Stock Taper
| DATE | TYPE | RATIO |
|---|---|---|
| 2004-04-26 | Reverse | 1:10 |
Pure Cycle Corporation, founded in 1976 and based in Watkins, Colorado, provides water and wastewater systems, land development, and oil and gas leasing services to customers in the Denver metro area and Colorado Front Range.

Pure Cycle Corporation develops and sells finished lots in Sky Ranch, Denver, to homebuilders, supporting its water and wastewater services within a vertically integrated business model.
Pure Cycle Corporation announced its financial results for the fiscal year ended August 31, 2025, revealing a significant 738% increase in royalty income from its oil and gas mineral interests. This substantial growth in a high-margin segment contributed to a 13% increase in net income to $13.1 million and a 12.5% increase in earnings per share to $0.54, marking the company's eighth consecutive year of profitability.
Based on available public information, Pure Cycle Corporation did not undertake a significant strategic shift in 2025. The company's activities focused on the continued execution of its established business model, which integrates water and wastewater services, land development of its Sky Ranch master-planned community, and an expanding single-family rental portfolio. A notable operational decision was the diversification of its homebuilder partners at Sky Ranch.
Overall rating: B+
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