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Limoneira

15.27

-0.0700-0.46%

Volume:154.17K

Turnover:2.37M

Market Cap:275.55M

PE:35.74

High:15.81

Open:15.80

Low:15.25

Close:15.34

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Overview Company News Filings

Limoneira Board Approves $30 Million Share Repurchase Authorization

Limoneira First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St.

Limoneira Co Is Maintained at Hold by Lake Street

Limoneira Down Over 9%, On Track for Largest Percent Decrease Since March 2022 -- Data Talk

Lake Street Sticks to Its Hold Rating for Limoneira Co (LMNR)

Limoneira Co (LMNR) Q1 2025 Earnings Call Highlights: Navigating Market Challenges with ...

Limoneira (LMNR) Q1 2025 Earnings Call Transcript

Motley Fool Transcribing

Limoneira Co expected to post a loss of 20 cents a share - Earnings Preview

BRIEF-Limoneira Co On March 1, 2025, Received A Notice Of Termination Of FMA From PGIM

Limoneira Co - No Material Early Termination Penalties for Limoneira

THOMSON REUTERS

Limoneira Co: on March 1, 2025, Received a Notice of Termination of Fma From Pgim

THOMSON REUTERS

BRIEF-Limoneira Leadership To Discuss Strategic Transformation And Value Drivers At 37Th Annual ROTH Conference

Limoneira Leadership to Discuss Strategic Transformation and Value Drivers at 37TH Annual Roth Conference

THOMSON REUTERS

Limoneira Leadership to Discuss Strategic Transformation and Value Drivers at 37th Annual ROTH Conference

Press Release: Limoneira to Announce First Quarter 2025 Financial Results on March 12, 2025

Avocado-Company Shares Recover After Mexico Tariffs Pushed Back

With 59% ownership, Limoneira Company (NASDAQ:LMNR) boasts of strong institutional backing

Simply Wall St.

Limoneira Sells Water Pumping Rights in California's Santa Paula Basin for $1.7 Million

MT Newswires Live

Lake Street Sticks to Its Hold Rating for Limoneira Co (LMNR)

Limoneira monetizes portion of water rights

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Value Creation Roadmap Includes Selling Non-Core Assets, Real Estate Development at Harvest, Land Use Conversion, Water Monetization and Avocado Expansion. Repurchases of shares of common stock under the share repurchase program will be made in accordance with applicable securities laws and may be made under a variety of methods, which may include open market or in privately negotiated transactions. The share repurchase program may be modified, suspended or discontinued at any time and does not commit the Company to repurchase shares of the common stock. The extent to which the Company repurchases shares of common stock, and the timing of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by the Company.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/limoneira-board-approves-30-million-123000962.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"buyback","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4189","LMNR"],"gpt_icon":0},{"id":"2519372808","title":"Limoneira First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag","url":"https://stock-news.laohu8.com/highlight/detail?id=2519372808","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519372808?lang=en_us&edition=fundamental","pubTime":"2025-03-14 18:49","pubTimestamp":1741949350,"startTime":"0","endTime":"0","summary":"NasdaqGS:LMNR Earnings and Revenue History March 14th 2025. All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 16%. Earnings per share  exceeded analyst estimates by 20%.Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Food industry in the US.The company's shares are down 15% from a week ago.It is worth noting though that we have found 1 warning sign for Limoneira that you need to take into consideration.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/limoneira-first-quarter-2025-earnings-104910415.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LMNR"],"gpt_icon":0},{"id":"2519802864","title":"Limoneira Co Is Maintained at Hold by Lake 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intraday percent decrease since Dec. 24, 2024, when it fell as much as 12.58%","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LMNR","BK4189"],"gpt_icon":0},{"id":"2519883147","title":"Lake Street Sticks to Its Hold Rating for Limoneira Co (LMNR)","url":"https://stock-news.laohu8.com/highlight/detail?id=2519883147","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519883147?lang=en_us&edition=fundamental","pubTime":"2025-03-13 20:57","pubTimestamp":1741870635,"startTime":"0","endTime":"0","summary":"In a report released today, Ben Klieve from Lake Street 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million last year.Operating Loss: Improved to $5.3 million from $7.7 million last year.Net Loss Applicable to Common Stock: $3.2 million, compared to $3.7 million last year.Long-term Debt: $57.9 million as of January 31, 2025, compared to $40 million at the end of fiscal year 2024.Net Debt Position: $56.8 million at quarter end.G","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/limoneira-co-lmnr-q1-2025-070752583.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LMNR"],"gpt_icon":0},{"id":"2519076677","title":"Limoneira (LMNR) Q1 2025 Earnings Call 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a loss of 20 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2518783248","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518783248?lang=en_us&edition=fundamental","pubTime":"2025-03-11 04:46","pubTimestamp":1741639564,"startTime":"0","endTime":"0","summary":"Limoneira Co  expected to post a loss of20cents a share - Earnings Preview Limoneira Co LMNR.OQ LMNR.O is expected to show a rise in quarterly revenue when it reports  results on March 12 for the peri","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL8N3PT296:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LMNR"],"gpt_icon":0},{"id":"2517438476","title":"BRIEF-Limoneira Co On March 1, 2025, Received A Notice Of Termination Of FMA From PGIM","url":"https://stock-news.laohu8.com/highlight/detail?id=2517438476","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517438476?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:33","pubTimestamp":1741354430,"startTime":"0","endTime":"0","summary":"BRIEF-Limoneira Co On March 1, 2025, Received A Notice Of Termination Of FMA From PGIMMarch 7  - Limoneira Co LMNR.O:LIMONEIRA CO: ON MARCH 1, 2025, RECEIVED A NOTICE OF TERMINATION OF FMA FROM PGIMLIMONEIRA CO - NO MATERIAL EARLY TERMINATION PENALTIES FOR LIMONEIRASource text: [ID:n0001104659-25-021557]Further company coverage: LMNR.O ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0G0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LMNR","BK4189"],"gpt_icon":0},{"id":"2517438491","title":"Limoneira Co - No Material Early Termination Penalties for 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Pgim","url":"https://stock-news.laohu8.com/highlight/detail?id=2517243812","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517243812?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:31","pubTimestamp":1741354316,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0G0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4189","LMNR"],"gpt_icon":0},{"id":"2516631120","title":"BRIEF-Limoneira Leadership To Discuss Strategic Transformation And Value Drivers At 37Th Annual ROTH Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2516631120","media":"Reuters","labels":["conferences","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516631120?lang=en_us&edition=fundamental","pubTime":"2025-03-03 22:27","pubTimestamp":1741012079,"startTime":"0","endTime":"0","summary":"BRIEF-Limoneira Leadership To Discuss Strategic Transformation And Value Drivers At 37Th Annual ROTH ConferenceMarch 3 (Reuters) - Limoneira Co LMNR.O:LIMONEIRA LEADERSHIP TO DISCUSS STRATEGIC TRANSFO","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nTUA3WR27D:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LMNR","BK4189"],"gpt_icon":0},{"id":"2516635278","title":"Limoneira Leadership to Discuss Strategic Transformation and Value Drivers at 37TH Annual Roth Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2516635278","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516635278?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:30","pubTimestamp":1741008602,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nTUA3WR27D:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LMNR","BK4189"],"gpt_icon":0},{"id":"2516639948","title":"Limoneira Leadership to Discuss Strategic Transformation and Value Drivers at 37th Annual ROTH Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2516639948","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516639948?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:30","pubTimestamp":1741008600,"startTime":"0","endTime":"0","summary":"SANTA PAULA, Calif., March 03, 2025----Limoneira Company  , a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Harold Edwards, the Company's Chief Executive Officer, and Mark Palamountain, the Company's Chief Financial Officer, will host one-on-one meetings with investors at the 37th Annual ROTH Conference. The conference is being held at the Laguna Cliffs Marriott in Dana Point, California on Monday, March 17th and Tuesday, March 18th.Management will discuss Limoneira’s strategic transformation, including:. Realizing premium asset value through strategic land development and entitlements, water rights monetization, and asset sales. Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or im","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/limoneira-leadership-discuss-strategic-transformation-133000689.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ROTH","BK4189","LMNR"],"gpt_icon":0},{"id":"2514404830","title":"Press Release: Limoneira to Announce First Quarter 2025 Financial Results on March 12, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2514404830","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514404830?lang=en_us&edition=fundamental","pubTime":"2025-02-26 21:32","pubTimestamp":1740576720,"startTime":"0","endTime":"0","summary":"Company to Host Conference Call at 1:30 pm Pacific Time. Limoneira Company  , a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the first quarter ended January 31, 2025, on Wednesday, March 12, 2025, after the market close.There also will be a simultaneous, live webcast available on the Investor Relations section of the Company's web site at www.limoneira.com. The webcast will be archived for 30 days.Limoneira Company, a 132-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira  is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina. The Company is a leading producer of lemons, avocados and other crops that are enjo","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4189","LMNR"],"gpt_icon":0},{"id":"2508140090","title":"Avocado-Company Shares Recover After Mexico Tariffs Pushed Back","url":"https://stock-news.laohu8.com/highlight/detail?id=2508140090","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2508140090?lang=en_us&edition=fundamental","pubTime":"2025-02-04 00:22","pubTimestamp":1738599720,"startTime":"0","endTime":"0","summary":"Shares of avocado companies recovered after Mexican President Claudia Sheinbaum said U.S. tariffs on Mexican goods would be delayed for at least another month.Mission Produce, Limoneira and Calavo Growers bounced back after declining around 3% Monday morning. In recent trading, shares of Mission fell 0.9%, to $11.79, while shares of Limoneira fell 0.5%, to $22.95. Calavo Growers shares were down fractionally.Analysts said tariffs would drive up consumer prices for avocados, as about 80% of those sold in the U.S. are sourced from Mexico, according to the Agriculture Department.Consumers would likely see a price increase almost immediately after tariffs were implemented, which could dampen demand, said Sturdivant & Co. analyst Mitchell Pinheiro. An average avocado sells for $1.15 in U.S. supermarkets, so a 25% tariff would up it to around $1.45.Prolonged tariffs could also prompt restaurants to add surcharges on guacamole or increase menu prices, said Ben Klieve, an analyst at Lake Stree","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4189","LMNR","AVO","BK4212","CVGW"],"gpt_icon":0},{"id":"2508140631","title":"With 59% ownership, Limoneira Company (NASDAQ:LMNR) boasts of strong institutional backing","url":"https://stock-news.laohu8.com/highlight/detail?id=2508140631","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2508140631?lang=en_us&edition=fundamental","pubTime":"2025-02-03 19:45","pubTimestamp":1738583159,"startTime":"0","endTime":"0","summary":"Given the large stake in the stock by institutions, Limoneira's stock price might be vulnerable to their trading decisions. Using data from company's past performance alongside ownership research, one can better assess the future performance of a company. If you want to know who really controls Limoneira Company , then you'll have to look at the makeup of its share registry. With 59% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most  from their investment into the company.Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.In the chart below, we zoom in on the different ownership groups of Limoneira.NasdaqGS:LMNR Earnings and Revenue Growth February 3rd 2025. While studying institutional ownership for a company can","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/59-ownership-limoneira-company-nasdaq-114559434.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TQQQ","QID","IE00B64PRP62.GBP","NVIW.SI","NQmain","PSQ",".IXIC","SQQQ","USAW.SI","BK4585","MNQmain","LU2210150020.SGD","USJW.SI","IE00BKPKM429.USD","LU2210149790.SGD","LMNR","BK4189","BK4588","IE00B3QW5Z07.USD","BK4112","LU2095319765.USD","TSYW.SI","NDAQ","QLD","IE00BGHQF748.EUR"],"gpt_icon":1},{"id":"2505017256","title":"Limoneira Sells Water Pumping Rights in California's Santa Paula Basin for $1.7 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2505017256","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505017256?lang=en_us&edition=fundamental","pubTime":"2025-01-23 23:31","pubTimestamp":1737646283,"startTime":"0","endTime":"0","summary":"Limoneira  said Thursday it completed three separate water pumping rights deals in the Santa Paula Basin in California for $1.7 million.The rights were sold at $30,000 per acre-foot, according to the agribusiness company.Limoneira said it holds about 21,000 acre-feet of rights across the Santa Paula and Fillmore Basins, the Paso Robles Basin, and Class 3 Colorado River water rights.Shares of the company were up 3.5% in recent trading.Price: 23.25, Change: +0.78, Percent Change: +3.47","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LMNR","BK4189"],"gpt_icon":0},{"id":"2505016363","title":"Lake Street Sticks to Its Hold Rating for Limoneira Co (LMNR)","url":"https://stock-news.laohu8.com/highlight/detail?id=2505016363","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505016363?lang=en_us&edition=fundamental","pubTime":"2025-01-23 21:55","pubTimestamp":1737640557,"startTime":"0","endTime":"0","summary":"Lake Street analyst Ben Klieve maintained a Hold rating on Limoneira Co (LMNR – Research Report) today and set a price target of $25.00. The compan...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/lake-street-sticks-to-its-hold-rating-for-limoneira-co-lmnr?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/lake-street-sticks-to-its-hold-rating-for-limoneira-co-lmnr?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LMNR"],"gpt_icon":0},{"id":"2505301685","title":"Limoneira monetizes portion of water rights","url":"https://stock-news.laohu8.com/highlight/detail?id=2505301685","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505301685?lang=en_us&edition=fundamental","pubTime":"2025-01-23 21:50","pubTimestamp":1737640236,"startTime":"0","endTime":"0","summary":"Limoneira (LMNR) announced the successful completion of three separate water pumping rights transactions in the Santa Paula Basin, totaling $1.7M. 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