Cadiz Stock, located in Powder River, Montana, is a privately owned earth dam with a primary purpose of fire protection, stock, or small fish pond. Built in 1959, this structure stands at a height of 32 feet and has a storage capacity of 96 acre-feet. The dam spans 415 feet in length and covers a surface area of 7 acres. Despite being classified as a low hazard potential, the condition assessment in 2018 rated it as fair, with a moderate risk level of 3.

Owned by a private entity, Cadiz Stock is regulated by the Wyoming State Engineer's Office and is subject to state permitting, inspection, and enforcement. Situated along the Leiter or Cadiz Draw stream, this dam serves the local community by providing vital water resources for firefighting and livestock needs. Although it has not undergone any modifications in recent years, regular inspections ensure its structural integrity and safety for surrounding residents.

Managed by the Omaha District of the US Army Corps of Engineers, Cadiz Stock is a key component of the water infrastructure in Sheridan, Wyoming. With Congresswoman Liz Cheney representing the area, this dam plays a crucial role in maintaining water resources for agricultural and environmental purposes. As a focal point for climate and water resource enthusiasts, Cadiz Stock embodies the delicate balance between human necessity and environmental stewardship in the face of changing climate patterns.