Southwest Gas Hlds

Southwest Gas Holdings, Inc. engages in the energy business. It operates through the following business segments: Natural Gas Operations and Utility Infrastructure Services. The Natural Gas Operations segment focuses on purchasing, distribution, and transportation of natural gas in Arizona, California, and Nevada. The Utility Infrastructure Services segment consists of delivering an array of solutions to North America’s gas and electric providers. The company was founded in March 1931 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q4 2024

Southwest Gas Holdings excels in 2022, eyes growth and financial strength

Southwest Gas Holdings reported a strong performance in 2022, focusing on financial flexibility and sustainability.
Centuri and Southwest Gas Corporation are well-positioned for growth with diverse capabilities and operational successes.
Challenges include achieving the targeted 8% ROE and managing debt levels post-spin, with opportunities in strategic growth and financial flexibility.

Southwest Gas reports record Q1 performance and eyes clean energy growth

Southwest Gas Holdings' Q1 2023 earnings call showcased robust financial performance, growth prospects, and strategic initiatives to enhance shareholder value.
The company's emphasis on regulatory compliance, dividend payments, and future growth opportunities underscores its commitment to sustainable business practices.
Despite challenges in regulatory filings and operational complexities, Southwest Gas is well-positioned to leverage opportunities in clean energy and strategic investments for long-term success.

Southwest Gas Holdings excels in Q2 2023, focusing on growth and clean energy

Southwest Gas Holdings showcased strong financial results, operational achievements, and strategic progress in Q2 2023. The company's emphasis on clean energy, infrastructure investments, and shareholder value underscores a forward-looking approach.

Southwest Gas Holdings reports record Q3 performance and growth opportunities

Southwest Gas Holdings and Century Group demonstrated strong financial performance and strategic progress in Q3 2023 earnings call.
Challenges include offshore wind project cancellations, gas business decline in Canada, and lack of specific guidance on backlog projects.
Opportunities lie in potential IPO for Century, rate case filings, and growth in electric business, offering avenues for future growth and value creation.
Overall, Southwest Gas Holdings shows resilience and growth potential, supported by financial stability and strategic initiatives for future success.

Southwest Gas Holdings Achieves Record Results, Eyes Strategic Growth

Southwest Gas Holdings had a successful Q4 and full year, focusing on core utility services and strategic growth.
Strong Centuri performance and plans for significant capital expenditure highlight growth opportunities.
Anticipated net income growth, ROE maintenance, and collaborative regulatory engagement position the company well for the future.

Southwest Gas Holdings reports robust Q1 performance and strategic moves

Southwest Gas Holdings' Q1 2024 showcased strong performance with record margins and customer growth, despite a slight EPS decline. The Centuri IPO and separation plans signal strategic financial moves, while affirmed guidance and focus on balance sheet strength highlight stability and growth potential.
Navigating challenges such as EPS fluctuations and regulatory dynamics, Southwest Gas Holdings has opportunities to enhance shareholder value through operational optimization and strategic planning. The company's commitment to maintaining a competitive dividend underscores its long-term financial resilience.

Southwest Gas Holdings raises net income guidance and explores Centuri separation

Southwest Gas Holdings' Q2 2024 earnings call highlighted strong performance, raised net income guidance, and strategic priorities. The company is navigating challenges in upcoming rate cases while exploring opportunities for Centuri separation.

Southwest Gas reports robust Q3 performance and strategic growth focus

Southwest Gas Holdings demonstrated strong financial performance and strategic focus on growth and operational efficiency in Q3 2024.
The company's commitment to safety, reliability, and shareholder value positions it well for future success and sustainable growth.
Challenges in regulatory environments and strategic decisions present opportunities for Southwest Gas to navigate complexities and drive long-term value.

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Sunny Isles Beach, Florida, October 25, 2021 — Today, Carl C. Icahn released the following open letter to the board of directors of Southwest Gas Holdings Inc. ( SWX , Financial).

Carl Ican Pens Another Letter to Southwest Gas' Board

LAS VEGAS, Oct. 27, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) today confirmed that Icahn Enterprises LP ("Icahn") has commenced an unsolicited tender offer to acquire any and all outstanding shares of Southwest Gas Holdings for $75.00 per share in cash. Consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, the Southwest Gas Holdings Board of Directors will carefully review and evaluate the unsolicited tender offer to determine the course of action that the Board believes is in the best interest of Southwest Gas Holdings stockholders.

Southwest Gas Holdings to Review Unsolicited Tender Offer from Carl Icahn

A veteran in the shareholder activism space uses an old-school tactic to create value for investors.

Carl Icahn's tender offer for Southwest Gas sets the table for a proxy fight

ONE Gas

SWX vs. OGS: Which Stock Is the Better Value Option?

Carl Icahn Pens Letter to Shareholders of Southwest Gas

It has been quite some time since Carl Icahn has been in the news on the activist front. That changed this week when he announced on his website that Icahn Enterprises (NYSE: IEP) is going to initiate a tender offer and proxy content for Southwest Gas Holdings Inc. (NYSE: SWX).

PreMarket Prep Stock Of The Day: Southwest Gas Holdings

LAS VEGAS, Oct. 14, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) today issued the following statement in response to a publicly released letter from Carl C. Icahn. "The Southwest Gas Holdings Board of Directors remains committed to engaging with stockholders and welcomes their constructive input on ideas to maximize stockholder value.

Southwest Gas Holdings Issues Statement In Response To Letter From Carl C. Icahn

LAS VEGAS, Oct. 13, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced today that it has issued a response letter to Carl C. Icahn addressing points Mr.

Southwest Gas Holdings Issues Response Letter To Carl C. Icahn

LAS VEGAS, Oct. 11, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") announced today that its board of directors (the "Board") adopted a short-term stockholder rights plan (the "Rights Plan") on October 10, 2021. The Rights Plan is designed to protect stockholder interests by reducing the likelihood that any person or group would gain control of Southwest Gas Holdings through the open-market accumulation of the Company's shares without appropriately compensating Southwest Gas Holdings' stockholders for control.

Southwest Gas Holdings, Inc. Adopts Short-Term Stockholder Rights Plan

Southwest Gas Holdings (SWX) decides to acquire Questar Pipelines from Dominion Energy. The move is likely to be accretive to Southwest Gas' earnings within a year of closure of the acquisition.

Southwest Gas (SWX) to Acquire Dominion's Questar Pipeline

Southwest Gas (SWX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Southwest Gas (SWX) Surges 6.6%: Is This an Indication of Further Gains?

Dominion Energy

LAS VEGAS, Oct. 5, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced today that it has entered into a definitive agreement to acquire Dominion Energy Questar Pipeline, LLC, its subsidiaries and certain associated affiliates, including Overthrust Pipeline, White River Hub and Questar Field Services ("Questar Pipelines") from Dominion Energy, Inc. (NYSE: D). Questar Pipelines is an essential Rocky Mountain energy hub with 2,160-miles of highly contracted, FERC-regulated interstate natural gas pipelines providing transportation and underground storage services in Utah, Wyoming and Colorado.

Southwest Gas Holdings To Acquire Questar Pipeline From Dominion Energy

RICHMOND, Va., Oct. 5, 2021 /PRNewswire/ -- Dominion Energy (NYSE: D) announced today execution of a definitive agreement to sell Questar Pipelines to Southwest Gas Holdings Inc. (NYSE: SWX), in a transaction valued at $1.975 billion, including the assumption of $430 million of existing indebtedness.

Dominion Energy Announces Agreement to Sell Questar Pipelines to Southwest Gas

Sunny Isles Beach, Florida, October 5, 2021 — Today, Carl C. Icahn released the following open letter to the board of directors of Southwest Gas Holdings, Inc. ( SWX , Financial).

Carl Icahn Pens Open Letter to Southwest Gas' Board of Directors

Carl Icahn announced a sizeable stake in Southwest Gas, and he is pushing the utility company to drop its rumored acquisition of Questar Pipeline.

Activist investor Carl Icahn reveals stake in Southwest Gas, urging company to drop acquisition

LAS VEGAS, Sept. 22, 2021 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following fourth quarter cash dividend: Common Stock Payable December 1, 2021 Of Record November 15, 2021 Dividend $0.595 per share The dividend equates to $2.38 per share on an annualized basis.

Southwest Gas Holdings Declares Fourth Quarter 2021 Dividend

MDU Resources Group

ONEOK

The near-term prospects of the Zacks Gas Distribution industry do not look promising. However, gradual improvement in production and demand for natural gas will drive the performance of OKE, UGI, MDU, and SWX.

4 Gas Distribution Stocks to Watch Amid Weak Near-Term Prospects

Is Southwest Gas Corporation (SWX) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Choose Southwest Gas Corporation (SWX) Stock?

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Riggs Distler & Company, Inc. (Riggs Distler), a portfolio company of funds managed by Oaktree Capital Management, L.P. (Oaktree), on its sale to Centuri Group, Inc. (Centuri), a wholly-owned subsidiary of Southwest Gas Holdings, Inc. (NYSE: SWX; SWGH). Riggs Distler is a leading provider of power and utility services throughout the Northeast and Mid-Atla

Harris Williams Advises Riggs Distler & Company, Inc. on its Sale to Centuri Group, Inc.

PHOENIX, Aug. 27, 2021 /PRNewswire/ -- Centuri Group, Inc. ("Centuri"), a wholly-owned subsidiary of Southwest Gas Holdings, Inc. (NYSE: SWX), today announced closing of the acquisition of Riggs Distler & Company, Inc. and its affiliates ("Riggs Distler"). Founded in 1909 and based in Cherry Hill, New Jersey, Riggs Distler has extensive relationships and long-term Master Service Agreements (MSA) with nearly all of the major investor-owned electric utilities in the Northeast and Mid-Atlantic regions and provides unionized installation and repair services to its utility customers.

Centuri Group Acquires Riggs Distler as Unionized Electric Platform

Southwest Airlines

Southwest Gas Holdings' (SWX) CEO John Hester on Q2 2021 Results - Earnings Call Transcript

Southwest Gas (SWX) delivered earnings and revenue surprises of -6.52% and 5.94%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Southwest Gas (SWX) Q2 Earnings Lag Estimates

LAS VEGAS, Aug. 5, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced consolidated earnings of $0.43 per diluted share for the second quarter of 2021, a $0.25 decrease from consolidated earnings of $0.68 per diluted share for the second quarter of 2020. Consolidated current-quarter results include $3.1 million, or $0.05 per share, in other income due to increases in the cash surrender value of company-owned life insurance ("COLI") policies, while the prior-year quarter included $12 million of COLI-related income, or $0.22 per share.

Southwest Gas Holdings, Inc. Announces Second Quarter 2021 Earnings

Southwest Gas (SWX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Southwest Gas (SWX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Southwest Gas Holdings: Regulated LDC Utility Plus Utility Infrastructure

News for Southwest Gas Hlds Stock (SWX)