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.

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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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Atmos Energy

Investors interested in stocks from the Utility - Gas Distribution sector have probably already heard of Atmos Energy (ATO) and Southwest Gas (SWX). But which of these two companies is the best option for those looking for undervalued stocks?

ATO or SWX: Which Is the Better Value Stock Right Now?

Southwest Gas Holdings, Inc. (NYSE:SWX ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Justin Forsberg – Vice President-Investor Relations and Treasurer Karen Haller – President and Chief Executive Officer Rob Stefani – Chief Financial Officer Justin Brown – President-Southwest Gas Corporation Conference Call Participants Chris Ellinghaus – Siebert Williams Shank Ryan Levine – Citi Operator Welcome to Southwest Gas Holdings First Quarter 2024 Earnings Conference Call. Today's call is being recorded and our webcast is live.

Southwest Gas Holdings, Inc. (SWX) Q1 2024 Earnings Call Transcript

Southwest Gas' (SWX) first-quarter 2024 earnings and revenues decline year over year. Utility infrastructure services expenses decrease during the same period.

Southwest Gas (SWX) Q1 Earnings Miss Estimates, Sales Beat

Centuri Holdings Inc

Delivers Strong First Quarter Utility Earnings Positive Nevada Rate Case Outcome Centuri IPO Successfully Executed; Net Proceeds Used to Reduce Centuri Debt LAS VEGAS , May 8, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or "Company") today reported first quarter 2024 consolidated net income of $87.7 million, or $1.22 per diluted share, and adjusted consolidated net income of $98.5 million, or $1.37 per diluted share. These results compared to consolidated net income of $45.9 million, or $0.67 per diluted share, and adjusted consolidated earnings of $121 million, or $1.77 per diluted share for the first quarter of 2023.

Southwest Gas Holdings, Inc. Reports First Quarter 2024 Financial Results, Affirms Guidance

LAS VEGAS, May 1, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following third quarter cash dividend: Common Stock Payable      September 3, 2024 Of Record     August 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956.

Southwest Gas Holdings Declares Third Quarter 2024 Dividend

CVR Energy

Occidental Petroleum

Icahn owns big stakes in CVR Energy, Southwest Gas Holdings, and Occidental Petroleum. Each company has different exposures, creating a diversified energy basket.

More Than a Quarter of Billionaire Carl Icahn's Portfolio Is In These 3 Energy Stocks

Company to Host Earnings Conference Call on May 8, 2024 LAS VEGAS , April 24, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2024 first quarter results prior to market opening on May 8, 2024. The Company will host an earnings conference call on May 8, 2024, at 11:00 AM ET to discuss the results, and the discussion may include business, financial or other information not contained in the earnings release.

Southwest Gas Holdings, Inc. to Report First Quarter 2024 Results on May 8, 2024

LAS VEGAS , April 24, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Company") has released its 2023 Sustainability Report, "Creating a Sustainable Energy Future for Everyone", highlighting the Company's achievements for the 2022 calendar year, along with important developments in 2023. As a natural gas service provider and builder of essential energy infrastructure services, the Company is committed to innovative low-carbon energy solutions that can help customers and key stakeholders achieve their energy and environmental goals and build equitable, inclusive, and prosperous communities for the benefit of future generations.

Southwest Gas Holdings Announces Release of 2023 Sustainability Report

LAS VEGAS , April 22, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced the closing of Centuri Holdings, Inc.'s (NYSE: CTRI) ("Centuri") initial public offering ("IPO") of 14,260,000 shares of Centuri's common stock at a price to the public of $21.00 per share, including the underwriters' full exercise of their option to purchase 1,860,000 shares to cover over-allotments. Shares of Centuri's common stock began trading on the New York Stock Exchange under the symbol "CTRI" on April 18, 2024.

Southwest Gas Announces Closing of Centuri Initial Public Offering

LAS VEGAS and PHOENIX , April 17, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas") and Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri"), a wholly owned subsidiary of Southwest Gas, today announced the pricing of Centuri's initial public offering (the "IPO") of 12,400,000 shares of Centuri's common stock at an initial public offering price of $21.00 per share. In addition, Centuri has granted the underwriters a 30-day option to purchase up to an additional 1,860,000 shares of its common stock to cover over-allotments, if any.

Southwest Gas and Centuri Announce Pricing of Centuri Initial Public Offering and Concurrent Private Placement

On March 1, 2022, Southwest Gas Holdings SWX , Inc. (NYSE: SWX; $72.86; Market Capitalization: $5.2 billion) announced its decision to separate Centuri from Southwest Gas Holdings. On December 4, 2023, Southwest Gas Holdings, Inc. announced its plan to pursue an initial public offering (IPO) of Centuri Holdings.

Southwest Gas To Carvout Centuri In IPO

ONE Gas

Investors interested in Utility - Gas Distribution stocks are likely familiar with ONE Gas (OGS) and Southwest Gas (SWX). But which of these two companies is the best option for those looking for undervalued stocks?

OGS vs. SWX: Which Stock Should Value Investors Buy Now?

LAS VEGAS , April 8, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas") today announced that Centuri Holdings, Inc. ("Centuri"), a wholly owned subsidiary of Southwest Gas, has launched a roadshow for the initial public offering (the "IPO") of 12,400,000 shares of Centuri's common stock. Centuri has granted the underwriters a 30-day option to purchase up to an additional 1,860,000 shares.

Southwest Gas Announces Launch of Centuri Initial Public Offering Roadshow

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Southwest Gas (SWX) should continue to benefit from its long-term investment plans, strategic acquisitions and customer additions.

Southwest Gas (SWX) Gains From Investment Plans, Customer Growth

Southwest Gas (SWX) reported earnings 30 days ago. What's next for the stock?

Southwest Gas (SWX) Up 11.7% Since Last Earnings Report: Can It Continue?

Intends to List Centuri Group under 'CTRI' on the NYSE LAS VEGAS , March 22, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that, in connection with the previously announced planned separation of its wholly owned subsidiary, Centuri Group, Inc., its utility infrastructure business, Centuri Holdings, Inc. ("Centuri"), has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock. The timing, number of shares to be offered and the price range for the proposed offering have not yet been determined.

Southwest Gas Announces that Centuri Files Public Registration Statement

Icahn Enterprises

Billionaire investor Carl Icahn developed a reputation as a corporate raider in the 1980s but is better known today as a shareholder activist. He buys large stakes in undervalued companies to push for changes, often through gaining seats on boards of directors.

Icahn's All-In: 3 Stocks Billionaire Carl Icahn Is Betting Big On

MDU Resources Group

Investors looking for stocks in the Utility - Gas Distribution sector might want to consider either MDU Resources (MDU) or Southwest Gas (SWX). But which of these two stocks is more attractive to value investors?

MDU or SWX: Which Is the Better Value Stock Right Now?

Southwest Gas' (SWX) fourth-quarter earnings and revenues top estimates. New customer additions and the long-term capital expenditure plan boost earnings.

Southwest Gas (SWX) Q4 Earnings and Revenues Beat Estimates

Southwest Gas Holdings, Inc. (SWX) Q4 2023 Earnings Call Transcript

Improved Utility ROE, Strong Centuri Revenue, Net Income, and Adjusted EBITDA Previously Announced Plan to Separate Centuri Remains On Track Initiated 2024 Utility Earnings and Capital Expenditures Guidance and 2024-2026 Utility Adjusted Net Income CAGR and Rate Base CAGR Guidance LAS VEGAS , Feb. 28, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or "Company") today reported fourth quarter 2023 consolidated net income of $72.9 million, or $1.01 per diluted share, and adjusted consolidated net income of $81.2 million, or $1.13 per diluted share. For the full-year ended December 31, 2023, consolidated net income was $150.9 million, or $2.13 per diluted share, and adjusted consolidated net income was $238.4 million, or $3.36 per diluted share.

Southwest Gas Holdings, Inc. Reports Fourth Quarter and Full-Year 2023 Financial Results

Company to Host Earnings Conference Call on February 28, 2024 LAS VEGAS , Feb. 28, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2023 fourth quarter and twelve months financial results prior to market opening on February 28, 2024. The Company will host an earnings conference call on February 28, 2024, at 11:00 AM ET to discuss the results, and the discussion may include business, financial or other information not contained in the earnings release.

Southwest Gas Holdings, Inc. to Report Fourth Quarter 2023 Results on February 28, 2024

LAS VEGAS , Feb. 22, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following second quarter cash dividend: Common Stock Payable June 3, 2024 Of Record              May 15, 2024 Dividend                $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956.

Southwest Gas Holdings Declares Second Quarter 2024 Dividend

Southwest Gas (SWX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for Southwest Gas Hlds Stock (SWX)