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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Southwest Gas (SWX) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.23 per share a year ago.

Southwest Gas (SWX) Q2 Earnings and Revenues Beat Estimates

Delivering Strong Second Quarter for Utility Net Income and Centuri Revenue Reaffirming 2023 Utility Earnings Guidance and 2023 Centuri Revenue and EBITDA Margin Guidance LAS VEGAS , Aug. 9, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or "Company") today reported second quarter 2023 financial results.  "I am pleased with our strong financial results across the utility and Centuri, and the progress we made on our strategic priorities," said Karen S.

Southwest Gas Holdings, Inc. Reports Second Quarter 2023 Financial Results

Southwest Gas' (SWX) second-quarter 2023 earnings are likely to have benefited from expanding customer growth and lower operations and maintenance expenses.

What's in Store for Southwest Gas (SWX) in Q2 Earnings?

Company to Host Earnings Conference Call on August 9, 2023 LAS VEGAS , Aug. 2, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2023 second quarter results prior to market opening on Wednesday, August 9, 2023. The Company will host an earnings conference call on August 9, 2023, 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 Second Quarter 2023 Results on August 9, 2023

Southwest Gas Holdings is a stable natural gas utility serving Arizona, Nevada and parts of California. The populations of Nevada and Arizona are both growing, providing the company with an increasing customer base and revenue. The company is positioned for a 9% to 11% total average annual return over the next three years.

Southwest Gas: Reasonable Total Return And A Growing Service Area

Receives ACC Approval and Files Confidential Draft Form 10 with SEC Separation Remains on Track for Fourth Quarter of 2023 or First Quarter of 2024  LAS VEGAS , June 21, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today provided an update on important steps completed in connection with the previously announced planned separation and spin-off of its wholly owned subsidiary, Centuri Group, Inc. ("Centuri"), to form a new independent publicly traded utility infrastructure services company (the "Separation"). Southwest Gas announced that it has received approval from the Arizona Corporation Commission ("ACC") to divest its financial interest in and separate from Centuri, which satisfies any state regulatory approvals necessary to proceed with the Separation and has confidentially filed a draft initial Registration Statement on Form 10 with the United States Securities and Exchange Commission ("SEC").

Southwest Gas Holdings Provides Update on Progress Towards Centuri Separation

Northwest Natural Gas

Investors with an interest in Utility - Gas Distribution stocks have likely encountered both Northwest Natural (NWN) and Southwest Gas (SWX). But which of these two stocks offers value investors a better bang for their buck right now?

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

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

Southwest Gas (SWX) Up 9.6% Since Last Earnings Report: Can It Continue?

Illumina

Billionaire investor Carl Icahn (Trades, Portfolio) disclosed his firm's first-quarter equity portfolio earlier this month.

Carl Icahn Buys Activist Target Illumina, Adds to Southwest Gas Stake

Southwest Gas (SWX) is likely to benefit from its systematic investments, expanding customer base and separation of Centuri.

Southwest Gas (SWX) Rides on Investments, New Customers

Southwest Gas Holdings, Inc. (NYSE:SWX ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 PM ET Company Participants Thomas Moran - VP of General Counsel and Corporate Secretary Karen Haller - President & CEO Robert Stefani - CFO Justin Brown - President of Southwest Gas Corporation Paul Daily - President & CEO, Centuri Group Chad Van Sweden - CFO, Centuri Group Conference Call Participants Christopher Ellinghaus - Siebert Williams Julien Dumoulin-Smith - Bank of America Operator Good morning, and welcome to the Southwest Gas Holdings First Quarter Earnings Conference Call. All participants will be in a listen-only mode.

Southwest Gas Holdings, Inc. (SWX) Q1 2023 Earnings Call Transcript

Southwest Gas' (SWX) first-quarter 2023 the top line increase year over year.

Southwest Gas (SWX) Q1 Earnings & Revenues Outpace Estimates

Southwest Gas (SWX) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.74 per share a year ago.

Southwest Gas (SWX) Tops Q1 Earnings and Revenue Estimates

Highest Quarterly Utility Net Income on Record; Highest First Quarter Revenues at Centuri Reaffirming 2023 Guidance LAS VEGAS , May 9, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today reported first quarter 2023 financial results.  "We delivered strong financial results at both the utility and Centuri during the quarter, with constructive new rates in place for Arizona utility customers and exciting new offshore wind and natural gas contracts at Centuri," said Karen S.

Southwest Gas Holdings, Inc. Reports First Quarter 2023 Financial Results

Company to Host Earnings Conference Call on May 9, 2023 LAS VEGAS , May 9, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2023 first quarter results prior to market opening on Tuesday, May 9, 2023. The Company will host an earnings conference call on May 9, 2023, 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 2023 Results on May 9, 2023

LAS VEGAS , May 3, 2023 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following third quarter cash dividend: Common Stock Payable    September 1, 2023 Of Record    August 15, 2023 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 2023 Dividend

Cullen/Frost Bankers

Capri Holdings Ltd

CVB Financial

DISH Network

Dun & Bradstreet Holdings

Elanco Animal Health Inc

Flaherty & Crumrine Preferred Securities Income Fund Inc

Glacier Bancorp

Chart Industries

Herbalife

HighPeak Energy Inc

JPMorgan Chase & Co

Matador Resources

Ryan Specialty Group Holdings

Stifel Financial

SPDR S&P 500 ETF Trust

Tidewater

V.F.

Valley National

Vistra Energy

Today, we provide you the first quarter update in our recurring series based on firms that have enjoyed unusual insider interest during the first quarter of the year. We stand behind our belief that insiders supply the market with high-quality investment information each time they decide to trade their own company's shares on the open market.

Strong Mid-Cap Insider Buys: Q1 2023

Fintel reports that Icahn Carl C has filed a 13D/A form with the SEC disclosing ownership of 10.52MM shares of Southwest Gas Corp.

Carl Icahn Now Owns 14.75% of Southwest Gas

Carl Icahn is highly bullish on one natural gas company. Yesterday, the billionaire activist investor announced that he is doubling down on his Southwest Gas (NYSE: SWX ) holdings.

Billionaire Carl Icahn Is Betting Big on Southwest Gas (SWX) Stock

Fintel reports that Icahn Carl C has filed a 13D/A form with the SEC disclosing ownership of 9.69MM shares of Southwest Gas Corp.

Carl Icahn Now Owns 13.58% of Southwest Gas

Fintel reports that Icahn Carl C has filed a 13D/A form with the SEC disclosing ownership of 8.94MM shares of Southwest Gas Corp.

Carl Icahn Now Owns 12.64% of Southwest Gas

Renowned investor Carl Icahn (Trades, Portfolio) disclosed this week he increased his firm's position in Southwest Gas Holdings Inc. ( SWX , Financial) by 35.28% following a public offering of common stock.

Carl Icahn Expands Southwest Gas Stake

LAS VEGAS , March 8, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) (the "Company") today announced that it has priced an underwritten public offering of 3,576,180 shares of its common stock at a public offering price of $60.12 per share, for net proceeds, after the underwriting discount and before the estimated expenses of the offering payable by the Company, of approximately $207.7 million. The offering is expected to close on March 10, 2023, subject to customary closing conditions.

SOUTHWEST GAS HOLDINGS, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK

LAS VEGAS , March 7, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) (the "Company") today announced that it has commenced an underwritten public offering of $215,000,000 in shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional $32,250,000 of shares of its common stock.

SOUTHWEST GAS HOLDINGS, INC. ANNOUNCES COMMENCEMENT OF PUBLIC OFFERING OF COMMON STOCK

Southwest Gas Holdings, Inc. (NYSE:SWX ) Q4 2022 Results Conference Call March 1, 2023 1:00 PM ET Company Participants Thomas Moran - Vice President of General Counsel and Corporate Secretary Karen Haller - President and Chief Executive Officer Robert Stefani - CFO Justin Brown - President of Southwest Gas Corporation Paul Daily - President and Chief Executive Officer of Centuri Group Conference Call Participants Chris Ellinghaus - Siebert Williams Ryan Levine - Citigroup Inc Tim Winter - Gabelli Funds Operator Good day, and welcome to the Southwest Gas Holdings Investor Call. All participants are in a listen-only mode.

News for Southwest Gas Hlds Stock (SWX)