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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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.

Southwest Gas Holdings, Inc. (SWX) Q4 2022 Earnings Call Transcript

Southwest Gas Holdings' (SWX) fourth-quarter earnings lag estimates, while revenues beat the same.

Southwest Gas (SWX) Q4 Earnings Miss Estimates, Revenues Beat

Southwest Gas (SWX) delivered earnings and revenue surprises of -26.11% and 16.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Southwest Gas (SWX) Misses Q4 Earnings Estimates

Constructive Rate Case Outcomes in Arizona and Nevada Completed Sale of MountainWest Unlocking Value and Balance Sheet Flexibility through Spin of Centuri Managing Costs and Delivering Earnings Growth in 2023 LAS VEGAS , Feb. 28, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today reported 2022 financial results.  "We delivered strong revenues across the portfolio in 2022, while actively managing inflationary cost pressures that impacted both the utility and Centuri," said Karen S.

Southwest Gas Holdings, Inc. Reports 2022 Financial Results

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The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records.

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LAS VEGAS , Feb. 23, 2023 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following second quarter cash dividend: Common Stock Payable  June 1, 2023 Of Record    May 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 Second Quarter 2023 Dividend

Company to Host Earnings Conference Call on March 1, 2023 LAS VEGAS , Feb. 22, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2022 fourth quarter and twelve months financial results following market close on February 28, 2023. The Company will host an earnings conference call on March 1, 2023, at 1:00 PM 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 2022 Results on February 28, 2023

Williams

LAS VEGAS , Feb. 14, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it has closed the previously announced sale of MountainWest Pipelines Holding Company ("MountainWest") to Williams (NYSE: WMB), in a $1.5 billion total enterprise value all-cash transaction, subject to certain adjustments. Karen S. Haller, President and Chief Executive Officer of Southwest Gas, stated, "We are pleased to close the transaction with Williams, which is an important milestone in simplifying our corporate structure.

Southwest Gas Holdings Announces Closing of Sale of MountainWest to Williams

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced that it has closed its acquisition of MountainWest Pipelines Holding Company (MountainWest) from Southwest Gas Holdings, Inc. (NYSE: SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion.

Williams Closes Acquisition of MountainWest Natural Gas Transmission and Storage Business

LAS VEGAS , Feb. 14, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Company") has released its 2022 Sustainability Report, "Creating a Sustainable Energy Future for Everyone", highlighting the Company's achievements over the last year as a leader in the transition to lower-carbon energy sources through delivery of safe, reliable, and affordable natural gas, and its pursuit of innovative solutions. The report details the Company's priorities in environmental, social, and governance matters, recognizing investments in renewable projects and emissions reduction efforts, and reinforces Company commitments to achieving a sustainable energy future for everyone.

Southwest Gas Holdings Announces Release of 2022 Sustainability Report

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The Utilities sector continues to trade at a high earnings multiple as Q4 reporting season presses on. With a tepid growth outlook beyond this year and with interest rate risks, I don't see much value in SWX.

Southwest Gas: A High Valuation With Limited Growth Ahead, Bearish Chart

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Carl Icahn Is Buying More Southwest Gas

Southwest Gas Holdings Inc. said Thursday it has agreed to sell its MountainWest Pipelines business to Williams Cos. for $1.5 billion in cash.

Southwest Gas to sell MountainWest to Williams for $1.5 billion in cash, spin off Centuri unit to create two companies

Reaches Agreement to Sell MountainWest Pipelines for $1.5 Billion to Williams Decides to Spin Off Centuri, Creating Two Focused, Independent Companies Centuri, a Leading Independent Utility Infrastructure Services Business, Positioned for Continued Profitable Growth at the Forefront of Infrastructure Modernization and Energy Transition Southwest Gas Holdings to Become Fully Regulated Natural Gas Utility with Continued Focus on Providing Reliable, Sustainable and Affordable Energy across Arizona, Nevada and California LAS VEGAS , Dec. 15, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that its Board of Directors unanimously determined to take strategic actions to simplify the Company's portfolio of businesses. These actions include entering into a definitive agreement to sell 100% of MountainWest Pipelines Holding Company ("MountainWest") in an all-cash transaction to Williams (NYSE: WMB) for $1.5 billion in total enterprise value, subject to certain adjustments.

Southwest Gas Simplifies Corporate Structure to Maximize Stockholder Value

TULSA, Okla.--( BUSINESS WIRE )--Williams (NYSE: WMB) today announced that it has reached an agreement to acquire MountainWest Pipelines Holding Company (MountainWest) from Southwest Gas Holdings, Inc. (NYSE: SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion. MountainWest comprises roughly 2,000-miles of interstate natural gas pipeline systems primarily located across Utah, Wyoming and Colorado, totaling approximately 8 Bcf/d of transmission capacity. MountainWest also holds 56 Bcf of total storage capacity, including the Clay Basin underground storage reservoir, providing valuable service to western markets. The acquisition price represents an approximate 8x estimated 2023 EBITDA multiple.

Williams to Acquire MountainWest Natural Gas Transmission and Storage Business from Southwest Gas Holdings, Inc.

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

Why Is Southwest Gas (SWX) Up 7.1% Since Last Earnings Report?

LAS VEGAS , Nov. 17, 2022 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following first quarter cash dividend: Common Stock Payable March 1, 2023 Of Record February 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 First Quarter 2023 Dividend

Southwest Gas Holdings' (SWX) third-quarter earnings were lower than expected. Through systematic capital investment, SWX continues to strengthen its operations.

Southwest Gas (SWX) Up 2.8% on Q3 Sales Beat, Earnings Miss

Southwest Gas Holdings, Inc. (NYSE:SWX ) Q3 2022 Earnings Conference Call November 9, 2022 1:00 PM ET Company Participants Thomas Moran - Vice President of General Counsel and Corporate Secretary Karen Haller - President and Chief Executive Officer Justin Brown - President of Southwest Gas Corporation Paul Daily - President and Chief Executive Officer of Centuri Group Gregory Peterson - Senior Vice President and Chief Financial Officer Conference Call Participants Richard Sunderland - JPMorgan Chase & Co. Julien Dumoulin-Smith - Bank of America Merrill Lynch Ryan Levine - Citigroup Inc. Operator Ladies and gentlemen, good day, and welcome to the Southwest Gas Holdings Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Southwest Gas Holdings, Inc. (SWX) Q3 2022 Earnings Call Transcript

Southwest Gas (SWX) delivered earnings and revenue surprises of -117.86% and 3.48%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Southwest Gas (SWX) Reports Q3 Loss, Tops Revenue Estimates

R ecord Twelve-Month Natural Gas Distribution Margin Strategic Alternatives Review Process for Centuri and MountainWest Continues Focus is on Cost Management, Growth, and Value Creation for Stockholders LAS VEGAS , Nov. 9, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today reported third quarter 2022 financial results.  "Our third quarter results were in line with expectations for our natural gas distribution and pipeline and storage segments, and we continue to focus on additional opportunities to deliver growth with both of those segments.

Southwest Gas Holdings, Inc. Reports Third Quarter 2022 Financial Results

LAS VEGAS , Nov. 7, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced the appointment of Robert J. Stefani as Senior Vice President and Chief Financial Officer, effective November 30, 2022.

Southwest Gas Names Robert J. Stefani Chief Financial Officer

Company to Host Earnings Conference Call on November 9, 2022 LAS VEGAS , Nov. 2, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report third quarter 2022 financial results prior to market opening on Wednesday, November 9, 2022. The Company will host an earnings conference call on Wednesday, November 9, 2022, at 1:00 PM ET to discuss the results.

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