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

LAS VEGAS, March 1, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that its Board of Directors has unanimously decided to separate its wholly-owned subsidiary, Centuri Group, Inc. ("Centuri"), from the Company. The separation is expected to occur within the next 9 to 12 months.

Southwest Gas Holdings Announces Decision to Separate Centuri, Creating Two Focused, Independent Companies to Unlock Value for Stockholders

LAS VEGAS, Feb. 24, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or "the Company") today confirmed that an affiliate of Carl Icahn ("Icahn") extended its tender offer to acquire any and all outstanding common shares of the Company for $75.00 per share in cash (the "Offer"). As previously announced, Southwest Gas' Board of Directors rejected Icahn's unsolicited, inadequate, structurally coercive, highly conditional and illusory tender offer.

Southwest Gas Holdings Issues Statement Regarding Extension of Carl Icahn's Unsolicited Tender Offer

LAS VEGAS, Feb. 23, 2022 /PRNewswire/ -- Senior management of Southwest Gas Holdings, Inc. (NYSE: SWX) is holding a conference call to discuss the Company's 2021 fourth quarter and twelve-months results on Wednesday, March 2, 2022. The conference call will follow the release of the Company's earnings results on Tuesday, March 1, 2022.

Southwest Gas Holdings, Inc. Announces Conference Call

Southwest Gas is still battling Mr. Icahn's tender of $75 a share, which he admits is below his estimates of an $89 per share value.

Southwest Gas Holdings: Buy The Dips As Diversity Trumps Carl

Sunny Isles Beach, Florida, January 26, 2022 — Today, Carl C. Icahn released the following open letter to the stockholders of Southwest Gas Holdings, Inc. ( SWX , Financial).

Carl Icahn Issues Another Letter to Southwest Gas Shareholders

Southwest Gas (SWX) to add 5,300 customers of Graham County to its existing customer base on Jan 18, following the approval of Arizona Corporation Commission.

Southwest Gas (SWX) Expands Customer Base in Graham County

American Electric Power Company

ALLETE

Avista

Bank of Hawaii

Cathay General Bancorp

Comerica

Evergy Inc

Fidelity National Financial

General Mills

Lockheed Martin

NorthWestern

Omnicom Group

Principal Financial Group

Pinnacle West Capital

Portland General Electric

Simon Property Group

Spire

U.S. Bancorp

Vanguard High Dividend Yield ETF

There are 21 stocks on my high yield watchlist for January 2022. The majority of the stocks on my watchlist are currently undervalued based on dividend yield theory.

High Yield Stock Watchlist - January 2022

LAS VEGAS, Dec. 31, 2021 /PRNewswire/ -- Effective today, Southwest Gas Holdings, Inc. (NYSE: SWX) has completed the acquisition of Dominion Energy Quester Pipeline, LLC, and its subsidiaries and certain affiliates (collectively "Questar Pipeline Entities"). Southwest Gas Holdings, Inc. has also created a new subsidiary named MountainWest Pipelines Holding Company (MountainWest) that owns the Questar Pipeline Entities.

Southwest Gas Holdings Completes Acquisition of Questar Pipeline From Dominion Energy

Dominion Energy

RICHMOND, Va., Dec. 31, 2021 /PRNewswire/ -- Dominion Energy (NYSE: D) today announced that it has closed the sale of 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 debt.

Dominion Energy Announces Closing of Sale of Questar Pipelines to Southwest Gas

Icahn Enterprises

SUNNY ISLES BEACH, Fla., Dec. 24, 2021 /PRNewswire/ -- IEP Utility Holdings LLC, an affiliate of Icahn Enterprises L.P.

Icahn Enterprises Announces Extension of Southwest Gas Tender Offer

LAS VEGAS, Dec. 21, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") announced that the Delaware Court of Chancery issued a ruling from the bench today denying the motion of Icahn Partners LP and Icahn Partners Master Fund LP ("Icahn") for a temporary restraining order with respect to Southwest Gas' permanent financing for its acquisition of Dominion Energy Questar Pipeline LLC ("Questar"). Icahn unsuccessfully sought to constrain the ability of Southwest Gas to raise permanent financing for the Company's acquisition of Questar.

Southwest Gas Announces Delaware Chancery Court Denies Icahn Motion

Packaging Corp of America

ViacomCBS

WEC Energy Group

There are 22 stocks on my high yield watchlist for December 2021. Eight of the stocks on my watchlist are currently undervalued based on dividend yield theory.

High Yield Stock Watchlist - December 2021

LAS VEGAS, Nov. 17, 2021 /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, 2022 Of Record February 15, 2022 Dividend $0.595 per share The dividend equates to $2.38 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

Southwest Gas Holdings Declares First Quarter 2022 Dividend

LAS VEGAS, Nov. 17, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act"), as amended, expired at 11:59 p.m. EST on November 15, 2021 in connection with the Company's pending acquisition of 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).

Southwest Gas Holdings Announces Expiration of Hart-Scott-Rodino Waiting Period For Questar Pipelines Acquisition

Andrew Teno and Jesse Lynn, the only two IEP-related nominees on the slate, stated: “We were tasked with scouring the country for the best and brightest individuals to help repair the strained relationships that Southwest Gas currently has with regulators, ratepayers, stockholders and seemingly all of its other constituents. We additionally sought to include on our team a number of seasoned veterans who would be able to meaningfully reduce the egregious SG&A that has increased an amazing 42% during John Hester's reign.

Carl Icahn Releases Proxy Slate of Directors for Southwest Gas

Sunny Isles Beach, Florida, November 9, 2021 — Today, Carl C. Icahn released the following open letter to the stockholders of Southwest Gas Holdings, Inc. ( SWX , Financial).

Icahn Pens Yet Another Letter to Southwest Gas Shareholders

Southwest Gas (SWX) posts worse-than-expected third-quarter earnings but revenues outpace analyst expectations.

Southwest Gas' (SWX) Q3 Earnings Miss Mark, Revenues Rise Y/Y

Southwest Airlines

Southwest Gas Holdings Inc. (SWX) CEO John Hester on Q3 2021 Results - Earnings Call Transcript

Southwest Gas (SWX) delivered earnings and revenue surprises of -70.59% and 9.07%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Southwest Gas (SWX) Misses Q3 Earnings Estimates

LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) (the "Company") today announced the appointment of E. Renae Conley, Chief Executive Officer of ER Solutions, LLC, and Carlos A.

Southwest Gas Holdings Announces Board Refreshment

LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) reported a consolidated loss of $0.19 per diluted share and adjusted consolidated earnings of $0.05 per diluted share for the third quarter of 2021, compared to consolidated and adjusted consolidated earnings of $0.32 per diluted share for the third quarter of 2020. Consolidated net loss and adjusted net income were $11.6 million and $3.1 million, respectively, for the third quarter of 2021, compared to consolidated net income and adjusted consolidated net income of $18.3 million for the third quarter of 2020.

Southwest Gas Holdings, Inc. Reports Third Quarter 2021 Results

Sunny Isles Beach, Florida, November 2, 2021 — Today, Carl C. Icahn released the following open letter to the stockholders of Southwest Gas Holdings, Inc. ( SWX , Financial).

Carl Icahn Pens Yet Another Letter to Southwest Gas Shareholders

Famed activist investor Carl Icahn is showing interest in Southwest Gas. Along with the interest comes some criticism aimed at management.

Southwest Gas: Icahn Takeover Rumblings

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.

News for Southwest Gas Hlds Stock (SWX)