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Northwest Natural Holding Co - NWN STOCK NEWS

Welcome to our dedicated news page for Northwest Natural Holding Co (Ticker: NWN), a resource for investors and traders seeking the latest updates and insights on Northwest Natural Holding Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Northwest Natural Holding Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Northwest Natural Holding Co's position in the market.

Rhea-AI Summary
Northwest Natural Holding Company (NWN) will release its first quarter and year-to-date 2024 earnings on May 6, 2024, followed by an analyst conference call and webcast. Investors can access the call via phone or webcast to review the financial results.
Rhea-AI Impact
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End-of-Day
0.17%
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Rhea-AI Summary
Northwest Natural Holding Company (NWN) announces a quarterly dividend of 48.75 cents per share, with an indicated annual dividend rate of $1.95 per share.
Rhea-AI Impact
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End-of-Day
0.17%
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dividends
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Rhea-AI Summary
NW Natural Holdings, an Oregon-based company, received the 2024 World’s Most Ethical Companies® recognition by Ethisphere for its commitment to business integrity. The company, with subsidiaries in natural gas distribution, water utilities, renewable fuels, and other sectors, has been recognized for three consecutive years. NW Natural Holdings is one of only eight honorees in the Energy & Utilities category, emphasizing its strong ethical practices and governance standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
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Rhea-AI Summary
Northwest Natural Holding Company (NYSE: NWN) reported net income of $93.9 million for 2023, invested $327.3 million in utility systems, added 15,000 utility connections, and ranked second in customer satisfaction. They filed for a $154.9 million revenue increase, signed an agreement for a renewable natural gas facility, reduced residential rates by 9%, and closed four water utility acquisitions. The company increased its dividend for the 68th consecutive year, initiated 2024 earnings guidance of $2.20 to $2.40 per share, and reaffirmed a long-term EPS growth target of 4-6% from 2022 to 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.83%
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Rhea-AI Summary
NW Natural Water, a subsidiary of Northwest Natural Holding Company, has expanded its water utility business through acquisitions in Oregon and Arizona, as well as increased ownership in Avion Water Company. The acquisitions include Hiland Water Corporation in Oregon, Truxton Canyon Water Company, and Cerbat Water Company in Arizona. NW Natural Water now serves nearly 175,000 people through approximately 70,000 connections across five states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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Rhea-AI Summary
Northwest Natural Holding Company (NYSE: NWN) will issue its Q4 and year-to-date 2023 earnings release on Feb. 23, 2024. The analyst conference call and webcast to review results will be held at 8 a.m. Pacific Time (11 a.m. Eastern Time). To join the call, visit ir.nwnaturalholdings.com or dial 1-833-470-1428 (US), 1-833-950-0062 (Canada), or 1-404-975-4839 (international) with access code 245162. The conference replay can be accessed by calling 1-866-813-9403 (US), 1-866-813-9403 (Canada), or +44-204-525-0658 (other locations) with access code 746841.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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News
Rhea-AI Summary
Northwest Natural Holding Company (NWN) has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock. The indicated annual dividend rate is $1.95 per share. The dividend will be paid on Feb. 15, 2024, to shareholders of record on Jan. 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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dividends
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Rhea-AI Summary
Anna Chittum has been promoted to president of NW Natural Renewables, a subsidiary of Northwest Natural Holding Company (NYSE:NWN). The company focuses on providing renewable natural gas (RNG) to various sectors. Chittum has a background in renewable energy and has successfully executed RNG and decarbonization strategies. She will be leading the team to pursue opportunities for NW Natural Renewables.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.25%
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Rhea-AI Summary
NW Natural (NWN) ranks second-highest in customer satisfaction among large utilities in the Western United States, according to J.D. Power’s Gas Utility Residential Customer Satisfaction Study. The Portland-based utility also finished first among West peers in safety and reliability, price, and corporate citizenship. NW Natural has consistently scored in the top two in the West for the past 20 years and placed in the top-10 nationally in the 2023 survey. The utility was recognized as one of the 2023 World’s Most Ethical Companies and a Cogent Syndicated 2023 Most Trusted Utility Brand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
Rhea-AI Summary
Northwest Natural Holding Company (NYSE: NWN) reported a net loss of $23.7 million ($0.65 per share) for Q3 2023, compared to a net loss of $19.6 million ($0.56 per share) in Q3 2022. However, they reported net income of $49.2 million ($1.37 per share) for the first nine months of 2023, compared to earnings of $38.4 million ($1.14 per share) for the same period in 2022. They added over 33,000 gas and water utility connections in the last 12 months, with a growth rate of 4.0% as of September 30, 2023. They invested over $240 million in utility systems in the first nine months of 2023 and received approval in Oregon and Washington for new rates related to NW Natural's Purchased Gas Adjustment mechanism. They closed several acquisitions, including a water utility in Phoenix, Arizona, and increased their dividend for the 68th consecutive year to an annual indicated dividend rate of $1.95 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
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Northwest Natural Holding Co

NYSE:NWN

NWN Rankings

NWN Stock Data

1.37B
37.32M
0.9%
78.9%
2.22%
Natural Gas Distribution
Utilities
Link
United States
Portland

About NWN

about nw natural nw natural (nyse:nwn) is headquartered in portland, ore., and provides natural gas service to about 700,000 residential, commercial, and industrial customers in oregon and southwest washington. it is the largest independent natural gas utility in the pacific northwest. additional information is available at www.nwnatural.com.