Welcome to our dedicated page for Northwest Natrl news (Ticker: NWN), a resource for investors and traders seeking the latest updates and insights on Northwest Natrl stock.
Northwest Natural Holding Company (NYSE: NWN) generates a steady flow of news as a regulated utility holding company with operations in natural gas distribution, water and wastewater services, and renewable fuels. Headquartered in Portland, Oregon and in business for more than 166 years, NW Natural Holdings reports developments across its gas utilities in Oregon, southwest Washington and Texas, its water utility operations in several western states, and its renewables platform.
On this NWN news page, readers can follow company announcements about quarterly and year-to-date financial results, earnings guidance, and segment performance for NWN Gas Utility, SiEnergy Gas Utility, NWN Water Utility and NWN Renewables. Recent releases have covered net income and adjusted net income trends, customer growth in gas and water connections, capital investment levels, and the impact of new rates from general rate cases on utility margins.
News items also highlight regulatory milestones, such as general rate case settlements and final orders from the Public Utility Commission of Oregon, multi-year rate case filings in Washington, and the effects of updated depreciation studies and rate base changes. In Texas, NW Natural Holdings has issued releases on acquisitions like Hughes Gas Resources, Inc., rebranded as Pines Holdings, which expand the SiEnergy gas utility footprint and contracted customer backlog.
Corporate governance, leadership and capital allocation are recurring themes. Company updates include appointments of new independent directors, executive leadership changes in roles such as General Counsel and Chief People Officer, amendments to corporate bylaws, and regular dividend declarations, including a long record of consecutive annual dividend increases. Financing activities, such as bond issuances at the utility level, may also be reflected in related communications.
Investors, analysts and other stakeholders can use this news feed to monitor how Northwest Natural Holding Company manages its regulated utilities, executes acquisitions, navigates rate proceedings and communicates its approach to safety, environmental stewardship and the energy transition. Bookmark this page to review the latest NWN press releases, earnings announcements and regulatory updates as they are issued.
NW Natural Holding Company (NYSE: NWN) released its second annual ESG Report, highlighting 2020 achievements in safety, carbon reduction, and community engagement. Key accomplishments include operating a modern gas system with low leak rates, safety inspections at nearly triple the regulatory rate, and a significant carbon dioxide equivalent reduction of over 379,000 metric tons. The company also focused on diversity, awarding $17 million in bill credits, and contributing nearly $1 million to community organizations. The report emphasizes the company's commitment to sustainable practices and community support.
Northwest Natural Holding Company (NYSE: NWN) will release its second quarter and year-to-date 2021 earnings on August 5, 2021, at 8 a.m. PT (11 a.m. ET). The company will host a conference call and webcast to discuss these results. NW Natural serves around 2.5 million people across Oregon and Southwest Washington and owns a modern pipeline system. It also provides water distribution and wastewater services through its NW Natural Water subsidiary, catering to approximately 63,000 people in the Pacific Northwest and Texas.
The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48 cents per share, marking an annual rate of $1.92. The payment is scheduled for August 13, 2021, to shareholders of record by July 30, 2021. With over 160 years of operation, NW Natural provides natural gas to approximately 2.5 million people across Oregon and Southwest Washington. The company also engages in water distribution through NW Natural Water, serving 63,000 individuals.
NW Natural announced early results from its truck loan program with Hyliion Holdings Corp, showcasing a CNG-electric hybrid truck's performance. The program involved Baker Rock Resources, Tillamook County Creamery Association, and CalPortland testing the new technology. Participants reported enhanced power, sustainability, and fuel efficiency, with Baker Rock planning to integrate this technology into their fleet. The CNG trucks demonstrated lower emissions and substantial operating cost savings, aligning with environmental goals while maintaining operational efficiency in real-world conditions.
Northwest Natural Holding Company (NYSE: NWN) reported Q1 2021 earnings of $1.94 per share, up from $1.58 in Q1 2020, primarily due to new rates in Oregon and customer growth. The company added over 11,000 natural gas meters, achieving a growth rate of 1.4%. Net income increased $11.2 million to $59.5 million. Despite higher depreciation and operational expenses, the company reaffirmed its 2021 earnings guidance of $2.40 to $2.60 per share. A dividend of $0.48 per share was declared, payable on May 14, 2021.
NW Natural Water Company has successfully closed two acquisitions: Morning View Water Company and Del Bay Association. Additionally, three more agreements have been signed to acquire utilities in Idaho, Texas, and Washington. Following these acquisitions, NW Natural Water aims to serve approximately 65,000 customers through over 27,000 connections, with a cumulative investment of around $111 million in the water sector. The company emphasizes its commitment to disciplined growth and enhanced customer service while pursuing further growth opportunities across the U.S.
Northwest Natural Holding Company (NYSE: NWN) is set to release its first quarter 2021 earnings on May 5, 2021, at 8 a.m. PT. The company will host an analyst conference call to discuss the results. NW Natural Holdings, based in Portland, Oregon, serves approximately 2.5 million customers via its natural gas service and owns a modern pipeline system. Additionally, NW Natural Water operates to provide water services to around 63,000 customers across multiple states. Further details can be found on their corporate website.
The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has announced a quarterly dividend of 48 cents per share, payable on May 14, 2021, to shareholders of record as of April 30, 2021. This dividend sets an indicated annual rate of $1.92 per share. NW Natural, serving approximately 2.5 million customers in Oregon and Southwest Washington, has a reputation for high customer satisfaction and owns significant underground gas storage capacity.
Northwest Natural Holdings (NYSE: NWN) reported net income of $2.30 per share for 2020, an increase from $2.19 per share in 2019. The fourth quarter saw net income rise to $1.50 per share from $1.26 year-over-year. Customer growth reached 1.5%, with 11,600 new natural gas meters added. Key investments included $273 million in utility systems and a $45.1 million annual pre-tax earnings benefit from a recent Oregon rate case. The company also announced a dividend increase, marking 65 consecutive years of growth, and initiated 2021 earnings guidance of $2.40 to $2.60 per share.
Northwest Natural Holding Company (NYSE: NWN) will release its fourth quarter and full year 2020 earnings on February 26, 2021, at 8 a.m. PT (11 a.m. ET). The company will host an analyst conference call and webcast to discuss the results. NW Natural provides natural gas service to approximately 2.5 million customers across Oregon and Southwest Washington, boasting one of the most modern pipeline systems in the U.S. Additionally, it offers water distribution services to around 65,000 people. Detailed information can be accessed through their corporate website.