STOCK TITAN

Northwest Natural Holding Company - NWN STOCK NEWS

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

Northwest Natural Holding Company (NYSE: NWN), headquartered in Portland, Oregon, serves as the largest independent natural gas utility in the Pacific Northwest. With a robust network, the company provides reliable natural gas service to approximately 700,000 residential, commercial, and industrial customers in Oregon and southwest Washington. Founded on a commitment to delivering safe and efficient energy, NW Natural focuses on the distribution and purchase of natural gas through its primary subsidiary, NW Natural.

NW Natural's operations are strategically centered around its natural gas distribution segment. This segment is essential in ensuring the seamless purchase and distribution of natural gas, primarily catering to the substantial demand in Oregon and southwest Washington. The company's diverse customer base predominantly includes residential and commercial sectors, which significantly contribute to its revenue and profitability.

Recent achievements highlight NW Natural's dedication to innovation and sustainability. The company has embarked on several projects aimed at enhancing energy efficiency and reducing carbon emissions. Their commitment to environmental stewardship is evident through investments in renewable natural gas and cutting-edge technologies designed to optimize operational performance.

Financially, NW Natural maintains a solid standing with consistent revenue generation primarily driven by its residential and commercial customers. The company's strategic partnerships and customer-centric approach further bolster its market position, ensuring stable growth and long-term value creation for shareholders.

NW Natural continues to prioritize safety, reliability, and customer satisfaction. The company's forward-looking projects and initiatives are designed to meet the evolving energy needs of its customers while adhering to stringent regulatory standards. Stay updated on the latest developments, financial performance, and strategic initiatives of NW Natural by visiting www.nwnatural.com.

Rhea-AI Summary

The latest polling conducted for NW Natural by DHM Research shows that 72% of voters oppose banning natural gas for new homes and buildings, with an increase of 9 percentage points since 2019. The poll also indicates that 81% of respondents believe both electricity and natural gas are essential for reliable energy supply. NW Natural's report highlights the importance of dual energy systems during the winter storm in January 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none
-
Rhea-AI Summary

Northwest Natural Holding Company (NYSE: NWN) reported net income of $63.8 million ($1.69 per share) for Q1 2024, compared to $71.7 million ($2.01 per share) in Q1 2023. NW Natural Holdings added 15,000 gas and water connections, credited Oregon gas customers $30 million, achieved record gas delivery during a winter storm, and was honored as one of the World's Most Ethical Companies® by Ethisphere. The company reaffirmed its 2024 earnings guidance of $2.20 to $2.40 per share and a long-term EPS growth rate of 4% to 6% from 2022 to 2027.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
-
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
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
News
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
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends
-
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%
Tags
none
-
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%
Tags
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%
Tags
none
-
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%
Tags
-
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%
Tags
dividends
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%
Tags
none

FAQ

What is the current stock price of Northwest Natural Holding Company (NWN)?

The current stock price of Northwest Natural Holding Company (NWN) is $39 as of October 10, 2024.

What is the market cap of Northwest Natural Holding Company (NWN)?

The market cap of Northwest Natural Holding Company (NWN) is approximately 1.5B.

What services does NW Natural provide?

NW Natural provides natural gas service to residential, commercial, and industrial customers in Oregon and southwest Washington.

Where is Northwest Natural Holding Company headquartered?

Northwest Natural Holding Company is headquartered in Portland, Oregon.

How many customers does NW Natural serve?

NW Natural serves approximately 700,000 customers.

What is the primary business segment of NW Natural?

The primary business segment of NW Natural is natural gas distribution.

In which regions does NW Natural operate?

NW Natural operates in Oregon and southwest Washington.

How does NW Natural generate its revenue?

NW Natural generates revenue from residential, commercial, and industrial customers, with the majority coming from the residential and commercial sectors.

What are some recent projects of NW Natural?

Recent projects include initiatives to enhance energy efficiency, reduce carbon emissions, and investments in renewable natural gas.

What is the significance of NW Natural in the Pacific Northwest?

NW Natural is the largest independent natural gas utility in the Pacific Northwest, playing a crucial role in providing energy to the region.

How does NW Natural ensure safety and reliability?

NW Natural prioritizes safety and reliability through stringent regulatory compliance, cutting-edge technologies, and a customer-centric approach.

Where can I find more information about NW Natural?

More information about NW Natural can be found on their website at www.nwnatural.com.

Northwest Natural Holding Company

NYSE:NWN

NWN Rankings

NWN Stock Data

1.51B
38.67M
0.89%
79.04%
1.55%
Utilities - Regulated Gas
Natural Gas Distribution
Link
United States of America
PORTLAND