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.
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.
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