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.
NW Natural (NWN) provides regulated natural gas distribution services to residential, commercial, and industrial customers across the Pacific Northwest. This dedicated news hub offers investors and industry professionals timely access to official announcements, strategic developments, and operational updates from the utility provider.
Track critical information through verified press releases covering earnings reports, regulatory filings, and infrastructure investments. Our curated collection simplifies monitoring of NW Natural's compliance with energy standards, service expansions, and market positioning within the evolving natural gas sector.
Key updates include details on rate adjustments approved by public utility commissions, pipeline safety initiatives, and sustainability programs aligned with regional energy goals. The page serves as a centralized resource for understanding NW Natural's operational decisions and their impact on customers and stakeholders.
Bookmark this page for direct access to primary source materials and objective reporting on NW Natural's activities. Check regularly for new content that supports informed analysis of this essential utility provider's performance and strategic direction.
Northwest Natural Holding Company (NYSE: NWN) reported a net income of $1.7 million ($0.05 per share) for Q2 2022, reversing a net loss of $0.7 million in Q2 2021. Year-to-date, net income is $58.0 million ($1.77 per share), down from $58.8 million in 2021. The company increased its customer base by 1.3% and is progressing on hydrogen projects and general rate case settlements. Earnings guidance for 2022 remains at $2.45 to $2.65 per share, with a long-term growth target of 4% to 6% annually. A quarterly dividend of 48.25 cents per share is declared.
NW Natural, based in Portland, Oregon, announced a partnership with Modern Electron to produce clean hydrogen from natural gas using innovative concurrent combustion methane pyrolysis. This groundbreaking process aims to decarbonize energy delivery while generating solid carbon, which can be transformed into other products. The pilot project is slated to begin in early 2023, aligning with NW Natural's commitment to achieving carbon neutrality. The initiative is expected to enhance energy generation efficiency and support environmental sustainability.
Northwest Natural Holding Company (NYSE: NWN) will release its second quarter and year-to-date earnings on August 4, 2022, at 8 a.m. PT. A conference call and webcast will follow to discuss the results. Investors can participate via NW Natural Holdings’ corporate website or by phone. The company serves approximately 2.5 million people in Oregon and Southwest Washington through over 785,000 meters. NW Natural is known for high customer satisfaction and operates 21 Bcf of underground gas storage capacity.
The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.25 cents per share, payable on August 15, 2022, to shareholders of record on July 29, 2022. The indicated annual dividend rate is $1.93 per share. NW Natural provides natural gas to approximately 2.5 million people across Oregon and Southwest Washington and has over 785,000 meters in service. The company also offers water distribution and wastewater services, serving nearly 150,000 people across five states.
NW Natural Water Company, a subsidiary of Northwest Natural Holding Company (NYSE: NWN), announced two agreements to acquire Northwest Water Services and Aquarius Utilities in Washington. These acquisitions will enhance service to approximately 1,400 connections and expand NW Natural Water's reach in the Puget Sound region. Subject to regulatory approval, the deals aim to improve customer service and further solidify NW Natural Water's presence, bringing its total connections to approximately 61,000 across five states, serving nearly 150,000 people.
Northwest Natural Holding Company (NWN) reported a net income of $1.80 per share for Q1 2022, down from $1.94 in Q1 2021, reflecting a $3.3 million decrease in year-to-date net income. Over the past year, the company added 10,800 natural gas meters, achieving a 1.4% growth rate. Key initiatives include the operation of its first renewable natural gas (RNG) facility and ongoing investments in water utilities in Texas. The company reaffirmed its 2022 earnings guidance of $2.45 to $2.65 per share and declared a dividend of 48.25 cents per share.
Northwest Natural Holding Company (NYSE: NWN) will release its Q1 2022 earnings on May 4, 2022, at 8 a.m. PT via conference call and webcast. Interested investors can access the call through the company's website or dial in using specific numbers for the U.S. and Canada. The company, which has been operational for over 160 years, serves 2.5 million people and has a robust distribution network across Oregon and Southwest Washington.
The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) declared a quarterly dividend of 48.25 cents per share, to be paid on May 13, 2022, to shareholders of record on April 29, 2022. The company's indicated annual dividend rate stands at $1.93 per share. With over 160 years in operation, Northwest Natural services approximately 2.5 million people in Oregon and Southwest Washington, operating the most modern pipeline systems and boasting strong customer satisfaction ratings.
Northwest Natural Holding Company (NYSE: NWN) has announced the pricing of a public offering of 2,500,000 shares of its common stock at $50.00 per share. The company has granted underwriters a 30-day option to purchase up to 375,000 additional shares. The offering is expected to close on April 1, 2022, subject to customary conditions. Proceeds will be used for general corporate purposes, including repayment of short-term debt and equity contributions to subsidiaries NW Natural and NW Natural Water. Major underwriters include Wells Fargo Securities and J.P. Morgan.
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