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Southwest Gas Holdings Inc - SWX STOCK NEWS

Welcome to our dedicated news page for Southwest Gas Holdings (Ticker: SWX), a resource for investors and traders seeking the latest updates and insights on Southwest Gas Holdings.

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 Southwest Gas Holdings'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 Southwest Gas Holdings's position in the market.

News
Southwest Gas Holdings, Inc. to Report First Quarter 2024 Results on May 8, 2024
Rhea-AI Summary
Southwest Gas Holdings, Inc. (NYSE: SWX) will report its 2024 first-quarter results on May 8, 2024. The company will host an earnings conference call at 11:00 AM ET on the same day to discuss the results, potentially sharing additional business and financial information. The conference call will be webcast live on the company's website. Investors can access the call through various channels and also listen to a digital replay until May 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
conferences earnings
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News
Southwest Gas Holdings Announces Release of 2023 Sustainability Report
Rhea-AI Summary
Southwest Gas Holdings, Inc. releases its 2023 Sustainability Report, showcasing achievements in environmental, social, and governance issues. The report highlights efforts to reduce emissions, enhance safety, support communities, and promote sustainability. Key highlights include carbon dioxide emission reductions, safety performance improvements, community support initiatives, and customer satisfaction recognition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
-
News
Southwest Gas Announces Closing of Centuri Initial Public Offering
Rhea-AI Summary
Southwest Gas Holdings, Inc. announced the closing of Centuri Holdings, Inc.'s initial public offering of 14,260,000 shares at $21.00 per share. Additionally, investment entities affiliated with Carl C. Icahn purchased 2,591,929 shares in a concurrent private placement. UBS Investment Bank, BofA Securities, and J.P. Morgan acted as lead book-running managers for the IPO. The offering was made through a prospectus filed with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
IPO offering
News
Southwest Gas and Centuri Announce Pricing of Centuri Initial Public Offering and Concurrent Private Placement
Rhea-AI Summary
Southwest Gas and Centuri announced the pricing of Centuri's initial public offering (IPO) of 12,400,000 shares at $21.00 per share. The IPO includes a 30-day option for additional shares. Icahn Partners will purchase 2,591,929 shares in a concurrent private placement. The net proceeds are expected to be approximately $292.6 million, with plans to repay debts and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
IPO offering
-
News
Southwest Gas Announces Launch of Centuri Initial Public Offering Roadshow
Rhea-AI Summary
Southwest Gas Holdings, Inc. announces the launch of an IPO by its subsidiary Centuri Holdings, Inc. for 12.4 million shares with an option for an additional 1.86 million shares. The IPO price is expected to be between $18.00 and $21.00 per share, with plans to list on NYSE under the ticker symbol 'CTRI'. Southwest Gas will retain majority ownership post-IPO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
IPO offering
-
News
Southwest Gas Announces that Centuri Files Public Registration Statement
Rhea-AI Summary
Southwest Gas Holdings, Inc. plans to list its subsidiary, Centuri Group, on the NYSE under the ticker symbol 'CTRI' through an initial public offering. The offering details are yet to be finalized, with major investment banks involved in the process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
none
News
Southwest Gas Holdings, Inc. Reports Fourth Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Southwest Gas Holdings, Inc. reports strong financial performance with improved Utility ROE, Centuri revenue growth, and successful progress towards Centuri's separation plan. Consolidated net income for Q4 2023 was $72.9 million, compared to a loss in Q4 2022. Full-year consolidated net income for 2023 was $150.9 million, a significant improvement over 2022. Southwest Gas Corporation saw a 220 basis point increase in utility ROE and exceeded adjusted net income expectations. Centuri Group, Inc. achieved a 24% increase in adjusted EBITDA in 2023. The company is on track to separate Centuri into an independent utility infrastructure services company, aiming to enhance shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.26%
Tags
earnings
-
News
Southwest Gas Holdings, Inc. to Report Fourth Quarter 2023 Results on February 28, 2024
Rhea-AI Summary
Southwest Gas Holdings, Inc. will report its 2023 fourth quarter and twelve months financial results on February 28, 2024. An earnings conference call will be held to discuss the results, including business and financial information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.26%
Tags
conferences earnings
-
News
Southwest Gas Holdings Declares Second Quarter 2024 Dividend
Rhea-AI Summary
Southwest Gas Holdings, Inc. (SWX) declares a second quarter cash dividend of $0.62 per share, totaling $2.48 per share annually. The company has a long history of paying quarterly dividends since 1956.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
dividends earnings
News
Southwest Gas Holdings, Inc. to Report Fourth Quarter 2023 Results on February 28, 2024
Rhea-AI Summary
Southwest Gas Holdings, Inc. will report its 2023 fourth quarter and twelve months financial results on February 28, 2024. The Company will host an earnings conference call to discuss the results, including business and financial information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
Tags
conferences earnings
Stock SWX logo
Southwest Gas Holdings Inc

NYSE:SWX

SWX Rankings

#1150 Ranked by Market Cap
#3446 Ranked by Stock Gains
#1049 Ranked by Dividends

SWX Stock Data

5.22B
66.45M
0.43%
94.07%
3.48%
Fossil Fuel Electric Power Generation
Utilities
Link
United States
Las Vegas

About SWX

southwest gas holdings, inc., through its subsidiaries, purchases, distributes, and transports natural gas in arizona, nevada, and california. the company operates in two segments, natural gas operations and utility infrastructure services. as of december 31, 2019, it had 2,081,000 residential, commercial, industrial, and other natural gas customers. the company also provides trenching and installation, replacement, and maintenance services for energy distribution systems; and industrial construction solutions. southwest gas holdings, inc. was founded in 1931 and is headquartered in las vegas, nevada.