Welcome to our dedicated page for Southwest Gas Ho news (Ticker: SWX), a resource for investors and traders seeking the latest updates and insights on Southwest Gas Ho stock.
Southwest Gas Holdings, Inc. (SWX) provides natural gas distribution and utility infrastructure services across Arizona, Nevada, and California. This news hub offers investors and stakeholders direct access to the company's official communications and market-relevant developments.
Track SWX's operational updates through earnings reports, regulatory filings, and infrastructure project announcements. Our curated collection includes press releases detailing rate case outcomes, safety initiatives, and strategic moves like the Centuri subsidiary separation. All content is verified at source to ensure accuracy in this regulated utility environment.
Users will find updates organized by key operational categories: natural gas distribution service expansions, utility infrastructure project awards, and regulatory compliance milestones. The repository serves as a historical record of management decisions impacting long-term service territories.
Bookmark this page for streamlined monitoring of SWX's financial performance and industry positioning. Combine regular checks with regulatory filings for complete analysis of this essential service provider's market trajectory.
The Natural Gas Distribution segment saw an 8.2% return on equity over the last twelve months, with a notable $80.2 million annual revenue increase approved in Arizona, including an increased allowed ROE of 9.84%. Customer growth remained strong with approximately 40,000 new meter sets added, representing a 1.8% growth rate.
The company maintains strong liquidity with $406 million cash on hand and over $1.0 billion in available liquidity. Southwest Gas reaffirmed its 2025 guidance, projecting net income of $265-275 million and capital expenditures of ~$880 million. The company remains committed to fully separating its Centuri utility infrastructure services business to become a pure-play utility.
Southwest Gas Holdings (NYSE: SWX) has rescheduled its Q1 2025 earnings release and conference call from May 7 to May 12, 2025, at 11:00 AM ET. The company has affirmed its financial guidance for Southwest Gas Corporation, projecting 2025 net income between $265-$275 million and capital expenditures of approximately $880 million for customer growth and system improvements.
The company maintains its 2025-2029 outlook with projected adjusted net income CAGR of 6.0-8.0%, total capital expenditures of $4.3 billion, and rate base CAGR of 6.0-8.0%. Southwest Gas Holdings also noted it owns approximately 81% of Centuri Holdings, which separately affirmed its 2025 outlook.
Southwest Gas Holdings (NYSE: SWX) has announced the election of Brian E. Sandoval to its Board of Directors. Sandoval, currently serving as President of the University of Nevada, Reno, brings significant legal, regulatory, and corporate leadership experience to the company. His extensive background includes serving as Nevada's Governor (2011-2019), federal judge, Nevada Attorney General, and Chairman of the Nevada Gaming Commission.
The appointment aligns with Southwest Gas's strategy of transforming into a premier, fully regulated natural gas utility. Board Chair E. Renae Conley highlighted Sandoval's deep ties to the southwest region and proven leadership as valuable assets for the company's future growth and service excellence initiatives.
Southwest Gas Holdings has announced its third quarter 2025 dividend payment. The company's Board of Directors declared a quarterly cash dividend of $0.62 per share, payable on September 2, 2025, to stockholders of record as of August 15, 2025.
The dividend translates to an annualized rate of $2.48 per share. Southwest Gas has maintained an impressive track record of continuous quarterly dividend payments since its public listing in 1956.
Based in Las Vegas, Nevada, Southwest Gas serves over 2 million customers across Arizona, Nevada, and California through its main subsidiary Southwest Gas Corporation. The company focuses on natural gas distribution and transportation while pursuing sustainable energy solutions. Additionally, it holds a majority stake in Centuri Holdings, which provides utility infrastructure services throughout North America.
Southwest Gas Holdings (NYSE: SWX) has announced it will release its first quarter 2025 financial results before markets open on May 7, 2025. The company will host an earnings conference call and webcast on the same day at 11:00 AM ET.
Investors can access the live webcast through the company's website at www.swgasholdings.com. For those unable to attend the live event, a digital replay will be available by dialing (888) 660-6345 (US) or (646) 517-4150 (International) with replay code 98626#. The replay will be accessible until 4:30 PM ET on May 14, 2025.
Southwest Gas Holdings (NYSE: SWX) reported strong financial results for Q4 and full-year 2024. The company achieved consolidated net income of $92.5M ($1.28 per share) in Q4 and $198.8M ($2.76 per share) for the full year. The utility segment delivered an 8.1% ROE and approximately 8% year-over-year earnings growth.
Key highlights include:
- Utility net income grew to $261.2M in 2024 from $242.2M in 2023
- Added 41,000 new meter sets (1.8% growth rate)
- Achieved full-year utility gross margin of $0.7B and record annual operating margin of $1.3B
- Completed Centuri Holdings IPO in April 2024
- Maintained flat O&M expenses per customer year-over-year
- Invested $859M in capital expenditures, up ~15% from 2023
The company secured regulatory approvals including a $59M annual revenue increase in Nevada with 9.5% ROE. Additional rate cases are pending in Arizona ($126M), Great Basin (~$13M), and California (~$50M).
Southwest Gas Holdings (NYSE: SWX) has announced its second quarter 2025 dividend declaration. The company will pay a dividend of $0.62 per share on June 2, 2025, to shareholders of record as of May 15, 2025. This dividend translates to $2.48 per share on an annualized basis.
The company has maintained an uninterrupted record of quarterly dividend payments since its public listing in 1956. Southwest Gas serves over 2 million residential, commercial, and industrial customers across Arizona, Nevada, and California through its primary subsidiary Southwest Gas The company is also the majority owner of Centuri Holdings, which provides utility infrastructure services across North America.
Southwest Gas Holdings (NYSE: SWX) has announced it will release its fourth quarter and year end 2024 financial results on February 26, 2025, before market open. The company will host an earnings conference call and webcast on the same day at 11:00 AM ET.
Investors can access the live webcast through the company's website at www.swgasholdings.com. For those participating via phone, the domestic call-in number is (800) 836-8184, while international participants can dial (646) 357-8785.
A digital replay will be available for those unable to attend the live event. The replay can be accessed by calling (888) 660-6345 (domestic) or (646) 517-4150 (international) using replay code 72782#. The replay will remain accessible until 4:30 PM ET on March 5, 2025. Additionally, the webcast will be archived on the company's website.
Southwest Gas Holdings (NYSE: SWX) has announced its first quarter 2025 dividend of $0.62 per share, payable March 3, 2025, to shareholders of record as of February 18, 2025. This dividend represents an annualized rate of $2.48 per share. The company has maintained a consistent record of quarterly dividend payments since its public listing in 1956. Southwest Gas serves over 2 million customers across Arizona, Nevada, and California, providing natural gas distribution and transportation services.
Southwest Gas Holdings reported Q3 2024 consolidated net income of $0.3M ($0.00 per diluted share) and adjusted net income of $6.8M ($0.09 per diluted share), compared to $3.2M ($0.04 per share) and $12.6M ($0.17 per share) in Q3 2023. The utility segment showed improvement with $0.6M net income versus a $3.3M loss last year. Key highlights include strong utility performance with 9% year-to-date earnings growth, filing of California rate case, advancement of Arizona rate case, and margin improvements from Nevada rate case. The company has over $450M in cash and expects no equity issuance in 2024, with capital needs through 2025.
FAQ
What is the current stock price of Southwest Gas Ho (SWX)?
What is the market cap of Southwest Gas Ho (SWX)?
