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.
Southwest Gas Holdings, Inc. (NYSE: SWX) has declared a cash dividend of $0.595 per share for the first quarter of 2022, payable on March 1, 2022. Shareholders on record as of February 15, 2022 will receive the dividend. This annualizes to $2.38 per share, reflecting the company's commitment to returning value, having paid quarterly dividends since 1956. The company operates through two segments: Southwest Gas Corporation, serving over two million customers in Arizona, Nevada, and California, and Centuri Group, Inc., offering utility infrastructure services.
Southwest Gas Holdings has announced the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period, which allows the company to proceed with its acquisition of Dominion Energy Questar Pipeline and its affiliates. This acquisition is expected to close on or before December 31, 2021, pending other customary closing conditions. The transaction will enhance Southwest Gas's capabilities in natural gas distribution and infrastructure services across North America, and is anticipated to provide significant operational synergies.
Southwest Gas Holdings, Inc. (NYSE: SWX) confirmed Icahn Enterprises LP's intent to nominate 10 candidates for the Board of Directors at the 2022 Annual Meeting. The Board rejected Icahn's unsolicited tender offer of $75.00 per share, calling it inadequate and self-serving. Southwest Gas emphasizes its commitment to value creation, highlighting the strategic Questar Pipelines acquisition and growth in its Centuri subsidiary. Recently, the Board appointed two new independent directors, enhancing its governance ahead of the upcoming meeting.
Southwest Gas Holdings (NYSE: SWX) announced the appointment of E. Renae Conley and Carlos A. Ruisanchez to its Board of Directors, effective January 1, 2022. This decision follows the retirement of board members Michael J. Melarkey and Stephen C. Comer during the 2022 Annual Meeting. The new appointees bring over 50 years of combined experience in the energy sector, aiming to enhance the company's operational and financial oversight. Robert L. Boughner will assume the Chair position at the upcoming meeting, ensuring a capable leadership transition.
Southwest Gas Holdings (NYSE: SWX) reported a consolidated loss of $0.19 per diluted share for Q3 2021, a decline from earnings of $0.32 per share in Q3 2020. The net loss reached $11.6 million, while adjusted net income was $3.1 million. The natural gas segment saw a net loss of $27.5 million, while utility infrastructure services generated net income of $18.5 million, down from $34.9 million in Q3 2020. The company’s outlook suggests potential growth in earnings for 2022 driven by new acquisitions and market demand in service territories across Arizona, Nevada, and California.
Southwest Gas Holdings, Inc. (NYSE: SWX) is set to hold a conference call on November 9, 2021, to discuss its 2021 third quarter and twelve-month results. The call will occur after the release of the company’s earnings results on the same day. Investors can participate via a live webcast on the company's website or by phone. The call starts at 1:00 P.M. (ET), with a replay available after the call until November 16, 2021.
Southwest Gas Holdings, Inc. (SWX) will conduct a conference call on November 9, 2021, at 1:00 P.M. (ET) to discuss its 2021 third quarter and twelve-month results. The call follows the release of the earnings results set for the same day. Interested parties can join via a live webcast on the company's website or by phone at (877) 419-3678 for U.S. callers or (614) 610-1910 for international participants. For those unable to attend live, a digital replay will be available starting at 4:30 P.M. (ET) on November 9.
Southwest Gas Holdings (NYSE: SWX) announced that Icahn Enterprises LP has initiated an unsolicited tender offer to purchase all outstanding shares for $75.00 per share in cash. The Board of Directors is currently reviewing the offer to determine the best course of action for shareholders. A formal position regarding the tender will be disclosed within 10 business days through a Solicitation/Recommendation Statement. Shareholders are advised to refrain from taking any action until the Board's evaluation is complete.
Southwest Gas Holdings (NYSE: SWX) has responded to a letter from Carl Icahn, emphasizing its commitment to engage with shareholders. The Board will evaluate any possible tender offer from Icahn Enterprises with financial and legal advisors to protect stockholder interests. On October 10, 2021, the company implemented a short-term stockholder rights plan to deter unwanted control changes. Icahn's intention to nominate a full slate of directors for the 2022 Annual Meeting will be addressed by the company in due course.
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