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.
On March 8, 2023, Southwest Gas Holdings (NYSE: SWX) announced the pricing of a public offering of 3,576,180 shares of common stock at $60.12 per share, aimed to raise approximately $207.7 million in net proceeds. The offering is set to close on March 10, 2023 and includes a 30-day option for underwriters to purchase an additional 536,427 shares. Proceeds will be used to repay borrowings from its credit facility related to the acquisition of MountainWest Pipelines, as well as for working capital and general corporate purposes.
On March 7, 2023, Southwest Gas Holdings, Inc. (NYSE: SWX) announced a public offering of $215 million in common stock, with an option for underwriters to purchase an additional $32.25 million within 30 days. The funds will be utilized to repay borrowings from its credit facility and a 364-day term loan from November 2021 related to the acquisition of MountainWest Pipelines. The company aims to support working capital and general corporate purposes. J.P. Morgan and BofA Securities are joint book-running managers for the offering, which is registered under a shelf registration statement filed with the SEC.
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