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SWX

Southwest Gas Holdings, Inc.

https://www.swgasholdings.com

Industry

Regulated Gas

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

Open

75.06

Mkt cap

5.5B

Volume

354K

High

76.59

P/E Ratio

27.61

52-wk high

80.29

Low

75.06

Div yield

0.03

52-wk low

64.31

Southwest Gas Holdings, Inc. (SWX) held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included executives and analysts from J.P. Morgan and Citi.

Portfolio Pulse from

November 06, 2024 | 6:30 pm

Southwest Gas (SWX) reported third-quarter earnings that surpassed estimates, despite a 7.7% year-over-year decline in revenues. The company's long-term capital expenditure plan is contributing positively to earnings.

Portfolio Pulse from

November 06, 2024 | 6:00 pm

Southwest Gas (SWX) reported Q3 earnings of $0.09 per share, surpassing the Zacks Consensus Estimate of $0.07 per share, but slightly down from $0.10 per share a year ago.

Portfolio Pulse from

November 06, 2024 | 3:30 pm

Southwest Gas Holdings, Inc. reported its third quarter 2024 financial results, showing a slight increase in utility earnings with a 9% year-to-date growth. The company expects its utility net income to be within the top half of its guidance range. Southwest Gas is also advancing rate cases in California, Arizona, and Nevada.

Portfolio Pulse from

November 06, 2024 | 1:15 pm

Southwest Gas Holdings, Inc. (NYSE:SWX) and Carl Icahn have amended their cooperation agreement, allowing Icahn's designees to participate in board committees. The agreement includes standstill restrictions and plans to nominate Icahn's designees for the 2025 annual meeting. SWX shares are trading above their 50-day moving average and nearing a 52-week high.

Portfolio Pulse from Erica Kollmann

October 15, 2024 | 10:07 pm

Southwest Gas Holdings and Carl Icahn have amended their cooperation agreement, which includes standstill restrictions on the Icahn Group. The company will nominate four Icahn designees for the 2025 annual meeting of stockholders.