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Southwest Gas Holdings, Inc. Reports First Quarter 2025 Financial Results, Reaffirms Guidance
Prnewswire· 2025-05-12 12:00
Delivers a Last-Twelve-Months' Utility ROE of 8.2% and Earnings Growth of 5.2% over 1Q 2024 Receives ~$80.2 Million Annual Revenue Increase from Completed Arizona Rate Case LAS VEGAS, May 12, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its first quarter ended March 31, 2025. This earnings press release should be read in conjunction with the Form 10-Q and earnings slides, which are concurrently being posted at www.swgasholdi ...
Southwest Gas Holdings, Inc. Reschedules First Quarter 2025 Earnings Release and Conference Call; Affirms Southwest Gas Corporation Guidance and Outlook
Prnewswire· 2025-05-06 22:00
Core Viewpoint - Southwest Gas Holdings, Inc. has rescheduled its financial results release and conference call for the first quarter of fiscal year 2025 to May 12, 2025, from the previously scheduled date of May 7, 2025 [1]. Financial Guidance and Outlook - The company affirms its full year 2025 net income guidance to be between $265 million and $275 million [4]. - Capital expenditures for 2025 are estimated to be approximately $880 million, aimed at customer growth, system improvements, and pipe replacement programs [4]. - The compound annual growth rate (CAGR) for adjusted net income from 2025 to 2029 is projected to be between 6.0% and 8.0% [4]. - Total capital expenditures from 2025 to 2029 are expected to reach $4.3 billion [4]. - The rate base CAGR for the same period (2025-2029) is also projected to be between 6.0% and 8.0% [4]. Company Overview - Southwest Gas Holdings, Inc. operates through its subsidiary, Southwest Gas Corporation, which is involved in the purchasing, distributing, and transporting of natural gas [6]. - The company serves over 2 million customers across Arizona, Nevada, and California, focusing on safe and reliable service while promoting sustainable energy solutions [6]. - Southwest Gas Holdings is the majority owner of Centuri Holdings, Inc., which provides utility infrastructure services across North America [6][5].
Southwest Gas (SWX) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-05-01 17:00
Southwest Gas (SWX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Sinc ...
Brian E. Sandoval, President of University of Nevada, Reno and Former Nevada Governor, Joins the Board of Directors for Southwest Gas Holdings
Prnewswire· 2025-05-01 16:05
LAS VEGAS, May 1, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") is pleased to announce the election of Brian E. Sandoval to its Board of Directors at the Company's annual meeting earlier today. Brian E. Sandoval With a distinguished career in public service and governance, Sandoval brings extensive legal, regulatory, and corporate leadership experience to help guide the Company as it continues its focus on delivering long-term growth and value to stock ...
Southwest Gas Holdings, Inc. to Report First Quarter 2025 Results on May 7, 2025
Prnewswire· 2025-04-23 20:30
Group 1 - The company, Southwest Gas Holdings, Inc., will host its first quarter earnings conference call on May 7, 2025, at 11:00 AM ET [1] - A news release will be issued before the markets open on the same day [1] - The conference call will be available for live streaming on the company's website [1] Group 2 - The telephone number for the conference call is (800) 836-8184, with an international number of (646) 357-8785 [2] - A digital replay of the call will be accessible starting one hour after the call ends, available until 4:30 PM ET on May 14, 2025 [2] - The replay can be accessed by dialing (888) 660-6345 or internationally at (646) 517-4150, with a replay code of 98626 [2]
Here's Why Southwest Gas (SWX) is a Strong Value Stock
ZACKS· 2025-04-21 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Is Southwest Gas (SWX) Outperforming Other Utilities Stocks This Year?
ZACKS· 2025-04-17 14:45
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Southwest Gas (SWX) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.Southwest Gas is a member of the Utilities sector. This group includes 106 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 diff ...
SWX or CPK: Which Is a Better Utility Gas Distribution Stock?
ZACKS· 2025-04-14 10:55
Natural gas distribution pipelines play a vital role in delivering natural gas from intrastate and interstate transmission pipelines to consumers through small-diameter pipelines. The natural gas network in the United States has nearly 3 million mainline and other pipelines. The country has witnessed a rise in domestic natural gas production due to increased exports and public awareness of lower emissions. The need for additional distribution pipes is expected to increase as demand for natural gas from vari ...
Southwest Gas: Attractive Valuation And Insulation From Market Carnage (Upgrade)
Seeking Alpha· 2025-04-07 18:59
At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as well as far more in-depth research than we make available to everybody. In addition, all subscribers can read any of my work without a subscription to Seeking Alpha Premium!He is the leader of the i ...
4 Utility Stocks to Play Safe as Markets Brace for Black Monday
ZACKS· 2025-04-07 14:46
Market Overview - Wall Street is anticipating a challenging start to the week, with fears of a repeat of the 1987 Black Monday, which saw a 22.6% market plunge [5][6] - Major indexes, including Dow, S&P 500, and Nasdaq, are expected to open 6% lower, potentially making last week's $6.6 trillion losses appear minor [6] Economic Impact - President Trump's recent tariffs have caused global market turmoil, leading to uncertainty among investors regarding future market reactions [6][7] - Trump stated he would not engage in trade deals until trade deficits are addressed, which may prolong market distress until clarity on the tariffs' economic impact is achieved [7] Investment Recommendations - In light of the current market conditions, investing in safe-haven stocks, particularly in the utilities sector, is advised [3][4] - Recommended utility stocks include: - **Avista Corporation (AVA)**: Expected earnings growth rate of 14%, Zacks Rank 1, beta of 0.38, and a dividend yield of 4.81% [9] - **CMS Energy Corporation (CMS)**: Expected earnings growth rate of 7.8%, Zacks Rank 2, beta of 0.34, and a dividend yield of 2.99% [11] - **Exelon Corporation (EXC)**: Expected earnings growth rate of 6.4%, Zacks Rank 2, beta of 0.39, and a dividend yield of 3.53% [13] - **Southwest Gas Holdings, Inc. (SWX)**: Expected earnings growth rate of 17.1%, Zacks Rank 2, beta of 0.50, and a dividend yield of 3.60% [15]