Core Viewpoint - Southwest Gas Holdings, Inc. is initiating a secondary public offering of 9,000,000 shares of Centuri Holdings, Inc. common stock, with an option for underwriters to purchase an additional 1,350,000 shares [1][2] Group 1: Offering Details - The offering includes 9,000,000 existing shares of Centuri's common stock, with a potential additional purchase option for underwriters [1] - Icahn Partners and Icahn Partners Master Fund LP will concurrently purchase $50 million in shares from Southwest Gas Holdings at the offering price [2] - The shares are being offered under an effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be available [3] Group 2: Company Background - Southwest Gas Holdings operates through its subsidiary, Southwest Gas Corporation, providing natural gas services to over 2 million customers in Arizona, Nevada, and California [5] - Centuri Holdings, Inc. is a utility infrastructure services company that collaborates with regulated utilities to maintain energy networks across the U.S. and Canada [6]

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].