Company to Host Earnings Conference Call on August 6, 2024LAS VEGAS, July 11, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2024 second quarter results prior to market opening on August 6, 2024. The Company will host an earnings conference call on August 6, 2024, at 11:00 AM ET to discuss the results, and the discussion may include business, financial or other information not contained in the earnings release.The conferen ...

Chicago Greek Restaurant Becomes Historic CustomerMESQUITE, Nev., June 20, 2024 /PRNewswire/ -- Recently, Southwest Gas proudly turned on natural gas service to its 1,000th customer in Mesquite, Nevada. The Chicago Greek restaurant, which serves both classic Greek and Chicago-inspired dishes, converted from propane to natural gas to create more flexibility when cooking and enhance service to its customers.Mesquite saw its first business become a Southwest Gas customer in 2019 as a result of the passing of S ...

文章核心观点 - 卡尔·艾坎通过艾坎企业持有西南天然气公司15%的股份,作为一名积极的投资者,他希望通过推动公司变革来为自己和其他股东创造价值 [1][2][3] - 西南天然气公司是一家天然气公用事业公司,同时也通过控股Centuri Holdings提供基础设施服务 [4] - 西南天然气公司正在分拆Centuri Holdings,这将释放Centuri的价值 [5][6] - 西南天然气公司所服务地区的人口增长预期较高,但整体增长速度较慢,公司的股息可能会下调 [7][8][9][10] - 相比之下,投资于多元化的公用事业ETF可能是更保守的选择 [11][12] 公司概况 - 西南天然气公司是一家天然气公用事业公司,在亚利桑那州、内华达州和加利福尼亚州为约200万用户提供服务 [4] - 公司还通过控股Centuri Holdings提供基础设施服务 [4] - 公司正在分拆Centuri Holdings,预计将在未来逐步出售Centuri股份以筹集资金 [5][6] 行业分析 - 西南天然气公司所服务地区的人口增长预期较高,亚利桑那州预计2024-2029年增长3.5%,内华达州预计增长2.6%,而全国平均增长2.4% [7] - 但整体来看,公司预计2024-2026年客户数年增长1.6%,增速较慢 [8] - 公司暗示未来可能下调股息,这可能会影响收益型投资者 [9][10]

A month has gone by since the last earnings report for Southwest Gas (SWX) . Shares have lost about 2.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Southwest Gas due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Southwest Gas Q1 Earnings Miss Estimates, Sale ...

Southwest Gas Holdings Inc.’s (SWX) systematic investment plans to strengthen infrastructure and accretive acquisitions should further boost its performance. Consistent customer additions to the company's natural gas segment are improving its financials.However, this Zacks Rank #3 (Hold) company faces risks related to its dependence on interstate pipelines for natural gas transportation.TailwindsSouthwest Gas strategically plans its investments to meet the growing demand for safe, reliable and affordable en ...

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Southwest Gas Holdings, Inc. (NYSE:SWX) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Justin Forsberg – Vice President-Investor Relations and Treasurer Karen Haller – President and Chief Executive Officer Rob Stefani – Chief Financial Officer Justin Brown – President-Southwest Gas Corporation Conference Call Participants Chris Ellinghaus – Siebert Williams Shank Ryan Levine – Citi Operator Welcome to Southwest Gas Holdings First Quarter 2024 Earnings Conference Call. Today’s ...

公司业绩 - 公司在2024年第一季度实现了约1.36亿美元的净收入，同比增长1百万美元[15] - 公司在2024年第一季度实现了约5.28亿美元的综合收入，尽管天气不利和投标项目和风灾工作时间安排不佳[15] - 公司在2024年4月支付了9,200万美元，收购了Linetec Services, LLC剩余10%的非控股权益[15] - Southwest的调整后净收入为9850万美元，每股调整后收益为1.37美元[17] - 自然气体分销部门2022年第四季度经营收入为10.562亿美元，较去年同期增长3.8%[46] 财务情况 - 公司成功完成了Centuri Holdings的首次公开募股，募得的款项部分用于减轻Centuri的债务负担[11] - 公司在内华达州的一般费率案获得批准，包括约5900万美元的收入增长，允许的股本回报率为9.5%，股本资本化率为50%[13] - Southwest的利润率提高，主要受益于客户增长和来自设备投资的综合费率减免[17] - HoldCo第一季度的收益主要受到Centuri分拆相关的270万美元成本和550万美元HoldCo贷款利息支出的影响[17] - Southwest受益于更高的利润率，部分抵消了折旧及利息收入减少[18] 未来展望 - 公司调整后的净收入为-11.858亿美元，较去年同期改善为-6.0625亿美元[47] - 南西公司预计未来三年资本计划的90%-95%将由内部产生的现金资金[36] - 南西公司计划在2024年继续增加资本支出以支持持续增长[36] - 南西公司的资本结构目标是长期实现50/50的公用事业资本结构[31] - 南西公司预计2024-2029年亚利桑那州人口增长率为3.52%，内华达州为2.61%，美国平均增长率为2.40%[36]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission Exact name of registrant as specified in its charter and State of I.R.S. File Number principal office address and telephone number Incorporat ion Employer Identif ication No. 001-37976 Sout ...

For Immediate Release May 8, 2024 Southwest Gas Holdings, Inc. Reports First Quarter 2024 Financial Results, Affirms Guidance Delivers Strong First Quarter Utility Earnings Positive Nevada Rate Case Outcome Centuri IPO Successfully Executed; Net Proceeds Used to Reduce Centuri Debt LAS VEGAS – May 8, 2024 – Southwest Gas Holdings, Inc. (NYSE: SWX) (“Southwest Gas” or “Company”) today reported first quarter 2024 consolidated net income of $87.7 million, or $1.22 per diluted share, and adjusted consolidated n ...