Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services. As of December 31, 2020, it had 2,123,000 residential, commercial, industrial, and other natural gas customers. The company also provides trenching and installation, replacement, and maintenance services for energy distribution systems; and industrial construction solutions. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
IPO Year:
Exchange: NYSE
Website: swgasholdings.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2024 | $77.00 | Equal Weight | Wells Fargo |
| 11/30/2022 | $87.00 → $65.00 | Buy → Neutral | BofA Securities |
| 6/9/2022 | $100.00 | Hold → Buy | Argus |
| 3/30/2022 | $81.00 → $88.00 | Neutral → Buy | BofA Securities |
| 6/30/2021 | $77.00 → $72.00 | Equal-Weight | Wells Fargo |
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
144 - Southwest Gas Holdings, Inc. (0001692115) (Subject)
10-Q - Southwest Gas Holdings, Inc. (0001692115) (Filer)
8-K - Southwest Gas Holdings, Inc. (0001692115) (Filer)
8-K - Southwest Gas Holdings, Inc. (0001692115) (Filer)
8-K - Southwest Gas Holdings, Inc. (0001692115) (Filer)
424B5 - Southwest Gas Holdings, Inc. (0001692115) (Filer)
10-Q - Southwest Gas Holdings, Inc. (0001692115) (Filer)
8-K - Southwest Gas Holdings, Inc. (0001692115) (Filer)
8-K - Southwest Gas Holdings, Inc. (0001692115) (Filer)
11-K - Southwest Gas Holdings, Inc. (0001692115) (Filer)
Wells Fargo analyst Sarah Akers reinstates Southwest Gas Hldgs (NYSE:SWX) with a Equal-Weight and announces $77 price target.
Southwest Gas Hldgs (NYSE:SWX) reported quarterly earnings of $1.37 per share which missed the analyst consensus estimate of $1.42 by 3.52 percent.
Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas") and Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri"), a wholly owned subsidiary of Southwest Gas, today announced the pricing of Centuri's initial public offering (the "IPO") of 12,400,000 shares of Centuri's common stock at an initial public offering price of $21.00 per share. In addition, Centuri has granted the underwriters a 30-day option to purchase up to an additional 1,860,000 shares of its common stock to cover over-allotments, if any. Centuri's common stock has been approved for listing on the New York Stock Exchange ("NYSE") under the symbol "CTRI" and is expected to begin trading on April 18, 2024. The IPO is expected to clos
Southwest Gas Holdings, Inc.‘s (NYSE:SWX) wholly-owned subsidiary Centuri Holdings, Inc. has launched a roadshow for the initial public offering (IPO) of 12.40 million shares of Centuri. Centuri has granted the underwriters a 30-day option to purchase up to an additional 1.86 million shares and expects the IPO price to be between $18.00 and $21.00 per share. Centuri has been approved to list its shares on the New York Stock Exchange under the ticker symbol “CTRI.” As per a regulatory filing, Icahn Partners LP and Icahn Partners Master Fund LP, the investment entities affiliated with billionaire Carl Icahn, have agreed to purchase in a concurrent private placement 2.59 million share
After completion of the IPO, Southwest Gas will continue to own approximately 82.7% of Centuri's outstanding common stock (or approximately 81.0% if the underwriters exercise their option to purchase additional shares of Centuri's common stock in full).
Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") today announced that, in connection with the previously announced planned separation of its wholly owned subsidiary, Centuri Group, Inc., its utility infrastructure business, Centuri Holdings, Inc. ("Centuri"), has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock. The timing, number of shares to be offered and the price range for the proposed offering have not yet been determined. Centuri intends to list its common stock on the New York Stock Exchange ("NYSE") under the ticker symbol "CTRI."UB
- Reuters
Citigroup analyst Ryan Levine maintains Southwest Gas Hldgs (NYSE:SWX) with a Neutral and raises the price target from $64 to $73.
Southwest Gas Hldgs (NYSE:SWX) reported quarterly Natural Gas Distribution regulated operations revenues of $702.22 million which missed the analyst consensus estimate of $1.29 billion by 45.56 percent. This is a 21.78 percent increase over sales of $576.64 million the same period last year.
The Company has initiated the following forward-looking guidance for Southwest: 2024 net income guidance of $228 - $238 million (assumes $3 - $5 million of COLI earnings); 2024 - 2026 capital expenditures of approximately $2.4 billion, 2024 - 2026 utility rate base compound annual growth rate of 6.5% - 7.5%.
Wells Fargo resumed coverage of Southwest Gas with a rating of Equal Weight and set a new price target of $77.00
BofA Securities downgraded Southwest Gas from Buy to Neutral and set a new price target of $65.00 from $87.00 previously
Argus upgraded Southwest Gas from Hold to Buy and set a new price target of $100.00
BofA Securities upgraded Southwest Gas from Neutral to Buy and set a new price target of $88.00 from $81.00 previously
Wells Fargo reiterated coverage of Southwest Gas Holdings with a rating of Equal-Weight and set a new price target of $72.00 from $77.00 previously
JP Morgan downgraded Southwest Gas from Overweight to Neutral and set a new price target of $63.00
LAS VEGAS, Nov. 20, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following first quarter cash dividend: Common Stock Payable March 3, 2025 Of Record February 18, 2025 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. Abou
Company to Host Earnings Conference Call on November 6, 2024 LAS VEGAS, Oct. 23, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") will hold its third quarter earnings conference call and webcast on November 6, 2024, at 11:00 AM ET, following its news release to be issued before the markets open that day. The conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Wednesday, November 6, 2024 Time: 11:00 AM ET Telephone number: (800) 836-8184 International number: (646) 357-8785 If you are unable to participate during the live webcast, the call will also be archived on the Company's website at www.swgasholding
The natural gas utility has been globally recognized for two years in a row based on investor, consumer, and employee trust LAS VEGAS, Oct. 9, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX), was recently recognized by Newsweek on their list of the World's Most Trustworthy Companies 2024. This recognition is presented by Newsweek and Statista Inc., a leading provider of market and consumer data. The list recognized the top 1,000 most trustworthy companies worldwide, spanning 23 industries and 20 countries. Southwest Gas was recognized as a top performer, earning a place in the top 2% among publicly listed companies on various stock exchanges worldwide. "Our Company's mission to
LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following fourth quarter cash dividend: Common Stock Payable December 2, 2024 Of Record November 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. About Southwest Gas Holdings, Inc. Southwest Gas Holdings, Inc., based
Recognized on TIME's inaugural list based on employee satisfaction, revenue growth, and sustainability transparency LAS VEGAS, Aug. 21, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX), was recently recognized by TIME on its inaugural list of America's Best Mid-Size Companies 2024. This recognition is presented by TIME and Statista Inc., a leading provider of market and consumer data. The companies ranked in the 2024 America's Best Mid-Size Companies were identified based on three dimensions: employee satisfaction, revenue growth, and sustainability transparency. The study considered all U.S.-based companies that generated at least $100 million in revenue but less than $10 billi
Delivers Second Quarter Utility Earnings Growth of 44.5% Margin Improvement From Nevada Rate Case Outcome Centuri IPO Successfully Executed; Net Proceeds Used to Reduce Centuri Debt LAS VEGAS, Aug. 6, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or "Company") today reported second quarter 2024 consolidated net income of $18.3 million, or $0.25 per diluted share, and adjusted consolidated net income of $22.5 million, or $0.31 per diluted share. These results compared to consolidated net income of $28.9 million, or $0.40 per diluted share, and adjusted consolidated earnings of $38.8 million, or $0.54 per diluted share for the second quarter of 2023. The utility
Company to Host Earnings Conference Call on August 6, 2024 LAS 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 conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Tuesday, August 6, 2024 Time: 11:00 AM ET Telephone number: (800) 836-8184 International telephone nu
Chicago Greek Restaurant Becomes Historic Customer MESQUITE, 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 Senate Bill 151 (SB151) in the 2015 Nevada Legislature, which allows a public utility that purchases natural gas for resale to expand and provide service to unserved or underserved parts
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 /PRNewswire/ -- 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 net income of $98.5 million, or $1.37 per diluted share. These results compared to consolidated net income of $45.9 million, or $0.67 per diluted share, and adjusted consolidated earnings of $121 million, or $1.77 per diluted share for the first quarter of 2023. "The successful close of the Centuri IPO
LAS VEGAS, May 1, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following third quarter cash dividend: Common Stock Payable September 3, 2024 Of Record August 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. About Southwest Gas Holdings, Inc. Southwest Gas Holdings, Inc., base
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4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
4 - Southwest Gas Holdings, Inc. (0001692115) (Issuer)
LAS VEGAS, Nov. 20, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following first quarter cash dividend: Common Stock Payable March 3, 2025 Of Record February 18, 2025 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. Abou
Company to Host Earnings Conference Call on November 6, 2024 LAS VEGAS, Oct. 23, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") will hold its third quarter earnings conference call and webcast on November 6, 2024, at 11:00 AM ET, following its news release to be issued before the markets open that day. The conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Wednesday, November 6, 2024 Time: 11:00 AM ET Telephone number: (800) 836-8184 International number: (646) 357-8785 If you are unable to participate during the live webcast, the call will also be archived on the Company's website at www.swgasholding
LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following fourth quarter cash dividend: Common Stock Payable December 2, 2024 Of Record November 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. About Southwest Gas Holdings, Inc. Southwest Gas Holdings, Inc., based
Company to Host Earnings Conference Call on August 6, 2024 LAS 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 conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Tuesday, August 6, 2024 Time: 11:00 AM ET Telephone number: (800) 836-8184 International telephone nu
LAS VEGAS, May 1, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following third quarter cash dividend: Common Stock Payable September 3, 2024 Of Record August 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. About Southwest Gas Holdings, Inc. Southwest Gas Holdings, Inc., base
Company to Host Earnings Conference Call on May 8, 2024 LAS VEGAS, April 24, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") today announced that it will report 2024 first quarter results prior to market opening on May 8, 2024. The Company will host an earnings conference call on May 8, 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 conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Wednesday, May 8, 2024 Time: 11:00 AM ET Telephone number: (800) 836-8184 International telephone number: (64
Company to Host Earnings Conference Call on February 28, 2024 LAS VEGAS, Feb. 28, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") today announced that it will report 2023 fourth quarter and twelve months financial results prior to market opening on February 28, 2024. The Company will host an earnings conference call on February 28, 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 conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Wednesday, February 28, 2024 Time: 11:00 AM ET Telephone number:
LAS VEGAS, Feb. 22, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following second quarter cash dividend: Common Stock Payable June 3, 2024 Of Record May 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com. About Southwest Gas Holdings, Inc. Southwest Gas Holdin
Company to Host Earnings Conference Call on February 28, 2024 LAS VEGAS, Feb. 14, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2023 fourth quarter and twelve months financial results prior to market opening on February 28, 2024. The Company will host an earnings conference call on February 28, 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 conference call will be webcast live on the Company's website at www.swgasholdings.com. Date: Wednesday, February 28, 2024 Time: 11:00 AM ET Telephone number
LAS VEGAS, Nov. 15, 2023 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE:SWX) has declared the following first quarter cash dividend: Common Stock Payable March 1, 2024 Of Record February 15, 2024 Dividend $0.62 per share The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956. About Southwest Gas Holdings, Inc. Southwest Gas Holdings, Inc., through its subsidiaries, engages in the business of purchasing, distributing and transporting natural gas, and providing comprehensive utility infrastructure serv
Search for CEO Commences; Paul Daily to Retire as Chief Executive Officer Upon Appointment of SuccessorSouthwest Gas Continuing to Advance Centuri Separation LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") announced today that Paul M. Daily has informed the Company of his intention to retire in 2024 as President and Chief Executive Officer ("CEO") of Centuri Group, Inc. ("Centuri"), a wholly owned subsidiary of Southwest Gas. The Company and Mr. Daily intend that he remain as CEO of Centuri until his successor is appointed. Accordingly, Southwest Gas will commence a search, with the assistance of a leading executive search
LAS VEGAS, Nov. 7, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") today announced the appointment of Robert J. Stefani as Senior Vice President and Chief Financial Officer, effective November 30, 2022. Mr. Stefani succeeds Gregory J. Peterson, who will retire on November 30, 2022. Mr. Stefani will report to President & CEO Karen S. Haller and will serve as a member of the Southwest Gas executive team. Mr. Stefani comes to the Company from PECO Energy, where he was Senior Vice President, Chief Financial Officer and Treasurer, with responsibility for all financial activities including financial strategy, planning and analysis, operational financ
Names Karen S. Haller President and Chief Executive Officer; John P. Hester Retires LAS VEGAS, May 6, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") today announced that the Southwest Gas Board of Directors has appointed Karen S. Haller, Executive Vice President, as President and Chief Executive Officer, effective immediately. Ms. Haller succeeds John P. Hester, who has retired as President and Chief Executive Officer, effective immediately. Mr. Hester has also resigned from the Board, effective immediately. Ms. Haller will be appointed to the Board of Directors immediately following the 2022 Annual Meeting of Stockholders. "Now is the time
LAS VEGAS, Nov. 15, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas" or the "Company") today confirmed that Icahn Enterprises LP ("Icahn") has provided notice of its intent to nominate 10 candidates (the "Icahn slate") to stand for election to take control of the Company's Board of Directors at the Company's 2022 Annual Meeting of Stockholders, the date of which has not yet been determined. The Company issued the following statement regarding Icahn's director nominations: Under the Board's oversight, we have created a company that is poised for further value creation across each of its businesses and the Company as a whole. Icahn's nomination of the Icahn slate
LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) (the "Company") today announced the appointment of E. Renae Conley, Chief Executive Officer of ER Solutions, LLC, and Carlos A. Ruisanchez, co-founder of Sorelle Capital, Sorelle Entertainment and Sorelle Hospitality, to its Board of Directors, effective January 1, 2022. The Company also announced Michael J. Melarkey and Stephen C. Comer will retire from the Board at the time of the Company's 2022 Annual Meeting of Stockholders. Robert L. Boughner has been appointed as Chair of the Board effective at the Company's 2022 Annual Meeting of Stockholders. Following the Company's 2022 Annual Meeting of Stockholders, th