Northwest Gas ( (NWN) ) just unveiled an announcement.
Northwest Natural Holding Company reported its financial results for 2024, showing a decline in net income to $2.03 per share from $2.59 per share in 2023, primarily due to regulatory lag until new gas utility rates were effective in November 2024. The company completed the acquisition of SiEnergy, invested significantly in utility systems, and increased its dividend for the 69th consecutive year. Looking forward, NW Natural Holdings initiated 2025 earnings guidance and reaffirmed its long-term EPS growth target, while planning substantial capital expenditures to support infrastructure and service expansion.
More about Northwest Gas
Northwest Natural Holding Company operates primarily in the natural gas distribution industry, providing essential energy services in Oregon and southwest Washington. The company is involved in the delivery of natural gas, water and wastewater utility services, and renewable fuels, with a focus on reliability, resiliency, and customer growth.
YTD Price Performance: 5.27%
Average Trading Volume: 207,106
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.65B
See more data about NWN stock on TipRanks’ Stock Analysis page.