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NWN News
NWN Events
Expects 6%-8% Rate Base Growth Through 2030
Expecst rate base growth of 6%-8% through 2030 driven by planned capital expenditures of $2.6B-$2.9B from 2026 - 2030. Sets long-term EPS growth rate target of 4%-6% and potential to increase to 5%-7% with MX3 gas storage project.
NW Natural Holdings Q2 Revenue $243.5M, Below Expectations
Reports Q2 revenue $243.5M, consensus $271.97M. "Our results exceeded our expectations and reflect strong execution across the business," said Justin Palfreyman, President and Chief Executive Officer. "Our consistent performance and strong first-half results, combined with increased visibility into the balance of the year, support our expectation that 2026 EPS will be in the upper half of our guidance range. The strength of our strategy positions NW Natural Holdings to continue to deliver safe, reliable, and affordable service while creating long-term value for customers and shareholders."
Northwest Natural Gas Sees 4%/6% Long-Term EPS Growth for 2026-2030
Northwest Natural Gas still sees 2026-2030 long-term EPS growth 4%/6%
Sees 2026 Capital Expenditures at $500M-$550M
Still sees 2026 capital expenditures $500M-$550M vs. $467M last year.
Q1 Revenue at $490.4M vs. $494.3M Last Year
Reports Q1 revenue $490.4M vs. $494.3M last year. "I'm pleased with our strong first-quarter results, which put us on solid footing for the year," said Justin Palfreyman, CEO. "These results reflect our continued focus on building a consistent track record of disciplined execution. We made progress on our key regulatory initiatives and delivered solid operational performance, efficient capital investment, and healthy customer growth across all three of our regulated utility businesses. Additionally, our MX3 gas storage expansion project is on track and continues to build momentum. We remain confident in our strategy and our ability to deliver long-term value to stakeholders."
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