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Sees FY26-FY30 CapEx at $6.3B
Sees FY26-FY30 2026- 2030 CapEx $6.3B; and rate base CAGR 9.5%-11.5%. CapEx view includes approximately $30Mand $190M for 2026 and 2026-2030, respectively, that would be recorded in Deferred charges and other assets. 2025 compound CAGR base year: adjusted 2025 EPS from continuing operations of $3.65 per share and 2025 rate base of $6.7B.
Southwest Gas Holdings Sees FY26 CapEx at $1.25B
Sees FY26 CapEx $1.25B. Justin Brown, President and CEO of Southwest Gas Holdings, said, "We remain optimistic about the opportunity and progress we're seeing on our Great Basin expansion. Contracted demand for the 2028 expansion has grown to roughly 1 billion cubic feet per day, and the project continues to see strong commercial interest, including an additional 1.8 Bcf of expressions of interest which could lead to binding agreements for future phases during the 2029 to 2035 period. That growing interest points to increased capital investment opportunities and enhanced revenue potential for the initial phase of the project. Based on the contracted demand, we now estimate annual margin of $270M-$300M once in service and a corresponding capital investment for the project of approximately $2.3B."
Anaergia Reports 20% Revenue Growth
Anaergia (ANRGF) has…
Southwest Gas Holdings Reports Q1 Revenue of $585.12M
Reports Q1 revenue $585.12M vs. $746.42M last year. "Today, we reported solid Q1 results, driven by continued growth and last year's constructive rate case outcome authorizing recovery of the investments we made in Arizona to serve our customers, and significantly lower interest expense due to the payoff of previously outstanding corporate and administrative debt," said Karen Haller, President and CEO of Southwest Gas Holdings. "We began the year by making meaningful progress on our strategic priorities, including the filing of two general rate cases in our largest jurisdictions. In Arizona, we filed a general rate case requesting a formula rate mechanism. In Nevada, we submitted a general rate case and look forward to the Public Utilities Commission of Nevada's final order on the rulemaking process that will define the state's alternative ratemaking framework. While the delayed California rate case decision negatively affected reported first quarter earnings, the previously authorized memorandum account we use to track the impacts of the delayed decision gives us confidence to affirm our full-year earnings guidance."
Southwest Gas Appoints Justin Brown as CEO
Southwest Gas Holdings announced that its Board of Directors appointed Justin Brown to succeed Karen Haller as CEO, effective May 8. Brown has been nominated to join the Board of Directors following the 2026 Annual Meeting of Stockholders. Having led the company through its successful transition to a fully regulated natural gas business and positioned it for significant growth, Haller has decided to retire as President and CEO and member of the Board following a distinguished 29-year career with the company. To support a smooth transition, Haller will serve as an advisor to the company through the end of 2026.
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