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Southwest Gas Holdings, Inc. Reports First Quarter 2025 Financial Results, Reaffirms Guidance
Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its first quarter ended March 31, 2025. This earnings press release should be read in conjunction with the Form 10-Q and earnings slides, which are concurrently being posted at www.swgasholdings.com.
About this update from Southwest Gas Holdings, Inc.
[{"type":"text","content":"Delivers a Last-Twelve-Months' Utility ROE of 8.2% and Earnings Growth of 5.2% over 1Q 2024","length":95,"tagName":"p","attribs":{}},{"type":"text","content":"Receives ~$80.2 Million Annual Revenue Increase from Completed Arizona Rate Case","length":80,"tagName":"p","attribs":{}},{"type":"text","content":"LAS VEGAS, May 12, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its first quarter ended March 31, 2025. This earnings press release should be read in conjunction with the Form 10-Q and earnings slides, which are concurrently being posted at www.swgasholdings.com.","length":367,"tagName":"p"},{"type":"text","content":""We continue to make great progress on our overall regulatory strategy," said Karen Haller, Chief Executive Officer at Southwest Gas Holdings. "And following a constructive outcome on the revenue phase of our Arizona general rate case, we continued this momentum by submitting an unopposed settlement agreement on our proposed system integrity mechanism. We anticipate a final decision on that settlement in the third quarter. I am grateful for each of our team members' efforts in executing our strategy and ensuring a safe and reliable natural gas system," added Haller.","length":596,"tagName":"p"},{"type":"text","content":""We remain committed to fully separating Centuri. We continue to monitor market conditions and evaluate separation options and timing with the objectives of optimizing value and limiting execution risk," concluded Haller.","length":231,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":"Summary Financial Results","length":25,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Three Months EndedMarch 31,","length":33,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":"(In thousands, except per share items)","length":38,"tagName":"p","attribs":{}}]},{"colspan"...