Business
Southwest Gas Holdings, Inc. Reports First Quarter 2026 Financial Results, Affirms Full-Year 2026 and Long-Term Guidance
Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its first quarter ended March 31, 2026. 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":"Delivered 8.5% Twelve-month-ended Utility ROE","length":45,"tagName":"p","attribs":{}},{"type":"text","content":"Filed Rate Cases in AZ and NV Requesting a Total of $172 Million in Additional Revenue","length":86,"tagName":"p","attribs":{}},{"type":"text","content":"Strong Shipper Interest Supports Potential Phased Growth Beyond Great Basin's 2028 Expansion","length":96,"tagName":"p","attribs":{}},{"type":"text","content":"Pending California Rate Case Decision Creates Temporary Q1 Impact with Full Year Earnings Guidance Unchanged","length":108,"tagName":"p","attribs":{}},{"type":"text","content":"LAS VEGAS, May 5, 2026 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its first quarter ended March 31, 2026. 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":376,"tagName":"p"},{"type":"text","content":""Today, we reported solid first quarter 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 Chief Executive Officer 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.","length":1140,"tagName":"p"},{"type":"text","content":""At Great Basin, we recently completed an open season for available capacity associated with the 2028 expansion project where we...