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Northwest Natural Holding Company - NWN STOCK NEWS

Welcome to our dedicated page for Northwest Natural Holding Company news (Ticker: NWN), a resource for investors and traders seeking the latest updates and insights on Northwest Natural Holding Company stock.

Northwest Natural Holding Company (NYSE: NWN), headquartered in Portland, Oregon, serves as the largest independent natural gas utility in the Pacific Northwest. With a robust network, the company provides reliable natural gas service to approximately 700,000 residential, commercial, and industrial customers in Oregon and southwest Washington. Founded on a commitment to delivering safe and efficient energy, NW Natural focuses on the distribution and purchase of natural gas through its primary subsidiary, NW Natural.

NW Natural's operations are strategically centered around its natural gas distribution segment. This segment is essential in ensuring the seamless purchase and distribution of natural gas, primarily catering to the substantial demand in Oregon and southwest Washington. The company's diverse customer base predominantly includes residential and commercial sectors, which significantly contribute to its revenue and profitability.

Recent achievements highlight NW Natural's dedication to innovation and sustainability. The company has embarked on several projects aimed at enhancing energy efficiency and reducing carbon emissions. Their commitment to environmental stewardship is evident through investments in renewable natural gas and cutting-edge technologies designed to optimize operational performance.

Financially, NW Natural maintains a solid standing with consistent revenue generation primarily driven by its residential and commercial customers. The company's strategic partnerships and customer-centric approach further bolster its market position, ensuring stable growth and long-term value creation for shareholders.

NW Natural continues to prioritize safety, reliability, and customer satisfaction. The company's forward-looking projects and initiatives are designed to meet the evolving energy needs of its customers while adhering to stringent regulatory standards. Stay updated on the latest developments, financial performance, and strategic initiatives of NW Natural by visiting www.nwnatural.com.

News

NW Natural Holdings Schedules Earnings Release and Conference Call for Friday, February 23

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Northwest Natural Holding Company (NYSE: NWN) will issue its Q4 and year-to-date 2023 earnings release on Feb. 23, 2024. The analyst conference call and webcast to review results will be held at 8 a.m. Pacific Time (11 a.m. Eastern Time). To join the call, visit ir.nwnaturalholdings.com or dial 1-833-470-1428 (US), 1-833-950-0062 (Canada), or 1-404-975-4839 (international) with access code 245162. The conference replay can be accessed by calling 1-866-813-9403 (US), 1-866-813-9403 (Canada), or +44-204-525-0658 (other locations) with access code 746841.
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NW Natural Holdings Announces Dividend

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Northwest Natural Holding Company (NWN) has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock. The indicated annual dividend rate is $1.95 per share. The dividend will be paid on Feb. 15, 2024, to shareholders of record on Jan. 31, 2024.
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NW Natural Renewables Announces New President

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Anna Chittum has been promoted to president of NW Natural Renewables, a subsidiary of Northwest Natural Holding Company (NYSE:NWN). The company focuses on providing renewable natural gas (RNG) to various sectors. Chittum has a background in renewable energy and has successfully executed RNG and decarbonization strategies. She will be leading the team to pursue opportunities for NW Natural Renewables.
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NW Natural Once Again Among Regional and National Leaders in Customer Satisfaction

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NW Natural (NWN) ranks second-highest in customer satisfaction among large utilities in the Western United States, according to J.D. Power’s Gas Utility Residential Customer Satisfaction Study. The Portland-based utility also finished first among West peers in safety and reliability, price, and corporate citizenship. NW Natural has consistently scored in the top two in the West for the past 20 years and placed in the top-10 nationally in the 2023 survey. The utility was recognized as one of the 2023 World’s Most Ethical Companies and a Cogent Syndicated 2023 Most Trusted Utility Brand.
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NW Natural Holdings Reports Third Quarter 2023 Results

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Northwest Natural Holding Company (NYSE: NWN) reported a net loss of $23.7 million ($0.65 per share) for Q3 2023, compared to a net loss of $19.6 million ($0.56 per share) in Q3 2022. However, they reported net income of $49.2 million ($1.37 per share) for the first nine months of 2023, compared to earnings of $38.4 million ($1.14 per share) for the same period in 2022. They added over 33,000 gas and water utility connections in the last 12 months, with a growth rate of 4.0% as of September 30, 2023. They invested over $240 million in utility systems in the first nine months of 2023 and received approval in Oregon and Washington for new rates related to NW Natural's Purchased Gas Adjustment mechanism. They closed several acquisitions, including a water utility in Phoenix, Arizona, and increased their dividend for the 68th consecutive year to an annual indicated dividend rate of $1.95 per share.
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NW Natural Holdings Schedules Earnings Release and Conference Call for Friday, November 3

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Northwest Natural Holding Company to release Q3 2023 earnings and conduct analyst conference call
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NW Natural Holdings Increases Dividend for 68th Consecutive Year

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Northwest Natural Holding Company increases quarterly dividend
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NW Natural Water Expands Arizona Presence with Acquisition in Major Phoenix Suburb

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NW Natural Water, a subsidiary of NW Natural Holdings, has acquired Rose Valley Water, a water utility serving 2,400 connections in Peoria, Arizona. NW Natural Water now serves over 164,000 people through 66,000 connections across five states.
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NW Natural and Hycamite to explore opportunities for emissions-free hydrogen production technology in Oregon

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NW Natural and Hycamite TCD Technologies sign letter of intent to explore methane pyrolysis technology for clean hydrogen production.
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NW Natural Holdings Reports Second Quarter 2023 Results

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Northwest Natural Holding Company reported net income of $1.2 million for Q2 2023, compared to $1.7 million for Q2 2022. Net income for the first six months of 2023 was $72.9 million, compared to $58.0 million for the same period in 2022. NW Natural Water closed its first water services transaction and began operations at the Carbon Limestone RNG facility. The company reaffirmed its 2023 earnings guidance of $2.55 to $2.75 per share.
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FAQ

What is the current stock price of Northwest Natural Holding Company (NWN)?

The current stock price of Northwest Natural Holding Company (NWN) is $39.48 as of December 28, 2024.

What is the market cap of Northwest Natural Holding Company (NWN)?

The market cap of Northwest Natural Holding Company (NWN) is approximately 1.6B.

What services does NW Natural provide?

NW Natural provides natural gas service to residential, commercial, and industrial customers in Oregon and southwest Washington.

Where is Northwest Natural Holding Company headquartered?

Northwest Natural Holding Company is headquartered in Portland, Oregon.

How many customers does NW Natural serve?

NW Natural serves approximately 700,000 customers.

What is the primary business segment of NW Natural?

The primary business segment of NW Natural is natural gas distribution.

In which regions does NW Natural operate?

NW Natural operates in Oregon and southwest Washington.

How does NW Natural generate its revenue?

NW Natural generates revenue from residential, commercial, and industrial customers, with the majority coming from the residential and commercial sectors.

What are some recent projects of NW Natural?

Recent projects include initiatives to enhance energy efficiency, reduce carbon emissions, and investments in renewable natural gas.

What is the significance of NW Natural in the Pacific Northwest?

NW Natural is the largest independent natural gas utility in the Pacific Northwest, playing a crucial role in providing energy to the region.

How does NW Natural ensure safety and reliability?

NW Natural prioritizes safety and reliability through stringent regulatory compliance, cutting-edge technologies, and a customer-centric approach.

Where can I find more information about NW Natural?

More information about NW Natural can be found on their website at www.nwnatural.com.
Stock NWN logo
Northwest Natural Holding Company

NYSE:NWN

NWN Rankings

#2160 Ranked by Market Cap
#593 Ranked by Dividends

NWN Stock Data

1.60B
39.76M
0.89%
80.08%
1.69%
Utilities - Regulated Gas
Natural Gas Distribution
Link
United States of America
PORTLAND