Southwest Gas Ho Stock Price, News & Analysis

Southwest Gas Holdings (NYSE: SWX) has declared a quarterly cash dividend of $0.62 per share for the fourth quarter of 2025. The dividend will be payable on December 1, 2025, to shareholders of record as of November 17, 2025.

The dividend represents an annualized rate of $2.48 per share. Southwest Gas has maintained a consistent track record of paying quarterly dividends since its public listing in 1956, demonstrating its commitment to shareholder returns.

Southwest Gas Holdings (NYSE: SWX) has completed the separation of Centuri Holdings (NYSE: CTRI) through a registered public offering. The company sold all of its 27.36 million shares of Centuri common stock at $19.60 per share, generating net proceeds of approximately $525 million.

Following this strategic transformation, Southwest Gas Holdings has fully repaid all holding company debt, including its term loan, and now holds approximately $600 million in cash. The company plans to use these resources primarily for future capital investments at Southwest Gas Corporation, including a potential 2028 expansion of Great Basin Gas Transmission Company.

Southwest Gas Holdings (NYSE: SWX) has announced the pricing of a secondary public offering of Centuri Holdings (NYSE: CTRI) common stock. The company is offering 27,362,210 existing shares at $19.60 per share.

The offering is expected to close on September 5, 2025, subject to customary conditions. Upon completion, Southwest Gas Holdings will fully divest its ownership in Centuri, no longer holding any shares. J.P. Morgan is serving as the underwriter for this offering.

The shares are being offered through an effective shelf registration statement filed with the SEC, with detailed information available in the prospectus supplement.

Southwest Gas Holdings (NYSE: SWX) has announced plans to sell its entire stake of 27,362,210 shares of Centuri Holdings (NYSE: CTRI) through a secondary public offering. Following the completion of this offering, Southwest Gas Holdings will completely divest its ownership in Centuri.

The offering will be conducted through an effective shelf registration statement filed with the SEC, with a preliminary prospectus supplement to be filed detailing the terms of the offering. The sale will be executed in compliance with Securities Act requirements and regulatory guidelines.

Southwest Gas Holdings (NYSE: SWX) has completed its secondary public offering of Centuri Holdings (NYSE: CTRI) common stock, selling 17,250,000 shares at $19.50 per share, including the full exercise of the underwriters' over-allotment option.

Additionally, Icahn Partners purchased 1,573,500 shares in a concurrent private placement at the same price. SWX received total net proceeds of approximately $356 million ($325M from offering + $31M from private placement) and retains a 30.9% ownership in Centuri. The company will now deconsolidate Centuri from its financial statements and account for its remaining interest using the equity method.

The proceeds will be used for debt repayment and general corporate purposes.

Southwest Gas Holdings (NYSE: SWX) has announced the pricing of a secondary public offering of Centuri Holdings (NYSE: CTRI) common stock. The company is offering 15 million existing shares at $19.50 per share, with an option for underwriters to purchase up to 2.25 million additional shares within 30 days.

Additionally, Icahn Partners and affiliated entities will purchase 1,573,500 shares from Southwest Gas Holdings in a concurrent private placement at the same price per share. The offering is expected to close on August 11, 2025, with major financial institutions including J.P. Morgan, Wells Fargo Securities, BofA Securities, and Moelis & Company serving as joint lead book-running managers.

Southwest Gas Holdings (NYSE: SWX) has announced a secondary public offering of Centuri Holdings (NYSE: CTRI) common stock. The offering includes 15 million existing shares with an additional 30-day option for underwriters to purchase up to 2.25 million shares.

Additionally, Icahn Partners and Icahn Partners Master Fund LP, affiliated with Carl C. Icahn, will purchase 1,573,500 shares of Centuri's common stock in a concurrent private placement at the same price as the public offering. The private placement will close after the main offering, with the main offering not being contingent on the private placement's completion.

Southwest Gas Holdings (NYSE: SWX) reported Q2 2025 financial results, highlighting significant operational and financial developments. The company recorded a Q2 net loss of $12.9 million, compared to net income of $18.3 million in Q2 2024, primarily due to tax impacts from Centuri stock sales. However, adjusted net income increased 71% to $38.6 million.

Key highlights include: $470 million debt reduction through Centuri follow-on offerings, improved utility ROE to 8.3%, and regulatory progress in Arizona and Nevada. The company's Great Basin Gas Transmission expansion project saw increased demand to 1.76 Bcf per day. Southwest Gas added 40,000 new meter sets, achieving 1.8% customer growth, and maintained strong liquidity with $356 million in cash and over $1.0 billion in available funds.

[ "Debt reduction of $470 million through successful Centuri follow-on offerings", "Utility ROE improved to 8.3% over trailing 12 months", "Natural Gas Distribution earnings grew 22% over Q2 2024", "Customer base expanded by 40,000 new meter sets (1.8% growth)", "Great Basin Gas Transmission project demand increased to 1.76 Bcf per day", "Strong liquidity position with $356M cash and over $1B available", "Adjusted net income increased 71% year-over-year to $38.6M" ]

Southwest Gas Holdings (NYSE: SWX) has scheduled its second quarter 2025 earnings conference call and webcast for August 6, 2025, at 11:00 AM ET. The company will release its financial results before the markets open on the same day.

Investors can access the live webcast through the company's website at www.swgasholdings.com. For those unable to attend the live event, the call will be archived on the website. Additionally, a digital replay will be available by phone until 4:30 PM ET on August 13, 2025, using the replay code 15251#.