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Newsweek Names Southwest Gas a World's Most Trustworthy Company

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Southwest Gas Holdings, Inc. (NYSE: SWX) has been named one of the World's Most Trustworthy Companies 2024 by Newsweek for the second consecutive year. The company ranked in the top 2% among publicly listed companies worldwide. The list, compiled by Newsweek and Statista Inc., recognizes the top 1,000 most trustworthy companies across 23 industries and 20 countries.

The ranking is based on an independent survey of over 70,000 participants and 230,000 evaluations from customers, investors, and employees. It acknowledges companies that have earned trust by providing quality services, fair employee wages, and effective leadership. Karen Haller, President and CEO of Southwest Gas Holdings, attributed this recognition to the company's commitment to safely providing reliable and affordable energy services, and to their employees' dedication to customer excellence and community improvement.

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Positive

  • Recognized as one of the World's Most Trustworthy Companies for two consecutive years
  • Ranked in the top 2% among publicly listed companies worldwide
  • Demonstrates strong trust from consumers, investors, and employees

Negative

  • None.

News Market Reaction 1 Alert

-1.46% News Effect

On the day this news was published, SWX declined 1.46%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

The natural gas utility has been globally recognized for two years in a row based on investor, consumer, and employee trust

LAS VEGAS, Oct. 9, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX), was recently recognized by Newsweek on their list of the World's Most Trustworthy Companies 2024. This recognition is presented by Newsweek and Statista Inc., a leading provider of market and consumer data. The list recognized the top 1,000 most trustworthy companies worldwide, spanning 23 industries and 20 countries. Southwest Gas was recognized as a top performer, earning a place in the top 2% among publicly listed companies on various stock exchanges worldwide.

"Our Company's mission to safely provide reliable and affordable energy service reflects a commitment to our customers to enrich their lives and make a positive impact in our communities," said Karen Haller, President and CEO of Southwest Gas Holdings & CEO of Southwest Gas Corporation. "This recognition and the incredible trust placed in us as an energy service provider of choice is a testament to our employees' dedication to serving our customers with excellence and working together to better our communities."

Newsweek's list recognizes companies that have earned the confidence of consumers, investors, and employees by producing quality services, paying employees fair wages, and appointing effective leaders. The ranking is based on an independent survey of over 70,000 participants and 230,000 evaluations from customers, investors, and employees.

Newsweek's list was published on September 4th. For award information, visit https://www.newsweek.com/rankings/worlds-most-trustworthy-companies-2024

About Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc., through its primary operating subsidiary, Southwest Gas Corporation, engages in the business of purchasing, distributing, and transporting natural gas. Southwest Gas Corporation is a dynamic energy company committed to exceeding the expectations of over 2 million customers throughout Arizona, Nevada, and California by providing safe and reliable service while innovating sustainable energy solutions to fuel the growth in its communities. In addition, Southwest Gas Holdings, Inc. is the majority owner of Centuri Holdings, Inc., which provides comprehensive utility infrastructure services across North America.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/newsweek-names-southwest-gas-a-worlds-most-trustworthy-company-302271385.html

SOURCE Southwest Gas Holdings, Inc.

FAQ

What recognition did Southwest Gas (SWX) receive from Newsweek in 2024?

Southwest Gas (SWX) was recognized as one of the World's Most Trustworthy Companies 2024 by Newsweek, ranking in the top 2% among publicly listed companies worldwide.

How many companies were included in Newsweek's World's Most Trustworthy Companies 2024 list?

Newsweek's list recognized the top 1,000 most trustworthy companies worldwide, spanning 23 industries and 20 countries.

What factors were considered in Newsweek's trustworthy companies ranking for Southwest Gas (SWX)?

The ranking was based on an independent survey evaluating trust from customers, investors, and employees, considering factors such as quality of services, fair employee wages, and effective leadership.

When was Newsweek's World's Most Trustworthy Companies 2024 list published?

Newsweek's World's Most Trustworthy Companies 2024 list was published on September 4, 2024.
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Utilities - Regulated Gas
Natural Gas Transmission & Distribution
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United States
LAS VEGAS