Southwest Gas Holdings, Inc. filings document the regulatory, financial, governance, and capital-structure disclosures of a NYSE-listed natural gas utility holding company. Current reports furnish operating results, dividend actions, rate-case developments, Great Basin project disclosures, and material corporate events involving Southwest Gas Holdings and Southwest Gas Corporation.
Proxy materials cover board composition, director elections, executive compensation, shareholder voting matters, and governance arrangements. The filing record also includes executive and director transition disclosures, termination of a cooperation agreement with the Icahn Group, common stock registration details, and accounting matters related to deferred income tax liabilities and financial-statement reliance.
Southwest Gas Holdings, Inc. reported the results of its Annual Meeting of Stockholders held on May 7, 2026. Holders of approximately 64,890,029 common shares were represented in person or by proxy.
Stockholders elected 11 directors, with each nominee receiving over 60,974,923 votes "for" and relatively few "withhold" votes. They also approved, on a non-binding advisory basis, the Company’s executive compensation with 60,023,164 votes in favor versus 1,391,423 against and 123,355 abstentions.
In addition, stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2026, with 63,689,643 votes "for," 1,130,062 "against," and 70,323 abstentions. Routine broker non-votes were recorded on the director and compensation proposals.
Corvex Management LP and Keith Meister report beneficial ownership of 3,618,161 shares of Southwest Gas Holdings, Inc. common stock, representing 4.99% of the company’s outstanding shares.
The shares were purchased for approximately $218.3 million using working capital of Corvex-managed funds, and the investors note they ceased to be beneficial owners of more than five percent of the shares on May 6, 2026, based on 72,374,873 shares outstanding as of May 1, 2026.
Southwest Gas Holdings reported first-quarter 2026 income from continuing operations of $138.4 million, up from $134.3 million a year earlier, as its business is now focused solely on regulated natural gas distribution. Regulated operations revenues declined to $585.1 million from $746.4 million because lower gas costs are passed through to customers, but operating margin increased to $477.0 million from $461.8 million, reflecting new rates in Arizona and Nevada and customer growth.
Net income attributable to shareholders rose to $138.4 million, or $1.91 per basic share, compared with $113.9 million, or $1.58 per share, when prior-year results included a loss from discontinued Centuri operations. The utility invested $208.7 million in capital expenditures year-to-date, had $484.8 million of cash and cash equivalents, and maintained long-term debt of about $3.43 billion.
Management highlighted strong liquidity of nearly $1.2 billion in available capacity and raised the quarterly dividend to $0.645 per share. The company is pursuing sizable rate cases in Arizona and Nevada and a California settlement, while subsidiary Great Basin advances a potential $1.7 billion pipeline expansion project and holds backlog performance obligations of $53.5 million through 2029.
Southwest Gas Holdings reported higher first-quarter 2026 earnings from continuing operations while reaffirming its outlook. Net income from continuing operations was $138.4 million, up from $134.3 million a year earlier, and diluted earnings per share from continuing operations rose to $1.91 from $1.86, a 2.7% increase. Total net income, including prior-year discontinued operations, increased to $138.4 million from $113.9 million, even as consolidated operating revenues were $585.1 million versus $746.4 million in 2025.
The utility segment delivered a twelve‑month return on equity of 8.5% and adjusted ROE of 8.0%. The company filed general rate cases seeking roughly $101 million of additional revenue in Arizona and $71 million in Nevada to support past investments, with new rates expected in late 2026 and 2027. Great Basin’s 2028 expansion open season was significantly oversubscribed, with about 2.5 Bcf per day of expressions of interest versus a current design of up to 1.0 Bcf per day.
Southwest Gas invested $186.3 million in capital expenditures during the quarter, reported utility operating margin of $477.0 million, and ended March 31, 2026 with $484.8 million of cash and nearly $1.2 billion in available liquidity. The quarterly dividend was increased to $0.645 per share, a 4% raise over 2025. Management affirmed 2026 earnings per share guidance from continuing operations of $4.17–$4.32, along with a 2026 capital expenditure plan of about $1.25 billion and 2026–2030 targets for 12–14% adjusted EPS CAGR and 9.5–11.5% rate base CAGR.
Southwest Gas Holdings Inc reported that Vanguard Portfolio Management LLC beneficially owned 3,882,198 shares of Common Stock as of 03/31/2026. The filing shows this represents 5.36% of the class, with 26,431 shares subject to sole voting power and 3,882,198 shares subject to sole dispositive power. The Schedule 13G was signed on 04/29/2026 by Ashley Grim.
Southwest Gas Holdings Inc received an amended Schedule 13G/A filing from The Vanguard Group reporting 0 shares beneficially owned and 0% of the common stock as of the amendment. The filing explains an internal realignment effective January 12, 2026 that led certain Vanguard subsidiaries to report ownership separately.
Southwest Gas Holdings, Inc. is asking stockholders to elect eleven directors, approve executive compensation on an advisory basis, and ratify PricewaterhouseCoopers as auditor at its 2026 virtual annual meeting. The proxy highlights a largely independent, diverse board, with 91% independent nominees and 55% women.
The company reports 2025 revenue of $1.9 billion, net income of $300.3 million, an 8.8% utility return on equity, and an estimated $6.7 billion rate base. It emphasizes pay-for-performance, with most executive and director compensation at risk, and describes the completed separation of Centuri and ongoing ESG and cybersecurity oversight.
Southwest Gas Holdings President and CEO Karen S. Haller reported a tax-withholding disposition of 13,105.277 shares of common stock at $80.02 per share. These shares were withheld to cover taxes on settled performance stock units. After this, she directly holds 185,798.222 shares, with additional indirect holdings of 996 shares through a spouse and 2,498.714 shares through a 401(k).