| Over a week ago | ||||
US Power & Utilities… US Power & Utilities Analyst Byrd, along with David Anderson, President & CEO, NW Natural Holdings and Chairman of the American Gas Association provide an outlook on Decarbonization, Renewable Natural Gas and Hydrogen on an Analyst/Industry conference call to be held on March 18 at 2 pm. | ||||
US Power & Utilities… US Power & Utilities Analyst Byrd, along with David Anderson, President & CEO, NW Natural Holdings and Chairman of the American Gas Association provide an outlook on Decarbonization, Renewable Natural Gas and Hydrogen on an Analyst/Industry conference call to be held on March 18 at 2 pm. | ||||
US Power & Utilities… US Power & Utilities Analyst Byrd, along with David Anderson, President & CEO, NW Natural Holdings and Chairman of the American Gas Association provide an outlook on Decarbonization, Renewable Natural Gas and Hydrogen on an Analyst/Industry conference call to be held on March 18 at 2 pm. | ||||
| Over a month ago | ||||
NW Natural capital… NW Natural capital expenditures for 2021 are expected to be in the range of $280M-$320M and for the five-year period from 2021 to 2025 is expected to range from $1B-$1.2B. Approximately 80% of the planned amount is for core gas utility investments, with the remainder related to projects. These projects include system reinforcements to support growth and reliability and technology upgrades related to an enterprise resource planning system. NW Natural Water is expected to invest approximately $15M in 2021 related to maintenance capital expenditures for water and wastewater utilities currently owned or have under a purchase and sale agreement, and for the five-year period is expected to invest approximately $40M-$50M. | ||||
Reports Q4 revenue… Reports Q4 revenue $260.27M, consensus $272.82M. |
| Over a quarter ago | ||||
Stifel analyst Selman… Stifel analyst Selman Akyol initiated coverage of Northwest Natural Gas with a Buy rating and $61 price target. Northwest provides natural gas services to residential, commercial, and industrial customers in Oregon and Southwest Washington and provides investors "a near pure-play natural gas utility with additional growth opportunities through its recent water acquisitions," Akyol said. The company also has a secure dividend and an investment grade credit rating, Akyol noted. | ||||
The company guided toward… The company guided toward the lower end of the range due to potential implications from COVID-19. This guidance assumes continued customer growth, average weather conditions, and no significant changes in prevailing regulatory policies, mechanisms, or outcomes, or significant local, state or federal laws, legislation or regulations. The expected sale of Gill Ranch and the related gain, and any operating loss associated with it, are not included in this guidance range, as they are, and are expected to continue to be, reported as Discontinued Operations. | ||||
Reports Q3 revenue $,… Reports Q3 revenue $, consensus $97.32M. "This is a year of significant accomplishments despite the very unusual circumstances. We continued to execute on all aspects of our long-term strategy and taking care of our employees and customers when they need us the most. At the same time, we're building on our legacy of environmental stewardship and addressing the climate imperative. I'm proud of our efforts underway," said CEO David Anderson. | ||||
The board of directors of… The board of directors of Northwest Natural Holding Company has increased the quarterly dividend to 48c per share on the company's common stock. The dividend will be paid on November 13, 2020 to shareholders of record on Oct. 30, 2020. The company's indicated annual dividend rate is $1.92 per share. | ||||