Northwest Natural Gas ( (NWN) ) has released its Q3 earnings. Here is a breakdown of the information Northwest Natural Gas presented to its investors.
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Northwest Natural Holding Company, headquartered in Portland, Oregon, is a key player in the energy sector, providing natural gas, water, and wastewater services across seven states. The company is recognized for its commitment to safety, environmental stewardship, and customer satisfaction.
In its third-quarter 2025 earnings report, Northwest Natural Holdings reported a net loss of $0.73 per share, slightly higher than the $0.71 loss per share in the same period last year. However, for the first nine months of 2025, the company achieved a net income of $1.36 per share, a significant increase from $0.88 per share in 2024, driven by strategic acquisitions and growth in utility connections.
Key highlights include the addition of over 95,000 utility connections, a $333 million investment in gas and water systems, and the issuance of $185 million in investment-grade bonds. The company also implemented new rates in Oregon and Washington and increased its dividend for the 70th consecutive year. The acquisition of SiEnergy has contributed to the company’s growth, with SiEnergy providing a net income of $8.1 million for the year.
Despite the third-quarter loss, Northwest Natural Holdings remains optimistic about its financial outlook, expecting 2025 results to exceed the midpoint of its updated earnings guidance. The company reaffirms its long-term EPS growth target of 4% to 6%, supported by continued customer growth and strategic investments.
Looking ahead, Northwest Natural Holdings is poised to maintain its growth trajectory, focusing on operational excellence and strategic investments to enhance system reliability and customer satisfaction. The company’s commitment to delivering value to customers and shareholders remains steadfast, as evidenced by its consistent dividend growth and strategic expansion efforts.