Southwest Gas

SWX

Market cap $6.36B

Southwest Gas Holdings posted a modest Q4 EPS miss on Feb. 25, but the story investors care about is what comes next.

SWX's earnings and sales fall short in Q4, it projects $1.25 billion in capital spending for 2026.

Southwest Gas Holdings, Inc. (SWX) Q4 2025 Earnings Call Transcript

Southwest Gas (SWX) came out with quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.4 per share. This compares to earnings of $1.39 per share a year ago.

Justin Brown, President of Southwest Gas Corporation, Appointed CEO Effective May 8, 2026; Karen Haller Retiring as President and Chief Executive Officer  LAS VEGAS, Feb. 25, 2026 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") and its primary operating subsidiary, Southwest Gas Corporation, today announced that its Board of Directors appointed Justin Brown to succeed Karen Haller as Chief Executive Officer, effective May 8, 2026. Mr. Brown has been nominated to join the Board of Directors following the 2026 Annual Meeting of Stockholders.

$300M Utility Net Income and $284M Adjusted Net Income Exceeded Top End of 2025 Net Income Guidance Range Delivered 8.3% Adjusted Utility ROE and Adjusted Utility Earnings Growth of ~8.7% Year-over-Year Utility 2025 FFO/Debt of 18.6% - SWX and SWG S&P Credit Ratings Each Upgraded to BBB+ 4% Increase in Common Stock Dividend Approved by Board of Directors Initiated 2026 and Forward-Looking EPS and Rate Base Guidance Metrics LAS VEGAS, Feb. 25, 2026 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its fourth quarter and year ended December 31, 2025. In addition, the Company announced that its board of directors approved an increase in the Company's regular quarterly common stock dividend to $0.645 per share, representing a 4 percent increase over the 2025 dividend rate, beginning with the second quarter of 2026.

Company to Host Earnings Conference Call on February 25, 2026 LAS VEGAS, Feb. 18, 2026 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") will hold its fourth quarter and full year earnings conference call and webcast on February 25, 2026, at 12:00 PM ET, following its news release to be issued before the markets open that day. The conference call will be webcast live on the Company's website at www.swgasholdings.com.

Award reflects strong employee satisfaction, consistent growth, and transparent sustainability practices LAS VEGAS, Feb. 3, 2026 /PRNewswire/ -- For the second year in a row, Southwest Gas Holdings, Inc. (NYSE: SWX), has been recognized by TIME as one of America's Best Mid-Size Companies for 2025. The recognition, presented in partnership with Statista Inc., highlights companies that excel in employee satisfaction, revenue growth, and sustainability transparency.

Strong interest reinforces demand for expanded energy infrastructure investment across the region as Southwest Gas advances long-term energy solutions LAS VEGAS , Dec. 8, 2025 /PRNewswire/ -- Great Basin Gas Transmission Company ("Great Basin"), a wholly owned subsidiary of Southwest Gas Corporation and part of Southwest Gas Holdings, Inc. (NYSE: SWX) ("Company"), today announced the successful close of its Second Supplemental Open Season for the 2028 Expansion Project ("Project") and the execution of associated binding precedent agreements for the Project. To accommodate continued interest following the Open Seasons held earlier this year, the Second Supplemental Open Season launched on November 11, 2025, and provided potential shippers additional opportunity to submit binding requests, refine capacity needs, consider alternative in-service dates, and evaluate the final scope of the expansion Project to support energy demand growth across Northern Nevada.

Southwest Gas (SWX) reported earnings 30 days ago. What's next for the stock?