NWN

NW Natural Holdings Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, February 23, 2024
Oil, Gas, Energy, Acquisition, WM, DBA, Oregon Public Utility Commission, Investment, Natural gas, NW, Growth, NWN, Safety, NW Natural, Waste management, Information technology, PGA, OPUC, Mist, Water, RNG, Renewable energy

2022 earnings per share were $2.54

Key Points: 
  • 2022 earnings per share were $2.54
    "For over 165 years, NW Natural Holdings has provided essential energy to the communities it serves.
  • For 2023, NW Natural Holdings reported net income of $93.9 million (or $2.59 per share), compared to $86.3 million (or $2.54 per share) for 2022.
  • NW Natural Water launched its services business in April 2023 and completed a second acquisition in October 2023.
  • NW Natural Holdings' annual results by business segment are summarized in the table below:

NW Natural Water Expands Presence in Arizona and Oregon

Retrieved on: 
Tuesday, February 6, 2024
Utilities, Energy, NW Natural, Safety, Water, NWN, Dredging

NW Natural Water Company, LLC (NW Natural Water), a wholly-owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has expanded further in two states with the acquisitions of Hiland Water Corporation’s water utility business in Newberg, Oregon and Truxton Canyon Water Company and Cerbat Water Company near Kingman, Arizona.

Key Points: 
  • NW Natural Water Company, LLC (NW Natural Water), a wholly-owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has expanded further in two states with the acquisitions of Hiland Water Corporation’s water utility business in Newberg, Oregon and Truxton Canyon Water Company and Cerbat Water Company near Kingman, Arizona.
  • In addition, NW Natural Water increased its ownership in Avion Water Company, which serves communities in and around Bend, Oregon and is the largest privately owned utility in Oregon.
  • “We are excited to see NW Natural Water continue to expand across our existing regions,” said Justin Palfreyman, NW Natural Water’s president.
  • In December 2023, NW Natural Water acquired Hiland Water which serves an additional 2,100 regulated utility connections across western Oregon.

NWN Carousel to Accelerate Growth & Innovation in Partnership With American Securities

Retrieved on: 
Tuesday, February 6, 2024
Technology, Mobile, Wireless, Human Resources, Security, Professional Services, Software, Internet, Data Analytics, Artificial Intelligence, Growth, NPS, Dräxlmaier Group, Acceleration, American Securities, NWN, Jefferies Group, EMP, Kirkland & Ellis, LLP, Morgan, Lewis & Bockius, Organization, Cryptocurrency

"We are excited about continuing our mission to empower North America’s largest organizations with intelligent, flexible workplace experiences, and we look forward to partnering with American Securities to accelerate our next phase of growth.

Key Points: 
  • "We are excited about continuing our mission to empower North America’s largest organizations with intelligent, flexible workplace experiences, and we look forward to partnering with American Securities to accelerate our next phase of growth.
  • “NWN Carousel’s service innovation, customer intimacy, and outstanding performance track record uniquely positions the Company for growth and value creation as they navigate a dynamic tech landscape,” said Kevin Penn, a Managing Director of American Securities.
  • Noah Scherz, a Principal of American Securities, added, “The NWN Carousel team’s proven ability to drive strong organic growth, while simultaneously executing and integrating transformational M&A is impressive.
  • Harris Williams acted as financial advisors and Morgan, Lewis & Bockius LLP served as legal counsel to NWN Carousel and New State.

NW Natural Holdings Schedules Earnings Release and Conference Call for Friday, February 23

Retrieved on: 
Friday, January 12, 2024
Alternative Energy, Energy, Utilities, Oil, Gas, NWN, NW Natural, Webcast

Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) announced today it will issue its fourth quarter and year-to-date 2023 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern Time) on Friday, Feb. 23, 2024.

Key Points: 
  • Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) announced today it will issue its fourth quarter and year-to-date 2023 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern Time) on Friday, Feb. 23, 2024.
  • To hear the conference by webcast, log on to NW Natural Holdings’ corporate website at ir.nwnaturalholdings.com .
  • To hear the conference call by phone, please dial 1-833-470-1428 within the United States and enter the conference access code 245162.
  • To access the conference replay, please call 1-866-813-9403 within the United States and enter the conference identification access code 746841.

NW Natural Holdings Announces Dividend

Retrieved on: 
Thursday, January 11, 2024
Environment, Utilities, Oil, Gas, Alternative Energy, Energy, Climate Change, NWN, Holding company

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock.

Key Points: 
  • The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock.
  • The dividend will be paid on Feb. 15, 2024 to shareholders of record on Jan. 31, 2024.
  • The Company's indicated annual dividend rate is $1.95 per share.

NW Natural Renewables Announces New President

Retrieved on: 
Wednesday, January 10, 2024
Other Energy, Environment, Oil, Gas, Alternative Energy, Energy, Climate Change, Natural gas, Wind, NW Natural, Multimedia, RNG, Hydrogen, Gonzaga University, NW, CHP, Climate change, NWN, American Council, Columbia University, Renewable energy

NW Natural Renewables Holdings, LLC (NW Natural Renewables), a wholly owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has promoted Anna Chittum to president of NW Natural Renewables.

Key Points: 
  • NW Natural Renewables Holdings, LLC (NW Natural Renewables), a wholly owned subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has promoted Anna Chittum to president of NW Natural Renewables.
  • View the full release here: https://www.businesswire.com/news/home/20240110073044/en/
    Anna Chittum has been promoted to president of NW Natural Renewables.
  • (Photo: Business Wire)
    Chittum replaces Mike Kotyk at NW Natural Renewables, which focuses on providing renewable natural gas (RNG) to a variety of sectors.
  • NW Natural Renewables is a subsidiary of NW Natural Holdings committed to leading in the energy transition and providing renewable natural gas to the utility, commercial, industrial and transportation sectors.

NWN Carousel Powers Innovative New Park in North Carolina

Retrieved on: 
Thursday, November 16, 2023
Networks, Internet, Mobile, Wireless, Technology, Telecommunications, Cloud, Wi-Fi, Town, Personal computer, Bellevue Downtown Park, Weather, Data analysis, EMP, Health, NWN, Relaxation, Cary, North Carolina, Partnership, Amusement park

NWN Carousel , the leading Cloud Communications Service Provider, announced today its expanded partnership with the town of Cary, North Carolina for the opening of the new Downtown Cary Park .

Key Points: 
  • NWN Carousel , the leading Cloud Communications Service Provider, announced today its expanded partnership with the town of Cary, North Carolina for the opening of the new Downtown Cary Park .
  • This is the next step in NWN Carousel helping Cary modernize its digital footprint ranging from town-wide wireless connectivity to a 24/7 contact center.
  • The new downtown park features outdoor wired and wireless networking, supported by NWN Carousel, for robust connectivity.
  • With NWN Carousel managing tactical day-to-day IT management responsibilities, it allows the Town to take on innovative projects such as the new Downtown Park.

NW Natural Holdings Reports Third Quarter 2023 Results

Retrieved on: 
Friday, November 3, 2023
Energy, Utilities, Oil, Gas, Water, NYSE, PGA, Mist, Acquisition, Maintenance, NW Natural, Hiland, Arizona Corporation Commission, RNG, NWN, Natural gas, Dredging, Renewable energy, Cryptocurrency, Cerbat mustang

In October 2023, NW Natural Water closed its acquisition of Rose Valley Water Company in Peoria, Arizona, a major suburb northwest of Phoenix.

Key Points: 
  • In October 2023, NW Natural Water closed its acquisition of Rose Valley Water Company in Peoria, Arizona, a major suburb northwest of Phoenix.
  • NW Natural Water expects to close the Truxton and Cerbat acquisition in the coming weeks adding nearly 1,400 water utility connections.
  • NW Natural Water launched its services business in April 2023.
  • NW Natural Holdings' third quarter results are summarized by business segment in the table below:
    Three Months Ended September 30,

NW Natural Holdings Schedules Earnings Release and Conference Call for Friday, November 3

Retrieved on: 
Friday, October 13, 2023
Energy, Other Energy, Utilities, Oil, Gas, NW Natural, NWN, NYSE, Webcast, Video game

Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) announced today it will issue its third quarter and year-to-date 2023 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern Time) on Friday, Nov. 3, 2023.

Key Points: 
  • Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) announced today it will issue its third quarter and year-to-date 2023 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern Time) on Friday, Nov. 3, 2023.
  • To hear the conference by webcast, log on to NW Natural Holdings’ corporate website at ir.nwnaturalholdings.com .
  • To hear the conference call by phone, please dial 1-833-470-1428 within the United States and enter the conference access code 463956.
  • To access the conference replay, please call 1-866-813-9403 within the United States and enter the conference identification access code 243492.

NW Natural Holdings Increases Dividend for 68th Consecutive Year

Retrieved on: 
Thursday, October 12, 2023
Other Natural Resources, Other Energy, Utilities, Oil, Gas, Alternative Energy, Natural Resources, Energy, NWN, NYSE, Holding company, Security (finance)

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has increased the quarterly dividend to 48.75 cents per share on the Company’s common stock.

Key Points: 
  • The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has increased the quarterly dividend to 48.75 cents per share on the Company’s common stock.
  • The dividend will be paid on Nov. 15, 2023 to shareholders of record on Oct. 31, 2023.
  • The Company's indicated annual dividend rate is $1.95 per share.