Annuncio • May 08
Northwest Natural Holding Company Reaffirms Earnings Guidance for the Year 2026 Northwest Natural Holding Company reaffirmed earnings guidance for the year 2026. For the year, company expect 2026 guidance of $2.95 per share – $3.15 per share . Annuncio • Apr 21
Northwest Natural Holding Company, Annual General Meeting, May 28, 2026 Northwest Natural Holding Company, Annual General Meeting, May 28, 2026. Annuncio • Feb 27
Northwest Natural Holding Company Provides Earnings Guidance for the Year 2026 Northwest Natural Holding Company provided earnings guidance for the year 2026. For the year, company Initiated EPS guidance of $2.95–$3.15 . Reaffirmed long-term EPS growth for 2026–2030 to
rate target of 4%–6%. Annuncio • Nov 05
Northwest Natural Holding Company Updates Earnings Guidance for the Full Year 2025 Northwest Natural Holding Company updated earnings guidance for the full year 2025. for the year, the company expects results to be above the midpoint of updated GAAP earnings per share (EPS) guidance range of $2.59 to $2.79. Annuncio • Sep 16
Northwest Natural Holding Company Appoints Kyra Patterson as Its Chief People Officer, Effective September 8, 2025 Northwest Natural Holding Company has hired Kyra Patterson as its Chief People Officer, effective September 8, 2025. Patterson comes to NW Natural Holdings after serving as Chief Human Relations Officer at Avangrid, a large utility services company serving about 3.1 million customers throughout New York, Connecticut, Massachusetts, and Maine. A former nuclear officer in the United States Navy, Patterson’s career includes human resources leadership roles at International Paper, Sears and Diageo. Patterson will work closely with Melinda Rogers, Vice President and Chief Human Resources and Diversity Officer at NW Natural, as Rogers transitions to her eventual retirement from the company in 2026. Annuncio • Aug 05
Northwest Natural Holding Company Updates Earnings Guidance for 2025 Northwest Natural Holding Company updated earnings guidance for 2025. For the period, the company updated 2025 GAAP EPS guidance to $2.60 to $2.80 as a result of the final transaction costs from the Pines acquisition and business development costs. Annuncio • Jul 16
Northwest Natural Holding Company to Report Q2, 2025 Results on Aug 05, 2025 Northwest Natural Holding Company announced that they will report Q2, 2025 results on Aug 05, 2025 Annuncio • Jul 11
Northwest Natural Holding Company Announces Quarterly Dividend, Payable on Aug. 15, 2025 The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 49 cents per share on the Company’s common stock.
The dividend will be paid on Aug. 15, 2025 to shareholders of record on July 31, 2025. The Company's indicated annual dividend rate is $1.96 per share. Annuncio • Jul 03
Natural Holding Company Appoints Peter Bragdon as Independent Director, Effective July 12, 2025 NW Natural Holding Company’s board of directors has appointed Peter Bragdon as a new independent director effective July 12, 2025. Bragdon has served as executive vice president, chief administrative officer and general counsel of Columbia Sportswear Company since 2015. He joined Columbia Sportswear Company in 1999 and held a series of progressive leadership roles, including vice president, general counsel and secretary; senior vice president of legal and corporate affairs, general counsel and secretary; and executive vice president, chief administrative officer, general counsel and secretary. From January 2003 through June 2004, Bragdon served as chief of staff in the Oregon Governor’s office. In 2017, he assumed oversight of Columbia Sportswear's international distributor business. Bragdon currently serves as chair of the board of the Oregon Community Foundation. He also serves on the boards of the World Federation of the Sporting Goods Industry, the Footwear Distributors and Retailers of America, and the Board of Trustees of Reed College. Annuncio • May 27
Northwest Natural Holding Company Announces Board Changes Timothy P. Boyle and Honorable Dave McCurdy, members of the Board of Directors (Board) of Northwest Natural Holding Company (Company or NW Holdings), each retired from the Board and all committees thereof effective upon the adjournment of the 2025 Annual Meeting of Shareholders of the Company held on May 22, 2025 (2025 Annual Meeting). Director Kenneth Thrasher additionally departed from the Board of Directors of the Company upon the expiration of his term at the 2025 Annual Meeting. Messrs. Boyle and Thrasher and Hon. McCurdy also departed from the Board of Directors of Northwest Natural Gas Company (NW Natural), the Company's wholly owned subsidiary, and all committees thereof, effective May 22, 2025. Mr. Steven E. Wynne, who only serves on the Board of NW Natural and does not serve on the Board of NW Holdings, also retired from the NW Natural Board at such time. Concurrently with Messrs. Boyle, Thrasher and Hon. McCurdy's departures, the Board reduced the number of directors comprising the Company's Board from 13 to 10 members in accordance with the Company's Amended and Restated Articles of Incorporation. The meeting approved the appointment of Justin B. Palfreyman as director. Annuncio • May 06
Northwest Natural Holding Company Revises Earnings Guidance for the Year 2025 Northwest Natural Holding Company revised earnings guidance for the year 2025. The company updated 2025 GAAP EPS guidance to $2.65 to $2.85 (from the previous range of $2.66 to $2.86) as a result of the expected transaction costs from the Hughes acquisition. Annuncio • Feb 28
Northwest Natural Holding Company Provides Financial Guidance for the Fiscal 2025 Northwest Natural Holding Company provides financial guidance for the fiscal 2025. For the period, the company initiated GAAP EPS guidance of $2.66 to $2.86. Annuncio • Feb 10
Northwest Natural Holding Company Names Megan H. Berge as Deputy General Counsel and Corporate Secretary, Effective from March 3, 2025 Northwest Natural Holding Company has hired Megan H. Berge as the company’s deputy general counsel and corporate secretary, and general counsel of NW Natural Gas Company, effective March 3, 2025. Berge comes to NW Natural Holdings from the international law firm Baker Botts, where she was a partner. Her practice included extensive rulemaking and advocacy work related to federal and state environmental law and civil litigation. Berge has been nationally recognized by Chambers and Partners for climate law, as one of 500 Leading U.S. Environmental & Energy Lawyers by Lawdragon, and a Washington D.C. Super Lawyer-Rising Star by Thomson Reuters. She earned her law degree from the Francis King Carey School of Law at the University of Maryland and a Bachelor of Arts from the University of Delaware. Annuncio • Jan 15
Northwest Natural Holding Company Declares Quarterly Dividend, Payable on February 14, 2025 The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 49 cents per share on the Company’s common stock. The dividend will be paid on February 14, 2025 to shareholders of record on January 31, 2025. The Company's indicated annual dividend rate is $1.96 per share. Annuncio • Jan 09
Northwest Natural Holding Company (NYSE:NWN) completed the acquisition of SiEnergy Operating, LLC from SiEnergy, L.P. for $425 million. Northwest Natural Holding Company (NYSE:NWN) agreed to acquire SiEnergy Operating, LLC from SiEnergy, L.P. for $425 million on November 17, 2024. A cash consideration of $273 million will be paid by Northwest Natural Holding Company. As part of consideration, $273 million is paid towards common equity of SiEnergy Operating, LLC and an assumption of $152 million of debt, subject to customary purchase price adjustments. NW Holdings has obtained committed financing to fund the purchase price pursuant to a commitment letter (Commitment Letter) entered into on November 17, 2024, with JPMorgan Chase Bank, N.A., which provides commitments for a 364-day term loan facility (the Bridge Facility) in an aggregate initial principal amount of $273 million. In case of termination of transaction, Northwest Natural Holding Company will pay a termination fee of $17 million.
The transaction is expected to close in the first quarter of 2025 subject to customary closing conditions including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. No regulatory approval is needed from the Railroad Commission of Texas to close this transaction. J.P. Morgan Securities LLC acted as financial advisor for Northwest Natural Holding Company. Stoel Rives LLP acted as legal advisor for Northwest Natural Holding Company.
Northwest Natural Holding Company (NYSE:NWN) completed the acquisition of SiEnergy Operating, LLC from SiEnergy, L.P. on January 8, 2025. Annuncio • Nov 20
Northwest Natural Holding Company (NYSE:NWN) agreed to acquire SiEnergy Operating, LLC from SiEnergy, L.P. for $425 million. Northwest Natural Holding Company (NYSE:NWN) agreed to acquire SiEnergy Operating, LLC from SiEnergy, L.P. for $425 million on November 17, 2024. A cash consideration of $273 million will be paid by Northwest Natural Holding Company. As part of consideration, $273 million is paid towards common equity of SiEnergy Operating, LLC and an assumption of $152 million of debt, subject to customary purchase price adjustments. NW Holdings has obtained committed financing to fund the purchase price pursuant to a commitment letter (Commitment Letter) entered into on November 17, 2024, with JPMorgan Chase Bank, N.A., which provides commitments for a 364-day term loan facility (the Bridge Facility) in an aggregate initial principal amount of $273 million. In case of termination of transaction, Northwest Natural Holding Company will pay a termination fee of $17 million.
The transaction is expected to close in the first quarter of 2025 subject to customary closing conditions including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. No regulatory approval is needed from the Railroad Commission of Texas to close this transaction. J.P. Morgan Securities LLC acted as financial advisor for Northwest Natural Holding Company. Stoel Rives LLP acted as legal advisor for Northwest Natural Holding Company. Reported Earnings • Nov 13
Third quarter 2024 earnings released: US$0.71 loss per share (vs US$0.65 loss in 3Q 2023) Third quarter 2024 results: US$0.71 loss per share (further deteriorated from US$0.65 loss in 3Q 2023). Revenue: US$136.9m (down 3.2% from 3Q 2023). Net loss: US$27.2m (loss widened 15% from 3Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Gas Utilities industry in Europe. Annuncio • Oct 22
Northwest Natural Holding Company to Report Q3, 2024 Results on Nov 12, 2024 Northwest Natural Holding Company announced that they will report Q3, 2024 results on Nov 12, 2024 Declared Dividend • Oct 14
Second quarter dividend of US$0.49 announced Shareholders will receive a dividend of US$0.49. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 11
Northwest Natural Holding Company Declares Quarterly Dividend, Payable on November 15, 2024 The Board of Directors of Northwest Natural Holding Company has increased the quarterly dividend to 49 cents per share on the Company’s common stock. The dividend will be paid on November 15, 2024 to shareholders of record on October 31, 2024. The Company's indicated annual dividend rate is $1.96 per share. Annuncio • Sep 05
Northwest Natural Holding Company Appoints Brian Fellon as Its New Vice President, Chief Information Officer/Chief Information Security Officer, Effective from September 23, 2024 NW Natural Holdings has named Brian Fellon as its new vice president, Chief Information Officer/Chief Information Security Officer. Fellon will begin his new role with the company on September 23, 2024. Fellon joins NW Natural after spending the last eight years as an executive at Puget Sound Energy in Bellevue, Wash., where he served as director of applications services, AI and data. Prior to that, Fellon held key IT positions at Eddie Bauer, Recreational Equipment Inc. and Boeing. Fellon received degrees from the University of Washington and Seattle University. Annuncio • Aug 10
Northwest Natural Holding Company has filed a Follow-on Equity Offering in the amount of $200 million. Northwest Natural Holding Company has filed a Follow-on Equity Offering in the amount of $200 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Aug 03
Second quarter 2024 earnings released: US$0.073 loss per share (vs US$0.035 profit in 2Q 2023) Second quarter 2024 results: US$0.073 loss per share (down from US$0.035 profit in 2Q 2023). Revenue: US$211.7m (down 11% from 2Q 2023). Net loss: US$2.79m (down 324% from profit in 2Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Declared Dividend • Jul 15
First quarter dividend of US$0.49 announced Shareholders will receive a dividend of US$0.49. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (83% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 13
Northwest Natural Holding Company to Report Q2, 2024 Results on Aug 02, 2024 Northwest Natural Holding Company announced that they will report Q2, 2024 results on Aug 02, 2024 Annuncio • Jul 12
Northwest Natural Holding Company Declares Quarterly Dividend, Payable on August 15, 2024 The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock. The dividend will be paid on August 15, 2024 to shareholders of record on July 31, 2024. The Company's indicated annual dividend rate is $1.95 per share. Annuncio • May 30
Northwest Natural Holding Company (NYSE:NWN) announces an Equity Buyback for 5,000,000 shares, for $150 million. Northwest Natural Holding Company (NYSE:NWN) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares for a total of $150 million. The program will continue until the program is used, terminated or replaced. Annuncio • May 24
NW Natural Holding Company and NW Natural Gas Company Announces CEO Changes NW Natural Holding Company (NW Natural Holdings) and NW Natural Gas Company (NW Natural) chief executive officer (CEO) David H. Anderson announced his intent to retire on April 1, 2025. The Board of Directors designated Justin B. Palfreyman, president of NW Natural Holdings and NW Natural, as the successor to Anderson. Mr. Anderson remains a director of NW Holdings and NW Natural. Mr. Anderson began serving as NW Natural’s President and CEO in July 2016 and began serving as President and CEO of NW Holdings from its inception in 2018. As of May 2023, as part of the Company’s ongoing succession planning, Mr. Anderson relinquished his position as President but continued to serve as NW Holdings and NW Natural’s Chief Executive Officer. Mr. Anderson previously held positions at NW Natural, including as President and Chief Operating Officer from August 2015 to July 2016, as Executive Vice President and Chief Operating Officer from February 2014 to July 2015, as Executive Vice President of Operations and Regulation from February 2013 to February 2014, and as Senior Vice President and Chief Financial Officer from when he joined NW Natural in 2004 to February 2013. Before joining NW Natural, Mr. Anderson was Senior Vice President and Chief Financial Officer at TXU Gas. He previously held executive positions within TXU Corporation (formerly Texas Utilities) including Senior Vice President and Chief Accounting Officer, and Vice President of Investor Relations and Shareholder Services. Mr. Anderson currently serves as Chair of the Board for all of NW Holdings’ and NW Natural’s wholly owned subsidiaries. Mr. Anderson holds a Bachelor of Business Administration in Accounting from Texas Tech University and is a retired Certified Public Accountant and Chartered Global Management Accountant. Mr. Palfreyman, who is 45, was appointed President of NW Holdings and NW Natural in May 2023. Mr. Palfreyman previously held the position of Senior Vice President, Strategy and Business Development of NW Natural since February 2023. Prior to that he was Vice President, Strategy and Business Development of NW Natural from February 2017 to 2023 and Vice President, Business Development of NW Natural from 2016 to February 2017. Prior to joining NW Natural, Mr. Palfreyman was a Director in the Power, Energy and Infrastructure Group at Lazard, Freres & Co. from 2009 to 2016 and previously worked in the Infrastructure Investment Banking Group at Goldman Sachs. He has also held various positions in finance, strategy and business development at both Apex Learning and Accenture in Seattle, Washington. Mr. Palfreyman is also President and a member of the Board of NW Holdings’ wholly owned subsidiary, NW Natural Water Company, LLC and its subsidiaries, as well as of NW Natural’s wholly owned subsidiary NW Natural RNG Holding Company, LLC, and its subsidiaries. He also serves as a member of the Board of NW Holdings’ wholly owned subsidiary, NW Natural Renewables Holdings, LLC and its subsidiaries. Mr. Palfreyman graduated from Pacific Lutheran University with a Bachelor of Business Administration. He also holds a Master of Business Administration from The University of Chicago Booth School of Business and a Master of Public Policy from The University of Chicago Irving B. Harris School of Public Policy. Annuncio • May 08
Northwest Natural Holding Company Provides Earnings Guidance for the Second, Third, Fourth Quarter and Full Year 2024 Northwest Natural Holding Company provided earnings guidance for the second, third, fourth quarter and full year 2024. For the Second quarter to be a loss in the range of -$0.08 to -$0.16, For the third quarter to be a loss in the range of -$0.74 to -$0.86. For the fourth quarter to be earnings in the range of $1.43 to $1.63. For the year, company expects earnings guidance in the range of $2.20 to $2.40 per share. 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. Reported Earnings • May 06
First quarter 2024 earnings released: EPS: US$1.70 (vs US$2.01 in 1Q 2023) First quarter 2024 results: EPS: US$1.70 (down from US$2.01 in 1Q 2023). Revenue: US$433.5m (down 6.3% from 1Q 2023). Net income: US$63.8m (down 11% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Upcoming Dividend • Apr 25
Upcoming dividend of US$0.49 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%). Declared Dividend • Apr 14
Fourth quarter dividend of US$0.49 announced Shareholders will receive a dividend of US$0.49. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 5.4%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 12
Northwest Natural Holding Company Declares Quarterly Dividend, Payable on May 15, 2024 The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock. The dividend will be paid on May 15, 2024 to shareholders of record on April 30, 2024. The Company's indicated annual dividend rate is $1.95 per share. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$2.59 (vs US$2.54 in FY 2022) Full year 2023 results: EPS: US$2.59 (up from US$2.54 in FY 2022). Revenue: US$1.20b (up 15% from FY 2022). Net income: US$93.9m (up 8.8% from FY 2022). Profit margin: 7.8% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Gas Utilities industry in Europe. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Sandi McDonough was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jan 23
Upcoming dividend of US$0.49 per share at 5.0% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 February 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.4%). Annuncio • Jan 13
Northwest Natural Holding Company to Report Q4, 2023 Results on Feb 23, 2024 Northwest Natural Holding Company announced that they will report Q4, 2023 results on Feb 23, 2024 Annuncio • Jan 12
Northwest Natural Holding Company Announces Quarterly Dividend, Payable on February 15, 2024 The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock. The dividend will be paid on February 15, 2024 to shareholders of record on January 31, 2024. The Company's indicated annual dividend rate is $1.95 per share. Buying Opportunity • Dec 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.0%. The fair value is estimated to be €45.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 5.2%. For the next 3 years, revenue is forecast to decline by 0.2% per annum. Earnings is forecast to grow by 6.2% per annum over the same time period. Reported Earnings • Nov 04
Third quarter 2023 earnings released: US$0.65 loss per share (vs US$0.56 loss in 3Q 2022) Third quarter 2023 results: US$0.65 loss per share (further deteriorated from US$0.56 loss in 3Q 2022). Revenue: US$141.5m (up 21% from 3Q 2022). Net loss: US$23.7m (loss widened 21% from 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.0% decline forecast for the Gas Utilities industry in Europe. Upcoming Dividend • Oct 23
Upcoming dividend of US$0.49 per share at 4.9% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (5.3%). Buying Opportunity • Oct 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be €46.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 7.1%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings is also forecast to grow by 5.1% per annum over the same time period. Annuncio • Oct 14
Northwest Natural Holding Company to Report Q3, 2023 Results on Nov 03, 2023 Northwest Natural Holding Company announced that they will report Q3, 2023 results on Nov 03, 2023 Annuncio • Oct 13
Northwest Natural Holding Company Increases Quarterly Dividend, Payable on November 15, 2023 The Board of Directors of Northwest Natural Holding Company has increased the quarterly dividend to 48.75 cents per share on the Company’s common stock. The dividend will be paid on November 15, 2023 to shareholders of record on October 31, 2023. The Company's indicated annual dividend rate is $1.95 per share. Buying Opportunity • Sep 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.1%. The fair value is estimated to be €46.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 7.1%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings is also forecast to grow by 5.1% per annum over the same time period. Buying Opportunity • Aug 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.3%. The fair value is estimated to be €45.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 7.1%. For the next 3 years, revenue is forecast to decline by 0.6% per annum. Earnings is forecast to grow by 5.1% per annum over the same time period. Annuncio • Aug 04
Northwest Natural Holding Company Reaffirms Earnings Guidance for 2023 Northwest Natural Holding Company reaffirmed earnings guidance for 2023. The company is reaffirming the earnings guidance in the range of $2.55 to $2.75. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.034 (vs US$0.05 in 2Q 2022) Second quarter 2023 results: EPS: US$0.034 (down from US$0.05 in 2Q 2022). Revenue: US$237.9m (up 22% from 2Q 2022). Net income: US$1.24m (down 28% from 2Q 2022). Profit margin: 0.5% (down from 0.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.4% decline forecast for the Gas Utilities industry in Europe. Upcoming Dividend • Jul 21
Upcoming dividend of US$0.48 per share at 4.4% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.7%). Annuncio • Jul 15
Northwest Natural Holding Company to Report Q2, 2023 Results on Aug 03, 2023 Northwest Natural Holding Company announced that they will report Q2, 2023 results on Aug 03, 2023 Annuncio • Jul 14
Northwest Natural Holding Company Declares Quarterly Dividend, Payable on August 15, 2023 The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 48.5 cents per share on the Company's common stock. The dividend will be paid on August 15, 2023 to shareholders of record on July 31, 2023. The Company's indicated annual dividend rate is $1.94 per share. Annuncio • May 27
Northwest Natural Holding Company Announces Executive Changes The Boards of Directors of NW Natural Holding Company and NW Natural Gas Company announced they have approved a number of senior management promotions effective May 25, 2023. Justin B. Palfreyman has been appointed president of NW Natural Holdings and NW Natural. David H. Anderson remains chief executive officer of NW Natural Holdings and NW Natural. Over the last seven years, Justin has demonstrated exceptional leadership skills and that he has the experience and talent to add great value to NW Natural’s core operations, customers and shareholders while helping to set the course for the company’s future. Justin will now be responsible for the bulk of day-to-day operations of the company and will continue to report directly to David H. Anderson. Previously, Palfreyman served as NW Natural's senior vice president, strategy and business development since February 2023, and vice president of strategy since 2017 and business development since joining NW Natural in 2016. In addition, Palfreyman remains president of NW Natural Water, a position he has held since 2018. Prior to joining the company, Palfreyman served as a director in the Power, Energy & Infrastructure Group for Lazard, Freres & Co. and worked in the Infrastructure Investment Banking Group at Goldman Sachs in New York. Palfreyman currently serves as president of the Board of CASA for Children. He graduated from Pacific Lutheran University with a Bachelor of Business Administration. He also holds a Master of Business Administration (MBA) from The University of Chicago Booth School of Business and a Master of Public Policy (MPP) from The University of Chicago Irving B. Harris School of Public Policy. The board approved three additional senior management promotions. Frank H. Burkhartsmeyer, Senior Vice President and Chief Financial Officer was promoted to executive vice president strategy and business development and remains the chief financial officer of NW Natural Holdings and NW Natural. Burkhartsmeyer has been with the company since 2017 and will continue reporting to Anderson. Prior to that, Burkhartsmeyer served as president and CEO of Avangrid Renewables and senior vice president of finance at Iberdrola Renewables Holdings US. Annuncio • May 05
Northwest Natural Holding Company Reaffirms Earnings Guidance for 2023 Northwest Natural Holding Company reaffirmed earnings guidance for 2023. The company expects the earnings guidance in the range of $2.55 to $2.75. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$2.01 (vs US$1.80 in 1Q 2022) First quarter 2023 results: EPS: US$2.01 (up from US$1.80 in 1Q 2022). Revenue: US$462.4m (up 32% from 1Q 2022). Net income: US$71.7m (up 27% from 1Q 2022). Profit margin: 16% (in line with 1Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Upcoming Dividend • Apr 20
Upcoming dividend of US$0.48 per share at 4.1% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 15 May 2023. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.4%).