Southwest Gas Holdings Reports Higher Third-Quarter Net Income
Reuters
Nov 05, 2025
<a href="https://laohu8.com/S/SWX">Southwest Gas</a> Holdings Reports Higher Third-Quarter Net Income
Southwest Gas Holdings Inc. reported net income from continuing operations of $4.2 million for the third quarter ended September 30, 2025, an increase of $13.4 million compared to the same period in 2024. Total net income rose by $4.9 million, primarily driven by customer growth and regulatory improvements to operating margin, as well as lower interest expense on debt. For the nine months ended September 30, 2025, net income from continuing operations increased by $30.9 million year-over-year, reaching $134.1 million. The company completed its full separation from Centuri, generating approximately $879 million in net proceeds from the sale of its remaining shares, and fully repaid its term loan and bank debt. Southwest Gas Holdings noted that its S&P credit ratings were upgraded to BBB+ and that year-to-date utility net income improved by 11 percent. The company plans to file rate cases in Arizona and Nevada early next year and expects updated rates to take effect in California in January.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southwest Gas Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA15672) on November 05, 2025, and is solely responsible for the information contained therein.
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