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Stock impact report

NW Natural Holdings Reports Fourth Quarter and Full Year 2024 Results

Northwest Natural Holding Company (NWN) 
Last northwest natural holding company earnings: 8/6 06:00 am Check Earnings Report
US:NYSE Investor Relations: nwnatural.com/aboutnwnatural
Company Research Source: Business Wire
Initiated 2025 earnings guidance and reaffirmed long-term EPS growth rate target of 4-6% PORTLAND, Ore.--(BUSINESS WIRE)--Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) reported financial results and highlights including:Reported net income of $2.03 per share and achieved adjusted earnings1 of $2.33 per share for 2024, compared to net income of $2.59 per share for 2023, a decline primarily due to regulatory lag for the first 10 months of 2024 until new Oregon gas utility rates were effective on Nov. 1, 2024Acquisition of SiEnergy, a high-growth gas utility located in Texas, signed and announced in November 2024 and subsequently closed in January 2025Invested $394.4 million in our utility systems to support greater reliability and resiliencyAdded nearly 10,000 gas and water utility connections in the last 12 months for a combined growth rate of 1.1% as of Dec. 31, 2024, mainly driven by organic customer growth from all utilitiesClosed Puttman/ICH water acquisiti Show less Read more
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