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Stock impact report

Southwest Gas Benefits From Investments & Expanding Customer Base [Yahoo! Finance]

Southwest Gas Holdings, Inc. (DE) (SWX) 
Last southwest gas holdings, inc. (de) earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.swgasholdings.com
Company Research Source: Yahoo! Finance
The company also gains from replacing and improving its old pipelines. Consistent customer growth also acts as a tailwind. However, this Zacks Rank #3 (Hold) company faces risks related to its dependence on interstate pipelines for natural gas transportation. Factors Favoring SWX Southwest Gas strategically plans its investments to meet the growing demand for safe, reliable and affordable energy solutions. The company expects a capital investment of $2.4 billion in 2024-2026. A substantial amount of the planned investment will be utilized for pipeline replacement activities, allowing it to efficiently serve its expanding customer base. The company's natural gas operations have a diversified and growing customer base in three states, namely Arizona, Nevada and California. Owing to strong economic growth across its service areas, the company installed 41,000 first-time meter sets in the 12 months ended on Sept. 30, 2024. The ongoing increase in the customer base should drive dem Show less Read more
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