Northwest Natural expects 2026 EPS in top half of $2.95–$3.15 range

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Northwest Natural Holdings said it expects 2026 earnings per share to land in the top half of its previously issued $2.95 to $3.15 guidance range, citing stronger-than-expected first-half performance, increased visibility into the second half and continued cost management. The company reported second-quarter EPS of $0.01, unchanged from a year earlier, and year-to-date EPS of $2.33. In Washington, regulators approved more than 80% of its requested revenue increase, while SiEnergy, its Texas gas utility, posted organic customer growth exceeding 15%. The $300 million MX3 gas-storage project remains on schedule despite an appeal, with notice to proceed expected by 2027 and in-service operations targeted for 2029, and 2026 capital spending is projected at $500 million to $550 million.

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Utilities▲ · 1 stocks
Northwest Natural Gas Co
NWN
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Company raises 2026 EPS guidance to top half of range, citing strong performance and cost management.