Northwest Natural Gas CoCompany raises 2026 EPS guidance to top half of range, citing strong performance and cost management.

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.
Northwest Natural Gas CoCompany raises 2026 EPS guidance to top half of range, citing strong performance and cost management.