Recent Updates — SWX
Southwest Gas Holdings reported second quarter and six-month financial results for the period ended June 30, 2026. Consolidated diluted earnings per share from continuing operations were $0.58 for the quarter and $2.49 for the first half of the year, compared to a loss of $0.01 and income of $1.85 in the prior-year periods, respectively. The company reaffirmed its 2026 earnings per share guidance range of $4.17 to $4.32 and capital expenditure estimates of approximately $1.25 billion. Management highlighted a constructive California regulatory outcome providing roughly $40 million in incremental annual revenue and secured binding commitments for the Great Basin 2028 Expansion Project, which now totals approximately 1 billion cubic feet per day of contracted demand with an estimated capital investment of $2.3 billion. Southwest Gas Holdings operates as a natural gas distribution utility serving customers across Arizona, Nevada, and California.