secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001692115-26-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas Q1 EPS $1.91 from cont ops; files $172M in rate cases; Great Basin oversubscribed
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- Net income from cont ops $138.4M ($1.91 diluted EPS) vs $134.3M ($1.86) in prior year; affirmed FY 2026 guidance.
- Filed Arizona rate case requesting $101M revenue increase (expected Apr 2027) and Nevada case $71M (expected Oct 2026).
- Great Basin open season received expressions of interest for 2.5 Bcf/d, significantly oversubscribing 0.3 Bcf/d capacity; base capital $1.7B unchanged.
- Quarterly dividend raised 4% to $0.645 per share; cash on hand $484.8M, liquidity ~$1.2B.
- Utility ROE 8.5% for twelve months ended March 2026; delayed California rate case decision temporarily impacted Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000169211526000086/0001692115-26-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000169211526000086/swx-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001692115-26-000086

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