---
schema_version: "secwatch.filing_event.v1"
accession: "0001733998-23-000013"
form_type: "8-K"
ticker: "NWN"
cik: "0001733998"
company_name: "Northwest Natural Holding Co"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:29:00.530303+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NW Natural Holdings Q1 net income up 27.5% to $71.7M; reaffirms FY23 EPS guidance

## Summary
- Q1 net income $71.7M ($2.01 diluted EPS) vs $56.2M ($1.80) a year ago.
- Added ~8,100 natural gas meters in last 12 months, growth rate 1.0%.
- Dakota City RNG facility commenced operations in April 2023.
- NW Natural Water launched O&M services business; to add 15K connections.
- Quarterly dividend declared at $0.485/share ($1.94 annual); reaffirmed FY23 EPS guidance $2.55-$2.75.

## SEC filing metadata
- accession: 0001733998-23-000013
- form_type: 8-K
- ticker: NWN
- cik: 0001733998
- company_name: Northwest Natural Holding Co
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1733998/000173399823000013/0001733998-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73020/000173399823000013/nwn-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001733998-23-000013
- JSON: https://secwatch.observer/filing/0001733998-23-000013.json
- Plain text: https://secwatch.observer/filing/0001733998-23-000013.txt

## Key facts
- Earnings Releases
  Northwest Natural Holding Co reported the quarter ended March 31, 2023 results: net income $71.7 million, EPS $2.01 per share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Net income: $71.7 million
  - EPS: $2.01 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: reported financial results and highlights including: • Reported net income of $71.7 million ($2.01 per share) for the first three months of 2023, compared to earnings of $56.2 million ($1.80 per share) for the same period in 2022 • Added nearly 8,100 natural gas meters in the last 12 months for a growth rate of 1.0% as of March 31, 2023 • Completed construction on Dakota City renewable natural gas (RNG) facility, which is designed to provide environmental attributes on behalf of NW Natural customers • Broadening its scope, NW Natural Water launched an operations & maintenance service business • Honored as one of the 2023 World's Most Ethical Companies® by Ethisphere for the second year in a row 1 • Reaffirmed 2023 earnings guidance in the range of $2.55 to $2.75 per share and our long-term earnings per share growth rate target of 4% to 6% compounded annually from 2022 through 2027
  evidence_url: https://www.sec.gov/Archives/edgar/data/1733998/000173399823000013/0001733998-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.