secwatch.observer — SEC 8-K summary
======================================

Issuer:     Northwest Natural Holding Co (NWN)
CIK:        0001733998
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001733998-24-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NWN reports FY 2023 net income $93.9M ($2.59/sh); Q4 down; FY24 guidance $2.20-$2.40
--------------------------------------------------------------------------------

- Full year 2023 net income $93.9M ($2.59/sh) vs $86.3M ($2.54/sh) in 2022; Q4 net income $44.6M ($1.21/sh) down from $47.9M ($1.36/sh).
- Initiated 2024 EPS guidance $2.20-$2.40; reaffirmed long-term EPS growth target 4%-6% from 2022 base of $2.54.
- Filed Oregon general rate case requesting $154.9M annual revenue increase; new rates expected effective Nov. 1, 2024.
- Signed exclusive rights to construct and operate RNG facility at WM's East Wenatchee landfill for 20-year supply starting late 2025.
- Invested $327.3M in utility capex; added 15,000+ gas and water connections; dividend raised for 68th year to $1.95 annual rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1733998/000173399824000007/0001733998-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73020/000173399824000007/nwn-20240223.htm
  HTML page:      https://secwatch.observer/filing/0001733998-24-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer