earnings
confidence high
sentiment positive
materiality 0.75
NW Natural Holdings Q1 adj EPS $2.28, up 35% YoY; signs $60M Texas gas utility acquisition
Northwest Natural Holding Co
2025-Q1 EPS reported
$2.18
revenue$494,284,000
- Q1 adj EPS $2.28 vs $1.69; net income $87.9M (+$24.1M YoY) on stronger utility and renewables.
- Signed agreement to acquire Hughes Gas Resources from EPCOR USA for $60M; est rate base ~$46M at YE 2025.
- Reaffirmed 2025 adj EPS guidance $2.75-$2.95; updated GAAP guidance $2.65-$2.85; long-term EPS growth 4-6%.
- Added ~84K utility connections in 12 mos (9.6% growth); SiEnergy integration on track with Q1 growth targets met.
- Invested $102M in gas/water systems Q1; Oregon customers received $15M bill credits from storage optimization.