Highest-materiality recent filing
NWN and subsidiary raise $195M through senior note placements
Parent NWN issued $50M Series E (5.35%, due 2031); agreed to issue $10M Series F (5.35%, 2031) and $60M Series G (5.83%, 2036).
NWN shareholders elect three directors, approve say-on-pay, ratify PwC
David H. Anderson, Peter J. Bragdon, Nathan I. Partain elected Class III directors for three-year terms.
NW Natural Holdings Q1 EPS $2.33 beats $2.28 adjusted YoY; reaffirms FY26 guidance $2.95-$3.15
Net income $97.5M ($2.33 EPS) vs $87.9M ($2.18 EPS) in Q1 2025; adjusted EPS $2.33 vs $2.28.
NWN files $20.1M WA rate case settlement; lower than initial request
Stipulation with WUTC staff and intervenors provides $20.1M (Y1), $7.7M (Y2), $8.7M (Y3) revenue increases.
Record adjusted EPS $2.93, up from $2.33 in 2024; Q4 adjusted EPS $1.39 vs $1.41.
NW Natural issues $200M in first mortgage bonds across two tranches
$75M of 5.13% Series due 2036, $125M of 5.90% Series due 2055 issued Dec 16, 2025.
NW Natural Holdings appoints Megan Berge as General Counsel; Saathoff to retire April 2026
MardiLyn Saathoff, current General Counsel, to retire April 1, 2026 after nearly 18 years with the company.
Q3 2025 net loss $29.9M ($0.73/shr) vs net loss $27.2M ($0.71/shr) in Q3 2024.
OPUC approves NW Natural rate case with $20.7M revenue increase, effective Oct 31
Final order on Oct 24 approves stipulations; revenue increase of $20.7M over existing rates.
NW Natural files multi-year Washington rate increase request totaling $42.5M over three years
Filed general rate increase with WUTC on Aug 29, 2025; covers ~98,000 customers (12% of total).
NWN subsidiary SiEnergy issues $185M in senior notes across three tranches
SiEnergy issues $50M 4.86% Series A notes due 2030, $40M 5.42% Series B due 2035, $95M 6.04% Series C due 2055.
NW Natural Holdings Q2 net loss narrows; reaffirms adjusted EPS guidance $2.75-$2.95
Q2 net loss $0.06 per share; adjusted net income $0.01 per share (vs net loss $0.07 in Q2 2024).
NW Holdings amends bylaws to update shareholder meeting procedures and advance notice deadlines
Advance notice deadline for proposals set to 120-90 days before anniversary of prior annual meeting.
NW Natural Holdings appoints Peter Bragdon to Board; Dave Drinkward to subsidiary board
Peter Bragdon appointed to NW Holdings and NW Natural boards effective July 12, 2025; board size increased to 11.
NW Natural files stipulation for $21.3M rate hike vs originally requested $59.4M
Stipulation reduces requested annual revenue increase from $59.4M to $21.3M, including $4.8M for updated depreciation.
NWN board reduced to 10 after three directors retire; LTIP share pool increased to 2.25M
Directors Boyle, McCurdy, and Thrasher retired; board cut from 13 to 10 members.
NW Natural Holdings Q1 adj EPS $2.28, up 35% YoY; signs $60M Texas gas utility acquisition
Q1 adj EPS $2.28 vs $1.69; net income $87.9M (+$24.1M YoY) on stronger utility and renewables.
NWN issues $325M junior subordinated debentures due 2055 at 7.0% initial coupon
Issued $325M principal of junior subordinated debentures due September 15, 2055.
NW Natural Holdings 2024 adj EPS $2.33; guides 2025 $2.75-$2.95; closes SiEnergy deal
2024 GAAP net income $78.9M ($2.03/sh); adjusted $90.6M ($2.33/sh), down from $2.59/sh in 2023.
Kim Rush named President of NW Natural effective April 1, 2025
Kimberly H. Rush elected President of NW Natural; previously SVP & COO since 2023.
NW Natural Holdings completes acquisition of SiEnergy for $271.1M cash + $156.1M debt
Acquired SiEnergy Operating, LLC for ~$271.1M cash plus assumption of ~$156.1M debt; closed Jan 7, 2025.
NW Natural Holdings borrows $50M senior unsecured term loan due April 2026
$50M term loan borrowed Jan 6, 2025, due April 6, 2026; proceeds for working capital and general corporate purposes.
NW Natural files $59.4M Oregon rate case; extends credit facilities to 2027
NW Natural subsidiary filed Oregon rate case requesting $59.4M annual revenue increase (~5.79% above current rates).
NWN issues $135M in senior notes at 5.52% and 5.86% due 2029 and 2034
$90M of 5.52% Senior Notes Series C due December 19, 2029.
NW Natural Holdings to acquire SiEnergy for $273M cash + $152M debt
Total consideration ~$425M; expected close Q1 2025, subject to HSR review.
NW Natural Holdings reports Q3 net loss $27.2M, reaffirms FY 2024 EPS guidance $1.94-$2.14
Q3 net loss $27.2M ($0.71/sh) vs loss $23.7M ($0.65/sh) YoY; nine-month net income $33.9M ($0.88/sh) vs $49.2M ($1.37/sh).
OPUC approves $93.3M rate increase; $13.7M charge leads to guidance cut
OPUC approved a $93.3M revenue requirement increase, down from $154.9M requested.
Mary E. Ludford appointed to NWN Board as Class III director, effective Aug 19, 2024
Mary E. Ludford elected to NW Holdings Board as Class III director, term expiring at 2025 Annual Meeting.
NW Natural Holdings appoints Raymond Kaszuba as SVP & CFO effective Aug 31, 2024
Raymond Kaszuba III named SVP & CFO of NW Natural Holdings and NW Natural, effective August 31, 2024.
Northwest Natural files new S-3 shelf and $200M ATM equity program
New S-3 registration (333-281437) filed Aug 9, 2024, replacing expiring prior S-3.
NW Natural Holdings Q2 net loss $2.8M, reaffirms FY2024 EPS guidance $2.20-$2.40
Q2 net loss of $2.8M ($0.07/share) vs net income $1.2M ($0.03) in Q2 2023.
NW Natural settles Oregon rate case for $95M revenue increase, down from $154.9M request
Stipulation filed with OPUC provides $95.0M annual revenue increase, including $9.6M for updated depreciation study.
NW Holdings authorizes $150M share buyback; shareholders reelect directors
Board authorized new share repurchase program for up to 5M shares or $150M, replacing prior $100M program that bought 2.1M shares for $83.3M.
CEO David H. Anderson retiring effective April 1, 2025; he led the company since 2016.
NWN Q1 EPS $1.69 down 11% YoY; reaffirms 2024 EPS guidance $2.20-$2.40
Net income $63.8M ($1.69/diluted share) vs $71.7M ($2.01) in Q1 2023, down $7.8M.
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).
NW Natural enters $100M uncommitted LC facility for Washington cap-and-invest program
NW Natural entered into an uncommitted LC facility; aggregate LCs limited to $100M per Oregon PUC authorization.
NW Natural files $154.9M Oregon rate increase request; new rates target Nov 2024
Requested annual revenue increase of $154.9M based on 10.1% ROE, 50% equity capital structure, and $2.14B average rate base.
Northwest Natural enters $150M note purchase agreement at 5.78% and 5.84%
$100M 5.78% Series A Senior Notes due March 7, 2028 and $50M 5.84% Series B due March 7, 2029.
NW Natural Holdings reports Q3 net loss $0.65/share, reaffirms FY2023 EPS guidance $2.55-$2.75
Q3 net loss $23.7M ($0.65) vs loss $19.6M ($0.56) YoY; YTD net income $49.2M ($1.37) up from $38.4M ($1.14).
Northwest Natural Gas issues $130M in First Mortgage Bonds in two series due 2034 and 2038
Issued $80M of 5.18% First Mortgage Bonds due 2034 and $50M of 5.23% Bonds due 2038 to institutional investors.
NW Natural Holdings Q2 net income $1.2M ($0.03/shr); reaffirms FY23 guidance $2.55-$2.75
Q2 net income $1.2M ($0.03/shr) vs $1.7M ($0.05/shr) in Q2 2022; down 27% YoY.
CFO resigns, interim CFO appointed at Northwest Natural Holding (NWN)
Frank H. Burkhartsmeyer resigned as EVP, Strategy & Business Development and CFO effective July 28, 2023; will stay through Aug. 18 for transition.
Northwest Natural Holding reports 2023 annual meeting shareholder vote results
All three Class III director nominees (Anderson, Lee, Partain) elected with >25.8M votes each.
NW Natural Holdings appoints Justin Palfreyman as President; Anderson remains CEO
Justin Palfreyman named President of NW Natural Holdings and NW Natural Gas, effective May 25, 2023.
NW Natural Holdings Q1 net income up 27.5% to $71.7M; reaffirms FY23 EPS guidance
Q1 net income $71.7M ($2.01 diluted EPS) vs $56.2M ($1.80) a year ago.
Net income $86.3M ($2.54 per share) for 2022, up 10% from $78.7M ($2.56 per share) in 2021; EPS down slightly due to share issuance.
Northwest Natural Gas Co. issues $100M of 5.43% First Mortgage Bonds due 2053
Issued $100M aggregate principal of First Mortgage Bonds, 5.43% Series due January 6, 2053.
NW Natural issues $230M in first mortgage bonds across three series with rates 5.18%-5.43%
$100M 5.43% Series due 2053, $80M 5.18% Series due 2034, $50M 5.23% Series due 2038.
NW Natural Holdings reports narrower Q3 net loss; reaffirms 2022 EPS guidance $2.45-$2.65
Q3 2022 net loss $19.6M ($0.56/share) vs $20.7M loss ($0.67/share) in Q3 2021.
Timothy P. Boyle and Honorable Dave McCurdy, members of the Board of Directors (Board) of Northwest Natural Holding Company (Company or NW Holdings), each retired from the Board and all committees thereof effective upon the adjournment of the 2025 Annual Meeting of Shareholders of the Company held on May 22, 2025 (2025 Annual Meeting).
Director Kenneth Thrasher additionally departed from the Board of Directors of the Company upon the expiration of his term at the 2025 Annual Meeting.
Timothy P. Boyle and Honorable Dave McCurdy, members of the Board of Directors (Board) of Northwest Natural Holding Company (Company or NW Holdings), each retired from the Board and all committees thereof effective upon the adjournment of the 2025 Annual Meeting of Shareholders of the Company held on May 22, 2025 (2025 Annual Meeting).
the Board of Directors (Board) of NW Natural, on December 12, 2024, elected Kimberly H. Rush to the position of President of NW Natural, effective April 1, 2025.
On August 19, 2024, the Board elected Ms. Mary E. Ludford to the Board of Directors of Northwest Natural Holding Company (NW Holdings or the Company), as a Class III director effective as of such date, for a term expiring at the Company’s 2025 Annual Meeting of Shareholders.
On August 9, 2024, the Boards of Directors (Boards) of Northwest Natural Holding Company (NW Holdings) and Northwest Natural Gas Company (NW Natural) elected Raymond Kaszuba III, to the position of Senior Vice President and Chief Financial Officer of NW Holdings and NW Natural, effective August 31, 2024.
Effective August 31, 2024, the Boards of NW Holdings and NW Natural have reappointed Mr. Brody J. Wilson to the positions of Vice President, Treasurer, Controller and Chief Accounting Officer.
the Boards of NW Holdings and NW Natural designated Mr. Justin B. Palfreyman, President of NW Holdings and NW Natural, as successor to the office of CEO of NW Holdings and NW Natural, upon Mr. Anderson’s retirement.
David H. Anderson, Chief Executive Officer (CEO) of Northwest Natural Holding Company (NW Holdings) and Northwest Natural Gas Company (NW Natural) informed the Board at its May 23, 2024 meeting of his decision to retire from his position as CEO of NW Holdings and NW Natural effective April 1, 2025.
Effective July 28, 2023, the Board of Directors of the Company appointed Brody J. Wilson as interim Chief Financial Officer of NW Holdings and NW Natural in addition to his current roles.
Effective July 28, 2023, Frank H. Burkhartsmeyer, Executive Vice President, Strategy and Business Development and Chief Financial Officer of Northwest Natural Holding Company (NW Holdings) and its wholly owned subsidiary, Northwest Natural Gas Company (NW Natural), voluntarily resigned his officer positions with NW Holdings and NW Natural.
Mr. Justin B. Palfreyman, who is 44, was appointed President of NW Holdings and NW Natural.
Max materiality 0.75 · Median 0.60 · Most common event earnings