Northwest Natural Holding (NWN)

Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) is headquartered in Portland, Oregon and has been doing business for more than 160 years. It owns Northwest Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), and other business interests and activities. NW Natural is a local distribution company that currently provides natural gas service to approximately 2.5 million people in more than 140 communities through nearly 770,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation. NW Natural consistently leads the industry with high J.D. Power & Associates customer satisfaction scores. NW Natural owns and operates 20 Bcf of underground gas storage capacity in Oregon. NW Natural Water provides water distribution and wastewater services to communities throughout the Pacific Northwest and Texas. NW Natural Water currently serves approximately 65,000 people through about 26,000 connections.

Company profile

Ticker

NWN

Exchange

NYSE

Website

www.nwnatural.com

CEO

David Hugo Anderson

Incorporated

Oregon

Location

Oregon

Fiscal year end

Dec 31

Sector

Utilities > Natural Gas Distribution

Industry (SIC)

Natural Gas Distribution

Atmos Energy • National Fuel Gas • Piedmont Natural Gas • Washington Gas Light • ONE Gas • Northwest Natural Holding • New Jersey Resources • Excelerate Energy • South Jersey Industries • Cheniere Energy Partners ...

SEC CIK

0000073020

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

an Oregon Corporation • Northwest Natural Gas Company • Northwest Energy • NW Natural RNG Holding Company • Lexington Renewable Energy • Dakota City Renewable Energy • NW Natural Energy, LLC • NW Natural Gas Storage, LLC • NNG Financial Corporation • Northwest Biogas, LLC ...

IRS number

930256722

NWN stock data

1M 1Y 5Y

Calendar

4 Aug 22

20 Aug 22

31 Dec 22

Financial summary

Financial statements Chart NWN financial data

Quarter (USD)	Dec 21	Sep 21	Jun 21	Mar 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	27.12M	27.12M	27.12M	27.12M	27.12M	27.12M
Cash burn (monthly)	184K	694.5K	(no burn)	(no burn)	7.12M	(no burn)
Cash used (since last report)	1.41M	5.32M	n/a	n/a	54.52M	n/a
Cash remaining	25.71M	21.8M	n/a	n/a	-27.4M	n/a
Runway (months of cash)	139.7	31.4	n/a	n/a	-3.8	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2022

NWN institutional ownership history Ownership history

0.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	2	–
Opened positions	0	0
Closed positions	0	0
Increased positions	1	1	–
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	1.42B	1.27B	+12.3%
Total shares	35.56K	36.56K	-2.7%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Cascade Investment Advisors	27.54K	$1.42B	+5.9%
Mengis Capital Management	8.02K	$414K	-24.1%

Largest transactions	Shares	Bought/sold	Change
Mengis Capital Management	8.02K	-2.55K	-24.1%
Cascade Investment Advisors	27.54K	+1.55K	+5.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

GAS RESERVES. In 2011, the OPUC approved the Encana gas reserves transaction to provide long-term gas price protection for NGD business customers and determined costs under the agreement would be recovered on an ongoing basis through the annual PGA mechanism. Gas produced from NW Natural's interests is sold at then prevailing market prices, and revenues from such sales, net of associated operating and production costs and amortization, are included in cost of gas. The cost of gas, including a carrying cost for the rate base investment made under the original agreement, is included in NW Natural's annual Oregon PGA filing, which allows NW Natural to recover these costs through customer rates. The net investment under the original agreement earns a rate of return.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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