NWN Northwest Natural Holding
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
Website
CEO
David Hugo Anderson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
930256722
NWN stock data
()
Calendar
5 May 21
30 Jul 21
31 Dec 21
Financial summary
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Jun 20 | Mar 20 | Sep 19 | Jun 19 | |
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Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 137.06M | 137.06M | 137.06M | 137.06M | 137.06M | 137.06M |
| Cash burn (monthly) | 111.34M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 1.45B | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | -1.31B | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -11.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
0.1% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 2 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 2 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 961.77M |
| Total shares | 34.84K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Cascade Investment Advisors | 17.81K | $960.85M |
| Mengis Capital Management | 17.03K | $918K |
| IFP Advisors | 0 | $0 |
Financial report summary
?Management Discussion
- For additional information, see Part II, Item 7 "Results of Operations—Regulatory Matters" in the 2020 Form 10-K.
- NATURAL GAS DISTRIBUTION. NW Natural's natural gas distribution business is subject to regulation by the OPUC and WUTC with respect to, among other matters, rates and terms of service, systems of accounts, and issuances of securities by NW Natural. At March 31, 2021, approximately 88% of NGD customers were located in Oregon, with the remaining 12% in Washington. Earnings and cash flows from natural gas distribution operations are largely determined by rates set in general rate cases and other proceedings in Oregon and Washington. They are also affected by weather, the local economies in Oregon and Washington, the pace of customer growth in the residential, commercial, and industrial markets, and NW Natural's ability to remain price competitive, control expenses, and obtain reasonable and timely regulatory recovery of its natural gas distribution-related costs, including operating expenses and investment costs in plant and other regulatory assets. See "Most Recent Completed General Rate Cases" below.
- MIST INTERSTATE GAS STORAGE. NW Natural's interstate storage activity at Mist is subject to regulation by the OPUC, WUTC, and the Federal Energy Regulatory Commission (FERC) with respect to, among other matters, rates and terms of service. The OPUC also regulates the intrastate storage services at Mist, while FERC regulates the interstate storage services at Mist. The FERC uses a maximum cost of service model which allows for gas storage prices to be set at or below the cost of service as approved by each agency in their last regulatory filing. The OPUC Schedule 80 rates are tied to the FERC rates, and are updated whenever NW Natural modifies FERC maximum rates.
Content analysis
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Financial reports
10-Q
2021 Q1
Quarterly report
5 May 21
10-K
2020 FY
Annual report
26 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
9 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
5 Nov 19
10-Q
2019 Q2
Quarterly report
6 Aug 19
10-Q
2019 Q1
Quarterly report
7 May 19
10-K
2018 FY
Annual report
28 Feb 19
Current reports
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
13 Jun 21
8-K
NW Natural Holdings Reports First Quarter 2021 Results
4 May 21
8-K
NW Natural Holdings Reports Fourth Quarter and Full Year 2020 Results
25 Feb 21
8-K
NW Natural and BioCarbN Form Innovative Renewable Natural Gas Partnership with Tyson Foods
7 Jan 21
8-K
Other Events
20 Dec 20
8-K
NW Natural Holdings Reports Third Quarter and Year-to-Date 2020 Results
4 Nov 20
8-K
Regulation FD Disclosure
19 Oct 20
8-K
NW Natural Holdings Reports Second Quarter and Year-to-Date 2020 Results
6 Aug 20
8-K
Other Events
31 Jul 20
8-K
NW Natural Holdings Reports First Quarter 2020 Results
7 May 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
27 Mar 20
FWP
Free writing prospectus
26 Mar 20
424B5
Prospectus supplement for primary offering
11 Jun 19
FWP
Free writing prospectus
11 Jun 19
15-12B
Securities registration termination
15 Oct 18
25-NSE
Exchange delisting
4 Oct 18
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Oct 18
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Oct 18
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Oct 18
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Oct 18
Proxies
DEF 14A
Definitive proxy
17 Apr 18
DEF 14A
Definitive proxy
12 Apr 17
DEFR14A
Revised proxy
21 Apr 16
DEF 14A
Definitive proxy
14 Apr 16
DEF 14A
Definitive proxy
16 Apr 15
DEF 14A
Definitive proxy
13 Apr 14
DEF 14A
Definitive proxy
14 Apr 13
DEF 14A
Definitive proxy
11 Apr 12
DEF 14A
Definitive proxy
17 Apr 11
DEF 14A
Definitive proxy
18 Apr 10
Other
UPLOAD
Letter from SEC
25 Sep 19
UPLOAD
Letter from SEC
4 Sep 19
UPLOAD
Letter from SEC
29 Aug 16
CORRESP
Correspondence with SEC
27 Jul 16
CORRESP
Correspondence with SEC
5 Jul 16
UPLOAD
Letter from SEC
20 Jun 16
CORRESP
Correspondence with SEC
6 Jun 16
CORRESP
Correspondence with SEC
18 May 16
UPLOAD
Letter from SEC
10 May 16
UPLOAD
Letter from SEC
2 Nov 14
Ownership
4
NORTHWEST NATURAL GAS / JON G HUDDLESTON ownership change
23 Aug 18
4
NORTHWEST NATURAL GAS / David A. Weber ownership change
19 Aug 18
4
NORTHWEST NATURAL GAS / MardiLyn Saathoff ownership change
17 Aug 18
4
NORTHWEST NATURAL GAS / LEA ANNE DOOLITTLE ownership change
14 Aug 18
4
NORTHWEST NATURAL GAS / C SCOTT GIBSON ownership change
10 Aug 18
4
NORTHWEST NATURAL GAS / DAVID HUGO ANDERSON ownership change
10 Aug 18
3
NORTHWEST NATURAL GAS / Charles A. Wilhoite ownership change
9 Aug 18
3
NORTHWEST NATURAL GAS / Melinda B. Rogers ownership change
3 Aug 18
11-K
Annual report of employee stock purchases
29 Jun 18
4
NORTHWEST NATURAL GAS / Malia H Wasson ownership change
29 May 18
Transcripts
2020 Q2
Earnings call transcript
8 Aug 20
2020 Q1
Earnings call transcript
8 May 20
2019 Q4
Earnings call transcript
2 Mar 20
2019 Q3
Earnings call transcript
5 Nov 19
2019 Q2
Earnings call transcript
6 Aug 19
2019 Q1
Earnings call transcript
7 May 19
2018 Q4
Earnings call transcript
1 Mar 19
2018 Q3
Earnings call transcript
6 Nov 18
2018 Q2
Earnings call transcript
7 Aug 18
2018 Q1
Earnings call transcript
13 May 18