SWX Southwest Gas Corp

Southwest Gas Holdings, Inc. engages in the energy business. It operates through the following segments: Natural Gas Operations and Utility Infrastructure Services. The Natural Gas Operations segment purchases, distributes, and transports natural gas in Arizona, California, and Nevada. The Utility Infrastructure Services segment enterprise to delivering a diverse array of solutions to North America's gas and electric providers. The company was founded in March 1931 and is headquartered in Las Vegas, NV.

Company profile

Ticker

SWX

Exchange

NYSE

Website

www.swgasholdings.com

CEO

John P. Hester

Incorporated in

California

Location

Nevada

Fiscal year end

Dec 31

Sector

Utilities > Gas Distributors

Industry (SEC)

Natural Gas Transmission & Distribution

Dominion Energy Gas • Southwest Gas • Crestwood Equity Partners • ONEOK • Chesapeake Utilities • RGC Resources • Corning Natural Gas Holding • NextDecade • Brookfield Infrastructure ...

SEC CIK

0000092416

Corporate docs

Articles of Incorporation & Bylaws

IRS number

880085720

SWX stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

7 May 20

5 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart SWX financial data

Quarter (USD)	Sep 19	Jun 19	Mar 19	Dec 18
Revenue	725.23M	713.01M	833.54M	786.65M
Net income	6.53M	22.83M	95.38M	131.16M
Diluted EPS	0.1	0.41	1.77	1.36
Net profit margin	0.90%	3.20%	11.44%	16.67%
Operating income	38.26M	54.87M	140.48M	134.85M
Net change in cash	-9.97M	-58.59M	11.68M	16.19M
Cash on hand	28.48M	38.45M	97.04M	85.36M
Cost of revenue	451.57M	402.2M	300.47M	380.2M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	2.88B	2.55B	2.46B	2.36B
Net income	181.65M	193.94M	153.06M	139.43M
Diluted EPS	3.68	4.04	3.18	2.92
Net profit margin	6.31%	7.61%	6.22%	5.91%
Operating income	357.43M	343.12M	315.47M	288.33M
Net change in cash	41.74M	15.56M	-7.93M	-3.57M
Cash on hand	85.36M	43.62M	28.07M	36M
Cost of revenue	1.39B	1.15B	1.02B

Financial data from company earnings reports

Financial report summary

Management Discussion

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Southwest Gas Holdings, Inc. is a holding company that owns all of the shares of common stock of Southwest Gas Corporation (“Southwest” or the “natural gas operations” segment) and all of the shares of common stock of Centuri Group, Inc. (“Centuri,” or the “utility infrastructure services” segment). Southwest Gas Holdings, Inc. and its subsidiaries are collectively referred to as the “Company.”
Southwest is engaged in the business of purchasing, distributing, and transporting natural gas for customers in portions of Arizona, Nevada, and California. Southwest is the largest distributor of natural gas in Arizona, selling and transporting natural gas in most of central and southern Arizona, including the Phoenix and Tucson metropolitan areas. Southwest is also the largest distributor of natural gas in Nevada, serving the majority of southern Nevada, including the Las Vegas metropolitan area, and portions of northern Nevada. In addition, Southwest distributes and transports natural gas for customers in portions of California, including the Lake Tahoe area and the high desert and mountain areas in San Bernardino County.

Content analysis ?

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

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From filing 10-Q 2020 Q1