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Southwest Gas Reschedules Q1 2025 Earnings Release And Conference Call To Monday, May 12, 2025; Affirms Southwest Gas Corporation Guidance and Outlook

Benzinga·05/06/2025 22:09:53
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Financial Guidance and Outlook

The Company also affirms its full year forward-looking guidance for Southwest Gas Corporation, previously provided on February 26, 2025, as follows:

(in millions, except percentages)

 
Current Estimates
2025 Net income guidance(1)

 
$ 265 - $ 275

2025 Capital expenditures in support of customer growth, system improvements,

and pipe replacement programs



 
~$880
2025 - 2029 Adjusted net income CAGR(2)

 
6.0% - 8.0%
2025- 2029 Capital expenditures

 
$ 4,300
2025 - 2029 Rate base CAGR(2)

 
6.0% - 8.0%
(1) Assumes $3 - $5 million COLI earnings.

 


 
(2) Net income and rate base compound annual growth rate: base year 2025.

 


 

In a separate press release issued today, Centuri Holdings affirmed its full year 2025 outlook. Southwest Gas Holdings owns approximately 81% of the stock of Centuri Holdings, Inc.