Analyst Report: Southwest Gas Holdings Inc

Argus

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Apr 08, 2025

Summary

Southwest Gas Holdings is simply a earthy state company. Its superior regulated inferior subsidiary, Southwest Gas Corp., purchases, transports, and distributes state to 2.2 cardinal customers successful Arizona, Southern Nevada, and Northern California. About fractional of its customers are located successful Arizona, successful the regions surrounding Phoenix and Tucson and astir 10% of customers are successful Northern California. Residential and tiny commercialized customers relationship for astir 90% of SWX's lawsuit base. SWX besides provides state and pipeline infrastructure services successful 43 states and parts of Canada done its involvement successful Centuri Holdings. Since 2Q24, Centuri Holdings trades nether ticker CTRI and is not nether sum by Argus. Transmission company, Great Basin, owns interstate pipeline successful Idaho, California, and Nevada and operates a peak-shaving LNG retention installation successful Nevada. SWX had been processing the usage of RNG with six