Analyst Report: Southwest Gas Holdings Inc

Analyst Report: Southwest Gas Holdings Inc

Summary

Southwest Gas Holdings is a natural gas company. Its primary regulated utility subsidiary, Southwest Gas Corp., purchases, transports, and distributes gas to 2.2 million customers in Arizona, Southern Nevada, and Northern California. About half of its customers are located in Arizona, in the regions surrounding Phoenix and Tucson and about 10% of customers are in Northern California. Residential and small commercial customers account for about 90% of SWX’s customer base. SWX also provides gas and pipeline infrastructure services in 43 states and parts of Canada through its interest in Centuri Holdings. Since 2Q24, Centuri Holdings trades under ticker CTRI and is not under coverage by Argus. Transmission company, Great Basin, owns interstate pipeline in Idaho, California, and Nevada and operates a peak-shaving LNG storage facility in Nevada. SWX had been developing the use of RNG with six

DJ Kamal Mustafa

DJ Kamal Mustafa

I’m DJ Kamal Mustafa, the founder and Editor-in-Chief of EMEA Tribune, a digital news platform that focuses on critical stories from Europe, the Middle East, Africa, and Pakistan. With a deep passion for investigative journalism, I’ve built a reputation for delivering exclusive, thought-provoking reports that highlight the region’s most pressing issues.

I’ve been a journalist for over 10 years, and I’m currently associated with EMEA Tribune, ARY News, Daily Times, Samaa TV, Minute Mirror, and many other media outlets. Throughout my career, I’ve remained committed to uncovering the truth and providing valuable insights that inform and engage the public.