NW Natural Guides 2026 EPS to Upper Half of Range After Strong First Half
NWN sits 24% above its 52-week low of $39.292.
Summary
NW Natural reported Q2 EPS of $0.01, swinging from a loss of $0.06 a year ago, and first-half EPS of $2.33, up from $2.11. Q2 adjusted EPS was flat year-over-year due to technology costs. Management now expects full-year 2026 EPS in the upper half of its $2.95–$3.15 guidance range, citing strong execution and visibility. The company added nearly 18,000 connections over the past year, a 1.9% growth rate, and invested $235 million in system reliability in the first half. A Washington rate case order provides a $20.1 million annual revenue increase effective August 1, with additional step-ups in the next two years. Long-term targets were reaffirmed, including 4–6% EPS growth and 6–8% rate base expansion through 2030, supported by a $2.6–$2.9 billion capital plan.
At the time of this announcement, NWN was trading at $48.71 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $2B. The 52-week trading range was $39.29 to $55.99. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: BusinessWire.