Overview

* NW Natural Q3 2025 EPS at -$0.73, slightly worse than Q3 2024

* Company expects 2025 EPS above midpoint of guidance range

* Added over 95,000 utility connections, driven by SiEnergy acquisition

Outlook

* NW Natural expects 2025 EPS above midpoint of $2.59 to $2.79 range

* Company reaffirms long-term EPS growth target of 4% to 6% annually

* NW Natural anticipates 2025 capital expenditures of $450 mln to $500 mln

Result Drivers

* ACQUISITION IMPACT - SiEnergy acquisition drove significant growth in utility connections, contributing to a 10.9% growth rate

* RATE INCREASE - Margin increased due to new rates in Oregon, effective Nov. 1, 2024

* INVESTMENTS IN INFRASTRUCTURE - Invested $333 million in gas and water systems to support growth and reliability

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS -$0.73

Q3 Net -$29.89

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the natural gas utilities peer group is "buy."

* Wall Street's median 12-month price target for Northwest Natural Holding Co ( NWN ) is $51.50, about 9.3% above its November 4 closing price of $46.73

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)