Delivers 8.1% Utility ROE and Earnings Growth of ~8.0% Year-over-Year

O&M/Customer Flat Year-over-Year Reflecting Progress on Utility Cost Optimization

Initiated 2025 Utility Net Income and Capital Expenditures Guidance and Forward-Looking Utility Net Income CAGR and Rate Base CAGR Guidance

LAS VEGAS, Feb. 26, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported fourth quarter 2024 consolidated net income of $92.5 million, or $1.28 per diluted share, and adjusted consolidated net income of $100.1 million, or $1.39 per diluted share. For the full-year ended December 31, 2024, consolidated net income was $198.8 million, or $2.76 per diluted share, and adjusted consolidated net income was $227.9 million, or $3.16 per diluted share. These results compared to consolidated net income of $72.9 million, or $1.01 per diluted share, and adjusted consolidated net income of $86.2 million, or $1.20 per diluted share for the fourth quarter of 2023, and consolidated net income of $150.9 million, or $2.13 per diluted share, and adjusted consolidated net income of $258.5 million, or $3.64 per diluted share, for the full year ended December 31, 2023.

LAS VEGAS, Feb. 19, 2025 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following second quarter cash dividend:

Common Stock

Payable                          June 2, 2025

 Of Record                       May 15, 2025

    Dividend                         $0.62 per share

The dividend equates to $2.48 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com.

Company to Host Earnings Conference Call on February 26, 2025

LAS VEGAS, Feb. 12, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") will hold its fourth quarter and year end earnings conference call and webcast on February 26, 2025, at 11:00 AM ET, following its news release to be issued before the markets open that day.

The conference call will be webcast live on the Company's website at www.swgasholdings.com.

Date:

Wednesday, February 26, 2025

Time:

11:00 AM ET

Telephone number:

(800) 836-8184

International number:

(646) 357-8785

LAS VEGAS, Nov. 20, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following first quarter cash dividend:

Common Stock

Payable                         

March 3, 2025

Of Record                       

February 18, 2025

Dividend                         

$0.62 per share

The dividend equates to $2.48 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com.

Delivers Strong Utility Earnings with 9% Year-to-Date Earnings Growth Year-over-Year

Utility Files California Rate Case; Advances Arizona Rate Case

Margin Improvement From Nevada Rate Case Outcome

LAS VEGAS, Nov. 6, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today reported third quarter 2024 consolidated net income of $0.3 million, or less than one cent per diluted share, and adjusted consolidated net income of $6.8 million, or $0.09 per diluted share. These results compare to consolidated net income of $3.2 million, or $0.04 per diluted share, and adjusted consolidated net income of $12.6 million, or $0.17 per diluted share for the third quarter of 2023. The utility, Southwest Gas Corporation ("Southwest"), reported third quarter 2024 net income of $0.6 million, compared with a net loss of $3.3 million in the third quarter of 2023; an increase of $3.8 million.

Company to Host Earnings Conference Call on November 6, 2024

LAS VEGAS, Oct. 23, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") will hold its third quarter earnings conference call and webcast on November 6, 2024, at 11:00 AM ET, following its news release to be issued before the markets open that day.

The conference call will be webcast live on the Company's website at www.swgasholdings.com.

Date:

Wednesday, November 6, 2024

Time:

11:00 AM ET

Telephone number:

(800) 836-8184

International number:

(646) 357-8785

The natural gas utility has been globally recognized for two years in a row based on investor, consumer, and employee trust

LAS VEGAS, Oct. 9, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX), was recently recognized by Newsweek on their list of the World's Most Trustworthy Companies 2024. This recognition is presented by Newsweek and Statista Inc., a leading provider of market and consumer data. The list recognized the top 1,000 most trustworthy companies worldwide, spanning 23 industries and 20 countries. Southwest Gas was recognized as a top performer, earning a place in the top 2% among publicly listed companies on various stock exchanges worldwide.

LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. ("Southwest Gas") (NYSE: SWX) has declared the following fourth quarter cash dividend:

Common Stock

Payable

December 2, 2024

Of Record

November 15, 2024

Dividend

$0.62 per share

The dividend equates to $2.48 per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956.

Additional dividend information, including the tax status of Southwest Gas' dividend distributions, can be obtained through the Investor Relations section of Southwest Gas' website, www.swgasholdings.com.

Recognized on TIME's inaugural list based on employee satisfaction, revenue growth, and sustainability transparency

LAS VEGAS, Aug. 21, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX), was recently recognized by TIME on its inaugural list of America's Best Mid-Size Companies 2024. This recognition is presented by TIME and Statista Inc., a leading provider of market and consumer data. 

The companies ranked in the 2024 America's Best Mid-Size Companies were identified based on three dimensions: employee satisfaction, revenue growth, and sustainability transparency. The study considered all U.S.-based companies that generated at least $100 million in revenue but less than $10 billion in 2022 or 2023.

Company to Host Earnings Conference Call on August 6, 2024

LAS VEGAS, July 11, 2024 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report 2024 second quarter results prior to market opening on August 6, 2024. The Company will host an earnings conference call on August 6, 2024, at 11:00 AM ET to discuss the results, and the discussion may include business, financial or other information not contained in the earnings release.