Company Quick10K Filing
Southwest Gas
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 54 $4,818
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-08 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-09-23 Other Events, Exhibits
8-K 2019-08-06 Earnings, Exhibits
8-K 2019-05-28 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-05-07 Earnings, Exhibits
8-K 2019-05-02 Shareholder Vote
8-K 2019-04-23 Officers
8-K 2019-02-27 Earnings, Exhibits
8-K 2019-02-25 Other Events
8-K 2019-02-25 Officers
8-K 2018-12-17 Other Events, Exhibits
8-K 2018-11-27 Enter Agreement, Exhibits
8-K 2018-11-13 Officers
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-08-07 Earnings, Exhibits
8-K 2018-05-30 Other Events, Exhibits
8-K 2018-05-07 Earnings, Exhibits
8-K 2018-05-03 Shareholder Vote
8-K 2018-03-29 Regulation FD
8-K 2018-03-12 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-02-27 Earnings, Exhibits
8-K 2018-02-23 Other Events
8-K 2018-02-02 Officers, Exhibits

Southwest Gas Financials

SWX Metrics, Comps, Filings

Annual | Quarterly

Business

Southwest Gas Holdings, Inc., a California corporation, is a holding company headquartered in Las Vegas, Nevada, which either on its own or together with its subsidiaries is referred to herein as the "Company." Through its wholly owned subsidiaries, Southwest Gas Corporation ("Southwest" or the "natural gas operations" segment) and Centuri Construction Group, Inc. ("Centuri" or the "utility infrastructure services" segment), the Company operates two business segments: natural gas operations and utility infrastructure services.

Southwest was incorporated in March 1931 under the laws of the state of California and provides regulated natural gas delivery services to customers in portions of Arizona, Nevada, and California. Public utility rates, practices, facilities, and service territories of Southwest are subject to regulatory oversight. The timing and amount of rate relief can materially impact results of operations. Natural gas purchases and the timing of related recoveries can materially impact liquidity. Results for the natural gas operations segment are higher during winter periods due to the seasonality incorporated in its regulatory rate structures.

Centuri is a comprehensive utility infrastructure services enterprise dedicated to delivering a diverse array of solutions to North America's gas and electric providers. Centuri derives revenue from installation, replacement, repair, and maintenance of energy distribution systems, and developing industrial construction solutions. Centuri operations are generally conducted under the business names of NPL Construction Co. ("NPL"), Canyon Pipeline Construction, Inc. ("Canyon"), NPL Canada Ltd. ("NPL Canada"), New England Utility Constructors, Inc. ("Neuco"), and W.S. Nicholls Construction, Inc. ("W.S. Nicholls"). In November 2018, the Company, through its subsidiaries, led principally by Centuri, completed the acquisition of an 80% interest in a privately held infrastructure services business, Linetec Services, LLC ("Linetec"). Centuri results are also seasonal with lower revenues during the first quarter of the year due to unfavorable winter weather conditions. Operating revenues typically improve as more favorable weather conditions occur during the summer and fall months.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Encana (ECA) 6,643 0% 4.2 5% 21,747 11,732 7,496 0 1,160 3,413 14,308
Texas Pacific Land Trust (TPL) 5,942 0% 15.1 65% 464 80 445 0 303 380 5,752
Newfield Exploration (NFX) 5,879 0% 6.5 9% 5,676 3,805 711 0 524 1,232 8,004
Cimarex Energy (XEC) 5,639 0% 10.6 8% 7,596 3,652 2,339 0 600 719 7,620
Helmerich & Payne (HP) 5,341 0% 9.6 -1% 5,897 1,802 2,846 0 -45 572 5,472
Parsley Energy (PE) 5,304 0% 6.3 3% 9,838 3,410 1,892 0 310 1,196 7,480
Southwest Gas (SWX) 4,818 43% 10.7 4% 7,667 5,248 2,584 1,105 270 671 7,189
WPX Energy (WPX) 4,774 0% 3.8 7% 8,553 3,992 2,560 0 604 1,814 6,943
Murphy Oil (MUR) 4,154 0% 4.4 4% 13,536 8,437 2,630 0 570 1,840 8,014
Transocean (RIG) 3,868 16% 18.7 -4% 25,624 12,867 3,076 494 -1,028 581 10,858
EQT (EQT) 3,683 56% 5.1 -1% 20,479 9,231 4,986 2,803 -257 1,482 7,553
Chesapeake Energy (CHK) 3,061 0% 5.5 4% 16,540 12,310 8,265 0 675 2,404 13,218
Kosmos Energy (KOS) 2,527 0% 7.8 1% 4,466 3,582 1,237 0 23 578 4,517
Patterson Uti Energy (PTEN) 2,518 0% -11.3 -7% 5,192 1,913 3,043 0 -354 -301 3,388
PDC Energy (PDCE) 2,282 0% 5.1 3% 4,595 2,216 1,879 0 124 686 3,478
Matador Resources (MTDR) 2,140 0% 3.6 5% 3,751 1,911 890 0 197 570 2,056
Centennial Resource Development (CDEV) 2,021 0% 19.4 2% 4,535 1,268 916 0 85 148 2,870
Tellurian (TELL) 1,882 71% -14.2 -33% 417 176 13 9 -139 -129 1,836
Magnolia Oil & Gas (MGY) 1,810 0% 3.7 3% 3,531 747 1,073 0 120 572 2,113
Oasis Petroleum (OAS) 1,745 0% 3.8 3% 7,710 3,844 2,251 0 236 1,208 4,621

Balance Sheet ($MM)2017-12-312018-12-31
Cash3832
Accounts Receivable120140
Inventory
PP&E
Assets5,4836,142
Accounts Payable158185
Long-Term Debt1,8241,852
Liabilities3,6684,359
Stockholders' Equity1,8151,782
Income Statement ($MM)2017-12-312018-12-31
Revenue2,4522,880
Cost of Revenue1,388
Gross Profit1,492
R&D
SG&A
Tax6544
Net Income157139
Cash Flow ($MM)2017-12-312018-12-31
Cash Operating309383
Cash Investing-701-669
Cash Financing267281