Profile: Southwest Gas Holdings Inc (SWX)
25 Apr 2018
Southwest Gas Holdings, Inc., formerly Southwest Gas Corporation, incorporated on March 10, 1931, is engaged in the business of purchasing, distributing and transporting natural gas. The Company operates through two segments: natural gas operations and construction services, which includes the operations of the Company's subsidiary, Centuri Construction Group, Inc. (Centuri). The Company operates two pipeline transmission systems, such as a system, which includes a liquefied natural gas (LNG) storage facility owned by Paiute extending from the Idaho-Nevada border to the Reno, Sparks, and Carson City areas and communities in the Lake Tahoe area in both California and Nevada and other communities in northern and western Nevada, and a system extending from the Colorado River at the southern tip of Nevada to the Las Vegas distribution area.
Natural Gas Operations
The Company's natural gas operations segment includes acquiring and arranging delivery of natural gas to its system in sufficient quantities. The Company acquires natural gas from various sources and a mix of purchase provisions, which includes spot market and firm supplies. It has a contract with Southern California Gas Company for delivery within its southern California rate jurisdiction. It also has storage contracts with Northwest Pipeline Corporation (NWPL) for the northern Nevada and northern California rate jurisdictions. Natural gas supplies for its southern system, which includes Arizona, southern Nevada, and southern California properties, are primarily obtained from producing regions in Colorado and New Mexico, San Juan basin, Texas, Permian basin and Rocky Mountain areas. For its northern system, which includes northern Nevada and northern California properties, it primarily obtains natural gas from Rocky Mountain producing areas and from Canada.
Centuri is a full-service underground piping contractor that primarily provides utility companies with trenching and installation, replacement and maintenance services for energy distribution systems, and industrial construction solutions. Centuri's operations are conducted under the business names of NPL Construction Co. (NPL), Link-Line Contractors Ltd. (Link-Line), W.S. Nicholls Construction, Inc. and related companies (W.S. Nicholls), and Brigadier Pipelines Inc. (Brigadier). The focus of Centuri's operations is distribution pipe and service hook-up replacements as well as line installations for business development. Centuri's business activities are concentrated in utility service territories where energy lines are scheduled for replacement. Centuri's operations are conducted from approximately 30 field locations throughout the United States and over 10 field locations within Canada.
The Company competes with El Paso Natural Gas Company, Kern River Gas Transmission Company, Transwestern Pipeline Company and Tuscarora Gas Pipeline Company.
Southwest Gas Holdings Inc
5241 Spring Mountain Rd
LAS VEGAS NV 89150-0002
Company Web Links
- BRIEF-Southwest Gas Holdings Reports Q4 Earnings Per Share $2.00
- BRIEF-Southwest Gas Holdings Increases The Quarterly Common Stock Dividend
- BRIEF-Southwest Gas Holdings Announces CFO Roy Centrella To Retire In April
- BRIEF-Southwest Gas Holdings reports Q3 earnings per share $0.21
- BRIEF-Southwest Gas' unit entered into definitive documentation to establish new commercial paper program - SEC filing