Southwest Gas posts transcript of Q2 2026 earnings call
Reuters2026/08/06 22:30- Southwest Gas held its Q2 2026 earnings call with CEO Justin Brown and CFO Justin Forsberg, outlining regulatory updates and Great Basin plans.
- Adjusted EPS from continuing operations rose to $0.45; reported EPS was $0.58, reflecting California rate-case revenue recognition.
- Great Basin 2028 expansion shifted to a 48-inch design; estimated at about $2.3 billion CapEx with $270 million-$300 million annual margin.
- FERC CPCN filing targeted before year-end; approval expected in late 2027; in-service date set for Q4 2028.
- Financing plan includes a $400 million utility-level bond issuance; management expects no equity issuance in 2026 outside the dividend reinvestment plan.
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