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SWX $76.64

SWX target price
76.64
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Southwest Gas Corporation (NYSE: SWX) is an investor-owned utility based in Las Vegas, Nevada.

The company provides natural gas service to approximately 1.9 million residential, commercial, and industrial customers in parts of Arizona, Nevada, and California.

The company was founded in Barstow, California, in 1931, and soon expanded to the nearby town of Victorville. Natural gas was brought into southern Nevada in 1953, and Southwest Gas began service to the burgeoning communities of Las Vegas and Henderson the following year.

On January 24, 1956, Southwest Gas Corporation became a publicly owned company. Expansion into Arizona occurred in 1957 with the acquisition of Natural Gas Service of Arizona.

In 1963, with the completion of a 250-mile pipeline in northern Nevada, the company was able to grow once again by extending its service territory to include Carson City. Several years later it began serving customers as far west as Elko in the northern part of the state. Expansion also occurred during this time in California with expansion from its Victorville operations to Big Bear.

During the next several decades the company made several more acquisitions and expanded in parts of its tri-state service territory. In 1979, the purchase of the gas system of what is now Tucson Electric Power, and the 1984 purchase of the gas system of Arizona Public Service Company, added the Phoenix area to the company’s customer base. During a time of unprecedented growth in the desert Southwest, Southwest Gas was serving some of the fastest-growing areas in the country. In 2005, the company acquired service territory in South Lake Tahoe from Avista, enabling it to serve customers contiguously around Lake Tahoe in California and Nevada. The company is the largest distributor of natural gas in Arizona and Nevada.

The company received a 2010 ENERGY STAR Leadership in Housing Award from the U.S. Environmental Protection Agency.

The company's Smarter Greener Better campaign provides consumers with information that enables them to take advantage of money-saving programs related to energy efficiency.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-07 Future report Set alerts
Q2 2022 2022-08-09 0.23 0.23
Q1 2022 2022-05-09 1.74 1.74
Q4 2021 2022-03-01 1.15 1.15
Q3 2021 2021-11-09 0.05 0.05
Q2 2021 2021-08-06 0.00 0.00
Q1 2021 2021-05-06 2.03 2.03
Q4 2020 2021-02-25 1.82 1.82
Q3 2020 2020-11-05 0.00 0.00
Q2 2020 2020-08-06 0.68 0.68

Ratings

2016-05-31 Downgrade Argus Buy to Hold
2016-03-30 Initiated Coverage BB&T Corp. Hold
2016-03-14 Boost Price Target Argus Buy $64.00 to $70.00
2015-12-03 Lower Price Target Jefferies Group Hold $57.00
2015-10-12 Boost Price Target Argus Buy $63.00 to $67.00
2015-10-08 Downgrade Jefferies Group Buy to Hold $60.00
2015-07-24 Upgrade Argus Hold to Buy $63.00
2015-07-07 Upgrade Bank of America Neutral to Buy $58.00 to $60.00
2015-07-07 Upgrade Bank of America Corp. Neutral to Buy $58.00 to $60.00
2015-06-17 Upgrade Jefferies Group Hold to Buy $60.00
2015-01-26 Boost Price Target Citigroup Inc. Neutral $54.00 to $62.00
2014-08-11 Upgrade Brean Capital Hold to Buy $54.00
2014-05-09 Downgrade Brean Capital Buy to Hold $56.00 to $56.00
2014-04-02 Initiated Coverage Jefferies Group Hold $55.00
2014-03-25 Boost Price Target Barclays $50.00 to $51.00
2014-03-03 Lower Price Target Brean Capital $58.00 to $56.00
2014-01-03 Upgrade Bank of America Underperform to Neutral
2013-08-12 Upgrade Brean Capital Hold to Buy $56
2013-05-13 Downgrade Brean Capital Buy to Hold $52
2011-10-24 Initiated Brean Murray Hold
2010-12-02 Downgrade Argus Buy to Hold
2009-09-16 Upgrade Argus Hold to Buy $32
2008-03-05 Reiterated UBS Buy $40 to $38
2016-05-31 Downgrade Argus Buy to Hold
2016-03-30 Initiated Coverage BB&T Corp. Hold
2016-03-14 Boost Price Target Argus Buy $64.00 to $70.00
2015-12-03 Lower Price Target Jefferies Group Hold $57.00
2015-10-12 Boost Price Target Argus Buy $63.00 to $67.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
SHAW JEFFREY W President & CEO 0.12%  (56382) NFG / SWX /
JANOV EDWARD A SVP/Corporate Development 0.07%  (32619) SWX /
WRIGHT TERRANCE L 0.07%  (32446) LACO / SWX /
CENTRELLA ROY R SVP/Chief Financial Officer 0.07%  (31563) SWX /
BOUGHNER ROBERT L 0.07%  (31157) BYD / SWX /
CHESTNUT THOMAS E 0.05%  (23446) SWX /
Comer Stephen C 0.05%  (22946) PNK / SWX /
MARIUCCI ANNE L 0.05%  (22446) CXW / SWX / TMHC /
MAFFIE MICHAEL O 0.05%  (21864) SWX /
Thomas Thomas A 0.05%  (21657) SWX /
HANNEMAN LEROY C 0.04%  (20438) SWX /
Thoman A. Randall 0.04%  (17331) SWX /
Moody William N SVP Staff Ops/Technology 0.04%  (16958) SWX /
KENNY KENNETH J VP/Finance/Treasur 0.04%  (16786) SWX /
Cardenas Jose A 0.03%  (13776) SWFT / SWX /
Peterson Gregory J VP/Controller/CAO 0.03%  (12416) SWX /
Hester John P SVP/Reg. Affairs & Energy Res. 0.01%  (3653) SWX /
DeBonis Eric SVP/Operations 0.01%  (3416) SWX /