Northwest Natural Gas (NWN) Tops Q2 EPS by 2c

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Go back to Northwest Natural Gas (NWN) Tops Q2 EPS by 2c

NW Natural Reports Results for the Three and Six Months Ended June 30, 2015

August 4, 2015 6:00 AM EDT

PORTLAND, OR -- (Marketwired) -- 08/04/15 --

Consolidated net income was $2.2 million for the second quarter of 2015, or $0.08 per share, compared to $1.1 million, or $0.04 per share, in 2014. Customer growth rate was 1.5% at June 30, 2015, with over 10,000 customers added over the last twelve months. Combined Heat and Power (CHP) program filing was submitted to the Public Utility Commission of Oregon (OPUC) under Senate Bill (SB) 844. North Mist gas storage expansion project permitting and land acquisition work continued. Earnings guidance for 2015 remains unchanged and is expected to be in the range of $1.77 to $1.97 per share or... More