NW Natural Reports First Quarter 2017 Results

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Northwest Natural Gas (NWN) Reports In-Line Q1 EPS; Reaffirms FY17 Outlook

May 8, 2017 6:08 AM EDT

Northwest Natural Gas (NYSE: NWN) reported Q1 EPS of $1.40, in-line with the analyst estimate of $1.40.

Increased consolidated net income by $3.7 million to $40.3 million for the first quarter of 2017.Increased utility margin by $3.3 million, after-tax, and added 12,000 utility customers during the past 12 months.Continued construction on the North Mist Gas Storage Expansion Project, which... More