Northwest Natural Gas (NWN) Tops Q2 EPS by 5c

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NW Natural Reports Second Quarter and Year-to-Date 2017 Results

August 2, 2017 6:00 AM EDT

Increased consolidated net income by $0.7 million to $2.7 million or $0.10 per share for the second quarter of 2017.Increased consolidated net income by $4.4 million to $43.0 million or $1.50 per share for the first six months of 2017.Connected over 12,700 utility customers during the past 12 months equating to a customer growth rate of 1.8%.Continued construction on the $128 million North Mist Gas Storage Expansion Project.Reaffirmed 2017 earnings guidance of $2.05 to $2.25 per share.

PORTLAND, Ore., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Northwest Natural Gas Company, dba NW Natural (NYSE: NWN), reported earnings per share... More