Southwest Gas Powers Ahead with Strong Q2 | Business and Finance News

Southwest Gas is crushing it in Q2 2026, posting 45 cents EPS—up from last year—thanks to smart regulation and lower interest costs after big debt paydowns. They’re bullish on the full year and sticking to their financial plan. Regulatory wins are rolling in: Nevada approved $180M for upgrades, Arizona’s got a $50M surcharge, and Great Basin’s 2028 Expansion Project now demands 1B CF/day with a revised 48-inch pipeline design. Utility margins are closing the gap to authorized ROE despite pending rate cases, proving underlying strength. Cash is flush, no holding company debt, and they’ve got solid regulatory momentum—California approved $40M/year, Nevada seeks $74M/year, Arizona’s case kicks off in 2027. With demand spiking for Great Basin, they’re eyeing even bigger infrastructure. Southwest reaffirms 2026 guidance and aims to nearly double its rate base by 2030—all while staying resilient against any regulatory or political headwinds. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4c7e7f355aa04ad8