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Last $46.53 USD
Change Today -0.17 / -0.36%
Volume 100.9K
NWN On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

northwest natural gas co (NWN) Snapshot

Open
$46.78
Previous Close
$46.70
Day High
$46.88
Day Low
$46.15
52 Week High
12/29/14 - $52.57
52 Week Low
08/6/14 - $41.81
Market Cap
1.3B
Average Volume 10 Days
94.1K
EPS TTM
$2.16
Shares Outstanding
27.3M
EX-Date
04/28/15
P/E TM
21.5x
Dividend
$1.86
Dividend Yield
3.98%
Current Stock Chart for NORTHWEST NATURAL GAS CO (NWN)

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northwest natural gas co (NWN) Details

Northwest Natural Gas Company stores and distributes natural gas in the United States. The company operates through two segments, Local Gas Distribution and Gas Storage. The Local Gas Distribution segment engages in the purchase, sale, and delivery of natural gas and related services to residential, commercial, and industrial customers in Oregon and southwest Washington. This segment builds and maintains pipeline distribution system; purchases gas from producers and marketers; contracts for the transportation of gas from the supply basins to service territory over pipelines; and resells gas. It also transports customer-owned gas from the interstate pipeline connection or city gates to the customers’ end-use facilities. The Gas Storage segment provides underground natural gas storage services to interstate and intrastate markets. This segment primarily serves natural gas production or distribution, electric generation, and energy marketing companies. It hold leases and other property interests in approximately 12,000 net acres of underground natural gas storage in Oregon; and approximately 5,000 net acres of underground natural gas storage in California, as well as owns rights to depleted gas reservoirs in Mist, Oregon. Northwest Natural Gas Company was founded in 1859 and is headquartered in Portland, Oregon.

1,103 Employees
Last Reported Date: 02/27/15
Founded in 1859

northwest natural gas co (NWN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $659.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $341.4K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $459.4K
Senior Vice President of Environmental Policy...
Total Annual Compensation: $340.1K
Chief Administrative Officer and Senior Vice ...
Total Annual Compensation: $308.3K
Compensation as of Fiscal Year 2014.

northwest natural gas co (NWN) Key Developments

Northwest Natural Gas Company Declares Quarterly Dividend Payable on May 15, 2015

The Board of Directors of Northwest Natural Gas Company has declared a quarterly dividend of 46.5 cents per share on the company's common stock. The dividends will be paid on May 15, 2015 to shareholders of record on April 30, 2015.

Northwest Natural Gas Company Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year of 2015

Northwest Natural Gas Company announced consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported income from operations of $59,748,000 compared with $59,244,000 for the same period a year ago. Net income was $28,470,000 or $1.04 per diluted share compared with $29,006,000 or $1.07 per diluted share for the same period a year ago. Income from operations was $59,748,000 compared with $59,244,000 for the same period a year ago. Income before income taxes was $49,090,000 compared with $49,014,000 for the same period a year ago. For the year, the company reported income from operations of $142,965,000 compared with $142,746,000 for the same period a year ago. Net income was $58,692,000 or $2.16 per diluted share compared with $60,538,000 or $2.24 per diluted share for the same period a year ago. Cash provided by operating activities was $215,657,000 compared with $176,390,000 for the same period a year ago. Capital expenditures was $120,092,000 compared with $138,924,000 for the same period a year ago. Income from operations was $142,965,000 compared with $142,746,000 for the same period a year ago. Income before income taxes was $100,335,000 compared with $102,243,000 for the same period a year ago. The Company initiated earnings guidance to be in the range of $1.77 to $1.97 per share for 2015. As adjusted, its earnings guidance is $2.10 to $2.30 per share for 2015 excluding the effects of the $15.0 million pre-tax charge, which is equivalent to $0.33 per share after-tax, for the regulatory disallowance associated with the recent OPUC order on the recovery of past environmental cost deferrals.

Northwest Natural Gas Company to Proceed with North Mist Expansion Project Permitting

Northwest Natural Gas Company announced that it has received approval from Portland General Electric (PGE) to move forward with the permitting and land acquisition work required for NW Natural to provide no-notice underground gas storage services for PGE's natural gas-fired generating plants at Port Westward, Oregon -- one of which is designed to integrate more wind power into PGE's generation mix. This new storage service is intended to allow PGE to draw on natural gas resources from NW Natural's facilities in Mist, Oregon to meet its fueling needs and rapidly respond to changing conditions in wind generation. In order to provide this service, NW Natural will begin the permitting and land acquisition work required to advance the expansion project in the northern section of its existing underground storage facility at Mist. The North Mist Expansion Project would include a new reservoir providing up to 2.5 billion cubic feet of available storage, an additional compressor station with design capacity of 120,000 dekatherms of gas per day, and a 13-mile pipeline to connect to PGE's gas plants at Port Westward. The current estimated cost of the expansion is approximately $125 million with a potential in-service date in the 2018/2019 winter season, depending on the permitting process and construction schedule. The expansion project is subject to NW Natural obtaining all required permits and certain property rights, and a notice to proceed from PGE. As of December 31, 2014, of the amounts authorized by PGE for the project, NW Natural had spent $3.3 million.

 

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Industry Analysis

NWN

Industry Average

Valuation NWN Industry Range
Price/Earnings 21.6x
Price/Sales 1.7x
Price/Book 1.7x
Price/Cash Flow 9.2x
TEV/Sales 0.5x
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