April 19, 2018 12:19 PM ET

Gas Utilities

Company Overview of Northwest Natural Gas Company

Company Overview

Northwest Natural Gas Company engages in gas distribution and storage businesses in the United States. It operates in 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. It also 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. In addition, this segment transports customer-owned gas from the interstate pipeline connection or city ...

220 N.W. Second Avenue

Portland, OR 97209

United States

Founded in 1859

1,160 Employees



Key Executives for Northwest Natural Gas Company

President & CEO
Age: 55
Total Annual Compensation: $732.0K
VP, Chief Accounting Officer, Controller & Treasurer
Age: 38
Total Annual Compensation: $317.9K
Senior VP & Chief Administrative Officer
Age: 62
Total Annual Compensation: $326.1K
Senior VP of Regulation & General Counsel
Age: 60
Total Annual Compensation: $386.3K
Compensation as of Fiscal Year 2016.

Northwest Natural Gas Company Key Developments

Northwest Natural Gas Company Declares Quarterly Dividend, Payable on May 15, 2018

The Board of Directors of Northwest Natural Gas Company has declared a quarterly dividend of 47.25 cents per share on the Company's common stock. The dividends will be paid on May 15, 2018 to shareholders of record on April 30, 2018. The Company's indicated annual dividend rate is $1.89 per share.

Northwest Natural Gas Company Receives Regulatory Approval for Conversion to a Holding Company Structure

Northwest Natural Gas Company (NW Natural) is pursuing the formation of a holding company structure. NW Natural has received regulatory approval for conversion to a holding company structure from the Public Utility Commission of Oregon (OPUC) and the Washington Utilities and Transportation Commission (WUTC), and expects regulatory approval from the California Public Utility Commission during 2018. The NW Natural Board of Directors has determined to recommend a holding company structure to NW Natural shareholders for vote at the 2018 Annual Shareholders Meeting.

Northwest Natural Gas Company Presents at West Coast Utilities Conference, Mar-22-2018 11:20 AM

Northwest Natural Gas Company Presents at West Coast Utilities Conference, Mar-22-2018 11:20 AM. Venue: Caesars Palace Las Vegas, Las Vegas, Nevada, United States. Speakers: David Hugo Anderson, President & CEO, Frank Burkhartsmeyer, Senior VP & CFO, Nikki Sparley, Director, Investor Relations.

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