SWX - Southwest Gas Holdings Could Face A Customer Uprising
2024-02-20 19:16:54 ET
Summary
- Southwest Gas Holdings is a utility that distributes natural gas in Arizona, Nevada, and California.
- Customers are unhappy with SWX's explanation for high gas bills, as it does not reflect the state of the natural gas market.
- SWX's profitability and return on total assets have been graded poorly, raising concerns about how the company has managed its risks.
- Legislative trouble could be brewing for the utility — Be careful.
Southwest Gas Holdings, Inc. ( SWX ) is a utility that distributes and transports natural gas through its subsidiaries in Arizona, Nevada, and California. SWX will celebrate its centennial in 2031, as incorporation dates to 1931. SWX's headquarters are in Las Vegas, Nevada, where the company has the monopoly on providing essential gas needs to all Nevadans....
Southwest Gas Holdings Could Face A Customer Uprising