Southwest Gas (SWX) Q2 2026 Earnings Call Transcript

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DATE

Wednesday, Aug. 5, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• President and Chief Executive Officer - Justin Brown

• Chief Financial Officer and Treasurer - Justin Forsberg

• Manager, Investor Relations - Tyler Franek

Full Conference Call Transcript

Operator: Welcome to Southwest Gas Holdings' Second Quarter 2026 Earnings Conference Call. Today's telephone is being recorded, and our webcast is live. A replay volition beryllium disposable aboriginal contiguous and for the adjacent 12 months connected the Southwest Gas Holdings' website. [Operator Instructions] I volition present crook the telephone implicit to Tyler Franek, Manager of Investor Relations of Southwest Gas Holdings.

Tyler Franek: Thank you, Joanna, and hello, everyone. We admit you joining the telephone today. This morning, we issued and posted to Southwest Gas Holdings' website our 2nd 4th 2026 net merchandise and filed the associated Form 10-Q. The slides accompanying today's telephone are besides disposable connected Southwest Gas Holdings' website. We'll notation to those slides by fig passim the telephone today. Please enactment that connected today's call, we volition code definite factors that whitethorn interaction 2026 net and sermon longer word guidance. Information that volition beryllium discussed contiguous contains forward-looking statements.

These statements are based connected management's assumptions connected what the aboriginal holds, but are taxable to respective risks and uncertainties, including uncertainties surrounding the impacts of aboriginal economical conditions, regulatory approvals and superior projects. This cautionary enactment and a enactment regarding non-GAAP measures are included connected Slides 2 and 3 of this presumption successful today's property merchandise and successful our filings with the Securities and Exchange Commission. We promote you to reappraisal each of these disclosures. These risks and uncertainties whitethorn origin existent results to disagree materially from statements made today. We caution against placing undue reliance connected immoderate forward-looking statements, and we are -- presume nary work to update immoderate specified statement.

As shown connected Slide 4, connected today's call, we person Justin Brown, President and CEO; and Justin Forsberg, Chief Financial Officer and Treasurer. Other members of the absorption squad are besides disposable to reply your questions during the Q&A information of the telephone today, if necessary. I'll present crook the telephone implicit to Justin Brown.

Justin Brown: Good morning, everyone, and convey you for joining america today. Beginning connected Slide 5, we continued our beardown momentum successful the 2nd quarter, reporting adjusted net per stock from continuing operations of $0.45, which is adjusted for the magnitude of California revenues that had been deferred successful a memorandum relationship since the archetypal quarter. This show reflects ongoing execution of our regulatory strategy to enactment the timely betterment of prudent investments arsenic good arsenic materially little involvement disbursal pursuing the payoff of each outstanding HoldCo indebtedness past summer. We stay assured successful our outlook and are reaffirming our 2026 and semipermanent guidance ranges.