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Northwest Gas Gains Approval for Rate Increase

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Northwest Gas Gains Approval for Rate Increase

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Northwest Gas ( (NWN) ) has issued an update.

On December 30, 2024, NW Natural filed a request with the Public Utility Commission of Oregon for a $59.4 million annual revenue increase, including $10 million for an updated depreciation study. Following negotiations with various stakeholders, a stipulation was reached, resulting in a $21.3 million increase, later adjusted to $20.7 million after final regulatory approval on October 24, 2025. The new rates, reflecting a capital structure of 50% equity and 50% debt, are expected to take effect on October 31, 2025.

The most recent analyst rating on (NWN) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on Northwest Gas stock, see the NWN Stock Forecast page.

Spark’s Take on NWN Stock

According to Spark, TipRanks’ AI Analyst, NWN is a Outperform.

Northwest Gas’s overall score reflects strong earnings growth and strategic expansions, particularly in Texas, as highlighted in the earnings call. While technical indicators show bullish momentum, overbought conditions suggest caution. Financial performance is solid but hampered by high leverage and cash flow challenges.

To see Spark’s full report on NWN stock, click here.

More about Northwest Gas

Northwest Natural Gas Company (NW Natural) is a wholly owned subsidiary of Northwest Natural Holding Company, operating in the natural gas industry. The company primarily focuses on providing natural gas services and is engaged in regulatory and market activities within Oregon.

Average Trading Volume: 240,325

Technical Sentiment Signal: Buy

Current Market Cap: $1.96B

Find detailed analytics on NWN stock on TipRanks’ Stock Analysis page.

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