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Southwest Gas Amends Term Loan Agreement

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Southwest Gas Amends Term Loan Agreement

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Southwest Gas ( (SWX) ) has issued an update.

On June 27, 2025, Southwest Gas Holdings, Inc. amended its Term Loan Credit Agreement, extending the maturity date to June 26, 2026, and reducing the lenders’ commitments from $550 million to $225 million. Additionally, the company entered into a new Revolving Credit Agreement with a $300 million capacity, replacing an existing facility and maturing on August 1, 2029. These financial adjustments are aimed at optimizing the company’s credit structure and financial flexibility.

The most recent analyst rating on (SWX) stock is a Hold with a $76.00 price target. To see the full list of analyst forecasts on Southwest Gas stock, see the SWX Stock Forecast page.

Spark’s Take on SWX Stock

According to Spark, TipRanks’ AI Analyst, SWX is a Neutral.

Southwest Gas’s overall score reflects its operational efficiency and strategic growth plans, tempered by high leverage and valuation concerns. Positive developments in regulatory outcomes and expansion projects support future growth potential.

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

More about Southwest Gas

Southwest Gas Holdings, Inc. operates in the energy sector, primarily focusing on providing natural gas services. The company is involved in the distribution and transportation of natural gas, serving residential, commercial, and industrial customers across various regions.

Average Trading Volume: 477,323

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.41B

For an in-depth examination of SWX stock, go to TipRanks’ Overview page.

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