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Southwest Gas Enters Registration Rights Agreement

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Southwest Gas Enters Registration Rights Agreement

TipRanks Cyber Monday Sale

Southwest Gas ( (SWX) ) just unveiled an announcement.

On November 26, 2025, Southwest Gas Holdings, Inc. entered into a Registration Rights Agreement with the Icahn Group, granting them certain registration rights. Additionally, the company appointed Justin S. Forsberg as Senior Vice President/Chief Financial Officer, effective December 1, 2025, marking a significant leadership change. Forsberg’s extensive experience in finance and accounting, along with his previous roles at IDACORP, Inc. and Idaho Power Company, positions him well for his new responsibilities. The company also filed a prospectus supplement to register the resale of shares held by selling stockholders, although it will not receive proceeds from these sales.

The most recent analyst rating on (SWX) stock is a Buy with a $91.00 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 Outperform.

Southwest Gas Holdings scores a 74, driven by strong earnings call highlights and attractive valuation metrics. The company’s technical indicators suggest positive momentum, while financial performance shows resilience in profitability and cash generation despite high leverage. The positive sentiment from the earnings call and strategic achievements further bolster confidence in the stock’s future performance.

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 the distribution and sale of natural gas. The company serves various markets and is involved in infrastructure development and maintenance related to energy services.

Average Trading Volume: 380,544

Technical Sentiment Signal: Buy

Current Market Cap: $5.92B

Learn more about SWX stock on TipRanks’ Stock Analysis page.

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