Seasonality

NWN seasonality — NW Natural

Over the last 11 years, NWN's strongest month on average has been November (+3.8%) and its weakest September (-2.9%).

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Average return by month

Month-by-month statistics

MonthAvgMedianUp %BestWorstYrs
Jan-0.31%-0.43%40%+5.4%-5.3%10
Feb+1.02%+2.22%60%+13.9%-10.4%10
Mar+2.14%+0.82%60%+12.4%-6.1%10
Apr+0.87%+0.87%60%+6.3%-7.5%10
May-1.12%-1.92%30%+13.5%-9.1%10
Jun-1.50%-1.44%40%+6.7%-13.0%10
Jul+1.76%+0.79%60%+10.7%-4.1%10
Aug-1.64%-0.23%40%+5.1%-11.3%10
Sep-2.86%-2.86%30%+8.2%-11.2%10
Oct+0.37%-2.02%40%+10.9%-4.7%10
Nov+3.83%+4.20%67%+12.7%-4.4%9
Dec-1.58%-4.53%40%+13.1%-13.7%10

Monthly returns heat map — NWN

price return, %
YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026 -0.413.90.3-0.4-8.51.2-0.30.3-4.97.03.6 +10.7%
2025 0.92.44.50.9-4.9-3.00.54.08.21.38.7-5.5 +18.1%
2024 -5.3-0.31.32.5-1.9-3.510.70.61.5-4.712.7-9.7 +1.6%
2023 5.4-3.6-1.6-1.3-9.10.8-0.2-8.6-2.9-3.8-0.26.3 -18.2%
2022 -3.09.9-0.6-7.513.5-2.21.1-11.3-8.910.94.2-5.0 -2.4%
2021 1.62.712.4-0.1-1.9-0.7-0.4-1.6-10.6-2.0-4.413.1 +6.1%
2020 -0.5-10.4-6.15.4-1.5-13.0-4.1-4.5-11.2-2.17.8-4.0 -37.6%
2019 3.52.62.21.92.91.02.8-0.1-0.0-2.8-0.87.2 +21.9%
2018 -3.9-9.110.66.3-2.56.72.1-0.43.1-3.12.4-8.8 +1.4%
2017 -1.52.0-1.70.82.8-2.35.45.1-2.93.04.2-13.7 -0.2%
2016 4.4