Every material Form 8-K NW Natural filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
NW Natural Holdings reported a third-quarter 2024 net loss of $27.2 million ($0.71 per share), wider than the $23.7 million loss a year earlier, on operating revenues of $136.9 million, down 3%. Nine-month net income fell 31% to $33.9 million ($0.88 per share), which the company attributed mainly to regulatory lag, and it reaffirmed its 2024 GAAP EPS guidance of $1.94 to $2.14 while raising its dividend.
Q3 2024 net loss of $27.2 million ($0.71 per share) vs. a net loss of $23.7 million ($0.65 per share) in Q3 2023
Nine-month 2024 net income of $33.9 million ($0.88 per share) vs. $49.2 million ($1.37 per share) in 2023
2024 GAAP EPS guidance of $1.94 to $2.14 reaffirmed; non-GAAP Adjusted guidance of $2.20 to $2.40
Quarterly dividend of 49 cents per share, annual indicated rate $1.96, payable Nov. 15, 2024
Northwest Natural Holding Company's board elected Mary E. Ludford as a Class III director effective August 19, 2024, and increased the board from 11 to 12 members. She was also named to the board of its subsidiary, Northwest Natural Gas Company, and appointed to the Audit and Finance Committees. The filing describes a routine board addition with no change in financial results or guidance.
Mary E. Ludford elected to the Board effective August 19, 2024, with a term expiring at the 2025 Annual Meeting of Shareholders
Board increased from 11 to 12 directors, effective August 19, 2024
Ludford appointed to the Audit Committee and Finance Committee; board determined she is independent under NYSE standards
Ludford previously served at Exelon Corporation and PECO Energy and currently sits on the board of Otter Tail Corporation
Northwest Natural Holding Company said Raymond Kaszuba III will become senior vice president and chief financial officer of NW Holdings and NW Natural on August 31, 2024. He succeeds Brody J. Wilson, whose interim CFO role ends with the appointment; Wilson will return to the role of Vice President, Treasurer, Controller and Chief Accounting Officer.
Kaszuba's annual salary is $525,000, with a $200,000 hiring bonus and a $100,000 relocation payment.
His long-term incentive opportunity is targeted at $550,000, to be delivered at the February 2025 Board meeting.
His change in control severance agreement provides a cash payment of two times base salary and target annual bonus.
Wilson's annual salary is adjusted to $332,000, with his EAIP target raised to 35% of base salary.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every NW Natural filing is on SEC EDGAR ↗. 8-K briefs of other companies →