Every material Form 8-K Southwest Gas filed with the SEC in 2026, 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.
Southwest Gas Holdings reported third-quarter 2026 adjusted earnings per share from continuing operations of $0.20, compared with $0.06 a year earlier, and reaffirmed its 2026 adjusted EPS guidance of $4.17 to $4.32 per share. Reported net income attributable to the company fell to $12.8 million from $262.6 million, because the prior-year period included a gain on the disposition of Centuri.
Q3 2026 adjusted EPS from continuing operations was $0.20, versus $0.06 in Q3 2025; GAAP EPS from continuing operations was $0.18, versus a loss of $0.05.
Q3 2026 net income attributable to the company was $12.8 million, versus $262.6 million, which included $266.3 million from discontinued operations in the prior-year period.
Nine-month 2026 adjusted EPS from continuing operations was $2.69, versus $2.28 a year earlier.
Nevada rate case final decision added nearly $48 million of annual revenue, with rates effective October 2026; California rate case added $32.6 million.
Randall P. Gabe, Senior Vice President and Chief Administrative Officer of Southwest Gas Corporation, told the company on October 20, 2026, that he intends to retire on or before June 1, 2027, after 30 years of service. Until then he will take a new role as Senior Vice President/Business Development, supporting the 2028 Great Basin Expansion project and overseeing the Emerging Technology and Innovation team. The filing states his decision was not the result of any disagreement with the company on operations, policies or practices.
Randall P. Gabe, SVP and Chief Administrative Officer, intends to retire effective on or before June 1, 2027
Gabe has 30 years of service with the company
New role: SVP/Business Development, supporting the 2028 Great Basin Expansion project and overseeing Emerging Technology and Innovation team until retirement
Filing states no disagreements with the company led to the retirement
Southwest Gas Holdings reported second-quarter 2026 net income from continuing operations of $42.1 million, compared with a $0.7 million loss a year earlier, and diluted EPS of $0.58. Consolidated operating revenues fell to $358.2 million from $396.3 million, and the company reaffirmed its 2026 EPS guidance of $4.17 to $4.32 per share from continuing operations.
Q2 2026 net income from continuing operations was $42.1 million vs. a $0.7 million loss in Q2 2025; adjusted EPS from continuing operations was $0.45 vs. $0.37.
Consolidated operating revenues were $358.2 million vs. $396.3 million in the year-earlier quarter.
2026 EPS from continuing operations guidance of $4.17 to $4.32 per share was reaffirmed.
Great Basin 2028 Expansion Project estimates rose to about $2.3 billion of capital and $270 million to $300 million of annual margin; the company says the higher estimates are not yet in its long-term guidance, and a final California cost-o
Southwest Gas Holdings reported first-quarter 2026 diluted earnings per share from continuing operations of $1.91, up from $1.86 a year earlier, and affirmed its full-year 2026 earnings guidance of $4.17 to $4.32 per share. The company said a delayed California rate case decision weighed on first-quarter results, but it expects a memorandum account to address that impact, and it raised its quarterly dividend to $0.645 per share.
Net income from continuing operations was $138.4 million, up from $134.3 million; consolidated operating revenues were $585.1 million, down from $746.4 million.
Diluted EPS from continuing operations was $1.91 versus $1.86 for the quarter ended March 31, 2025, an increase of 2.7%.
2026 EPS from continuing operations guidance of $4.17 to $4.32 was affirmed; the quarterly dividend rose to $0.645 per share, a 4% increase.
Arizona and Nevada general rate cases request about $101 million and $71 million in added revenue, respectively.
Southwest Gas Holdings said CEO and President Karen S. Haller will resign effective May 8, 2026, and will stay on as an employee and advisor through December 31, 2026. The board appointed Justin Lee Brown as President and CEO effective the same date, and he is nominated for the board at the 2026 annual meeting. The filing states Ms. Haller's resignation was not the result of any disagreement with the companies on operations, policies or practices.
Karen S. Haller resigns as President, CEO and director of Southwest Gas Holdings, effective May 8, 2026; director role ends at the 2026 annual meeting on May 7, 2026
Justin Lee Brown appointed President and CEO of Southwest Gas Holdings and CEO of Southwest Gas Corporation, effective May 8, 2026
Brown's compensation: $900,000 base salary, 110% target cash incentive, $3.1 million one-time PSU award, and 330% target long-term incentive beginning in 2027
Haller will receive a monthly salary of $95,000 while serving as an advisor through December 31, 2026
Southwest Gas Holdings reported fourth-quarter 2025 diluted EPS of $1.43, up from $1.28 a year earlier, while consolidated operating revenues fell to $480.7 million from $553.1 million. The company also raised its quarterly dividend 4% to $0.645 per share starting in the second quarter of 2026 and initiated 2026 EPS guidance of $4.17 to $4.32 per share.
Q4 2025 diluted EPS $1.43 vs. $1.28 a year earlier; adjusted EPS from continuing operations $1.36 vs. $1.20
Q4 2025 consolidated operating revenues $480.7 million vs. $553.1 million; full year $1.94 billion vs. $2.48 billion
2026 EPS from continuing operations guidance of $4.17 to $4.32; 2026 capital expenditures of about $1.25 billion
Quarterly common dividend raised 4% to $0.645 per share, beginning with the second quarter of 2026
Southwest Gas Holdings said director Anne L. Mariucci will not stand for re-election and will retire from the Board at the conclusion of the 2026 Annual Meeting of Stockholders. She had served nearly 20 years on the Board, including as Chair of the Strategic Transactions Committee. The filing states there were no disagreements with the company that led to her decision.
Anne L. Mariucci notified the company on February 6, 2026 of her decision
Retirement takes effect at the conclusion of the 2026 Annual Meeting of Stockholders
She served nearly 20 years on the Board and chaired the Strategic Transactions Committee
The company states there were no disagreements over operations, policies or practices
On January 9, 2026, the Audit Committee concluded that Southwest Gas Holdings' unaudited financial statements for the periods ended June 30 and September 30, 2025 should no longer be relied upon. Errors in state income tax expense and deferred income taxes understated tax expense and net deferred income tax liabilities, which lowers reported net income for those periods. The company says revenues, operating margin and cash flows were not affected, and the restated figures will appear in its 2025 Form 10-K.
Income tax expense and net deferred income tax liabilities were understated by about $27 million for the three and six months ended June 30, 2025, and by an incremental $8 million for the three and nine months ended September 30, 2025.
Restated three months ended September 30, 2025 shows a loss from continuing operations of $3.8 million, compared with income of $4.2 million as previously reported.
The errors arose because state apportionment rates were not updated after Centuri share sales on May 22, 2025 and August 11, 2025.
The restated amounts are preliminary and unaudited by PricewaterhouseCoopers LLP, and the company expects a material weakness in internal controls for its 2025 Form 10-K.
Director Andrew Teno resigned from the Southwest Gas board effective immediately on December 31, 2025. He had served since May 6, 2022, as one of the Icahn Group's designated directors under the October 14, 2025 Cooperation Agreement. The filing says the Icahn Group does not currently intend to appoint a replacement, so the board plans to reduce its size from 11 to 10 members. The filing states that Teno's resignation was not due to any disagreement with the company on financial statements, operations, policies or practices.
Andrew Teno resigned from the board effective immediately on December 31, 2025, after serving since May 6, 2022.
Teno was one of the Icahn Group's designated directors under the Cooperation Agreement dated October 14, 2025.
The Icahn Group has notified the company it does not currently intend to appoint a Replacement Designee; the board intends to reduce its size from 11 to 10.
Ruby Sharma is expected to replace Teno on the Strategic Transactions Committee; the company does not intend to replace him on the Compensation Committee at this time.
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 Southwest Gas filing is on SEC EDGAR ↗. 8-K briefs of other companies →