Southwest Gas posts transcript of Q2 2026 earnings call

Southwest Gas held its Q2 2026 earnings call with CEO Justin Brown and CFO Justin Forsberg, outlining regulatory updates and Great Basin plans.

Adjusted EPS from continuing operations rose to $0.45; reported EPS was $0.58, reflecting California rate-case revenue recognition.

Great Basin 2028 expansion shifted to a 48-inch design; estimated at about $2.3 billion in CapEx with $270 million-$300 million annual margin.

FERC CPCN filing is targeted before year-end; approval is expected in late 2027, with an in-service date set for Q4 2028.

Financing plan includes a $400 million utility-level bond issuance; management expects no equity issuance in 2026 outside the dividend reinvestment plan.