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SWX / Southwest Gas receives indication of interest well above Icahn's 'inadequate' buyout bid

Southwest Gas receives indication of interest well above Icahn's 'inadequate' buyout bid
Southwest Gas Holdings Inc. SWX, +1.21% announced Monday plans to explore strategic alternatives, including a sale of the company. The natural gas transportation company said its plan followed the receipt of an "indication of interest well in excess" of the $82.50-per-share cash buyout bid it received from Carl Icahn, which the company rejected for being "inadequate, structurally coercive, highly conditional," and undervalues the company. Read More
Posted: Apr 18 2022, 06:15
Author Name: Market Watch
Views: 110548

SWX News  

Southwest Gas Holdings: Should Handle Weakening Consumers, But Valuation High

By Seeking Alpha
September 12, 2023

Southwest Gas Holdings: Should Handle Weakening Consumers, But Valuation High

Southwest Gas Holdings, Inc. is a regulated natural gas utility that operates in Nevada, Arizona, and California. The company's stock has been perform more_horizontal

Southwest Gas (SWX) Rides on Investments, Expanding Customer Base

By Zacks Investment Research
September 6, 2023

Southwest Gas (SWX) Rides on Investments, Expanding Customer Base

Southwest Gas (SWX) is likely to further benefit from its systematic investment plans, expanding customer base and separation of Centuri. more_horizontal

Reasons to Add Southwest Gas (SWX) to Your Portfolio Now

By Zacks Investment Research
August 24, 2023

Reasons to Add Southwest Gas (SWX) to Your Portfolio Now

Southwest Gas (SWX) makes a strong case for investment, given its positive growth estimates, stable dividend position and strong investment plan. more_horizontal

Southwest Gas (SWX) Q2 Earnings & Revenues Outpace Estimates

By Zacks Investment Research
August 9, 2023

Southwest Gas (SWX) Q2 Earnings & Revenues Outpace Estimates

Southwest Gas Holdings' (SWX) Q2 earnings surpass estimates. The company increases the Natural Gas Distribution segment's 2023 capital expenditure gui more_horizontal

Southwest Gas (SWX) Q2 Earnings and Revenues Beat Estimates

By Zacks Investment Research
August 9, 2023

Southwest Gas (SWX) Q2 Earnings and Revenues Beat Estimates

Southwest Gas (SWX) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to ear more_horizontal

What's in Store for Southwest Gas (SWX) in Q2 Earnings?

By Zacks Investment Research
August 8, 2023

What's in Store for Southwest Gas (SWX) in Q2 Earnings?

Southwest Gas' (SWX) second-quarter 2023 earnings are likely to have benefited from expanding customer growth and lower operations and maintenance exp more_horizontal

Southwest Gas: Reasonable Total Return And A Growing Service Area

By Seeking Alpha
July 3, 2023

Southwest Gas: Reasonable Total Return And A Growing Service Area

Southwest Gas Holdings is a stable natural gas utility serving Arizona, Nevada and parts of California. The populations of Nevada and Arizona are both more_horizontal

Carl Icahn Buys Activist Target Illumina, Adds to Southwest Gas Stake

By GuruFocus
May 30, 2023

Carl Icahn Buys Activist Target Illumina, Adds to Southwest Gas Stake

Billionaire investor Carl Icahn (Trades, Portfolio) disclosed his firm's first-quarter equity portfolio earlier this month. more_horizontal


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