☀️Trending News

For those looking for a secure and reliable investment in times of economic uncertainty, Northwest Natural Holding ($NYSE:NWN) is an ideal option. With its high-yield utility stock, Northwest Natural Holding provides a safe haven for investors looking to protect their finances while still taking advantage of opportunities to maximize returns. Northwest Natural Holding is a publicly-traded holding company based out of Portland, Oregon. The company operates in two primary segments: natural gas distribution and gas storage.

In addition, the company has various other businesses including transportation and energy marketing. Its natural gas operations are conducted through its subsidiary, Northwest Natural Gas Company. In addition to providing a secure and reliable source of returns for investors, Northwest Natural Holding also offers competitive dividends. The company’s current dividend yield stands at 4%, making it one of the highest-yielding utilities on the market.

Stock Price

On Thursday, its stock opened at $44.3 and closed at $43.9, down by a slight 0.8% from the previous closing price of 44.3. Despite the volatility in the stock market, Northwest Natural Holding has been able to remain relatively stable and is an attractive option for those looking for a reliable investment. In addition, Northwest Natural Holding’s diversified portfolio of natural gas distribution operations has enabled it to remain resilient in the face of market fluctuations. With investments in natural gas distribution, storage and transportation, Northwest Natural Holdings is well-positioned to benefit from the increasing demand for natural gas in the coming years. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for NWN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for NWN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for NWN. More…

Key Ratios Snapshot

Some of the financial key ratios for NWN are shown below. More…

Analysis

GoodWhale is pleased to analyze the financials of NORTHWEST NATURAL HOLDING. After analyzing the company’s risk profile, GoodWhale has determined that NORTHWEST NATURAL HOLDING is a medium risk investment in terms of financial and business aspects. Our detailed analysis also found a single risk warning in the income sheet. Sign up with GoodWhale to find out more about the risk warning and gain access to more detailed reports and financials on NORTHWEST NATURAL HOLDING. More…

Peers

Its competitors include RGC Resources Inc, ONE Gas Inc, and Indraprastha Gas Ltd. The company has a strong market position and is well-positioned to continue its growth.

– RGC Resources Inc ($NASDAQ:RGCO)

RGC Resources is a diversified energy services company that provides natural gas and electricity to residential, commercial, and industrial customers in Virginia, North Carolina, and South Carolina. The company also provides energy-related products and services to customers in Virginia and North Carolina. RGC Resources has a market cap of 206.32M as of 2022, a Return on Equity of -13.92%. The company has been in operation for over 100 years and is headquartered in Roanoke, Virginia.

– ONE Gas Inc ($NYSE:OGS)

Natl Gas Co is a holding company, which engages in the distribution of natural gas. It operates through the following segments: Natural Gas and Others. The Natural Gas segment offers natural gas to residential, commercial and industrial customers. The Others segment includes activities of the Company’s subsidiaries in the electricity, water and waste industries. The company was founded on December 28, 1922 and is headquartered in Buenos Aires, Argentina.

– Indraprastha Gas Ltd ($BSE:532514)

Indraprastha Gas Ltd (IGL) is an Indian natural gas distribution company. It is engaged in the business of marketing and distributing natural gas in the National Capital Region of India. IGL also has a city gas distribution network in the cities of Agra and Kanpur. The company has a customer base of over 2.6 million customers.

IGL has a market capitalization of Rs 296.1 billion as of March 31, 2022. The company has a return on equity of 17.79%. IGL is a leading player in the city gas distribution market in India. The company has a strong presence in the National Capital Region of India, with a customer base of over 2.6 million customers.

Summary

Northwest Natural Holding (NWN) is a high-yielding utility stock that is attractive to investors in times of economic downturn. Its stock price is also relatively low compared to its peers, offering potential upside for investors. As such, NWN is an attractive option for income investors looking for a steady stream of income during an economic downturn.