Northwest Natural Holding Company (NW Natural)

Northwest Natural Holding Company, commonly known as NW Natural, is a publicly traded regulated utilities company headquartered in Portland, Oregon. Established in 1859, its mission is to provide safe, reliable, and affordable utility services and renewable energy in a sustainable way to better the lives of the communities it serves.

The company's core operations include natural gas distribution to residential, commercial, and industrial customers across Western Oregon and Southwest Washington. Beyond natural gas, NW Natural Holdings has diversified its portfolio to include water and wastewater services in the Pacific Northwest, Texas, Arizona, and California, and a growing renewable fuels business focused on renewable natural gas (RNG). It also operates significant gas storage facilities, such as the Mist underground storage facility in Oregon, and expanded its natural gas market presence into Texas through the acquisition of SiEnergy.

Justin B. Palfreyman assumed the role of President and Chief Executive Officer of NW Natural Holdings and CEO of NW Natural effective April 1, 2025. The company serves nearly one million customers across seven states and has been recognized by Ethisphere as one of the World's Most Ethical Companies for four consecutive years as of March 2025, alongside consistently high customer satisfaction scores. Recent developments include receiving the 2026 Corporate Excellence Award for Energy Affordability Leadership and announcing a year-over-year increase in Renewable Natural Gas in July 2026. The company reported strong Q2 2026 results, expecting its 2026 EPS to be in the upper half of its guidance range, driven by growth in its SiEnergy Texas utility and new rates in Washington and Oregon. Notably, in October 2024, NW Natural was named as a defendant in a $50 billion lawsuit by Multnomah County officials, alleging the company's role in climate change and deception regarding its risks. Northwest Natural Holding Company has also increased its quarterly dividend for 70 consecutive years.