Southwest Gas Corp (SWX)
NYSEUtilitiesRegulated GasSnapshot 2026-11-05
$90.49-1.99%
Close 2026-11-05 · 1-day change
NYSEUtilitiesRegulated GasSnapshot 2026-11-05
QuarterlyIQ Insights · SWX
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance dropped from the top half to the bottom half of its industry over the past month — the reason to own it has weakened.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -0.5% |
| Our one-year growth estimate | diamond | 17.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 17.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 4 industry peers · Company calendar date is not available
SWX — President transition
Dated 2026-10-20
Chief Administrative Officer — Randall P. Gabe: The filing announces the planned retirement of a Senior Vice President and Chief Administrative Officer after 30 years, with a transition period and no indication of a sudden loss or disagreement.
Why it matters: The filing is a key step toward the planned 2028 expansion. Delays could put the project schedule at risk.
Supportive ifGreat Basin files its FERC certificate application later in 2026, as planned. The filing stays on schedule.
Worry ifThe application is not filed in 2026, or the company reports a filing delay.
Why it matters: Southwest Gas asked Nevada for about $74 million more in annual revenue. The order will show how much cost recovery the company gets.
Watch forNevada approves an annual revenue increase near the requested $74 million. It sets new rates on the filing timeline.
Also watch forNevada grants far less than the requested $74 million, or the rate case timeline slips materially.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$78 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $166 loss on $10,000 · 1.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,347 loss on $10,000 · 13.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.