NORTHWEST NATURAL GAS CO

For the period ended Mar 31, 2026. Filed May 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 6, 2026

NWN$52.02+0.5%Stored close · as of Nov 9, 2026

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Contents

Item 1.

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

	Three Months Ended March 31,
In thousands, except per share data	2026	2025
Operating revenues	$490,403	$494,284
Operating expenses:
Cost of gas	158,149	172,991
Operations and maintenance	83,109	83,683
Environmental remediation	6,325	6,253
General taxes	16,343	15,771
Revenue taxes	18,100	19,405
Depreciation	44,134	40,500
Other operating expenses	1,375	1,327
Total operating expenses	327,535	339,930
Income from operations	162,868	154,354
Other income (expense), net	512	(2,516)
Interest expense, net	33,352	29,395
Income before income taxes	130,028	122,443
Income tax expense	32,539	34,527
Net income	97,489	87,916
Other comprehensive income (loss):
Amortization of non-qualified employee benefit plan liability, net of taxes $33 and $25 for the three months ended March 31, 2026 and 2025, respectively	91	175
Unrealized gain (loss) on interest rate swaps, net of taxes $(6) and $47 for the three months ended March 31, 2026 and 2025, respectively	30	(130)
Comprehensive income	$97,610	$87,961
Average common shares outstanding:
Basic	41,708	40,244
Diluted	41,816	40,304
Earnings per share of common stock:
Basic	$2.34	$2.18
Diluted	2.33	2.18

ContentsView on SEC.gov

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