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Upturn AI Summary - About
Northwest Natural Gas Co(NWN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NWN
09/25/2026: NWN (1-star) is a SELL. SELL for 4 days. Simulated Profits (-5.31%). Updated daily EoD!
Northwest Natural Gas Co is a regulated utility providing essential gas distribution services in the Pacific Northwest, complemented by an expanding water utility portfolio. The company is best known for its exceptional track record of dividend payments, making it a compelling choice for income-oriented investors seeking stability. Its primary growth strategy centers on diversifying through water utility acquisitions and adapting its gas network to renewable fuels. However, the company faces significant risks from regional electrification trends and strict regulatory environments that could limit future profitability. Investors should monitor rate-case outcomes and the company's progress in successfully balancing decarbonization mandates with long-term infrastructure investment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | NWN is a slow-growth utility not focused on aggressive capital appreciation. |
| Momentum investor | Weak fit | The stock typically exhibits low beta and steady, non-volatile price action. |
| Value investor | Mixed fit | Valuation is generally tied to regulated rate bases and interest rate environments. |
| Dividend investor | Strong fit | The company's status as a Dividend King makes it a premier choice for income-focused portfolios. |
| Low-risk investor | Strong fit | Regulated utility business models provide lower volatility compared to the broader equity market. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | As a regulated utility, price movements are generally tied to interest rate cycles and sector performance. |
| Valuation risk | Medium | Utilities can become overpriced when interest rates are low and investors seek yield alternatives. |
| Competition risk (electrification) | Medium / high | The transition to electric heating poses a long-term risk to natural gas utility demand. |
| Business quality | Strong | The company has a very long, stable history of operations and regulatory compliance. |
| Dividend income | Strong | Consistent dividend growth is a primary pillar of the investment thesis. |
| Execution risk | Medium | Successfully integrating water acquisitions and meeting decarbonization targets requires management focus. |
Price Behavior

Rolling Over
The price momentum is slowing down and beginning to turn downward.

Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -5.18% | Avg. Invested days 53 | Today’s Advisory SELL |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.98B USD | Price to earnings Ratio 15.84 | 1Y Target Price 57.4 |
Price to earnings Ratio 15.84 | 1Y Target Price 57.4 | ||
Volume (30-day avg) 255.1K shares | Beta 0.43 | 52 Weeks Range 41.91 - 54.92 | Updated Date 09/25/2026 |
52 Weeks Range 41.91 - 54.92 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 4.19% | Basic EPS (TTM) 2.97 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Natural Gas Distribution | Regulated gas sales and delivery to residential and industrial customers. | This is the core business providing steady, reliable revenue through monthly utility bills. |
| Water and Wastewater | Regulated water utility services in multiple US states. | This segment provides an additional, stable, regulated revenue stream to diversify the company. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 15.84 | Forward PE 14.45 | Enterprise Value 4.67B | Price to Sales(TTM) 1.53 |
Enterprise Value 4.67B | Price to Sales(TTM) 1.53 | ||
Enterprise Value to Revenue 3.61 | Enterprise Value to EBITDA 9.48 | Shares Outstanding 42.09M | Shares Floating 41.84M |
Shares Outstanding 42.09M | Shares Floating 41.84M | ||
Percent Insiders 0.62 | Percent Institutions 84.32 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Northwest Natural Gas Co
Exchange NYSE | Headquarters Portland, OR, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Justin B. Palfreyman | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 1619 | |
Full time employees 1619 | |||
Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. It operates through three segments: NWN Gas Utility, SiEnergy, and NWN Water. The company operates mist gas storage facility contracted to utilities, third-party marketers, and electric generators; offers natural gas asset management services; interstate storage; and operates an appliance retail center. It also engages in the gas storage, water and wastewater, non-regulated renewable natural gas, and other investment businesses. In addition, the company offers natural gas services in Oregon and southwest Washington; water and wastewater connections; and operation, maintenance, and management services to water and wastewater system owners. Northwest Natural Holding Company was founded in 1859 and is headquartered in Portland, Oregon.

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