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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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NWN
10/23/2026: NWN (1-star) is currently NOT-A-BUY. Pass it for now.
Northwest Natural Gas Company is a regulated utility primarily serving the Pacific Northwest, recognized for its stable, long-term operational history and consistent dividend payouts. The company is actively diversifying its revenue by expanding into the water and wastewater utility sector, which serves as its primary growth narrative. Its main strengths include a regulated franchise and a commitment to income, though it faces long-term risks from decarbonization mandates and regional electrification trends. The stock is best suited for income-focused and conservative investors seeking defensive exposure. Key developments to monitor include the success of water asset integration and the company's progress in renewable natural gas initiatives.
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 focused on stability rather than aggressive capital appreciation. |
| Momentum investor | Weak fit | The stock typically exhibits low beta and steady price action rather than high-momentum breakouts. |
| Value investor | Mixed fit | Valuation is often linked to interest rate cycles, providing opportunities for value-oriented income investors. |
| Dividend investor | Strong fit | The company has a long history of paying and increasing dividends, making it suitable for income-focused portfolios. |
| Low-risk investor | Strong fit | As a regulated utility, it offers relatively lower volatility and predictable cash flows compared to cyclical sectors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Utilities are generally less volatile than the broader market due to their defensive nature. |
| Valuation risk | Medium | Utility stocks can face pressure when market interest rates rise, impacting their relative valuation. |
| Competition risk (electrification) | Medium | The transition to electric heating poses a long-term threat to natural gas demand. |
| Business quality | Strong | The company benefits from a protected, regulated utility franchise. |
| Dividend income | Strong | Reliable dividend payouts are a core feature of the investment thesis. |
| Execution risk | Medium | Integrating new water utility acquisitions successfully is critical for long-term growth. |
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 PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/23/2026 |
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 Mid-Cap Stock | Market Capitalization 2.10B USD | Price to earnings Ratio 16.57 | 1Y Target Price 55.33 |
Price to earnings Ratio 16.57 | 1Y Target Price 55.33 | ||
Volume (30-day avg) 284.7K shares | Beta 0.39 | 52 Weeks Range 43.15 - 54.92 | Updated Date 10/23/2026 |
52 Weeks Range 43.15 - 54.92 | Updated Date 10/23/2026 | ||
Dividends yield (FY) 3.94% | Basic EPS (TTM) 3.01 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Natural Gas Distribution | Delivering natural gas to residential and commercial customers in the Pacific Northwest. | This is the primary revenue engine, backed by regulated rates. |
| Water and Wastewater | Operations of acquired local water and wastewater utility systems. | A growth-oriented segment aiming to diversify the company's utility footprint. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 16.57 | Forward PE 15.15 | Enterprise Value 4.17B | Price to Sales(TTM) 1.62 |
Enterprise Value 4.17B | Price to Sales(TTM) 1.62 | ||
Enterprise Value to Revenue 3.37 | Enterprise Value to EBITDA 9.93 | Shares Outstanding 42.09M | Shares Floating 41.85M |
Shares Outstanding 42.09M | Shares Floating 41.85M | ||
Percent Insiders 0.61 | Percent Institutions 83.56 |
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.
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