Northwest Natural Holding Co
Close on Oct 19, 2026
- Market cap
- $2.02B
- P/E (TTM)
- 16.0
- Dividend yield
- 4.09%
About Northwest Natural
Natural Gas Distribution, SIC 4924
NW Holdings is a utility holding company that provides natural gas distribution, gas transmission, water, and wastewater services. The company operates primarily through three reportable business segments: NWN Gas Utility, SiEnergy, and NWN Water. Through NW Natural, it distributes natural gas and manages underground gas storage facilities. Through SiEnergy, it operates natural gas distribution and transmission utilities. Through NWN Water, the company provides regulated water and wastewater utility services, as well as operations, maintenance, and management contract services. Across its business segments, customers include residential, commercial, industrial, irrigation, fire protection, and transmission users, along with electric utilities and system owners.
The company operates natural gas distribution systems serving approximately 810,000 meters in Oregon and southwest Washington, and approximately 90,000 meters primarily in the Dallas/Fort Worth, Houston, and Austin areas of Texas. Its water and wastewater businesses serve roughly 81,000 utility connections across Oregon, Washington, Idaho, Texas, and Arizona, as well as about 38,000 contract service connections in Oregon, Washington, and California. NW Holdings is headquartered in Portland, Oregon.
Summary of the business section of Northwest Natural's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Northwest Natural Holding Co
- Founded
- 1859
- Headquarters
- Portland, OR
- Address
- 250 Sw Taylor Street 97204
- Phone
- (503) 226-4211
- Website
- www.nwnatural.com
- Employees
- 40, Dec 31, 2025
- Industry
- Natural Gas Distribution
- Incorporated in
- Oregon
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Portland, Oregon
Stock & identifiers
- Ticker
- NWN
- Exchange
- NYSE
- Shares outstanding
- 42M, Jul 28, 2026
- Public float
- $1.61B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Sep 9, 1996
- SEC CIK
- 1733998
- CUSIP
- 66765N105
- ISIN
- US66765N1054
- LEI
- 254900PSJL6ZEC8FR782
- EIN
- 82-4710680
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Justin Palfreyman | President & CEO, Director | 28,451 |
| Brody J. Wilson | VP, Treas, Controller & CAO | 20,788 |
| Raymond J. Kaszuba III | SVP & Chief Financial Officer | 7,234 |
| Zachary D. Kravitz | VP, Regulatory Affairs and | 4,062 |
| Brian Fellon | VP, CIO & CISO | 1,572 |
| Joseph S. Karney | VP, Eng. & Utility Operations | 4,751 |
| David A. Weber | VP, Gas Supply | 22,146 |
| Kathryn M. Williams | VP, Chief PA & Sustainability | 7,111 |
| MardiLyn Saathoff | Chief Legal Officer & SVP, Reg | 50,859 |
| Kimberly Heiting Rush | President | 27,105 |
| Melinda B. Rogers | VP, Chief HR and | 13,471 |
| Megan H. Berge | SVP, GC, CCO & Corp. Sec. | 5,841 |
| Kyra Patterson | VP and Chief People Officer | 2,463 |
| David Hugo Anderson | Director | 58,323 |
| Mary E. Ludford | Director | 4,924 |
| Peter J. Bragdon | Director | 5,455 |
| Sandra McDonough | Director | 11,217 |
| Karen Lee | Director | 22,710 |
| David K. McCurdy | Director | 6,730 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mranderson | $575.78K | $1.15M | $1.56M | $127 | $143 |
| FY2025 Mrpalfreyman | $3.70M | $3.61M | $1.56M | $127 | $143 |
| FY2024 | $4.14M | $3.72M | $1.32M | $102 | $123 |
| FY2024 Mranderson | $4.14M | $3.72M | $1.32M | $102 | $123 |
| FY2024 Mrpalfreyman | $0 | $0 | $1.32M | $102 | $123 |
| FY2023 | $3.54M | $2.58M | $1.14M | $96 | $111 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Avion Water operates in Bend, Oregon and the surrounding communities, serving approximately 17,000 customer connections and employing 40 people.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 9, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |