NW Natural unit SiEnergy strikes Texas rate case settlement for $8.6 million annual revenue hike
Bitget2026/09/23 10:00- NW Natural’s SiEnergy reached a settlement in its Texas general rate case, pending Railroad Commission of Texas sign-off.
- Deal sets an annual revenue requirement increase of $8.6 million versus the $12 million originally sought.
- Settlement assumes $343 million rate base, up $177 million from the 2023 rate case.
- Proposed capital structure: 59.75% equity, 40.25% long-term debt; ROE 9.8%; overall cost of capital 8%.
- New rates expected to take effect in November 2026 if regulators clear the settlement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270
Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Crypto prices
More
