Southwest Gas's Pipeline Bet: A Boom or a Bubble? Southwest Gas Holdings' recent announcement that its pipeline bet has grown by $600 million may seem like good news on the surface.
The company's net income has indeed turned around, and it's reaffirmed its full year guidance for 2026.
The Great Basin 2028 Expansion Project is driving Southwest Gas's growth, with contracted demand increasing by 1 billion cubic feet per day.