ADDED
At February 12, 2026, 41,563,846 shares of Northwest Natural Holding Company's Common Stock (the only class of Common Stock) were outstanding.
Business 8 Overview 8 Business Model 8 Environmental Matters 18 Human Capital 18 Information About Our Executive Officers 19 Available Information 19 Item 1A.
Market for Registrant s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 39 Item 6.
Authorized ROR refers to the rate of return approved by a regulatory agency and is generally discussed in the context of ROE and capital structure RRC Railroad Commission of Texas; the entity that, along with the cities in which SiEnergy operates, regulates SiEnergy's natural gas business RSU Restricted Stock Unit RTC Renewable Thermal Certificate S P Standard Poor's Financial Services LLC, a credit rating agency and a subsidiary of S P Global Inc.
Sales Service Service provided whereby a customer purchases both natural gas commodity supply and transportation from the NW Natural Gas business SiEnergy SiEnergy Operating, LLC, a wholly-owned subsidiary of Northwest Natural Holding Company SEC U.S.
BUSINESS OVERVIEW NW Holdings is a holding company headquartered in Portland, Oregon and owns NW Natural, SiEnergy Operating, LLC (SiEnergy Gas Utility or SiEnergy), NW Natural Water Company, LLC (NWN Water Utility or NWN Water), and NW Natural Renewables Holdings, LLC (NWN Renewables).
Prior to the first quarter of 2025, NW Natural's natural gas distribution activities were reported in the natural gas distribution (NGD) segment.
SiEnergy owns and operates SiEnergy Holdings, which includes SiEnergy Gas and Terra Transmission, a gas distribution and a transmission utility, respectively, and provides gas distribution and transmission to customers in Texas.
NWN Water provides regulated water and wastewater services and unregulated wastewater and operations services to customers in Oregon, Washington, Idaho, Arizona, and Texas.
NWN Renewables is a non-regulated business established to pursue non-regulated renewable natural gas activities.
REMOVED
At February 18, 2025, 40,238,495 shares of Northwest Natural Holding Company's Common Stock (the only class of Common Stock) were outstanding.
Business 8 Overview 8 Business Model 8 Natural Gas Distribution 8 Other 13 Environmental Matters 15 Human Capital 15 Information About Our Executive Officers 16 Available Information 16 Item 1A.
Authorized ROR refers to the rate of return approved by a regulatory agency and is generally discussed in the context of ROE and capital structure RSU Restricted Stock Unit RTC Renewable Thermal Certificate S P Standard Poor's Financial Services LLC, a credit rating agency and a subsidiary of S P Global Inc.
Sales Service Service provided whereby a customer purchases both natural gas commodity supply and transportation from the NGD business SEC U.S.
BUSINESS OVERVIEW NW Holdings is a holding company headquartered in Portland, Oregon and owns NW Natural, NW Natural Water Company, LLC (NWN Water), NW Natural Renewables Holdings, LLC, a non-regulated subsidiary established to pursue non-regulated renewable natural gas activities, and other businesses and activities.
NW Natural's natural gas distribution activities are reported in the natural gas distribution (NGD) segment.
NATURAL GAS DISTRIBUTION (NGD) SEGMENT Both NW Holdings and NW Natural have one reportable segment, the NGD segment, which is operated by NW Natural.
NGD provides natural gas service through approximately 806,000 meters in Oregon and southwest Washington.
On an annual basis, residential and commercial customers typically account for approximately 60% of NGD volumes delivered and approximately 90% of NGD margin.
8 The following table presents summary meter information for the NGD segment as of December 31, 2024: Number of Meters % of Volumes % of Margin Residential 735,117 38 % 65 % Commercial 69,362 23 % 25 % Industrial 1,050 39 % 6 % Other (1) N/A N/A 4 % Total 805,529 100 % 100 % (1) NGD margin is also affected by other items, including miscellaneous revenues, gains or losses from NW Natural's gas cost incentive sharing mechanism, other margin adjustments, and other regulated services.