What is Northwest Natural's NWN gas utility — cost of gas?

Northwest Natural (NWN) reported NWN gas utility — cost of gas of $53.33M in Q2 2026.

How has Northwest Natural's NWN gas utility — cost of gas changed year-over-year?

Northwest Natural's NWN gas utility — cost of gas decreased by 6.3% year-over-year, from $56.94M to $53.33M.

What does NWN gas utility — cost of gas mean?

This metric represents the direct costs incurred by the utility to purchase the natural gas commodity supplied to its customers. It is a significant variable expense that is often subject to regulatory pass-through mechanisms. Managing this cost is critical for maintaining competitive pricing and stable margins in the utility sector.

Northwest Natural (NWN) NWN Gas Utility — Cost of gas

Screener

Other segment segments

SiEnergy

$3.38M+13.6%

Similar metrics at other companies

CMS

CMSGas Utility — Cost of gas sold

$514M+34.6%

CMS

CMSElectric Utility — Cost of gas sold

$0—

CNP

CNPNatural Gas — Utility natural gas, fuel and purchased power

$214M-9.3%

CNP

CNPElectric — Utility natural gas, fuel and purchased power

$67M+3.1%

MDUNatural gas distribution — Purchased natural gas sold

$239.39M-24.5%

CNP

CNPCorporate and Other — Utility natural gas, fuel and purchased power

$0—

Other financials

Income statement

See full

Revenue$243.6M+3.1%

Operating income$33.2M+21.9%

Net income$1.2M+135%

EPS (diluted)$0.01+117%

Balance sheet

See full

Cash & equivalents$29.8M-72.0%

Total debt$2.6B+10.9%

Total equity$1.6B+6.9%

Total assets$6.4B+11.3%

Cash flow

See full

Operating cash flow$109.7M+7.4%

CapEx$121.3M+0.7%

Free cash flow-$11.6M+36.8%

Valuation

See full

Market cap$2.14B+31.4%

Enterprise value$4.68B+21.9%

P/E12.8×+1.5×

P/S1.7×+0.3×

Profitability

See full

Operating margin22.8%+2.9pp

Net margin12.9%+1.3pp

FCF margin-20.6%+13.6pp

Returns & leverage

See full

Return on equity11.1%+0.8pp

Debt / equity1.7×+0.1×

Current ratio0.8×+0.1×

Where this comes from

Reported directly by Northwest Natural in its filing.

Tagged under the XBRL concept us-gaap:UtilitiesOperatingExpenseGasAndPetroleumPurchased.

The source filing: Northwest Natural’s 10-Q, filed August 5, 2026.

Filed: Aug 5, 2026, 1:41 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001733998-26-000127

In thousands	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Regulated gas storage	10,081	9,251	19,687	19,035
Other revenue	1,870	2,436	4,926	5,557
Total operating revenues	204,802	200,807	638,698	649,620
Less: Cost of gas	53,326	56,939	193,470	216,375
Environmental remediation	2,431	2,296	8,756	8,549
Revenue taxes	7,906	7,832	24,943	26,397
NW Natural margin	141,139	133,740	411,529	398,299
Operations and maintenance	66,515	63,039	137,045	130,805

Item 1. Unaudited Financial Statements:

FAQ

What is Northwest Natural's NWN gas utility — cost of gas?: Northwest Natural (NWN) reported NWN gas utility — cost of gas of $53.33M in Q2 2026.
How has Northwest Natural's NWN gas utility — cost of gas changed year-over-year?: Northwest Natural's NWN gas utility — cost of gas decreased by 6.3% year-over-year, from $56.94M to $53.33M.
What does NWN gas utility — cost of gas mean?: This metric represents the direct costs incurred by the utility to purchase the natural gas commodity supplied to its customers. It is a significant variable expense that is often subject to regulatory pass-through mechanisms. Managing this cost is critical for maintaining competitive pricing and stable margins in the utility sector.