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Should You Buy Shares of Southwest Gas After It Reached a Settlement with Carl Icahn?

Utility company Southwest Gas (SWX) recently reached a settlement with billionaire investor Carl Icahn, ending a months-long dispute. However, considering its weak bottom line and lean profit margins, is the stock a buy now? Read on to learn what we think.

StockNews.com · May 16, 2022

BofA Upgrades Southwest Gas After Share Issuance

Southwest Gas Holdings Inc (NYSE: SWX) has announced the issuance of 5.5 million shares of common stock at a public offering price of $74 per share plus a 30-day underwriters’ option to purchase another 825,000 shares or around $468 million in gross proceeds, according to BofA Securities.

Benzinga · Mar 30, 2022

Why Southwest Gas Shares Are Sliding After Hours

Southwest Gas Holdings Inc (NYSE: SWX) is trading lower in Monday's after-hours session after the company announced it commenced an underwritten public offering of $400 million of its common stock.

Benzinga · Mar 28, 2022