NORTHWEST NATURAL GAS CO Financial Statements (2026 and earlier)
Company Profile
| Business Address |
ONE PACIFIC SQUARE PORTLAND, OR 97209 |
| State of Incorp. | OR |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4924 - Natural Gas Distribution (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,472 | 3,521 | 4,211 | 9,534 | 9,471 | 8,923 | |||
| Cash and cash equivalent | 3,472 | 3,521 | 4,211 | 9,534 | 9,471 | 8,923 | |||
| Receivables | 129,787 | 130,356 | 133,245 | 127,812 | 141,760 | 115,666 | |||
| Inventory, net of allowances, customer advances and progress billings | 47,973 | 54,129 | 70,868 | 77,832 | 60,700 | 67,600 | |||
| Inventory | 47,973 | 54,129 | 70,868 | 77,832 | 60,700 | 67,600 | |||
| Deferred costs | 15,704 | 15,926 | 17,094 | ||||||
| Derivative instruments and hedges, assets | 1,735 | 17,031 | 2,719 | 243 | 5,311 | 1,950 | |||
| Regulatory asset | 45,781 | 42,362 | 69,178 | 68,562 | 22,635 | 52,448 | |||
| Other current assets | 25,484 | 24,728 | 34,748 | 34,772 | 21,181 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 19,592 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | 3,534 | 2,552 | ||
| Deferred tax assets | 23,785 | 45,241 | |||||||
| Other undisclosed current assets | 20,020 | 20,615 | 14,968 | ||||||
| Total current assets: | 269,936 | 288,053 | 332,063 | 362,560 | 330,448 | 283,699 | |||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 84,053 | 100,184 | 114,552 | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,254,974 | 2,260,900 | 2,182,663 | 2,121,593 | 2,062,874 | 1,973,612 | |||
| Long-term investments and receivables | 66,363 | 68,376 | 68,066 | 82,200 | 81,899 | 81,883 | |||
| Long-term investments | 66,363 | 68,376 | 68,066 | 82,200 | 81,899 | 81,883 | |||
| Derivative instruments and hedges | 1,306 | 3,265 | 27 | 1,880 | 3,639 | ||||
| Regulated entity, other noncurrent assets | 356,608 | 357,530 | 370,711 | 368,908 | 369,603 | 387,888 | |||
| Restricted cash and investments | 3,000 | 4,000 | 4,000 | ||||||
| Other noncurrent assets | 6,506 | 1,493 | 8,610 | 11,366 | 12,257 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 13,555 | ||
| Other undisclosed noncurrent assets | 115,318 | 107,950 | 70,477 | ||||||
| Total noncurrent assets: | 2,769,810 | 2,791,748 | 2,744,629 | 2,702,385 | 2,640,463 | 2,535,054 | |||
| TOTAL ASSETS: | 3,039,746 | 3,079,801 | 3,076,692 | 3,064,945 | 2,970,911 | 2,818,753 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 137,964 | 103,779 | 89,512 | 107,476 | 106,982 | 95,201 | |||
| Interest and dividends payable | 6,773 | 5,966 | 5,873 | 6,079 | |||||
| Taxes payable | 18,883 | 12,149 | 10,420 | 10,031 | 10,856 | 9,588 | |||
| Accounts payable | 112,308 | 85,664 | 73,219 | 91,366 | 96,126 | 85,613 | |||
| Debt | 150,903 | 93,289 | 295,035 | 274,700 | 248,200 | 190,250 | |||
| Derivative instruments and hedges, liabilities | 18,722 | 1,315 | 22,092 | 29,894 | 1,891 | 10,796 | |||
| Regulatory liability | 34,013 | 40,290 | 29,927 | 19,105 | 28,335 | 20,792 | |||
| Accrued environmental loss contingencies | 15,384 | 16,176 | |||||||
| Other liabilities | 40,248 | 35,844 | 41,148 | 38,235 | 40,280 | 45,444 | |||
| Other undisclosed current liabilities | (15,384) | (9,073) | 5,953 | ||||||
| Total current liabilities: | 381,850 | 274,517 | 477,714 | 469,410 | 432,791 | 368,436 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 683,184 | 679,334 | 576,700 | 621,700 | 681,700 | 691,700 | |||
| Long-term debt, excluding current maturities | 683,184 | 679,334 | 576,700 | 621,700 | 681,700 | 691,700 | |||
| Liabilities, other than long-term debt | 1,231,936 | 1,275,453 | 1,241,306 | 1,286,803 | 1,186,810 | 1,026,208 | |||
| Deferred revenue and credits | ✕ | 166 | 367 | 624 | |||||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 149,354 | 215,792 | ||
| Deferred tax liabilities, net | 270,526 | 557,085 | 530,021 | 530,965 | 532,036 | 446,604 | |||
| Liability, pension and other postretirement and postemployment benefits | 223,333 | 225,725 | 223,105 | 236,735 | ✕ | ✕ | |||
| Accrued environmental loss contingencies | 80,123 | 81,895 | |||||||
| Regulatory liability | 586,093 | 349,319 | 339,287 | 317,205 | 303,485 | 288,113 | |||
| Other liabilities | 147,335 | 142,411 | 145,446 | 118,094 | 119,058 | 74,497 | |||
| Derivative instruments and hedges, liabilities | 4,649 | 913 | 3,447 | 3,515 | 615 | 578 | |||
| Other undisclosed noncurrent liabilities | (80,289) | (82,262) | (624) | ||||||
| Total noncurrent liabilities: | 1,915,120 | 1,954,787 | 1,818,006 | 1,828,214 | 1,786,248 | 1,717,284 | |||
| Total liabilities: | 2,296,970 | 2,229,304 | 2,295,720 | 2,297,624 | 2,219,039 | 2,085,720 | |||
| Equity | |||||||||
| Equity, attributable to parent | 742,776 | 850,497 | 780,972 | 767,321 | 751,872 | 733,033 | |||
| Common stock | 448,865 | 445,187 | 383,144 | 375,117 | 364,549 | 356,571 | |||
| Accumulated other comprehensive loss | (8,438) | (6,951) | (7,162) | (10,076) | (6,358) | (9,291) | |||
| Retained earnings | 302,349 | 412,261 | 404,990 | 402,280 | 393,681 | 385,753 | |||
| Total equity: | 742,776 | 850,497 | 780,972 | 767,321 | 751,872 | 733,033 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,039,746 | 3,079,801 | 3,076,692 | 3,064,945 | 2,970,911 | 2,818,753 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 762,173 | 675,967 | 723,791 | 754,037 | 758,518 | 730,607 | ||
| Cost of revenue | (365,490) | (373,298) | (355,335) | |||||
| Gross profit: | 762,173 | 675,967 | 723,791 | 388,547 | 385,220 | 375,272 | ||
| Operating expenses | (611,072) | (615,772) | (588,427) | |||||
| Other undisclosed operating income (loss) | (815,400) | (536,687) | (599,543) | 365,490 | 373,298 | 355,335 | ||
| Operating income (loss): | (53,227) | 139,280 | 124,248 | 142,965 | 142,746 | 142,180 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 5,348 | (543) | 7,747 | 1,933 | 4,669 | 4,936 | ||
| Interest and debt expense | (44,563) | (45,172) | (43,157) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (47,879) | 138,737 | 131,995 | 100,335 | 102,243 | 103,959 | ||
| Other undisclosed loss from continuing operations before income taxes | (38,501) | (39,128) | (42,539) | |||||
| Income (loss) from continuing operations before income taxes: | (86,380) | 99,609 | 89,456 | 100,335 | 102,243 | 103,959 | ||
| Income tax expense (benefit) | 30,757 | (40,714) | (35,753) | (41,643) | (41,705) | (44,104) | ||
| Income (loss) from continuing operations: | (55,623) | 58,895 | 53,703 | 58,692 | 60,538 | 59,855 | ||
| Income (loss) before gain (loss) on sale of properties: | (55,623) | 58,895 | 53,703 | 58,692 | 60,538 | 59,855 | ||
| Net income (loss) available to common stockholders, diluted: | (55,623) | 58,895 | 53,703 | 58,692 | 60,538 | 59,855 | ||
Comprehensive Income ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (55,623) | 58,895 | 53,703 | 58,692 | 60,538 | 59,855 | ||
| Other comprehensive income (loss) | (361) | 172 | 1,881 | 54,974 | 63,471 | 58,364 | ||
| Comprehensive income (loss): | (55,984) | 59,067 | 55,584 | 113,666 | 124,009 | 118,219 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,126) | 39 | 1,033 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (57,110) | 59,106 | 56,617 | 113,666 | 124,009 | 118,219 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.