Geopolitics Alpha

Southwest Gas (SWX) Q3 Earnings Surpass Estimates

Published . Updated .

Key takeaways

  • Southwest Gas (SWX) delivered earnings and revenue surprises of +17.65% and -6.11%, respectively, for the quarter ended September 2026.
  • Exposed: UNG, XLE, LNG, EQT, KMI
  • Market reaction: XLE −3.7% on the day (still updating); UNG −0.2% on the day (still updating); WMB −5.5% on the day (still updating)

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Southwest Gas (SWX) Q3 Earnings Surpass Estimates

Southwest Gas (SWX) delivered earnings and revenue surprises of +17.65% and -6.11%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?

Directly affected

  • SWX Southwest Gas Holdings+4.4% 11d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-16.0% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • LNG Cheniere Energy+13.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • EQT Eqt+7.6% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • KMI Kinder Morgan+5.0% 5d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SWX-0.68%+0.06%base-3.33%after closeafter closeafter close
UNG+4.28%-0.44%base-0.22%after closeafter closeafter close
XLE+2.64%+4.95%base-3.73%after closeafter closeafter close
LNG-4.34%+6.17%base-3.98%after closeafter closeafter close
EQT+3.64%+2.07%base-1.93%after closeafter closeafter close
KMI+2.07%+2.98%base-3.57%after closeafter closeafter close
WMB+2.46%+2.59%base-5.48%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Southwest Gas (SWX) Q3 Earnings Surpass Estimates Yahoo Finance

Source: Yahoo Finance

United States Natural Gas Fund (UNG) since “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” compared with the market

CompanyWhenMoveStatus
Eqt (EQT)that day-1.93%still updating
Eqt (EQT)three days earlier+2.07%final price
Eqt (EQT)five days earlier+3.64%final price
Kinder Morgan (KMI)that day-3.57%still updating
Kinder Morgan (KMI)three days earlier+2.98%final price
Kinder Morgan (KMI)five days earlier+2.07%final price
Cheniere Energy (LNG)that day-3.98%still updating
Cheniere Energy (LNG)three days earlier+6.17%final price
Cheniere Energy (LNG)five days earlier-4.34%final price
SWXthat day-3.33%still updating
SWXthree days earlier+0.06%final price
SWXfive days earlier-0.68%final price
United States Natural Gas Fund (UNG)that day-0.22%still updating
United States Natural Gas Fund (UNG)three days earlier-0.44%final price
United States Natural Gas Fund (UNG)five days earlier+4.28%final price
Williams Companies (WMB)that day-5.48%still updating
Williams Companies (WMB)three days earlier+2.59%final price
Williams Companies (WMB)five days earlier+2.46%final price
Select Sector Spdr Tr (XLE)that day-3.73%still updating
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “Southwest Gas (SWX) Q3 Earnings Surpass Estimates”

Companies tied to this story

  • UNG United States Natural Gas Fund

    For “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    For “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

  • LNG Cheniere Energy

    In “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

  • EQT Eqt

    In “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

  • KMI Kinder Morgan

    For “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

  • WMB Williams Companies

    In “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

How “Southwest Gas (SWX) Q3 Earnings Surpass Estimates” reaches United States Natural Gas Fund (UNG)

United States Natural Gas Fund (UNG) is the company in “Southwest Gas (SWX) Q3 Earnings Surpass Estimates,” the 4 Nov 2026 this story story.

United States Natural Gas Fund (UNG) is on the page because United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

Dates and price levels for United States Natural Gas Fund (UNG)

LNG traded between 270.98 and 330.66 across 20 sessions. The latest close on file is 311.13. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.12. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

A simple score for United States Natural Gas Fund (UNG)

46 out of 100Price not final

“Southwest Gas (SWX) Q3 Earnings Surpass Estimates” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.