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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Current assets:      
Cash and cash equivalents $ 156,616 $ 29,270 $ 108,556
Accounts receivable 51,999 168,906 50,850
Accrued unbilled revenue 24,626 89,048 16,857
Allowance for uncollectible accounts (2,312) (3,296) (2,171)
Regulatory assets 108,525 117,491 104,830
Derivative instruments 23,454 194,412 62,710
Inventories 94,585 87,096 98,725
Other current assets 49,947 61,286 41,414
Total current assets 507,440 744,213 481,771
Non-current assets:      
Property, plant, and equipment 4,468,602 4,261,566 4,207,328
Less: Accumulated depreciation 1,189,968 1,147,166 1,166,150
Total property, plant, and equipment, net 3,278,634 3,114,400 3,041,178
Regulatory assets 312,665 340,432 301,660
Derivative instruments 6,188 5,045 8,008
Other investments 104,562 95,704 96,569
Operating lease right of use asset, net 71,477 73,429 73,145
Assets under sales-type leases 130,952 134,302 135,480
Goodwill 152,399 149,283 74,732
Other non-current assets 100,801 91,518 88,169
Total non-current assets 4,157,678 4,004,113 3,818,941
Total assets 4,665,118 4,748,326 4,300,712
Current liabilities:      
Short-term debt 71,000 258,200 141,000
Current maturities of long-term debt 190,728 90,697 50,614
Accounts payable 99,326 180,667 118,274
Taxes accrued 17,120 15,625 18,080
Interest accrued 13,940 10,169 11,086
Regulatory liabilities 88,376 248,582 111,551
Derivative instruments 46,603 28,728 19,594
Operating lease liabilities 1,815 1,514 1,361
Other current liabilities 61,149 64,552 39,796
Total current liabilities 590,057 898,734 511,356
Long-term debt 1,424,572 1,246,167 1,287,006
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 375,917 366,022 349,633
Regulatory liabilities 683,262 689,578 663,547
Pension and other postretirement benefit liabilities 145,991 149,143 160,196
Derivative instruments 21,085 20,838 18,824
Operating lease liabilities 77,475 78,965 78,469
Other non-current liabilities 127,219 123,438 110,825
Total deferred credits and other non-current liabilities 1,430,949 1,427,984 1,381,494
Commitments and contingencies (Note 16)
Equity:      
Common stock $ 851,288 $ 805,253 $ 786,094
Shares Authorized (in shares) 100,000,000 100,000,000 100,000,000
Shares outstanding (in shares) 36,575,797 35,524,590 35,098,437
Shares issued (in shares) 36,575,797 35,524,590 35,098,437
Par Value (in dollars per share) $ 0 $ 0 $ 0
Retained earnings $ 373,231 $ 376,473 $ 345,570
Accumulated other comprehensive loss (4,979) (6,285) (10,808)
Total equity 1,219,540 1,175,441 1,120,856
Total liabilities and equity $ 4,665,118 4,748,326 4,300,712
Accounts Payable, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member]    
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member]    
Northwest Natural Gas Company [Member]      
Current assets:      
Cash and cash equivalents $ 145,073 12,977 11,386
Accounts receivable 48,322 165,607 48,082
Accrued unbilled revenue 22,608 87,482 16,649
Other Receivables, Net, Current 2,195 634 221
Allowance for uncollectible accounts (2,085) (3,079) (2,114)
Regulatory assets 108,525 117,491 104,830
Derivative instruments 22,679 194,236 62,710
Inventories 92,803 86,207 97,633
Other current assets 38,131 57,269 32,605
Total current assets 478,251 718,824 372,002
Non-current assets:      
Property, plant, and equipment 4,328,477 4,148,547 4,124,488
Less: Accumulated depreciation 1,175,283 1,137,231 1,157,400
Total property, plant, and equipment, net 3,153,194 3,011,316 2,967,088
Regulatory assets 312,640 340,407 301,596
Derivative instruments 5,430 5,045 8,008
Other investments 87,753 80,110 80,871
Operating lease right of use asset, net 70,852 72,720 73,046
Assets under sales-type leases 130,952 134,302 135,480
Other non-current assets 99,131 89,994 86,661
Total non-current assets 3,859,952 3,733,894 3,652,750
Total assets 4,338,203 4,452,718 4,024,752
Current liabilities:      
Short-term debt 0 170,200 53,000
Current maturities of long-term debt 39,997 89,942 49,938
Accounts payable 94,922 177,590 115,066
Accounts Payable, Other, Current 562 9,175 1,789
Taxes accrued 16,915 15,426 17,914
Interest accrued 13,368 8,900 10,533
Regulatory liabilities 88,326 248,553 111,526
Derivative instruments 46,603 28,728 19,594
Operating lease liabilities 1,658 1,363 1,298
Other current liabilities 59,101 62,019 38,998
Total current liabilities 361,452 811,896 419,656
Long-term debt 1,364,556 1,035,935 1,076,533
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 366,730 362,353 346,423
Regulatory liabilities 682,315 688,599 662,565
Pension and other postretirement benefit liabilities 145,991 149,143 160,196
Derivative instruments 21,085 20,838 18,824
Operating lease liabilities 77,041 78,345 78,436
Other non-current liabilities 116,930 114,527 109,304
Total deferred credits and other non-current liabilities 1,410,092 1,413,805 1,375,748
Commitments and contingencies (Note 16)
Equity:      
Common stock 644,903 614,903 614,903
Retained earnings 563,307 582,593 548,720
Accumulated other comprehensive loss (6,107) (6,414) (10,808)
Total equity 1,202,103 1,191,082 1,152,815
Total liabilities and equity $ 4,338,203 $ 4,452,718 $ 4,024,752