NW Natural Holding Company General Counsel Announces Retirement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Should l Buy NWN?
MardiLyn Saathoff, General Counsel for NW Natural Holding Company, announced her intent to retire on April 1, 2026, after nearly 18 years of service to the company. The Board of Directors has appointed Megan Berge to succeed Saathoff as SVP and General Counsel, as well as Chief Compliance Officer and Corporate Secretary, effective January 1, 2026. Saathoff will serve as Chief Legal Officer for the company and will retain responsibilities for regulation, business continuity and corporate security until her retirement next year.
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Analyst Views on NWN
Wall Street analysts forecast NWN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NWN is 52.50 USD with a low forecast of 52.00 USD and a high forecast of 53.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 48.580
Low
52.00
Averages
52.50
High
53.00
Current: 48.580
Low
52.00
Averages
52.50
High
53.00
About NWN
Northwest Natural Holding Company, through its subsidiaries, provides critical energy and delivers water and wastewater services to nearly one million meters across seven states. The Company’s segments include NWN Gas Utility, SiEnergy, and NWN Water. The NWN Gas Utility segment is a regulated utility servicing customers in Oregon and southwest Washington and includes the portion of the Mist underground storage facility used to serve its customers, the North Mist gas storage expansion in Oregon, and NWN Gas Reserves. SiEnergy Gas Utility segment is a regulated natural gas distribution utility and serves residential and commercial customers in the greater metropolitan areas of Houston, Dallas, and Austin, Texas. SiEnergy Gas Utility also serves several transmission customers in Dallas and Austin, Texas. NWN Water Utility is a regulated water and wastewater utility serving residential and commercial customers in Oregon, Washington, Idaho, Texas, and Arizona.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Yield Performance: The forward yield of 4.19% not only attracts income-seeking investors but also reflects the company's competitiveness in the current market environment, enhancing its appeal.
- Shareholder Arrangements: The dividend will be payable on February 13, 2024, with a record date of January 30, 2024, and an ex-dividend date also set for January 30, ensuring shareholders receive timely returns and increasing shareholder satisfaction.
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Northwest Natural Holding Company Declares $0.4925 Quarterly Dividend
- Quarterly Dividend Announcement: The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of $0.4925 per share, to be paid on February 13, 2026, indicating the company's ongoing cash flow and shareholder return capabilities.
- Annual Dividend Rate: The company's indicated annual dividend rate stands at $1.97 per share, reflecting its stable profitability and commitment to shareholders, which helps attract long-term investors.
- Broad Business Coverage: Northwest Natural Holding Company, through its subsidiaries, provides energy and water services to over one million users, demonstrating its market leadership and service capabilities across seven states.
- Industry Recognition: The company has been recognized by Ethisphere® as one of the World’s Most Ethical Companies for four consecutive years, highlighting its commitment to safety, environmental stewardship, and community responsibility, which further enhances its brand image.
See More
Northwest Natural Holding Company Declares Quarterly Dividend of $0.4925
- Quarterly Dividend Announcement: Northwest Natural Holding Company has declared a quarterly dividend of $0.4925 per share, payable on February 13, 2026, which demonstrates the company's ongoing commitment to shareholder returns and is expected to bolster investor confidence.
- Annual Dividend Rate: The company has an indicated annual dividend rate of $1.97 per share, reflecting stable cash flow and profitability, further solidifying its market position in the energy sector.
- Extensive Business Coverage: Through its subsidiaries, Northwest Natural Holding Company provides critical energy and water services to over one million meters across seven states, showcasing its strong influence and market share in the public utility sector.
- Industry Recognition: The company has been recognized by Ethisphere® as one of the World's Most Ethical Companies for four consecutive years, indicating its long-standing commitment to safety and environmental stewardship, which helps enhance brand image and customer loyalty.
See More
NW Natural Holdings' General Counsel to Retire in 2026 After 18 Years of Service
- Leadership Transition: MardiLyn Saathoff, General Counsel of NW Natural Holdings, announced her retirement effective April 1, 2026, after nearly 18 years, during which she played a critical role in guiding the company's evolution from a natural gas utility to a diversified enterprise.
- Succession Planning: The Board has appointed Megan H. Berge as the new SVP and General Counsel, effective January 1, 2026, bringing a respected background in environmental law that is expected to provide fresh strategic insights for the company.
- Legal and Compliance Oversight: Saathoff will continue as Chief Legal Officer until her retirement, overseeing essential functions such as regulation, business continuity, and corporate security, ensuring legal compliance and business stability during the transition.
- Industry Impact: With over 166 years of history, NW Natural Holdings has maintained a commitment to safety and environmental stewardship, and Saathoff's leadership has earned the company recognition as one of the
See More
NW Natural Holdings' General Counsel Saathoff to Retire, Berge Appointed Successor
- Executive Retirement: MardiLyn Saathoff, General Counsel of NW Natural Holdings, announced her retirement effective April 1, 2026, after nearly 18 years of service, during which she played a pivotal role in transforming the company from a natural gas utility to a diversified enterprise.
- Succession Planning: The Board has appointed Megan H. Berge as the new SVP and General Counsel, effective January 1, 2026, who previously served as Deputy General Counsel and brings extensive legal and compliance experience to the role.
- Industry Recognition: Berge is nationally recognized in environmental law, having been named a leading lawyer by Chambers and Partners, which underscores the company's commitment to high standards and expertise in legal matters.
- Company Background: NW Natural Holdings has been providing energy and water services to over one million meters for more than 166 years, demonstrating a long-standing commitment to safety and environmental stewardship.
See More
NWN Federal Secures Role in $151 Billion Missile Defense Agency's Shield IDIQ Contract Vehicle
- Federal Award: A federal agency has awarded a contract worth $151 billion for missile defense systems.
- Contract Details: The contract is specifically for the development of advanced vehicles related to missile defense operations.
See More
Northwest Natural Holding Declares $0.4925 Quarterly Dividend, 4.19% Yield
- Dividend Declaration: Northwest Natural Holding has declared a quarterly dividend of $0.4925 per share, consistent with previous payouts, demonstrating the company's ongoing ability to maintain stable cash flows and bolster investor confidence.
- Yield Performance: The forward yield of 4.19% not only attracts income-seeking investors but also reflects the company's competitiveness in the current market environment, enhancing its appeal.
- Shareholder Arrangements: The dividend will be payable on February 13, 2024, with a record date of January 30, 2024, and an ex-dividend date also set for January 30, ensuring shareholders receive timely returns and increasing shareholder satisfaction.
- Growth Outlook: Northwest Natural signals an annual EPS growth outlook of 4% to 6%, supported by its expanding footprint in Texas, indicating the company's growth potential and strategic positioning in the market.
See More
Northwest Natural Holding Company Declares $0.4925 Quarterly Dividend
- Quarterly Dividend Announcement: The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of $0.4925 per share, to be paid on February 13, 2026, indicating the company's ongoing cash flow and shareholder return capabilities.
- Annual Dividend Rate: The company's indicated annual dividend rate stands at $1.97 per share, reflecting its stable profitability and commitment to shareholders, which helps attract long-term investors.
- Broad Business Coverage: Northwest Natural Holding Company, through its subsidiaries, provides energy and water services to over one million users, demonstrating its market leadership and service capabilities across seven states.
- Industry Recognition: The company has been recognized by Ethisphere® as one of the World’s Most Ethical Companies for four consecutive years, highlighting its commitment to safety, environmental stewardship, and community responsibility, which further enhances its brand image.
See More
Northwest Natural Holding Company Declares Quarterly Dividend of $0.4925
- Quarterly Dividend Announcement: Northwest Natural Holding Company has declared a quarterly dividend of $0.4925 per share, payable on February 13, 2026, which demonstrates the company's ongoing commitment to shareholder returns and is expected to bolster investor confidence.
- Annual Dividend Rate: The company has an indicated annual dividend rate of $1.97 per share, reflecting stable cash flow and profitability, further solidifying its market position in the energy sector.
- Extensive Business Coverage: Through its subsidiaries, Northwest Natural Holding Company provides critical energy and water services to over one million meters across seven states, showcasing its strong influence and market share in the public utility sector.
- Industry Recognition: The company has been recognized by Ethisphere® as one of the World's Most Ethical Companies for four consecutive years, indicating its long-standing commitment to safety and environmental stewardship, which helps enhance brand image and customer loyalty.
See More
NW Natural Holdings' General Counsel to Retire in 2026 After 18 Years of Service
- Leadership Transition: MardiLyn Saathoff, General Counsel of NW Natural Holdings, announced her retirement effective April 1, 2026, after nearly 18 years, during which she played a critical role in guiding the company's evolution from a natural gas utility to a diversified enterprise.
- Succession Planning: The Board has appointed Megan H. Berge as the new SVP and General Counsel, effective January 1, 2026, bringing a respected background in environmental law that is expected to provide fresh strategic insights for the company.
- Legal and Compliance Oversight: Saathoff will continue as Chief Legal Officer until her retirement, overseeing essential functions such as regulation, business continuity, and corporate security, ensuring legal compliance and business stability during the transition.
- Industry Impact: With over 166 years of history, NW Natural Holdings has maintained a commitment to safety and environmental stewardship, and Saathoff's leadership has earned the company recognition as one of the
See More
NW Natural Holdings' General Counsel Saathoff to Retire, Berge Appointed Successor
- Executive Retirement: MardiLyn Saathoff, General Counsel of NW Natural Holdings, announced her retirement effective April 1, 2026, after nearly 18 years of service, during which she played a pivotal role in transforming the company from a natural gas utility to a diversified enterprise.
- Succession Planning: The Board has appointed Megan H. Berge as the new SVP and General Counsel, effective January 1, 2026, who previously served as Deputy General Counsel and brings extensive legal and compliance experience to the role.
- Industry Recognition: Berge is nationally recognized in environmental law, having been named a leading lawyer by Chambers and Partners, which underscores the company's commitment to high standards and expertise in legal matters.
- Company Background: NW Natural Holdings has been providing energy and water services to over one million meters for more than 166 years, demonstrating a long-standing commitment to safety and environmental stewardship.
See More
