NW Natural Holdings reported second quarter net earnings of $2.1 million or 7 cents per share from ­continuing operations, compared to a loss of $339,000 or 1 cent per share in 2018.

The 8 cents per share increase includes a $4.2 million, 14 cents/share increase in the natural gas utility segment, partially offset by a $1.8 million, 6 cents/share decline from lower asset management revenues at the company’s Mist field natural gas storage operation and higher nonoperating expenses associated with developing its water business.

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News Editor - Clearing Up

Rick Adair has been with NewsData since 2003, and is a contributing editor for Clearing Up and editor of Water Power West. Previously, he covered environmental and energy issues in the Lake Tahoe area. He has a doctorate in earth sciences.