Centuri Holdings appoints Nate Tetlow as VP of investor relations

PHOENIX - Centuri Holdings, Inc. (NYSE:CTRI), a North American utility infrastructure services company with a market capitalization of $1.8 billion and annual revenue exceeding $2.7 billion, announced Monday the appointment of Nate Tetlow as Vice President of Investor Relations.

In this newly created position, Tetlow will be responsible for developing and implementing the company’s investor relations program and serving as the primary liaison to the investment community.

Tetlow brings more than 20 years of experience in finance and investor relations to Centuri. He previously worked at Equitrans Midstream Corporation (NYSE:ETRN) for six years, most recently as SVP of Commercial Services. At Equitrans, he established the company’s investor relations program and led business development, producer services, water services, and joint ventures in 2024.

His prior experience includes directing investor relations for publicly traded midstream entities of a major natural gas producer, along with roles in corporate treasury, financial planning and analysis, and corporate finance.

Tetlow holds an MBA from Carnegie Mellon University, a Bachelor of Science in Finance from Virginia Tech Pamplin College of Business, and is a CFA charterholder.

"We are delighted to welcome Nate to our leadership team at this pivotal moment as we execute our multi-year growth strategy in the expanding utility infrastructure market," said Centuri President and CEO Christian Brown, according to the company’s press release. According to InvestingPro data, four analysts have recently revised their earnings expectations upward for the upcoming period, suggesting positive momentum for the company’s growth initiatives.

Centuri Holdings partners with regulated utilities to build and maintain energy networks across the United States and Canada. The company maintains a healthy financial position with a current ratio of 1.72, indicating strong liquidity. For deeper insights into CTRI’s valuation and growth prospects, investors can access comprehensive analysis through InvestingPro, which offers exclusive financial metrics and additional ProTips for informed decision-making.

In other recent news, Southwest Gas Holdings, Inc. has completed a significant financial maneuver by selling 17.25 million shares of Centuri Holdings, Inc. common stock through a secondary public offering. This transaction generated approximately $325 million in net proceeds for Southwest Gas. The shares were priced at $19.50 each, and the offering included the underwriters’ full exercise of their option to purchase an additional 2.25 million shares. The offering, managed by firms including J.P. Morgan and Wells Fargo Securities, is expected to close on August 11, 2025, pending customary conditions. Additionally, investment entities associated with Carl C. Icahn are set to purchase approximately 1.57 million Centuri shares in a private placement at the same price as the public offering. Southwest Gas is acting as the selling stockholder in this transaction. These recent developments highlight strategic financial activities involving Southwest Gas and Centuri Holdings.

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