S&P: Southwest Gas view positive

Standard & Poor's said it affirmed the BBB rating on Southwest Gas Corp. and revised the outlook to positive from stable.

The positive outlook reflects financial performance that is strong for the current rating and expectations for continued, gradual reductions in regulatory risks associated with the company's Arizona service territory, S&P said.

The outlook also incorporates expectations for continued stable cash flow generation, the agency said.

The ratings reflect an excellent business risk profile and a significant financial risk profile, S&P added.

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