Northwest Natural Gas

1. Competition risks : Northwest Natural Gas Company operates in a very competitive natural gas industry. Its competitors, such as Avista Utilities, Cascade Natural Gas and Energy, and Intermountain Gas Company, may use technology and marketing strategies to gain market share.

2. Price risk : The company is exposed to price risk in the form of purchases from suppliers, as well as fluctuations in market prices of natural gas.

3. Regulatory risk : The industry is heavily regulated by the Federal Energy Regulatory Commission and various State Public Utility Commissions. Increased regulation of the industry could impact the company’s profitability, operation, and capital needs.

4.Operational risk : Operating as a utility, Northwest Natural Gas Company is highly exposed to operational risk, which encompasses a wide range of risks that could have an adverse effect on its performance, such as cyber-breaches, unexpected maintenance, or natural disaster.

5. Financial risk : The company is subject to financial risk, including credit risk, liquidity risk, and market risk. Credit risk includes the risk of not being repaid on loans, while liquidity risk involves the company’s ability to meet its short-term financial obligations. Market risk includes fluctuations in interest rates, foreign currency exchange rates, and commodity prices.