What caused SWX's earnings to decline in Q3 2024?

Southwest Gas Holdings Inc. (SWX) experienced a decline in earnings in Q3 2024 due to several factors:

1. **Decrease in Gas Revenues**: The company reported a $95.7 million decrease in gas revenues, primarily due to a reduction in net volumes under existing customer Master Service Agreements (MSAs) and the timing of bid projects.
2. **Decrease in Utility Infrastructure Services Expenses**: There was a significant decrease of $199.2 million, or 15%, in utility infrastructure services expenses. This reduction was mainly attributed to lower volume of infrastructure services provided.
3. **Strategic Management and Innovation Needed**: The company faces ongoing threats from competitive energy markets and stringent environmental regulations, which require strategic management and innovation to maintain performance.

In conclusion, the decline in Southwest Gas' Q3 2024 earnings can be attributed to a combination of factors including decrease in Gas Revenues, Decrease in Utility Infrastructure Services Expenses and the need for Strategic Management and Innovation.