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  "documentTitle": "Icahn Southwest Gas Presentation November 2021",
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  "presentationDate": "2021-11-01 00:00:00",
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  "notes": "The chart highlights SWX in a distinct color (grey) compared to the blue bars of its peers.",
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      "kind": "callout",
      "text": "LOW ROE IS LIKELY THE BIGGEST DRIVER OF STOCK PRICE UNDERPERFORMANCE. SWX HAS THE LOWEST ROE OF UTILITIES IN ARIZONA AND NEVADA.",
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      "text": "AZ & NV 2020 Utility ROEs(1)",
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      "text": "(1) SWX adjusted for excess COLI income. Unadjusted ROE of 7.5% as per SWX.",
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      "kind": "title",
      "text": "Return on Equity (ROE) Underperformance",
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