NORTHWEST NATURAL GAS COMPANY (NYSE:NWN) Files An 8-K Results of Operations and Financial Condition

On February 27, 2017, Northwest Natural Gas Company (NW Natural)
issued a press release announcing its earnings for the quarter
and year ended December 31, 2016. A copy of the press release is
attached as Exhibit 99.1.

The information contained in this Item 2.02 and in the
accompanying exhibit shall not be incorporated by reference into
any filing of NW Natural, whether made before or after the date
hereof, regardless of any general incorporation language in such
filing, unless expressly incorporated by specific reference to
such filing. The information in this Item 2.02, including the
exhibit hereto, shall not be deemed filed for purposes of Section
18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that section or Sections
11 and 12(a)(2) of the Securities Act of 1933, as amended.

Forward-Looking Statements

This report, and other presentations made by NW Natural from time
to time, may contain forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements can be identified by words such
as anticipates, “assumes,” intends, plans, seeks, believes,
estimates, expects and similar references to future periods.
Examples of forward-looking statements include, but are not
limited to, statements regarding the following: plans,
objectives, goals, strategies, future events, investments,
customer growth, weather, commodity and other costs, customer
rates or rate recovery, customer preference growth, adoption of
renewable energy and our ability to provide effective supporting
resources, environmental remediation cost recoveries, levels and
pricing of gas storage contracts, gas storage development or
costs or timing related thereto, financial positions, OM expense,
capital expenditures, free cash flow levels, revenues and
earnings and the timing thereof, dividends, performance, timing
or effects of future regulatory proceedings or future regulatory
approvals, regulatory prudence reviews, effects of regulatory
mechanisms, including, but not limited to, SRRM, and other
statements that are other than statements of historical facts.

Forward-looking statements are based on our current expectations
and assumptions regarding our business, the economy and other
future conditions. Because forward-looking statements relate to
the future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. Our
actual results may differ materially from those contemplated by
the forward-looking statements. We caution you therefore against
relying on any of these forward-looking statements. They are
neither statements of historical fact nor guarantees or
assurances of future operational or financial performance.
Important factors that could cause actual results to differ
materially from those in the forward-looking statements are
discussed by reference to the factors described in Part I, Item
1A Risk Factors, and Part II, Item 7 and Item 7A Managements
Discussion and Analysis of Financial Condition and Results of
Operations and Quantitative and Qualitative Disclosure about
Market Risk in NW Naturals most recent Annual Report on Form 10-K
and in Part I, Items 2 and 3 Managements Discussion and Analysis
of Financial Condition and Results of Operations and Quantitative
and Qualitative Disclosures About Market Risk, and Part II, Item
1A Risk Factors, in NW Naturals quarterly reports filed
thereafter.

All forward-looking statements made in this report and all
subsequent forward-looking statements, whether written or oral
and whether made by or on behalf of the Company, are expressly
qualified by these cautionary statements. Any forward-looking
statement speaks only as of the date on which such statement is
made, and NW Natural undertakes no obligation to publicly update
any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by law. New factors emerge from time to time and it is
not possible for the Company to predict all such factors, nor can
it assess the impact of each such factor or the extent to which
any factor, or combination of factors, may cause results to
differ materially from those contained in any forward-looking
statements.

(d) Exhibits

The following exhibit is being furnished to Item 2.02 herein.