<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from Southwest Gas Corporation's Form 10-Q for the quarter ended March 31, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,377,368 <OTHER-PROPERTY-AND-INVEST> 67,585 <TOTAL-CURRENT-ASSETS> 245,542 <TOTAL-DEFERRED-CHARGES> 54,842 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,745,337 <COMMON> 29,151 <CAPITAL-SURPLUS-PAID-IN> 362,891 <RETAINED-EARNINGS> 26,581 <TOTAL-COMMON-STOCKHOLDERS-EQ> 418,623 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 778,485 <SHORT-TERM-NOTES> 78,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 5,215 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 465,014<F1> <TOT-CAPITALIZATION-AND-LIAB> 1,745,337 <GROSS-OPERATING-REVENUE> 292,601 <INCOME-TAX-EXPENSE> 22,502 <OTHER-OPERATING-EXPENSES> 217,099 <TOTAL-OPERATING-EXPENSES> 217,099 <OPERATING-INCOME-LOSS> 75,502 <OTHER-INCOME-NET> (767)<F2> <INCOME-BEFORE-INTEREST-EXPEN> 74,735 <TOTAL-INTEREST-EXPENSE> 16,280 <NET-INCOME> 35,953 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 35,953 <COMMON-STOCK-DIVIDENDS> 5,623 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 108,562 <EPS-PRIMARY> 1.31<F3> <EPS-DILUTED> 1.30 <FN> <F1>Includes: trust originated preferred securities of $60,000, current liabilities, net of current long-term debt maturities and short-term debt, of $182,432, and deferred income taxes and other credits of $222,582. <F2>Includes distributions related to trust originated preferred securities of $1,369. <F3>Primary earnings per share is equal to basic earnings per share. </FN>