<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from Southwest Gas Corporation's Form 10-Q for the quarter ended September 30, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,425,431 <OTHER-PROPERTY-AND-INVEST> 75,204 <TOTAL-CURRENT-ASSETS> 183,651 <TOTAL-DEFERRED-CHARGES> 51,355 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,735,641 <COMMON> 31,915 <CAPITAL-SURPLUS-PAID-IN> 421,631 <RETAINED-EARNINGS> 720 <TOTAL-COMMON-STOCKHOLDERS-EQ> 454,266 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 808,807 <SHORT-TERM-NOTES> 33,325 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 5,128 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 434,115<F1> <TOT-CAPITALIZATION-AND-LIAB> 1,735,641 <GROSS-OPERATING-REVENUE> 648,006 <INCOME-TAX-EXPENSE> 13,979 <OTHER-OPERATING-EXPENSES> 560,082 <TOTAL-OPERATING-EXPENSES> 560,082 <OPERATING-INCOME-LOSS> 87,924 <OTHER-INCOME-NET> (3,872)<F2> <INCOME-BEFORE-INTEREST-EXPEN> 84,052 <TOTAL-INTEREST-EXPENSE> 47,579 <NET-INCOME> 22,494 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 22,494 <COMMON-STOCK-DIVIDENDS> 17,460 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 157,559 <EPS-PRIMARY> 0.80 <EPS-DILUTED> 0.80 <FN> <F1>Includes: trust originated preferred securities of $60,000, current liabilities, net of current long-term debt maturities and short-term debt, of $149,460, and deferred income taxes and other credits of $224,655. <F2>Includes distributions related to trust originated preferred securities of $4,106. </FN>