Last $54.07 USD
Change Today +0.61 / 1.14%
Volume 231.4K
As of 3:22 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

northwestern corp (NWE) Snapshot

Open
$53.19
Previous Close
$53.46
Day High
$54.20
Day Low
$52.86
52 Week High
01/22/15 - $59.71
52 Week Low
03/12/14 - $44.77
Market Cap
2.5B
Average Volume 10 Days
249.1K
EPS TTM
$2.68
Shares Outstanding
46.9M
EX-Date
03/11/15
P/E TM
20.2x
Dividend
$1.92
Dividend Yield
2.96%
Current Stock Chart for NORTHWESTERN CORP (NWE)

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northwestern corp (NWE) Details

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers in Montana, South Dakota, and Nebraska, the United States. It operates through Electric Operations and Natural Gas Operations segments. The company generates, transmits, and distributes electricity; and produces, stores, transmits, and distributes natural gas, as well as has municipal franchises to purchase, transport, and distribute natural gas. It delivers electricity to approximately 353,600 customers in Montana and 62,500 customers in South Dakota; and distributes natural gas to approximately 189,000 customers in Montana, and 87,500 customers in South Dakota and Nebraska. The company was founded in 1923 and is headquartered in Sioux Falls, South Dakota.

1,604 Employees
Last Reported Date: 02/12/15
Founded in 1923

northwestern corp (NWE) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $540.8K
Chief Financial Officer and Vice President
Total Annual Compensation: $354.7K
Vice President and General Counsel
Total Annual Compensation: $322.8K
Principal Accounting Officer, Vice President ...
Total Annual Compensation: $234.5K
Vice President of Distribution
Total Annual Compensation: $254.2K
Compensation as of Fiscal Year 2013.

northwestern corp (NWE) Key Developments

Northwestern Corporation Seeks Acquisitions

As per the registration statement filed by Northwestern Corporation (NYSE:NWE) on February 17, 2015, the net proceeds from the sale of the securities will be added to the general funds and may be used for funding capital requirements, for the refunding of outstanding debt obligations, for corporate development purposes (including the potential acquisition of businesses and/or business assets), and for other general business purposes. The specific use of the net proceeds of a particular offering of securities will be described in the applicable prospectus supplement.

Northwestern Corporation Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Northwestern Corporation announced consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $312,947,000 against $319,090,000 a year ago. Operating income was $50,584,000 against $49,962,000 a year ago. Income before income taxes was $36,137,000 against $31,429,000 a year ago. Net income was $37,169,000 against $26,093,000 a year ago. Diluted earnings per average common share were $0.85 against $0.68 a year ago. Adjusted diluted EPS was $0.89 against $0.75 a year ago. Non-GAAP net income was $35.6 million against $26.1 million a year ago. Non-GAAP pretax income was $36.2 million against $31.4 million a year ago. Non-GAAP operating income was $51.4 million against $50 million a year ago. Adjusted revenue was $293.8 million against $319.1 million a year ago. This $4.8 million increase in pretax income is primarily the result of higher gross margin and other income partially offset by increased operating, general and administrative expense, property taxes, and depreciation and depletion expense. The $11.1 million improvement in net income is the result of $4.8 million pretax increase and $6.3 million less income tax expense resulting from bonus depreciation and other miscellaneous flow through benefits. For the full year, the company reported total revenues of $1,204,863,000 against $1,154,519,000 a year ago. Operating income was $178,018,000 against $171,033,000 a year ago. This $7.0 million increase was primarily due to an increase in gross margin offset in part by higher operating expenses. Income before income taxes was $110,414,000 against $108,284,000 a year ago. This increase was primarily due to increased operating income and other income partially offset by higher interest expense. Net income was $120,686,000 against $93,983,000 a year ago. This 22% increase in diluted earnings per share is primarily the result of gross margin improvements from energy supply acquisitions and income tax benefits realized during the year partially offset by increased operating costs and expense related to the hydro transaction. Diluted earnings per average common share were $2.99 against $2.46 a year ago. Cash provided operating activities was $250 million against $193.7 million a year ago. PP & E additions were $1,174 million against $299.1 million a year ago. Adjusted diluted EPS was $2.68 against $2.50 a year ago. Non-GAAP net income was $105.5 million against $94 million a year ago. Non-GAAP pretax income was $115.8 million against $108.3 million a year ago. Non-GAAP operating income was $179 million against $171 million a year ago. Adjusted revenue was $293.8 million against $319.1 million a year ago. The company announced that current estimated cumulative capital spending for 2015 through 2019 is $1.45 billion. The company expects consolidated income tax rate of approximately 15% to 19% of pre-tax income. GAAP EPS is to be in the range between from $3.10 to $3.30. Maintenance capex is to be $306 million.

Northwestern Corporation Declares Increased Quarterly Dividend, Payable on March 31, 2015

Northwestern Corporation's Board of Directors declared a 20% increase to quarterly common stock dividend. A dividend of $0.48 per share will be payable on March 31, 2015 to common shareholders of record as of March 13, 2015.

 

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NWE

Industry Average

Valuation NWE Industry Range
Price/Earnings 18.2x
Price/Sales 2.0x
Price/Book 1.7x
Price/Cash Flow 10.4x
TEV/Sales 0.5x
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