Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $53.84 USD
Change Today +0.44 / 0.82%
Volume 360.7K
NWE On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

northwestern corp (NWE) Snapshot

Open
$53.92
Previous Close
$53.40
Day High
$54.53
Day Low
$53.77
52 Week High
01/22/15 - $59.71
52 Week Low
09/30/14 - $45.12
Market Cap
2.5B
Average Volume 10 Days
354.1K
EPS TTM
$2.82
Shares Outstanding
47.1M
EX-Date
09/11/15
P/E TM
19.1x
Dividend
$1.92
Dividend Yield
3.27%
Current Stock Chart for NORTHWESTERN CORP (NWE)

northwestern corp (NWE) Related Bloomberg News

View More Bloomberg News

northwestern corp (NWE) Related Businessweek News

No Related Businessweek News Found

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: $556.9K
Chief Financial Officer and Vice President
Total Annual Compensation: $365.4K
Vice President and General Counsel
Total Annual Compensation: $332.5K
Principal Accounting Officer, Vice President ...
Total Annual Compensation: $241.5K
Vice President of Distribution
Total Annual Compensation: $261.8K
Compensation as of Fiscal Year 2014.

northwestern corp (NWE) Key Developments

Northwestern Corporation Declares Quarterly Dividend, Payable on September 30, 2015

Northwestern Corporation's board of directors declared a quarterly common stock dividend of $0.48 per share, payable September 30, 2015 to common shareholders of record as of September 15, 2015.

NorthWestern Corporation Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reaffirms Earnings Guidance for 2015

NorthWestern Corporation reported consolidated earnings results for the second quarter and six months ended June 30, 2015. Net income for the period was $31.0 million, or $0.65 per diluted share, as compared with net income of $7.7 million, or $0.20 per diluted share, for the same period in 2014. This $23.3 million increase in net income is primarily the result of an insurance settlement and the addition of its November 2014 hydro acquisition. Earnings per share increased by $0.45 as a result of the net income improvement offset partially by dilution due to the equity issued in November 2014 to fund the hydro acquisition. Consolidated operating income for the three months ended June 30, 2015 was $61.1 million, as compared with $25.1 million in the same period of 2014. This increase was primarily due to the insurance recovery and the impacts of its hydro acquisition. Adjusted diluted EPS was $0.48 against $0.25 a year ago. Revenue for the period was $79.527 million against $270.281 million a year ago. Income before income taxes was $39.184 million against $8.950 million a year ago. Revenue for the period was $616.571 million against $640.004 million a year ago. Consolidated operating income for the six months ended June 30, 2015 was $145.0 million compared with $96.4 million for the same period of 2014. Consolidated net income for the six months ended June 30, 2015 was $82.4 million as compared with $53.3 million for the same period in 2014. Income before income taxes was $100.625 million against $62.523 million a year ago. Net income was $82.398 million or $1.74 per diluted share against $53.326 million or $1.37 per diluted share a year ago. Adjusted diluted EPS was $1.66. The company reaffirmed the 2015 adjusted earnings guidance range of $3.10 - $3.30 per diluted share based upon, but not limited to, the following major assumptions and expectations: Normal weather in the electric and natural gas service territories; Successful integration and a full year earnings contribution from the recently acquired hydro assets; Excludes any potential additional impact as a result of the FERC decision regarding revenue allocation at its Dave Gates Generating Station; A consolidated effective income tax rate of approximately 15% - 19% of pre-tax income; and Diluted average shares outstanding of approximately 47.3 million.

NorthWestern Energy Purchases Wind Project from BayWa r.e. Wind LLC in South Dakota

NorthWestern Corporation has entered into an agreement to purchase the recently constructed 80-megawatt Beethoven wind qualifying facility (QF) project located near Tripp, South Dakota. The $143 million purchase of the facility from BayWa r.e. Wind LLC includes 43 turbines and the rights to a 50MW expansion site adjacent to the existing facility. The project was completed in May 2015. The acquisition is expected to be accretive to earnings but cannot be quantified until the South Dakota Public Utilities Commission (SDPUC) makes a final determination on its general rate case.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NWE:US $53.84 USD +0.44

NWE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ALLETE Inc $48.29 USD +0.36
Black Hills Corp $41.66 USD +0.74
Cleco Corp $54.43 USD +0.06
IDACORP Inc $62.11 USD +0.79
PNM Resources Inc $26.38 USD +0.30
View Industry Companies
 

Industry Analysis

NWE

Industry Average

Valuation NWE Industry Range
Price/Earnings 16.0x
Price/Sales 2.1x
Price/Book 1.7x
Price/Cash Flow 8.9x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORTHWESTERN CORP, please visit www.northwesternenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.