Last $49.90 USD
Change Today +0.31 / 0.63%
Volume 262.5K
NWE On Other Exchanges
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Exchange
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As of 8:04 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

northwestern corp (NWE) Snapshot

Open
$49.58
Previous Close
$49.59
Day High
$49.94
Day Low
$49.28
52 Week High
07/1/14 - $52.70
52 Week Low
12/11/13 - $41.31
Market Cap
2.0B
Average Volume 10 Days
219.2K
EPS TTM
$2.44
Shares Outstanding
39.1M
EX-Date
09/11/14
P/E TM
20.5x
Dividend
$1.60
Dividend Yield
3.17%
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. The company operates through Electric Operations and Natural Gas Operations segments. It generates, transmits, and distributes electricity, as well as purchases, transports, distributes, and stores natural gas. As of February 19, 2014, the company served approximately 678,200 customers. NorthWestern Corporation was founded in 1923 and is headquartered in Sioux Falls, South Dakota.

1,493 Employees
Last Reported Date: 02/19/14
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 Amends Revolving Credit Facility to $340 Million

NorthWestern Corporation increased the size of its existing revolving credit facility to $340 million (from $300 million) pursuant to the previously reported accordion feature in the Amended Facility, and commercial paper program to $340 million (from $250 million). Amended Facility. Other than the increase in capacity, the terms of the Amended Facility as previously reported remain the same. The Amended Facility continues to include an uncommitted accordion feature that allows the company to request the lenders to provide $10 million in additional capacity, subject to a potential total maximum facility of $350 million. The Amended Facility has a maturity date of November 5, 2018, with an uncommitted feature that allows the company to request up to two one-year extensions to the maturity date. Commercial Paper Program. Under the Company's commercial paper program (the Program), the company may issue unsecured commercial paper notes on a private placement basis up to a maximum aggregate amount outstanding at any time of $340 million. The proceeds from the Notes are used for general corporate purposes. The maturities of the Notes will vary, but may not exceed 270 days from the date of issue. The Notes will be sold under customary terms in the commercial paper market and will be issued at a discount from par, or, alternatively, will be sold at par and bear varying interest rates on a fixed or floating basis.

Northwestern Corporation Declares Quarterly Common Stock Dividend, Payable September 30, 2014; Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for the Year 2014

Northwestern Corporation's Board of Directors declared a quarterly common stock dividend of $0.40 per share, payable September 30, 2014 to common shareholders of record as of September 15, 2014. Northwestern Corporation reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net income of $7,746,000 or $0.20 per diluted share on total revenues of $270,281,000 compared to net income of $14,341,000 or $0.37 per diluted share on total revenues of $260,161,000 reported a year ago. Operating income was $25,097,000 compared to $32,660,000 for the same period of last year. Income before income taxes was $8,950,000 compared to $16,447,000 for the same period of last year. Adjusted diluted EPS was $0.25 compared to $0.35 for the same period of last year. For the six months, the company reported net income of $53,326,000 or $1.37 per diluted share on total revenues of $640,004,000 compared to net income of $52,243,000 or $1.38 per diluted share on total revenues of $573,181,000 reported a year ago. Operating income was $96,447,000 compared to $89,670,000 for the same period of last year. Income before income taxes was $62,523,000 compared to $59,393,000 for the same period of last year. Adjusted diluted EPS was $1.41 compared to $2.50 for the same period of last year. Cash provided by operating activities is approximately $5 million less than it was for the 6 months ended June 30, 2013. The company reaffirms the 2014 earnings guidance range of $2.60 - $2.75 per diluted share based upon, but not limited to, the following major assumptions and expectations: Normal weather in electric and natural gas service territories for 2014; Excludes any hydro related transaction fees (including legal and bridge financing) and any potential income generated from the regulated operation of the hydro assets post-closing, assuming regulatory approval; Excludes any potential additional impact as a result of the FERC decision regarding revenue allocation at Dave Gates Generating Station; A consolidated income tax rate of approximately 14% - 16% of pre-tax income; and Diluted average shares outstanding of 39.3 million.

Northwestern Corporation, Q2 2014 Earnings Call, Jul 24, 2014

Northwestern Corporation, Q2 2014 Earnings Call, Jul 24, 2014

 

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NWE

Industry Average

Valuation NWE Industry Range
Price/Earnings 20.3x
Price/Sales 1.6x
Price/Book 1.8x
Price/Cash Flow 9.2x
TEV/Sales 0.5x
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