NorthWestern Reports Second Quarter 2021 Financial Results
NorthWestern Energy Group, Inc. (NWE)
Last northwestern energy group, inc. earnings: 4/22 06:00 pm
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US:NYSE Investor Relations:
northwesternenergy.com/our-company/investor-relations
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Source: GlobeNewswire
BUTTE, Mont. and SIOUX FALLS, S.D., July 27, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended June 30, 2021. Net income for the period was $37.2 million, or $0.72 per diluted share, as compared with net income of $21.5 million, or $0.43 per diluted share, for the same period in 2020. This increase was primarily due to improved gross margin from higher Montana transmission loads and rates, a larger benefit from our electric qualifying facility (QF) liability adjustment and warmer spring weather in June. This increase was partly offset by higher operating costs and income tax expense. “In addition to solid second quarter financial results, we made great progress on both the operational and regulatory fronts," said Bob Rowe, Chief Executive Officer. “Thanks to a tremendous amount of pre-planning, we had a seamless transition for our Montana customers to the Western Energy Imbalance Market
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NWE
Earnings
- 4/26/24 - Miss
NWE
Analyst Actions
- 3/21/24 - JP Morgan
NWE
Sec Filings
- 5/8/24 - Form 4
- 5/6/24 - Form 4
- 5/3/24 - Form 4
- NWE's page on the SEC website