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NorthWestern Reports 2024 Financial Results and Future Plans

Story Highlights
  • NorthWestern Energy reported a rise in 2024 EPS and announced a $2.7 billion capital plan.
  • The company faced challenges but remains confident in growth with completed projects and future investments.
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NorthWestern Reports 2024 Financial Results and Future Plans

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Northwestern ( (NWE) ) just unveiled an update.

On February 12, 2025, NorthWestern Energy reported its 2024 financial results, showing an increase in diluted GAAP EPS to $3.65 from $3.22 in 2023. The company announced a $2.7 billion five-year capital plan and a 1.5% increase in quarterly dividends. The results were influenced by rate reviews in Montana and South Dakota, higher transmission revenues, and tax benefits, while facing challenges like non-recoverable supply costs and mild weather. The company completed the Yellowstone County Generating Station and plans investments in regional transmission projects to enhance reliability and economic development in Montana. Despite 2024 challenges, NorthWestern remains confident in its growth trajectory for 2025.

More about Northwestern

NorthWestern Energy Group, Inc., operating as NorthWestern Energy, is a company focused on providing safe, reliable, and affordable energy. It is involved in electric and natural gas services, with a market focus on states like Montana, South Dakota, and Nebraska.

YTD Price Performance: 2.13%

Average Trading Volume: 373,986

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.32B

See more insights into NWE stock on TipRanks’ Stock Analysis page.

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