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NORTHWESTERN CORPORATION

(NWE)
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NorthWestern : Energy replacing natural gas line west of Butte

05/28/2021 | 04:41pm EDT

Butte, Mont. - May 28, 2021 - NorthWestern Energy is replacing 15.6 miles of natural gas pipeline from the Warm Springs area to Butte.

The construction work, which started in May 2021, is visible north of Interstate 90 in the area near Exit 201 to Warms Springs.

Crews will install a new pipeline parallel to the existing natural gas pipeline, which is nearing the end of its useful life. There will no interruption in service to customers.

The project is scheduled to be complete in Fall of 2023.

The new natural gas pipeline will continue to provide reliable, safe natural gas service to NorthWestern Energy's customers in the Butte and surrounded area.

For questions or more information, contact Community Relations Manager Paul Babb at paul.babb@northwestern.com or 406-497-2114.

Follow us on Facebook or on Twitter (@NWEinfo).

About NorthWestern Energy (Nasdaq: NWE)

NorthWestern provides electricity and / or natural gas to approximately 743,000 customers in Montana, South Dakota, and Nebraska. We have generated and distributed electricity in South Dakota and distributed natural gas in South Dakota and Nebraska since 1923 and have generated and distributed electricity and distributed natural gas in Montana since 2002. More information on NorthWestern is available on the company's website at www.northwesternenergy.com.

Media Contacts:
Jo Dee Black
866-622-8081
jodee.black@northwestern.com

Disclaimer

NorthWestern Corporation published this content on 28 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 20:40:01 UTC.


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Financials (USD)
Sales 2021 1 296 M - -
Net income 2021 185 M - -
Net Debt 2021 2 578 M - -
P/E ratio 2021 17,3x
Yield 2021 4,01%
Capitalization 3 193 M 3 193 M -
EV / Sales 2021 4,45x
EV / Sales 2022 4,40x
Nbr of Employees 1 530
Free-Float 92,3%
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 61,92 $
Average target price 70,43 $
Spread / Average Target 13,7%
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Managers and Directors
Robert C. Rowe Chief Executive Officer & Director
Brian B. Bird President & Chief Operating Officer
Travis Meyer Director-Finance & Investor Relations Officer
Crystal Dawn Lail Chief Financial Officer & Vice President
Dana J. Dykhouse Non-Executive Chairman
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