NWE Q2 EPS $0.52 vs $0.32 YoY; to buy Energy West Montana gas assets and Puget's Colstrip stake

NorthWestern Energy Group, Inc.

2024-Q2 EPS reported $1.58 revenue$795,271,000

GAAP diluted EPS $0.52 (net income $31.7M) vs $0.32 ($19.1M) in Q2 2023; adjusted EPS $0.53 vs $0.35.
Affirms FY2024 earnings guidance and $500M capital investment plan.
Quarterly dividend declared at $0.65 per share, payable September 30, 2024.
Agreed to acquire Energy West Montana's natural gas distribution system serving 33,000 customers.
Agreed to acquire Puget's 370 MW ownership interest in Colstrip at no cost; transfer by December 31, 2025.

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