Highest-materiality recent filing
Otter Tail posts Q2 loss of $0.18/share on $103.5M antitrust settlement; cuts EPS guidance
Q2 2026 diluted loss per share $0.18; adjusted diluted EPS $1.66.
Otter Tail files 2026 IRP with MN PUC; plans 50MW gas, 100MW wind, solar, battery
Filed 2026 Integrated Resource Plan with Minnesota PUC; includes a 50MW natural gas plant expected in 2031 or 2032.
Otter Tail Q1 EPS $1.73, reaffirms FY26 guidance $5.22-$5.62, declares $0.5775 dividend
Q1 2026 diluted EPS $1.73; FY2026 guidance affirmed at $5.22-$5.62 per share.
Otter Tail elects Tim Rogelstad President, Tyler Nelson CFO; Wahlund moves to utility president
Tim Rogelstad elected President of Otter Tail Corp effective April 13, 2026; reports to CEO Chuck MacFarlane.
Otter Tail Power issues $170M senior unsecured notes (5.33% and 6.04%)
Issued $100M 5.33% Series 2026A Notes due 2036 and $70M 6.04% Series 2026B Notes due 2056.
Otter Tail reports FY2025 diluted EPS of $6.55; initiates 2026 guidance $5.22-$5.62
FY2025 net income $276M; diluted EPS $6.55; consolidated ROE 16% with 63% equity ratio.
Otter Tail appoints Clark and Rasche to board; Fritze retiring at April 2026 meeting
Steven L. Fritze to retire from board at the 2026 Annual Meeting in April after 12 years of service.
Otter Tail Q3 EPS $1.86; raises FY25 guidance midpoint to $6.47, long-term EPS growth target to 7-9%
Diluted EPS $1.86 for Q3 2025; FY25 guidance raised to $6.32-$6.62 from $6.06-$6.46.
Otter Tail Q2 EPS $1.85; raises FY2025 guidance range to $6.06-$6.46
Q2 diluted EPS of $1.85; increases FY2025 EPS guidance from $5.68-$6.08 to $6.06-$6.46.
Otter Tail Q1 EPS $1.62; reaffirms FY2025 guidance; manufacturing net income down 71%
Q1 2025 diluted EPS $1.62, net income $68.1M; prior year net income $74.4M.
Otter Tail posts record annual EPS of $7.17; raises long-term EPS growth target to 6-8%
Record diluted EPS of $7.17 in 2024; consolidated ROE of 19.3% on equity ratio of 62.2%.
Otter Tail Power gets $13.1M rate increase in North Dakota settlement
NDPSC approved settlement on Dec 30, 2024 granting $13.1M (6.18%) annual base rate revenue increase.
Otter Tail Q3 EPS $2.03, down 7% YoY; raises FY2024 guidance to $6.97-$7.17
Electric segment net income +16% to $28.5M on ND interim rates and FERC ruling; Plastics -8% to $54.5M on lower PVC prices.
Otter Tail reports record Q2 EPS $2.07, up 6% YoY; raises 2024 EPS guidance to $6.77-$7.07
Diluted EPS $2.07, up 6% from Q2 2023; net income driven by Plastics segment up 9% on higher volumes.
MPUC approves Otter Tail IRP; orders 200-300MW solar by 2027, coal phase-out by 2031
MPUC directed Otter Tail Power to procure 200-300MW solar by Nov 2027, 150-200MW wind by Dec 2029, and 20-75MW battery storage by Dec 2029.
Otter Tail Q1 EPS $1.77 (+19% YoY); raises 2024 guidance to $6.23–$6.53
Diluted EPS $1.77 vs $1.49 in Q1 2023; Plastics segment net income +38.8% to $46.7M.
$120M total: $60M Series 2024A at 5.48% due 2034, $60M Series 2024B at 5.77% due 2054.
Otter Tail reports record FY2023 EPS of $7.00; guides 2024 EPS $5.13-$5.43
Q4 2023: revenue $314.3M, net income $57.8M, diluted EPS $1.37 (vs $1.00 a year ago).
Otter Tail Power proposes bifurcated resource plan, Coyote Station as emergency resource by 2029
Otter Tail Power submitted a supplemental IRP to the MN PUC proposing bifurcated resource planning between Minnesota and other jurisdictions.
Otter Tail reports record Q3 EPS of $2.19; raises FY2023 guidance to $6.76-$6.96
Consolidated net income $92M, EPS $2.19 (+9% YoY); revenue $358M (-7%).
Otter Tail Q2 EPS $1.95 (-5% YoY), raises 2023 guidance to $5.70-$6.00
Q2 2023: diluted EPS $1.95 (-5% YoY), revenue $338M (-16%), net income $82M (-5%).
Otter Tail Q1 EPS $1.49 (-13% YoY); raises FY2023 guidance to $4.55-$4.85
Q1 net income $62M ($1.49 diluted EPS), down 13% YoY; revenues $339M (-10%).
Otter Tail shareholders elect directors, approve advisory votes and 2023 stock plan
Shareholders re-elected John D. Erickson, Nathan I. Partain, and Jeanne H. Crain as directors for three-year terms.
Plans to add ~200 MW solar (2027-2028) and ~200 MW wind (2029) plus LNG storage at Astoria Station in 2026.
Otter Tail posts record FY 2022 EPS of $6.78, guides FY 2023 EPS $3.76-$4.06
FY 2022 diluted EPS $6.78 (+60% YoY); net income $284.2M (+61%); operating revenue $1.46B (+22%).
Otter Tail posts record Q3 EPS $2.01, up 60% YoY; cuts FY2022 guidance to $6.42-$6.72
Q3 net income $84M, diluted EPS $2.01 (up 60% YoY); revenues $384M, up 21%.
Otter Tail subsidiary updates IRP; cites FERC, MISO changes; dual fuel project details revised.
Otter Tail Power filed supplemental IRP update with Minnesota PUC on Oct 14, 2022, requesting procedural schedule amendment.
Otter Tail Q2 EPS $2.05, up 103% YoY; Raises FY2022 EPS guidance to $6.83-$7.13
Q2 revenues $400M (+40% YoY); net income $86M (+104%); diluted EPS $2.05 (+103%).
Otter Tail Q1 EPS $1.72 (+136% YoY); raises 2022 guidance to $5.15-$5.45
Diluted EPS $1.72, net income $72M, revenue $375M (+43% YoY); all records for Q1.
Otter Tail reports record 2021 EPS $4.23; raises dividend 5.8%; guides 2022 EPS $3.78-$4.08
2021 diluted EPS $4.23 vs $2.34 in 2020; Q4 EPS $1.23 vs $0.45 a year ago. Revenue $1.20B (+34.5% YoY).
On January 26, 2024, Karen M. Bohn notified Otter Tail Corporation (the “Company”) of her intention to not stand for reelection and instead retire from the Company’s Board of Directors effective at the conclusion of her current term, which expires at the time of the 2024 Annual Meeting of Shareholders.
Kevin Moug, the Chief Financial Officer and Senior Vice President, of Otter Tail Corporation (the Company), notified the Company of his intention to retire effective December 31, 2023.
The Board has elected Todd Wahlund to the position of Vice President and Chief Financial Officer, effective on Mr. Moug’s retirement.
On December 21, 2022, the Otter Tail Corporation (the “Corporation”) Board of Directors appointed Ms. Jeanne Crain and Ms. Mary Ludford to serve as members of the Board of Directors, effective January 1, 2023.
On December 21, 2022, the Otter Tail Corporation (the “Corporation”) Board of Directors appointed Ms. Jeanne Crain and Ms. Mary Ludford to serve as members of the Board of Directors, effective January 1, 2023.
On September 21, 2022, James B. Stake notified Otter Tail Corporation (the “Company”) of his intention to not stand for reelection and instead retire from the Company’s Board of Directors effective at the conclusion of his current term, which expires at the time of the 2023 Annual Meeting of Shareholders.
On December 14, 2021, the Board of Directors of the Company appointed Dr. Michael E. LeBeau to serve as a member of the Board of Directors, effective January 1, 2022, to fill the vacancy which will be created by the retirement of Mr. O’Keefe.
On December 14, 2021, Timothy J. O’Keefe notified Otter Tail Corporation (the “Company”) of his intention to retire from the Company’s Board of Directors effective at the conclusion of his current term, which expires at the time of the 2022 Annual Meeting of Shareholders, due to having reached the mandatory retirement age.
Max materiality 0.85 · Median 0.65 · Most common event earnings