Investor Presentaiton
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NorthWestern Energy Value Proposition
A pure play electric and natural gas utility
serving as stewards of critical energy infrastructure that provides
essential services to a broad service territory spanning across
Montana, South Dakota, Nebraska and Yellowstone National Park.
A Strong Financial Foundation and Investment for the Long Term
Over 100 years of operating history
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History of strong earnings growth
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3.7% Non-GAAP EPS CAGR from 2011-2020
3%-6% long-term EPS growth going forward.
History of annual dividend increases
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Growing from $1.00 per share in 2005 to $2.40 in 2020
Competitive current dividend yield of 4.3%
Growing capital investment program
$400+ million annual investment and approximately 2.4x depreciation in 2021
Significant generation capacity deficit with opportunity for investment
Diverse energy supply portfolio - already 65% carbon-free (MWh's delivered)
Award winning and best practices corporate governance
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Stable and flexible investment grade balance sheet
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Ample liquidity (>$100 Millions) to weather uncertainty
History of stable customer growth, in excess of national average
Customer bills well below national average
Highest ever customer satisfaction scores
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