Our Natural Gas and Electric Service
NorthWestern Energy serves communities in Montana, South Dakota and Yellowstone National Park with safe and reliable electricity. We serve natural gas to communities in Montana, South Dakota and Nebraska.
Our Company
For more than 100 years, NorthWestern Energy has been committed to delivering safe, reliable and innovative energy solutions.
We serve gas and electric to customers in the western two-thirds of Montana and eastern South Dakota. We also have gas service in Nebraska and serve electricity to Yellowstone National Park.
NorthWestern owns and operates a diverse generation fleet of wind, water, natural gas and coal-fired resources and the high-voltage electric transmission system and distribution system. We also own and operate natural gas production, transmission and distribution systems.
We serve gas and electric to customers in the western two-thirds of Montana and eastern South Dakota. We also have gas service in Nebraska and serve electricity to Yellowstone National Park.
NorthWestern owns and operates a diverse generation fleet of wind, water, natural gas and coal-fired resources and the high-voltage electric transmission system and distribution system. We also own and operate natural gas production, transmission and distribution systems.
Enriching Lives Through a Safe, Sustainable Energy Future
Enriching Lives Through a Safe, Sustainable Energy Future
NorthWestern Energy has provided reliable and affordable electricity and natural gas to customers in Montana, South Dakota and Nebraska for more than 100 years.
Our Commitment to Sustainability
Sustainability means meeting today’s needs while planning for tomorrow’s as well.
NorthWestern Energy at a glance
850,300
customers served across Montana, South Dakota, Nebraska and Yellowstone National Park
1,667
employees working across our service territory
52%
carbon-free electric generation
Our vision
Enriching lives through a safe and sustainable energy future.
Our mission
Working together to deliver safe, reliable and affordable energy.
Our values
SERVICE: Safety, Excellence, Respect, Value, Integrity, Community, Environment
Our Hydro Facilities
Our carbon-free hydro system is the foundation of our energy generation portfolio in Montana.
Giving Back to Our Communities
NorthWestern Energy is committed to being a good corporate citizen of all the communities we serve.
Where Does Your Energy Come From?
We provide safe, reliable energy through a balanced mix of clean energy and traditional resources.
NorthWestern Energy Reports First Quarter 2026 Financial Results
Date: Apr 29, 2026
TYPE: News
Category: Investors
- First Quarter 2026 Diluted GAAP EPS of $1.03, compared to $1.25 in 2025.
- First Quarter 2026 Adjusted Diluted Non-GAAP EPS of $1.31, compared to $1.22 in 2025.
- Affirms 2026 earnings guidance range of $3.68 to $3.83 per diluted share.
- Affirms record $683 million capital plan for 2026 and 4% to 6% long-term EPS and rate base growth rate.
- Announces $0.67 per share quarterly dividend - payable June 30, 2026.
- Received shareholder approval of all merger proposals and reached constructive settlement agreements with certain key intervenors in Montana, Nebraska, and South Dakota.
BUTTE, MT / SIOUX FALLS, SD - April 29, 2026 - NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the First Quarter of 2026. Net income for the period was $63.5 million, or $1.03 per diluted share, as compared with net income of $76.9 million, or $1.25 per diluted share, for the same period in 2025. This decrease was primarily due to retail volumes, operating, administrative, and general costs, including merger-related costs and costs associated with our additional ownership interests in Colstrip Units 3 and 4, depreciation expense, and interest expense. These were offset in part by new rates, transmission revenues, and lower non-recoverable Montana electric supply costs.
NorthWestern’s First Quarter 2026 non-GAAP net income and diluted earnings per share were $80.6 million and $1.31, respectively, compared to $75.3 million and $1.22 in 2025. See “Adjusted Non-GAAP Earnings” and “Non-GAAP Financial Measures” sections below for more information on these measures.
“The first quarter included several important developments across our regulatory and strategic priorities,” said President and CEO Brian Bird. “In South Dakota, the signing of Senate Bill 36 into law provided greater clarity around wildfire‑related liabilities and strengthened our ability to manage risk associated with critical energy infrastructure, aligning South Dakota with similar wildfire liability protections enacted in Montana last year. In Montana, we also submitted our Large New Load tariff rule proposal to the Public Service Commission—an important step in protecting existing customers while supporting long‑term energy investment and economic development in the state. Additionally, earlier this week we executed a development agreement with Quantica Infrastructure to advance it’s Big Sky Digital Infrastructure campus outside of Billings, MT.
Bird continues, “We also made great progress on the merger. In March, we reached a constructive settlement agreement with the Public Advocate of Nebraska, followed by a hearing in early April. Also in April, both NorthWestern and Black Hills shareholders approved the merger proposals and we were able to reach constructive settlements with certain key intervenors in both Montana and South Dakota. Together, these milestones meaningfully advance us toward a targeted second‑half 2026 closing of the transaction."
Read the full Press Release or visit Financial/Webcasts to learn more.
NorthWestern Energy - Delivering a Bright Future
NorthWestern Energy Group, doing business as NorthWestern Energy, provides essential energy infrastructure and valuable services that enrich lives and empower communities while serving as long-term partners to our customers and communities. We work to deliver safe, reliable, and innovative energy solutions that create value for customers, communities, employees, and investors. We do this by providing low-cost and reliable service performed by highly-adaptable and skilled employees. We provide electricity and / or natural gas to approximately 850,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. Upon the completion of the holding company reorganization in 2023, NW Corp became a subsidiary of NorthWestern Energy Group. Our operations in Montana and Yellowstone National Park are conducted through our subsidiary, NW Corp, and our operations in South Dakota and Nebraska are conducted through our subsidiary, NWE Public Service. We have provided service in South Dakota and Nebraska since 1923 and in Montana since 2002.
Investor Relations Contact:
Travis Meyer
(605) 978-2967
Media Contact:
Jo Dee Black
(866) 622-8081