The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

NWE

Concerning the House

NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,596 miles of electric transmission and 18,946 miles of electric distribution lines with approximately 397 transmission and distribution substations; and 2,133 miles of natural gas transmission and 5,939 miles of natural gas distribution lines with approximately 134 city gate stations in Montana. It also operates 1,344 miles of electric transmission and 2,386 miles of electric distribution lines in South Dakota with approximately 123 transmission and distribution substations; and 55 miles of natural gas transmission, 1,853 miles of natural gas distribution lines in South Dakota, and 836 miles of natural gas distribution lines Nebraska. The company provides electricity and/or natural gas to approximately 850,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Energy Group, Inc. was incorporated in 1923 and is based in Sioux Falls, South Dakota.

United States · www.northwesternenergy.com

The Long Run

FY 2023–2025 · 3 years

LineLatestCAGRTrend
Revenue$1.61B+4.4%
Operating income$325.82M+11.3%
Net income$224.11M+7.4%
Cash from ops$489.23M+49.1%
Quotation

$71.52

+0.96 (+1.4%)

52w hi$73.42
52w lo$52.73
Vol359.71K
As ofAug 13
The Verdict

Hold

Our score -0.26

Short-0.08
Medium-0.43
Long-0.29

computed 2026-08-13

By the Numbers

NorthWestern Energy Group, Inc.

Utilities · Utilities - Regulated Electric

Market cap$4.40B
Enterprise value$7.93B
Trailing P/E25.82x
Forward P/E18.04x
EV / EBITDA13.37x
P / S (ttm)2.60x
Profit margin10.1%
Return on equity5.9%
Revenue growth+14.6%
Earnings growth+15.7%
Debt / equity124.22
Risk Metrics
Beta vs SPX0.20
Corr SPX0.15
Annual vol21.7%
Annual ret+18.1%
Sharpe0.83
Max DD-14.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.23
Sector-0.01
Technical-0.04
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$71.04$72.26$71.04$71.52359.71K
Aug 12$71.24$71.33$70.51$70.56494.30K
Aug 11$71.40$71.80$70.37$70.65388.90K
Aug 10$71.50$71.50$70.52$71.22315.20K
Aug 7$69.80$72.69$69.58$72.09469.40K