Otter Tail Corporation Stock News

OTTR earnings call for the period ending December 31, 2021.

OTTR earnings call for the period ending December 31, 2021.

Otter Tail Corporation's (OTTR) CEO Chuck MacFarlane on Q4 2021 Results - Earnings Call Transcript

Otter Tail press release (OTTR): Q4 GAAP EPS of $1.23 beats by $0.32.Revenue of $333.2M (+46.9% Y/Y) beats by $43.25M.The corporation expects 2022 diluted earnings per share to be in…

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and the year ended December 31, 2021. 2021 SUMMARY (in millions, except per share amounts) 4Q 2021 4Q 2020 2021 2020 Operating Revenues $ 333.2 $ 226.8 $ 1,196.8 $ 890.1 Net Income $ 51.6 $ 18.7 $ 176.8 $ 95.9 Diluted Earnings Per Share $ 1.23 $ 0.45 $ 4.23 $ 2.34 2021 HIGHLIGHTS Compared to the year ended December 31, 2020: Consolidated operating

Energy prices have risen but that doesn't mean utility stocks have lost their luster. Many continue to grow their earnings and profits.

Otter Tail is one of the more interesting electric utilities, given that only 70% of its earnings come from electricity. The company is one of the most renewable-heavy utilities in the industry, and i

CMS Energy's (CMS) subsidiary inks an agreement with Swisslane Farms to build a biodigester facility in Michigan and boost its clean energy target.

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation has appointed Dr. Michael LeBeau of Bismarck, North Dakota, to the companys Board of Directors, effective January 1, 2022. Outgoing Board Member Timothy OKeefe will serve his last day in April, retiring at Otter Tail Corporations Annual Meeting of Shareholders. Tim has provided valued business and operational perspectives, particularly in marketing, customer service, and public policy, during his service to our board, said Nathan

Telefonica (TEF) unit collaborates with Celcom to reinforce the latter's cybersecurity services and capabilities while ensuring secure business operations for organizations based in Malaysia.

Duke Energy (DUK) makes a strong case for investment, given its estimates revision, earnings surprise history, and systematic investments to strengthen infrastructure and serve customers efficiently.

Since Dec. 1, 2021, the state reported an additional 32,705 COVID-19 cases, totaling 948,490 for the entire pandemic, a 32% increase over the previous week. Also, 292 new deaths were reported by the state in the last seven days, 92 more than last week, totaling 9,774 for the entire pandemic. Currently, Becker County reported 142 active cases, an increase of 2 active cases since Dec. 1. Otter Tail and Clay Counties each reported 5 new COVID-related deaths this week. Statewide COVID-19 data is not being released on Saturdays and Sundays.