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OTTRP Otter Tail Corp featured news, full reports, and detailed charts

Otter Tail Corp (OTTRP/OTTRP.OB) Wrap Up:

Otter Tail Corporation, together with its subsidiaries, engages in the production, transmission, distribution, and sale of electric energy in the United States and internationally. As of December 31, 2007, it served approximately 129,000 commercial, residential, and industrial customers. The company also produces and sells polyvinyl chloride and polyethylene pipes; and waterfront equipment, wind towers, material and handling trays, horticultural containers, contract machining, and metal parts stamping and fabrication. In addition, Otter Tail sells diagnostic medical equipment, patient monitoring equipment, and related supplies and accessories, as well as provides equipment maintenance, diagn...
www.ottertail.com
4,166 Employees
Founded in 1907

Otter Tail Corp (OTTRP:OTC Bulletin Board Market)

LAST $58.01 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of September 1, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Otter Tail Corp (OTTRP)

OPEN
--
PREVIOUS CLOSE
$58.01
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
07/9/09 - $62.00
52 WEEK LOW
01/13/09 - $55.00
MARKET CAP
3.5M
AVERAGE VOLUME 3 mo
0.0
DILUTED EPS TTM
--
SHARES OUTSTANDING
60.0K
EX-DATE
11/10/09
P/E TTM
--
DIVIDEND
$3.60
DIVIDEND YIELD
6.21%
K = Thousands  M = Millions  B = Billions

OTTRP Top Compensated Officers

Mr. John Erickson
Chief Executive Officer, President and Direct...
Age: 50
Total Annual Compensation: $482.0K
Mr. Kevin G. Moug
Chief Financial Officer, Principal Accounting...
Age: 49
Total Annual Compensation: $327.8K
Mr. Lauris Molbert CPA, J.D.
Chief Operating Officer and Executive Vice Pr...
Age: 51
Total Annual Compensation: $383.5K
Mr. Charles S. MacFarlane
Vice President of Electric Operations and Pre...
Age: 44
Total Annual Compensation: $439.7K
Mr. George A. Koeck
Corporate Secretary and General Counsel
Age: 56
Total Annual Compensation: $279.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Otter Tail Corp (OTTRP)

Otter Tail Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009 ; Revises Earnings Guidance for the Full Year 2009; Declares Quarterly Dividend on Common Stock and Four Series of Preferred Stock Payable on November 13, 2009 and December 1, 2009, Respectively

Otter Tail Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total operating income of $17,496,000, total net income of $10,592,000 or $0.29 diluted on total operating revenues of $257,440,000 against total operating income of $19,746,000, total net income of $9,631,000 or $0.31 diluted on total operating revenues of $352,919,000 for the same period a year go. For the nine months, the company reported total operating income of $32,285,000, total net income of $17,711,000 or $0.48 diluted on total operating revenues of $781,536,000 against total operating income of $47,146,000, total net income of $21,378,000 or $0.69 diluted on total operating revenues of $976,756,000 for the same period a year go. The company reported net cash provided by operating activities of $140,579,000 and capital expenditures of $150,138,000 against net cash provided by operating activities of $40,244,000 and capital expenditures of $172,237,000 for the same period a year ago. The company revised earnings guidance for the full year 2009. The corporation expects its 2009 earnings to be near the low end of its previously announced range of $0.70 to $1.10. The earnings guidance is subject to risks and uncertainties given current global economic conditions and the other risk factors. On October 29, 2009 the Board of Directors declared a quarterly common stock dividend of 29.75 cents per share payable December 10, 2009 to shareholders of record on November 13, 2009. The Board also declared quarterly dividends on the corporation's four series of preferred stock, payable December 1, 2009, to shareholders of record on November 13, 2009.

Otter Tail Corporation expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).

Otter Tail Corporation expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).

Otter Tail Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2009 ; Revised Earnings Guidance for the Full Year of 2009 ; Declares Quarterly Dividend, Payable on September 10, 2009

Otter Tail Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported revenue of $246.9 million compared with $323.6 million for the second quarter of 2008. Total operating income was $6.1 million compared to $10.3 million for the same period last year. Total net income for common share holders was $2.5 million or $0.07 basic and diluted per share compared to $3.3 million or $0.11 basic and diluted per share for the same period last year. For the six months, the company reported revenue of $524.0 million compared with $623.8 million for the first six months of 2008. Total operating income was $14.7 million compared to $27.4 million for the same period last year. Total net income for common share holders was $6.7 million or $0.19 basic and diluted per share compared to $11.3 million or $0.38 basic and diluted per share for the same period last year. Net cash provided by operating activities was $90.3 million compared to $34.9 million for the same period last year. The company reported capital expenditures of $57.9 million compared to $117. 7 million for the same period last year. The company revising its 2009 earnings guidance to be in a range of $0.70 to $1.10 diluted per share from its previously announced range of $0.80 to $1.20 diluted per share. The earnings guidance revision is reflective of the company's expectations that difficult economic conditions will continue for the balance of the year. On August 3, 2009 the Board of Directors of the company declared a quarterly common stock dividend of 29.75 cents per share payable September 10, 2009 to shareholders of record on August 14, 2009. The Board also declared quarterly dividends on the company's four series of preferred stock, payable September 1, 2009 to shareholders of record on August 14, 2009.

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OTTRP Competitors

Company Last Change
Black Hills Corp $23.54 USD -0.04
CH Energy Group Inc $41.43 USD +0.34
El Paso Electric Co $19.63 USD +0.11
NorthWestern Corp $25.10 USD +0.02
UIL Holdings Corp $26.80 USD 0.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation OTTRP Industry Range
Price/Earnings 27.1x
Price/Sales 0.7x
Price/Book 1.2x
Price/Cash Flow 8.1x
TEV/Sales 0.2x

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