Otter Tail Corporation Energy Operations

Otter Tail Corporation has a significant presence in the energy sector, and that's not surprising given its long history in the industry. The company's energy operations date back to 1907.

Otter Tail Power Company, a subsidiary of Otter Tail Corporation, generates electricity using a mix of coal, natural gas, and hydroelectric power. This diverse energy portfolio allows the company to adapt to changing market conditions and environmental regulations.

Otter Tail Power Company operates a fleet of power plants, including coal-fired plants in Minnesota and North Dakota, as well as a hydroelectric plant on the Otter Tail River in Minnesota.

Expand your knowledge: North American Coal Corporation

Otter Tail Corporation's business operations are a testament to its commitment to serving its customers and the community. The company has a strong presence in the Midwest region, with a diverse portfolio of businesses that include electricity, natural gas, and water utilities, as well as a manufacturing division.

Otter Tail Corporation's manufacturing division is a significant contributor to the company's revenue, with a focus on producing steel and aluminum products. The division operates multiple facilities across the United States.

The company's diversified business model allows it to weather economic downturns and capitalize on growth opportunities. This approach has enabled Otter Tail Corporation to maintain a stable financial position and provide a high level of service to its customers.

Recommended read: Taxes on Sale of Business S Corp

Otter Tail Power's hydropower roots date back to 1909 with the construction of the Dayton Hollow dam, southwest of Fergus Falls.

The company initially relied on these hydroelectric plants to provide power for its system, but their capacity was soon outstripped in the 1920s.

Today, only about 1% of the company's needs still come from hydropower, with steam providing the bulk of its power needs.

The dams operated by Otter Tail Power include Dayton Hollow (1909), Hoot Lake (1914/1918), Pisgah (1918), Wright (rebuilt 1922), Taplin Gorge (1925), and Bemidji (built early 1900s/purchased in 1944).

Hoot Lake is notable for forming the water intake for the coal-fired power plant that once stood nearby.

Taplin Gorge's powerhouse was modeled after the Mausoleum of Theodoric at Ravenna, Italy, making it a unique feature among the company's dams.

The Bemidji dam was removed from service due to an equipment failure, but the dam still regulates water levels on the lake behind it and the river downstream.

See what others are reading: National Water and Sewerage Corporation

The company's coal-fired plants played a significant role in meeting its energy requirements, especially during periods of high demand.

In the 1920s, the company started adding coal-fired plants to its system, with the first one being the Hoot Lake plant in 1921.

The most important coal-fired plant was built near Washburn, ND in 1926, and it was one of the earliest large-scale plants to burn lignite exclusively.

The company continued to add more coal-fired plants across its system in the late 1940s to meet the surge in demand after WWII.

The Big Stone plant, completed in 1974, marked the retirement and removal of all the smaller coal-fired plants, including the Washburn plant, which was removed in 1969.

The Hoot Lake plant was the last of the company's early coal-fired plants and the last that was 100% owned by the company, with only two units still in operation at the time of its retirement and demolition in 2021.

Expand your knowledge: Irkutsk Aviation Plant

Otter Tail Power Company owns a significant amount of wind power, with 138 MW of wind generation and an additional 45 MW purchased, totaling 183 MW.

Their wind power is expected to make up a substantial portion of their energy mix, with 18 percent of retail sales coming from wind generation by 2010.

The company has invested in several wind farms, including the Luverne Wind Farm, Ashtabula Wind Energy Center, Langdon Wind Energy Center, and North Dakota Wind II.

These wind farms are a key part of Otter Tail Power Company's strategy to reduce their reliance on traditional fossil fuels and increase their use of renewable energy.

You might enjoy: Otter Media

Transmission & Distribution is a crucial aspect of Otter Tail Power's operations. The company has invested in various transmission and distribution projects to ensure reliable and efficient delivery of electricity to its customers.

One notable example is the Luverne Wind Farm, which is part of Otter Tail Power's wind generation portfolio. This wind farm is just one of the many projects that contribute to the company's overall transmission and distribution infrastructure.

If this caught your attention, see: Alternative Distribution Alliance

Otter Tail Power has also made significant investments in its transmission and distribution infrastructure, with various line and substation projects being undertaken to improve the reliability and efficiency of its operations. Access to detailed information on these projects is available to those who need it.

The company's commitment to transmission and distribution is reflected in its ownership of 138 MW of wind generation, which is a significant portion of its overall power portfolio.

Recommended read: Tamil Nadu Transmission Corporation

Otter Tail Corporation's financials show a mixed picture. The company's Free Cash Flow for Q2 2025 was $53.68 million, a 7.2% increase year-over-year.

However, Operating Free Cash Flow took a hit, decreasing by 20.9% to $119.91 million. This significant drop is worth noting, especially when considering the company's overall financial health.

One area where Otter Tail Corporation is doing well is with its debt. The company's Long Term Debt increased by 10.6% to $1.04 billion in Q2 2025, which is a manageable growth. On the other hand, its Short Term Debt decreased by 100% to $0.00 million, indicating a significant reduction in short-term obligations.

Financial Health is a crucial aspect of any company's overall well-being. A strong financial health can help a company weather economic downturns, invest in growth opportunities, and reward shareholders.

The company's income statement and estimates suggest a healthy financial position, with all financial news and data tailored to specific country editions.

Free cash flow has increased by 7.2% in Q2 2025, reaching $53.68M. This is a positive sign, indicating that the company is generating sufficient cash to meet its financial obligations.

Operating free cash flow, however, has decreased by 20.9% in Q2 2025, reaching $119.91M. This might be a cause for concern, but it's essential to consider the company's overall financial health rather than focusing on a single metric.

The company's liabilities have also been a point of interest. Long-term debt has increased by 10.6% in Q2 2025, reaching $1.04B. This could be a sign of the company's growth and expansion plans.

Here's a summary of the company's liabilities:

The absence of short-term debt is a positive sign, indicating that the company is not over-reliant on short-term financing.

Overall, the company's financial health appears to be stable, with some areas for improvement. By monitoring these key metrics, investors and stakeholders can gain a better understanding of the company's financial position and make informed decisions.

The world of finance can be intimidating, but having access to premium industry data can give you a competitive edge.

According to the latest financial reports, the global financial services market is projected to reach $28.4 trillion by 2025.

Having a solid understanding of financial statements is crucial for making informed investment decisions.

The article highlights that a company's revenue growth rate is a key indicator of its financial health, with a 10% increase in revenue translating to a 25% increase in earnings per share.

Investors often look for companies with a strong track record of profitability, and the article notes that a company's net profit margin is a key metric in this regard.

A company's debt-to-equity ratio is another important metric that can indicate its financial stability, with a ratio of 1:1 being a general benchmark for a healthy balance sheet.

Expand your knowledge: Apple Gross Revenue

Otter Tail Corporation has seen its stock price increase significantly over the years. In fact, its stock popped 14.8% today, which is a notable boost.

Earnings have been a major factor in impressing investors, and it's easy to see why. A strong earnings report can make a big difference in a company's stock performance.

According to the data, Otter Tail's stock has outperformed the S&P over the long term. In the 5-year period, it has gained 119.05%, compared to the S&P's 95.99%.

Here's a comparison of Otter Tail's return with the S&P's over different time periods:

It's clear that Otter Tail has been a high-growth stock, with returns far exceeding those of the S&P.

Otter Tail Corporation has a strong leadership team in place, with Charles MacFarlane serving as the CEO since 2015. He is 60 years old and has been with the company for over 7 years.

The company's management team includes Todd Wahlund, the Director of Finance/CFO, who joined in 2023. Jennifer Smestad, the General Counsel, has been with the company since 2017.

Charles MacFarlane is not only the CEO but also a Director/Board Member, a title he has held since 2015. Nathan Partain, the Chairman, has been in this role since 2011 and is 68 years old.

Here is a list of key members of the management team:

Otter Tail Corporation has a strong track record of paying dividends to its shareholders. The company has consistently paid a quarterly dividend since 1947.

As of 2022, the company's dividend yield is around 2.5%. This indicates the return on investment for shareholders.

Otter Tail Corporation is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol OTTR.

Check this out: Paccar Dividend History

Otter Tail Corporation has had a busy few months. Otter Tail Corporation's Q2 2025 Earnings Call was held on August 5, 2025.

The company reported a revenue fall, but raised its 2025 earnings guidance. Otter Tail Corporation also declared a quarterly common stock dividend, payable on September 10, 2025.

In June, Otter Tail Corp issued Series 2025B Notes for $50 million, and the company announced it expected to receive $50 million in funding.

Otter Tail Power seeks a rate increase in South Dakota. Otter Tail Corporation is hosting a conference call on its third quarter 2025 financial results on October 14, 2025.

Here's a snapshot of Otter Tail Corporation's stock performance:

Otter Tail Corporation's stock has fluctuated over the years, but the company remains active in the market with various announcements and releases.

The valuation of Otter Tail Corporation is an interesting topic. The company's market capitalization has fluctuated over time, ranging from $2.62 billion to $30.91 billion.

Here are some key valuation metrics for Otter Tail Corporation:

The company's enterprise value has also changed significantly, from $3.2 billion to $37.83 billion.

Valuation is a crucial aspect of evaluating a company's worth. The P/E ratio for Otter Tail Corporation in 2025 is 12x, which is relatively stable compared to the 13.1x in 2026.

Enterprise value is another key metric, which for Otter Tail Corporation in 2025 is $4.03B, and in 2026 it's expected to be $503B.

The free-float of Otter Tail Corporation's shares is 97.72%, indicating a high level of liquidity in the market. The yield on these shares in 2025 is expected to be 2.65%, increasing to 2.81% in 2026.

Here's a breakdown of the Price to Earnings ratio for Otter Tail Corporation over the past year:

The Price to Earnings ratio has shown a slight increase over the past year, with a YoY change of -4.25%.

Sales by Activity can be a crucial factor in determining the overall value of a company. Otter Tail Corporation's sales by activity provide a clear picture of their growth and fluctuations over the years.

In 2020, Otter Tail Corporation's electric sales reached $446 million, which is a significant starting point for their sales by activity. However, their electric sales increased to $480 million in 2021, showing a growth of $34 million.

Here's a breakdown of Otter Tail Corporation's sales by activity for the given years:

Their plastics sales also experienced significant growth, increasing from $205 million in 2020 to $380 million in 2021. This growth continued in 2022, reaching $513 million.