Table of Contents
Table of Contents 2
List of Tables 5
Company Snapshot 6
Key Information 6
Company Overview 6
SWOT Snapshot 6
Operational Metrics 7
Otter Tail Corp, Operational Metrics, By Capacity 7
Otter Tail Corp, Operational Metrics, By Customers 7
Otter Tail Corp, Wind Farms 8
Otter Tail Corp, Wind Farms, United States 8
Otter Tail Corp, Biopower Plants 9
Otter Tail Corp, Biopower Plants, United States 9
Otter Tail Corp, Thermal Power Plants 10
Otter Tail Corp, Thermal Power Plants, United States 10
Business Description 11
Business Overview 11
Electric 11
Overview 11
Capital Expenditure 11
Manufacturing 11
Overview 11
Capital Expenditure 11
Plastics 11
Overview 11
Capital Expenditure 12
Major Products and Services 13
History 14
SWOT Analysis 16
Overview 16
Otter Tail Corp Strengths 16
Business Performance: Electric 16
Power Generation Portfolio 16
Business Performance: Manufacturing 16
Otter Tail Corp Weaknesses 17
Working Capital Deficit 17
Otter Tail Corp Opportunities 17
Increase in Demand for Electricity 17
Manufacturing Production Sector 17
Capacity Expansion 17
Otter Tail Corp Threats 17
Competition 17
Dependence on Certain Vendors and Components 17
Regulations 17
Financial Ratios – Capital Market Ratios 19
Financial Ratios – Annual Ratios 19
Financial Ratios – Interim Ratios 21
Key Employees 22
Key Employee Biographies 23
Company Statement 24
Locations And Subsidiaries 26
Head Office 26
Other Locations & Subsidiaries 26
Financial Deals Landscape 28
Otter Tail Corp, Deals Summary 28
Otter Tail Corp, Power, Deal Details 29
Asset Transactions 29
Otter Tail Power to Acquire Merricourt Wind Project in North Dakota, US from EDF Renewable Energy 29
Recent Developments 30
Otter Tail Corp – Recent Developments 30
Jun 15, 2009: Aevenia Inaugurates Maintenance Satellite Office In Hampton, Iowa 30
Jun 03, 2008: DMI Announces Expansion Projects For North Dakota And Oklahoma Facilities 30
Aug 07, 2017: Otter Tail Announces Second Quarter Earnings; Raises 2017 Earnings Guidance Range, Board Of Directors Declares Quarterly Dividend 30
May 01, 2017: Otter Tail Announces First Quarter Earnings 34
Aug 08, 2016: Otter Tail Corporation Announces Second Quarter Earnings, Reaffirms 2016 Earnings Guidance Range; Board of Directors Declares Quarterly Dividend 37
May 02, 2016: Otter Tail Corporation Announces First Quarter Earnings 41
Feb 08, 2016: Otter Tail Corporation Reports 2015 Diluted Earnings Per Share From Continuing Operations of $1.56, Provides 2016 Earnings Guidance From Continuing Operations of $1.50 to $1.65 Per Share 44
Nov 02, 2015: Otter Tail Corporation Announces Third Quarter Earnings; Reaffirms Consolidated Earnings From Continuing Operations Guidance Range to be in the Middle to Upper Half of $1.50 to $1.65 Per Share, Board of Directors Declares Quarterly Dividend 49
Aug 03, 2015: Otter Tail Corporation Announces Second Quarter Earnings 53
May 04, 2015: Otter Tail Corporation Announces First Quarter Earnings 56
Feb 09, 2015: Otter Tail Corporation Reports Higher Earnings in 2014, Announces Signed Letters of Intent to Sell Construction Businesses, Provides 2015 Earnings Guidance of $1.65 to $1.80 Per Share 59
Feb 03, 2015: Otter Tail Corporation Increases Quarterly Dividend 60
Nov 03, 2014: Otter Tail Announces Third Quarter Earnings 60
May 06, 2014: Otter Tail Announces Strong First Quarter Earnings and Reaffirms 2013 Earnings Guidance 63
Feb 10, 2014: Otter Tail Reports Strong Fourth Quarter and 2013 Financial Results 65
Feb 03, 2014: Otter Tail Corporation Increases Quarterly Dividend 67
Oct 28, 2013: Otter Tail Corporation to Host Conference Call on Third Quarter 2013 Financial Results 67
Aug 05, 2013: Otter Tail Corporation Announces Second Quarter Earnings and Narrows 2013 Earnings Guidance; Board of Directors Declares Quarterly Dividend 67
May 06, 2013: Otter Tail Reports Revenue Of $218m In Q1 2013 69
Feb 11, 2013: Otter Tail Reports Revenue Of $859.2m In 2012 70
Nov 05, 2012: Otter Tail Reports Revenue Of $277.1m In Q3 2012 71
Aug 06, 2012: Otter Tail Reports Revenue Of $283.7m In Q2 2012 72
May 07, 2012: Otter Tail Reports Revenue Of $277.6m In Q1 2012 73
Feb 06, 2012: Otter Tail Reports Revenues Of $1.1 Billion In 2011 74
Nov 03, 2011: Otter Tail Reports Revenues Of $315.8m In Q3 2011 75
Aug 08, 2011: Otter Tail Reports Total Operating Revenues Of $317m In Q2 2011 76
May 09, 2011: Otter Tail Reports Total Operating Revenues Of $286.7m In Q1 2011 77
Feb 07, 2011: Otter Tail Reports Total Operating Revenues Of $1.11 Billion In 2010 78
Oct 28, 2010: Otter Tail Reports Net Income Of $6.1 Million In Q3 2010 79
Aug 02, 2010: Otter Tail Reports Revenues Of $270.19 Million For Q2 2010 80
May 03, 2010: Otter Tail Reports Net Income Of $4.7 Million In Q1 2010 81
Feb 08, 2010: Otter Tail Reports Net Income Of $26 Million In 2009 83
Oct 29, 2009: Otter Tail Reports Net Income Of $10.6 Million In Q3 2009 84
Aug 03, 2009: Otter Tail Reports Total Net Income Of $2.7 Million In Q2 2009 86
May 04, 2009: Otter Tail Reports Total Net Income Of $4.4 Million In Q1 2009 87
Feb 02, 2009: OTC Reports Quarterly Dividend 89
Feb 02, 2009: Otter Tail Declares 2008 Results 89
Nov 03, 2008: OTC Reports 3Q 2008 Results 90
Nov 03, 2008: OTC Reports Quarterly Dividend 92
Aug 04, 2008: OTC Declares Quarterly Dividend 92
Aug 04, 2008: OTC Declares 2Q 2008 Results 92
May 05, 2008: OTC Reports Q1 2008 Results 93
Apr 14, 2008: OTC Declares Quarterly Dividend 95
Apr 14, 2008: OTC Declares Quarterly Dividend 95
Feb 05, 2008: OTC Declares Quarterly Dividend 95
Feb 05, 2008: OTC Declares Q4 2007 Results 95
Nov 01, 2007: OTC Declares Quarterly Dividend 97
Nov 01, 2007: OTC Declares Q3 2007 Results 97
Aug 06, 2007: OTC Declares Quarterly Dividend 99
Aug 06, 2007: OTC Declares Q2 2007 Results 99
May 07, 2007: OTC Declares Q1 2007 Results 100
Apr 09, 2007: OTC Declares Quarterly Dividend 102
Feb 05, 2007: OTC Declares Q4 2006 Results 102
Feb 05, 2007: OTC Declares Quarterly Dividend 104
Feb 06, 2014: Otter Tail Corporation Appoints Charles S. MacFarlane President and Chief Operating Officer 104
Aug 15, 2013: Steven L. Fritze Named to Otter Tail Corporation Board of Directors 104
Jan 03, 2012: Otter Tail Appoints Edward McIntyre As President And CEO 105
Dec 19, 2011: Otter Tail Appoints Mark Olson To Board 105
Sep 08, 2011: Otter Tail Announces Resignation Of John Erickson As President And CEO 105
Oct 04, 2010: Otter Tail’s Executive Vice President And COO Lauris Molbert Resigns 106
May 27, 2009: Otter Tail Appoints Michael Olsen As VP Of Corporate Communications And Public Affairs 106
Apr 14, 2008: OTC Announces Board Changes 106
Feb 05, 2008: OTC Appoints President 107
Jan 02, 2008: OTC Announces Management Changes 107
Oct 06, 2016: Otter Tail power company selects Itron for grid modernization 107
Appendix 109
Report Scope 109
GlobalData Coverage 109
Benchmarking 109
GlobalData’s Methodology 109
Secondary Research 109
Primary Research 110
Contact Us 110
Disclaimer 110
Otter Tail Corp, Key Facts 6
Otter Tail Corp, Operational Metrics, Capacity 7
Otter Tail Corp, Operational Metrics, Customers 7
Otter Tail Corp, Wind Farms, United States 8
Otter Tail Corp, Biopower Plants, United States 9
Otter Tail Corp, Thermal Power Plants, United States 10
Major Products and Services 13
Otter Tail Corp, SWOT Analysis 16
Otter Tail Corp, Ratios based on current share price 19
Otter Tail Corp, Annual Ratios 19
Otter Tail Corp, Interim Ratios 21
Otter Tail Corp, Key Employees 22
Otter Tail Corp, Other Locations 26
Otter Tail Corp, Subsidiaries 26
Otter Tail Corp, Deals Summary 28
Otter Tail Power to Acquire Merricourt Wind Project in North Dakota, US from EDF Renewable Energy 29
