Northwestern Corporation (NYSE:NWE) Q2 2020 Earnings Conference Call - Final Transcript

Jul 29, 2020 • 03:00 pm ET


Northwestern Corporation (NYSE:NWE) Q2 2020 Earnings Conference Call - Final Transcript


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Good day, and welcome to the Northwestern Corporation Second Quarter 2020 Financial Results Conference Call and Webcast. [Operator Instructions].

At this time, I would like to turn the conference over to NorthWestern's Investor Relations Officer, Travis Meyer. Please go ahead, sir.

Travis Meyer

Thank you, Sarah. Good afternoon, and thank you for joining Northwestern Corporation's financial results conference call and webcast for the quarter ending June 30, 2020. NorthWestern's results have been released and the release is available on our website at We also released our 10-Q premarket this morning. Joining us on the call today are Bob Rowe, President and Chief Executive Officer; Brian Bird, Chief Financial Officer, and we have several other members of the management team in the room with us to address your questions if needed.

Before I turn the call over for us to begin, please note this company's press release, this presentation, comments by presenters and responses to your questions may contain forward-looking statements and non-GAAP financial information. As such, I'll remind you of our safe harbor language. During the course of this presentation, there will be forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often address our expected future business and financial performance and often contain words such as expects, anticipates, intends, plans, believe, seeks or will.

This information in the presentation is based on our current expectations. Our actual future business and financial performance may differ materially and adversely from our expectations expressed in any forward-looking statements. We undertake no obligation to revise or publicly update our forward-looking statements or this presentation for any reason. Although our expectations and beliefs are based upon reasonable assumptions, actual results may differ materially. The factors that may affect our results are listed in certain of our press releases and disclosed in the company's Form 10-K and 10-Q along with other public filings with the SEC.

Today's presentation also includes non-GAAP financial measures. Please refer to the definitions and reconciliations of these measures that are included in our webcast materials. Following the presentation, we'll open up the phone lines to allow those who are dialed into the teleconference to ask questions. The archived replay of today's webcast will be available for one year, beginning at 6:00 p.m. Eastern, and can be found on our website at, under our company investor Relations, Presentations and Webcast link.

With that, I'll hand it over to our President and CEO, Bob Rowe.

Robert Rowe

Thank you, Travis. Good afternoon, everyone, and thank you very much for joining us. Travis included a photo on the cover of the deck from the Grand Canyon of the Yellowstone. He did that because yesterday we were in the park, meeting with park management. We serve there on a contract basis. It's a privilege, obviously, to serve the nation's oldest and number one national park. The park and gateway communities in Montana are crowded. What's exciting about serving the park is we do it on