BNET Industries
NSTAR (NST) is in the Energy Industry
- Revenue
- Dec 31 2007
- $3.2B
- Profit
- Dec 31 2007
- $221.5M
- Market Cap
- Dec 02 2008
- $3.6B
Latest News and Analysis
NSTAR Increases Common Share Dividend 7.7%
BOSTON -- NSTAR (NYSE:NST) announced today that its Board of Trustees voted to increase the dividend on its common shares to an annualized rate of $1.40 per share, a 7.7% increase over the previous rate of $1.30. This is the company's 475th consecutive dividend and the tenth consecutive year that...
NSTAR Increases Common Share Dividend 7.4%
BOSTON -- NSTAR (NYSE:NST) announced today that its Board of Trustees voted to increase the dividend on its common shares to an annual rate of $1.30 per share, a 7.4 percent increase over the previous rate of $1.21. The Board declared a quarterly dividend of $0.325 per share. This is...
NSTAR Reports Earnings and Declares Dividend Increase
BOSTON -- NSTAR (NYSE: NST) today reported earnings of $0.36 per basic and diluted common share for the fourth quarter of 2005, compared to $0.36 and $0.35 per basic and diluted share reported for the same period in 2004.
Additional Resources
NSTAR Increases Common Share Dividend 7.1% and Provides 2009 Earnings Guidance
BOSTON -- NSTAR (NYSE:NST) announced today that its Board of Trustees voted to increase the dividend on its common shares to an annualized rate of $1.50 per share, a 7.1% increase over the previous rate of $1.40. This is the company's 479th consecutive dividend and the eleventh consecutive year that...
NSTAR Reports Third Quarter Results for 2008
BOSTON -- NSTAR (NYSE: NST) today reported earnings of $85.8 million, or $0.80 per common share, for the third quarter of 2008, compared to $84.2 million, or $0.79 per share reported for the same period in 2007. Chairman, President and Chief Executive Officer Thomas J. May said, "We...
NSTAR Announces Third Quarter 2008 Conference Call
BOSTON -- NSTAR (NYSE:NST) announced today that it is holding a conference call to discuss its third quarter 2008 financial results. The conference call will be held on Friday, November 7, 2008 at 9:00 a.m. Eastern Time. Earnings information will be released after market hours on Thursday, November 6, 2008....
Fall's Here - Time to Button-up with Energy-Saving Tips from NSTAR
BOSTON -- The chill in the air means heating systems will soon be called back into service. To help customers prepare for the coming heating season, NSTAR has advice for keeping homes warm and energy efficient. Have heating systems inspected and cleaned - A properly cleaned and adjusted...
NSTAR Declares Common Share and Preferred Stock Dividends
BOSTON -- NSTAR (NYSE:NST) announced today that its Board of Trustees declared a quarterly dividend of $0.35 per common share. This is NSTAR's 478th consecutive dividend, payable November 1, 2008 to shareholders of record October 10, 2008. Also, the Board of Directors of NSTAR Electric Company, a wholly...
NSTAR Hits the Road with Energy Trailer
BOSTON -- NSTAR is rolling out a new traveling display that will make it easy for customers to learn more about current trends in energy efficiency and renewable energy technologies. The NSTAR Energy Showroom of Innovation, or NESI, is visiting local communities to provide customers with an opportunity to view...
Massachusetts Electric Utilities Announce a New Home Construction Energy Efficiency Competition
Advanced technologies and practices with close to zero energy use to be identified LEXINGTON, Mass., Sept. 22 /PRNewswire/ -- Massachusetts' investor-owned electric utility companies -- National Grid, NSTAR, Unitil, and Western Mass Electric, recently implemented a unique energy efficiency pilot program called the "Zero Energy Challenge." These...
Fitch Affirms N-Star REL CDO VI
NEW YORK -- Fitch Ratings affirms the classes of N-Star REL CDO VI Ltd./LLC (N-Star VI) as follows: --$174,800,000 class A-1 at 'AAA'; --$27,225,000 class A-2 at 'AAA'; --$70,000,000 class A-R at 'AAA'; --$21,825,000 class B at 'AA'; --$12,825,000 class...
Power Prices to Tumble for NSTAR Electric's Largest Customers
BOSTON -- Fourth quarter electricity costs will soon be falling by more than 21 percent for some of the state's largest businesses after NSTAR secured contracts that are significantly lower than current rates. Under Massachusetts law, NSTAR buys electricity through a competitive bidding process on behalf of customers who receive...
NSTAR Proposes Expanded Efficiency Programs in Time for Heating Season
BOSTON -- In its first official step to implement the Green Communities Act, NSTAR Electric & Gas has filed a plan to expand its energy efficiency programs that are aimed at helping residential heating customers in time for the upcoming winter season. In collaboration with the Massachusetts Department of Public...
NSTAR Business Manager Michael Roberts to Discuss How IVR Systems Improve Customer Experience at SpeechTEK 2008
FROM SPEECHTEK 2008, EMPIRIX BOOTH #313 - Empirix ® Inc., which helpsorganizations adopt complex communications solutions with confidence,announced today that its customer NSTAR will participate in a panel titled"Development and Deployment" at SpeechTEK 2008 to discuss best practicesfor implementing speech technology at large utilities. Other panelparticipants include David Thomson,...
NSTAR Names New Head of Human Resources
BOSTON -- NSTAR Electric & Gas is pleased to announce the appointment of Christine Carmody as Senior Vice President of Human Resources. Carmody is currently the Vice President of Organizational Effectiveness at NSTAR and is in charge of acquiring, developing and retaining diverse, quality talent for the company. In her...
NSTAR Reports Second Quarter Results for 2008
BOSTON, Mass. -- NSTAR (NYSE: NST) today reported earnings of $50.4 million, or $0.47 per common share, for the second quarter of 2008, compared to $50.1 million, or $0.47 per share reported for the same period in 2007. Chairman, President and Chief Executive Officer Thomas J. May said,...
NSTAR Announces Second Quarter 2008 Conference Call
BOSTON -- NSTAR (NYSE:NST) announced today that it is holding a conference call to discuss its second quarter 2008 financial results. The conference call will be held on Friday, July 25, 2008 at 9:00 a.m. Eastern Time. Earnings information will be released after market hours on Thursday, July 24, 2008....
NSTAR Declares Common Share and Preferred Stock Dividends
BOSTON -- NSTAR (NYSE:NST) announced today that its Board of Trustees declared a quarterly dividend of $0.35 per common share. This is NSTAR's 477th consecutive dividend, payable August 1, 2008 to shareholders of record July 10, 2008. Also, the Board of Directors of NSTAR Electric Company, a wholly...
NSTAR Launches Latest Effort to Help Customers "Go Green"
BOSTON -- In yet another move to help the environment and address climate change, NSTAR is offering a new incentive for customers to go paperless. Through July 31st, the company will make a $1 donation to the Massachusetts Department of Conservation & Recreation for every customer who opts to get...
Fitch Affirms N-Star REL CDO VIII, Ltd./LLC
NEW YORK -- Fitch affirms all classes of N-Star REL CDO VIII, Ltd./LLC (N-Star VIII) floating-rate notes as follows: --$100,000,000 class A-1 affirmed at 'AAA' --$260,000,000 class A-R affirmed at 'AAA'; --$103,050,000 class A-2 affirmed at 'AAA'; --$60,300,000 class B affirmed at...
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- Incorporated: 1886
- CEO: Mr. Thomas J. May
NSTAR is a holding company. Through its subsidiaries, Co. is engaged in the energy delivery business serving approximately 1.4 million customers in Massachusetts, including approximately 1.1 million electric distribution customers in 81 communities and around 300,000 natural gas customers in 51 communities as of Dec 31 2007. Co.'s segments include its electric and natural gas utility operations, and its unregulated operations. As of Dec 31 2007, the gas system of Co.'s NSTAR Gas Company subsidiary included about 3,080 miles of gas distribution lines, approximately 186,100 services and approximately 286,700 customer meters together with measuring and regulating equipment.
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NSTAR Company Info
Board of Directors
Mr. Thomas J. May
Chairman; Trustee
Dr. Gerald L. Wilson
Trustee
Mr. Gary L. Countryman
Trustee
Mr. Daniel Dennis CPA
Trustee
Mr. Charles K. Gifford
Trustee
Mr. Paul A. La Camera
Trustee
Dr. Sherry H. Penney
Trustee
Mr. William C. Van Faasen
Trustee
Mr. Thomas G. Dignan Jr.
Trustee
Dr. Matina S. Horner
Trustee
Contact Information
800 Boylston Street
Boston, MA
617 424-2000
