BNET Industries
NSTAR (NST) is in the Energy Industry
- Revenue
- Dec 31 2007
- $3.2B
- Profit
- Dec 31 2007
- $221.5M
- Market Cap
- Oct 10 2008
- $2.9B
Latest News and Analysis
NSTAR Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Peter Hark – Talon Capital. Peter Hark – Talon Capital We lost your presentation just as you were talking about the Boston economy and didn’t hear anything post that. Should we go and redo that again or not. Maybe the...
NSTAR Takes Home the Gold for Environmental Leadership
BOSTON -- NSTAR has earned a coveted Gold Certification for Leadership in Energy and Environmental Design for its corporate office building in Westwood. Known for its avid support of energy efficiency and renewable energy projects in the region, NSTAR is now one of only three companies in Massachusetts to meet...
NSTAR Unveils Innovative Model for Meeting Growing Energy Demand
BOSTON -- The town of Marshfield will soon become a 21st century model for energy technologies and policies as NSTAR rolls out a new pilot program in the South Shore community. Dubbed the "Marshfield Energy Challenge," the program takes a holistic approach to meeting growing energy demand by combining targeted...
NSTAR Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Annie Tsao from Bernstein. Please proceed. Annie Tsao Good morning. Jim Judge Hi. Annie Tsao Can you hear me? Jim Judge Yes, Annie. Annie Tsao Yeah, hi. How are you? Jim Judge Fine. How are you? Annie...
NSTAR Reports Earnings for the Fourth Quarter and Year 2007
BOSTON -- NSTAR (NYSE: NST) today reported earnings of $39.4 million, or $0.37 per common share, for the fourth quarter of 2007, compared to $40.4 million, or $0.38 per share, reported for the same period in 2006, a decline of 2.6%. The company also reported earnings of $2.07 per share...
NSTAR Offers Holiday Safety and Efficiency Tips
BOSTON -- 'Tis the season when thoughts turn to holiday decorating. NSTAR reminds customers to be safe and energy conscious this year, and offers the following holiday advice.
MIT Clean Energy Entrepreneurship Prize Established to Drive Innovative Ideas to Market; $200,000 Cash for Top Prize to Be Awarded by NSTAR and US DOE Based on Rigorous Competition.
Byline: Ewing Marion Kauffman Foundation Byline: Ewing Marion Kauffman Foundation
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 Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Chris Ellinghaus - Wall Street Access. Chris Ellinghaus - Wall Street Access Jim, I didn't recall you mentioning what the weather looked like or temperatures for the quarter? Jim Judge Cooling degree days were up 3.9% over the prior year...
NSTAR Reports Third Quarter 2007 Results
BOSTON -- NSTAR (NYSE: NST) today reported earnings of $84.2 million, or $0.79 per common share, for the third quarter of 2007, compared to $76.7 million, or $0.72 per share reported for the same period in 2006.
Fight Fall's Frosty Weather with Tips from NSTAR
BOSTON -- Fall's here, temperatures are dropping and the days are getting shorter. Before long, heating systems will soon be called back into action. To help customers prepare for the coming heating season, NSTAR has timely advice for keeping homes warm and energy efficient.
NSTAR Declares Common Share and Preferred Stock Dividends
BOSTON -- NSTAR (NYSE:NST) announced today that its Board of Trustees declared a quarterly dividend of $0.325 per common share. This is NSTAR's 474th consecutive dividend, payable November 1, 2007 to shareholders of record October 10, 2007.
NSTAR Commercial & Industrial Customers Get Significant Price Cut
BOSTON -- Fourth quarter electricity prices will soon be falling for some of the state's largest businesses after NSTAR secured contracts that are 17 percent lower than current rates. Under Massachusetts law, NSTAR buys electricity through a competitive bidding process on behalf of customers who receive their supply through the...
BHCC NSTAR Tech Prep Receives National Honor
To: EDUCATION EDITORSTo: EDUCATION EDITORS
NSTAR Reports 9.3% Increase in Second Quarter 2007 Results
BOSTON -- NSTAR (NYSE: NST) today reported earnings of $50.1 million, or $0.47 per common share, for the second quarter of 2007, compared to $45.7 million, or $0.43 per share reported for the same period in 2006.
NSTAR Goes Green: Unique Program Offers Renewable Option for Customers
Program directly tied to regional wind generation projects
WhiteFence Partners with NSTAR to Power Online Move Center
HOUSTON -- WhiteFence, the nation's leading online comparison-shopping marketplace for residential home services, today announced a strategic alliance with NSTAR, the utility company that delivers electricity and natural gas to 1.4 million customers in Massachusetts. Under the agreement, WhiteFence plans to develop and power an online move center that will...
NSTAR Announces Second Quarter 2007 Conference Call
BOSTON -- NSTAR (NYSE:NST) announced today that it is holding a conference call to discuss its second quarter 2007 financial results. The conference call will be held on Friday, July 27, 2007 at 9:00 a.m. Eastern Time. Earnings information will be released after market hours on Thursday, July 26, 2007.
NSTAR Electric Delivers Summer Price Decrease
BOSTON -- Just in time for the all-important summer electricity season, NSTAR Electric is announcing lower supply prices for its customers. If approved by the Massachusetts Department of Public Utilities, NSTAR's Basic Service rate for residential customers will drop by eight percent. The new rates would go into effect on...
NSTAR First Utility in the Nation to Offer Customers PowerCost Monitors™ to Track Energy Use
Easy-to-read device calculates electricity use in real time
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- Incorporated: 1886
- CEO: Mr. Thomas J. May
NSTAR is a holding company engaged through its subsidiaries in the energy delivery business serving about 1.4 million customers in Massachusetts, including about 1.1 million electric distribution customers in 81 areas and around 300,000 natural gas customers in 51 areas. As of Dec 31 2007, Co.'s reportable segments are the electric and natural gas utility operations. At 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.
Key Competitors
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
NAICS Code
Electric Power Distribution: 221122
