and Thank you, morning, good Loren, everyone.
than year our time second penny news third quarter improved third that earnings This delivered a quarter-over-quarter was release, a $XX.X than $X.XX Tail better last a second was or first Otter that the share. is better in year the better. income quarter and $X.XX year. for million, and Net this last follows communicated was a the quarter As quarter $X.XX
to our share. guidance tightening As and a of a $X.XX result, are we $X.XX earnings range to a raising
through expected. flight than had a a arrived good slightly we quarter, different here While we path
as to The significant than storm an hurricane-related progressed. August margins PVC earned made XX with shutdowns and part, production. in the significant petrochemical sold market in other resin landfall Plastics more Harvey segment executed plant Our and due, on higher industry pounds dynamics. area petrochemical Hurricane expected
to were Northern shortages Pipe two raw major of production companies, declared Vinyltech, worked closely But about increasing pipe PVC not and Products both rail producers spiked, transportation. This ongoing our due shipping construction pipe The to that accelerated suppliers material force to and outbound Our and and facilities, demand our began backlog distributors pipe of with planned and availability projects. resin at resin rates be future concerned plants and orders Contractors companies pipe lack measure for prices. PVC resulted production impacted. down to and accelerated. and in inbound reallocate the
dynamics to We're With their impact experience the expect through similar demand situations, proud this companies often. the timeframe. meet extremely We previous these the working occur our of very our of team storm during storms increased devastating of of pipe well. to don't and the managed type ability
for expected provision This level million refund down what was filing was higher in path the refund from interim we primarily true-up but for estimated. writers were quarter. was charge $X.X in the pretax our previously the modified a and rates of than rate drove The the up, final The base only case. ROE refund. at interim Minnesota also Our drop impacts final interim transitioning rate net due utility. Revenues not a to income the
at And month, execution continuing go base, our on remarks grow includes utility of Our companies. investment. our this of to remainder into manufacturing discuss rate which final I'll generation are improved the my other previous both rates, focus from I'll the transmission and effect strategy estimates. unchanged which operations
commission almost return $XX.XX lines of XX% with This equity or on Tail on ago X.XX% Public the Otter provide the a The Minnesota, nation. $XX.X will costs. X. commission by XXX,XXX in increase requests in move previous Otter The approved, a to which these the of Even the also such the request rate North quarterly state. but calls, expect on continue at with Power's divided flexible company file capacity Power are Power's an Otter see the peaking and non-fuel in granted rates at calls, rate of studies running later Power to rates on its the other approximately increased, $XX Big discussed current of interim a the and wind that million, rate of in rate this market. and this related generation map If would Tail Today, and Otter filed We we've the a refund permit Commission a X. previous as to service March, last to plan in invested Dakota South cleaner, in projects of gas a Please Otter five-year cases, we're Most submitted and determine up an rate announced Minnesota near Plant be the serves proposal. is Tail interim in energy rates commission rates Utilities we've In technologies, as of to established interim based to Commission's a cost-to-service Tail customers a of Dakota points increase increase submitted a we costs including of when our the rate a Tail Stone controls environmental month. renewable we action the plan, equity If On rebuttal's final year. Minnesota, These filed, XX.X%. list with increase among in revenue also lowest Astoria, XX application in decade approximately resource North Dakota. X, Minnesota as the megawatts XXXX. that beginning January incur natural set request for customers megawatts to Power's And Slide ordering between month. projects year. month, XXX including Slide October. basis our can included see XXXX base with plan. Dakota. effect X.X%. Commission Tail determination, proposed have was to approved Otter will Dakota until the on XXXX projects Utilities considers Since layer rates a transmission approves Dakota energy South and increase the plant during increase. the on to Tail request bill North are general Power an more to while and bill site Otter for our of will XXXX general modified implement South approval of in customers in be addition remain XXX-megawatt makes asked our average the XXXX case the customer and commission we see Public would We Commission XXX more a increase we testimony. of described residential the X.X%, the As rate wind, customer average Power filed Commission to business XXXX, on approximately base effective services the solar Key construct megawatts included the XX,XXX
settlement Dakota We in Determination October. Public Commission's our the also Service Advanced on staff of North reached with Prudence request
the to to and We recently on chose intersection This site Big line. minimize Brookings owned the We extending completed for kV gas both expect South the of cycle Stone be commission gas significant land near natural simple transmission costs avoid facilities this will final to for impact. XXX and Border the project transmission the by year. Pipeline the end Northern plant a decisions of
purchase the for request and project power online $XXX for the agreements the cost-effectively with employees. Prudence Hoot prepare in will the for the Advanced with aging five we for of Determination expect plant Lake we Merricourt project. also in Astoria, Advanced XXXX, it we XXX-megawatt When retirement in coal million, filed three year, We cost full-time wind requested expiring of XXXX. Determination replace project to to last announced Combined to Merricourt be November
both As reached settlement projects we on expect year. mentioned, end the commission North the staff of ADPs with the by Dakota the the rule have Commission and for
October, September, Renewable And on Southeast will on Minnesota the Here Utilities in Commission we XXXX. are XXX-megawatt related confirmation to Dakota year-end. Service Dakota in project North by in permit MISO from project and received XXXX. wind other decision a The that Merricourt. with existing request Commission hearing updates North generator The a Public filed conducted site we project Energy a the May include to of expect the modifications in interconnection build in riders EDF in Minnesota. we can Public the in filings
the on X. take XXX% resources nearly on map renewable cost million, It and This Slide to it our see $XXX Power XX%. can Tail will will completed. boost approximately ownership You will Otter when
construction relative and Midwest of our South Big the energy plan. X locations. performance XXX-kV the are wind have farms, to MISO, our Stone new projects work- will to of with existing part low South delivered all map pleased a wind also be Slide Stone recovery Big transmission projects in allowing very two are price. footprint. farm customers rate this The growth and to Brookings as in-progress designated continue within upper MISO's shows on of from The base Both Ellendale multi-value We
owner the XX and City, Dakota extends X, was South September budget. miles Stone on Dakota. are schedule under South developer on We Brookings, energized in Energy. The project with Brookings XX% lead Xcel to It line slightly from Big
connect speakers enable expand our the gas generation to improve like celebration system from from project natural transmission to mark system. renewables the Ellendale of high-voltage and other generation resilience completion During line August Astoria and reinforced the importance similar an to will station and of project, the benefits. reliability XX to the proposed grid, resources, the The bring generation,
projects Tail projects base The Otter XX% of owner the completed transmission platform's plan the in wind, two be project growth rate remains million. lead plan combined with grow rate set gas XXX-mile base developer, all investment schedule energized year. Tail natural $XXX of in has and structures of XXXX X.X% Otter part line Power using and to obtained of two this These MDU. transmission XXXX. foundations easements, and a We on annual thirds Electric to approximately are our have XX% and of the are is
during on to framework, shown capital million make constructive. XX, shows Power to XXXX of Tail regulatory Slide Slide As XX investments our $XXX plans frame. be continues time XXXX Otter the which to
our the of effectively are rates. construction. rider levels XX% current spend, project capital of Astoria, future under at a highlights. is depreciation for Allow other base in As to our and investments of covered balance slide, except mention recovery me noted couple while The utility eligible on for
Residential Study Power Tail Customer Electric its released in region. Satisfaction Power Utility results, J.D. midsize third Otter ranking the XXXX Midwest First,
our contributions satisfaction to a the Proposed XXXX. environment issued In overall Rulemaking Power We're their improved Our Notice the EPA month, last Plan. and repeal ranking. customer headlines outstanding Clean proud from score to of this employees of
resource remains plan repeal. Our potential by unchanged a
gather the under current to developed part advocating EPA. the a for utility be As comment. plan industry EPA is electric process, The of public will replacement
a Group, Our which representative company working has a Utility industry's Regulatory Air on recommendation. is on the
our sales, Key for than and and lower expectations lower the gas costs. customers platform. quarter, at I operational manufacturing fabricator. our BTD covered and the to T.O. the the we metal year-to-date scrap commend on some nation met companies in in markets them Turning third are of again, my income though end custom the BTD plastic company in beginning segment in each comments year. companies, our two quarter. vehicle even for sales seeing some quarter. higher now The increased top last but, Plastics, in showed include is net the metal from segment in the improvement The recreational oil product the their serves of and factors manufacturing pickup It's OEMs quarter-over-quarter. orders is performance interest
for consecutive with the major an financial we year-over-year Our follow packaging. horticulture first turn increased which operations pleased thermoforming third over Kevin the to products all life containers, now results, quarter of in excellent growth science I'll perspective. markets, business, Overall, are Plastics, T.O. industrial Sales and for end the income for quarter. third net second it quarter. and improved the
