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ALE - ALLETE, Inc.

Financial Summary of ALLETE, Inc.(ALE), ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLET

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ALLETE, Inc.

ALE

NYSE

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

59.72 USD

-0.24 (-0.402%)

About

ceo

Ms. Bethany M. Owen

sector

Utilities

industry

Diversified Utilities

website

https://www.allete.com

exchange

NYSE

Description

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illino...

CIK

0000066756

ISIN

US0185223007

CUSIP

018522300

Address

30 West Superior Street

Phone

218 279 5000

Country

US

Employee

1,513

IPO Date

May 3, 1973

Summary

CIK

0000066756

Exchange

NYSE

Industry

Diversified Utilitie...

Sector

Utilities

CUSIP

018522300

ISIN

US0185223007

Country

US

Price

59.72

Beta

0.75

Volume Avg.

285.98k

Market Cap

3.44B

Shares

-

52-Week

49.29-63.71

DCF

66.57

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

13.89

P/B

-

Website

https://www.allete.com

Historical Prices

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Financial Statement

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Earnings

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