FMP
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.
65.45 USD
-0.04 (-0.06112%)
Ms. Bethany M. Owen
Utilities
Diversified Utilities
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 Illino...
0000066756
US0185223007
018522300
30 West Superior Street
218 279 5000
US
1,595
May 3, 1973
0000066756
NYSE
Diversified Utilitie...
Utilities
018522300
US0185223007
US
65.45
0.8
347.44k
3.79B
-
61.51-65.99
-32.95
-
-
-
-
21.11
-
https://www.allete.com
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Rayan Ahmad
Feb 13, 2025
ALLETE, Inc. (NYSE: ALE) is a diversified energy company based in Duluth, Minnesota. It operates in the energy sector, providing electricity and energy services primarily in the upper Midwest. The company is involved in regulated utilities, renewable energy, and infrastructure development. ALE competes with other energy providers in the region, focusing on sustainable and reliable energy solutions. On February 13, 2025, ALE reported earnings per share (EPS) of $0.87, missing the estimated $1.02...
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Alex Lavoie
Oct 31, 2024
ALLETE, Inc. (NYSE: ALE) is a diversified energy company based in Duluth, Minnesota. It operates in the energy sector, providing electricity and energy services across the United States. The company is involved in regulated utilities, renewable energy, and infrastructure development. ALE competes with other energy companies like Xcel Energy and NextEra Energy. On October 30, 2024, ALE reported its third-quarter earnings before the market opened. The company achieved an earnings per share (EPS) ...
Zacks Investment Research
May 14, 2024
AAGIY, ALE and ALNT have been added to the Zacks Rank #5 (Strong Sell) List on May 14, 2024.
Zacks Investment Research
May 7, 2024
ALE, ASGN and BRSP have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2024.
Zacks Investment Research
Apr 17, 2024
ASO, ALE and AMR have been added to the Zacks Rank #5 (Strong Sell) List on April 17, 2023.
Business Wire
Apr 12, 2024
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 9, 2024. Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M. Owen, and Senior Vice President and Chief Financial Officer Steven W. Morris will present an overview of results and discuss other factors related to performance during a conference call beginning at 10 a.m. Eastern time. Interested parties may.
Zacks Investment Research
Feb 20, 2024
Allete (ALE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.90 per share a year ago.