Allete, Inc. (ALE.N)
33.56USD
4:03pm EST
$0.57 (+1.73%)
$32.99
$33.27
$33.56
$32.98
259,600
180,673
$35.29
$23.35
ALE.N
About
Overall
| Beta: | 0.66 |
| Market Cap (Mil.): | $1,167.12 |
| Shares Outstanding (Mil.): | 34.89 |
| Annual Dividend: | 1.76 |
| Yield (%): | 5.26 |
Financials
| ALE.N | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 15.91 | 6.49 | 6.18 |
| EPS (TTM): | -25.15 | -- | -- |
| ROI: | 3.45 | 9.82 | 8.99 |
| ROE: | 7.72 | 10.60 | 9.92 |
US utilities post Q2 profits; cautious about recovery
(Reuters) - Utilities El Paso Electric Co , Allete Inc and Avista Corp reported strong second-quarter profits as lower costs helped offset the decline in electricity demand, but the companies remained guarded about their outlook for the remainder of 2009.
WRAPUP 1-US utilities post Q2 profits; cautious about recovery
* El Paso, PG&E, Avista shares down, Allete trading up
U.S. power use tumbling with recession
NEW YORK/HOUSTON (Reuters) - U.S. electricity demand will continue to shrink in 2009 as the economic meltdown hits industrial power consumption, but a rebound could come in 2010.
U.S. power use tumbling with recession
NEW YORK/HOUSTON (Reuters) - U.S. electricity demand will continue to shrink in 2009 as the economic meltdown hits industrial power consumption, but a rebound could come in 2010.
UPDATE 1-Delphi Financial sees strong 2009 profit, shares up
Feb 12 (Reuters) - Employee-insurance provider Delphi Financial Group Inc forecast 2009 operating earnings above analysts' estimates, sending shares up as much as 15 percent.
TEXT-S&P revises ALLETE outlook to negative
(The following statement was released by the rating agency)
Allete to buy power line to add wind, cut coal
NEW YORK (Reuters) - Allete Inc's Minnesota Power subsidiary agreed to buy a power transmission line from Square Butte Electric Co-op for about $80 million which will transport wind energy from the plains of North Dakota to Minnesota, the company said in a release Monday.
TEXT-Moody's release on Allete Inc
(The following statement was released by the rating agency)
UPDATE 1-Allete to buy power line, build wind to reduce CO2
NEW YORK, May 13 (Reuters) - Allete Inc's Minnesota Power subsidiary agreed to buy a power line in North Dakota, phase out a contract to buy coal-based electricity, and add hundreds of megawatts of wind to reduce its carbon emissions, the company said in a release Tuesday.
Allete to buy power line, build wind to reduce CO2
NEW YORK, May 13 (Reuters) - Allete Inc's Minnesota Power subsidiary proposed to buy a power line in North Dakota, phase out a contract to buy coal-based electricity and add hundreds of megawatts of wind to reduce its carbon emissions, the company said in a release Tuesday.
Competitors
| Price | Change | |
|---|---|---|
| United Utilities Group PLC (UU.L) | £494.40 | -1.60 |
| PPL Corporation (PPL.N) | $32.65 | +0.28 |
| Xcel Energy Inc. (XEL.N) | $21.59 | +0.29 |
| Mirant Corporation (MIR.N) | $15.44 | +0.17 |
| Wisconsin Energy Corporation (WEC.N) | $48.58 | +0.61 |
| Alliant Energy Corporation (LNT.N) | $30.48 | +0.38 |
| Pinnacle West Capital Corporation (PNW.N) | $37.13 | -0.07 |
| IDACORP, Inc. (IDA.N) | $31.69 | +0.58 |
| MGE Energy, Inc. (MGEE.OQ) | $36.02 | +0.25 |
Earnings vs 
Estimates
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