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ALLETE Inc (ALE.N)

ALE.N on New York Stock Exchange

80.76USD
10 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Allete Clean Energy, Xcel Energy sign new contracts for existing Southern Minnesota wind site
Monday, 3 Dec 2018 04:15pm EST 

Dec 3 (Reuters) - ALLETE Inc ::ALLETE CLEAN ENERGY, XCEL ENERGY SIGN NEW CONTRACTS FOR EXISTING SOUTHERN MINNESOTA WIND SITE.ALLETE CLEAN ENERGY - 5-YEAR AGREEMENTS EXTEND SITE'S SALES TO XCEL ENERGY CUSTOMERS.  Full Article

Montana-Dakota Utilities Signs Agreement To Purchase North Dakota Wind Farm Expansion
Thursday, 1 Mar 2018 08:30am EST 

March 1 (Reuters) - Mdu Resources Group Inc ::MONTANA-DAKOTA UTILITIES SIGNS AGREEMENT TO PURCHASE NORTH DAKOTA WIND FARM EXPANSION.MONTANA-DAKOTA UTILITIES CO SAYS PROJECT'S COST IS ABOUT $85 MILLION AND IS EXPECTED TO BE ONLINE IN LATE 2018​.  Full Article

Allete Clean Energy To Sell Phase II Of Thunder Spirit Wind Farm To Montana-Dakota Utilities
Thursday, 1 Mar 2018 08:30am EST 

March 1 (Reuters) - Allete Inc ::PRESS RELEASE - ALLETE CLEAN ENERGY TO SELL PHASE II OF THUNDER SPIRIT WIND FARM TO MONTANA-DAKOTA UTILITIES.ALLETE CLEAN ENERGY TO SELL PHASE II OF THUNDER SPIRIT WIND FARM TO MONTANA-DAKOTA UTILITIES.ALLETE INC - ABOUT $85 MILLION SALE EXPECTED TO CLOSE WHEN ALLETE CLEAN ENERGY'S DEVELOPMENT OF SITE, SCHEDULED TO BEGIN IN MAY 2018, IS COMPLETE​.  Full Article

Allete Sees FY 2018 EPS of $3.20 To $3.50
Thursday, 15 Feb 2018 06:32am EST 

Feb 15 (Reuters) - Allete Inc ::SEES FY 2018 EARNINGS PER SHARE $3.20 TO $3.50.ALLETE SAYS 2018 EARNINGS GUIDANCE INCLUDES ABOUT $0.10/SHARE OF ANTICIPATED BENEFIT FROM U.S. TAX REFORM - SEC FILING.  Full Article

Allete Reports Qtrly Earnings Per Share $0.81
Thursday, 15 Feb 2018 06:30am EST 

Feb 15 (Reuters) - Allete Inc ::ALLETE, INC. REPORTS 2017 EARNINGS OF $3.38 PER SHARE; INITIATES 2018 EARNINGS GUIDANCE; EXPECTS SIGNIFICANT GROWTH FROM NON-REGULATED BUSINESSES.SEES FY 2018 EARNINGS PER SHARE $3.20 TO $3.50.QTRLY EARNINGS PER SHARE $0.81.QTRLY TOTAL OPERATING REVENUE $337.9 MILLION VERSUS $341.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.73 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.52 -- THOMSON REUTERS I/B/E/S.  Full Article

Allete Board Raises Quarterly Common Stock Dividend And Long-Term Growth Outlook
Wednesday, 24 Jan 2018 06:30am EST 

Jan 24 (Reuters) - Allete Inc ::ALLETE BOARD OF DIRECTORS RAISES QUARTERLY COMMON STOCK DIVIDEND AND LONG-TERM GROWTH OUTLOOK.ALLETE INC - INCREASED QUARTERLY DIVIDEND ON COMPANY'S COMMON STOCK TO 56 CENTS PER SHARE, AN INCREASE OF 4.7 PERCENT.ALLETE INC - UPWARD REVISING STATED ANNUAL AVERAGE LONG-TERM EARNINGS GROWTH OUTLOOK FROM A 'MINIMUM OF 5 PERCENT' TO A 'RANGE OF 5-7 PERCENT.  Full Article

Allete Inc reports Q3 earnings per share of $0.88
Wednesday, 1 Nov 2017 06:30am EDT 

Nov 1 (Reuters) - Allete Inc :Allete Inc reports third quarter results; reaffirms 2017 earnings guidance.Sees FY 2017 earnings per share $3.15 to $3.40 excluding items.Q3 earnings per share $0.88.Q3 revenue $362.5 million.Q3 earnings per share view $0.94 -- Thomson Reuters I/B/E/S.Allete Inc - ‍remain on track to meet full-year earnings targets​.Allete-Sees 2017 EPS of $3.15 to $3.40 , excluding impact of MPUC's modification of Nov 2016 order on allocation of north Dakota investment tax credits​.FY2017 earnings per share view $3.36 -- Thomson Reuters I/B/E/S.  Full Article

Allete board declares quarterly dividend of 53.5 cents per share
Wednesday, 25 Oct 2017 06:30am EDT 

Oct 25 (Reuters) - Allete Inc -:Allete board of directors declares dividend on common stock.Allete Inc - ‍board of directors has declared a quarterly dividend of 53.5 cents per share of common stock​.  Full Article

U.S. Water expands integrated offerings and applications
Friday, 8 Sep 2017 07:30am EDT 

Sept 8 (Reuters) - Allete Inc ::U.S. Water expands its integrated offerings and applications with acquisition.‍U.S. Water Services Inc -acquisition of Tonka Water will allow U.S. Water to expand its integrated water treatment equipment offerings, applications​.  Full Article

Allete subsidiary U.S. Water acquires Tonka Water
Friday, 8 Sep 2017 06:30am EDT 

Sept 8 (Reuters) - Allete Inc :Allete subsidiary U.S. Water acquires Tonka Water, a minnesota-based supplier of water treatment systems.  Full Article