ALLETE, Inc. reports 2023 earnings of $4.30 per share; clean energy transition drives $4.3 billion capital investment plan over the next five years
Allete, Inc. (ALE)
Last allete, inc. earnings: 2/13 06:30 am
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US:NYSE Investor Relations:
investor.allete.com/investor-relations
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Source: Business Wire
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported 2023 earnings of $4.30 per share on net income of $247.1 million and operating revenue of $1.9 billion. Reported results from 2022 were $3.38 per share on net income of $189.3 million and operating revenue of $1.6 billion.“We are very pleased with our solid financial results in 2023 and our team’s execution of strategic initiatives that will drive strong earnings growth and investment in clean energy for years to come,” said ALLETE Chair, President, and Chief Executive Officer Bethany Owen. “ALLETE’s Sustainability in Action strategy is gaining momentum, with important regulatory decisions in 2024, that will further support Minnesota Power’s EnergyForward clean energy transformation.”Owen continued, “Our updated five-year capital expenditure plan of $4.3 billion reflects the tremendous growth opportunities at Minnesota Power. We’ve added approximately $1 billion to our previous plan, reflecting the significant
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News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALE, PRFT, CHX, HRTGlobeNewswire
- ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of ALLETE, Inc.PR Newswire
- STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of ALLETE, Inc. - ALEPR Newswire
- CPPIB, GIP to buy U.S. utility owner Allete for $3.9 billion [Financial Post (Toronto, Ontario, Canada)]Financial Post
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: ALLETE, Inc. (NYSE - ALE), Perficient, Inc. (Nasdaq - PRFT), AGBA Group Holding Limited (Nasdaq – AGBA), Hibbett, Inc. (Nasdaq – HIBB)GlobeNewswire
ALE
Earnings
- 2/20/24 - Miss
ALE
Sec Filings
- 5/6/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- 5/6/24 - Form 8-K
- ALE's page on the SEC website