ALE
Allete, Inc.
Last Trade: 36.79%Change:
+0.52%Volume Analysis
Average Volume: 146415
Half Hour Run Rate: 11262
1 Minute Run Rate: 375
Run Rate Based: 146250
Current Volume: 103047
ALE is currently neutral.
P/E: 15.93
Market Cap: 1.255B
52 Week High: 37.87
52 Week Low: 29.99
Next Year EPS: 2.60
Twitter Updates: ALE
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ALE - Allete, Inc.
ALLETE, Inc. (ALLETE) provides energy services in the upper Midwest and has real estate holdings in Florida. It operates in two segments: Regulated Operations, and Investments and Other. Regulated Operations includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company (SWL&P), as well as its investment in American Transmission Company LLC (ATC), a Wisconsin-based regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Investments and Other is comprised primarily of BNI Coal, Ltd. (BNI Coal), its coal mining operations in North Dakota, and ALLETE Properties, its Florida real estate business. During the year ended December 31, 2008, the Company's municipal customers represented 8 % of total regulated utility kilowatt-hour sales. Its municipal customers consist of 16 municipalities in Minnesota and one private utility in Wisconsin.
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