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Allete Inc (ALE)

NYSE
Currency in USD
Disclaimer
59.62
+0.80(+1.36%)
Closed
After Hours
59.64+0.02(+0.03%)
High dividend Yield
Fair Value
Unlock Value
Day's Range
58.7459.76
52 wk Range
49.2966.69
Prev. Close
58.82
Open
59.09
Day's Range
58.74-59.76
52 wk Range
49.29-66.69
Volume
265,203
Average Vol. (3m)
289,521
1-Year Change
-7.22%
Shares Outstanding
57,578,222
Fair Value
Unlock
Dividends Payment Streak
Unlock
Analysts
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
62.98
Upside +5.64%

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Allete Inc Company Profile

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. In addition, 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 150,000 retail customers and 14 non-affiliated municipal customers. Further, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Additionally, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,200 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. It owns and operates 162 substations with a total capacity of 9,980 megavolt amperes. The company 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.

Sector
Utilities
Employees
1537
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