M

MGE Energy
D

MGEE

94.020
USD
-0.41
(-0.43%)
Market Closed
Volume
0
EPS
2
Div Yield
1.86
P/E
29
Market Cap
3,404,231,877
OverviewSignalsIdeasNews
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News

Title: MGE Energy

Sector: Utilities
Industry: Utilities - Regulated Electric
MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings. MGE's generation mix is 40% coal, 21% renewable energy, 17% natural gas, and third-party purchased power.