Allete, Inc.

NYSE:ALE  
63.60
+0.57 (+0.90%)
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Market Cap (Intraday)3.34B
Current PE20.65
Forward PE 19.51
2yr Forward PE 16.39
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Estimates Current Quarter
Revenue$329.5 Million
Adjusted EPS$1.13
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10-Day MA$63.17
50-Day MA$63.61
200-Day MA$57.11
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ALLETE, Inc. Stock, NYSE:ALE

30 West Superior Street, Duluth, Minnesota 55802-2093
United States of America
Phone: +1.218.279.5000
Number of Employees: 1342

Description

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, U.S. Water Services, and Corporate and Other. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. The Corporate and Other segment consists of other business development and corporate expenditure of the firm. The company was founded in 1906 and is headquartered in Duluth, MN.