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ALLETE Inc (ALE.N)

ALE.N on New York Stock Exchange

75.04USD
22 Jan 2019
Change (% chg)

$-0.24 (-0.32%)
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Latest Key Developments (Source: Significant Developments)

ALLETE Inc - Entered Into An Amended And Restated $400 Mln Credit
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - ALLETE Inc ::ALLETE INC - ENTERED INTO AN AMENDED AND RESTATED $400 MILLION CREDIT AGREEMENT WITH JPMORGAN CHASE BANK, N.A. - SEC FILING.ALLETE INC - CREDIT AGREEMENT IS UNSECURED & HAS A MATURITY DATE OF JANUARY 10, 2024.ALLETE INC - CREDIT AGREEMENT AMENDS AND RESTATES ALLETE'S $400 MILLION CREDIT FACILITY DATED AS OF NOVEMBER 4, 2013.  Full Article

Allete Signs Partnership With Tenaska's Unit For A Wind Energy Facility
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - ALLETE Inc ::ALLETE INC - ENTERED INTO AN EQUITY PARTNERSHIP WITH UNIT OF TENASKA INC FOR A 250* MW NOBLES 2 WIND ENERGY FACILITY - SEC FILING.ALLETE INC - ESTIMATED PROJECT COST OF APPROXIMATELY $350 MILLION TO $400 MILLION..ALLETE INC - UNIT WILL OWN A 49 PERCENT MINORITY EQUITY INVESTMENT IN NOBLES 2 POWER PARTNERS LLC.ALLETE INC - THE WIND ENERGY FACILITY IS EXPECTED TO BE COMPLETED IN OCTOBER 2020.  Full Article

Allete Inc Quarterly Earnings Per Share $0.59
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - ALLETE Inc ::ALLETE INC QUARTERLY EARNINGS PER SHARE $0.59.ALLETE INC QUARTERLY TOTAL OPERATING REVENUE $348.0 MILLION VERSUS $362.5 MILLION.ALLETE INC SAYS CAPITAL EXPENDITURES FOR 2018 AND 2019 ARE EXPECTED TO BE APPROXIMATELY $350 MILLION AND $470 MILLION, RESPECTIVELY.ALLETE INC SAYS ON TRACK TO DELIVER FULL-YEAR FINANCIAL RESULTS THAT NEAR MID-POINT OF ORIGINAL 2018 EPS GUIDANCE RANGE OF $3.20 TO $3.50.  Full Article

Allete Inc Reports Q2 Results, Reaffirms FY Guidance
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - ALLETE Inc ::ALLETE, INC. REPORTS SECOND QUARTER 2018 EARNINGS; REAFFIRMS EARNINGS GUIDANCE.SEES FY 2018 EARNINGS PER SHARE $3.20 TO $3.50.Q2 EARNINGS PER SHARE $0.61.REMAIN CONFIDENT IN OUR FULL YEAR 2018 EARNINGS GUIDANCE RANGE OF $3.20 TO $3.50 PER SHARE.QTRLY TOTAL OPERATING REVENUE $344.1 MILLION VERSUS $353.3 MILLION.  Full Article

Allete Inc reports Q3 earnings per share of $0.88
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Allete Inc :Allete Inc reports third quarter results; reaffirms 2017 earnings guidance.Sees FY 2017 earnings per share $3.15 to $3.40 excluding items.Q3 earnings per share $0.88.Q3 revenue $362.5 million.Q3 earnings per share view $0.94 -- Thomson Reuters I/B/E/S.Allete Inc - ‍remain on track to meet full-year earnings targets​.Allete-Sees 2017 EPS of $3.15 to $3.40 , excluding impact of MPUC's modification of Nov 2016 order on allocation of north Dakota investment tax credits​.FY2017 earnings per share view $3.36 -- Thomson Reuters I/B/E/S.  Full Article

Allete board declares quarterly dividend of 53.5 cents per share
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Allete Inc -:Allete board of directors declares dividend on common stock.Allete Inc - ‍board of directors has declared a quarterly dividend of 53.5 cents per share of common stock​.  Full Article

Minnesota Power to request addition of 250 megawatts of wind power capacity
Wednesday, 7 Jun 2017 

June 7 (Reuters) - Minnesota Power::In an upcoming filing with Minnesota Public Utilities Commission, co will request addition of 250 megawatts of wind power capacity.  Full Article

ALLETE reports 2016 earnings of $3.14 per share
Wednesday, 15 Feb 2017 

ALLETE Inc : Reports 2016 earnings of $3.14 per share . Qtrly operating revenue $341.5 million versus $380.6 million . Qtrly earnings per share $0.89 .Q4 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.  Full Article