Allete Inc.

Allete is an energy company. The company has three segments: Regulated Operations, which include its regulated utilities, Minnesota Power, and Superior Water, Light and Power Company, and its investment in American Transmission Company LLC; ALLETE Clean Energy, Inc., which focuses on developing, acquiring and operating renewable energy projects; and U.S. Water Services Holding Company, which provides integrated water management for industry by combining chemical, equipment, engineering and service. The company's Corporate and Other is comprised of BNI Energy, Inc., the company's coal mining operations in North Dakota, and ALLETE Properties, LLC, the company's real estate investment.
  • TickerALE
  • ISINUS0185223007
  • ExchangeNew York Stock Exchange
  • SectorElectricity
  • CountryUnited States

Analysts

ALLETE, Inc.: Update following downgrade

Our view of ALLETE, Inc. reflects its largely regulated business, a credit negative rate case outcome in 2018, and financial ratios that are appropriate for its credit quality.

ALLETE, INC.: Update following negative outlook

Our credit view of ALLETE, Inc. reflecting its credit profile.

ALLETE, Inc.: Minnesota Power's General Rate Case Outcome is Credit Negative

Allete subsidiary Minnesota Power's recent rate case outcome was credit negative and, along with tax reform, will challenge Allete's ability to maintain stable financial ratios.

ALLETE, INC.: A Regulated Energy Company

INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 30 March 2017 Update RATINGS ALLETE, Inc. Domicile United States Long Term Rating A3 Type LT Issuer Rating Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Lesley Ritter 212-553-1607 Analyst

Christopher Muir

ALLETE, Inc.

Christopher Muir

ALLETE, Inc.

Christopher Muir

ALLETE, Inc.

Christopher Muir

ALLETE, Inc.

Christopher Muir

ALLETE, Inc.

1 director sold

A director at Allete Inc sold 6,000 shares at 86.980USD and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ValuEngine Rating and Forecast Report for ALE

ALLETE Inc (ALE) - Power - Deals and Alliances Profile

Summary ALLETE, Inc. (ALLETE) is an energy company that operates varied businesses in the energy sector. It has interests in mining facilities; electricity generation, transmission, and distribution assets; and water management businesses. It provides energy in the upper Midwest in the US; and invests in transmission infrastructure and other energy-centric businesses. The company procures low-sulfur and sub-bituminous coal from the Powder River Basin region in Montana and Wyoming. Through long-term power purchase agreements, ALLETE purchases capacity and energy from various entities, includin...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

S&P 500 consolidating despite negative signals We remain cautious as there continues to be several new or persisting negative signals which tell us that upside is likely to be muted from here -- barring improvements. At the same time we are not seeing widespread breakdowns and the major averages are still consolidating within a 1-month horizontal range. As long as this consolidation continues, a neutral outlook is appropriate. • Sector Relative Strength Rankings & Weighting Recommendations. Defensives (Staples, Utilities, Real Estate) notched new YTD RS highs yet again over the past week. Th...

Shelley Moen

Vermilion Macro Vision: Utilities Sector Synopsis

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