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Alliant Energy Corp (NASDAQ: LNT) |
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Price: $60.7400
$-0.59 
-0.962%
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| Day's High:
| $61.43
| Week Perf:
| -1.32 %
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| Day's Low: |
$ 60.35 |
30 Day Perf: |
-3.56 % |
| Volume (M): |
1,329 |
52 Wk High: |
$ 66.54 |
| Volume (M$): |
$ 80,693 |
52 Wk Avg: |
$57.95 |
| Open: |
$61.43 |
52 Wk Low: |
$49.05 |
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| Market Capitalization (Millions $) |
15,580 |
| Shares
Outstanding (Millions) |
257 |
| Employees |
3,281 |
| Revenues (TTM) (Millions $) |
3,981 |
| Net Income (TTM) (Millions $) |
690 |
| Cash Flow (TTM) (Millions $) |
18 |
| Capital Exp. (TTM) (Millions $) |
2,249 |
Alliant Energy Corp
Alliant Energy Corporation is a publicly-traded energy company headquartered in Madison, Wisconsin, that provides utility services to over 1 million customers in Iowa and Wisconsin, with some operations extending into Minnesota. Known for its extensive portfolio, Alliant Energy operates various energy generation facilities, natural gas distribution systems, and renewable energy sources.
Historical Background
Founded in 1917 as the Iowa Railway and Light Corporation, the company underwent multiple rebranding phases, ultimately becoming Alliant Energy Corporation in 1998. With a workforce of approximately 4,000 employees, the company has built a robust infrastructure supporting its energy services.
Utility Operations
Alliant Energy's electric utility subsidiaries include:
- Interstate Power and Light Company (IPL): Serving customers predominantly in Iowa.
- Wisconsin Power and Light Company: Catering to customers across Wisconsin.
Additionally, Alliant Energy has a natural gas utility subsidiary named Alliant Energy Resources, which provides natural gas service to over 400,000 customers in Iowa and Wisconsin.
Renewable Energy Initiatives
Alliant Energy has positioned itself as a leader in renewable energy development, primarily through its significant investment in wind and solar energy. The company boasts:
- Wind Generation Capacity: Approximately 1,500 megawatts, making it one of the largest wind energy developers in the Midwest.
- Solar Power Goals: Plans to enhance its solar generation capabilities, aiming for the addition of 1,000 megawatts of solar power to its portfolio.
Sustainability Commitment
The company is committed to environmental stewardship, setting ambitious sustainability goals, including:
- Reducing Carbon Emissions: A target to lower carbon dioxide emissions by 50% by the year 2030, using 2005 levels as a baseline.
- Energy Efficiency Programs: Implementing programs aimed at helping customers enhance their energy efficiency, thereby reducing consumption and lowering their utility bills.
Conclusion
Overall, Alliant Energy Corporation is recognized for its diverse range of utility services, strong commitment to renewable energy, and dedication to sustainability. It plays a crucial role in the energy landscape of the Midwest, focusing not only on meeting current energy demands but also on paving the way for a sustainable energy future.
Company Address: 4902 N. Biltmore Lane Madison 53718 WI
Company Phone Number: 458-3311 Stock Exchange / Ticker: NASDAQ LNT
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| Business Update
Published Thu, Oct 31 2024 3:47 PM UTC
Alliant Energy Makes Strides in Corporate Responsibility and Dividend Performance Amidst ESG Commitments MADISON, Wis. Alliant Energy Corporation (NASDAQ: LNT) has released its latest Corporate Responsibility Report (CRR), showcasing the company s commitments and progress in environmental, social, and governance (ESG) initiatives. The report underscores Alliant s dedicatio...
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| Alliant Energy Corp
Alliant Energy Corp Reports Significant Earnings Decline Amidst Industry Growth
Madison, Wis. ? Alliant Energy Corporation (NASDAQ: LNT) has disclosed a substantial decline in its financial performance for the most recent fiscal period, reporting a 46.88% drop in earnings per share (EPS) to $0.34, and a 2.27% decrease in revenue to $904 million compared to the same period last year. This downturn comes as a stark contrast to the broader Electric Utilities industry, which has experienced overall revenue growth during the same timeframe.
In a year-over-year analysis, Alliant Energy's net earnings plummeted by 45.63%, falling to $87 million from $160 million in the corresponding period. This decline is further exacerbated by a significant drop in operating income, which decreased 40.09% to $130 million. As a result, the company's operating margin suffered, shrinking to 14.38% from 23.46% in the previous quarter. The net margin also narrowed to 9.62%, indicating pressure on overall profitability.
The company?s challenges were compounded by a considerable decrease in both profit and revenue compared to the prior quarter. EPS fell sharply from $0.62, and revenue declined by 13.41% from $1.04 billion. Excluding $33 million in tax-related provisions, the core financial performance still reflected a notable downturn, illustrating the precarious state of Alliant Energy?s operations.
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| Dividend
Published Wed, Jul 17 2024 4:27 AM UTC
Alliant Energy Corporation (NASDAQ: LNT) has recently announced that its Board of Directors has declared a quarterly cash dividend of $0.48 per share. This dividend will be payable on August 15, 2024, to shareowners of record as of July 31, 2024. Alliant Energy has an impressive track record of paying dividends on common stock for 315 consecutive quarters since 194...
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| Dividend
Published Tue, Jul 16 2024 6:04 AM UTC
The Alliant Energy Corporation Continues 315-Quarter Dividend Streak Amidst Positive Stock Performance
In a recent press release, the Alliant Energy Corporation (NASDAQ: LNT) announced that its Board of Directors has declared a quarterly cash dividend of $0.48 per share, payable on August 15, 2024, to shareholders of record as of July 31, 2024. This dividend marks the 31...
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| Dividend
Published Mon, Jul 15 2024 7:45 AM UTC
Alliant Energy Corporation: Declares Quarterly Dividend and Shows Promising Stock Performance
The Alliant Energy Corporation recently announced the declaration of a quarterly cash dividend of $0.48 per share to be paid on August 15, 2024. This dividend payment marks the continuation of a long-standing track record, as dividends on common stock have been consistently paid...
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| Per Share |
Current |
| Earnings (TTM) |
2.69 $ |
| Revenues (TTM) |
15.52 $
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| Cash Flow (TTM) |
0.07 $ |
| Cash |
0.32 $
|
| Book Value |
27.31 $
|
| Dividend (TTM) |
1.92 $ |
|
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| Per Share |
|
| Earnings (TTM) |
2.69 $
|
| Revenues (TTM) |
15.52 $ |
| Cash Flow (TTM) |
0.07 $ |
| Cash |
0.32 $
|
| Book Value |
27.31 $ |
| Dividend (TTM) |
1.92 $ |
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| Electric |
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 91.4 % |
of total Revenue |
| Electric Retail - residential |
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34.58 % |
of total Revenue |
| Electric Retail - commercial |
|
21.87 % |
of total Revenue |
| Electric Retail - industrial |
|
24.7 % |
of total Revenue |
| Electric Wholesale |
|
5.31 % |
of total Revenue |
| Electric Other |
|
4.94 % |
of total Revenue |
| Gas |
|
4.48 % |
of total Revenue |
| Gas Retail - residential |
|
2.2 % |
of total Revenue |
| Gas Retail - commercial |
|
1.19 % |
of total Revenue |
| Gas Retail - industrial |
|
0.09 % |
of total Revenue |
| Gas Other |
|
1.01 % |
of total Revenue |
| Other Utility |
|
1.1 % |
of total Revenue |
| Other Utility Steam |
|
0.82 % |
of total Revenue |
| Other Utility Other |
|
0.27 % |
of total Revenue |
| Non-utility and Other |
|
1.92 % |
of total Revenue |
| Non-utility and Other Other |
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1.92 % |
of total Revenue |
| IPL |
|
51.33 % |
of total Revenue |
| IPL Electric |
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47.85 % |
of total Revenue |
| IPL Electric Retail - residential |
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18.48 % |
of total Revenue |
| IPL Electric Retail - commercial |
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14 % |
of total Revenue |
| IPL Electric Retail - industrial |
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12.99 % |
of total Revenue |
| IPL Electric Wholesale |
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1.74 % |
of total Revenue |
| IPL Electric Other |
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0.64 % |
of total Revenue |
| IPL Gas |
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2.47 % |
of total Revenue |
| IPL Gas Retail - residential |
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1.19 % |
of total Revenue |
| IPL Gas Retail - commercial |
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0.64 % |
of total Revenue |
| IPL Gas Retail - industrial |
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0.09 % |
of total Revenue |
| IPL Gas Other |
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0.55 % |
of total Revenue |
| IPL Other Utility |
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1.01 % |
of total Revenue |
| IPL Other Utility Steam |
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0.82 % |
of total Revenue |
| IPL Other Utility Other |
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0.18 % |
of total Revenue |
| WPL |
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45.65 % |
of total Revenue |
| WPL Electric |
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43.55 % |
of total Revenue |
| WPL Electric Retail - residential |
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16.1 % |
of total Revenue |
| WPL Electric Retail - commercial |
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7.87 % |
of total Revenue |
| WPL Electric Retail - industrial |
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11.71 % |
of total Revenue |
| WPL Electric Wholesale |
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3.57 % |
of total Revenue |
| WPL Electric Other |
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4.3 % |
of total Revenue |
| WPL Gas |
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2.01 % |
of total Revenue |
| WPL Gas Retail - residential |
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1.01 % |
of total Revenue |
| WPL Gas Retail - commercial |
|
0.55 % |
of total Revenue |
| WPL Gas Other |
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0.46 % |
of total Revenue |
| WPL Other Utility |
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0.09 % |
of total Revenue |
| WPL Other Utility Other |
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0.09 % |
of total Revenue |
| Electric IPL |
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47.85 % |
of total Revenue |
| Electric WPL |
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43.55 % |
of total Revenue |
| Gas IPL |
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2.47 % |
of total Revenue |
| Gas WPL |
|
2.01 % |
of total Revenue |
| Other Utility IPL |
|
1.01 % |
of total Revenue |
| Other Utility WPL |
|
0.09 % |
of total Revenue |
| Utility Business |
|
96.98 % |
of total Revenue |
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