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Alliant Energy Corp  (NASDAQ: LNT)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $60.7400 $-0.59 -0.962%
Day's High: $61.43 Week Perf: -1.32 %
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



 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


   

Stock Performances by Major Competitors

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Business Update

Alliant Energy Reports Strong Progress in Corporate Responsibility and Record Dividend Payouts,

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...

Alliant Energy Corp

Alliant Energy Corp's Earnings Plunge: $33 Million Tax Provisions Can't Mask the Stark Financial Reality

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.

Dividend

Alliant Energy Corporation Declares Quarterly Common Stock Dividend, Maintains Consistent Dividend Pay-out Amidst Increasing Ratios and Peer Competition

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...

Dividend

Alliant Energy Corporation: A Beacon of Stability in a Volatile Market

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...

Dividend

Alliant Energy Corporation Declares Dividend and Shows Strong Stock Performance

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...







Alliant Energy's Segments
Electric    91.4 % of total Revenue
Electric Retail - residential    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    1.92 % of total Revenue
IPL    51.33 % of total Revenue
IPL Electric    47.85 % of total Revenue
IPL Electric Retail - residential    18.48 % of total Revenue
IPL Electric Retail - commercial    14 % of total Revenue
IPL Electric Retail - industrial    12.99 % of total Revenue
IPL Electric Wholesale    1.74 % of total Revenue
IPL Electric Other    0.64 % of total Revenue
IPL Gas    2.47 % of total Revenue
IPL Gas Retail - residential    1.19 % of total Revenue
IPL Gas Retail - commercial    0.64 % of total Revenue
IPL Gas Retail - industrial    0.09 % of total Revenue
IPL Gas Other    0.55 % of total Revenue
IPL Other Utility    1.01 % of total Revenue
IPL Other Utility Steam    0.82 % of total Revenue
IPL Other Utility Other    0.18 % of total Revenue
WPL    45.65 % of total Revenue
WPL Electric    43.55 % of total Revenue
WPL Electric Retail - residential    16.1 % of total Revenue
WPL Electric Retail - commercial    7.87 % of total Revenue
WPL Electric Retail - industrial    11.71 % of total Revenue
WPL Electric Wholesale    3.57 % of total Revenue
WPL Electric Other    4.3 % of total Revenue
WPL Gas    2.01 % of total Revenue
WPL Gas Retail - residential    1.01 % of total Revenue
WPL Gas Retail - commercial    0.55 % of total Revenue
WPL Gas Other    0.46 % of total Revenue
WPL Other Utility    0.09 % of total Revenue
WPL Other Utility Other    0.09 % of total Revenue
Electric IPL    47.85 % of total Revenue
Electric WPL    43.55 % of total Revenue
Gas IPL    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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