MGE Energy Reports Fourth-Quarter and Full-Year 2024 Earnings
MGE Energy Inc. (MGEE)
US:NASDAQ Investor Relations:
mgeenergy.com
Company Research
Source: Business Wire
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the fourth quarter and full year of 2024.MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the full year of 2024 were $120.6 million, or $3.33 per share, compared to $117.7 million, or $3.25 per share, for the same period in the prior year.MGE Energy's earnings for the fourth quarter of 2024 were $22.0 million, or 61 cents per share, compared to $20.1 million, or 55 cents per share, for the same period in the prior year.MGE continues to invest in new, cost-effective renewable generation, which is helping to fuel the company's asset growth. An increase in electric investments included in rate base contributed to increased electric earnings for 2024. The Paris solar project was completed in December 2024.During 2024, gas retail therm deliveries decreased approximately 4% compared to the prior year, primarily due to warmer-than-normal weather in 2024. Gas use
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News
- MGE to Add More Solar, Battery Storage and WindBusiness Wire
- What Is MGE Energy, Inc.'s (NASDAQ:MGEE) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
- MGE Energy (NASDAQ:MGEE) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- MGE Energy (NASDAQ:MGEE) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
- MGE Looks to Add More Solar and Battery Storage to Serve CustomersBusiness Wire
MGEE
Earnings
- 11/5/25 - Beat
MGEE
Sec Filings
- 12/8/25 - Form 4
- 12/8/25 - Form 4
- 10/17/25 - Form SCHEDULE
- MGEE's page on the SEC website