Welcome to our dedicated page for Alliant Energy news (Ticker: LNT), a resource for investors and traders seeking the latest updates and insights on Alliant Energy stock.
Alliant Energy Corp (LNT) delivers essential energy services through regulated utilities across the Midwest. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, regulatory milestones, and operational achievements.
Access authoritative information spanning earnings announcements, infrastructure investments, and sustainability initiatives. Our curated collection ensures efficient tracking of LNT's strategic direction within evolving energy markets.
Key content categories include quarterly financial results, rate case decisions, grid modernization projects, and environmental compliance updates. Each release maintains factual accuracy while contextualizing developments within the regulated utility framework.
Bookmark this page for direct access to primary source materials and analysis-free reporting. Combine regular visits with SEC filings for comprehensive understanding of Alliant Energy's market position.
Alliant Energy Corporation (NASDAQ: LNT) announced its intention to offer $500 million of convertible senior notes due 2026 in a private placement. An additional $75 million may also be purchased by initial purchasers. Proceeds will be used for general corporate purposes, including debt repayment and capital expenditures. The notes are unsecured and convertible under specific conditions. The offering will be available to qualified institutional buyers and is not registered under the Securities Act, meaning resale will be restricted. Forward-looking statements highlight potential risks including market conditions and closing conditions.
Alliant Energy Corporation (NASDAQ: LNT) reported a GAAP earnings per share (EPS) of $2.73 for 2022, up from $2.63 in 2021, reflecting a 6% growth. The company's adjusted EPS for the same period was $2.80, indicating consistent performance. The Utilities and Corporate Services segment contributed $2.74 to GAAP EPS, driven by revenue requirements and capital investments. However, the Non-utility and Parent operations saw a loss of $(0.13) per share due to increased financing expenses. Alliant Energy affirmed its 2023 EPS guidance at $2.82 - $2.96, emphasizing its commitment to clean energy initiatives.
The Alliant Energy Corporation (NASDAQ: LNT) Board of Directors declared a quarterly cash dividend of $0.4525 per share, payable on February 15, 2023, to shareholders of record by the close of business on January 31, 2023. This marks the 309th consecutive quarter of dividend payments since 1946. Alliant Energy provides regulated energy services to 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin, emphasizing safe and efficient energy solutions. The company is included in the Nasdaq CRD Sustainability Index and Bloomberg’s 2020 Gender-Equality Index, bolstering its commitment to sustainability.
Alliant Energy Corporation (NASDAQ: LNT) has announced its year-end 2022 earnings release date for February 23, 2023, post-market close. A conference call to discuss the results will occur on February 24, 2023, at 9 a.m. CT. The earnings call will be accessible via webcast on Alliant Energy's investor relations website. The company serves approximately 985,000 electric and 425,000 natural gas customers in Iowa and Wisconsin and is part of the Nasdaq CRD Sustainability Index and the S&P 500. For more details, visit their official website or social media channels.
Alliant Energy Corporation (NASDAQ: LNT) has appointed Lisa M. Barton as the new President and Chief Operating Officer, effective February 27, 2023. Ms. Barton, formerly the Executive Vice President and COO at American Electric Power, brings extensive industry experience and leadership skills. In her new role, she will collaborate with John O. Larsen to execute the company's growth strategy, focusing on sustainability and enhancing customer experience. Barton's leadership is expected to strengthen Alliant Energy's commitment to delivering safe and affordable clean energy to its communities across Iowa and Wisconsin.
Alliant Energy Corporation (NASDAQ: LNT) has appointed Stephanie Cox as an independent director, effective February 11, 2023. She brings over 30 years of energy sector experience, having previously served at John Wood Group PLC and Schlumberger Limited. The appointment comes as Dean Oestreich retires from the Board. Alliant Energy aims to leverage Cox's expertise in P&L management, risk management, and corporate ESG initiatives to boost its Clean Energy Blueprint and enhance service reliability for its customers across the Midwest. The Board will now include nine independent directors, with 50% being women.
Alliant Energy Corporation (NASDAQ: LNT) updates its earnings guidance for 2022, increasing it to $2.76 - $2.83 per share and providing a 2023 range of $2.82 - $2.96. The company also anticipates a 6% increase in its annual common stock dividend target, now set at $1.81 per share. Capital expenditure projections for 2023-2026 have risen to $8.5 billion. The company's operations showed a GAAP EPS of $0.90 for Q3 2022, down from $1.02 in Q3 2021, primarily due to higher interest and income tax expenses.
Alliant Energy has announced a $4 million donation to its Hometown Care Energy Fund, aimed at assisting financially struggling customers with their energy bills. Customers may apply for up to $500 annually to help manage their energy costs. In collaboration with nonprofit organizations, the funds will be distributed across Iowa and Wisconsin, supporting eligible customers. The initiative seeks to aid those in need while encouraging community contributions. Additionally, Alliant Energy promotes the Low-Income Home Energy Assistance Program (LIHEAP) for further financial support.
FAQ
What is the current stock price of Alliant Energy (LNT)?
What is the market cap of Alliant Energy (LNT)?
