Welcome to our dedicated page for Mge Energy news (Ticker: MGEE), a resource for investors and traders seeking the latest updates and insights on Mge Energy stock.
MGE Energy Inc (MGEE) delivers essential electric and natural gas services to Wisconsin communities through regulated utilities and strategic energy investments. This news hub provides investors and stakeholders with authoritative updates on the company's operational milestones, financial performance, and regulatory developments.
Track official press releases covering quarterly earnings, infrastructure projects, rate case approvals, and renewable energy initiatives. Our curated collection includes filings with regulatory agencies, partnership announcements, and strategic updates affecting MGEE's position in the utility sector.
Key focus areas include updates from MGEE's regulated electric and gas operations, transmission system enhancements, and progress toward sustainability goals. Users will find timely information on dividend declarations, capital investment plans, and energy mix optimization efforts.
Bookmark this page for direct access to primary source materials and filtered news streams that matter most to utility sector analysis. Check regularly for developments impacting MGEE's service reliability, regulatory compliance, and long-term growth strategy in evolving energy markets.
MGE Energy (Nasdaq: MGEE) has announced a 5.6% increase in its quarterly dividend to $0.4750 per share, raising the annualized dividend rate from $1.80 to $1.90 per share. The dividend will be payable on September 15, 2025, to shareholders of record as of September 1, 2025.
This marks a significant milestone for MGE Energy as it achieves 50 consecutive years of dividend increases. The company has maintained its tradition of paying cash dividends for more than 110 years, demonstrating its commitment to sustainable dividend growth and long-term value creation for shareholders.
MGE Energy (Nasdaq: MGEE) reported strong Q2 2025 financial results, with net income reaching $26.5 million, or $0.73 per share, up from $23.8 million ($0.66 per share) in Q2 2024. The company's performance was driven by rate base investment growth and favorable weather conditions.
Key operational highlights include the completion of two major projects: the Darien Solar Project (25 MW capacity) in March 2025 and the Paris Battery Energy Storage System (11 MW capacity) in June 2025. Electric residential sales saw a 5% increase due to warmer weather, while gas segment performance remained stable year-over-year.
For the first six months of 2025, MGE Energy achieved operating revenues of $378.4 million and net income of $68.1 million ($1.86 per share), showing significant growth compared to the same period in 2024.
MGE Energy (NASDAQ: MGEE) has announced its regular quarterly dividend of $0.45 per share on common stock. The dividend will be paid on June 15, 2025, to shareholders of record as of June 1, 2025. The company has demonstrated a strong track record of dividend payments, having increased its dividend annually for 49 consecutive years and maintained cash dividend payments for over 110 years.
MGE Energy (MGEE) has announced its participation in the upcoming 2025 AGA Financial Forum, scheduled for May 18, 2025. The company's management will deliver a presentation at the forum, which has been made available for viewing on MGE Energy's website. The AGA Financial Forum is a significant industry event where utility companies present their strategies and financial outlook to investors and analysts.
MGE Energy (NASDAQ: MGEE) reported strong first-quarter 2025 earnings with net income of $41.6 million, or $1.14 per share, up from $33.8 million ($0.93 per share) in Q1 2024. The company's performance was driven by rate base investment growth and weather impacts. Operating revenues increased to $219 million from $191.3 million year-over-year.
Key highlights include the completion of the Darien Solar Project in March 2025, where MGE owns 25 MW of solar capacity, contributing to the company's renewable generation portfolio. Gas retail sales showed remarkable growth of 19% in Q1 2025, while electric retail sales increased by 3%, benefiting from normalized weather conditions compared to the milder Q1 2024.
MGE Energy (MGEE) reported its Q4 and full-year 2024 financial results, with annual GAAP earnings of $120.6 million ($3.33 per share), up from $117.7 million ($3.25 per share) in 2023. Fourth-quarter earnings reached $22.0 million ($0.61 per share), compared to $20.1 million ($0.55 per share) in the previous year.
The company's growth was supported by increased electric investments in rate base, including the completion of the Paris solar project in December 2024. However, gas operations saw decreased demand, with both residential and commercial/industrial customers showing approximately 4% lower consumption in 2024, primarily attributed to warmer-than-normal weather conditions.
MGE Energy (MGEE) has announced its regular quarterly dividend of $0.45 per share on the company's common stock. The dividend will be payable on March 15, 2025, to shareholders of record as of March 1, 2025. The company has maintained a strong dividend history, having increased its dividend annually for 49 consecutive years and maintained cash dividend payments for more than 110 years.
MGE Energy (MGEE) reported Q3 2024 earnings of $40.9 million, or $1.13 per share, up from $37.9 million, or $1.05 per share, in Q3 2023. The company's electric net income increased by $3.9 million, driven by increased electric investments in rate base and lower fuel costs. Operating revenues rose to $168.5 million from $160.5 million year-over-year. Gas net income remained relatively stable compared to the previous year. For the six-month period, operating revenues decreased to $505.5 million from $525.8 million, while net income slightly increased to $98.5 million from $97.6 million.
MGE Energy (Nasdaq: MGEE) has declared a regular quarterly dividend of $0.45 per share on its outstanding common stock. The dividend is payable on December 15, 2024, to shareholders of record as of the close of business on December 1, 2024. This announcement continues the company's impressive track record of increasing dividends annually for the past 49 years and maintaining a consistent dividend payment history spanning over 110 years.
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