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MGE Energy, Inc. - MGEE STOCK NEWS

Welcome to our dedicated news page for MGE Energy (Ticker: MGEE), a resource for investors and traders seeking the latest updates and insights on MGE Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MGE Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MGE Energy's position in the market.

Rhea-AI Summary
MGE Energy, Inc. reports Q1 2023 GAAP earnings of $31.1 million, down from $34.4 million in Q1 2022. Warmer weather leads to a 14% decrease in gas retail sales and a 7% decrease in electric residential retail sales compared to the same period last year.
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MGE Energy, Inc.

Nasdaq:MGEE

MGEE Rankings

MGEE Stock Data

2.80B
36.09M
0.21%
52.99%
0.59%
Hydroelectric Power Generation
Utilities
Link
United States
Madison

About MGEE

mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco