Welcome to our dedicated page for Mge Energy SEC filings (Ticker: MGEE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MGE Energy Inc. filings document the regulatory reporting of a Wisconsin public utility holding company and its principal utility subsidiary, Madison Gas and Electric. The record includes Form 8-K reports for earnings releases, Regulation FD financial presentations, material agreements, capital-market transactions, and officer and compensation matters.
Company filings also cover common-stock offering arrangements, forward sale agreements, at-the-market equity distribution programs, proxy governance, board matters, executive compensation, shareholder voting materials, and disclosure for electric and gas utility operations in Wisconsin.
MGE Energy (MGEE) reported solid year-over-year growth for the quarter ended 30 Jun 2025. Consolidated operating revenue rose 9.4% to $159.5 million, driven by higher electric sales (+7.4%) and gas sales (+19.2%). Operating income expanded 15.1% to $34.2 million as higher fuel and gas costs were more than offset by larger rate base and lower purchased-power expense. Net income attributable to common shareholders increased 11.4% to $26.5 million; diluted EPS improved to $0.72 from $0.66.
For the first six months, revenue advanced 12.3% to $378.4 million and net income climbed 18.2% to $68.1 million, lifting year-to-date EPS to $1.86 (vs $1.59). Operating cash flow edged up to $134.0 million; after $111.8 million in capital expenditures, free cash flow remained positive. The balance sheet shows equity of $1.27 billion against long-term debt of $761 million, maintaining a 62% equity capitalization. Cash declined to $10.6 million, partly reflecting higher dividends (+5.1% to $0.45 per share) and $111.8 million of capex linked to renewable and grid-modernization projects.
Regulatory: 2024-25 PSCW-approved rate increases of 1.5% (electric) and 2.4% (gas) are in effect; MGEE has filed for additional electric/gas hikes of 4.9% and 2.3% effective 2026 under a proposed 10.0% allowed ROE. No impairments were recorded for the planned 2029 retirement of Columbia Units 1-2. Management continues to defer variances in production-tax credits and fuel costs for future recovery.