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Company Overview
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2021, IPL supplied electric and natural gas service to approximately 500,000 and 225,000 retail customers respectively; and WPL supplied electric and natural gas service to approximately 485,000 and 200,000 retail customers, respectively. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Oklahoma. The company was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Company Information
- CEO
- Lisa M. Barton
- Sector
- Utilities
- Industry
- Regulated Electric
- Employees
- 2998
Contact Information
- Address
- 4902 North Biltmore Lane
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 16.70B market capitalization
- Trading Volume: 1.85M shares traded today
- Price Range: 52-week range of $54.98 - $66.54
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Alliant Energy Corporation
Alliant Energy Corporation (LNT) operates in the Regulated Electric industry within the Utilities sector. With a current market capitalization of 16.70B, the company represents a significant player in its market. The stock is currently trading at $65.00 with a positivedaily change of 0.78%.
The company's 2998 employee base and presence on the NASDAQ Global Selectexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 22.41, beta of 0.56, and 52-week price range from $54.98 to $66.54when evaluating investment opportunities.
Why Invest in Alliant Energy Corporation?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Lisa M. Barton
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential