Highlights

• GAAP earnings per share were $2.73 in 2022 compared to $2.63 in 2021

MGE Energy has reported financial results for the fourth quarter of 2022 and for the full year of 2022.

MGE Energy's earnings for the full year of 2022 were $111.0 million, or $3.07 per share, compared to $105.8 million, or $2.92 per share, for the same period in the prior year.

Xcel Energy has reported 2022 third quarter GAAP and ongoing earnings of $649 million, or $1.18 per share, compared with $609 million, or $1.13 per share in the same period in 2021.  Earnings reflect capital investment recovery and other regulatory outcomes, partially offset by higher depreciation, interest expense and operating and maintenance (O&M) expenses.

“Xcel Energy had a strong third quarter – both operationally and financially – which has allowed us to narrow our 2022 earnings guidance to $3.14 to $3.19 per share,” said Bob Frenzel, Chairman, President and CEO of Xcel Energy.

Alliant Energy has announced U.S. (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for the three months ended September 30.

Utilities and Corporate Services - Alliant Energy’s Utilities and Alliant Energy Corporate Services, Inc. (Corporate Services) operations generated $0.99 per share of GAAP EPS in the third quarter of 2022, which was $0.02 per share lower than the third quarter of 2021. The primary drivers of lower EPS were higher interest expense and timing of income tax expense.

WEC Energy Group has reported net income of $302.0 million, or 96 cents per share, for the third quarter of 2022 — up from $290.0 million, or 92 cents per share, in last year's third quarter.

For the first nine months of 2022, the company recorded net income of $1.16 billion, or $3.65 per share, up from $1.08 billion, or $3.40 per share, in the corresponding period a year ago.

Consolidated revenues totaled $7.0 billion for the first nine months of 2022, up $924.9 million over revenues for the first nine months of 2021.

MGE Energy has reported second-quarter earnings of $21.8 million.
The company had net income of sixty cents per share. It posted revenue of $152.3 million in the period.

Xcel Energy has reported 2022 first quarter GAAP and ongoing earnings of $380 million, or $0.70per share, compared with $362 million, or $0.67 per share in the same period in 2021.

Earnings reflect capital investment recovery and other regulatory outcomes, partially offset by higher depreciation, interest expense and operating and maintenance expenses.

WEC Energy Group has reported net income of $565.9 million, or $1.79 per share, for the first quarter of 2022, up from $510.1 million, or $1.61 per share, for last year's first quarter. Consolidated revenues totaled $2.9 billion, up $216.7 million from the first quarter a year ago.

"A colder than normal winter, a strong economy and the performance of our infrastructure segment were the major factors driving our first-quarter results," said Gale Klappa, Executive Chairman. "The year is off to a solid start as we continue to focus on the fundamentals of our business."

Alliant Energy Corporation has announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended March 31.

“We had a solid start to the year with more than 25 percent of our 2022 guidance midpoint coming in the first quarter, and we are reaffirming our 2022 guidance range of $2.67 to $2.81,” said John Larsen, Alliant Energy Chair, President and CEO. “We are also excited to share yet another major milestone in our purpose-driven clean energy transition, receiving verbal approval today for the remaining 414 megawatts of our nearly 1,100 megawatt proposed solar expansion in Wisconsin.”

WEC ENERGY GROUP RAISES QUARTERLY DIVIDEND BY 7.4 PERCENT
The Board of Directors of WEC Energy Group declared a quarterly cash dividend of 72.75 cents per share on the company's common stock, an increase of 7.4 percent over the current quarterly dividend of 67.75 cents per share. This raises the annual dividend rate to $2.91 per share. The higher dividend was paid on March 1, 2022, to stockholders of record on February 14, 2022. This marks the 318th consecutive quarter, dating back to 1942, that the company will have paid a dividend to its stockholders.

WEC ENERGY GROUP POSTS 2021 RESULTS
WEC Energy Group has reported net income of $1.3 billion, or $4.11 per share, for 2021. This compares to earnings of $1.2 billion, or $3.79 per share, for 2020 — a year-over-year increase of 8.4 percent. For the fourth quarter of 2021, WEC Energy Group recorded net income of $224.2 million, or 71 cents per share. This compares to earnings of $239 million, or 76 cents per share, for the fourth quarter of 2020. Consolidated revenues totaled $8.3 billion for 2021, up $1.1 billion compared to 2020 revenues.

XCEL ENERGY THIRD-QUARTER 2021 EARNINGS REPORTED
Xcel Energy has reported 2021 third-quarter GAAP and ongoing earnings of $609 million, or $1.13 per share, compared with $603 million, or $1.14 per share, in the same period in 2020. Earnings reflect higher electric and natural gas margins and lower operating and maintenance (O&M) expenses, which were offset by additional depreciation and lower allowance for funds used during construction.

Xcel Energy posted strong year-to-date results, and is narrowing its 2021 earnings guidance to $2.94 to $2.98 per share. It is also issuing an updated capital forecast of $26 billion for 2022 to 2026, which will provide significant benefits to customers, help the company achieve its system goals by 2050, and drive rate base growth of 6.5 percent. In addition, the company is initiating 2022 earnings guidance of $3.10 to $3.20 per share, which is consistent with long-term growth objectives.

Xcel Energy has reported 2020 second quarter GAAP and ongoing earnings of $287 million, or $0.54 per share, compared with $238 million, or $0.46 per share in the same period in 2019.

“Despite lower sales due to COVID-19, Xcel Energy achieved strong second quarter results primarily due to the positive impact of weather and cost management efforts. We are on track with our financial plan and are reaffirming our 2020 earnings guidance of $2.73 to $2.83 per share. However, we’ll continue to monitor and manage through the economic uncertainty of this pandemic,” said Ben Fowke, chairman and CEO of Xcel Energy.

The Board of Directors of WEC Energy Group has declared a quarterly cash dividend of 63.25 cents per share on the company’s common stock.
The dividend is payable September 1, 2020, to stockholders of record on August 14, 2020. This marks the 312th consecutive quarter, dating back to 1942, that the company will have paid a dividend to its stockholders.

The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) declared a quarterly dividend on its common stock of 43 cents per share. The dividends are payable July 20, 2020, to shareholders of record on June 15, 2020.

Due to COVID 19 and stay at home orders, the Public Utility companies will be hosting their stockholder Annual meetings virtually. Below is the list of companies, their meeting date, and how to attend. 

WEC Energy Group
WEC Energy Group (NYSE: WEC) will hold a virtual-only 2020 Annual Meeting on Wednesday, May 6, at 1:30 p.m. Central/2:30 p.m. Eastern time.  Sign Up

MGE Energy 2020 Annual Meeting Update 
This is an important update regarding our Annual Meeting on May 19, 2020, at 11 a.m. CST.
Since the printing of your proxy materials, we have modified the format of our Annual Meeting from an in-person meeting to a virtual meeting. Sign Up Online

WEC ENERGY GROUP RAISES QUARTERLY DIVIDEND
WEC Energy has declared a quarterly cash dividend of 63.25 cents per share on the company’s common stock, an increase of 7 percent over the current quarterly dividend of 59 cents a share. This raises the annual dividend rate to $2.53 a share.

The higher dividend is payable March 1, 2020, to stockholders of record on February 14, 2020. This marks the 310th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.

XCEL BOARD DECLARES DIVIDEND ON COMMON STOCK
The Board of Directors of Xcel Energy has declared a quarterly dividend on its common stock of 40.5 cents per share. The dividends were payable January 20, 2020, to shareholders of record on December 26, 2019.
Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.6 million electricity customers and 2.0 million natural gas customers through its regulated operating companies.