Stock info Allete | Filter  Basic-Info

Allete

The past year was a good year for Allete investors

Over the period from December 2015 till December 2016 the stock gained around 28 percent. Over the past 5 years the stock rose a massive 58,67 percent. Allete's revenues between 2011 and 2015 were very volatile through the time and moved between 961,2 million dollars and 1,49 billion dollars. Allete's net incomes between 2011 and 2015 were very volatile and moved between 93,6 million dollars and 141,5 million dollars.

The company's head quarter is located in Duluth. Allete's core business is the energy sector. Mr. Alan R. Hodnik is the CEO of the company. Mr. Steven Q. DeVinck is as CFO financially responsible for the company. The global energy companies gained over the past 10 years on average 16 percent. Measured since 2011 the sector is 6 percent higher and over the past 12 months (December 2015-December 2016) there is a minus of 16 percent.

The American company paid out dividends in the past 5 years. Over the past 5 years Allete's dividend yield was at around 9,5 percent per year.

Allete' balance mostly financed with equity

At the end of 2015 the energy company's balance sheet was worth 4,91 billion dollars. Of the total balance sheet 3,09 billion dollars (62,91 percent) was financed by debt. Last year the energy company's price/earnings-ratio (PE) was around 15. So the investors valued the stock at 15 times 2015' earnings per share. Based on the classical stock valuation theories the American stock can be seen as a value stock.

At the end of 2015 the market capitalization (the number of shares outstanding multiplied by the stock price) of the energy company equaled around 2,42 billion dollars. At the end of 2015 the American company had around 48,3 million stocks listed.

All Allete's financial reports are available here. More information about Allete can be found it's website. .