ALE
67.95 USD
+0.22%
Today
+0.30%
1D
Last seen at Wed, 25 Feb 2026 03:48:38 GMT+3
Market is closed
Sun
Closed
Mon
4:30 PM ~ 10:59 PM
Tue
4:30 PM ~ 10:59 PM
Wed
4:30 PM ~ 10:59 PM
Thu
4:30 PM ~ 10:59 PM
Fri
4:30 PM ~ 10:59 PM
Sat
Closed
Information
Name
ALLETE Inc Leveraged
Currency
USD
Standard Leverage
1X
Enhanced Leverage
3X
Overnight Fees Buy
-0.0194%
Overnight Fees Sell
0.0028%
Market Cap
3.94B
Avg Daily Volume
1.49M
52 Week High
67.99 USD
52 Week Low
62.38 USD
Trading Hours
See hours
Overnight Fees Calculator
| Daily Overnight Fee % | Daily Overnight Fee $ | |
|---|---|---|
| BUYS | -0.01940% | $(0.194) |
| SELLS | 0.00280% | $0.028 |
*Results displayed are estimates. Actual fees may differ from those shown as market conditions change.
Business Summary
ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in Minnesota; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. In addition, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Further, the company focuses on acquiring, developing, and operating clean and renewable energy projects; and owns, develops, and operates approximately 1,600 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota and real estate investment activities in Florida. It owns and operates 154 substations with a total capacity of 10,647 megavolt-amperes. The company serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Top News
Why Agree Realty, LCI Industries, And Allete Are Winners For Passive Income
finance.yahoo.com
10mo ago
How Hormel Foods, ALLETE, And Alliant Energy Can Put Cash In Your Pocket
finance.yahoo.com
11mo ago
Frequently Asked Questions
What are utilities in trading?
In trading, utilities refer to companies that provide essential public services like electricity, water, and natural gas. Utility stocks are traded as investments because they offer steady income and are considered relatively stable.
What are utilities in the stock market?
In the stock market, utilities are shares of companies that provide essential services such as electricity, water, natural gas, and sewage. These stocks are known for stable dividends and lower volatility, making them popular for conservative investors.
What are the best utility stocks to buy?
Some of the best utility stocks to buy include NextEra Energy, Duke Energy, and Southern Company, known for their stable dividends and focus on renewable energy. These companies offer reliable income and growth potential as they invest in clean energy and modernize their infrastructure.
Is it safe to invest in utilities?
Yes, investing in utilities is generally considered safe because these companies provide essential services with steady demand and stable cash flows. However, like all investments, they carry some risks, such as regulatory changes and interest rate fluctuations.
