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Investing in Allete, Inc. (ALE)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)n/a
Intrinsic value (DCF)0.00-100
Graham-Dodd Method85.1246
Graham Formula209.48259

Company description

ALLETE Inc. (ALE) is a publicly traded energy company based in Duluth, Minnesota. Founded in 1906, the company has grown to become a leading provider of electric and natural gas services, serving over 715,000 customers in the upper Midwest region. ALLETE's operations include the production, transmission, and distribution of energy through its subsidiaries such as Minnesota Power and Superior Water, Light, and Power. Additionally, the company has a presence in renewable energy with its wind farms in Minnesota and North Dakota. ALLETE is committed to sustainability, pursuing environmentally responsible practices and investing in clean energy sources. The company has a strong financial performance, reporting increasing revenues and earnings in recent years. With a dedicated and experienced team, ALLETE continues to strive for excellence in the energy sector, while also making an impact in the communities it serves.
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