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Allete, Inc.. Trade Record

NYSE:ALE Allete, Inc. stock gains 5.49% Exit Mar 19, 2019 a Trade Record by priceseries

Trade Chart
Trade Chart ALE Feb 14, 2019, priceSeries
About Allete, Inc.

ALLETE, Inc. operates as an energy company. The company operates through three segments: Regulated Operations, ALLETE Clean Energy, and U.S. Water Services. It generates electricity from coal-fired, natural gas-fired, biomass co-fired, hydroelectric, wind, solar, and other sources. The company provides regulated 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, as well as regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers and 16 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 535 MW of nameplate capacity wind energy generation that are under power sales agreements. Further, it offers integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage. Additionally, the company is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 165 substations with a total capacity of 8,396 megavolt amperes. It serves taconite mining, iron concentrate, paper, pulp and wood products, and pipeline industries. The company was founded in 1906 and is headquartered in Duluth, Minnesota.

Trade Information
Trade Type
LONG
ReliabilityScore™
94.33
Entry Date
Feb 14, 2019
Entry Price
76.86
Sell Date
Mar 19, 2019
Sell Price
81.09
Net Gain
5.49%
Hold Time
22 Trading Days