Company Reports

Ameren reported second-quarter operating earnings per share of $1.13, up from $1.01 in the same year-ago period, putting the company on track to meet our and management's expectations.

Ameren is a regulated utility operating in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. Illinois has been challenging, although management has proved adept at navigating regulatory challenges.

Ameren reported first-quarter operating earnings per share of $1.28, up from $1.07 in the same year-ago period, putting the company on track to meet our and management's full-year expectations.

The Midcontinent Independent System Operator, or MISO, recently released its updated Long-Term Load Forecasting Results, which included a large increase in its forecast driven by higher data center and manufacturing demand.

Ameren is a regulated utility operating in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. Illinois has been challenging, although management has proved adept at navigating regulatory challenges.

Ameren is a regulated utility operating in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. Illinois has been challenging, although management has proved adept at navigating regulatory challenges.

Ameren reported full-year operating earnings per share of $5.03, up from $4.63 in 2024. This was in line with our estimates and at the high end of management's guidance range.

Ameren reported third-quarter operating earnings per share of $2.17, up from $1.87 in the year-ago quarter.

Ameren is a regulated utility operating in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. Illinois has been challenging, although management has proved adept at navigating regulatory challenges.

Ameren reported second-quarter operating earnings per share of $1.01, up from $0.97 in the same year-ago quarter, putting the company on track to meet our and management's full-year guidance.

Ameren is a regulated utility operating in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. However, Illinois has proven to be challenging, although management has proven adept at navigating regulatory challenges.

Ameren reported first-quarter operating earnings per share of $1.07, up from $1.02 in the same year-ago quarter, putting the company on track to meet our outlook and management's full-year guidance.

Utilities have limited direct exposure to the tariffs announced by the Trump administration, but falling energy demand or regulatory pushback to utilities' investment plans could slow earnings growth if economic conditions deteriorate.

Ameren is a regulated utility that operates in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. Illinois has proven challenging, though management has proven to be adept at managing through regulatory challenges.

Ameren reported 2024 operating earnings per share of $4.63, up from $4.38 in 2023 and in line with our expectations. Ameren recently increased the dividend 6%.

Ameren is a regulated utility that operates in Illinois and Missouri. Improving regulation in Missouri has created significant investment opportunities. Illinois has proven challenging, though management has proven to be adept at managing through regulatory challenges.

Ameren is a regulated utility that operates in Illinois and Missouri, two historically challenging regulatory environments. Improving regulation in Missouri has created significant investment opportunities. However, Illinois has continued to be difficult, though management has proven to be adept at managing through regulatory challenges.

We are maintaining our $79 per share fair value estimate and narrow moat rating for Ameren after the company reported third-quarter operating earnings per share of $1.87, flat compared with the same year-ago period.

We reaffirm our fair value estimates and economic moat ratings for US utilities as we assess how they might be affected by renewed interest in nuclear power, particularly small modular reactors. This comes after Google and Amazon announced SMR partnerships this week.

We reaffirm our fair value estimates and economic moat ratings for US utilities as we assess potential partnerships between data centers and nuclear plants.