Trade MGE Energy Inc - MGEE CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.17
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021485 %(-$1.07)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02149%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000738 %(-$0.04)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.00074%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021485 %
  (-$1.07)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000738 %
  (-$0.04)

Key Stats

• Prev. Close: 78.68
• Open: 78.77
• 1-Year Change: -13.48%
• Day's Range: 78.06 - 79.3

Trade MGE Energy Inc - MGEE CFD

About MGE Energy, Inc.

MGE Energy, Inc. is a public utility holding company. The Company's segments include Regulated electric utility operations; Regulated gas utility operations; Nonregulated energy operations, and Transmission investments. Regulated gas utility operations segment is engaged in generating, purchasing and distributing electricity through Madison Gas and Electric Company (MGE). MGE distributes electricity in a service area covering a 264 square-mile area in Dane County, Wisconsin. The Regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. MGE transports and distributes natural gas in a service area covering 1,684 square miles in seven south-central Wisconsin counties. The Nonregulated energy operations segment is engaged in owning and leasing electric generating capacity that assists MGE through MGE Energy's subsidiaries, MGE Power Elm Road and MGE Power West Campus.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, MGE Energy, Inc. revenues increased 13% to $606.6M. Net income increased 14% to $105.8M. Revenues reflect Gas segment increase of 29% to $185.6M, Electric segment increase of 7% to $420.3M. Net income benefited from Gas segment income increase of 28% to $25.1M, Electric segment income increase of 2% to $59M, Non Regulated Energy segment income increase of 1% to $33.9M.

Equity composition

Common Stock $1 Par, 3/11, 50M auth., 23,113,638 issd. Insiders own 0.20%. PO 9/77, 750K shares @ $17 by WhiteWeld & Co. 2/96 & 1/92, 3-for-2 stock splits. *FY'01 Q's are being reclassified. FY'04 Qs are being restated. FY'02-03 fincls. are reclassified. FY'03-04 summ. Qs 02/14, 3-for-2 Reverse stock split.