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Alliant Energy Corporation - LNT STOCK NEWS

Welcome to our dedicated page for Alliant Energy Corporation news (Ticker: LNT), a resource for investors and traders seeking the latest updates and insights on Alliant Energy Corporation stock.

Alliant Energy Corporation (LNT) is a utility holding company that provides regulated electricity and natural gas services. The company operates through three main segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. As the parent company of Interstate Power and Light and Wisconsin Power and Light, Alliant Energy serves nearly 1 million electric customers and 425,000 natural gas-only customers.

Utility Electric Operations involves the generation and distribution of electricity to homes and businesses. Their diverse energy mix includes coal, natural gas, and renewable energy sources such as wind and solar. The Utility Gas Operations segment focuses on the distribution and transportation of natural gas, ensuring reliable delivery to customers.

Alliant Energy is committed to sustainability and reducing its carbon footprint. The company has made significant strides in renewable energy projects and aims to transition towards cleaner energy solutions. Recent achievements include expanding their wind and solar energy capabilities and modernizing their electric grid to enhance efficiency and reliability.

Financially, Alliant Energy maintains a strong position with steady revenue growth and a robust balance sheet. They have a 16% interest in American Transmission Co., which plays a crucial role in the energy transmission infrastructure.

Partnerships with other energy companies and technological advancements are key to Alliant Energy's strategy. They continue to invest in smart grid technology and infrastructure improvements to meet the growing energy demands and ensure customer satisfaction.

With continuous projects aimed at enhancing their energy services, Alliant Energy remains a significant player in the utilities sector, committed to providing reliable and sustainable energy solutions to its customers.

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Alliant Energy Corporation (NASDAQ: LNT) announced second quarter GAAP earnings per share of $0.64 in 2023, compared to $0.63 in 2022, reaffirming 2023 earnings guidance range of $2.82 - $2.96. The company's results for the first half of the year are on track, driven by higher revenue requirements, allowance for funds used during construction, and investments in solar generation.
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Alliant Energy Corporation (NASDAQ: LNT) announces Q2 2023 earnings release and conference call. The company provides regulated energy service to 995,000 electric and 425,000 natural gas customers across Iowa and Wisconsin. The webcast of the event will be available at www.alliantenergy.com/investors. Alliant Energy is a component of the Bloomberg’s Gender-Equality Index and the S&P 500.
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Alliant Energy Corporation (NASDAQ: LNT) has announced its first quarter 2023 earnings release scheduled for May 4th, after market close. A subsequent conference call will take place on May 5th at 9 a.m. CT, hosted by CEO John Larsen and CFO Robert Durian, where they will discuss the earnings results. Investors can participate by dialing the provided toll-free numbers or join via live webcast at www.alliantenergy.com/investors. The company serves 995,000 electric and 425,000 natural gas customers in Iowa and Wisconsin, emphasizing its commitment to delivering safe and efficient energy solutions.

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Alliant Energy Corporation (NASDAQ: LNT) has declared a quarterly cash dividend of $0.4525 per share. This dividend is payable on May 15, 2023, to shareholders of record as of the close of business on April 28, 2023. Alliant Energy has consistently paid dividends on its common stock for 310 consecutive quarters since 1946, demonstrating a long history of return to shareholders. The company provides regulated energy services to nearly 1.4 million customers in Iowa and Wisconsin and is committed to delivering safe, efficient, and responsible energy solutions.

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FAQ

What is the current stock price of Alliant Energy Corporation (LNT)?

The current stock price of Alliant Energy Corporation (LNT) is $58.95 as of December 20, 2024.

What is the market cap of Alliant Energy Corporation (LNT)?

The market cap of Alliant Energy Corporation (LNT) is approximately 15.0B.

What services does Alliant Energy Corporation provide?

Alliant Energy provides regulated electricity and natural gas services through its subsidiaries, Interstate Power and Light and Wisconsin Power and Light.

How many customers does Alliant Energy serve?

Alliant Energy serves nearly 1 million electric customers and 425,000 natural gas-only customers.

What are the main segments of Alliant Energy's operations?

Alliant Energy operates through three main segments: Utility Electric Operations, Utility Gas Operations, and Utility Other.

What renewable energy projects is Alliant Energy involved in?

Alliant Energy is expanding its wind and solar energy capabilities as part of its commitment to sustainability and reducing its carbon footprint.

What is Alliant Energy's interest in American Transmission Co.?

Alliant Energy owns a 16% interest in American Transmission Co., which is involved in energy transmission infrastructure.

How is Alliant Energy modernizing its electric grid?

Alliant Energy is investing in smart grid technology and infrastructure improvements to enhance efficiency and reliability.

What is the financial condition of Alliant Energy?

Alliant Energy maintains a strong financial position with steady revenue growth and a robust balance sheet.

What companies are subsidiaries of Alliant Energy?

Interstate Power and Light and Wisconsin Power and Light are subsidiaries of Alliant Energy.

What is Alliant Energy's approach to sustainability?

Alliant Energy is committed to transitioning towards cleaner energy solutions and reducing its carbon footprint through renewable energy projects.

What types of energy sources does Alliant Energy utilize?

Alliant Energy utilizes a diverse energy mix including coal, natural gas, wind, and solar power.

Alliant Energy Corporation

Nasdaq:LNT

LNT Rankings

LNT Stock Data

15.03B
256.00M
0.22%
81.78%
2.38%
Utilities - Regulated Electric
Electric & Other Services Combined
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United States of America
MADISON