MGE Energy Issues Second-Quarter Financial Update

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) has released its second-quarter 2022 financial update, which is available on their website. MGE Energy operates primarily through its subsidiary, Madison Gas and Electric, serving 159,000 electricity customers and 169,000 natural gas customers across several counties in Wisconsin. The company's history spans over 150 years in the Madison area, highlighting its established presence in the local utility market.

Positive

• Long-standing presence of over 150 years in the Madison area.
• Serving 159,000 electricity customers and 169,000 natural gas customers, indicating a stable customer base.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) today issued its second-quarter 2022 financial update presentation.

The update is available on MGE Energy's website at:

mgeenergy.com/financialupdate

About MGE Energy

MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 159,000 customers in Dane County, Wis., and purchases and distributes natural gas to 169,000 customers in seven south-central and western Wisconsin counties. MGE's roots in the Madison area date back more than 150 years.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220805005327/en/

Investor relations contacts

Steve B. Schultz

Corporate Communications Manager

608-252-7219 | sbschultz@mge.com

Ken Frassetto

Director Shareholder Services and Treasury Management

608-252-4723 | kfrassetto@mge.com

Source: MGE Energy, Inc.

FAQ

What is the latest financial update for MGE Energy (MGEE)?

MGE Energy released its second-quarter 2022 financial update, which is available on their website.

How many customers does MGE Energy serve?

MGE Energy serves 159,000 electricity customers and 169,000 natural gas customers.

Where is MGE Energy located?

MGE Energy is located in Madison, Wisconsin, serving Dane County and surrounding areas.

When was MGE Energy established?

MGE Energy has a history that spans over 150 years in the Madison area.