MGE Energy Issues Third-Quarter Financial Update

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) has released its third-quarter 2022 financial update, highlighting significant developments in its operations. The public utility holding company serves 159,000 electricity customers and 169,000 natural gas customers across Dane County and seven other counties in Wisconsin. The detailed financial update is available for review on their official website, providing insights into the company's performance and future outlook.

Positive

• Consistent customer base with 159,000 electricity and 169,000 natural gas clients in Wisconsin.
• Long-standing presence in the Madison area, enhancing brand recognition and customer trust.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) today issued its third-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/20221104005635/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 MGE Energy's stock symbol?

MGE Energy's stock symbol is MGEE.

Where can I find MGE Energy's third-quarter 2022 financial update?

The third-quarter 2022 financial update can be found on MGE Energy's official website.

How many customers does MGE Energy serve?

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

In which counties does MGE Energy provide service?

MGE Energy provides service in Dane County and six other counties in south-central and western Wisconsin.