+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

ALLETE Inc (ALE) - Financial and Strategic SWOT Analysis Review

  • PDF Icon

    SWOT Analysis

  • 53 Pages
  • March 2022
  • GlobalData
  • Allete Inc
  • ID: 1816454
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

ALLETE Inc (ALE) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:


  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights


ALLETE Inc (ALLETE) is an energy company, with interests in mining facilities, electricity generation, transmission and distribution assets, and water management businesses. The company generates electricity using coal, natural gas, biomass, hydro, wind, and solar, and procures energy through power purchase agreements and market purchases. ALLETE provides electric services on retail and wholesale basis. It develops, acquires, and operates clean and renewable energy projects. Through long-term power sales agreements, ALLETE also develops wind energy facilities to operate or for sale to third-parties. The company offers integrated water management solutions for the biofuel, commercial and institutional, power generation, food and beverage, light manufacturing, and midstream oil, and gas industries. ALLETE is headquartered in Duluth, Minnesota, the US.

ALLETE Inc Key Recent Developments


Mar 02, 2022: ALLETE advances solar strategy by acquiring New Energy Equity, a leading solar development company
Feb 09, 2022: ALLETE Names Steven W. Morris Senior Vice President and Chief Financial Officer
Jan 11, 2022: ALLETE Senior Vice President and Chief Financial Officer Robert Adams Announces Retirement Plans as Part of Orderly Transition
Dec 15, 2021: TPG Names Todd B. Sisitsky as President
Nov 02, 2021: Minnesota Power files request for rate change to support sustainable energy future amid changing customer demand

Key benefits of buying this profile include:


You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.

Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.

Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.

Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.

Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • ALLETE Inc - Key Facts
  • ALLETE Inc - Key Employees
  • ALLETE Inc - Key Employee Biographies
  • ALLETE Inc - Major Products and Services
  • ALLETE Inc - History
  • ALLETE Inc - Company Statement
  • ALLETE Inc - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries

Section 2 - Company Analysis
  • Company Overview
  • ALLETE Inc - Business Description
  • Business Segment: ALLETE Clean Energy
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Corporate and Other
  • Performance
  • Business Segment: Regulated Operations
  • Overview
  • Performance
  • Key Stats
  • ALLETE Inc - Corporate Strategy
  • ALLETE Inc - SWOT Analysis
  • SWOT Analysis - Overview
  • ALLETE Inc - Strengths
  • ALLETE Inc - Weaknesses
  • ALLETE Inc - Opportunities
  • ALLETE Inc - Threats
  • ALLETE Inc - Key Competitors

Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts

Section 4 - Company’s Power Financial Deals and Alliances
  • ALLETE Inc, Power, Deals By Year, 2016 to YTD 2022
  • ALLETE Inc, Power, Deals By Type, 2016 to YTD 2022
  • ALLETE Inc, Recent Deals Summary

Section 5 - Company’s Recent Developments
  • Feb 09, 2022: ALLETE Names Steven W. Morris Senior Vice President and Chief Financial Officer
  • Jan 11, 2022: ALLETE Senior Vice President and Chief Financial Officer Robert Adams Announces Retirement Plans as Part of Orderly Transition
  • Dec 15, 2021: TPG Names Todd B. Sisitsky as President
  • Nov 02, 2021: Minnesota Power files request for rate change to support sustainable energy future amid changing customer demand
  • Oct 05, 2021: Charlene A. Thomas Named to ALLETE Board of Directors
  • Sep 28, 2021: ALLETE Announces Third Partner in Nemadji Trail Energy Center Project
  • Aug 18, 2021: ALLETE, Inc and Triniti Consulting successfully deploy Oracle Utilities Customer to Meter
  • Aug 04, 2021: ALLETE, Inc. Reports Second Quarter Earnings of 53 Cents Per Share
  • May 11, 2021: Bethany M. Owen named Chair of ALLETE Board of Directors
  • May 06, 2021: ALLETE Reports First Quarter Earnings of 99 Cents per Share

Section 6 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact the Publisher
  • Disclaimer

List of Tables
  • ALLETE Inc, Key Facts
  • ALLETE Inc, Key Employees
  • ALLETE Inc, Key Employee Biographies
  • ALLETE Inc, Major Products and Services
  • ALLETE Inc, History
  • ALLETE Inc, Subsidiaries
  • ALLETE Inc, Key Competitors
  • ALLETE Inc, Ratios based on current share price
  • ALLETE Inc, Annual Ratios
  • ALLETE Inc, Interim Ratios
  • ALLETE Inc, Power, Deals By Year, 2016 to YTD 2022
  • ALLETE Inc, Power, Deals By Type, 2016 to YTD 2022
  • ALLETE Inc, Recent Deals Summary
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios

List of Figures
  • ALLETE Inc, Performance Chart (2017 - 2021)
  • ALLETE Inc, Ratio Charts
  • ALLETE Inc, Power, Deals By Year, 2016 to YTD 2022
  • ALLETE Inc, Power, Deals by Type, 2016 to YTD 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Idacorp Inc
  • Cleco Corporate Holdings LLC
  • CH Energy Group Inc
  • Black Hills Corp
  • Avangrid Inc
  • Alliant Energy Corp