Stock Symbol: AEE
One Ameren Plaza
1901 Chouteau Avenue
Ameren Corporation Industry:
Ameren Corporation Description:
Ameren Corporation (NYSE:AEE) - formed in a 1997 merger as the parent of both Union Electric (now known as AmerenUE) and Central Illinois Public Service (now known as AmerenCIPS).
Ameren Corporation Financial Summary:
AEE is a public utility holding company engaged in the generation, transmission & distribution of electricty, as well as the distribution of natural gas. For the 6 months ended 6/30/05, revenues rose 36% to $3.22B. Net income rose 42% to $306M. Revenues reflect higher electric, gas and other income. Net income also reflects improved gross profit margins and an increase in miscellaneous income.
Ameren Corporation Business Summary:
Ameren Corporation is a public utility holding company. Ameren's asset is the common stock of its subsidiaries, including Union Electric Company (UE), Central Illinois Public Service Company (CIPS), Ameren Energy Generating Company (Genco), CILCORP Inc. and Illinois Power Company (IP). Ameren's subsidiaries operate rate-regulated electric generation, transmission and distribution businesses, rate-regulated natural gas distribution businesses, and non-rate-regulated electric generation businesses in Missouri and Illinois.