Exhibit 99.1 NEWS RELEASE 1901 Chouteau Avenue: St. Louis, MO 63103: Ameren.com Contacts Media Investors Tony Paraino Andrew Kirk 314.554.2182 314.554.3942 aparaino@ameren.com akirk@ameren.com For Immediate Release Ameren Announces 2023 Results and Issues Guidance for 2024 Earnings and Long-Term Growth • 2023 Diluted Earnings Per Share (EPS) were $4.38, Compared to $4.14 in 2022 • 2024 Diluted EPS Guidance Range Established at $4.52 to $4.72 • 2024 through 2028 Diluted EPS Compound Annual Growth Rate Guidan ...

So far, a handful of the S&P 500 members from the Zacks Utilities sector have released their fourth-quarter earnings. Another cohort of major utility stocks, including Dominion Energy (D) , PG&E Corp. (PCG) , Edison International (EIX) , Ameren (AEE) , Entergy (ETR) and Clearway Energy (CWEN) , is set to announce quarterly reports on Feb 22.Factors to ConsiderDomestic-focused utility companies continue to focus on cost management and implementation of energy-efficiency programs, which reduces their operatin ...

Ameren Corporation (AEE) recently announced that its board of directors has approved a 6.3% increase in its quarterly dividend rate. The revised quarterly dividend will be 67 cents, payable on Mar 29, 2024, to shareholders of record at the close of business on Mar 13, 2024.The company’s new annualized dividend rate is $2.68 per share, resulting in an annualized dividend yield of 3.9%, based on its share price of $68.67 as of Feb 9, 2024. The company’s current dividend yield is better than the Zacks S&P 500 ...

New annualized rate is $2.68 per share ST. LOUIS, Feb. 9, 2024 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 67 cents per share, a 6.3% increase from the prior quarterly cash dividend of 63 cents per share, resulting in an annualized equivalent dividend rate of $2.68 per share. The previous annualized equivalent dividend rate was $2.52 per share. "We are pleased to announce this is the eleventh consecutive year we've ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Ameren (AEE) , which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider.This utility has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 9.64%.For the most recent quarter, Ameren was e ...

Core Viewpoint - Ameren Corporation is facing challenges in a tough regulatory environment in Illinois, which has negatively impacted its stock performance compared to the broader utility sector. Despite being slightly undervalued, the company's dividend yield is less attractive compared to competitors, leading to a preference for its preferred shares among income investors [2][3][21]. Company Overview - Ameren Corporation operates as a utility holding company with 2.4 million electric customers and 900,000 gas customers across four business segments in Missouri and Illinois. The company has a total generating capacity of 10,200 megawatts, with 10% coming from its Callaway Nuclear Plant [1]. Financial Performance - In 2023, Ameren's shares declined by 21.6%, significantly underperforming the S&P Utility Index, which fell by 7.1%. This decline was primarily due to the rejection of new grid plans by the Illinois Commerce Commission [2]. - The current share price of Ameren is $69.40, reflecting a P/E ratio of approximately 14.8, which is slightly undervalued by about 5% compared to its estimated value [3][10]. - Ameren's earnings per share (EPS) for 2023 is estimated to be in the range of $4.30 to $4.45, with a forecasted EPS growth of 6.0-8.0% from 2023 to 2027 [10]. Dividend Policy - Ameren's current quarterly dividend is $0.63, yielding 3.63%. The company expects annual dividend growth of 6-8%, aligning with earnings growth. However, the dividend yield is considered unexciting compared to competitors [4][6]. - The company has a target payout ratio between 55% and 70%, currently operating at the lower end of this range, indicating potential for higher dividends in the future [6]. Regulatory Environment - The regulatory environment in Illinois is challenging, with the Illinois Commerce Commission approving low returns on equity for Ameren and rejecting proposed rate increases. This has resulted in Ameren having some of the lowest electric rates in the country [15][17]. - Ameren's allowed return on equity for its Illinois operations is significantly below the national average, which may limit its financial performance [17]. Transition to Renewables - Ameren aims for net-zero emissions by 2045, ahead of the 2050 target set by the Inflation Reduction Act. The company plans to invest $48 billion in infrastructure development from 2023 to 2032, with a significant reduction in coal revenue expected by 2027 [18][19]. - The company is also expanding its renewable energy portfolio, with plans to add 2,700 megawatts of wind and solar capacity by 2037 [19]. Preferred Shares - Ameren offers a variety of preferred shares with yields exceeding 6%, which are considered more attractive for income investors compared to the common shares. These preferred shares are thinly traded but may provide better returns as interest rates fluctuate [7][21].

Expanded energy efficiency and demand response programs include more than $200 million in rebates and incentives ST. LOUIS, Jan. 26, 2024 /PRNewswire/ -- Ameren Missouri has filed an amended plan with the Missouri Public Service Commission (PSC) to provide 25 programs with $205 million in total rebates and incentives for residential and business customers over the next three years. The proposal also includes $70 million in expanded programs for income-eligible customers and social service agencies. The prop ...

Core Points - Ameren Missouri, a subsidiary of Ameren Corporation, announced a public offering of $350 million in 5.25% first mortgage bonds due in 2054, priced at 99.267% of their principal amount [1] - The net proceeds from the offering will be used to fund capital expenditures and/or refinance short-term debt [1] - The transaction is expected to close on January 9, 2024, pending customary closing conditions [1] Company Overview - Ameren Missouri has been providing electric and gas service for over 100 years, serving 1.2 million electric and 135,000 natural gas customers in central and eastern Missouri [3] - The company's service area spans 64 counties and over 500 communities, including the greater St. Louis area [3]

Ameren Corporation (NYSE:AEE) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Andrew Kirk - Director of Investor Relations Marty Lyons - Chairman, President, and CEO Michael Moehn - Senior Executive Vice President and CFO Conference Call Participants Shahriar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Paul Patterson - Glenrock Associates Anthony Crowdell - Mizuho Securities Operator Greetings, and welcome to Ameren Corporation's Th ...

Financial Performance and Guidance - The company narrowed its 2023 diluted EPS guidance range to $4.30 to $4.45 [19], from a prior range of $4.25 to $4.45 [19] - The company expects a 6% to 8% EPS CAGR from 2023-2027 [17, 45, 70], using the original 2023 EPS guidance range midpoint of $4.35 as the base [17, 45, 70] - The company anticipates future dividend growth to align with long-term EPS growth expectations, with a payout ratio ranging between 55% and 70% of annual EPS [17, 45, 70] Strategic Investments and Growth - The company has a strong long-term infrastructure investment pipeline of over $48 billion from 2023-2032 [17, 45, 43, 70] - The company expects an 8.4% rate base CAGR from 2022-2027 [17, 45, 70] - The company invested $2.6 billion in capital projects YTD as of September 30, 2023 [25] Sustainability and Clean Energy Transition - The company targets carbon emission reductions from 2005 levels: 60% by 2030, 85% by 2040, and net-zero by 2045 [8, 30] - The company plans to add 2,800 MW of renewable resources by 2030 and a total of 4,700 MW by 2036 [8, 30, 101] - The company anticipates generating over $1 billion in tax credits for customers by 2030 due to PTCs and ITCs related to wind, solar, and battery storage [96] Regulatory and Legislative Outcomes - In July, new electric service rates became effective for Ameren Missouri [26, 48, 50] - The company expects to issue 3.2 million common shares by year-end 2023 upon settlement of forward sale agreements [50, 62]