Alliant Energy(LNT)
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Natural Gas Stock Flares Up To A High, Pork Name Looks Appetizing
Investors· 2026-03-27 20:12
Natural Gas Stock Flares Up To A High; Pork Name Looks Appetizing | Investor's Business Daily BREAKING: Major Indexes Fall For Fifth Straight Week To Six-Month Lows Despite the recent harsh stock market sell-off, several names, including a natural gas company, are making new highs. These stocks have climbed between 9% and 25% so far this year compared with a loss of around 7% for the S&P 500 index. Smithfield Foods (SFD), Alliant Energy (LNT) and Alliance Resource Partners (ARLP) all sit in buy zones ...
Alliant Energy Corp Stock Just Hit an All-Time High. Here Are 3 Tailwinds Boosting the Stock.
Yahoo Finance· 2026-03-18 21:25
Since the start of the year, Alliant Energy's (NASDAQ: LNT) stock has surged 12.4%, outpacing the S&P 500 by a wide margin. (The S&P 500 is down 1.9% year to date.) The utility stock has enjoyed strong momentum, hitting a new all-time high amid positive developments. Here are three tailwinds fueling Alliant Energy's stock. 1. Data center energy demand is driving strong growth The primary growth driver for Alliant Energy is the influx of data centers in the U.S. Midwest. Analysts with Wells Fargo have no ...
RJM & Company Advises Travero, a Subsidiary of Alliant Energy Corporation, on its Sale of Logistics Park Dubuque to LOGISTEC
Prnewswire· 2026-03-11 21:34AI Processing
RJM & Company Advises Travero, a Subsidiary of Alliant Energy Corporation, on its Sale of Logistics Park Dubuque to LOGISTEC Accessibility Statement Skip NavigationKANSAS CITY, Mo., March 11, 2026 /PRNewswire/ -- RJM & Company, LLC ("RJM") served as the exclusive financial advisor to Travero, a wholly owned subsidiary of Alliant Energy Corporation, on its sale of Logistic's Park Dubuque ("LPD") to LOGISTEC, a leading North American marine terminal and logistics services provider. LPD is a multi-purpose mari ...
Alliant Energy: Grow Your Income With This Durable Utility (NASDAQ:LNT)
Seeking Alpha· 2026-03-09 12:00
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BMO Raises Alliant Energy Corporation (LNT) Target to $78, Maintains Outperform
Yahoo Finance· 2026-03-08 15:31
Group 1 - BMO Capital raised the price target for Alliant Energy Corporation (LNT) from $72 to $78 while maintaining an Outperform rating, following the company's Q4 results [1] - Wells Fargo also increased its price target for Alliant Energy Corporation from $71 to $75, maintaining an Overweight rating, citing solid updates and attractive data center growth [2] - CNN reported that 7 out of 14 analysts covering Alliant Energy Corporation have a Buy rating, with a 1-year average price target indicating a 3.73% upside potential as of March 5, 2026 [3] Group 2 - Alliant Energy Corporation is a public utility holding company founded in 1917, serving the American Midwest from its headquarters in Wisconsin [3]
10 Best Stocks to Invest in During a Recession
Insider Monkey· 2026-03-06 10:04
In this article, we will take a look at the 10 Best Stocks to Invest in During a Recession.Geopolitical tensions are once again having a severe impact on the economic conditions and on investors’ decisions in the market as well. CNBC reported on February 28, 2026, that a joint U.S. and Israeli attack on Iran is raising significant concerns about global energy security and economic stability.According to Bob McNally, a former White House energy advisor, a prolonged closure of the Strait of Hormuz is guarante ...
Alliant Energy(LNT) - 2025 Q4 - Annual Report
2026-02-20 19:58
Customer Base and Services - Alliant Energy serves approximately 1,010,000 electric and 435,000 natural gas customers in the Midwest through its subsidiaries IPL and WPL[27]. - As of December 31, 2025, IPL provided electric service to approximately 505,000 customers and natural gas service to approximately 230,000 customers in Iowa[27]. - WPL supplied electric service to approximately 505,000 customers and natural gas service to approximately 205,000 customers in Wisconsin as of December 31, 2025[28]. - Alliant Energy's electric utility operations serve a diverse customer base, primarily in farming, industrial manufacturing, and data centers, with significant competition from self-generation and alternative energy sources[82][84]. Employee and Labor Relations - Alliant Energy had a total of 2,948 employees, with 58% covered by collective bargaining agreements[34]. - The majority of IPL's bargaining unit employees (74%) and WPL's bargaining unit employees (86%) are covered by collective bargaining agreements[34]. - Alliant Energy's Total Rewards programs include competitive salaries, a 401(k) savings plan, and various health benefits[41]. Safety and Environmental Compliance - The company is committed to safety, implementing a comprehensive safety management system to track performance and improve safety culture[36]. - Alliant Energy's energy efficiency plan (EEP) is required to be filed every five years with the IUC to achieve specified levels of energy savings[55]. - The EPA's final Section 111(d) rule requires states to implement plans to reduce CO2 emissions from fossil-fueled EGUs, with compliance phased in starting in 2030[70]. - Alliant Energy, IPL, and WPL are subject to significant regulatory uncertainty regarding environmental regulations, which could materially impact their financial condition[68]. - The Clean Air Act's revised standards under Section 111(b) establish CO2 emissions limits for new fossil-fueled EGUs, affecting future construction and operation[71]. - The company has established voluntary greenhouse gas (GHG) reduction goals, but uncertainties regarding regulations and technology may hinder progress[118]. - Alliant Energy aims to eliminate all coal-fired EGUs from its generating fleet by 2040 and achieve net-zero GHG emissions from its utility operations by 2050[209]. Financial Performance - Total revenues for Alliant Energy reached $3.697 billion in 2025, up from $3.372 billion in 2024, representing an increase of 9.7% year-over-year[98]. - Total revenues for IPL and WPL combined reached $1,896 million in 2025, up from $1,747 million in 2024, representing an increase of 8.5%[100]. - Alliant Energy's net income for Utilities and Corporate Services increased by $153 million in 2025, reaching $875 million, compared to $722 million in 2024, resulting in an EPS of $3.39, up from $2.81[179]. - Alliant Energy's net income decreased by $34 million in 2025 compared to 2024, primarily due to an asset valuation charge and higher financing expenses[181]. Revenue and Sales Growth - Residential sales increased to $1.339 billion in 2025 from $1.236 billion in 2024, a growth of 8.3%[98]. - Electric utility revenues increased by $325 million for Alliant Energy in 2025 compared to 2024, driven by higher revenue requirements and changes in sales volumes due to temperatures[186]. - Retail electric sales volumes increased by 2% in 2025, while retail gas sales volumes increased by 14%, primarily due to temperature changes[183]. - Gas utility revenues increased by $60 million for Alliant Energy in 2025, driven by changes in gas costs and sales volumes due to temperatures[187]. Capital Expenditures and Investments - The company has forecasted capital expenditures of approximately $13 billion over the next four years, which is dependent on access to capital markets[140]. - Alliant Energy plans to develop and/or acquire approximately 1,600 MW of new natural gas resources, 1,000 MW of new energy storage, and 1,300 MW of new renewable generation over the next five years[180]. - Alliant Energy's capital allocation strategy focuses on growth, including the development of energy resources to meet future demand and investments in transmission through ATC[174]. - The company plans to invest in technology to enhance productivity and efficiency, with estimated capital expenditures for technology projects included in the construction and acquisition expenditures table for 2026 through 2029[215]. Regulatory Environment - The company is subject to various regulations, including the Public Utility Holding Company Act of 2005 and the Energy Policy Act of 2005, impacting its operations[45]. - Regulatory authorities may impose financial penalties and sanctions, which could adversely impact the construction of new projects and financial condition[115]. - The utility business is significantly impacted by government legislation and regulation, affecting rates, authorized returns, and cost recovery[114]. Risks and Challenges - The company faces significant risks from cyber attacks, which could disrupt operations and lead to loss of confidential information, potentially resulting in substantial financial losses[125]. - Supply chain disruptions are expected to continue impacting the company's ability to procure critical materials and services, leading to increased costs and delays in construction projects[128]. - Natural disasters and extreme weather events may lead to increased operational costs and reduced energy demand, negatively impacting revenues[131]. - Inflation has significantly increased costs for labor, materials, and services, which may not be fully recoverable in rates, impacting financial results[138]. - The company relies on non-utility operations for a portion of earnings, and underperformance in these areas could adversely affect financial condition[135]. Future Outlook - Alliant Energy expects to issue up to $2.4 billion of common stock from 2026 through 2029[195]. - Alliant Energy, IPL, and WPL expect increases in electric utility and gas utility revenues in 2026 compared to 2025 due to rising revenue requirements[195]. - Alliant Energy, IPL, and WPL anticipate an increase in retail electric sales in 2026 driven by expected load growth from new customers[195].
Alliant Energy(LNT) - 2025 Q4 - Earnings Call Transcript
2026-02-20 16:02
Financial Data and Key Metrics Changes - Alliant Energy reported ongoing earnings per share (EPS) growth of $0.18 for 2025 compared to 2024, driven by increased revenue requirements from rate-based increases and favorable temperature impacts on electric and gas sales [13][14] - The company achieved a 10-year compound annual EPS growth of 6.3%, with ongoing EPS growth of 6% in 2025, exceeding the midpoint of guidance [5][14] - A total shareholder return of over 13% was delivered for the year, marking the 22nd consecutive year of dividend increases [5] Business Line Data and Key Metrics Changes - In Wisconsin, Alliant Energy completed 275 MW of energy storage investments and turbine upgrades, contributing to regulatory execution strength [6] - Electric sales increased by nearly 1% in 2025 compared to 2024, primarily driven by higher commercial and industrial sales [14] - The company closed the year with four executed electric service agreements (ESAs) totaling 3 GW of peak load, indicating a 50% future growth in demand [9] Market Data and Key Metrics Changes - The company is actively engaged with customers and pursuing 2-4 gigawatts of additional large load growth opportunities beyond current projections [10] - The approval of individual customer rate contracts in Iowa supports economic development while maintaining flat retail electric base rates for existing customers [8] Company Strategy and Development Direction - Alliant Energy's strategy focuses on unlocking customer and community potential, with significant capital investments in data centers that strengthen local tax bases [6][7] - The company aims to be a partner of choice, aligning capital and regulatory solutions to enable growth while meeting customer and shareholder expectations [9] - A proactive approach to safe harboring renewable and energy storage investments is emphasized to maintain reliability and cost-effectiveness [11] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of navigating public policy shifts and the acceleration of electric demand as key factors influencing performance [5] - The company expects a compound annual earnings growth rate of 7%+ from 2027 to 2029, based on current projections for capital expenditure plans and data center load [18] - Management expressed confidence in executing projects within the updated capital expenditure plan, with a focus on maintaining stable base rates for customers [19][21] Other Important Information - The company has a four-year capital plan of approximately $13.4 billion, with a balanced mix of funding sources including cash from operations and new financings [20] - Regulatory decisions in Iowa and Wisconsin are aligned with capital investment plans, reducing regulatory uncertainty for 2026 [21][23] Q&A Session Summary Question: On the 3 GW of data centers, what are the minimum take agreements? - Management confirmed that any additional demand from hyperscalers would be accretive to current planning assumptions [30] Question: How are conversations with hyperscalers evolving, especially regarding stricter safeguards? - Management noted that Iowa has strategic advantages for data center growth, and they are committed to ensuring Wisconsin remains open for business [32] Question: What is the path to construction for the relocated QTS project? - Management clarified that they are using individual customer rate constructs for both states and are pleased with their ability to pivot quickly [42] Question: What are the goals for timing on bringing in another deal for the 2-4 GW of growth? - Management indicated that they have three buckets of opportunities and are focused on high-quality electric service agreements [44] Question: Is the 1% retail sales growth assumption conservative? - Management stated that most data center load is expected to come in 2027 and beyond, making the 1% growth assumption consistent with current expectations [53] Question: How does the shift in renewables in CapEx relate to QTS? - Management explained that the shift is part of a consistent investment plan and reflects a proactive approach to meet customer needs [57]
Alliant Energy(LNT) - 2025 Q4 - Earnings Call Transcript
2026-02-20 16:02
Financial Data and Key Metrics Changes - Alliant Energy reported ongoing earnings per share (EPS) growth of $0.18 for 2025 compared to 2024, driven by increased revenue requirements from rate-based increases and favorable temperature impacts on electric and gas sales [13][14] - The company achieved a 10-year compound annual EPS growth of 6.3%, with ongoing EPS growth of 6% in 2025, exceeding the midpoint of guidance [5][14] - A total shareholder return of over 13% was delivered for the year, marking the 22nd consecutive year of dividend increases [5] Business Line Data and Key Metrics Changes - In Wisconsin, Alliant Energy completed 275 MW of energy storage investments and turbine upgrades, contributing to regulatory execution strength [6] - Electric sales increased by nearly 1% in 2025 compared to 2024, primarily driven by higher commercial and industrial sales [14] - The company has a backlog of opportunities to drive future growth, including four executed electric service agreements (EFAs) totaling 3 GW of peak load [9] Market Data and Key Metrics Changes - The company is focused on capturing growth opportunities in both Iowa and Wisconsin, with a commitment to keep Iowa retail electric base rates flat for existing customers through the end of the decade [8] - Alliant Energy is actively engaged with customers to pursue 2-4 GW of additional large load growth opportunities beyond current projections [10] Company Strategy and Development Direction - The company aims to unlock the potential of customers and communities, with a focus on data centers as significant capital investments that benefit local tax bases [6][7] - Alliant Energy's strategy includes maximizing existing resources, extending asset life, and integrating renewables and energy storage facilities to maintain reliability [11] - The company emphasizes a proactive approach to economic development, ensuring that customers benefit from data center growth without incurring additional costs [76] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of agility and disciplined decision-making in navigating the evolving energy landscape [10] - The company expects a compound annual earnings growth rate of 7%+ from 2027 to 2029, based on current projections for capital expenditure plans and data center load [18] - Management expressed confidence in the ability to execute projects within the updated capital expenditure plan, supported by a strong liquidity position [19] Other Important Information - Alliant Energy's four-year capital plan remains on track, with a total expected common equity need of approximately $2.4 billion, of which $1 billion has already been raised [20] - The company achieved several constructive regulatory decisions throughout the year, aligning its regulatory agenda with capital investment plans [21] Q&A Session Summary Question: What are the minimum take agreements for the 3 GW of data centers? - Management confirmed that any additional demand from hyperscalers would be accretive to current planning assumptions [30] Question: How are conversations with hyperscalers evolving, especially regarding Wisconsin and Iowa? - Management noted that Iowa has strategic advantages, and they are committed to ensuring Wisconsin remains open for business, despite local challenges [32] Question: What is the path to construction for the relocated QTS data center? - Management indicated that they are pleased with their ability to pivot quickly and are working on the necessary permitting and zoning approvals [42] Question: What are the expectations for retail sales growth in 2026? - Management expects retail sales growth of approximately 1%, with most data center load anticipated to come in 2027 and beyond [53] Question: How does the shift in renewables and gas generation relate to the QTS project? - Management clarified that the shift is part of a consistent investment plan, with adjustments made to accommodate the relocated load [57]
Alliant Energy(LNT) - 2025 Q4 - Earnings Call Transcript
2026-02-20 16:00
Financial Data and Key Metrics Changes - In 2025, Alliant Energy achieved ongoing earnings per share (EPS) growth of $0.18 compared to 2024, driven by increased revenue from rate-based increases and favorable temperature impacts on electric and gas sales [11][12] - The company reported a 10-year compound annual EPS growth of 6.3%, with ongoing EPS growth of 6% in 2025, exceeding the midpoint of guidance [4][11] - A total shareholder return of over 13% was delivered for the year, and the dividend was increased for the 22nd consecutive year [4] Business Line Data and Key Metrics Changes - Electric sales increased by nearly 1% in 2025 compared to 2024, primarily due to higher commercial and industrial sales across both IPL and WPL [12] - The company completed 275 MW of energy storage investments and turbine upgrades in Wisconsin, contributing to operational performance [5] Market Data and Key Metrics Changes - In Iowa, the approval of individual customer rate contracts supports economic development while maintaining flat retail electric base rates for existing customers through the end of the decade [6] - The company closed the year with four executed Electric Service Agreements (EFAs) totaling 3 GW of peak load, indicating a 50% future growth in demand [7] Company Strategy and Development Direction - Alliant Energy's strategy focuses on unlocking customer and community potential, with significant capital investments in data centers that enhance local tax bases and support public services [5] - The company aims to attract large load customers by ensuring regulatory solutions align with customer needs, emphasizing a customer-centric approach [6][7] - A proactive approach to renewable and energy storage investments is central to the company's strategy, with plans to maximize existing resources and extend asset life [9] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of agility and disciplined decision-making in navigating the evolving energy landscape, with a focus on long-term value [7][9] - The company expects to pursue industry-leading demand growth and successful project execution, with a compound annual earnings growth rate of 7%+ projected for 2027-2029 [16] Other Important Information - The company has a four-year capital expenditure plan of approximately $13.4 billion, with funding through a mix of cash from operations and new financings [18] - Regulatory decisions in Iowa and Wisconsin are aligned with capital investment plans, reducing regulatory uncertainty for 2026 [19][20] Q&A Session Summary Question: Minimum take agreements for the 3 GW of data centers - Management confirmed that any additional demand from hyperscalers would be accretive to current planning assumptions [26] Question: Conversations with hyperscalers and data center developments - Management noted that Iowa has strategic advantages over Wisconsin for data center growth, and they are committed to ensuring Wisconsin remains open for business [29] Question: Path to construction for the relocated QTS project - Management clarified that they are pleased with their ability to pivot quickly and have a robust plan for the new site [39] Question: Timing for additional deals in the 2-4 GW range - Management indicated that they are in active discussions and have structured their approach to ensure high-quality Electric Service Agreements [41] Question: Land control and zoning for new projects - Management confirmed that they own considerable land zoned for industrial use, which supports their economic development strategy [48] Question: Retail sales growth assumptions for 2026 - Management expects retail sales growth of approximately 1%, consistent with 2025, with significant data center load anticipated in 2027 and beyond [50] Question: Shift in capital expenditures related to QTS - Management explained that the shift in capital expenditures is primarily a refinement of their planning process rather than a significant change [64] Question: Regulatory continuity amid gubernatorial races - Management emphasized their commitment to reliability and affordability, ensuring that customers benefit from data center growth [72] Question: Local concerns regarding data center developments in Wisconsin - Management indicated that challenges are primarily at the township level, with local support for data centers being crucial [75]