Founded 1902Collinsville, IllinoisSubsidiary of Ameren Corporation
Ameren Illinois Company provides the rate-regulated electric generation, transmission, and distribution business in Illinois. It also engages in the natural gas distribution business.
Ameren Illinois Company was formerly known as Central Illinois Public Service Company and changed its name to Ameren Illinois Company in October 2010. Founded in 1902, the company is headquartered in Collinsville, Illinois. Ameren Illinois Company operates as a subsidiary of Ameren Corporation.
Ameren Illinois Company is a regulated utility that provides electric generation, transmission, and distribution services, as well as natural gas distribution, to customers in Illinois. The company operates under the oversight of state regulators, meaning its rates and services are approved by public utility commissions. Its electric operations cover the full chain from power generation to delivering electricity to homes and businesses, while its natural gas business focuses on distribution. The company serves a broad customer base across Illinois, ensuring reliable energy delivery. Ameren Illinois Company was originally founded in 1902 as Central Illinois Public Service Company and rebranded in 2010. It is a wholly owned subsidiary of Ameren Corporation, a larger holding company.
Where is Ameren Illinois Company (AILLM) listed and in which currency?
Ameren Illinois Company trades on the OTC Markets under the ticker symbol AILLM, specifically on the OTCPK (OTC Pink) exchange. The stock is denominated in US Dollars (USD), reflecting its operations in the United States. As an OTC-listed security, it may have lower liquidity and less regulatory oversight compared to major exchanges like the NYSE or NASDAQ. Investors should be aware that OTC stocks often have different reporting requirements. The company's primary operations are in the US, and its financials are reported in USD.
What sector and industry does Ameren Illinois Company (AILLM) belong to?
Ameren Illinois Company operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means it is a regulated utility that provides essential services like electricity and natural gas under government oversight. As a regulated electric utility, its profits are typically stable but limited by rate-setting processes. The company's industry classification highlights its focus on electric generation, transmission, and distribution, along with natural gas distribution. This sector is known for consistent demand and dividends, though Ameren Illinois Company's stock is traded on OTC markets rather than major exchanges.
Where is Ameren Illinois Company (AILLM) headquartered and what markets does it serve?
Ameren Illinois Company is headquartered in Collinsville, Illinois, United States. It serves customers exclusively within the state of Illinois, providing regulated electric and natural gas services. The company's service territory covers a significant portion of Illinois, including both urban and rural areas. As a subsidiary of Ameren Corporation, it focuses on the Illinois market, while other Ameren subsidiaries serve Missouri. The company's history dates back to 1902, and it has deep roots in the region. Its operations are subject to Illinois state regulations, and it plays a key role in the state's energy infrastructure.
How does Ameren Illinois Company (AILLM) make money?
Ameren Illinois Company generates revenue through the sale of electricity and natural gas to residential, commercial, and industrial customers in Illinois. As a regulated utility, its rates are approved by state regulators, allowing it to earn a return on its investments in generation, transmission, and distribution infrastructure. The company's electric business includes generating power, transmitting it over high-voltage lines, and distributing it to end users. Its natural gas business involves purchasing gas and delivering it through pipelines to customers. The company's profits are tied to the allowed rate of return on its rate base, which includes assets like power plants, poles, wires, and pipelines. Because it operates as a monopoly in its service area, its revenue is relatively predictable, though subject to regulatory decisions and energy demand fluctuations.