Union Electric Company, doing business as Ameren Missouri provides the electric generation, transmission, and distribution business in Missouri. It generates electricity through coal, nuclear, natural gas, hydroelectric, methane gas, and solar energy sources. The company is also involved in the rate-regulated natural gas distribution business.
It supplies electric and natural gas services to customers in central and eastern Missouri. Founded in 1902, the company is based in Saint Louis, Missouri. Union Electric Company operates as a subsidiary of Ameren Corporation.
Union Electric Company, doing business as Ameren Missouri, is a regulated electric utility that generates, transmits, and distributes electricity to customers in Missouri. The company uses a diverse mix of energy sources including coal, nuclear, natural gas, hydroelectric, methane gas, and solar power. In addition to electricity, Union Electric also operates a rate-regulated natural gas distribution business. Serving central and eastern Missouri, the company provides essential utility services to residential, commercial, and industrial customers. Founded in 1902 and headquartered in Saint Louis, Missouri, Union Electric operates as a wholly owned subsidiary of Ameren Corporation.
Where is Union Electric Company (UEPCP) listed and what currency is used?
Union Electric Company's stock is traded on the OTC Markets OTCPK exchange under the ticker symbol UEPCP. The trading currency is the US Dollar (USD). As an over-the-counter listing, the stock is not listed on major exchanges like the NYSE or NASDAQ, but it is still accessible to investors through brokerages that support OTC trading. The company is based in the United States, specifically in Saint Louis, Missouri, and its financial reporting is conducted in US dollars.
What sector and industry does Union Electric Company (UEPCP) belong to?
Union Electric Company operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is a regulated utility that provides electric services under government oversight, with rates and operations subject to approval by regulatory authorities. As a regulated electric utility, Union Electric's primary business involves generating, transmitting, and distributing electricity to customers in its service territory. The company also engages in natural gas distribution, which falls under the broader utilities category. Being in a regulated industry, its revenue and profits are generally stable but subject to regulatory decisions.
Where is Union Electric Company (UEPCP) headquartered and what markets does it serve?
Union Electric Company is headquartered in Saint Louis, Missouri, United States. The company, operating as Ameren Missouri, serves customers in central and eastern Missouri. Its service territory includes the St. Louis metropolitan area and surrounding regions. The company provides both electric and natural gas services to residential, commercial, and industrial customers in this area. Founded in 1902, Union Electric has a long history of serving the Missouri market and is a subsidiary of Ameren Corporation, a larger utility holding company.
What is the business model of Union Electric Company (UEPCP) and how does it make money?
Union Electric Company operates as a rate-regulated utility, meaning its revenue is generated by providing essential electric and natural gas services to customers in Missouri under regulated rates approved by state authorities. The company makes money by charging customers for electricity generation, transmission, and distribution, as well as for natural gas distribution. Its diverse generation portfolio includes coal, nuclear, natural gas, hydroelectric, methane gas, and solar sources, allowing it to manage fuel costs and regulatory requirements. As a regulated monopoly in its service area, Union Electric's profits are tied to its ability to operate efficiently and invest in infrastructure, with rates set to cover costs and provide a reasonable return. The company is a wholly owned subsidiary of Ameren Corporation, which consolidates its financial results.