Union Electric Company, doing business as Ameren Missouri, engages in 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. The company was founded in 1902 and 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 utility engaged in the generation, transmission, and distribution of electricity in Missouri. The company generates power using a diverse mix of energy sources including coal, nuclear, natural gas, hydroelectric, methane gas, and solar. It also operates a rate-regulated natural gas distribution business. Union Electric supplies electric and natural gas services to customers across central and eastern Missouri. Founded in 1902 and headquartered in Saint Louis, Missouri, the company operates as a subsidiary of Ameren Corporation.
Where is Union Electric Company (UEPEM) listed and what currency is used?
Union Electric Company is listed on the OTC Markets OTCPK exchange under the ticker symbol UEPEM. The trading currency is the US Dollar (USD). As an OTC-traded security, it 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.
What sector and industry does Union Electric Company (UEPEM) belong to?
Union Electric Company operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity under government regulation. As a regulated electric utility, its rates and operations are subject to oversight by state and federal authorities, which helps ensure stable and reliable service to customers. The company also has a regulated natural gas distribution segment, further solidifying its position in the regulated utility space.
Where is Union Electric Company (UEPEM) 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 covers a significant portion of the state, providing both electric and natural gas services. The company's history dates back to 1902, and it has since grown to become a key utility provider in the region. As a subsidiary of Ameren Corporation, it benefits from the resources and scale of a larger parent company while maintaining a local focus on Missouri customers.
How does Union Electric Company (UEPEM) generate electricity?
Union Electric Company generates electricity using a diverse portfolio of energy sources. These include coal, nuclear, natural gas, hydroelectric, methane gas, and solar energy. This mix allows the company to balance reliability, cost, and environmental considerations. Coal and nuclear provide baseload power, while natural gas and hydroelectric offer flexibility for peak demand. Methane gas and solar contribute to renewable energy goals. By utilizing multiple sources, Union Electric can maintain a stable electricity supply for its customers in Missouri while adapting to changing regulatory and market conditions.