Union Electric Company

Union Electric Company, doing business as Ameren Missouri, is a regulated utility that generates, transmits, and distributes electricity to customers in central and eastern Missouri. It also operates a rate-regulated natural gas distribution business. The company generates electricity from a diverse mix of energy sources including coal, nuclear, natural gas, hydroelectric, methane gas, and solar. This diversification helps ensure reliable power supply while incorporating renewable energy. As a subsidiary of Ameren Corporation, Union Electric serves residential, commercial, and industrial customers across its service territory, providing essential energy services that support homes, businesses, and communities in the region.

Union Electric Company is traded on the OTC Markets OTCPK exchange under the ticker symbol UEPEN. All trading and financial reporting are conducted in US Dollars (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 headquartered in Saint Louis, Missouri, and its primary operations are in the United States, so using USD aligns with its domestic business activities and regulatory environment.

Union Electric Company operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is subject to government regulation regarding the rates it can charge customers and the services it must provide. As a regulated electric utility, it has a legal obligation to deliver reliable electricity to its service area in exchange for a regulated return on investment. The company also engages in natural gas distribution, which falls under the broader utilities umbrella. This industry is characterized by stable, long-term infrastructure investments and consistent demand for essential services like electricity and natural gas.

Union Electric Company is headquartered in Saint Louis, Missouri, United States. It serves customers in central and eastern Missouri, providing electric and natural gas services to residential, commercial, and industrial users. The company's service territory covers a significant portion of the state, including the St. Louis metropolitan area. As a regulated utility, its operations are focused exclusively on this geographic region, where it holds a franchise to distribute electricity and natural gas. Being based in Missouri allows the company to maintain close ties with the communities it serves and respond effectively to local energy needs and regulatory requirements.

Union Electric Company generates revenue primarily through the sale of electricity and natural gas to customers in its regulated service territory in Missouri. As a rate-regulated utility, its revenue is determined by approved tariff rates that cover the costs of generation, transmission, distribution, and a reasonable return on invested capital. The company earns money by charging customers for the electricity and natural gas they consume, plus fixed service charges. Its diverse generation portfolio—including coal, nuclear, natural gas, hydroelectric, methane gas, and solar—allows it to manage fuel costs and regulatory requirements. Additionally, as a subsidiary of Ameren Corporation, it benefits from the financial and operational support of a larger utility holding company, though its own financial results are tied to Missouri regulatory decisions and customer demand.