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 utility that provides electric generation, transmission, and distribution services in Missouri. It generates electricity using a diverse mix of energy sources, including coal, nuclear, natural gas, hydroelectric, methane gas, and solar. The company also operates a 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 headquartered in Saint Louis, Missouri, and operates as a subsidiary of Ameren Corporation.
On which exchange is Union Electric Company (UEPEP) listed and in what currency?
Union Electric Company is listed on the OTC Markets OTCPK exchange under the ticker symbol UEPEP. Its securities are traded in US Dollars (USD). The company is based in the United States and its stock is available for trading on the over-the-counter market, which provides a platform for stocks that may not meet the listing requirements of major exchanges like the NYSE or Nasdaq.
What sector and industry does Union Electric Company (UEPEP) 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 public utility commissions, ensuring stable and reliable service to customers in its service territory.
Where is Union Electric Company (UEPEP) headquartered and what markets does it serve?
Union Electric Company is headquartered in Saint Louis, Missouri, United States. It serves customers in central and eastern Missouri, providing both electric and natural gas services. The company's service area covers a significant portion of the state, including the St. Louis metropolitan area. As a subsidiary of Ameren Corporation, it benefits from the resources and scale of a larger holding company while maintaining a local focus on its Missouri customer base.
What is the business model of Union Electric Company (UEPEP) and how does it generate revenue?
Union Electric Company generates revenue through the sale of electricity and natural gas to residential, commercial, and industrial customers in Missouri. Its electric operations include generation, transmission, and distribution, with a diverse generation portfolio that includes coal, nuclear, natural gas, hydroelectric, methane gas, and solar sources. The natural gas business is rate-regulated, meaning prices are set by regulatory authorities to ensure fair returns while protecting consumers. As a regulated utility, its earnings are primarily derived from the authorized return on its invested capital, with revenue tied to the volume of energy sold and approved rate structures.