Ameren Corporation - New Entrants stay away f or others it’s a hold at FinGad.com

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Ameren Corporation - New Entrants stay away f or others it’s a hold

Categorie: Equities
Submitted 11 months ago by

Dan , Chairman and CEO at Labi Group

S&P500 stock - Ameren Corporation - (NYSE: AEE) New Entrants stay away for others it's a hold. Ameren Corporation is a downgraded stock by most analysts. Total energy operating revenues of shareholder-owned electric companies were $400 billion in the US. Total capitalization of U.S. shareholder-owned electric companies was $533.4 billion. The average electricity use per customer is 30,000 kilowatt-hours (kWh). Total electric utility revenues from sales to customers equaled $360 billion. The average revenue received per kWh sold was 9 cents. According to the Energy Information Administration, electricity demand is expected to increase 1.9 percent in 2007. The U.S. electric power industry's total installed generating capacity was 1,067,019 megawatts (MW) as of December 31, 2005. U.S. shareholder-owned installed generating capacity was 398,392 MW as of December 31, 2005. This accounts for approximately 37 percent of total electric power industry installed capacity. Non-utility owned installed generating capacity grew from 446,230 MW in 2004 to 446,346 MW in 2005. In 2005, shareholder-owned electric utilities spent $5.8 billion on transmission investment. Ameren Corporation is a public utility holding company. Ameren's asset is the common stock of its subsidiaries, including Union Electric Company, Central Illinois Public Service Company, Ameren Energy Generating C... More...

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