Ameren Corporation is a holding company for several power companies and energy companies, based in St. Louis, Missouri, USA.
The corporation, which has a team of approximately 8,527 employees, has more than 2.4 million electric customers and around 900,000 natural gas customers. It is the number one electric power provider in Missouri and the third largest natural gas provider in Illinois.
Ameren Corporation was formed in 1997 following the merger of Missouri’s Union Electric Company and the Central Illinois Public Service Company. It is the parent company of Ameren Illinois, Ameren Missouri, and Ameren Transmission Company.
Ameren Missouri’s generating capacity is approximately 8,199 megawatts (MW), it provides electric service to 1.2 million customers and natural gas to 127,000 customers in 63 counties and more than 500 towns across central and eastern Missouri (including the greater St. Louis area). It operates coal-fired facilities, nuclear facilities, hydroelectric facilities, renewable facilities, and natural gas or oil-fired facilities.
Ameren Illinois generating capacity is approximately 8,913 megawatts (MW), it provides electric power to 1.2 million customers and natural gas to 813,000 customers across central and southern Illinois.
Overview
- Chairman, President, and CEO: Warner L. Baxter
- Industry: Electricity and Natural Gas
- Type: Public company
- Listed on New York Stock Exchange (NYSE)
- NYSE stock symbol: AEE
- S&P 500 Component
- Formed: 1997 (following a merger)
- Net revenues: $6.053 billion USD (2014)
- Net income: $592 million USD (2014)
- Earnings per share: $2.42 USD (2014)
- Company head office: One Ameren Plaza, 1901 Chouteau Avenue, St. Louis, MO 63103, USA
- Employees: 8,527 (2014)
- Website: http://www.ameren.com/
- Investor relations number: 314.554.3502
- Investor relations email: [email protected]
Ameren Corporation Financial Results, Years Ended December 31
| Operating Revenues (in $ millions) | 2014 | 2013 |
| Electric operating revenues | $4,913 | $4,832 |
| Gas operating revenues | $1,140 | $1,006 |
| – Total operating revenues | $6,053 | $5,838 |
| Operating Expenses (in $ millions) | ||
| Fuel operating expense | $826 | $845 |
| Purchased power expense | $454 | $502 |
| Gas purchased for resale expense | $615 | $526 |
| Other operations and maintenance expenses | $1,691 | $1,617 |
| Depreciation and amortization | $745 | $706 |
| Taxes other than income taxes | $468 | $458 |
| – Total operating expenses | $4,799 | $4,654 |
| Income Data (in $ millions) | ||
| Operating income | $1,254 | $1,184 |
| Income before income taxes | $970 | $829 |
| Income from continuing operations | $593 | $518 |
| Income (loss) from discontinued operations, net of taxes | $(1) | $(223) |
| Net income (loss) | $592 | $295 |
| Net income (loss) attributable to Ameren Corporation | $586 | $289 |
| Balance sheet data (in $ millions) | ||
| Total assets | $22,676 | $21,042 |
| Long-term debt, net | $6,120 | $5,504 |
| Total stockholders’ equity | $6,713 | $6,544 |
| Common share data (in $) | ||
| Basic earnings (loss) per common share | $2.42 | $1.19 |
| Diluted earnings (loss) per common share | $2.40 | $1.18 |
| Cash flow data (in $ millions) | ||
| Net cash provided by operating activities | $1,551 | $1,693 |
| Net cash used in investing activities | $(1,717) | $(1,723) |
| Net cash used in financing activities | $141 | $(149) |
| Cash and cash equivalents at beginning of year | $30 | $209 |
| Cash and cash equivalents at end of year | $5 | $30 |
Source: “Ameren Corporation Form 10-K 2014”