Compare · ALE vs PCG
ALE vs PCG
Side-by-side comparison of Allete Inc. (ALE) and Pacific Gas & Electric Co. (PCG): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ALE and PCG operate in Power Generation (Utilities), so they compete in similar markets.
- PCG is the larger of the two at $43.28B, about 12.9x ALE ($3.35B).
- Over the past year, ALE is up 4.0% and PCG is down 2.9% - ALE leads by 6.8 points.
- PCG has hit the wire 18 times in the past 4 weeks while ALE has been quiet.
- PCG has more recent analyst coverage (25 ratings vs 10 for ALE).
Allete Inc.
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Pacific Gas & Electric Co.
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. As of December 31, 2020, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines, 35 electric transmission substations, approximately 108,000 circuit miles of distribution lines, 68 transmission switching substations, and 758 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 43,500 miles of distribution pipelines, approximately 6,300 miles of backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was founded in 1905 and is headquartered in San Francisco, California.
Latest ALE
- SEC Form 15-12G filed by Allete Inc.
- VP; COO-Minnesota Power Skelton Joshua Jon returned $1,070,987 worth of shares to the company (19,255 units at $55.62), closing all direct ownership in the company (SEC Form 4)
- VP CFO & Corp Treasurer Scissons Jeffrey John returned $219,751 worth of shares to the company (5,844 units at $37.60), closing all direct ownership in the company (SEC Form 4)
- VP, Ch Legal Offcr & Secretary Padilla Julie L returned $14,083 worth of shares to the company (2,307 units at $6.11), closing all direct ownership in the company (SEC Form 4)
- VP; Pres.- ACE Johnson Nicole Renee returned $883,836 worth of shares to the company (17,656 units at $50.06), closing all direct ownership in the company (SEC Form 4)
- VP-ALLETE Chf Acct Offr & Cont Anderson Colin B returned $58,299 worth of shares to the company (2,549 units at $22.87), closing all direct ownership in the company (SEC Form 4)
- Chair, President & CEO Owen Bethany M returned $2,311,109 worth of shares to the company (52,064 units at $44.39), closing all direct ownership in the company (SEC Form 4)
- Director Thomas Charlene A returned $556,812 worth of shares to the company (8,311 units at $67.00), closing all direct ownership in the company (SEC Form 4)
- Director Powers Robert P returned $1,030,552 worth of shares to the company (15,381 units at $67.00), closing all direct ownership in the company (SEC Form 4)
- Director Nick Barbara A returned $913,294 worth of shares to the company (13,631 units at $67.00), closing all direct ownership in the company (SEC Form 4)
Latest PCG
- SEC Form 4 filed by EVP, Chief People Officer Vallejo Alejandro T
- The PG&E Corporation Foundation to Award $500,000 in Community-Focused Grants for Environmental Stewardship
- Director Cooper Kerry Whorton was granted 17,639 shares, increasing direct ownership by 24% to 90,853 units (SEC Form 4)
- Director Cannizzaro Edward G was granted 10,948 shares, increasing direct ownership by 35% to 42,427 units (SEC Form 4)
- Director Bahri Rajat was granted 10,948 shares, increasing direct ownership by 15% to 83,169 units (SEC Form 4)
- Director Campbell Cheryl F. was granted 10,948 shares, increasing direct ownership by 15% to 85,596 units (SEC Form 4)
- Director Denecour Jessica was granted 10,948 shares, increasing direct ownership by 15% to 81,715 units (SEC Form 4)
- Director Wilson Benjamin Francis was granted 10,948 shares, increasing direct ownership by 16% to 80,599 units (SEC Form 4)
- Director Smith William Lloyd was granted 10,948 shares, increasing direct ownership by 5% to 253,410 units (SEC Form 4)
- Pacific Gas & Electric Co. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders