| MGE Energy is a public utility holding company. Operating through its subsidiaries, Co. has five business segments: regulated electric utility operations, which generates, purchases, and distributes electricity through its subsidiary, Madison Gas and Electric Company (MGE); regulated gas utility operations, which purchases and distributes natural gas through MGE; nonregulated energy operation, which owns and leases electric generating capacity that assists MGE through Co.'s wholly owned subsidiaries MGE Power Elm Road, LLC and MGE Power West Campus, LLC; and transmission investments, which represents Co.'s investment in American Transmission Company LLC and ATC Holdco, LLC. We show 44 historical shares outstanding datapoints in our MGEE shares outstanding history coverage, used to compute MGEE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MGEE market cap history over the course of time is important for investors
interested in comparing MGEE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MGEE versus a peer is one thing; comparing
MGEE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MGEE can fluctuate over the course of history.
With this page we aim to empower investors researching MGEE by allowing them to research the MGEE market cap history.