Ameren Corporation (AEE), headquartered in Saint Louis, Missouri, generates and delivers electricity, and distributes natural gas to its customers. Valued at $24.4 billion by market cap, the company generates a net capacity of nearly 10,200 megawatts of electricity and owns more than 7,500 circuit miles of transmission lines.
Shares of this public utility holding company have underperformed the broader market considerably over the past year. AEE has gained 16% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.3%. In 2024, AEE’s stock rose 24%, compared to the SPX’s 24.7% rise on a YTD basis.
