Valued at a market cap of $22.3 billion, Ameren Corporation (AEE) operates as a public utility holding company that generates and distributes electricity and natural gas to residential, commercial, industrial, and wholesale end markets. The Saint Louis, Missouri-based company generates electricity through coal, nuclear, natural gas, and renewable sources as well.
Companies worth more than $10 billion are generally described as “large-cap” stocks, and Ameren fits this criterion perfectly. The company has 2.4 million electrics and 900,000 natural gas customers across 64,000 square miles in Missouri and Illinois and employs approximately 9,000 personnel. Its Ameren Missouri segment ranks as the largest electric power provider in Missouri.
