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4-Traders Homepage  >  Equities  >  Nyse  >  Ameren Corp    AEE

Delayed Quote. Delayed  - 02/23 10:00:06 pm
54.07 USD   +0.19%
04:43a AMEREN : Unanimous settlement agrees to grant Ameren $92 million rev..
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Ameren Corp : Ameren Energy Marketing Announces New Municipal Aggregation Program – Homefield Energy

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03/20/2012 | 05:40pm CET

Mar 20, 2012

Playing before the home crowd is an advantage the local team has over the visiting team. A downstate Illinois company believes the same holds true for the municipal aggregation electric supply game. The Homefield Energy advantage - the municipal aggregation program offered by Ameren Energy Marketing is ready to supply Illinois communities with low-cost electricity based on local experience and resources.

The Homefield Energy program is designed to serve Illinois communities electing to aggregate their residential electric supply load. The Homefield Energy advantage is based on …

• A 12-year history of serving the Illinois competitive electric supply market. Ameren Energy Marketing has provided market-priced electricity to the businesses that are the backbone of our Illinois economy.

• A workforce of more than 900 energy professionals living, working and investing in Illinois.

• Contributions of approximately $19 million in property taxes to Illinois communities.

• A retention record of 95 percent among its over 10,000 customer accounts, including associations of banks, grain and feed producers and more than 400 school districts statewide.

"We're proud to bring Illinois communities the Homefield Energy advantage," said Steven R. Sullivan, president and CEO of Ameren Energy Marketing. "Our employees know Illinois and our energy centers are based in the state. Our goal is to continue to be your trusted energy supplier. Choosing Homefield Energy supports an Illinois business keeping the dollars you spend right here."

Ameren Energy Marketing provides competitive electric supply to manufacturing and commercial businesses, education and health care facilities across the state. The Homefield Energy program is a natural expansion of the company's commitment to Illinois electric customers. To learn more about Homefield Energy visit our website at HomefieldEnergy.com.

Ameren Energy Marketing d/b/a Homefield Energy is an independent seller of power and energy service and is certified as an Alternative Retail Electricity Supplier by the Illinois Commerce Commission (ICC Docket No. 11-0673). Ameren Energy Marketing and Homefield Energy is not representing, or acting on behalf of, the local distribution company that delivers electricity to your community. Switching electric suppliers will not impact the reliability of electric service that your community currently receives from your local distribution company.

###

CONTACT: Samantha Hager, 618.343.7777, Shager@homefieldenergy.com
Brianne Vaught, 314.554.2738, Bvaught@ameren.com

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This press release was issued by Ameren Corporation and was initially posted at http://ameren.mediaroom.com/index.php?s=43&item=1030 . It was distributed, unedited and unaltered, by noodls on 2012-03-20 17:36:45 PM. The issuer is solely responsible for the accuracy of the information contained therein.

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Financials ($)
Sales 2017 6 417 M
EBIT 2017 1 457 M
Net income 2017 671 M
Debt 2017 8 662 M
Yield 2017 3,31%
P/E ratio 2017 19,68
P/E ratio 2018 18,23
EV / Sales 2017 3,39x
EV / Sales 2018 3,39x
Capitalization 13 119 M
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Number of Analysts 11
Average target price 53,2 $
Spread / Average Target -1,6%
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Warner L. Baxter Chairman, President & Chief Executive Officer
Martin J. Lyons Chief Financial Officer & Executive Vice President
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Walter J. Galvin Lead Independent Director
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