MGE ENERGY INC
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
MGEE$80.26+2.4%Stored close · as of Nov 6, 2026
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14. Segment Information
mation - MGE Energy and MGE.
MGE Energy operates in the following business segments: electric utility, gas utility, nonregulated energy, transmission investment, and all other. See the 2023 Annual Report on Form 10-K for additional discussion of each of these segments.
| (In thousands)MGE Energy | Electric | Gas | Non-Regulated Energy | Transmission Investment | All Others | Consolidation/Elimination | Consolidated Total |
|---|---|---|---|---|---|---|---|
| Operating revenues | $120,383 | $25,116 | $214 | $— | $— | $— | $145,713 |
| Interdepartmental revenues | (55) | 2,172 | 10,946 | — | — | (13,063) | — |
| Total operating revenues | 120,328 | 27,288 | 11,160 | — | — | (13,063) | 145,713 |
| Equity in earnings of investments | — | — | — | 2,780 | — | — | 2,780 |
| Net income | 15,661 | 50 | 6,043 | 2,022 | 18 | — | 23,794 |
| Operating revenues | $121,492 | $26,291 | $215 | $— | $— | $— | $147,998 |
| Interdepartmental revenues | 193 | 2,770 | 10,195 | — | — | (13,158) | — |
| Total operating revenues | 121,685 | 29,061 | 10,410 | — | — | (13,158) | 147,998 |
| Equity in earnings of investments | — | — | — | 2,629 | — | — | 2,629 |
| Net income (loss) | 21,556 | 581 | 5,470 | 1,914 | (840) | — | 28,681 |
| Operating revenues | $236,508 | $100,285 | $256 | $— | $— | $— | $337,049 |
| Interdepartmental revenues | (109) | 7,383 | 21,773 | — | — | (29,047) | — |
| Total operating revenues | 236,399 | 107,668 | 22,029 | — | — | (29,047) | 337,049 |
| Equity in earnings of investments | — | — | — | 5,526 | — | — | 5,526 |
| Net income (loss) | 31,424 | 10,664 | 11,866 | 4,018 | (364) | — | 57,608 |
| Operating revenues | $238,736 | $126,253 | $262 | $— | $— | $— | $365,251 |
| Interdepartmental revenues | 141 | 9,431 | 20,745 | — | — | (30,317) | — |
| Total operating revenues | 238,877 | 135,684 | 21,007 | — | — | (30,317) | 365,251 |
| Equity in earnings of investments | — | — | — | 5,240 | — | — | 5,240 |
| Net income (loss) | 34,870 | 11,340 | 11,040 | 3,813 | (1,304) | — | 59,759 |
| (In thousands)MGE | Electric | Gas | Non-Regulated Energy | Consolidation/Elimination | Consolidated Total |
|---|---|---|---|---|---|
| Operating revenues | $120,383 | $25,116 | $214 | $— | $145,713 |
| Interdepartmental revenues | (55) | 2,172 | 10,946 | (13,063) | — |
| Total operating revenues | 120,328 | 27,288 | 11,160 | (13,063) | 145,713 |
| Net income attributable to MGE | 15,661 | 50 | 6,043 | (5,766) | 15,988 |
| Operating revenues | $121,492 | $26,291 | $215 | $— | $147,998 |
| Interdepartmental revenues | 193 | 2,770 | 10,195 | (13,158) | — |
| Total operating revenues | 121,685 | 29,061 | 10,410 | (13,158) | 147,998 |
| Net income attributable to MGE | 21,556 | 581 | 5,470 | (5,375) | 22,232 |
| Operating revenues | $236,508 | $100,285 | $256 | $— | $337,049 |
| Interdepartmental revenues | (109) | 7,383 | 21,773 | (29,047) | — |
| Total operating revenues | 236,399 | 107,668 | 22,029 | (29,047) | 337,049 |
| Net income attributable to MGE | 31,424 | 10,664 | 11,866 | (11,363) | 42,591 |
| Operating revenues | $238,736 | $126,253 | $262 | $— | $365,251 |
| Interdepartmental revenues | 141 | 9,431 | 20,745 | (30,317) | — |
| Total operating revenues | 238,877 | 135,684 | 21,007 | (30,317) | 365,251 |
| Net income attributable to MGE | 34,870 | 11,340 | 11,040 | (10,895) | 46,355 |
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