Ameren Corp
AEE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$35.00 | Jpxcx | Xcjfqxqg |
Ameren's Capex Pipeline Supports Growth Beyond Our Five-Year Forecast
Business Strategy and Outlook
Ameren is a regulated utility that operates in Illinois and Missouri, two historically challenging but rapidly improving regulatory jurisdictions. With improving rate regulation come significant investment opportunities, supporting the company's five-year $17.3 billion capital investment plan. Looking beyond the current plan, Ameren has its sights set on nearly $21 billion of additional investment opportunities for the following five years, providing a long runway of growth for the company.