secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021655
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGE Energy Q3 GAAP EPS $0.93 vs $0.97 YoY; revenue up 12% to $163.4M
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- GAAP EPS $0.93 vs $0.97 Q3 2021; net income $33.7M vs $34.9M.
- Operating revenues $163.4M, up from $145.9M; operating income $42.5M vs $37.6M.
- Badger Hollow Solar Farm phase 2 expected H1 2023; carbon reduction target 80% by 2030.
- ATC investment earnings down $0.7M due to possible loss from MISO ROE complaints.
- Gas net income relatively flat YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000095017022021655/0000950170-22-021655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000095017022021655/mgee-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021655

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer