{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-017554","form_type":"8-K","ticker":"MGEE","cik":"0001161728","company_name":"MGE ENERGY INC","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.082335+00:00","generated_at":"2026-06-15T20:06:00.505203+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MGE Energy Q1 GAAP EPS $0.86 vs $0.95 YoY; warmer weather cuts sales","bullets":["Q1 net income $31.1M ($0.86 diluted EPS) vs $34.4M ($0.95) YoY.","Operating revenues $217.3M, up 4% from $208.9M in prior year.","Gas retail sales fell 14% and electric residential fell 7% vs Q1 2022.","Heating degree days 14% warmer than 2022; Jan 2023 avg temp 27°F vs 15°F in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-017554","json":"https://secwatch.observer/filing/0000950170-23-017554.json","markdown":"https://secwatch.observer/filing/0000950170-23-017554.md","text":"https://secwatch.observer/filing/0000950170-23-017554.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023017554/0000950170-23-017554-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/61339/000095017023017554/mgee-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:06:00.505203+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3db441406741d43bcdfaf8128c6e1a6cd22d8245","claim":"MGE ENERGY INC reported first quarter of 2023 results: revenue $ 217,253, net income $ 31,078, EPS $ 0.86.","evidence_excerpt":"MGE Energy, Inc. (In thousands, except per-share amounts) (Unaudited) Three Months Ended March 31, 2023 2022 Operating revenues $ 217,253 $ 208,938 Operating income $ 40,034 $ 41,863 Net income $ 31,078 $ 34,420 Earnings per share - basic $ 0.86 $ 0.95 Earnings per share - diluted $ 0.86 $ 0.95 Weighted average shares outstanding - basic 36,163 36,163 Weighted average shares outstanding - diluted 36,180 36,171","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023017554/0000950170-23-017554-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$ 217,253"},{"label":"Net income","value":"$ 31,078"},{"label":"EPS","value":"$ 0.86"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}