{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-017707","form_type":"8-K","ticker":"MGEE","cik":"0001161728","company_name":"MGE ENERGY INC","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.530913+00:00","generated_at":"2026-06-05T21:43:27.087106+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"MGE Energy FY2023 net income $117.7M ($3.25 EPS), up from $111.0M ($3.07 EPS) YoY","bullets":["Full-year GAAP EPS $3.25, compared to $3.07 in 2022; Q4 EPS $0.55 vs $0.58.","Red Barn wind project completed April 2023; Badger Hollow II solar project completed December 2023.","Gas retail therm deliveries decreased ~13% for full year and ~15% in Q4 due to warmer weather.","Operating revenues $690.4M for 2023, down from $714.5M in 2022; operating income $146.4M vs $137.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-017707","json":"https://secwatch.observer/filing/0000950170-24-017707.json","markdown":"https://secwatch.observer/filing/0000950170-24-017707.md","text":"https://secwatch.observer/filing/0000950170-24-017707.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1161728/000095017024017707/0000950170-24-017707-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/61339/000095017024017707/mgee-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:43:27.087106+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":"56b095262d13eaf2ee004e9bdc27b7111a1c4a4c","claim":"MGE ENERGY INC reported fourth quarter and full year of 2023 results: net income $117.7 million, EPS $3.25 per share.","evidence_excerpt":"MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the fourth quarter and full year of 2023. MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the full year of 2023 were $117.7 million, or $3.25 per share, compared to $111.0 million, or $3.07 per share, for the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017024017707/0000950170-24-017707-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year of 2023"},{"label":"Net income","value":"$117.7 million"},{"label":"EPS","value":"$3.25 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"605466a0273823813415e6a04e933631f223cd85","claim":"MGE ENERGY INC reported fourth quarter of 2023 results: net income $20.1 million, EPS 55 cents per share.","evidence_excerpt":"MGE Energy's earnings for the fourth quarter of 2023 were $20.1 million, or 55 cents per share, compared to $21.1 million, or 58 cents per share, for the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017024017707/0000950170-24-017707-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Net income","value":"$20.1 million"},{"label":"EPS","value":"55 cents per share"},{"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"}