MGE Energy Management
Management criteria checks 3/4
MGE Energy's CEO is Jeff Keebler, appointed in Mar 2017, has a tenure of 7.75 years. total yearly compensation is $2.57M, comprised of 27.7% salary and 72.3% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth $414.36K. The average tenure of the management team and the board of directors is 7.8 years and 6.8 years respectively.
Key information
Jeff Keebler
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 27.7% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 7.8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt
Dec 05
MGE Energy (NASDAQ:MGEE) Has Some Way To Go To Become A Multi-Bagger
Nov 05What MGE Energy, Inc.'s (NASDAQ:MGEE) P/E Is Not Telling You
Sep 30These 4 Measures Indicate That MGE Energy (NASDAQ:MGEE) Is Using Debt Extensively
Aug 19MGE Energy: Buy This Dividend Champion While It's On Sale
Aug 16MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward
Aug 01MGE Energy, Inc.'s (NASDAQ:MGEE) Share Price Not Quite Adding Up
Jul 01Do MGE Energy's (NASDAQ:MGEE) Earnings Warrant Your Attention?
May 24MGE Energy: Now No Longer A Hidden Gem Utility
May 14MGE Energy (NASDAQ:MGEE) Has A Somewhat Strained Balance Sheet
May 03Investors Met With Slowing Returns on Capital At MGE Energy (NASDAQ:MGEE)
Apr 13MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't
Mar 25MGE Energy: Buy This State Utility Now
Mar 01MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't
Dec 20Slowing Rates Of Return At MGE Energy (NASDAQ:MGEE) Leave Little Room For Excitement
Nov 28Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden
Nov 07Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors
Sep 14MGE Energy's (NASDAQ:MGEE) Dividend Will Be Increased To $0.4275
Aug 24MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward
Aug 01We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Jul 13Here's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of Return
Apr 26Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Apr 07Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors
Mar 11We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Dec 26Returns At MGE Energy (NASDAQ:MGEE) Appear To Be Weighed Down
Nov 22MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt
Sep 15MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year
Aug 23MGE Energy Q2 GAAP EPS, revenue up Y/Y
Aug 04MGE Energy: Moving With The Times
Jul 06There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital
Jun 25With EPS Growth And More, MGE Energy (NASDAQ:MGEE) Is Interesting
Mar 30MGE Energy: Solid With Enduring Dividend Growth
Mar 14There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital
Feb 25We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt
Jan 15MGE Energy: Historically High Multiple Likely To Continue To Underpin Share Price
Nov 30MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 29Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal
Nov 22MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year
Oct 21Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Oct 14MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23Return Trends At MGE Energy (NASDAQ:MGEE) Aren't Appealing
Aug 17MGEE: Continues To Deliver Value
Jun 30Is MGE Energy (NASDAQ:MGEE) A Risky Investment?
Jun 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$119m |
| Jun 30 2024 | n/a | n/a | US$116m |
| Mar 31 2024 | n/a | n/a | US$120m |
| Dec 31 2023 | US$3m | US$711k | US$118m |
| Sep 30 2023 | n/a | n/a | US$119m |
| Jun 30 2023 | n/a | n/a | US$115m |
| Mar 31 2023 | n/a | n/a | US$108m |
| Dec 31 2022 | US$2m | US$672k | US$111m |
| Sep 30 2022 | n/a | n/a | US$103m |
| Jun 30 2022 | n/a | n/a | US$104m |
| Mar 31 2022 | n/a | n/a | US$105m |
| Dec 31 2021 | US$3m | US$643k | US$106m |
| Sep 30 2021 | n/a | n/a | US$108m |
| Jun 30 2021 | n/a | n/a | US$105m |
| Mar 31 2021 | n/a | n/a | US$101m |
| Dec 31 2020 | US$3m | US$620k | US$92m |
| Sep 30 2020 | n/a | n/a | US$93m |
| Jun 30 2020 | n/a | n/a | US$92m |
| Mar 31 2020 | n/a | n/a | US$89m |
| Dec 31 2019 | US$2m | US$592k | US$87m |
| Sep 30 2019 | n/a | n/a | US$87m |
| Jun 30 2019 | n/a | n/a | US$85m |
| Mar 31 2019 | n/a | n/a | US$88m |
| Dec 31 2018 | US$2m | US$521k | US$84m |
| Sep 30 2018 | n/a | n/a | US$104m |
| Jun 30 2018 | n/a | n/a | US$101m |
| Mar 31 2018 | n/a | n/a | US$98m |
| Dec 31 2017 | US$2m | US$440k | US$98m |
Compensation vs Market: Jeff's total compensation ($USD2.57M) is below average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jeff Keebler (52 yo)
7.8yrs
Tenure
US$2,566,797
Compensation
Mr. Jeffrey M. Keebler, also known as Jeff, serves as President and Chief Executive Officer of Madison Gas and Electric Company (“MGE”) and has been its Chairman of the Board since October 01, 2018. Mr. Ke...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$2.57m | 0.012% $ 414.4k | |
| VP, CFO & Treasurer | 4.3yrs | US$820.88k | 0.0029% $ 97.9k | |
| VP, General Counsel & Secretary | 9.1yrs | US$832.72k | 0.0027% $ 91.8k | |
| President of Marketing & Communications | 24.8yrs | US$1.01m | 0.026% $ 871.8k | |
| Assistant Vice President of Accounting & Controller | less than a year | no data | no data | |
| Assistant VP & Chief Information Officer | no data | no data | no data | |
| Director - Shareholder Services and Treasury Management | no data | no data | no data | |
| Assistant Vice President of Human Resources | no data | no data | no data |
7.8yrs
Average Tenure
50yo
Average Age
Experienced Management: MGEE's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$2.57m | 0.012% $ 414.4k | |
| Director | 24.9yrs | US$157.00k | 0.057% $ 1.9m | |
| Independent Director | 6.8yrs | US$160.00k | 0.028% $ 956.2k | |
| Independent Director | 16.8yrs | US$161.50k | 0.014% $ 470.9k | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Lead Independent Director | 15.1yrs | US$171.00k | 0.012% $ 388.5k | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | 6.8yrs | US$170.00k | 0.0031% $ 105.3k | |
| Independent Director | 3.3yrs | US$155.50k | 0.000070% $ 2.4k |
6.8yrs
Average Tenure
63yo
Average Age
Experienced Board: MGEE's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:22 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MGE Energy, Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Parker | Baird |
| Julien Dumoulin-Smith | BofA Global Research |
| Nathan Bates | D.A. Davidson & Co. |