WEC Energy Group

WEC Energy Group, Inc. is a holding company, which engages in the generation and distribution of electricity and natural gas. It operates through the following segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure and Corporate & Other. The Wisconsin segment refers to the electric and gas utility operations. The Illinois segment deals with natural gas utility and non-utility activities. The Other States segment pertains to natural gas operations of the firm's subsidiaries. The Electric Transmission segment holds interests in state regulatory commissions. The Non-Utility Energy Infrastructure segment includes Wisconsin Electric Power, which owns and leases generating facilities. The Corporate and Other segment refers to the firm's administrative and holding activities. The company was founded in 1981 and is headquartered in Milwaukee, WI.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

WEC Energy Group posts robust earnings, eyes renewables for growth

WEC Energy Group's Q4 2022 earnings call highlighted strong financial performance, credit support, and strategic investments in renewables and infrastructure. Despite challenges like material shortages, the company remains optimistic about growth opportunities through acquisitions and innovative projects.

WEC Energy Group reports Q1 earnings impacted by mild weather

WEC Energy Group navigates mild weather impacts with initiatives to offset earnings. Focus on ESG investments and zero-carbon projects for sustainable growth. Challenges in demand trends and gas heating transition balanced by opportunities in earnings growth and solar investments.

WEC Energy Group meets Q2 earnings, focuses on innovation and growth

WEC Energy Group reports solid Q2 earnings in line with yearly guidance, emphasizing financial discipline and customer satisfaction. Strategic initiatives with Microsoft and regulatory progress highlight the company's commitment to innovation and growth. Challenges include managing equity issuance and regulatory complexities, while opportunities lie in renewable energy expansion and operational efficiency.

WEC Energy Group reports solid Q3 earnings and accelerates ESG investments

WEC Energy Group's performance in Q3 met expectations with a strong focus on ESG investments and renewable energy transition.
The company's strengths lie in its improving balance sheet metrics, strategic capital reallocation, and tax credit expectations.
Challenges include managing one-time expenses, regulatory hurdles in transitioning to natural gas, and aligning rate changes with inflation.
Opportunities include investments in renewables, leveraging economic growth, and potential O&M upside for a robust fourth quarter.

WEC Energy Group reports solid earnings, eyes growth in renewables

WEC Energy Group delivered strong financial performance in 2023 despite setbacks in Illinois. The company is focused on enhancing its infrastructure and customer satisfaction while navigating regulatory challenges. Opportunities for growth lie in expanding capital investments in Wisconsin and renewable energy projects.

WEC Energy Group exceeds Q1 earnings, invests in sustainability

WEC Energy Group's strong financial performance and strategic investments position it well for future growth and sustainability goals.
While facing challenges in cost management and customer-specific sales, the company has opportunities for revenue growth and operational enhancements.
Navigating regulatory changes and stakeholder expectations will be key, but the company's focus on reliability and cleaner energy sources is a strength.
Overall, WEC Energy Group's proactive approach to investments and operational improvements bodes well for its long-term success in a dynamic energy landscape.

WEC Energy Group surpasses Q2 earnings expectations, eyes sustainable growth

WEC Energy Group delivered strong financial performance in Q2 2024, exceeding earnings guidance and maintaining a positive outlook for the full year. The company's strategic investments in renewable energy and proactive approach to regulatory matters position it well for future growth. While facing challenges like project delays, WEC Energy Group remains focused on sustainable operations and shareholder value.

WEC Energy Group posts solid Q3 earnings, commits to renewable growth

WEC Energy Group's Q3 performance and strategic outlook reflect stability, growth, and commitment to sustainable energy solutions.
While facing challenges in cost considerations and regulatory engagements, the company is well-positioned to capitalize on growth opportunities.
By balancing financial sources, focusing on renewable energy investments, and planning for rate base growth, WEC Energy Group aims for long-term success.
The company's emphasis on carbon-free generation, infrastructure investments, and financial prudence underpins its resilience and strategic vision.

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WEC Energy (WEC) reported earnings 30 days ago. What's next for the stock?

WEC Energy (WEC) Up 0.1% Since Last Earnings Report: Can It Continue?

CHICAGO, Aug. 5, 2021 /PRNewswire/ -- United Way of Metro Chicago today opened applications for their new United Neighborhoods Equity Fund (UNEF). UNEF aims to support small, Black and brown-led nonprofits predominantly located on the city's south and west sides and south suburban region, and connect them to new investment opportunities.

United Way of Metro Chicago announces United Neighborhoods Equity Fund

WEC Energy's (WEC) Q2 earnings and revenues impress investors with better-than-estimated results. Also, both increase on a year-over-year basis.

WEC Energy's (WEC) Q2 Earnings Beat Mark, Revenues Rise Y/Y

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WEC Energy Group, Inc. (WEC) CEO Kevin Fletcher on Q2 2021 Results - Earnings Call Transcript

WEC Energy (WEC) delivered earnings and revenue surprises of 10.13% and 2.14%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

WEC Energy Group (WEC) Beats Q2 Earnings and Revenue Estimates

Shares of WEC Energy Gr (NYSE:WEC) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 14.47% over the past year to $0.87, which beat the estimate of $0.78.

WEC Energy: Q2 Earnings Insights

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We provide a summary of upcoming ex-dividend dates in a quick reference table. The table includes relevant data and key statistics as well as the next payout and pay date.

Upcoming Ex-Dividend Dates: August 3-16, 2021

MILWAUKEE, July 27, 2021 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2021 second-quarter earnings news release before the stock market opens Tuesday, Aug. 3. A conference call for security analysts is scheduled for the same day at 1 p.m.

WEC Energy Group to announce 2021 second-quarter results Aug. 3

MILWAUKEE, July 27, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Sapphire Sky Wind Energy Center. Located in McLean County, Illinois, the project is being developed by Invenergy — a leading global developer and operator of sustainable energy solutions.

WEC Energy Group to acquire 90% ownership of Sapphire Sky Wind Energy Center

MILWAUKEE, July 26, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today released its 2020 Corporate Responsibility Report, a comprehensive overview of the company's environmental, social and governance (ESG) performance. The report details progress made by WEC Energy Group and its family of companies on major projects and sustainability goals.

WEC Energy Group Corporate Responsibility Report highlights commitment to affordable, reliable and clean energy

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WEC Energy is a Midwestern electric and natural gas utility holding company with an A- S&P credit rating and 18 consecutive years of dividend growth. Executive Chairman Gale Klappa was brought back from retirement when his successor experienced a medical setback. He leads an Office of the Chair team of 4.

Dividend Sleuthing: WEC Energy

MILWAUKEE, July 13, 2021 /PRNewswire/ -- We Energies is being recognized as the nation's top energy company by the businesses it serves. We Energies received the highest score on the 2021 Trusted Business Partner Brand Trust Index in a nationwide study by Escalent, a top human behavior and analytics advisory firm.

We Energies named the nation's most trusted energy company by business customers

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Peoples Gas honored as one of nation's most trusted energy companies

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WEC Energy (WEC) Down 5% Since Last Earnings Report: Can It Rebound?

WEC announced new plans to accelerate its Carbon Reduction Goals. $16.1B in new spending along with supportive regulators will support further growth in earnings.

WEC Energy Group Jumps Further On ESG Bandwagon: Targeting Net Zero Carbon Reduction By 2050

MILWAUKEE, May 6, 2021 /PRNewswire/ -- At WEC Energy Group's (NYSE: WEC) virtual annual meeting of stockholders today, Executive Chairman Gale Klappa and President and CEO Kevin Fletcher highlighted how the company's focus on affordable, reliable and clean energy turned resilience into results for stockholders, customers and communities. They also emphasized the company's commitment to diversity and inclusion while pointing to achievements in financial performance, network reliability and infrastructure upgrades.

Klappa, Fletcher review a challenging year - turning resilience into results

WEC Energy's (WEC) Q1 earnings impress investors with better-than-estimated results. Also, the quarter records higher customer volumes.

WEC Energy's (WEC) Q1 Earnings & Revenues Beat, Rise Y/Y

MILWAUKEE, May 4, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) unveiled aggressive new carbon dioxide and methane reduction goals this week. The company is committing to a 60 percent reduction in carbon emissions by 2025 from its electric generation fleet and an 80 percent reduction by the end of 2030.

WEC Energy Group sets industry-leading environmental goals

WEC Energy Group, Inc. (WEC) CEO Kevin Fletcher on Q1 2021 Results - Earnings Call Transcript

News for WEC Energy Group Stock (WEC)