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 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) to raise its quarterly dividend by 7.1%, totaling the annual dividend to $2.71 per share. Also, it initiates its 2021 earnings guidance.

WEC Energy (WEC) to Reward Shareholders Via 7.1% Dividend Hike

MILWAUKEE, Dec. 3, 2020 /PRNewswire/ -- Cristy Garcia-Thomas, chief external affairs officer for Advocate Aurora Health Inc., has been elected to the board of directors of WEC Energy Group (NYSE:WEC), effective Jan. 1. "We're delighted that Cristy has agreed to serve as a director," said...

Garcia-Thomas elected to WEC Energy Group board of directors

WEC Energy Group Inc. said Thursday it plans to raise its quarterly dividend by 7.1%, to 67.75 cents a share from 63.25 cents a share. The utilities company's new dividend will be payable March 1 to shareholders of record on Feb. 14.

WEC Energy to raise dividend by 7.1%, but will still yield below utilities peer group

MILWAUKEE, Dec. 3, 2020 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company's common stock to 67.75 cents per share in the first quarter of 2021. This would represent an increase of 4.5...

WEC Energy Group announces plan to increase dividend by 7.1 percent

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

WEC Energy (WEC) Down 5.9% Since Last Earnings Report: Can It Rebound?

WEC Energy Group's diluted EPS payout ratio is positioned to be around 67% this fiscal year, which remains sustainable over the long-term. WEC Energy Group has delivered strong operating results through the first 9 months of this fiscal year, with revenues only down 4.8% YoY and diluted EPS up 8.2% YoY.

WEC Energy Group: An Excellent Business Trading At An 18% Premium

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A Contrarian Move For 8.8% Dividends, Fast Upside

On the back of businesses reopening and a favorable weather, WEC Energy's (WEC) Q3 earnings and revenues improve on a year-over-year basis.

WEC Energy's (WEC) Q3 Earnings Surpass, 2020 EPS View Up

WEC Energy Group's (WEC) CEO Kevin Fletcher on Q3 2020 Results - Earnings Call Transcript

WEC Energy (WEC) delivered earnings and revenue surprises of 10.53% and -1.81%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

WEC Energy Group (WEC) Surpasses Q3 Earnings Estimates

MILWAUKEE, Oct. 27, 2020 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2020 third-quarter earnings news release before the stock market opens Tuesday, Nov. 3. A conference call for security analysts is scheduled for the same day at 1 p.m. Central time. To listen to...

WEC Energy Group to announce 2020 third-quarter results Nov. 3

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WEC Energy delivered a strong Q2 2020 despite the outbreak of COVID-19.

WEC Energy's Business Is Resilient Even In The Midst Of A Challenging Environment

WEC Energy's (WEC) Q2 earnings top the Zacks Consensus Estimate. Also, the same inches up on a year-over-year basis owing to rise in residential demand.

WEC Energy (WEC) Q2 Earnings Beat Estimates, Revenues Miss

WEC Energy Group, Inc. (WEC) CEO Kevin Fletcher on Q2 2020 Results - Earnings Call Transcript

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WEC Energy (WEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WEC Energy Group (WEC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

MILWAUKEE, July 28, 2020 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2020 second-quarter earnings news release before the stock market opens Tuesday, Aug.

WEC Energy Group to announce 2020 second-quarter results Aug. 4

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WEC Energy's (WEC) rising customer base is likely to boost sales volumes. Also, continuous capital investments in strengthening infrastructure will allow it to win more customers.

WEC Energy's Capital Investment Bodes Well for Earnings

MILWAUKEE, June 18, 2020 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) has been notified of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC") to purchase up to 1,500,000 shares of WEC Energy Group Stock at a price of $88.88 per share in cash. TRC's offer price...

WEC Energy Group recommends rejection of mini-tender offer from TRC Capital Corporation

Let's focus on a few utility companies that have outperformed the S&P 500 in the year-to-date period and distributed regular dividend to shareholders.

News for WEC Energy Group Stock (WEC)