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 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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MILWAUKEE , Oct. 25, 2022 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2022 third-quarter earnings news release before the stock market opens Tuesday, Nov. 1. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.

WEC Energy Group to announce 2022 third-quarter results Nov. 1

MILWAUKEE , Oct. 20, 2022 /PRNewswire/ -- Ave M. Bie, a business law, utilities and energy attorney, has been appointed to the board of directors of WEC Energy Group (NYSE:WEC).

Ave Bie elected to WEC Energy Group board of directors

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WEC Energy (WEC) is poised for growth with systematic capital investments and an expanding customer base. However, its dependence on operating units and regulations are headwinds.

WEC Energy (WEC) Gains on Investments & Debt Management

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WEC Energy is one of the top names in the utility segment for consistently high earnings growth and shareholder returns. Increased vehicle electrification and business expansion in Wisconsin serve as tailwinds for the utility.

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

Why Is WEC Energy (WEC) Down 0.9% Since Last Earnings Report?

MILWAUKEE , Aug. 29, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today released its 2021 Corporate Responsibility Report and Climate Report. The Corporate Responsibility Report provides a comprehensive overview of the company's environmental, social and governance (ESG) performance, while the Climate Report further describes the company's governance, strategy and risk management related to climate change.

WEC Energy Group's Climate Report and Corporate Responsibility Report highlight sustainable progress

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WEC Energy (WEC) possesses solid growth attributes, which could help it handily outperform the market.

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WEC Energy's (WEC) second-quarter earnings beat estimates. The company raises its earnings per share guidance for 2022.

WEC Energy (WEC) Beats Q2 Earnings Estimates, Ups 2022 View

WEC Energy Group, Inc. (NYSE:WEC ) Q2 2022 Earnings Conference Call August 2, 2022 2:00 PM ET Company Participants Gale Klappa - Executive Chairman Scott Lauber - President & Chief Executive Officer Xia Liu - Executive Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Bank of America Durgesh Chopra - Evercore Jeremy Tonet - JPMorgan Michael Sullivan - Wolfe Research Anthony Crowdell - Mizuho Sophie Karp - KeyBanc Michael Lapides - Goldman Sachs Andrew Weisel - Scotia Howard Weil Paul Patterson - Glenrock Associates Operator Good afternoon and welcome to WEC Energy Group's Conference Call for Second Quarter 2022 Results. This call is being recorded for rebroadcast.

WEC Energy Group, Inc. (WEC) CEO Scott Lauber on Q2 2022 Results - Earnings Call Transcript

WEC Energy (WEC) delivered earnings and revenue surprises of 5.81% and 22.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

WEC Energy Group (WEC) Q2 Earnings and Revenues Surpass Estimates

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MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE:BMI) today announced that Xia Liu, Executive Vice President and Chief Financial Officer of WEC Energy Group (NYSE:WEC), has been appointed to its Board of Directors. The appointment of Ms. Liu increases the size of the Board to ten members. Ms. Liu joined WEC Energy Group in her current role in June 2020 having overall responsibility for strategic and long-range financial planning, corporate forecasting and budgeting, investor relations, trea

Badger Meter Appoints Ms. Xia Liu to Its Board of Directors

MILWAUKEE, July 26, 2022 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2022 second-quarter earnings news release before the stock market opens Tuesday, Aug. 2. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.

WEC Energy Group to announce 2022 second-quarter results Aug. 2

WEC Energy (WEC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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News for WEC Energy Group Stock (WEC)