WEC Energy Group Overview

  • Year Founded
  • 1896

Year Founded

  • Status
  • Public

  • Employees
  • 7,000

Employees

  • Stock Symbol
  • WEC

Stock Symbol

  • Investments
  • 21

  • Share Price
  • $80.34
  • (As of Thursday Closing)

WEC Energy Group General Information

Description

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.

Contact Information

Formerly Known As
Wisconsin Energy Corp
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Holding Companies
Other Industries
Electric Utilities
Multi-Utilities
Stock Exchange
NYS
Corporate Office
  • PO Box 1331
  • Milwaukee, WI 53201
  • United States
+1 (414) 000-0000

WEC Energy Group Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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WEC Energy Group Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$80.34 $78.19 $75.13 - $93.37 $25.4B 316M 2.02M $4.58

WEC Energy Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 45,037,506 45,070,224 46,124,642 45,475,030
Revenue 8,685,100 8,893,000 9,597,400 8,316,000
EBITDA 3,703,700 3,527,400 3,370,300 3,044,200
Net Income 1,447,700 1,332,900 1,409,300 1,301,500
Total Assets 43,927,200 43,939,700 41,872,100 38,988,500
Total Debt 18,590,500 18,797,900 17,294,500 15,590,100
Public Fundamental Data provided by Morningstar, Inc. disclaimer

WEC Energy Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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WEC Energy Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota
Holding Companies
Milwaukee, WI
7,000 As of 2023
00.00
000000000 00.00

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00000-000000000
Madison, WI
0000 As of 0000
00.000
000000000 00 00.000

000

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0000000 000000000
Allentown, PA
0000 As of 0000
00.000
000000000 00 00.000
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WEC Energy Group Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Alliant Energy Private Debt Financed Madison, WI 0000 00.000 000000000 00 00.000
PPL Private Debt Financed Allentown, PA 0000 00.000 000000000 00 00.000
Northwestern Corporation Sioux Falls, SD 0000 00000 000000000 - 00000
Duke Energy Corporation Charlotte, NC 00000 000.00 000000000 00 000.00
American Electric Power Company Corporation Columbus, OH 00000 00.000 000000000 00 00.000
You’re viewing 5 of 18 competitors. Get the full list »

WEC Energy Group Executive Team (16)

Name Title Board Seat Contact Info
Scott Lauber President, Chief Executive Officer and Board Member
Xia Liu Chief Financial Officer, Finance & Executive Vice President
William Guc Chief Accounting Officer, Accounting & Controller, Finance
Margaret Kelsey JD Executive Vice President & General Counsel, Legal
Robert Garvin JD Executive Vice President
You’re viewing 5 of 16 executive team members. Get the full list »

WEC Energy Group Board Members (16)

Name Representing Role Since
00000000 000000-00 WEC Energy Group Board Member 000 0000
0000 000000 Self Board Member 000 0000
00000 0000000000 WEC Energy Group Board Member 000 0000
0000 000000 WEC Energy Group Chairman & Board Member 000 0000
0000 0000000 Self Board Member 000 0000
You’re viewing 5 of 16 board members. Get the full list »

WEC Energy Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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WEC Energy Group Investments & Acquisitions (21)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
WEC Energy Group (300-megawatt Project Located Approximately 140 Miles Northeast Of Dallas, Texas) 29-Apr-2024 000000000 00000 Other Energy 0000 0000
WEC Energy Group (High Noon Solar Energy Center in Colombia) 21-Feb-2024 000000000 Other Energy
WEC Energy Group (100 MW Ground-Mounted Photovoltaic Solar Power Generating Facility) 31-Jan-2024 000000000 Other Energy
Samson I 01-Jan-2024 000000000 Other Energy
Darien Solar Energy Center 24-May-2023 Corporate Asset Purchase 00000 Other Energy
You’re viewing 5 of 21 investments and acquisitions. Get the full list »

WEC Energy Group Subsidiaries (6)

Company Name Industry Location Founded
WEC Energy Group Retirement Plan for Integrys Holding Corporate Pension Milwaukee, WI 2017
WEC Energy Group Employee Retirement Savings Plan Corporate Pension Milwaukee, WI 0000
We Energies Other Energy Milwaukee, WI 0000
Wisconsin Public Service Multi-Utilities Green Bay, WI 0000
North Shore Gas Energy Transportation Chicago, IL
You’re viewing 5 of 6 subsidiaries. Get the full list »

WEC Energy Group ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

22.78 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.00

Percentile

Utilities

Industry

00 of 682

Rank

00.00

Percentile

Multi-Utilities

Subindustry

00 of 105

Rank

00.00

Percentile

To view WEC Energy Group’s complete esg history, request access »

WEC Energy Group Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
Invenergy (250 Megawatt Maple Flats Solar Energy Projects in Clay County, Illinois) 31-Oct-2022 000000000 00000 00 00000 Completed
  • 000 000000 00000
Edison Sault Electric Company 01-Jan-1998 000000000000000000 Completed
  • 000 000000 00000
Blackhawk Energy Services Joint Venture Completed
  • 2 buyers
To view WEC Energy Group’s complete exits history, request access »

WEC Energy Group FAQs

  • When was WEC Energy Group founded?

    WEC Energy Group was founded in 1896.

  • Who is the CEO of WEC Energy Group?

    Scott Lauber is the CEO of WEC Energy Group.

  • Where is WEC Energy Group headquartered?

    WEC Energy Group is headquartered in Milwaukee, WI.

  • What is the size of WEC Energy Group?

    WEC Energy Group has 7,000 total employees.

  • What industry is WEC Energy Group in?

    WEC Energy Group’s primary industry is Holding Companies.

  • Is WEC Energy Group a private or public company?

    WEC Energy Group is a Public company.

  • What is WEC Energy Group’s stock symbol?

    The ticker symbol for WEC Energy Group is WEC.

  • What is the current stock price of WEC Energy Group?

    As of 11-Jul-2024 the stock price of WEC Energy Group is $80.34.

  • What is the current market cap of WEC Energy Group?

    The current market capitalization of WEC Energy Group is $25.4B.

  • What is WEC Energy Group’s current revenue?

    The trailing twelve month revenue for WEC Energy Group is $8.69B.

  • Who are WEC Energy Group’s competitors?

    Alliant Energy, PPL, Northwestern, Duke Energy, and American Electric Power Company are some of the 18 competitors of WEC Energy Group.

  • What is WEC Energy Group’s annual earnings per share (EPS)?

    WEC Energy Group’s EPS for 12 months was $4.58.

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