WEC Energy Group

WEC · NYSE

$108.75+$1.75 (+1.64%)TodayMarket closed ·
Prev close $107.00

About WEC

WEC Energy Group, Inc. is a holding company, which engages in the generation and distribution of electricity and natural gas. The company is headquartered in Milwaukee, Wisconsin and currently employs 7,151 full-time employees. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segments include Wisconsin, Illinois, Other states, Electric transmission, Non-utility energy infrastructure, and Corporate and other segment. The Wisconsin segment is engaged in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and distributes natural gas to customers located in the Upper Peninsula of Michigan. The Illinois segment is engaged in the distribution of natural gas in Illinois. Other states segment engaged primarily in the distribution of natural gas in Minnesota and Michigan. The non-utility energy infrastructure segment consists of We Power, which owns electric power-generating facilities, and Bluewater, which owns underground natural gas storage facilities in Michigan.

Employees
7,151
Headquarters
Milwaukee, Wisconsin
Listed
Nov 21, 1947
Sector
Utilities
Industry
Multi-Utilities

Leadership

WEC Energy Group executives
NameTitleSince
Gale Klappa—2003
Scott Lauber—2016
Xia Liu——
Michael Hooper——
Margaret Kelsey——
Robert Garvin——
Mary Straka——
William Guc——
Anthony Reese——
Joshua Erickson——
Daniel Krueger——
William Mastoris——
Molly Mulroy——
Thomas Lane——
Warner Baxter——
Ave Bie——
Danny Cunningham——
William Farrow——
Cristina Garcia-Thomas——
Maria Green——
John Lange——
Ulice Payne——
Mary Stanek——
Glen Tellock——

Revenue by product and region

Fiscal year ended Dec 31, 2020: $7.24B total revenue

By product

  • Total regulated revenues$7.18B99.1%
  • Total regulated revenues$5.47B75.6%
  • Total regulated revenues$1.32B18.3%
  • Total regulated revenues$384.10M5.3%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

WEC Energy Group suppliers and customers
CompanyRelationshipCorrelation
Duke Energy DUKSupplier and customer0.93
Southern SOSupplier0.93
Alliant Energy LNTSupplier and customer0.82
Southwest Gas Holdings SWXSupplier0.81
MGE Energy MGEESupplier and customer0.79
CMS Energy CMSSupplier0.74
DTE Energy DTESupplier0.73
Berkshire Hathaway B BRK.BSupplier0.69
Cleveland-Cliffs Inc. CLFCustomer0.68
RCM Technologies RCMTSupplier0.67

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