WEC Energy Group Inc
NYSE:WEC

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WEC Energy Group Inc
NYSE:WEC
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Price: 93.41 USD -1.41% Market Closed
Market Cap: 29.6B USD
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WEC Energy Group Inc
Investor Relations

In the heartland of America's Midwest, WEC Energy Group Inc. operates as a cornerstone utility company, weaving a complex web of energy solutions that power millions of homes and businesses. Born from the 2015 merger of two longstanding giants, Wisconsin Energy Corporation and Integrys Energy Group, WEC has become one of the nation's premier electric and natural gas delivery firms. At its core, WEC Energy navigates a dynamic energy landscape by leveraging its vast network of subsidiaries, including Wisconsin Electric Power Company and Peoples Gas, to provide reliable services in Illinois, Wisconsin, Michigan, and Minnesota. This diverse geographical footprint allows WEC to mitigate regional risks and maintain steady cash flows amid regulatory challenges and fluctuating energy demands.

WEC Energy Group makes money by ensuring that electricity and natural gas flow seamlessly to its customers. The company primarily operates under a regulated utility model, which offers it a measure of stability through set rates approved by public service commissions. These tariffs enable WEC to earn a predictable return on its substantial infrastructure investments, which include maintaining, upgrading, and expanding its distribution systems. Additionally, WEC explores renewable energy avenues to meet evolving regulatory frameworks and consumer expectations, investing in solar and wind projects. This strategic emphasis not only positions the company to capture emerging growth opportunities but also reflects a prudent approach to long-term sustainability, balancing traditional energy operations with the future of green energy.

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Earnings Calls

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Management

Mr. Scott J. Lauber CPA
President, CEO & Director
No Bio Available
Ms. Xia Liu C.F.A.
Executive VP & CFO
No Bio Available
Ms. Margaret C. Kelsey
EVP, General Counsel, Corporate Secretary & Compliance Officer
No Bio Available
Mr. Robert M. Garvin
Executive Vice President of External Affairs
No Bio Available
Mr. William Mastoris
Executive Vice President of Customer Service & Operations
No Bio Available
Mr. William J. Guc
VP, Controller & Principal Accounting Officer
No Bio Available
Ms. Molly A. Mulroy
Executive VP & Chief Administrative Officer
No Bio Available
Ms. Mary Beth Straka CPA
Senior Vice President of Corporate Communications & Investor Relations
No Bio Available
Mr. James A. Schubilske
VP & Chief Audit Officer
No Bio Available
Mr. Daniel P. Krueger
Executive Vice President of WEC Infrastructure & Generation Planning
No Bio Available

Contacts

Address
WISCONSIN
Milwaukee
PO Box 1331, 231 W Michigan St
Contacts