WEC Energy Group Inc
NYSE:WEC

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WEC Energy Group Inc
NYSE:WEC
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Price: 99.03 USD 0.65% Market Closed
Market Cap: 31.3B USD

WEC Energy Group Inc
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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WEC Energy Group Inc
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
WEC Energy Group Inc
NYSE:WEC
Cash & Cash Equivalents
$322.5m
CAGR 3-Years
131%
CAGR 5-Years
74%
CAGR 10-Years
14%
Public Service Enterprise Group Inc
NYSE:PEG
Cash & Cash Equivalents
$203m
CAGR 3-Years
-52%
CAGR 5-Years
11%
CAGR 10-Years
-12%
Sempra Energy
NYSE:SRE
Cash & Cash Equivalents
$560m
CAGR 3-Years
-14%
CAGR 5-Years
40%
CAGR 10-Years
-2%
DTE Energy Co
NYSE:DTE
Cash & Cash Equivalents
$969m
CAGR 3-Years
162%
CAGR 5-Years
66%
CAGR 10-Years
32%
Consolidated Edison Inc
NYSE:ED
Cash & Cash Equivalents
$93m
CAGR 3-Years
12%
CAGR 5-Years
4%
CAGR 10-Years
-8%
Dominion Energy Inc
NYSE:D
Cash & Cash Equivalents
$1.8B
CAGR 3-Years
114%
CAGR 5-Years
36%
CAGR 10-Years
23%

WEC Energy Group Inc
Glance View

Economic Moat
None
Market Cap
31.3B USD
Industry
Utilities

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.

WEC Intrinsic Value
118.99 USD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is WEC Energy Group Inc's Cash & Cash Equivalents?
Cash & Cash Equivalents
322.5m USD

Based on the financial report for Sep 30, 2024, WEC Energy Group Inc's Cash & Cash Equivalents amounts to 322.5m USD.

What is WEC Energy Group Inc's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 10Y
14%

Over the last year, the Cash & Cash Equivalents growth was 603%. The average annual Cash & Cash Equivalents growth rates for WEC Energy Group Inc have been 131% over the past three years , 74% over the past five years , and 14% over the past ten years .

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