Craft

WEC Energy Group

Stock Price

$82

2023-09-05

Market Capitalization

$25.9 B

2023-09-05

Revenue

$9.6 B

FY, 2022

WEC Energy Group Summary

Company Summary

Overview
WEC Energy Group is an electric generation and distribution and natural gas delivery holding company. It operates Michigan Gas Utilities, Minnesota Energy Resources, North Shore Gas, Peoples Gas, Upper Michigan Energy Resources, We Energies, and Wisconsin Public Service subsidiaries. The subsidiaries are engaged in providing regulated electricity and gas services as well as nonregulated renewable energy.
Type
Public
Status
Active
Founded
1981
HQ
Milwaukee, WI, US | view all locations
Website
https://www.wecenergygroup.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Scott J. Lauber

    Scott J. Lauber, President and Chief Executive Officer, Director

  • Charles Matthews

    Charles Matthews, President and Chief Executive Officer – Peoples Gas and North Shore Gas

  • Xia Liu

    Xia Liu, Executive Vice President and Chief Financial Officer

  • Margaret C. Kelsey

    Margaret C. Kelsey, Executive Vice President, General Counsel and Corporate Secretary, Compliance Officer

Operating MetricsView all

Wind Generating Capacity, MW

1.3K
29.0%

FY, 2022

Natural Gas Customers (Illinois Segment)

1M

FY, 2022

Natural Gas Customers (Transport, Illinois Segment)

66.4K
2.8%

FY, 2022

LocationsView all

1 location detected

  • Milwaukee, WI HQ

    United States

    231 W Michigan St

WEC Energy Group Financials

Summary Financials

Revenue (Q2, 2023)
$1.8B
Gross profit (Q2, 2023)
$1.3B
Net income (Q2, 2023)
$290.0M
Cash (Q2, 2023)
$54.7M
EBIT (Q2, 2023)
$425.3M
Enterprise value
$43.9B

Footer menu