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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
- Cybersecurity rating
- ESG rating
Table of Contents
Key People
Charles Matthews, President and Chief Executive Officer – Peoples Gas and North Shore Gas
Xia Liu, Executive Vice President and Chief Financial Officer
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
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