Company WEC Energy Group, Inc.

Equities

WEC

US92939U1060

Electric Utilities

Market Closed - Nyse 04:00:01 2024-04-17 pm EDT 5-day change 1st Jan Change
79.63 USD +2.35% Intraday chart for WEC Energy Group, Inc. -0.11% -5.39%

Business Summary

WEC Energy Group, Inc. is a holding company organized around 3 areas of activity:

- electricity production and distribution (58.9% of sales): near 1.6 million customers in Wisconsin, Michigan and Illinois at the end of 2020. The group also develops steam sale activity;

- distribution of natural gas (39%): 1.5 million customers;

- other (2.1%).

Number of employees: 7,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Utility Operations - Wisconsin
74.5 %
6,961 72.5 % 6,626 74.5 % -4.81%
Utility Operations - Illinois
17.5 %
1,891 19.7 % 1,558 17.5 % -17.62%
Utility Operations - Other States
5.8 %
619 6.4 % 519 5.8 % -16.07%
Non-Utility Energy Infrastructure
2.1 %
127 1.3 % 190 2.1 % +49.69%
Corporate and Other
0.0 %
1 0.0 % 0 0.0 % -80.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
9,597 100.0 % 8,893 100.0 % -7.34%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 -
Director of Finance/CFO 54 20-05-31
Chairman 73 02-12-31
Chief Operating Officer 60 21-11-30
Chief Administrative Officer - 15-06-30
Investor Relations Contact 59 15-06-28
Corporate Officer/Principal - 21-06-30
Corporate Officer/Principal - 19-09-30
Human Resources Officer - 86-12-31
Corporate Officer/Principal - 18-10-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 21-12-31
Director/Board Member 71 03-12-31
Director/Board Member 68 02-12-31
Chairman 73 02-12-31
Director/Board Member 67 19-12-31
Director/Board Member 68 17-12-31
Director/Board Member 54 20-12-31
Director/Board Member 69 18-01-09
Director/Board Member 71 19-06-30
Chief Executive Officer 58 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 315,820,828 315,357,587 ( 99.85 %) 0 99.85 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
13.20 %
41,668,487 13.20 % 3 422 M $
BlackRock Advisors LLC
8.032 %
25,344,597 8.032 % 2 081 M $
17,806,217 5.643 % 1 462 M $
Wells Fargo Bank NA
2.875 %
9,072,308 2.875 % 745 M $
Geode Capital Management LLC
2.312 %
7,294,872 2.312 % 599 M $
Invesco Advisers, Inc.
1.927 %
6,081,006 1.927 % 499 M $
Merrill Lynch International
1.829 %
5,773,001 1.829 % 474 M $
DWS Investment Management Americas, Inc.
1.756 %
5,541,942 1.756 % 455 M $
Magellan Asset Management Ltd.
1.502 %
4,740,436 1.502 % 389 M $
Ameriprise Financial Services LLC
1.317 %
4,154,930 1.317 % 341 M $

Company contact information

WEC Energy Group, Inc.

231 West Michigan Street

53203, Milwaukee

+414 221 2345

http://www.wecenergygroup.com
address WEC Energy Group, Inc.(WEC)

Group companies

NameCategory and Sector
Gas Distributors
Gas Distributors
Electric Utilities
Gas Distributors
Electric Utilities
Gas Distributors
Gas Distributors
Electric Utilities
Miscellaneous Commercial Services

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
79.63 USD
Average target price
87.09 USD
Spread / Average Target
+9.37%
Consensus
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