-0.19%
5.61%
3.86%
11.88%
21.37%
4.31%
-1.62%
AI Spotlight on WEC
Company Description
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States.The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other.It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam.
As of December 31, 2021, it operated approximately 35,800 miles of overhead distribution lines and 35,600 miles of underground distribution cables, as well as 440 electric distribution substations and 510,500 line transformers; 50,900 miles of natural gas distribution mains; 1,200 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields.The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc.in June 2015.
WEC Energy Group, Inc.was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.
Market Data
| Last Price | 99.26 |
| Change Percentage | -0.19% |
| Open | 99.33 |
| Previous Close | 99.45 |
| Market Cap ( Millions) | 31401 |
| Volume | 4607978 |
| Year High | 102.79 |
| Year Low | 75.13 |
| M A 50 | 96.96 |
| M A 200 | 90.2 |
Financial Ratios
| FCF Yield | 1.16% |
| Dividend Yield | 3.36% |
| ROE | 10.75% |
| Debt / Equity | 159.42% |
| Net Debt / EBIDTA | 527.79% |
| Price To Book | 2.59 |
| Price Earnings Ratio | 24.27 |
| Price To FCF | 86.15 |
| Price To sales | 3.68 |
| EV / EBITDA | 14.01 |
News
- Jan -31 - IBDRY vs. WEC: Which Stock Should Value Investors Buy Now?
- Jan -28 - WEC Energy Group to announce 2024 fourth-quarter and year-end financial results Feb. 4
- Jan -25 - SVN McDonald & Co. Releases “The WEC Effect” Report: Exploring the Impact of the World Equestrian Center on Marion County Land Values
- Jan -16 - Wisconsin Electric declares quarterly dividends
- Jan -16 - WEC Energy Group raises quarterly dividend by 6.9 percent
- Jan -15 - IBDRY or WEC: Which Is the Better Value Stock Right Now?
- Jan -07 - Down -5.14% in 4 Weeks, Here's Why You Should You Buy the Dip in WEC Energy (WEC)
- Jan -03 - My Top 10 Utilities For 2025
- Jan -02 - My Top 10 High-Yield Dividend Stocks For January 2025
- Dec -30 - Here's Why You Should Add WEC Energy Stock to Your Portfolio Now
- Dec -27 - All You Need to Know About WEC Energy (WEC) Rating Upgrade to Buy
- Dec -20 - ETR or WEC: Which Is the Better Value Stock Right Now?
- Dec -19 - WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
- Dec -19 - WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior Notes
- Dec -09 - Bocanegra named president -- Peoples Gas and North Shore Gas
- Dec -06 - WEC Energy to Boost Shareholder Value With 6.9% Dividend Hike in 2025
- Dec -06 - 3 Utility Stocks That Will Benefit from Less Regulation
- Dec -05 - WEC Energy Group Announces Cash Tender Offer for up to $350 Million of its Outstanding Senior Notes
- Dec -05 - WEC Energy Group announces plan to increase dividend by 6.9 percent
- Nov -27 - WEC Energy: A Consistent Dividend Grower To Buy Now
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Utility Operations - Wisconsin
Expected Growth : 4.0 %
What the company do ?
Utility Operations - Wisconsin is a segment of WEC Energy Group, Inc. that provides electric and natural gas services to customers in Wisconsin.
Why we expect these perspectives ?
WEC Energy Group's Utility Operations in Wisconsin, with a 4.0% growth rate, is driven by increasing electricity demand from industrial and commercial customers, investments in grid modernization and renewable energy, and favorable regulatory environment. Additionally, Wisconsin's growing economy and population contribute to the segment's growth.
Segment n°2 -> Utility Operations - Illinois
Expected Growth : 3.8 %
What the company do ?
Utility Operations - Illinois from WEC Energy Group, Inc. provides electric and natural gas services to customers in Illinois, ensuring reliable energy supply and grid management.
Why we expect these perspectives ?
WEC Energy Group's Utility Operations in Illinois, with a 3.8% growth, is driven by increasing electricity demand from industrial and commercial customers, investments in grid modernization, and rate base growth from infrastructure upgrades. Additionally, favorable regulatory environment and weather normalization also contribute to the segment's growth.
Segment n°3 -> Utility Operations - Other States
Expected Growth : 3.9 %
What the company do ?
Utility Operations - Other States from WEC Energy Group, Inc. refers to the company's electricity and natural gas operations in states outside of Wisconsin.
Why we expect these perspectives ?
WEC Energy Group's Utility Operations - Other States segment growth of 3.9% is driven by increasing electricity demand, favorable weather conditions, and strategic investments in grid modernization and renewable energy sources. Additionally, rate base growth and constructive regulatory outcomes contribute to the segment's expansion.
Segment n°4 -> Non-Utility Energy Infrastructure
Expected Growth : 4.2 %
What the company do ?
Non-Utility Energy Infrastructure from WEC Energy Group, Inc. refers to the company's investments in energy-related businesses outside of its regulated utility operations, such as renewable energy and energy storage projects.
Why we expect these perspectives ?
WEC Energy Group's Non-Utility Energy Infrastructure segment growth of 4.2% is driven by increasing demand for renewable energy, expansion of transmission and distribution networks, and strategic investments in energy storage and grid modernization projects. Additionally, favorable regulatory policies and declining renewable energy costs support the segment's growth.
Segment n°5 -> Corporate and Other
Expected Growth : 3.7 %
What the company do ?
Corporate and Other from WEC Energy Group, Inc. refers to the company's non-utility operations, including its investments and other miscellaneous activities.
Why we expect these perspectives ?
WEC Energy Group's Corporate and Other segment growth of 3.7% is driven by increased transmission and distribution investments, favorable weather conditions, and strategic cost management. Additionally, the company's focus on renewable energy sources and grid modernization initiatives contribute to the segment's growth.
Wec Energy Group, Inc. Products
| Product Range | What is it ? |
|---|---|
| Electricity | Generation, transmission, and distribution of electricity to residential, commercial, and industrial customers |
| Natural Gas | Distribution of natural gas to residential, commercial, and industrial customers |
| Renewable Energy | Generation of electricity from wind, solar, and hydroelectric sources |
| Energy Efficiency | Offering energy-saving solutions and programs to reduce energy consumption |
| Transmission and Distribution | Operating and maintaining the infrastructure for transmitting and distributing electricity and natural gas |
WEC Energy Group, Inc.'s Porter Forces
Threat Of Substitutes
WEC Energy Group, Inc. operates in a regulated industry, which limits the threat of substitutes. However, the increasing adoption of renewable energy sources and energy storage technologies could pose a moderate threat to the company's traditional business model.
Bargaining Power Of Customers
WEC Energy Group, Inc. serves a diverse customer base, including residential, commercial, and industrial customers. The company's large customer base and lack of concentration reduce the bargaining power of individual customers.
Bargaining Power Of Suppliers
WEC Energy Group, Inc. relies on a diverse range of suppliers for fuel, equipment, and services. While the company has some bargaining power due to its scale, suppliers may still exert some pressure on prices and terms.
Threat Of New Entrants
The energy industry is highly regulated, and new entrants face significant barriers to entry, including high capital costs, complex regulatory requirements, and the need for specialized expertise.
Intensity Of Rivalry
WEC Energy Group, Inc. operates in a highly competitive industry, with several large players vying for market share. The company faces intense competition in terms of pricing, customer service, and innovation.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 61.53% |
| Debt Cost | 4.46% |
| Equity Weight | 38.47% |
| Equity Cost | 5.92% |
| WACC | 5.02% |
| Leverage | 159.92% |
WEC Energy Group, Inc. : Quality Control
WEC Energy Group, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| D | Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The … |
| DTE | DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. … |
| EXC | Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and … |
| XEL | Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates … |
| NEE | NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Dominion Energy
A-Score
1-Year Total Return ->
🥈
WEC Energy
A-Score
1-Year Total Return ->
🥉
Exelon
A-Score
1-Year Total Return ->
4
Xcel Energy
A-Score
1-Year Total Return ->
5
DTE Energy
A-Score
1-Year Total Return ->
6
