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Wisconsin Public Service Corporation  (WIPSO)
Other Ticker:  
 
    Sector • Utilities    Industry • Electric Utilities
   Industry • Electric Utilities
   Sector • Utilities
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 1,154
 Revenues (TTM) (Millions $) 1,573
 Net Income (TTM) (Millions $) 241
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 447

Wisconsin Public Service Corporation
Wisconsin Public Service Corporation (WPS) is a utility company based in Green Bay, Wisconsin. Established in 1883, the company has been involved in the generation, transmission, and distribution of electricity and natural gas across northeastern and central Wisconsin and upper Michigan.

WPS is a subsidiary of WEC Energy Group which provides gas and electric utility services to over5 million customers in Wisconsin, Michigan, and Illinois. The company is also a member of the American Gas Association and Edison Electric Institute.

WPS generates electricity using a mix of natural gas, coal, and renewable energy sources such as hydroelectric power, wind power, and biogas. The company has several generating facilities, including the Weston Power Plant and a biomass plant in Rothschild. As part of its commitment to sustainability, WPS has set a goal to increase its use of renewable energy to 30% by 2025.

In addition to electricity generation, WPS also operates over 34,000 miles of electric transmission and distribution lines and 4,500 miles of natural gas distribution lines that serve over 450,000 electric customers and 326,000 natural gas customers.

The company provides a range of energy efficiency programs to help customers reduce their energy consumption and lower their bills. These programs include rebates on energy-efficient appliances, home energy assessments, and weatherization assistance.

WPS is committed to giving back to the communities it serves through various charitable initiatives. The company supports organizations such as the United Way, the Salvation Army, and local food banks.

In recent years, WPS has received several awards for its commitment to safety, customer service, and sustainability. These include the American Gas Association's Safety Achievement Award and the Department of Energy's Energy Star Partner of the Year award.

Overall, WPS is a reliable and innovative utility company that is committed to providing safe, affordable, and sustainable energy to its customers while also contributing to the betterment of the communities it serves.


   Company Address: 2830 South Ashland Avenue Green Bay 54307 WI
   Company Phone Number: 450-7260   Stock Exchange / Ticker: WIPSO


   

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Wisconsin Public Service Corporation

Wisconsin Public Service Corporation Reports Decline in Revenue for Fourth Quarter of 2023


As a financial analyst observing the performance of Wisconsin Public Service Corporation (WPSC), the latest fiscal results present a mixed bag for investors and stakeholders. With balanced books of $0.00 per share for the fiscal year closing on December 31, 2023, the company showed no significant growth compared to the previous year. However, the stability in their financials can be seen as an achievement, especially considering the uncertain economic climate.
The revenue for WPSC retreated by -12.199% to $397.30 million for the same quarter a year before, and sequentially, a -3.474% decrease from $411.60 million. While this reduction is noteworthy, it is crucial to consider the wider economic circumstances that may have impacted the overall utility sector.
Wisconsin Public Service Corporation

Wisconsin Public Service Corporation Holds Steady with Break-Even Earnings in Q3 2023, Revenue Declines by 5.4%

Financial news report: Wisconsin Public Service Corporation posts break-even earnings for Q3 2023
Wisconsin Public Service Corporation (WIPSO) has announced its financial results for the third quarter of 2023. The company reported break-even earnings of $0.00 per share, similar to the previous year and the preceding reporting period. This performance indicates stability in the company's financials.
However, there was a decline in revenue compared to the same reporting period a year prior. The revenue sunk by -5.445% to $411.60 million from $435.30 million. This decrease may be attributed to various factors affecting the utility industry during this period.
Wisconsin Public Service Corporation

Company Revenue Declines for Wisconsin Public Service Corporation in the Most Recent Fiscal Quarter



The recent financial results of Wisconsin Public Service Corporation revealed a mixed bag of performance. While the company reported a decrease in revenue and inventories, it also showcased an increase in net income, profit margins, and operating earnings. This article interprets these results and considers how they could impact the company moving forward.
Revenue and Net Income:
During the April to June 30, 2023 fiscal period, Wisconsin Public Service Corporation's revenue decreased by 8.961% to $381.00 million compared to the same quarter last year, and sequentially, revenue fell by 22.482% from the previous quarter. However, despite this decline, the company achieved growth in net income, which reached $64.100 million, reflecting a 13.25% increase from the prior year. This improvement in profitability suggests that Wisconsin Public Service Corporation has successfully managed its costs and/or implemented strategies to drive higher margins.
Wisconsin Public Service Corporation

Wisconsin Public Service Corporation Shows Resilient Performance Amid Temporary Setbacks in Q1 2023

Wisconsin Public Service Corporation is a well-established name in the energy sector and has always been known for its consistent performance. The first quarter of 2023 brought mixed results, as despite a revenue rise of 2.631%, the company suffered a decline in income. However, this is nothing to worry about, as businesses often face temporary setbacks on their way to success.
Looking at the numbers, Wisconsin Public Service Corporation's revenue was $491.50 million in the first quarter of 2023, with earnings per share at $0.00. Compared to the same period a year before, revenue advanced by 8.619%, reaching $452.50 million. Although earnings of $66.300 million in the first quarter of 2023 earnings season fell by -13.45% from $76.600 million in the corresponding period a year before, this is a mere bump in the road to the company's continued growth.






Wisconsin Public Service's Segments
Utility segment Other operating revenues    15.22 % of total Revenue
Utility segment    100 % of total Revenue
Utility Other revenues    -0.33 % of total Revenue
Utility Transferred over time Revenues from contracts with customers    100.33 % of total Revenue
Utility Electric Transferred over time Revenues from contracts with customers    85.1 % of total Revenue
Utility Natural gas Transferred over time Revenues from contracts with customers    15.22 % of total Revenue
Electric    85.1 % of total Revenue
Electric Total retail    78.64 % of total Revenue
Electric Residential    30.8 % of total Revenue
Electric Small commercial and industrial    29.2 % of total Revenue
Electric Large commercial and industrial customers    18.01 % of total Revenue
Electric Other    0.62 % of total Revenue
Electric Wholesale    4.15 % of total Revenue
Electric Resale    1.36 % of total Revenue
Electric Other utility    0.95 % of total Revenue
Natural gas    15.22 % of total Revenue
Natural gas Total retail    13.8 % of total Revenue
Natural gas Residential    9.29 % of total Revenue
Natural gas Commercial and industrial    4.51 % of total Revenue
Natural gas Transportation    1.48 % of total Revenue
Natural gas Other utility    -0.06 % of total Revenue
Utility    100 % of total Revenue





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