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Wec Energy Group Inc   (NYSE: WEC)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $105.9400 $-0.76 -0.712%
Day's High: $106.94000244140625 Week Perf: -0.22 %
Day's Low: $ 105.66 30 Day Perf: -1.88 %
Volume (M): 1,570,790 52 Wk High: $ 119.91
Volume (M$): $ 0 52 Wk Avg: $111.96
Open: $106.10 52 Wk Low: $102.95



 Market Capitalization (Millions $) 34,844
 Shares Outstanding (Millions) 329
 Employees 7,151
 Revenues (TTM) (Millions $) 10,137
 Net Income (TTM) (Millions $) 1,694
 Cash Flow (TTM) (Millions $) 38
 Capital Exp. (TTM) (Millions $) 4,948

Business Description


Company Profile: WEC Energy Group Inc.

Overview
WEC Energy Group Inc. is a diversified holding company that was initially incorporated in the State of Wisconsin in 1981, formally transitioning into a holding company in 1986. The companys principal executive offices are located in Milwaukee, Wisconsin. The terms Wisconsin Energy, he Company,our,us,or werefer to WEC Energy Group and its subsidiaries.

Business Segments
WEC Energy Group operates primarily through two segments:

1. Utility Energy Segment: This segment includes:
- Wisconsin Electric: Engaged in the generation and distribution of electricity.
- Wisconsin Gas: Provides natural gas utility services.
- Edison Sault: A utility serving the eastern Upper Peninsula of Michigan.

2. Non-Utility Energy Segment: Dominated by We Power, which was established in 2001. This subsidiary specializes in designing, constructing, owning, and leasing new generating capacity to Wisconsin Electric, as part of the companys Power the Future (PTF) strategy.

Energy Supply Strategy
WEC Energy Groups energy supply strategy aims to provide customers with a reliable, diverse, and affordable supply of electricity. The company generates electricity from its owned power plants and complements this with long-term power purchase agreements and spot market transactions through the MISO Energy Markets.

Generation Facilities
- Coal-Fired Generation: The company sources coal from northern and central Appalachia as well as various western mines to support its power plants.
- Natural Gas-Fired Generation: WEC Energy operates five facilities dedicated to natural gas generation.
- Oil-Fired Generation: Fuel oil is utilized in combustion turbines at the Germantown Power Plant and for ignition and stabilization at the Presque Isle Power Plant.
- Renewable Generation: Wisconsin Electric operates a hydroelectric generating system, comprising thirteen hydroelectric plants.

Power Purchase Commitments
WEC Energy engages in both short-term and long-term power purchase commitments to fulfill anticipated energy supply requirements.

Gas Utility Operations
The gas utility segment of the company is highly seasonal, with demand fluctuating based on the heating needs of residential and commercial customers. Annual gas sales can be influenced by variations in winter temperatures.

Competitive Landscape
WEC Energy Group faces competition from various energy sources, particularly concerning natural gas. Large commercial and industrial customers often qualify as dual-fuel clients, meaning they can switch between natural gas and alternative fuel sources, thereby enhancing price competition. The company strategically offers competitive gas sales and transportation services to these customers, earning margins that are comparable regardless of whether it sells or just transports gas.

WEC Energy Group’s success in maintaining its market share in the industrial dual-fuel segment is contingent upon securing competitive natural gas supplies and developing efficient transportation services for customers seeking alternative gas procurement options.

Conclusion
WEC Energy Group Inc. is committed to delivering reliable energy solutions through a balanced mix of generation resources, innovative operational strategies, and a focus on customer service, positioning itself as a key player in the energy market within the Midwest.


   Company Address: 231 West Michigan Street Milwaukee 53201 WI
   Company Phone Number: 221-2345   Stock Exchange / Ticker: NYSE WEC


Customers Net Income grew by WEC's Customers Net Profit Margin grew to

100.38 %

14.94 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HNRG        2.22% 
NRG        7.11% 
PCG   -13.86%    
PEG        0.7% 
WELPP   -1.13%    
WIPSO   -1.13%    
• View Complete Report
   





Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 20.49
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 3.44
Price to Sales (Expected) -
Price to Book 2.39
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.01
Working Capital Ratio 0.5
Leverage Ratio (MRQ) 2.65
Total Debt to Equity 1.45
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.15

Per Share Current
Earnings (TTM) 5.17 $
Revenues (TTM) 30.82 $
Cash Flow (TTM) 0.12 $
Cash 0.15 $
Book Value 44.31 $
Dividend (TTM) 3.68 $

Efficiency Current
Revenue per Employee (TTM) 1,417,620
Net Income per Employee (TTM) 236,904
Receivable Turnover Ratio (TTM) 5.98
Inventory Turnover Ratio (TTM) 4.63
Asset Turnover Ratio (TTM) 0.2

Profitability Ratios Current
Gross Margin (MRQ) 73.06 %
Operating Margin (MRQ) 20.99 %
Net Margin (MRQ) 14.6 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 6.51 %

Management Effectiveness Current
Return On Assets (TTM) 3.29 %
Return On Investment (TTM) 6.41 %
Return On Equity (TTM) 46.5 %
Dividend Yield 3.59 %
Pay out Ratio (TTM) 71.18 %



Wec Energy Group Inc's Segments
Revenues from contracts with customers    98.16 % of total Revenue
Other revenues    1.84 % of total Revenue
Utility operations Revenues from contracts with customers    95.84 % of total Revenue
Electric Revenues from contracts with customers    41.74 % of total Revenue
Natural gas Revenues from contracts with customers    54.1 % of total Revenue
Other non-utility revenues Revenues from contracts with customers    2.32 % of total Revenue
Reconciling Eliminations    -3.55 % of total Revenue
Reconciling Eliminations Revenues from contracts with customers    -0.43 % of total Revenue
Reconciling Eliminations Other revenues    -3.12 % of total Revenue
Reconciling Eliminations Utility operations Revenues from contracts with customers    -0.38 % of total Revenue
Reconciling Eliminations Natural gas Revenues from contracts with customers    -0.38 % of total Revenue
Reconciling Eliminations Other non-utility revenues Revenues from contracts with customers    -0.05 % of total Revenue
Total Utility Operations Natural gas Transferred over time Revenues from contracts with customers    54.1 % of total Revenue
Total Utility Operations    97.41 % of total Revenue
Total Utility Operations Other revenues    1.42 % of total Revenue
Total Utility Operations Transferred over time Revenues from contracts with customers    96 % of total Revenue
Total Utility Operations Utility operations Transferred over time Revenues from contracts with customers    95.83 % of total Revenue
Total Utility Operations Electric Transferred over time Revenues from contracts with customers    41.74 % of total Revenue
Total Utility Operations Other non-utility revenues Transferred over time Revenues from contracts with customers    0.16 % of total Revenue
Wisconsin Electric Transferred over time Revenues from contracts with customers    41.74 % of total Revenue
Wisconsin Natural gas Transferred over time Revenues from contracts with customers    25.98 % of total Revenue
Wisconsin    68.09 % of total Revenue
Wisconsin Other revenues    0.37 % of total Revenue
Wisconsin Transferred over time Revenues from contracts with customers    67.72 % of total Revenue
Wisconsin Utility operations Transferred over time Revenues from contracts with customers    67.72 % of total Revenue
Illinois Natural gas Transferred over time Revenues from contracts with customers    20.73 % of total Revenue
Illinois    21.83 % of total Revenue
Illinois Other revenues    1.1 % of total Revenue
Illinois Transferred over time Revenues from contracts with customers    20.73 % of total Revenue
Illinois Utility operations Transferred over time Revenues from contracts with customers    20.73 % of total Revenue
Other States Natural gas Transferred over time Revenues from contracts with customers    7.38 % of total Revenue
Other States    7.49 % of total Revenue
Other States Other revenues    -0.05 % of total Revenue
Other States Transferred over time Revenues from contracts with customers    7.54 % of total Revenue
Other States Utility operations Transferred over time Revenues from contracts with customers    7.38 % of total Revenue
Other States Other non-utility revenues Transferred over time Revenues from contracts with customers    0.16 % of total Revenue
Non-Utility Energy Infrastructure    6.14 % of total Revenue
Non-Utility Energy Infrastructure Revenues from contracts with customers    2.59 % of total Revenue
Non-Utility Energy Infrastructure Other revenues    3.55 % of total Revenue
Non-Utility Energy Infrastructure Utility operations Revenues from contracts with customers    0.38 % of total Revenue
Non-Utility Energy Infrastructure Natural gas Revenues from contracts with customers    0.38 % of total Revenue
Non-Utility Energy Infrastructure Other non-utility revenues Revenues from contracts with customers    2.2 % of total Revenue
Electric    41.74 % of total Revenue
Wisconsin Electric Transferred over time    41.74 % of total Revenue
Wisconsin Electric Transferred over time Total retail revenues    38.06 % of total Revenue
Wisconsin Electric Transferred over time Residential    16.7 % of total Revenue
Wisconsin Electric Transferred over time Small commercial and industrial    13.15 % of total Revenue
Wisconsin Electric Transferred over time Large commercial and industrial    7.98 % of total Revenue
Wisconsin Electric Transferred over time Other    0.24 % of total Revenue
Wisconsin Electric Transferred over time Wholesale    0.88 % of total Revenue
Wisconsin Electric Transferred over time Resale    2.24 % of total Revenue
Wisconsin Electric Transferred over time Steam    0.4 % of total Revenue
Wisconsin Electric Transferred over time Other utility revenues    0.15 % of total Revenue
Natural gas    54.1 % of total Revenue
Total Utility Operations Natural gas Transferred over time    54.1 % of total Revenue
Total Utility Operations Natural gas Transferred over time Total retail revenues    48.66 % of total Revenue
Total Utility Operations Natural gas Transferred over time Residential    34.07 % of total Revenue
Total Utility Operations Natural gas Transferred over time Commercial and industrial    14.59 % of total Revenue
Total Utility Operations Natural gas Transferred over time Transportation    4.13 % of total Revenue
Total Utility Operations Natural gas Transferred over time Other utility revenues    1.31 % of total Revenue
Wisconsin Natural gas Transferred over time    25.98 % of total Revenue
Wisconsin Natural gas Transferred over time Total retail revenues    24.92 % of total Revenue
Wisconsin Natural gas Transferred over time Residential    16.52 % of total Revenue
Wisconsin Natural gas Transferred over time Commercial and industrial    8.4 % of total Revenue
Wisconsin Natural gas Transferred over time Transportation    1 % of total Revenue
Wisconsin Natural gas Transferred over time Other utility revenues    0.06 % of total Revenue
Illinois Natural gas Transferred over time    20.73 % of total Revenue
Illinois Natural gas Transferred over time Total retail revenues    16.99 % of total Revenue
Illinois Natural gas Transferred over time Residential    13.17 % of total Revenue
Illinois Natural gas Transferred over time Commercial and industrial    3.82 % of total Revenue
Illinois Natural gas Transferred over time Transportation    2.73 % of total Revenue
Illinois Natural gas Transferred over time Other utility revenues    1.01 % of total Revenue
Other States Natural gas Transferred over time    7.38 % of total Revenue
Other States Natural gas Transferred over time Total retail revenues    6.75 % of total Revenue
Other States Natural gas Transferred over time Residential    4.38 % of total Revenue
Other States Natural gas Transferred over time Commercial and industrial    2.37 % of total Revenue
Other States Natural gas Transferred over time Transportation    0.4 % of total Revenue
Other States Natural gas Transferred over time Other utility revenues    0.24 % of total Revenue
Other non-utility revenues    2.32 % of total Revenue
Other non-utility revenues We Power revenues    0.18 % of total Revenue
Transferred over time Other non-utility revenues Renewable generation revenues    1.98 % of total Revenue
Transferred over time Other non-utility revenues Appliance service revenues    0.16 % of total Revenue
Alternative revenues    0.78 % of total Revenue
Late payment charges    0.46 % of total Revenue
Amortization of revenue intangibles    0.43 % of total Revenue
Bepoke resources current return    0.13 % of total Revenue
Other    0.04 % of total Revenue
External revenues    100 % of total Revenue
Utility operations External revenues    97.41 % of total Revenue
Reconciling eliminations Interrevenues    -3.55 % of total Revenue
Wisconsin Utility operations External revenues    68.09 % of total Revenue
Illinois Utility operations External revenues    21.83 % of total Revenue
Other States Utility operations External revenues    7.49 % of total Revenue
Non-Utility Energy Infrastructure External revenues    2.59 % of total Revenue
Non-Utility Energy Infrastructure Interrevenues    3.55 % of total Revenue





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