WEC Energy Stock Price, News & Analysis

WEC Energy Group (NYSE: WEC) has announced plans to offer $700 million in convertible senior notes due 2028 through a private offering to qualified institutional buyers. The initial purchasers will have an option to buy an additional $105 million in notes within 13 days. The notes will be senior, unsecured obligations with semiannual interest payments, maturing on June 1, 2028. Conversion rights will be limited before March 1, 2028, becoming freely convertible thereafter. Upon conversion, WEC will pay cash up to the principal amount and may choose to settle the remainder in cash, common stock, or a combination. The proceeds will be used for general corporate purposes, including short-term debt repayment. WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota through its utilities portfolio.

At WEC Energy Group's (NYSE: WEC) annual meeting, Chairman Gale Klappa and CEO Scott Lauber highlighted the company's strong performance in 2024-2025. Key achievements include: launching the company's largest five-year capital plan, adding two major solar projects (Paris and Darien Solar Energy Centers), and retiring coal units 5-6 at Oak Creek Power Plant. WEC ranked first nationally in large commercial/industrial customer satisfaction and returned a record $1.06 billion to stockholders through dividends. The company increased its dividend by 6.9% to $3.57 per share, marking the 22nd consecutive year of dividend growth. WEC Energy Group serves 4.7 million customers across four states, manages over $48 billion in assets, and employs 7,000 people.

WEC Energy Group (NYSE: WEC) reported strong Q1 2025 financial results with net income of $724.2 million ($2.27 per share), up from $622.3 million ($1.97 per share) in Q1 2024. Consolidated revenues reached $3.1 billion, increasing by $469.3 million year-over-year. Natural gas deliveries in Wisconsin rose 15.5% (0.5% lower on weather-normal basis), while retail electricity deliveries grew 2.9%. Residential electricity use increased by 5.5%, and commercial/industrial customer usage also showed positive growth. The company reaffirmed its 2025 earnings guidance of $5.17-$5.27 per share, assuming normal weather conditions for the remainder of the year.

WEC Energy Group (NYSE: WEC) has scheduled the release of its 2025 first-quarter earnings report for Tuesday, May 6, before market opening. The company will host a conference call for investors and analysts at 1 p.m. Central time on the same day.

Key details:

• Financial information available on website by 6:30 a.m. Central time
• Live webcast accessible at wecenergygroup.com
• Conference call ID: 3088105

Company overview:

• Serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota
• Major utilities include We Energies, Wisconsin Public Service, Peoples Gas
• Subsidiary We Power focuses on electric generating plants
• WEC Infrastructure owns renewable facilities from South Dakota to Texas

As a Fortune 500 and S&P 500 component, WEC Energy Group maintains 33,000 stockholders, employs 7,000 people, and manages over $48 billion in assets.

Wisconsin Electric, a subsidiary of WEC Energy Group (NYSE: WEC), has announced its quarterly dividend declarations. The company will pay $0.90 per share on its Preferred Stock, 3.60% Series, payable June 1, 2025, to stockholders of record on May 14, 2025. Additionally, a quarterly cash dividend of $1.50 per share was declared on the Six Per Cent Preferred Stock, payable July 31, 2025, to stockholders of record on July 14, 2025.

The company, operating as We Energies, serves over 1.1 million electric customers and 490,000 natural gas customers in Wisconsin.

WEC Energy Group (NYSE: WEC) has announced its quarterly cash dividend of 89.25 cents per share on common stock, payable June 1, 2025, to stockholders of record on May 14, 2025. This marks the company's 331st consecutive quarterly dividend payment, maintaining an unbroken streak dating back to 1942.

WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota through its principal utilities including We Energies, Wisconsin Public Service, and others. The company maintains $48 billion in assets, employs 7,000 people, and has 33,000 stockholders of record. As a Fortune 500 and S&P 500 component, WEC operates renewable generation facilities across multiple states through WEC Infrastructure

WEC Energy Group (NYSE: WEC) reported strong financial results for 2024, with GAAP net income reaching $1.5 billion ($4.83 per share), up from $1.3 billion ($4.22 per share) in 2023. Adjusted earnings, excluding ICC disallowance charges, increased 5.4% to $4.88 per share. Fourth quarter 2024 earnings were $453.5 million ($1.43 per share).

Annual consolidated revenues decreased by $293.1 million to $8.6 billion. Retail electricity deliveries saw a modest 0.5% increase, while natural gas deliveries in Wisconsin declined by 2.9%. The company reaffirmed its 2025 earnings guidance of $5.17-$5.27 per share, targeting 7.6% growth. WEC also announced a 6.9% dividend increase to 89.25 cents per share, marking its 22nd consecutive year of dividend growth.

WEC Energy Group (NYSE: WEC) has scheduled the release of its 2024 fourth-quarter and full-year earnings report before market opening on Tuesday, February 4. The company will host a conference call for investors and analysts at 1 p.m. Central time on the same day. Detailed financial information will be available on the company's website at 6:30 a.m. Central time.

WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota through its principal utilities including We Energies, Wisconsin Public Service, Peoples Gas, and others. The Fortune 500 company has approximately 34,000 stockholders, 7,000 employees, and assets exceeding $47 billion. Its subsidiary WEC Infrastructure manages renewable generation facilities across multiple states.

Wisconsin Electric, a subsidiary of WEC Energy Group (NYSE: WEC), has announced its quarterly dividend declarations. The company's board of directors declared a quarterly cash dividend of 90 cents per share on the Preferred Stock, 3.60% Series, payable March 1, 2025, to stockholders of record on February 14, 2025.

Additionally, a quarterly cash dividend of $1.50 per share on the Six Per Cent Preferred Stock will be paid on April 30, 2025, to stockholders of record on April 14, 2025. The company, operating as We Energies, serves over 1.1 million electric customers and 490,000 natural gas customers in Wisconsin.