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WEC Energy (WEC)

WEC Energy Group, based in Milwaukee, is one of the nation's premier energy companies, serving 4.5 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in the Midwest. WEC Energy Group is a Fortune 500 company and a component of the S&P 500. The company has approximately 45,000 stockholders of record, 7,500 employees and $35 billion of assets.

Company profile

Ticker
WEC
Exchange
CEO
J. Kevin Fletcher
Employees
Incorporated
Location
Fiscal year end
Former names
WISCONSIN ENERGY CORP
SEC CIK
Subsidiaries
ATC Holding LLC • American Transmission Company LLC • ATC Development Manager, Inc. • ATC Holdco LLC • ATC Management Inc. • Bluewater Natural Gas Holding, LLC • BGS Kimball Gas Storage, LLC • Bluewater Gas Storage, LLC • Integrys Holding, Inc. • Michigan Gas Utilities Corporation ...
IRS number
391391525

WEC stock data

Calendar

4 May 22
29 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
3 Jun 22 Robert M Garvin Common Stock Sell Dispose S No No 104.2085 31,480 3.28M 11,062
3 Jun 22 Robert M Garvin Common Stock Option exercise Acquire M No No 50.925 17,210 876.42K 42,542
3 Jun 22 Robert M Garvin Common Stock Option exercise Acquire M No No 52.895 14,270 754.81K 25,332
3 Jun 22 Robert M Garvin Stock Option Common Stock Option exercise Dispose M No No 50.925 17,210 876.42K 0
3 Jun 22 Robert M Garvin Stock Option Common Stock Option exercise Dispose M No No 52.895 14,270 754.81K 0
1 Jun 22 Matthews Charles R Common Stock Sell Dispose S No No 104.6321 10,666 1.12M 2,146
1 Jun 22 Matthews Charles R Common Stock Option exercise Acquire M No No 68.175 10,666 727.15K 12,812
1 Jun 22 Matthews Charles R Stock Option Common Stock Option exercise Dispose M No No 68.175 10,666 727.15K 0
1 Jun 22 Liu Xia Common Stock Payment of exercise Dispose F No No 104.915 740 77.64K 12,274
31 May 22 Payne Ulice JR Common Stock Sell Dispose S No No 105.206 750 78.9K 22,302.839
0.0% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 4 3 +33.3%
Opened positions 1 0 NEW
Closed positions 0 2 EXIT
Increased positions 1 0 NEW
Reduced positions 0 1 EXIT
13F shares Current Prev Q Change
Total value 1.38M 1.02M +35.6%
Total shares 13.85K 10.5K +32.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
West Oak Capital 8.83K $881K +35.1%
Opus Capital 2.81K $281K 0.0%
LeJeune Puetz Investment Counsel 1.15K $114K 0.0%
Intelligent Financial Strategies 1.06K $106K NEW
Largest transactions Shares Bought/sold Change
West Oak Capital 8.83K +2.3K +35.1%
Intelligent Financial Strategies 1.06K +1.06K NEW
Opus Capital 2.81K 0 0.0%
LeJeune Puetz Investment Counsel 1.15K 0 0.0%

Financial report summary

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Management Discussion
  • Earnings increased $100.4 million during 2021, compared with 2020. The significant factors impacting the $100.4 million increase in earnings were:
  • •A $55.9 million decrease in the net loss attributed to common shareholders at the corporate and other segment, driven by lower interest expense, an increase in earnings from our equity method investments in technology and energy-focused investment funds, and the positive year-over-year impact from charges taken at Wispark during 2020. Higher net gains from investments held in the Integrys rabbi trust also contributed to the lower net loss. The investment gains from the rabbi trust offset higher
  • benefit costs related to deferred compensation, which are included in other operation and maintenance expense in our operating segments. See Note 17, Fair Value Measurements, for more information on our investments held in the Integrys rabbi trust.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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