Earnings summaries and quarterly performance for WEC ENERGY GROUP.
Executive leadership at WEC ENERGY GROUP.
Scott Lauber
Detailed
President and Chief Executive Officer
CEO
MK
Margaret Kelsey
Executive Vice President, General Counsel and Corporate Secretary
MH
Michael Hooper
Executive Vice President and Chief Operating Officer
RG
Robert Garvin
Executive Vice President, External Affairs
XL
Xia Liu
Executive Vice President and Chief Financial Officer
Board of directors at WEC ENERGY GROUP.
CG
Cristina Garcia-Thomas
Detailed
Director
DC
Danny Cunningham
Detailed
Director
GK
Gale Klappa
Detailed
Non-Executive Chairman
GT
Glen Tellock
Detailed
Director
JL
John Lange
Detailed
Director
MG
Maria Green
Detailed
Director
ME
Mary Ellen Stanek
Detailed
Director
TL
Thomas Lane
Detailed
Independent Lead Director
UP
Ulice Payne, Jr.
Detailed
Director
WB
Warner Baxter
Detailed
Director
WF
William Farrow III
Detailed
Director
Research analysts who have asked questions during WEC ENERGY GROUP earnings calls.
AW
Andrew Weisel
Scotiabank
4 questions for WEC
Also covers: AEP, BKH, CEG +13 more
Carly Davenport
Goldman Sachs
3 questions for WEC
Also covers: AEE, AEP, D +14 more
DC
Durgesh Chopra
Evercore ISI
3 questions for WEC
Also covers: AEE, AEP, AES +22 more
JT
Jeremy Tonet
JPMorgan Chase & Co.
3 questions for WEC
Also covers: AEE, AEP, AM +45 more
BR
Brian Russo
Jefferies
2 questions for WEC
Also covers: AEE, ALE, AVA +8 more
Julien Dumoulin-Smith
Jefferies
2 questions for WEC
Also covers: AEE, AEP, AES +55 more
Neil Kalton
Wells Fargo Securities
2 questions for WEC
Nicholas Campanella
Barclays
2 questions for WEC
Also covers: AEE, AEP, AES +32 more
PP
Paul Patterson
Glenrock Associates
2 questions for WEC
Also covers: AEE, ES, ETR +7 more
SP
Shahriar Pourreza
Guggenheim Partners
2 questions for WEC
Also covers: AEE, AEP, AVA +29 more
AC
Anthony Crowdell
Mizuho Financial Group
1 question for WEC
Also covers: AEE, AEP, AES +30 more
PF
Paul Fremont
Ladenburg Thalmann
1 question for WEC
Also covers: AEE, CNP, CPK +17 more
SK
Sophie Karp
KeyBanc Capital Markets Inc.
1 question for WEC
Also covers: AGR, AVA, CEG +12 more
Recent press releases and 8-K filings for WEC.
WEC Energy Group raises quarterly dividend
WEC
Dividends
- The board declared a $0.9525 quarterly dividend per share, a 6.7% increase over the prior $0.8925 dividend.
- The increase sets the annualized dividend rate at $3.81 per share, payable March 1, 2026, to holders of record on Feb. 13, 2026.
- This marks the 334th consecutive quarter of dividend payments and the 23rd straight year of increases, with a target payout ratio of 65–70% of earnings.
Jan 22, 2026, 8:05 PM
WEC Energy Group Provides Q4 2025 Investor Update
WEC
Guidance Update
Dividends
New Projects/Investments
- WEC narrowed its 2025 GAAP EPS guidance to $4.83–$4.93, reflecting a $150 million reserve increase (a $0.34 per-share charge). On an adjusted basis (excluding that charge), EPS guidance remains $5.17–$5.27, with expectation to reach the upper end of the range.
- The board plans to raise the quarterly dividend to $0.9525 for Q1 2026 (an annualized rate of $3.81, up ~6.7%), marking the 23rd consecutive year of dividend growth.
- The 2026–2030 capital plan totals $36.5 billion—including increases in natural-gas generation, regulated renewables and transmission—and supports a 7–8% long-term EPS growth outlook.
- Peoples Gas and North Shore Gas filed rate cases seeking a ROE increase to 10.10% and equity ratio to 54%, which would add $10–11/month to typical residential bills; orders are expected in Q4 2026 for new rates effective January 1, 2027.
Jan 5, 2026, 9:17 PM
WEC Energy updates 2025 guidance, dividend and capital plan
WEC
Guidance Update
Dividends
New Projects/Investments
- Confirmed 2025 EPS guidance of $5.17–$5.27 and forecasts 7–8% long-term EPS growth, driven by regulatory and infrastructure investments.
- Board plans to raise the quarterly dividend to 95.25 cents (annual $3.81), marking the 23rd consecutive year of increases and targeting a 65–70% payout ratio.
- Approved a $36.5 billion 2026–2030 capital plan, a $8.5 billion increase over the prior plan, allocating funds to gas generation, regulated renewables, transmission and pipe retirement.
- Financing strategy includes $20.5–$21.5 billion of operating cash flow, $4.8–$5.2 billion of equity and $13.7–$14.3 billion of debt, while maintaining investment-grade credit ratings (S&P A-/Moody’s Baa1).
Dec 5, 2025, 9:16 PM
WEC Energy Group plans 6.7% dividend increase
WEC
Dividends
Guidance Update
- The board will raise the quarterly dividend to $0.9525 per share in Q1 2026, a 6.7% increase over the prior rate.
- The new dividend equates to an annual rate of $3.81 per share, payable March 1, 2026, to holders of record on February 13, 2026.
- WEC Energy Group issued 2026 earnings guidance of $5.51–$5.61 per share, aligning with its short-term EPS growth targets.
- The board continues to target a 65–70% dividend payout ratio and a 6.5–7% compound annual dividend growth rate.
Dec 4, 2025, 10:00 PM
WEC Energy Group provides long-term EPS and dividend growth outlook
WEC
Guidance Update
Dividends
New Projects/Investments
- 2025 guidance of $5.17–$5.27 adjusted EPS and a 6.9% dividend increase to $3.57 per share, marking the 22nd consecutive annual raise and targeting a 65–70% payout ratio.
- 7.0–8.0% EPS CAGR through 2030 backed by a $36.5 billion 2026–2030 capital plan focused entirely on regulated businesses to drive growth.
- Robust demand growth with Wisconsin electric sales projected at 6–7% (weather-normalized, 2028–2030) and major AI data center investments by Microsoft ($7 billion+) and Vantage ($15 billion+) supporting load additions.
- Maintains investment-grade credit (S&P A-/Moody’s Baa1), targets FFO/debt >15% and CFO Pre-WC/debt >16%, with a financing plan comprising $20.5–21.5 billion cash from operations, $4.8–5.2 billion equity and $13.7–14.3 billion incremental debt over 2026–2030.
Nov 7, 2025, 9:16 PM
WEC Energy Group to issue $600 million junior subordinated notes due 2056
WEC
Debt Issuance
- On November 3, 2025, WEC Energy Group entered into an underwriting agreement to issue $600 million aggregate principal amount of 5.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due May 15, 2056.
- The notes will bear a 5.625% initial coupon rate from November 6, 2025, to May 15, 2031, then reset every five years at the Five-Year Treasury Rate plus 1.905%.
- The offering is led by Barclays Capital, BofA Securities, Citigroup, Morgan Stanley, U.S. Bancorp Investments and Wells Fargo Securities, with net proceeds of $594 million to the issuer before expenses.
Nov 6, 2025, 1:58 PM
WEC Energy Group enters $3 billion equity distribution agreement
WEC
- On October 31, 2025, WEC Energy Group entered into an Equity Distribution Agreement with a syndicate of sales agents and forward purchasers to offer and sell up to $3.0 billion of its $0.01 par value common stock from time to time.
- Sales agents may act as agents or purchase shares as principals, and the Company may hedge share issuances through forward sale agreements with designated forward purchasers.
- The Agreement contemplates both Initially Priced Forward Sale Agreements and Collared Forward Sale Agreements, featuring forward price adjustments based on a floating interest rate factor and expected quarterly dividends.
- The Equity Distribution Agreement remains in effect until the earliest of full sale of the $3.0 billion, termination by either party, or October 31, 2028, with customary surviving covenants.
Oct 31, 2025, 9:08 PM
WEC Energy Group reports Q3 2025 earnings and updates five-year capital plan
WEC
Earnings
Guidance Update
New Projects/Investments
- WEC Energy Group reported Q3 2025 EPS of $0.83, up $0.01 year-over-year, and reaffirmed 2025 EPS guidance at $5.17–$5.27 assuming normal weather.
- Announced a $36.5 billion capital investment plan for 2026–2030, an increase of $8.5 billion over the prior plan, supporting 11% annual asset-base growth and 7–8% EPS CAGR through 2030.
- Projects electric demand growth of 3.4 GW by 2030, led by Microsoft’s Mount Pleasant data center and Vantage Data Centers’ Port Washington campus (1.3 GW over five years).
- Financing to be 50% equity: expects $21 billion cash from operations, $14 billion incremental debt and $5 billion common equity issuances, with $0.9–1.1 billion equity planned in 2026.
Oct 30, 2025, 6:00 PM
WEC Energy Group reports Q3 2025 results
WEC
Earnings
Guidance Update
New Projects/Investments
- WEC delivered $0.83 EPS in Q3 2025 and reaffirmed full-year guidance of $5.17–$5.27 per share assuming normal weather.
- The company unveiled a five-year capital plan to invest $36.5 billion from 2026–2030—up $8.5 billion (>30% vs. prior plan)—driving average asset-base growth of 11.3% per year.
- Long-term projected EPS compound annual growth of 7–8% from 2026–2030 (up from 6.5–7% near-term), with acceleration to the upper end starting in 2028.
- Incremental infrastructure investments include $3.4 billion in natural gas generation, $2.5 billion in renewables/battery storage, $4.1 billion in transmission (ATC), and $2 billion in distribution across Wisconsin and Illinois.
- To fund the plan (50% equity content), WEC expects $21 billion from operations, $14 billion debt, and $5 billion common equity issuances over five years.
Oct 30, 2025, 6:00 PM
WEC Energy Group reports Q3 2025 results
WEC
Earnings
Guidance Update
- WEC Energy Group posted net income of $271.3 million, or $0.83 diluted EPS, for Q3 2025, up from $240.1 million, or $0.76 per share a year ago.
- Operating revenues increased to $2.104 billion from $1.863 billion in Q3 2024.
- Retail electricity deliveries (excluding Michigan iron ore mine) rose 1.9% year-over-year (1.8% on a weather-normalized basis) in the quarter.
- The company reaffirmed its 2025 earnings guidance of $5.17 to $5.27 per share, assuming normal weather.
Oct 30, 2025, 11:26 AM
Quarterly earnings call transcripts for WEC ENERGY GROUP.
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