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
6 questions for WEC
Also covers: AEP, BKH, CEG +13 more
Carly Davenport
Goldman Sachs
5 questions for WEC
Also covers: AEE, AEP, D +14 more
Julien Dumoulin-Smith
Jefferies
4 questions for WEC
Also covers: AEE, AEP, AES +55 more
Nicholas Campanella
Barclays
4 questions for WEC
Also covers: AEE, AEP, AES +32 more
PP
Paul Patterson
Glenrock Associates
4 questions for WEC
Also covers: AEE, ES, ETR +7 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
PF
Paul Fremont
Ladenburg Thalmann
3 questions for WEC
Also covers: AEE, CNP, CPK +17 more
BR
Brian Russo
Jefferies
2 questions for WEC
Also covers: AEE, ALE, AVA +8 more
MS
Michael Sullivan
Wolfe
2 questions for WEC
Also covers: AGR, CMS, NEP
Neil Kalton
Wells Fargo Securities
2 questions for WEC
SP
Shahriar Pourreza
Guggenheim Partners
2 questions for WEC
Also covers: AEE, AEP, AVA +29 more
SD
Steve D'Ambrisi
RBC Capital Markets
2 questions for WEC
Also covers: AEE, ETR, EVRG +1 more
Ao
Alex on for Shar Pourreza
Wells Fargo
1 question for WEC
AC
Anthony Crowdell
Mizuho Financial Group
1 question for WEC
Also covers: AEE, AEP, AES +30 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 updates 2026 guidance and capital plan
WEC
Guidance Update
Dividends
New Projects/Investments
- 2026 adjusted EPS guidance of $5.51–$5.61, implying ~6.7% growth and supporting a 7–8% long-term EPS CAGR, marking 22 consecutive years of meeting/exceeding guidance
- Raised annual dividend 6.7% to $3.81 per share for the 23rd straight year; targeting 6.5–7% dividend growth and a 65–70% payout ratio
- $33.3 B 2026–2030 capital plan in regulated assets: $12.6 B in renewables, $7.4 B in thermal generation & LNG, and $4.1 B in transmission (ATC share); financed by $20.5–21.5 B cash flow, $14.2–14.8 B incremental debt, and $5.3–5.7 B equity
- Asset base to expand from $34.2 B in 2025 to $59.6 B by 2030, with transmission rising to 58% of total assets
- Maintains S&P A- / Moody's Baa1 ratings and targets FFO/Debt >15% over 2026–2030
3 hours ago
WEC Energy Group updates 2026 guidance and capital plan
WEC
Guidance Update
Dividends
New Projects/Investments
- Reiterated 2026 EPS guidance of $5.51–$5.61 per share (midpoint $5.56) and targets 7–8% long-term EPS CAGR over 2026–2030.
- Approved a 6.7% dividend increase to $3.81 annualized—the 23rd consecutive year of raises—and plans 6.5–7% dividend growth with a 65–70% payout ratio.
- Increased its 2026–2030 capital plan by $1 billion to $37.5 billion, allocating $12.6 billion to regulated renewables and $7.4 billion to thermal generation to underpin earnings growth.
- Forecasts 2.6 GW of new large-customer demand along the I-94 corridor through 2030, including an estimated $1 billion incremental investment by Microsoft.
4 hours ago
WEC Energy Group reports Q4 2025 earnings and outlook
WEC
Earnings
Guidance Update
Dividends
- WEC delivered 2025 adjusted EPS of $5.27, up $0.39 YoY and at the top end of guidance, excluding a $0.46 per share one-time Illinois settlement charge.
- Board raised the annual dividend by 6.7% to $3.81, marking the 23rd consecutive year of dividend growth.
- Updated 5-year capital plan to $37.5 billion, targeting 7–8% EPS CAGR from 2026–2030 with acceleration starting in 2028; expects $4–5 billion debt and $900 million–$1.1 billion equity funding in 2026.
- Projects like Microsoft (+500 MW) and Vantage Data Centers (+1.3 GW) drive a forecasted 3.9 GW incremental demand, adding $1 billion to the capex plan.
- 2026 guidance set at Q1 EPS $2.27–$2.37 and full-year EPS $5.51–$5.61, assuming normal weather.
1 day ago
WEC Energy Group reports Q4 2025 results and 2026 guidance
WEC
Earnings
Dividends
Guidance Update
- WEC Energy delivered 2025 adjusted EPS of $5.27, up $0.39 from 2024; utility operations earnings rose $0.63 driven by favorable weather and rate-based growth.
- Board approved a 6.7% dividend increase to an annualized $3.81, marking the 23rd consecutive year of hikes.
- Updated $37.5 billion 5-year capital plan, with forecasted demand growth of 3.9 GW (including 500 MW from Microsoft and 1.3 GW from Vantage) adding $1 billion incremental capex; targets 7–8% EPS CAGR from 2026 to 2030.
- Regulatory update: Illinois settlement incurs a $0.46 per-share one-time charge ($130 million rate-base reduction; $125 million customer credits) and the very-large-customer tariff is pending Public Service Commission order in May; 2027 rate filings forthcoming.
- 2026 EPS guidance set at $5.51–$5.61, Q1 forecast $2.27–$2.37; expects $4–5 billion debt funding and $900 million–$1.1 billion equity issuance.
1 day ago
WEC Energy Group reports Q4 2025 and full-year results
WEC
Earnings
Guidance Update
New Projects/Investments
- WEC delivered full-year 2025 adjusted EPS of $5.27, up $0.39 from 2024, excluding a $0.46 one-time Illinois settlement charge.
- Board approved a 6.7% dividend increase to $3.81 per share, marking the 23rd consecutive annual raise.
- Executing a $37.5 billion, five-year capital plan, bolstered by 500 MW of incremental Microsoft data center demand and forecasting 3.9 GW of load growth over five years.
- 2026 outlook includes Q1 EPS of $2.27–$2.37 and full-year EPS guidance of $5.51–$5.61, with a long-term 7–8% EPS CAGR through 2030.
1 day ago
WEC Energy Group posts full-year 2025 results
WEC
Earnings
Guidance Update
Dividends
- Full-year GAAP net income was $1.6 billion or $4.81 per share; adjusted EPS rose to $5.27, up 8.0% versus 2024.
- Q4 2025 GAAP net income was $316.6 million or $0.97 per share; adjusted EPS was $1.42.
- Consolidated revenues for 2025 were $9.8 billion, an increase of $1.2 billion over 2024.
- The company reaffirmed 2026 guidance of $5.51 to $5.61 EPS and projects a 7–8% compound annual EPS growth over the next five years.
- The board declared a quarterly dividend of $0.9525 per share, up 6.7%, marking the 23rd consecutive year of increases.
1 day ago
WEC Energy Group reports 2025 results
WEC
Earnings
Guidance Update
Dividends
- WEC reported GAAP net income of $1.6 billion, or $4.81 per share for FY2025, versus $1.5 billion, $4.83 per share in FY2024.
- Excluding a $0.46 per share settlement charge, adjusted EPS was $5.27, an 8.0% increase over 2024’s $4.88.
- FY2025 revenues rose to $9.8 billion, up $1.2 billion year-over-year.
- The company reaffirmed FY2026 EPS guidance of $5.51–$5.61 and raised its quarterly dividend 6.7% to $0.9525 per share, marking 23 consecutive years of increases.
1 day ago
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
Quarterly earnings call transcripts for WEC ENERGY GROUP.
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