greeksoup/ stock research
Stock research / United States / WEC · Electric & Other Services Combined · NYSE

WEC Energy Group, Inc. (WEC)

WEC Energy Group was incorporated in Wisconsin in 1981, became a diversified holding company in 1986 and is headquartered in Milwaukee. It took its present name on 29 June 2015, when it acquired all of the outstanding common shares of Integrys. Its wholly owned subsidiaries provide or invest in regulated natural gas and electricity and renewable energy, as well as nonregulated renewable energy, and it holds an approximately 60 percent equity interest in ATC, an electric transmission company operating in Illinois, Michigan, Minnesota and Wisconsin. It reported six segments at the end of 2025: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other.

WEC Energy Group, Inc.

WEC Energy Group was incorporated in Wisconsin in 1981, became a diversified holding company in 1986 and is headquartered in Milwaukee. It took its present name on 29 June 2015, when it acquired all of the outstanding common shares of Integrys. Its wholly owned subsidiaries provide or invest in regulated natural gas and electricity and renewable energy, as well as nonregulated renewable energy, and it holds an approximately 60 percent equity interest in ATC, an electric transmission company operating in Illinois, Michigan, Minnesota and Wisconsin. It reported six segments at the end of 2025: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other.

Wisconsin

The Wisconsin segment includes the electric and natural gas utility operations of WE, WPS, WG and UMERC. WE generates and distributes electricity in southeastern Wisconsin including metropolitan Milwaukee, east central Wisconsin and northern Wisconsin; WPS in northeastern and central Wisconsin; and UMERC in the Upper Peninsula of Michigan, where its customers include an iron ore mine owned by Tilden. The electric utilities are authorised to serve designated territories in Wisconsin under indeterminate permits and boundary agreements with other utilities, and certain Michigan territories under franchises granted by municipalities. Wholesale customers include electric cooperatives, municipal joint action agencies, other investor-owned utilities, municipal utilities and energy marketers.

Total electric customers were 1,696.6 thousand at the end of 2025, of which 1,512.2 thousand were residential, 181.9 thousand small commercial and industrial, 0.8 thousand large commercial and industrial and 1.7 thousand wholesale and other. WE also runs a small steam utility, generating and selling steam from one plant to 0.4 thousand customers in metropolitan Milwaukee for processing, space heating, domestic hot water and humidification.

Where the electricity comes from

The company owns 8,375 MW of generation capacity, counting wholly owned and jointly owned facilities and the units owned by We Power. The portfolio is natural gas-fired plants, coal-fired plants, renewable generation and battery storage, with certain gas units able to burn oil if gas delivery is constrained.

Of total electric utility supply in 2025, company-owned generation provided 71.7 percent: coal 30.5 percent, combined cycle gas 24.1 percent, gas and oil peaking units 7.9 percent, renewables 8.4 percent and gas steam turbines 0.8 percent. Power purchase contracts provided 21.5 percent, almost all of it nuclear at 19.8 percent, and purchases from the MISO market the remaining 6.8 percent. The utilities buy and sell power by participating in the MISO energy markets, where the cost of their own generation against competitors' determines how often their units are dispatched.

Coal, and what replaces it

The stated long-term goal is net carbon neutral electric generation by the end of 2050, and the filing says the company expects to use coal only as a backup fuel by the end of 2030 and to be in a position to eliminate coal as an energy source by the end of 2032. As of the end of 2025 the electric generation fleet had achieved a 53 percent reduction in carbon emissions from the 2005 baseline.

Nearly 2,500 MW of fossil-fuelled generation has been retired since the beginning of 2018, including two units at OCPP in 2024, PIPP in 2019, and the Pleasant Prairie and Pulliam plants and the jointly owned Edgewater Unit 4 in 2018. The filing says approximately 900 MW of additional coal-fired generation is expected to be retired by the end of 2031, including two further OCPP units and Weston Unit 3, and that co-firing with natural gas has started at the ERGS coal-fired units and at Weston Unit 4.

Data centres

The company is in discussions with a small number of customers about providing power to large-scale data centres being built in its service territories, and the filing says it anticipates electric demand growth from these very large customers in the years ahead. The filing says that subject to pending approvals from the Wisconsin regulator, WE is planning to make significant infrastructure investments in new natural gas-fired plants, wind, solar and battery projects and other generation and distribution assets to serve them. The filing says the company is working with the new data centre customers to provide bespoke resources, meaning generation resources assigned to those customers to match their growing demand and so minimise the impact on other retail customers. The filing says the company currently forecasts retail electric sales volumes, excluding the Tilden mine, to increase 1.6 percent for 2026 assuming normal weather, and that excluding the very large data centre customers it forecasts volumes to be relatively flat.

Illinois and Other States

The Illinois segment is the natural gas utility operations of PGL and NSG, serving residential, commercial and industrial customers in Chicago and its northern suburbs, with major industries including real estate, non-profits, education, restaurants and wholesale distributors. The Other States segment is the gas utilities MERC, serving cities and communities throughout Minnesota, and MGU, serving southern and western Michigan, plus MERC's non-utility appliance servicing business. Both segments also offer gas transportation to customers who choose to buy their gas directly from a third-party supplier.

The Wisconsin gas utilities have contracted for substantial underground storage capacity, primarily in Michigan, including long-term service agreements for approximately 99 percent of the storage owned by a Bluewater subsidiary, which supplies approximately one-third of their current storage needs. The company says it targets storage inventory levels at approximately 40 percent of forecasted demand for November through March, with gas injected in spring and summer and withdrawn in winter.

The last three segments

Electric Transmission is the stake in ATC, which owns, maintains, monitors and operates electric transmission systems in Wisconsin, Michigan, Illinois and Minnesota. It is regulated by the federal energy regulator for all rate terms and conditions of service and by certain state commissions for routing and siting, and it is a transmission-owning member of MISO, which maintains operational control of its system.

Non-Utility Energy Infrastructure holds We Power, which owns and leases generating facilities to WE; Bluewater, which owns the Michigan gas storage; and WECI, which holds interests in several renewable generating facilities. We Power designed and built approximately 2,500 MW of generation in Wisconsin: the two coal-fired ERGS units placed in service in February 2010 and January 2011, and the two gas-fired PWGS units placed in service in July 2005 and May 2008. Two unaffiliated entities collectively own approximately 17 percent, or approximately 211 MW, of the ERGS units. We Power's share is leased to WE on 30-year leases for the ERGS units and 25-year leases for the PWGS units, each beginning at the in-service date.

Corporate and Other holds the group's holding companies, Wispark, which develops and invests in real estate primarily in southeastern Wisconsin, and WBS, a centralised service company providing administrative and general support to the regulated and nonregulated entities, along with investments in several clean energy investment funds.

From WEC Energy Group's annual report on Form 10-K for the year ended 31 December 2025. The filing

Compare with another name What $10,000 in WEC Energy Group became

Latest results

Latest quarterQ3 FY2026ended 30 September 2026 · 10-Q filed 30 October 2026
Revenue
$2.3 billion
+8.9% on the year · +11.1% on the quarter
Q4 FY2024Q3 FY2026
Net income
$389 million
+43.5% on the year · +30.1% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$1.18
+42.2% on the year · +29.7% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

Read the Q3 FY2026 results →the 10-Q on EDGAR ↗
Last full yearFY2025ended 31 December 2025 · 10-K filed 20 February 2026
Revenue
$9.8 billion
+14.0% on the year
FY2018FY2025
Net income
$1.6 billion
+2.0% on the year
FY2018FY2025
Diluted EPS
$4.81
-0.4% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The years before, in wordsWEC Energy Group (WEC) reported revenue of $9.8 billion for fiscal 2025, the year ended 31 December 2025, up 14.0% on the year before. Net income was $1.6 billion and diluted earnings per share $4.81. Revenue was $8.6 billion in fiscal 2024, $8.9 billion in fiscal 2023, $9.6 billion in fiscal 2022 and $8.3 billion in fiscal 2021. Net income in the same years was $1.5 billion, $1.3 billion, $1.4 billion and $1.3 billion. Over the twelve months to 30 September 2026, WEC Energy Group reported revenue of $10.3 billion and net income of $1.8 billion. Revenue grew 6.2% a year, compounded, over the five years to fiscal 2025. WEC Energy Group declared $3.75 a share in dividends over the last four quarters and had 329 million shares outstanding at the latest filed count. At the close of 6 November 2026 the market cap of WEC Energy Group was $38.1 billion, 21.0 times its earnings over the last twelve months.
Read the FY2025 results →the 10-K on EDGAR ↗

Ratios

From the filings

ROE12.1%
ROCE6.4%
Operating margin23.5%
Net margin17.5%
FCF margin-7.6%
Interest cover2.6x
Debt to equity1.52x
Cash conversion2.12x
Share count, last 12 months1.1%
Sales CAGR, 3 years0.7%
Profit CAGR, 3 years3.4%
EPS, TTM$5.51

At the close of 6 November 2026

Price$115.91
Market cap$38.1 billion
Stock P/E21.0x
Price to book2.5x
EV / EBITDA15.4x
Dividend yield3.2%
Market cap / sales3.7x
52-week high$118.85
52-week low$100.81
Price, 1 year4.6%
Price CAGR, 3 years12.2%
Price CAGR, 5 years5.0%

29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →

Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of WEC Energy Group, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
WECgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

Quarterly results

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue2,2022,9082,1282,0032,5582,8881,8301,9572,2182,6801,7721,8642,2843,1502,0102,1042,5373,4342,0622,291
Cost of revenue9591,3839358051,2351,3105335877619274705217381,1665706089221,391556651
Gross profit1,2431,5251,1931,1981,3231,5781,2971,3701,4561,7531,3021,3431,5461,9841,4391,4961,6162,0431,5061,639
Gross margin56%52%56%60%52%55%71%70%66%65%73%72%68%63%72%71%64%59%73%72%
Operating income327731408404380669425472341813365384591938405450453980433564
Operating margin15%25%19%20%15%23%23%24%15%30%21%21%26%30%20%21%18%29%21%25%
Interest expense114118120128150172179182194192201204218223221224228228229242
Pre-tax income244695351375311582338376240710252270514786262305320859328437
Tax rate8%18%18%20%19%13%14%16%9%12%17%12%12%8%7%11%1%6%8%11%
Net income224566288302253508290316218622211240454724245271317804299389
Net margin10%19%14%15%10%18%16%16%10%23%12%13%20%23%12%13%12%23%15%17%
Diluted EPS$0.71$1.79$0.91$0.96$0.80$1.61$0.92$1.00$0.69$1.97$0.67$0.76$1.43$2.27$0.76$0.83$0.97$2.45$0.91$1.18
Operating cash flow26.01,0776862971.27969587844808641,0377295821,1638539394251,2189921,202
Capital expenditure745384645672996499574656n/a4446947968467018291,5651,3038181,2621,239
Free cash flow-71969340.5-375-995297384128n/a419344-67.3-26546223.9-626-878400-270-36.4
Buybacks17.423.425.019.90.96.92.61.25.92.01.20.00.01.30.00.00.0n/an/an/a
Dividends paid214230229230229246246246246264264264265284285289290310310310
Shares outstanding315m315m315m315m315m315m315m315m315m316m316m316m318m319m322m325m325m326m326m329m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss)

FY2011FY2012 †FY2013 †FY2014 †FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue4,4864,2464,5194,9975,9267,4727,6487,6807,5237,2428,3169,5978,8938,6009,80010,324
Cost of revenuen/an/a1,8272,2592,2402,6472,8232,8982,6792,3203,3114,3593,1912,6563,2663,519
Gross profitn/an/a2,6922,7383,6864,8254,8264,7824,8444,9225,0055,2385,7025,9446,5346,805
Gross marginn/an/a59.6%54.8%62.2%64.6%63.1%62.3%64.4%68.0%60.2%54.6%64.1%69.1%66.7%65.9%
Operating income8871,0001,0801,1121,2501,6961,7761,4681,5311,7061,7151,9241,9082,1532,2452,429
Operating margin19.8%23.6%23.9%22.3%21.1%22.7%23.2%19.1%20.4%23.6%20.6%20.0%21.5%25.0%22.9%23.5%
Interest expense236248251240331403416445502494471515727815895927
Pre-tax income7778539169511,0741,5071,5881,2301,2601,4291,4991,7331,5361,7461,6741,945
Income tax264306338362434566384170125228200323205222118130
Effective tax rate34.0%35.9%36.9%38.0%40.4%37.6%24.1%13.8%9.9%15.9%13.4%18.6%13.3%12.7%7.1%6.7%
Net income5265465795906409391,2041,0591,1341,2001,3001,4081,3321,5271,5581,810
Net margin11.7%12.9%12.8%11.8%10.8%12.6%15.7%13.8%15.1%16.6%15.6%14.7%15.0%17.8%15.9%17.5%
Diluted EPS$2.24$2.35$2.51$2.59$2.34$2.96$3.79$3.34$3.58$3.79$4.11$4.45$4.22$4.83$4.81$5.51
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow

FY2011FY2012 †FY2013 †FY2014 †FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow9931,1741,2311,1981,2952,1042,0792,4462,3462,1962,0332,0613,0183,2123,3793,838
Capital expenditure8317077257611,2661,4241,9602,4172,2612,2392,2532,3152,4932,7814,3984,622
Free cash flow16346750643628.968011928.484.7-42.8-220-254526431-1,019-784
Free cash flow margin3.6%11.0%11.2%8.7%0.5%9.1%1.6%0.4%1.1%-0.6%-2.6%-2.6%5.9%5.0%-10.4%-7.6%
Cash from investing-892-730-746-757-2,423-1,354-2,254-2,384-2,495-2,807-2,312-2,642-3,558-3,802-4,875-4,904
Cash from financing-111-423-495-4051,234-84616126.485.66012946765234681,5241,079
Depreciation and amortisation3303643403915627637998469269761,0741,1231,2641,3541,4781,530
Share-based compensation28.522.019.021.923.318.029.036.150.235.715.734.89.739.348.2n/a
Buybacks19415322312374.710871.372.414099.233.169.216.63.21.3n/a
Dividends paid2422763293524556256566977447988559189841,0561,1481,221
Dividend per sharen/an/a$1.45$1.56$1.74$1.98$2.08$2.21$2.36$2.53$2.71$2.91$3.12$3.34$3.57n/a
Diluted shares, weighted235m233m230m228m273m317m317m317m317m316m316m316m316m316m324m329m
Shares outstanding at period end230m229m226m226m316m316m316m316m315m315m315m315m315m318m325m329m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet

FY2011FY2012 †FY2013 †FY2014 †FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity3,9634,1664,2634,4508,6858,9609,4929,84310,25510,66211,11311,61712,07212,80214,05315,010
Debt5,3175,2604,6275,21210,37710,17611,03311,79912,73514,29115,59017,29418,65220,02421,94222,756
Operating lease liabilitiesn/an/an/an/an/an/an/an/a37.0n/a29.125.438.837.573.0n/a
Finance lease liabilitiesn/an/an/an/an/an/an/an/a39.655.351.3110146303372418
Other liabilities4,5824,8595,5535,24210,29310,98711,06511,83411,88612,02012,20512,82513,03214,19715,07815,714
Total liabilities and equity13,86214,28514,44314,90529,35530,12331,59033,47634,95237,02838,98841,87243,94047,36351,51853,898
Owned
Fixed assets10,16010,57210,90711,25819,19019,91621,34722,00123,62025,70726,98229,11431,58234,64538,27840,791
Goodwill4424424424423,0243,0463,0543,0533,0533,0533,0533,0533,0533,0533,0533,053
Intangible assetsn/an/an/a0.013.9n/an/an/an/an/an/an/an/an/a17.418.3
Investments3934144394571,467n/an/an/an/an/an/an/an/an/an/an/a
Cash and equivalents14.135.626.061.949.837.538.984.537.524.816.328.942.99.827.658.8
Receivables3492854066431,0291,2421,3511,2811,1761,2031,5061,8181,5031,6692,0631,404
Other assets2,5032,5362,2242,0434,5835,8825,8007,0577,0657,0407,4317,8587,7597,9868,0808,572
Total assets13,86214,28514,44314,90529,35530,12331,59033,47634,95237,02838,98841,87243,94047,36351,51853,898
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.2%6.2%0.7%8.1%
Profit growth, compounded9.3%5.4%3.4%6.8%
Return on equity, average11.4%11.6%11.3%11.1%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was WEC Energy Group's revenue in fiscal 2025?

WEC Energy Group (WEC) reported revenue of $9.8 billion for fiscal 2025, the year ended 31 December 2025, up 14.0% on the year before.

How much did WEC Energy Group earn in fiscal 2025?

Net income was $1.6 billion for fiscal 2025, and diluted earnings per share $4.81.

What is WEC Energy Group's P/E ratio?

At the close of 6 November 2026, WEC Energy Group traded at 21.0 times its earnings over the twelve months to 30 September 2026.

What is WEC Energy Group's market cap?

The market cap of WEC Energy Group was $38.1 billion at the close of 6 November 2026.

Does WEC Energy Group pay a dividend?

Yes. WEC Energy Group declared $3.75 a share in dividends over the four quarters to 30 September 2026.

Peers: Utilities

CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Duke Energy Corp. DUK$99.7 billion18.719.7%28.5%6.8%1.683.3%
Xcel Energy Inc. XEL$50.6 billion18.5710.5%21.7%4.5%1.592.9%
Exelon Corp. EXC$47.2 billion17.708.8%19.8%6.7%1.773.6%
Consolidated Edison Inc. ED$44.0 billion18.988.7%18.7%9.0%1.05n/a
WEC Energy Group, Inc. WEC$38.1 billion21.0412.1%23.5%8.1%1.523.2%
Public Service Enterprise Group Inc. PEG$36.2 billion20.5110.2%21.6%5.3%1.483.6%
Ameren Corp. AEE$31.2 billion19.6211.3%25.2%-0.3%1.552.6%
Pg&E Corp. PCG$28.6 billion9.618.6%20.2%4.1%1.88n/a
CMS Energy Corp. CMS$21.7 billion24.719.0%13.8%8.2%2.063.3%
Nisource Inc. NI$21.2 billion22.649.8%27.4%10.0%1.912.7%
Evergy, Inc. EVRG$20.5 billion19.499.7%27.4%8.5%1.473.2%
Alliant Energy Corp. LNT$18.9 billion20.2512.0%22.6%5.4%1.612.9%
All 96 in Utilities
CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
NextEra Energy Inc. NEE$182.3 billion15.6718.9%30.0%9.6%1.852.8%
Southern Co. SO$107.5 billion21.1311.1%24.7%7.9%1.653.2%
Duke Energy Corp. DUK$99.7 billion18.719.7%28.5%6.8%1.683.3%
Constellation Energy Corp. CEG$88.7 billion24.3410.8%14.7%26.0%0.770.7%
National Grid plc NGG *$86.4 billion19.038.2%30.7%-3.8%1.192.5%
Williams Companies, Inc. WMB$80.1 billion25.2319.9%37.5%8.8%2.023.2%
Enterprise Products Partners L.P. EPD$79.8 billion12.26n/a12.7%21.5%n/an/a
American Electric Power Co. Inc. AEP$68.9 billion20.6710.2%23.4%11.1%1.603.0%
Kinder Morgan, Inc. KMI$66.7 billion18.4911.4%29.0%11.7%1.053.9%
TC Energy Corporation TRP *$64.5 billion26.4412.9%52.7%10.7%2.203.9%
Dominion Energy, Inc. D$60.4 billion22.799.1%22.5%21.5%1.663.9%
Cheniere Energy, Inc. LNG$56.8 billion19.4046.3%28.1%22.5%3.680.8%
Targa Resources Corp. TRGP$56.7 billion23.4164.1%22.5%4.7%5.201.7%
ONEOK Inc. OKE$53.7 billion13.2317.4%14.2%36.8%1.225.0%
Entergy Corp. ETR$52.8 billion25.4110.3%24.6%10.3%1.752.3%
Sempra SRE$51.1 billion16.759.2%n/a-0.9%1.123.3%
Xcel Energy Inc. XEL$50.6 billion18.5710.5%21.7%4.5%1.592.9%
Exelon Corp. EXC$47.2 billion17.708.8%19.8%6.7%1.773.6%
Consolidated Edison Inc. ED$44.0 billion18.988.7%18.7%9.0%1.05n/a
Vistra Corp. VST$41.9 billion21.0440.5%18.5%3.8%3.570.7%
WEC Energy Group, Inc. WEC$38.1 billion21.0412.1%23.5%8.1%1.523.2%
Public Service Enterprise Group Inc. PEG$36.2 billion20.5110.2%21.6%5.3%1.483.6%
Ameren Corp. AEE$31.2 billion19.6211.3%25.2%-0.3%1.552.6%
American Water Works Company, Inc. AWK$29.9 billion26.059.5%37.0%5.4%1.372.3%
Atmos Energy Corp. ATO$29.3 billion20.679.2%37.0%6.5%0.682.0%
Venture Global, Inc. VG$28.8 billion9.0838.9%37.6%100.7%4.880.3%
Pg&E Corp. PCG$28.6 billion9.618.6%20.2%4.1%1.88n/a
DTE Energy Co. DTE$28.2 billion20.5810.8%13.1%12.4%2.253.3%
Cheniere Energy Partners, L.P. CQP$27.8 billionn/an/a34.2%13.2%n/an/a
Centerpoint Energy Inc. CNP$27.0 billion23.259.8%24.4%7.8%2.122.3%
PPL Corp. PPL$27.0 billion20.478.6%24.5%7.5%1.333.1%
Firstenergy Corp. FE$26.9 billion22.339.3%14.9%12.2%2.323.8%
Eversource Energy ES$26.3 billion18.438.7%21.5%4.6%1.764.5%
Edison International EIX$22.8 billion6.3220.3%31.8%2.6%2.335.9%
CMS Energy Corp. CMS$21.7 billion24.719.0%13.8%8.2%2.063.3%
Nisource Inc. NI$21.2 billion22.649.8%27.4%10.0%1.912.7%
Evergy, Inc. EVRG$20.5 billion19.499.7%27.4%8.5%1.473.2%
Alliant Energy Corp. LNT$18.9 billion20.2512.0%22.6%5.4%1.612.9%
NRG Energy, Inc. NRG$18.6 billion22.9217.5%6.1%12.8%4.822.1%
Western Midstream Partners, LP WES$16.5 billion12.91n/a38.5%22.3%n/an/a
Talen Energy Corp. TLN$16.0 billionn/a-16.1%2.0%71.9%6.06n/a
Essential Utilities, Inc. WTRG$13.0 billion22.847.9%72.4%9.2%1.223.2%
Pinnacle West Capital Corp. PNW$12.6 billion19.598.8%20.7%7.5%1.533.5%
DT Midstream, Inc. DTM$11.6 billion24.759.8%49.4%13.4%0.683.0%
OGE Energy Corp. OGE$10.5 billion19.0310.6%25.8%2.4%1.123.4%
Antero Midstream Corp. AM$9.0 billion13.3730.5%81.3%7.3%1.424.7%
Entergy Arkansas, LLC EAI$8.7 billion4.1910.3%24.6%n/a1.7513.4%
Idacorp Inc. IDA$8.6 billion22.519.2%23.5%4.5%0.952.4%
UGI Corp. UGI$7.9 billion12.3912.9%16.2%-0.5%1.354.0%
Kinetik Holdings Inc. KNTK$7.9 billion16.31n/a12.2%15.8%n/a6.6%
Clearway Energy, Inc. CWEN$7.0 billion44.271.7%13.4%9.9%1.665.4%
National Fuel Gas Co. NFG$7.0 billion10.2117.2%40.3%15.1%0.912.9%
Southwest Gas Holdings, Inc. SWX$6.6 billionn/an/an/an/a0.862.8%
Black Hills Corp. BKH$6.5 billion20.418.0%24.3%2.8%1.133.3%
Txnm Energy Inc. TXNM$6.4 billion28.076.3%24.4%10.0%1.652.9%
Ormat Technologies, Inc. ORA$5.7 billion42.745.1%16.7%28.6%0.600.5%
New Jersey Resources Corp. NJR$5.5 billion15.0113.9%24.8%6.4%1.403.5%
Portland General Electric Co. POR$5.5 billion19.736.3%14.4%1.2%1.164.6%
Spire Inc. SR$5.2 billion9.9015.3%19.7%4.1%2.033.7%
NorthWestern Energy Group, Inc. NWE$5.1 billion31.225.7%18.1%10.1%1.273.2%
One Gas, Inc. OGS$5.1 billion17.258.3%21.1%-1.9%1.003.3%
Archrock, Inc. AROC$4.8 billion14.2021.4%n/a3.7%1.473.2%
Kodiak Gas Services, Inc. KGS$4.2 billion49.563.7%27.4%8.2%1.264.6%
MDU Resources Group Inc. MDU$4.0 billion20.026.5%17.1%-0.7%0.873.0%
American States Water Co. AWR$3.6 billion24.6512.6%32.2%11.1%0.792.3%
Chesapeake Utilities Corp. CPK$3.4 billion22.129.0%27.2%13.9%1.042.0%
Avista Corp. AVA$3.4 billion13.498.7%18.9%-1.4%1.194.9%
Otter Tail Corp. OTTR$3.3 billion18.719.2%15.2%0.0%0.652.9%
California Water Service Group CWT$3.2 billion22.797.2%19.4%4.8%0.862.6%
H2O America HTO$3.0 billion24.704.8%20.7%4.2%0.952.8%
MGE Energy Inc. MGEE$3.0 billion18.5510.9%22.5%8.0%0.632.3%
Fervo Energy Co. FRVO$2.7 billionn/an/an/an/a0.08n/a
Northwest Natural Holding Co. NWN$2.2 billion17.138.3%22.9%3.2%1.843.8%
Centuri Holdings, Inc. CTRI$2.1 billion36.326.0%3.1%31.5%0.90n/a
NGL Energy Partners LP NGL$1.9 billionn/an/a1.9%18.0%n/an/a
NextDecade Corp. NEXT$1.6 billionn/a-83.8%n/an/a107.19n/a
Hawaiian Electric Industries Inc. HE$1.5 billion6.3912.8%10.5%13.6%1.28n/a
New Fortress Energy Inc. NFE$1.3 billionn/an/a-84.3%-36.9%n/an/a
Excelerate Energy, Inc. EE$1.2 billion25.252.1%23.8%16.2%0.460.9%
Middlesex Water Co. MSEX$1.1 billion21.639.5%30.5%8.9%0.802.4%
Unitil Corp. UTL$1.0 billion18.318.6%18.6%21.1%1.543.3%
Xplr Infrastructure, LP XIFR$689 million4.601.4%6.4%-1.1%0.57n/a
York Water Co. YORW$530 million19.678.5%37.9%13.7%0.652.8%
Hallador Energy Co. HNRG$476 million505.00-0.5%3.7%6.5%0.23n/a
Genie Energy Ltd. GNE$462 million16.1810.9%5.2%1.7%0.031.7%
Consolidated Water Co. Ltd. CWCO$436 million27.527.2%12.3%-1.2%0.002.1%
Clean Energy Fuels Corp. CLNE$421 millionn/a-13.6%-4.0%6.3%0.39n/a
Montauk Renewables, Inc. MNTK$388 million54.203.0%0.6%4.3%0.57n/a
Artesian Resources Corp. ARTNA$354 million15.049.2%25.0%5.9%0.723.7%
Cadiz Inc. CDZI$300 millionn/a-789.7%-236.1%-21.3%18.65n/a
Summit Midstream Corp. SMC$288 millionn/a-0.6%14.6%20.9%2.07n/a
Pure Cycle Corp. PCYO$262 million17.859.7%37.7%22.9%0.09n/a
RGC Resources Inc. RGCO$241 million17.2911.4%17.3%13.8%1.213.7%
Global Water Resources, Inc. GWRS$219 million81.112.6%12.6%9.8%1.414.1%
Stabilis Solutions, Inc. SLNG$67 millionn/a-15.0%-19.4%-30.3%0.14n/a
Ocean Power Technologies, Inc. OPTT$4 millionn/an/a-1,088.8%-25.8%1.17n/a
15 companies share its SEC industry code (Electric & Other Services Combined); the rest are the names nearest in size in its wider industry, Utilities, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

The public record on WEC

Dividends$3.75 a share over the four quarters to 30 September 2026, a 3.24% yield
Filings35 in twelve months: 23 current reports (8-K), about 10 regulation FD disclosure; 6 other events; 6 results of operations; 3 officer or director change; 1 material agreement
Planned insider sales10 Form 144 notices in twelve months, $6.4 million; latest 4 November 2026
Options tapeput/call 0.52 by open interest at the 6 November 2026 close; the straddle prices a 2.9% move to 20 November 2026
13F holders1,414 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading16 sales and 0 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest14.5 million shares short, 5.83 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Filings

FilingPeriodFiledWhere
10-Q30 September 202630 October 2026EDGAR
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 202531 October 2025EDGAR
10-Q30 June 20251 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202421 February 2025EDGAR
10-Q30 September 20241 November 2024EDGAR
10-Q30 June 202431 July 2024EDGAR

Reading about a stock somewhere else? Our free Chrome extension, GreekSoup Stock Ticker Lookup: Earnings, Insider Trades, 13F Holders, shows the latest quarter against a year ago, insider trades and 13F holders when you hover a $ticker such as $AAPL.