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WEC Energy Group Inc - Stock Quote WEC

Rating as of

Morningstar's WEC Energy Group Inc Stock Analysis

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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Utility Selloff Now Has Sector Trading in Line With Our Fair Value Estimates

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are reaffirming our fair value estimates and moat ratings for the U.S. utilities we cover after the median utility in our coverage now trades in line with our fair value estimate, after the Morningstar US Utilities Sector Index declined 12% since Wednesday, June 8.

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Key Statistics - WEC

WEC Energy Group Inc's Company Profile

Business Description

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in its Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 47% electric generation and distribution, 36% gas distribution, 12% electric transmission, and 5% unregulated renewable generation.

Contact
231 West Michigan Street, P.O. Box 1331
Milwaukee, WI, 53201
T +1 414 221-2345
Industry Utilities - Regulated Electric
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Slow Growth
Employees 6,938

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