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WEC Energy Group Inc

107.55
+1.331.25%
Post-market: 107.550.00000.00%19:15 EDT
Volume:1.71M
Turnover:184.64M
Market Cap:34.17B
PE:22.27
High:108.28
Open:107.25
Low:106.75
Close:106.22
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Company Profile

Company Name:
WEC Energy Group Inc
Exchange:
NYSE
Establishment Date:
1896
Employees:
7017
Office Location:
231 West Michigan Street,PO Box 1331,Milwaukee,Wisconsin,United States
Zip Code:
53201
Fax:
- -
Introduction:
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, and oil, as well as hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2022, it operated approximately 35,600 miles of overhead distribution lines and 36,100 miles of underground distribution cables, as well as 430 electric distribution substations and 514,800 line transformers; 52,000 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

Directors

Name
Position
Gale E. Klappa
Non-Executive Chairman of the Board
Scott J. Lauber
President and Chief Executive Officer and Director
Thomas K. Lane
Independent Lead Director
Ave M. Bie
Director
Cristina A. Garcia Thomas
Director
Danny L. Cunningham
Director
Glen E. Tellock
Director
John Lange
Director
Maria C. Green
Director
Mary Ellen Stanek
Director
Ulice Payne, Jr.
Director
Warner Baxter
Director
William M. Farrow, III
Director

Shareholders

Name
Position
Scott J. Lauber
President and Chief Executive Officer and Director
Mary Beth Straka
Senior Vice President - Corporate Communications and Investor Relations
Xia Liu
Executive Vice President and Chief Financial Officer
Anthony L. Reese
Vice President and Treasurer
Daniel P. Krueger
Executive Vice President - WEC Infrastructure
Joshua M. Erickson
Vice President and Deputy General Counsel,Secretary
Margaret C. Kelsey
Executive Vice President, Corporate Secretary and General Counsel
Michael Hooper
President Wisconsin Utilities
Molly A. Mulroy
Executive Vice President and Chief Administrative Officer
Robert M. Garvin
Executive Vice President
William J. Guc
Vice President and Controller
William Mastoris
Executive Vice President – Customer Service and Operations