WEC ENERGY GROUP, INC.
Close on Oct 19, 2026
- Market cap
- $35.19B
- P/E (TTM)
- 20.7
- Dividend yield
- 3.34%
About Wec Energy
Electric & Other Services Combined, SIC 4931
WEC Energy Group, Inc. is an energy holding company that provides regulated electricity and natural gas utility services, as well as renewable energy and nonregulated renewable energy operations. Its utility activities are organized into reportable segments covering operations across Wisconsin, Illinois, and other states. The company generates, transmits, and distributes electricity, distributes natural gas, transports third-party natural gas, and supplies steam for heating and industrial processes. Its customer base includes residential consumers, small and large commercial and industrial entities, electric cooperatives, municipal joint action agencies, and wholesale power purchasers across sectors such as manufacturing, paper production, health care, real estate, and education.
Headquartered in Milwaukee, Wisconsin, the company conducts its utility and energy operations primarily across the Midwestern United States, serving communities in Wisconsin, Illinois, Michigan, and Minnesota. In addition, it holds an equity stake in an electric transmission entity operating in those four states. Its physical infrastructure encompasses 8,375 megawatts of owned electric generation capacity, natural gas distribution networks, underground gas storage fields including the Manlove Field facility, and liquefied natural gas storage plants.
Summary of the business section of Wec Energy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- WEC ENERGY GROUP, INC.
- Founded
- 1981
- Headquarters
- Milwaukee, WI
- Address
- 231 W Michigan St, P O Box 1331 53201
- Phone
- (414) 221-2345
- Website
- wecenergygroup.com
- Employees
- 4,504, Dec 31, 2012
- Industry
- Electric & Other Services Combined
- Incorporated in
- Wisconsin
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, Milwaukee, Wisconsin
Stock & identifiers
- Ticker
- WEC
- Exchange
- NYSE
- Shares outstanding
- 326M, Jun 30, 2026
- Public float
- $33.50B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, May 5, 2011; 2-for-1, Mar 2, 2011; 3-for-2, Jul 1, 1992; 2-for-1, Jul 1, 1987; 3-for-2, Jul 28, 1982
- SEC CIK
- 783325
- CUSIP
- 92939U106
- ISIN
- US92939U1060
- LEI
- 549300IGLYTZUK3PVP70
- EIN
- 39-1391525
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Scott J. Lauber | President and CEO, Director | 73,542 |
| Daniel Krueger | EVP WEC Infrastructure | 12,891 |
| Caroline M. Garcia | Vice President and Controller | – |
| Anthony Reese | Vice President and Treasurer | 5,216 |
| Michael Hooper | EVP & Chief Operating Officer | 7,720 |
| Margaret C. Kelsey | Executive VP & General Counsel | 17,981 |
| Mary Beth Straka | Sr. VP-Corp Comm & Inv Rel | 4,707 |
| Joshua M. Erickson | VP and Deputy General Counsel | 9,325 |
| Robert M. Garvin | Exec Vice President - Ext Affs | 16,661 |
| Molly A. Mulroy | EVP & Chief Admin Officer | 14,804 |
| William J. Guc | Vice President & Controller | 9,277 |
| Xia Liu | EVP and CFO | 23,548 |
| William Mastoris | Vice President | 8,286 |
| Ulice Payne Jr | Director | 19,588 |
| Danny L. Cunningham | Director | 8,536 |
| Thomas K. Lane | Director | 12,944 |
| Mary Ellen Stanek | Director | 4,204 |
| Gale E. Klappa | Director | 283,887 |
| Warner L. Baxter | Director | 3,353 |
| Cristina A. Garcia-Thomas | Director | 3,187 |
| Glen E. Tellock | Director | 10,067 |
| Maria C. Green | Director | 1,689 |
| John D. Lange | Director | 3,353 |
| William M. Farrow III | Director | 5,753 |
| Ave M. Bie | Director | 3,264 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Fletcher | $0 | $0 | $3.64M | $135 | $149 |
| FY2025 Lauber | $12.19M | $20.87M | $3.64M | $135 | $149 |
| FY2024 Fletcher | $0 | $0 | $4.74M | $117 | $129 |
| FY2024 Lauber | $10.95M | $16.22M | $4.74M | $117 | $129 |
| FY2023 Fletcher | $0 | $0 | $5.19M | $101 | $111 |
| FY2023 Lauber | $9.55M | $5.71M | $5.19M | $101 | $111 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 29, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 29, 2015 | Name change | Name changed from WISCONSIN ENERGY CORP to WEC ENERGY GROUP, INC. |
| Aug 13, 2014 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 18, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 9, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 17, 1999 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 9, 1998 | Deregistration | Termination of SEC registration (Form 15) |
| Aug 28, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 7, 1995 | Merger | Registration of securities for a merger or exchange offer (S-4) |