WEC · Utilities

WEC ENERGY GROUP, INC.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Regulated Capital Investment PlanImportance 64 · Surprise 42
  WEC Energy Group is advancing a five-year capital plan totaling $37.5 billion through 2030. Planned spending is focused on renewable generation, grid infrastructure, and capacity additions supporting growing…
• Data Center / Load GrowthImportance 58 · Surprise 42
  WEC Energy Group is linking a significant portion of its long-term capital plan to hyperscale data-center demand in Wisconsin’s I-94 corridor. Microsoft and Oracle were identified as major sources of expected load…
• Revenue Performance and MixImportance 46 · Surprise 22
  WEC Energy Group reported second-quarter 2026 revenue of approximately $2.06 billion and net income of $301 million. Diluted EPS was $0.91, exceeding expectations by 12% and increasing 20% year over year. Results were…

News · 2026-08-07

• Regulated Capital Investment PlanImportance 64 · Surprise 42
  WEC Energy Group is advancing a five-year capital plan totaling $37.5 billion through 2030. Planned spending is focused on renewable generation, grid infrastructure, and capacity additions supporting growing…
• Data Center / Load GrowthImportance 58 · Surprise 42
  WEC Energy Group is linking a significant portion of its long-term capital plan to hyperscale data-center demand in Wisconsin’s I-94 corridor. Microsoft and Oracle were identified as major sources of expected load…
• Revenue Performance and MixImportance 46 · Surprise 22
  WEC Energy Group reported second-quarter 2026 revenue of approximately $2.06 billion and net income of $301 million. Diluted EPS was $0.91, exceeding expectations by 12% and increasing 20% year over year. Results were…

News · 2026-08-06

• Microsoft Data Center ContractImportance 59 · Surprise 60
  We Energies signed a 15-year electricity contract with Microsoft for its Mount Pleasant, Wisconsin, data center. The contract contains geographic restrictions on power-plant locations, but those provisions conflict…

News · 2026-08-05

• Regulated Capital Investment PlanImportance 64 · Surprise 42
  WEC Energy Group is advancing a five-year capital plan totaling $37.5 billion through 2030. Planned spending is focused on renewable generation, grid infrastructure, and capacity additions supporting growing…
• Rate Case OutcomesImportance 59 · Surprise 60
  WEC Energy Group secured regulatory approval for a Wisconsin tariff applicable to large customers. The company also filed multi-year rate-review applications intended to support recovery of planned regulated…
• Revenue Performance and MixImportance 46 · Surprise 22
  WEC Energy Group reported second-quarter 2026 revenue of approximately $2.06 billion and net income of $301 million. Diluted EPS was $0.91, exceeding expectations by 12% and increasing 20% year over year. Results were…

10-Q · 2026-08-04

• Capital Expenditure ProgramImportance 88 · Surprise 74
  WEC Energy Group spent $2,079.9 million on capital expenditures in the six months ended June 30, 2026, up $549.4 million from $1,530.5 million in 2025. Wisconsin expenditures increased $515.7 million to $1,832.1…
• Capital Expenditure OutlookImportance 86 · Surprise 74
  WEC Energy Group estimates total capital expenditures and acquisitions of $5.018 billion in 2026, $6.950 billion in 2027, and $6.966 billion in 2028. Wisconsin accounts for $4.223 billion, $5.953 billion, and $5.950…
• Gas Infrastructure ReplacementImportance 71 · Surprise 60
  The Illinois Commerce Commission (ICC) directed PGL in February 2025 to retire all cast- and ductile-iron pipes with diameters below 36 inches by January 1, 2035. PGL is pursuing the replacements through its Pipeline…
• Non-Utility Infrastructure PerformanceImportance 66 · Surprise 74
  Non-utility energy infrastructure net income increased $36.4 million to $118.7 million in the second quarter of 2026 from $82.3 million in the second quarter of 2025. Operating income increased $49.4 million, including…
• Regulated Capital Investment PlanImportance 64 · Surprise 42
  WEC expects total regulated utility capital expenditures of approximately $33.4 billion from 2026 through 2030 and forecasts its share of ATC capital expenditures at approximately $4.1 billion over the same five-year…
• Manufacturing Capacity ExpansionImportance 64 · Surprise 42
  WEC expects substantial new generation capacity will be required to support forecasted electric demand from data centers and modern manufacturing facilities. The company plans to invest approximately $6.1 billion from…
• Transmission Infrastructure InvestmentImportance 64 · Surprise 42
  WEC expects to provide approximately $645 million of capital contributions to American Transmission Company (ATC) from 2026 through 2028. Its share of MISO Tranche 1 and Tranche 2.1 investments is estimated at…
• Gross Margin DriversImportance 63 · Surprise 50
  Wisconsin GAAP gross margin increased $39.6 million to $1,208.7 million, while utility margin increased $130.8 million to $2,488.9 million for the six months ended June 30, 2026. Wisconsin rate orders effective January…
• Data Center Load GrowthImportance 60 · Surprise 42
  Economic growth continues in WEC Energy Group’s Wisconsin service territories, with companies investing in data centers and modern manufacturing facilities. Microsoft has announced plans to invest over $20 billion in…
• Grid Modernization and ReliabilityImportance 58 · Surprise 42
  WEC plans approximately $2.9 billion of battery-energy-storage investments from 2026 through 2030 to capture excess power and release it during peak demand or weather-related and other unexpected disruptions. The PSCW…
• Rate Case OutcomesImportance 53 · Surprise 60
  Wisconsin rate orders approved by the PSCW became effective January 1, 2026 and increased second-quarter Wisconsin utility margin by $44.2 million. The orders also authorized higher transmission expense, which…
• Revenue Performance and MixImportance 52 · Surprise 30
  Net income attributed to common shareholders increased $53.8 million, or 21.9%, to $299.2 million in the second quarter of 2026 from $245.4 million in the second quarter of 2025. Diluted EPS increased $0.15 to $0.91…
• Segment Revenue PerformanceImportance 49 · Surprise 22
  Wisconsin operating revenues increased $312.7 million, or 8.6%, to $3,959.8 million for the six months ended June 30, 2026, while Illinois revenues decreased $47.0 million, or 4.4%, to $1,011.9 million. Other states…
• Operating Expense TrendsImportance 48 · Surprise 40
  Wisconsin other operating expenses increased $125.3 million year over year, including $49.3 million of higher regulatory amortizations and pass-through expenses, $37.0 million of higher depreciation and amortization,…
• Wisconsin Segment PerformanceImportance 47 · Surprise 22
  Wisconsin segment net income increased $25.8 million, or 14.1%, to $208.2 million in the second quarter of 2026 from $182.4 million in the second quarter of 2025. Operating revenues increased $34.3 million to $1,621.5…
• Supply Chain DiversificationImportance 40 · Surprise 42
  WEC is diversifying natural gas supply and storage resources to address peak-day system constraints. The planned LNG facility at the OCPP site will provide two Bcf of storage capacity, while additional proposed…
• Renewable Generation TransitionImportance 37 · Surprise 42
  WEC expects to retire older fossil-fueled generation and replace it with natural-gas generation and zero-carbon-emitting renewable resources to comply with EPA regulations established under the Clean Air Act and reduce…
• Trade Policy and Supply Chain ImpactsImportance 37 · Surprise 42
  The U.S. Department of Commerce and U.S. International Trade Commission imposed duties beginning in June 2024 on certain solar-cell imports from Malaysia, Vietnam, Thailand, and Cambodia after finding that Chinese…
• Weather Impact on DemandImportance 35 · Surprise 48
  Unfavorable spring weather reduced Wisconsin second-quarter 2026 margins by $20.4 million compared with the second quarter of 2025. The combined WE and WG service area experienced heating degree days 20.4% below the…
• Renewable Energy TransitionImportance 31 · Surprise 42
  The Infrastructure Investment and Jobs Act provides approximately $1.2 trillion of federal spending through 2026, including approximately $85 billion for U.S. power, utility, and renewable infrastructure, supporting…
• Financing and DividendsImportance 29 · Surprise 64
  Net cash related to financing activities increased $30.9 million in the six months ended June 30, 2026, to $14.8 million from a $16.1 million use in 2025. Long-term debt issuance provided $779.2 million more cash, and…
• Market Demand TrendsImportance 26 · Surprise 24
  Wisconsin’s second-quarter 2026 electric retail sales increased by 253.3 thousand MWh year over year, driven by a 289.5 thousand MWh increase in large commercial and industrial sales, including demand associated with…
• Operating Cash Flow TrendsImportance 26 · Surprise 32
  Net cash provided by operating activities increased $194.8 million to $2,210.7 million for the six months ended June 30, 2026, from $2,015.9 million in 2025. Higher customer collections contributed $253.3 million of…
• Digital Utility TechnologyImportance 23 · Surprise 24
  WEC is progressing its advanced metering infrastructure program by replacing aging meter-reading equipment across utility networks and customer properties. The smart-meter system provides two-way communication, reduces…
• Income Tax Rate GuidanceImportance 20 · Surprise 24
  Corporate and other income tax expense increased $3.5 million in the second quarter of 2026, primarily because interim tax expense to align with the projected annualized consolidated effective tax rate increased $8.3…
• Liquidity and Debt PositionImportance 20 · Surprise 6
  At June 30, 2026, current liabilities exceeded current assets by $2,426.6 million. Management stated that revolving-credit capacity, operating cash generation, and capital-market access were adequate to meet short- and…

News · 2026-08-04

• Data Center / Load GrowthImportance 58 · Surprise 42
  WEC Energy Group is linking a significant portion of its long-term capital plan to hyperscale data-center demand in Wisconsin’s I-94 corridor. Microsoft and Oracle were identified as major sources of expected load…
• Renewable Generation TransitionImportance 52 · Surprise 42
  WEC Energy is planning investments in renewable generation and infrastructure to support demand growth and its net-zero emissions objective. The company’s stated target is net-zero emissions by 2050. Its renewable and…
• Revenue Performance and MixImportance 46 · Surprise 22
  WEC Energy Group reported second-quarter 2026 revenue of approximately $2.06 billion and net income of $301 million. Diluted EPS was $0.91, exceeding expectations by 12% and increasing 20% year over year. Results were…
• Regulatory RiskImportance 40 · Surprise 42
  We Energies said Microsoft will not be required to comply with geographic power-plant restrictions included in a recently signed 15-year contract for its Mount Pleasant data center. The Wisconsin Public Service…
• Dividend IncreaseImportance 13 · Surprise 6
  WEC Energy Group declared a quarterly dividend of $0.9525 per share. The dividend implies an annualized yield of approximately 3.5%. The company has increased its dividend for 22 consecutive years. Dividend growth is…