News & Videos - WEC ENERGY GROUP INC.

Klappa, Lauber highlight exceptional year for WEC Energy Group PR Newswire MILWAUKEE, May 9, 2024 MILWAUKEE , May 9, 2024 /PRNewswire/ -- At WEC Energy Group's (NYSE: WEC) annual meeting of stockholders today, Gale Klappa , executive chairman, and Scott Lauber , president and CEO, highlighted another strong year on virtually every meaningful measure — from customer satisfaction, to financial performance, to steady execution of the company's capital plan. They also emphasized that it was a year...

WEC Energy Group reports first-quarter results PR Newswire MILWAUKEE, May 1, 2024 MILWAUKEE , May 1, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $622.3 million , or $1.97 per share, for the first quarter of 2024 — up from $507.5 million , or $1.61 per share, in last year's first quarter. Consolidated revenues totaled $2.7 billion , down $207.9 million from the first quarter a year ago. "Throughout the warmest winter in Wisconsin history, we remained laser...

WEC Energy Group to acquire 90% ownership of Delilah I Solar Energy Center PR Newswire MILWAUKEE, April 29, 2024 MILWAUKEE , April 29, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center. Delilah I is a 300-megawatt project located approximately 140 miles northeast of Dallas, Texas . The project was developed and built by Invenergy — a leading global developer and operator of...

WEC Energy Group to announce 2024 first-quarter results May 1 PR Newswire MILWAUKEE, April 24, 2024 MILWAUKEE , April 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 first-quarter earnings news release before the stock market opens Wednesday, May 1 . A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time . Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time...

WEC Energy Group declares quarterly dividend PR Newswire MILWAUKEE, April 18, 2024 MILWAUKEE , April 18 , 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 83.50 cents per share on the company's common stock. The dividend is payable June 1, 2024 , to stockholders of record on May 14, 2024 . This marks the 327 th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. WEC...

Hooper named President of We Energies and Wisconsin Public Service PR Newswire MILWAUKEE, March 12, 2024 MILWAUKEE , March 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Michael Hooper , currently president and chief operating officer of Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource (NYSE: NI) , has been named president of We Energies and Wisconsin Public Service, effective April 1, 2024 . "We're fortunate to have Mike join our senior...

Thinking about buying stock in Intuitive Machines, Lyell Immunopharma, Hallador Energy, Eiger Biopharmaceuticals, or WEC Energy Group? PR Newswire NEW YORK, March 5, 2024 NEW YORK , March 5, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LUNR, LYEL, HNRG, EIGR, and WEC. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. LUNR:...

WEC Energy Group posts 2023 results PR Newswire MILWAUKEE, Feb. 1, 2024 MILWAUKEE , Feb. 1, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income based on generally accepted accounting principles (GAAP) of $1.3 billion , or $4.22 per share, for 2023. This compares to earnings of $1.4 billion , or $4.45 per share, for 2022. Full-year 2023 earnings include a non-cash charge of 41 cents per share related to previous capital investments that were disallowed by the Illinois...

WEC Energy Group to announce 2023 fourth-quarter and year-end financial results Feb. 1 PR Newswire MILWAUKEE, Jan. 25, 2024 MILWAUKEE , Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1 . A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time . Detailed financial information will be available on the WEC Energy...

WEC Energy Group Announces Preliminary Results of Tender Offer and Initial Settlement of Tender Offer PR Newswire MILWAUKEE, Jan. 24, 2024 MILWAUKEE , Jan. 24, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the Early Tender Time (as defined below) results for its previously announced offer to purchase for cash (the "Tender Offer") up to $300,000,000 aggregate principal amount (as such amount may be increased or decreased by WEC Energy Group pursuant...

WEC Energy Group raises quarterly dividend by 7 percent PR Newswire MILWAUKEE, Jan. 18, 2024 MILWAUKEE , Jan. 18, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 83.50 cents per share on the company's common stock, an increase of 7 percent over the current quarterly dividend of 78 cents per share. This raises the annual dividend rate to $3.34 per share. The higher dividend is payable March 1, 2024 , to stockholders of record...

WEC Energy Group Commences Capped Tender Offer for 2007 Series A Junior Subordinated Notes due 2067 PR Newswire MILWAUKEE, Jan. 9, 2024 MILWAUKEE , Jan. 9, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced that it has commenced an offer to purchase for cash (the "Tender Offer") up to $300,000,000 aggregate principal amount (as such amount may be increased or decreased by WEC Energy Group pursuant to the terms of the Tender Offer, the "Maximum Acceptance...

WEC Energy Group announces plan to increase dividend by 7 percent PR Newswire MILWAUKEE, Dec. 20, 2023 MILWAUKEE , Dec. 20, 2023 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company's common stock to 83.50 cents per share in the first quarter of 2024. This would represent an increase of 5.5 cents per share, or 7 percent. The directors expect to declare the new dividend at their regularly...

WEC Energy Group reports third-quarter results PR Newswire MILWAUKEE, Oct. 31, 2023 MILWAUKEE , Oct. 31, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $316.0 million , or $1.00 per share, for the third quarter of 2023 — up from $302.0 million , or 96 cents per share, in last year's third quarter. For the first nine months of 2023, the company recorded net income of $1.11 billion , or $3.52 per share — down from $1.16 billion , or $3.65 per share, in the...

WEC Energy Group to announce 2023 third-quarter results Oct. 31 PR Newswire MILWAUKEE, Oct. 24, 2023 MILWAUKEE , Oct. 24, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 third-quarter earnings news release before the stock market opens Tuesday, Oct. 31 . A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time . Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time...

WEC Energy Group declares quarterly dividend PR Newswire MILWAUKEE, Oct. 19, 2023 MILWAUKEE , Oct. 19, 2023 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 78 cents per share on the company's common stock. The dividend is payable Dec. 1, 2023 , to stockholders of record on Nov. 14, 2023 . This marks the 325 th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. WEC...

WEC Energy Group's Corporate Responsibility Report highlights sustainable progress for an enduring enterprise PR Newswire MILWAUKEE, Aug. 9, 2023 MILWAUKEE , Aug. 9, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today released its 2022 Corporate Responsibility Report. The report provides a comprehensive overview of the company's environmental, social and governance (ESG) performance. The report outlines the progress made by WEC Energy Group and its family of companies on major projects and...

WEC Energy Group reports second-quarter results PR Newswire MILWAUKEE, Aug. 1, 2023 MILWAUKEE , Aug. 1, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $289.7 million , or 92 cents per share, for the second quarter of 2023 — up from $287.5 million , or 91 cents per share, in last year's second quarter. For the first six months of 2023, the company recorded net income of $797.2 million , or $2.52 per share — down from $853.4 million , or $2.70 per share, in the...

WEC Energy Group to announce 2023 second-quarter results Aug. 1 PR Newswire MILWAUKEE, July 25, 2023 MILWAUKEE , July 25, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 second-quarter earnings news release before the stock market opens Tuesday, Aug. 1 . A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time . Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time...

WEC Energy Group declares quarterly dividend PR Newswire MILWAUKEE, July 20, 2023 MILWAUKEE , July 20, 2023 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 78 cents per share on the company's common stock. The dividend is payable Sept. 1, 2023 , to stockholders of record on Aug. 14, 2023 . This marks the 324 th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. WEC...