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WEC Energy Group, Inc. (WEC)

NYSE - Nasdaq Real Time Price. Currency in USD
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97.95+1.39 (+1.44%)
At close: 4:00PM EDT
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  • A
    Annette
    From 8-K filed last week---

    On March 10, 2021, Tom Metcalfe, President of Wisconsin Electric Power Company, Wisconsin Public Service Corporation and Wisconsin Gas LLC (collectively, the “Utility Subsidiaries”), notified WEC Energy Group that he and his family have made the difficult decision to relocate to Australia for personal reasons. Mr. Metcalfe will remain as President of the Utility Subsidiaries until the end of 2021. Effective January 1, 2022, Mr. Metcalfe will assume an advisory role for several months to help with the transition of his successor, who will be
    named in due course later this year.
  • K
    KENNETH
    4 weeks ago I said be 100 by summer
    Bullish
  • K
    KENNETH
    Going to 100
  • D
    Daryl
    Other than the banking sector higher interest rates adversely impacts nearly all equities.

    With WEC and other utilities investors seem to fixate on rates. That’s understandable but do rising rates impact earnings on utilities more than other equities? It sure impacts share price more.

    Why is this?

    Last Q good earnings report was offset by interest rate fears and share price continued to drop. The affects of the polar vortex will again boost revenue disproportionately to increased costs and hence earnings will rise,

    Do u think they will again be more than offset by int rate fears? Yellen and fed reserve board state they don’t intend to ease the prime as they want economy to improve.

    All opinions appreciated
  • J
    Jim
    Just read an interesting article in the WI State Journal re the legality of leasing solar power equipment in WI. Apparently the law prevents non-utility companies from providing leased solar equipment, so homeowners are forced to pay for the full system up-front. Even though there's huge demand for solar, most people can't afford the $10K - $20K cost so they do without.

    WHY AREN'T WE TAKING ADVANTAGE OF OUR MONOPOLY BY OFFERING LEASED SOLAR SYSTEMS TO HOMEOWNERS? This is easy marginal revenue.
  • K
    KENNETH
    Just reinvest the dividends
    It will be 100 by summer
    Bullish
  • G
    Gary
    Wells Fargo just upgraded today.
  • K
    KENNETH
    It will be back 20 percent by summer
    Bullish
  • R
    Randy
    Why is it in the red
  • B
    Booleansearcher
    with rising rates these are dogs and sold a year ago at the highs...now need to get closer to 4% yields the old adage before I look again. Boolean
  • d
    dclarkatsan
    They announced today (12/6/18) a dividend increase of 3.75 cents per share or 6.8 percent over the current quarterly rate. 
  • B
    Booleansearcher
    WEC will not collapse - this selling on the wind farm purchase is ill advised in my opinion. This is forward looking leadership. Yes utes have run hard and have been top performers BUT for good reason...yield, cash flow and growth. Boolean
  • W
    William L
    It just "tickles me" to see the short term thinking at these chat boards. Utilities are not a trade-in/trade-out investment. They have always been capital commitment intensive with returns geared toward income versus growth. The best way to "grow" a utility investment is to reinvest their (usually) outsized yields. Drips are the most cost efficient way to do so. I would also advise avoiding utilities in the overly high-regulated locals. Can you say PG&E? Great company, but terrible customer base.
  • d
    doc
    November 10 2020 the price was 106$. Now 87? Dividend up and no significant change in customer base, management, or revenue. This is why when investment experts tell me to put more money in the market I laugh.
    I guess the stock market has always been a joke, but as I get older I have trouble advising my grandchildren to participate.
  • d
    doc
    So earnings are good. Dividend is up on quarter. So let's sell. What? As usual market makes no sense.
  • D
    Daryl
    Ahhh. Very good Q3 and YTD. Guidance also good. Frequently there is an adverse relationship between utilities and DJI. Not today! WEC outperforming an up market.
  • N
    Neil
    Div increased 7%
    3000 shares ave cost $39.67
    love it
    Bullish
  • A
    Annette
    Great discussion regarding the Kiefner & Associates study during the first quarter 2020 conference call. Billing associated with the Chicago gas pipe replacement program are very high because the utility is performing activities normally completed by the city. The city does not want to complete this work because of their very high debt levels. WEC needs this very profitable project to fund the executives investment into the world champion Milwaukee Bucks.
  • u
    unlucky
    Electric / Natural Gas will be here for generations to come......and the Graft will keep going up / ......and as the dollar shrinks, the price will rise!....any time is a good time to buy....BONUS; Dividends !
    Bullish
  • A
    Annette
    Upon a closer review of the 10-K, this company has four headquarters (if you count the posh offices overlooking Lake Michigan), three power plants that will be idled, a ton of share-based compensation and a high level of non-utility expenses. When is the next utility rate case?? Hopefully the PSCW is gearing up!!