WEC Energy Group Inc
WEC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $51.00 | Qtbgy | Zlgcksjnhk |
WEC's Above-Average Electricity Demand Growth Supports Investment Plan
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Business Strategy and Outlook
WEC Energy Group is the largest Midwest utility, with approximately $29 billion of rate base and derives most of its earnings derived from regulated operations. Nearly 75% of earnings come from areas with constructive Wisconsin and Federal Energy Regulatory Commission regulation. Its regulated-like commercial renewable energy business accounts for the remainder of earnings.