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WEC Energy Group Inc WEC

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1-Star Price

PREMIUM

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PREMIUM

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PREMIUM

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Utilities Well Positioned as Biden Starts Work on Green Agenda

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are reaffirming our fair value estimates, moat ratings, and moat trend ratings for U.S. utilities after President Joe Biden kicked off his environmental policymaking efforts. We consider the sector fairly valued.

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Company Profile

Business Description

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in its Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 52% electric generation and distribution, 33% gas distribution, 13% electric transmission, and 2% unregulated renewable generation.

Contact
231 West Michigan Street, P.O. Box 1331
Milwaukee, WI, 53201
T +1 414 221-2345
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type High Yield
Employees 7,509

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