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WEC Energy Group Inc (WEC) - Financial and Strategic SWOT Analysis Review

WEC Energy Group Inc (WEC) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company's businesses and operations. The profile has been compiled by the publisher to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company's operations and business divisions.
  • Corporate strategy - Analyst's summarization of the company's business strategy.
  • SWOT Analysis - A detailed analysis of the company's strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives' employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

WEC Energy Group Inc (WEC) is an energy holding company. It generates and distributes electricity, steam and also supplies natural gas. The company produces electricity using various sources such as coal, natural gas, oil, hydro, solar, wind and biomass. WEC owns, maintains, monitors, and operates electricity transmission systems; owns generating facilities and leases them to its group entities; provides natural gas storage and hub services to its sister companies; and owns underground natural gas storage facilities. The company operates through subsidiaries. It serves residential, commercial, community, government customers in Wisconsin, Illinois, Michigan, and Minnesota. WEC is headquartered in Milwaukee, Wisconsin, the US.

WEC Energy Group Inc Key Recent Developments

  • May 01, 2023: WEC Energy Group Reports First-quarter Results
  • Apr 05, 2023: ALLETE Clean Energy closes on sale of Wisconsin wind project to WPS and MGE
  • Mar 07, 2023: Illinois Utilities share Itron AMI network to support meter modernization
  • Mar 01, 2023: Landis+Gyr Signs Contract with WEC Energy Group to Expand Existing AMI Program for Gas and Electricity

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company's business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors' business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company's core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies' strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • WEC Energy Group Inc - Key Facts
  • WEC Energy Group Inc - Key Employees
  • WEC Energy Group Inc - Key Employee Biographies
  • WEC Energy Group Inc - Major Products and Services
  • WEC Energy Group Inc - History
  • WEC Energy Group Inc - Company Statement
  • WEC Energy Group Inc - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
Section 2 - Company Analysis
  • Company Overview
  • WEC Energy Group Inc - Business Description
  • Business Segment: Corporate and Other
  • Performance
  • Business Segment: Electric Transmission
  • Overview
  • Business Segment: Illinois
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Non-Utility Energy Infrastructure
  • Overview
  • Performance
  • Business Segment: Other States
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Wisconsin
  • Overview
  • Performance
  • Key Stats
  • WEC Energy Group Inc - Corporate Strategy
  • WEC Energy Group Inc - SWOT Analysis
  • SWOT Analysis - Overview
  • WEC Energy Group Inc - Strengths
  • WEC Energy Group Inc - Weaknesses
  • WEC Energy Group Inc - Opportunities
  • WEC Energy Group Inc - Threats
  • WEC Energy Group Inc - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
Section 4 - Company’s Power, Oil & Gas Financial Deals and Alliances
  • WEC Energy Group Inc, Power, Deals By Year, 2017 to YTD 2023
  • WEC Energy Group Inc, Power, Deals By Type, 2017 to YTD 2023
  • WEC Energy Group Inc, Recent Deals Summary
Section 5 - Company’s Recent Developments
  • May 01, 2023: WEC Energy Group Reports First-quarter Results
  • Apr 05, 2023: ALLETE Clean Energy closes on sale of Wisconsin wind project to WPS and MGE
  • Mar 07, 2023: Illinois Utilities share Itron AMI network to support meter modernization
  • Mar 01, 2023: Landis+Gyr Signs Contract with WEC Energy Group to Expand Existing AMI Program for Gas and Electricity
  • Feb 02, 2023: WEC Energy Group posts 2022 results
  • Feb 02, 2023: WEC Energy Group announces project to demonstrate long-duration organic flow battery storage
  • Jan 26, 2023: WEC Energy Group to announce 2022 fourth-quarter and year-end financial results Feb. 2
  • Dec 08, 2022: MGE's Use of Solar and Battery Storage to Grow with Purchase of Darien Solar Energy Center
  • Nov 08, 2022: Wartsila & US partners succeed with world’s first-of-its-kind power plant fuel tests using blended hydrogen
  • Nov 02, 2022: Certarus supplies WEC Energy group with hydrogen for worlds largest hydrogen test on natural gas engine at michigan power plant
Section 6 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact the Publisher
  • Disclaimer
List of Tables
  • WEC Energy Group Inc, Key Facts
  • WEC Energy Group Inc, Key Employees
  • WEC Energy Group Inc, Key Employee Biographies
  • WEC Energy Group Inc, Major Products and Services
  • WEC Energy Group Inc, History
  • WEC Energy Group Inc, Subsidiaries
  • WEC Energy Group Inc, Key Competitors
  • WEC Energy Group Inc, Ratios based on current share price
  • WEC Energy Group Inc, Annual Ratios
  • WEC Energy Group Inc, Interim Ratios
  • WEC Energy Group Inc, Power, Deals By Year, 2017 to YTD 2023
  • WEC Energy Group Inc, Power, Deals By Type, 2017 to YTD 2023
  • WEC Energy Group Inc, Recent Deals Summary
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • WEC Energy Group Inc, Performance Chart (2018 - 2022)
  • WEC Energy Group Inc, Ratio Charts
  • WEC Energy Group Inc, Power, Deals By Year, 2017 to YTD 2023
  • WEC Energy Group Inc, Power, Deals by Type, 2017 to YTD 2023

Samples

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Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Teco Energy Inc
  • DTE Energy Co
  • Berkshire Hathaway Energy Co
  • Pinnacle West Capital Corp
  • Great River Energy
  • Portland General Electric Co
  • Consolidated Edison Inc
  • Madison Gas and Electric Co
  • Avista Corp
  • Pioneer Power & Light Co
  • MGE Energy Inc
  • Ameren Corp
  • Alliant Energy Corp
  • Northern States Power Company.
  • Edison International
  • Teco Energy Inc
  • Portland General Electric Co
  • Pioneer Power & Light Co
  • Pinnacle West Capital Corporation
  • Northern States Power Company.
  • MGE Energy Inc
  • Madison Gas and Electric Co
  • Great River Energy
  • Edison International
  • DTE Energy Co
  • Consolidated Edison Inc
  • Berkshire Hathaway Energy Co
  • Avista Corp
  • Ameren Corp
  • Alliant Energy Corp