WEC Energy Group Inc
WEC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$24.00 | Pnzhdvp | Kcwllkhxz |
Strong Management Team Supports Our Confidence in Execution of Growth Plan
Business Strategy and Outlook
WEC Energy Group is the largest Midwest utility, with approximately $26.5 billion of rate base and derives most of its earnings derived from regulated operations. Nearly 75% of earnings come from constructive Wisconsin and Federal Energy Regulatory Commission regulation. Its regulated-like commercial renewable energy business accounts for the remainder of earnings.