WEC Energy Group’s SEC filings document operating results, governance and financing activity for a Midwest electric and natural gas utility holding company. Form 8-K reports furnish quarterly and annual earnings releases, Regulation FD investor presentations, material-event disclosures, and debt offerings, including senior notes issued under shelf registration statements.
Proxy materials cover board elections, executive compensation, stockholder voting items and governance practices. The company’s disclosures also address capital plans, rate case activity, Illinois utility rider proceedings, sales volumes, credit metrics, environmental matters, weather, fuel and purchased-power costs, and risks tied to the availability of generation and distribution systems.
WEC Energy Group furnished an August 2026 investor update outlining long-term growth, capital plans and regulatory developments. The company reports a $37.7 billion market cap, 4.8 million retail customers and $52.8 billion of assets, and highlights a long track record of meeting or exceeding earnings guidance and raising dividends. 2026 earnings guidance is $5.51–$5.61 per share, with more than two decades of consistent EPS and dividend growth.
The plan for 2026–2030 calls for $37.5 billion of capital spending, 100% in regulated businesses, supporting targeted compound annual EPS growth of 7.0%–8.0%. Investments include $12.6 billion in regulated renewables totaling 6,535 MW of solar, wind and storage, plus $7.4 billion in thermal generation and LNG capacity. WEC expects to add 3.9 GW of electric demand from 2026–2030, roughly a 45% increase, driven in part by large data center projects from Microsoft and Vantage/OpenAI/Oracle along the Milwaukee–Chicago corridor.
Management details approved Very Large Customer tariffs, pending rate reviews in Wisconsin and Illinois with decisions expected in late 2026, and an Illinois rider settlement resolving about $2.3 billion of dockets, including plant reductions and $125 million in customer credits over three years. For 2026–2030, cash from operations of $20.5–$21.5 billion, $5.3–$5.7 billion of common equity and $14.2–$14.8 billion of incremental debt are projected to fund the plan while targeting FFO- and CFO-based leverage metrics above 15%–16%. WEC reports a 53% reduction in CO2 emissions versus 2005, aims to use coal only as backup by 2030, exit coal by 2032 and achieve net carbon-neutral electric generation by 2050.
WEC Energy Group reported stronger Q2 2026 results, with net income attributed to common shareholders of $299.2 million, or $0.91 per diluted share, up from $245.4 million, or $0.76, a year earlier. For the first six months, net income attributed to common shareholders was $1.1 billion, or $3.36 per diluted share, compared with $969.6 million, or $3.02, in the prior-year period. Consolidated revenues for the first half were $5.5 billion, up $337.3 million from the first half of 2025.
Retail electricity deliveries excluding an iron ore mine and Very Large Customers were essentially flat in Q2, with small commercial and industrial usage down 0.2%, large commercial and industrial up 0.9%, and residential down 1.1%; on a weather-normal basis, deliveries increased 1.2%. Cash from operating activities for the first half was $2,210.7 million, funding capital expenditures of $2,079.9 million. The company reaffirmed its 2026 earnings guidance of $5.51 to $5.61 per share.
WEC Energy Group director Lane Thomas K acquired 267.094 phantom stock units tied one-for-one to common stock. These units were granted at $117.00 per unit through a deferral of director fees under the company’s Director's Deferred Compensation Plan.
Following this award, Thomas directly holds a total of 18,149.2432 phantom stock units, which are to be settled in line with the plan’s terms and include amounts accrued through a dividend reinvestment feature.
STANEK MARY ELLEN reported acquisition or exercise transactions in this Form 4 filing.
WEC Energy Group director Mary Ellen Stanek reported a grant of 309.8291 Phantom Stock Units tied to deferred director fees. The units were valued at $117.0000 per unit on the grant date and are credited under the company’s Director's Deferred Compensation Plan.
Following this award, Stanek holds a total of 54,299.0755 Phantom Stock Units. The units are structured on a one-for-one basis with WEC common stock and include amounts accrued through a dividend reinvestment feature, all to be settled according to the plan’s terms.
WEC Energy Group director Danny L. Cunningham received a grant of phantom stock units as part of his director compensation. On July 8, he acquired 320.5128 phantom stock units, tied one-for-one to WEC common stock at a reference value of $117 per unit, through a deferral of director fees under the company’s Director's Deferred Compensation Plan. These units are to be settled according to the plan’s terms and include amounts accrued via a dividend reinvestment feature. Following this award, his deferred compensation balance totals 23,690.3371 phantom stock units. This is a non-market, compensation-related transaction rather than an open-market share purchase or sale.
The issuer WEC submitted a Form 144 notice identifying proposed sales tied to restricted stock vesting under a registered plan. The filing lists transactions dated 05/07/2026 (1,616 shares) and 01/02/2026 (384 shares) and shows a filing/filer line with 2000 and 06/17/2026.
WEC Energy Group is providing investors an updated long-term outlook highlighting steady growth, a large capital plan, and ongoing energy transition efforts. The company reports a $36.9 billion market cap as of May 22, 2026, serving 4.8 million retail customers with $51.7 billion of assets and 60% ownership of American Transmission Company.
Management emphasizes a history of consistent performance, including adjusted earnings per share rising to $5.27 in 2025 and 2026 EPS guidance of $5.51–$5.61 per share, supporting a long-term EPS growth outlook of 7.0%–8.0%. The annual dividend rate is $3.81 per share and is expected to grow 6.5%–7%, with a targeted payout ratio of 65%–70% of earnings.
From 2026–2030, WEC plans to invest $37.5 billion, including $12.6 billion in regulated renewables and $7.4 billion in thermal generation and LNG capacity, all within regulated businesses. The company outlines pending Wisconsin and Illinois rate reviews, an approved Illinois rider settlement, and a path to use coal only as backup by 2030 while targeting net carbon-neutral electric generation by 2050.
WEC Energy Group executive Daniel Krueger exercised stock options and sold shares of company stock. On May 19, 2026, he exercised options to acquire 4,665 shares of WEC common stock at an exercise price of $58.305 per share, increasing his direct holdings.
That same day, he executed open-market sales totaling 4,665 shares of common stock in three blocks: 2,000 shares at a weighted average price of $110.8497, 1,000 shares at $110.9190, and 1,665 shares at $111.1142 per share. Following these transactions, Krueger directly holds 7,346 shares of WEC common stock.
He also has an indirect interest in 2,721.856 shares through the WEC Employee Retirement Savings Plan, based on a plan statement dated as of April 30, 2026. This pattern reflects a common exercise-and-sell sequence where options are converted into shares and then partially or fully sold.
WEC Energy Group Vice President and Treasurer Anthony Reese reported a discretionary transaction involving phantom stock units tied to WEC common stock. On this date, 950.6571 phantom stock units were credited at a reference price of $112.58 per unit under the company’s Executive Deferred Compensation Plan.
Following the transaction, Reese held a total of 1,787.424 phantom stock units. These units are to be settled in line with the plan’s terms and include amounts accrued through a dividend reinvestment feature. The filing does not reflect an open-market buy or sell of WEC shares.