Every 10-Q that WISC ELEC PWR 6 PR (WELPM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WELPM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WELPM filings page.
Wisconsin Electric Power Company reported higher 2026 results, with second‑quarter operating revenues of $1,057.1 million and net income attributed to the common shareholder of $149.8 million, up from $1,010.8 million and $118.5 million a year earlier. For the first six months of 2026, operating revenues were $2,380.6 million and net income to the common shareholder was $385.0 million, compared with $2,189.9 million and $314.6 million in 2025. Results benefited from higher electric and natural gas revenues and a sharp increase in AFUDC‑Equity, which rose to $81.1 million year‑to‑date from $30.0 million.
Cash generation was strong: net cash from operating activities reached $778.2 million in the first half, supporting $1,388.6 million of capital expenditures and pending investments including a 30% stake in Weston Generating Station Unit 4 (estimated at $150 million) and an 80% interest in the 67.2 MW Whitetail Wind project (about $178 million). The balance sheet showed total assets of $20,923.0 million, with long‑term debt increasing after $1.1 billion of new debenture issuances and additional equity contributions from the parent.
Strategically, management extended the operating lives of Oak Creek Power Plant Units 7 and 8 through 2027, with a net book value of $604.6 million, as a reliability bridge until new dispatchable generation comes online. A major 2027–2028 rate filing seeks electric increases of $175.8 million (4.7%) in 2027 and $179.5 million (4.5%) in 2028, along with a proposed 9.9% allowed ROE. Newly approved Very Large Customer and Bespoke Resources tariffs establish dedicated cost recovery for large data‑center‑type loads, with ROEs between 10.48% and 10.98%, while the broader capital plan continues to shift generation from coal toward natural gas and renewables in pursuit of long‑term carbon‑neutral goals.
Wisconsin Electric Power Company reported higher first‑quarter results, with operating revenues of $1,323.5 million and net income of $235.5 million, up from $1,179.1 million and $196.4 million a year earlier. Utility revenues grew in both electric and natural gas businesses, helped by stronger residential and large commercial and industrial demand. Cash from operations increased to $481.3 million, funding substantial capital expenditures of $531.1 million focused on generation transition and network reliability.
The company issued $300.0 million of 5.65% debentures due 2056 and received a $405.0 million equity contribution from its parent, while reducing short‑term debt to $135.0 million. It is pursuing acquisitions of a 30% interest in the Weston 4 coal unit, currently estimated at $150 million, and an 80% interest in the 67.2 MW Whitetail Wind project for about $178 million. Management also filed a 2027–2028 rate case requesting staged electric and gas increases and obtained verbal approval for new Very Large Customer and Bespoke Resources tariffs to serve data centers and other large loads without shifting costs to other customers.
Wisconsin Electric Power Company reported stronger Q3 2025 results. Operating revenues were $1,201.9 million, up from $1,079.3 million a year ago, driven mainly by higher electric utility revenue. Operating income rose to $339.4 million from $321.3 million, and net income increased to $197.4 million from $169.7 million. For the first nine months, net income was $512.6 million versus $389.6 million.
The balance sheet expanded with total assets of $18,664.3 million and common shareholder’s equity of $6,834.1 million. Year‑to‑date, the company received $1,085.0 million in equity contributions from its parent and paid $240.0 million in dividends. It issued $500.0 million of 4.15% Debentures due October 15, 2030, and increased its revolving credit facility to $800.0 million (available capacity $762.0 million). OCPP Units 7–8 were reclassified as plant to be retired with a net book value of $630.4 million, and the company recorded $54.9 million in finance lease obligations tied to the High Noon solar project.