$WEC (WEC Energy Group, Inc.)

$WEC {{ '2015-08-12T18:10:30+0000' | timeago}} • SEC

$WEC Form 4: On Aug. 10, 2015, Gale Klappa, Chairman and CEO, exercised 2,500 stock options and acquired the same number of shares at $24.0175 per share. On the same day, Gale disposed of 2,500 shares of Common Stock at a price of $50.2 per share. Post transaction, Gale now owns 162,479 shares directly.

$WEC {{ '2017-05-02T13:17:02+0000' | timeago}} • Announcement

$WEC said retail deliveries of electricity for the Wisconsin and Michigan utilities ‒ excluding the iron ore mines in Michigan's Upper Peninsula ‒ slid 1.1% YoY in 1Q17. Residential use of electricity was down 2.1%, while consumption by small commercial and industrial customers was flat quarter over the quarter.

$WEC {{ '2017-05-02T13:13:22+0000' | timeago}} • Announcement

Electric services company $WEC posted higher revenue and profit in 1Q17. Revenue rose 5% to $2.3Bil, which helped it post a higher net income of $356.6MM, or  $1.12 per share, compared to $346MM, or $1.09 per share in the year-ago period.

$WEC {{ '2017-02-01T19:35:15+0000' | timeago}} • Webcast

$WEC expects earnings for 2017 to be in the range of $3.06 per share to $3.12 per share. This forecast is in line with previously disclosed EPS growth expectation and assumes normal weather, said the company.

$WEC {{ '2017-02-01T19:33:39+0000' | timeago}} • Webcast

$WEC said net cash provided by operating activities increased $809.9MM for the year ended Dec. 31, 2016. This increase was primarily driven by $655MM of net cash flows from the operating activities of Integrys.

$WEC {{ '2017-02-01T12:41:31+0000' | timeago}} • Announcement

Electricity and natural gas supplier $WEC reported 4Q16 net income attributed to common shareholders of $194.4MM, or $0.61 per diluted share, an increase of 8.4% from $179.3MM, or $0.57 per diluted share, a year ago. Revenue for the quarter grew 6% YoverY to $1.9Bil.

$WEC {{ '2016-12-02T11:00:28+0000' | timeago}} • Announcement

$WEC expects 2017 EPS of $3.06-3.12. This consistent with the company objective to grow EPS at 5-7% compound annual growth rate off a 2015 base of $2.72. The planned dividend raise is consistent with objective to target a dividend payout ratio of 65-70% of earnings, a policy in line with its peers across the utility industry.

$WEC {{ '2016-12-02T10:58:06+0000' | timeago}} • Announcement

$WEC said its BoD is planning to raise quarterly dividend to 52 cents per share in 1Q17. This would represent rise of 2.5 cents per share or 5.1% over current rate. The board expect to declared new dividend at regular scheduled meeting in January. The dividend is expected to be payable on March 1, 2017 to stockholders of record on Feb. 14, 2017.

$WEC {{ '2016-10-26T19:14:41+0000' | timeago}} • Webcast

$WEC said it expects FY16 earnings to be at the upper end of $2.88-$2.94 per share, driven by positive 3Q16 results. The annual effective tax rate is expected to be in the range of 37.5%-38.5%.

$WEC {{ '2016-10-26T19:02:30+0000' | timeago}} • Webcast

$WEC's Wisconsin segment operating income grew $42.5MM to $299.1MM in 3Q16. This "strong" result was helped by significantly warmer weather and timing of positive fuel recoveries. Illinois segment operating income grew $8.2MM to $11.7MM, helped by continued investment in the Gas System Modernization Program.

$WEC {{ '2016-10-26T14:54:25+0000' | timeago}} • Announcement

$WEC said retail deliveries of electricity for Wisconsin Electric Power Co. and Wisconsin Public Service Corp. rose 4.1% in 3Q16. Residential use of electricity was up 8.1%. Consumption of electricity by small commercial and industrial customers increased 3.6%.

$WEC {{ '2016-10-26T14:52:56+0000' | timeago}} • Announcement

Electricity and natural gas supplier $WEC reported 3Q16 earnings of $217.0MM, or 68 cents per share, up from $182.5MM, or 58 cents per share a year ago, helped by warmer-than-normal weather and Integrys acquisition. WEC Energy Group was formed last year, when Wisconsin Energy completed the acquisition of Integrys.

$WEC {{ '2016-07-27T23:29:46+0000' | timeago}} • Webcast

Julien Dumoulin-Smith of UBS asks about $WEC's plans on expanding its storage capacity. CEO Allen Leverett says $WEC is having "active" discussions with two storage owners currently and will reveal more details later.

$WEC {{ '2016-07-27T14:43:45+0000' | timeago}} • Announcement

Electricity and natural gas company $WEC reported a higher quarterly profit, helped by its acquisition of Integrys. 2Q16 earnings were $181.4MM, or 57 cents per share, compared with $80.9MM, or 35 cents per share a year ago. Revenue rose to $1.6Bil from $990MM, driven by an addition of $620MM of revenue from Integrys.

$WEC {{ '2016-06-07T19:12:01+0000' | timeago}} • SEC

As of March 31, 2016, $WEC's current liabilities exceeded current assets by approx. $333.4MM. This is not expected to have any impact on liquidity as $WEC believes it has adequate back-up lines of credit for ongoing operations. Company has access to capital markets to finance construction programs & refinance current maturities of long-term debt.

$WEC {{ '2016-06-07T19:07:17+0000' | timeago}} • SEC

During 1Q16, $WEC's net cash provided by operating activities increased $365.9MM vs. 1Q15. This increase was driven by $307.8MM of net cash flows from the operating activities of Integrys during the quarter, which excludes payments related to WEC Energy Group income tax allocation agreement.

$WEC {{ '2016-06-07T19:06:55+0000' | timeago}} • SEC

Provider of electricity and natural gas $WEC's 1Q16 interest expense increased by $41.5MM, or 69.9% vs. 1Q15. The increase was driven by $34.8MM of interest expense from Integrys and its subsidiaries in 2016. Additionally, the company issued $1.2Bil of long-term debt in June 2015 to finance a part of the cash consideration for Integrys acquisition.

$WEC {{ '2016-05-03T18:33:23+0000' | timeago}} • Webcast

$WEC said the company is reaffirming its 2016 earnings guidance of $2.88-2.94 a share, which represents a 6-8% growth. For 2Q16, the company expects EPS to be in the range of $0.51-0.55, assuming normal weather for rest of the quarter and excludes any remaining acquisition related cost.

$WEC {{ '2016-05-03T18:24:08+0000' | timeago}} • Webcast

$WEC said the company expects its 2016 and 2017 capital budgets at $1.55Bil and $1.9Bil respectively. Consolidated operating income for 1Q16 was $589.3MM compared to an adjusted $367.6MM a year ago. $WEC also said that earnings from the Integrys company drove an increase in its consolidated income tax expense of $90.2MM.

$WEC {{ '2016-05-03T18:15:06+0000' | timeago}} • Webcast

Milwaukee-based Energy company $WEC said the company is continuing to see customer growth across its system. At March end, Wisconsin Utilities was serving approx. 8,000 more electric customer and nearly 11,000 more natural gas customers from a year ago.

$WEC {{ '2016-05-03T13:43:03+0000' | timeago}} • Announcement

$WEC said its Retail sales of electricity for Wisconsin Electric Power Company and Wisconsin Public Service Corporation â?? excluding the iron ore mines in Michigan's Upper Peninsula â?? decreased by 1.6% from 1Q15. Residential use of electricity was down by 4.2%.

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