WEC Energy Group: How to get the most out of your investment

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WEC ($NYSE:WEC) Energy Group Inc. is a diversified energy company with operations in electric and natural gas utilities, and non-regulated businesses. The Company serves more than four million customers in Wisconsin, Illinois, Michigan and Minnesota. WEC Energy Group’s strategy is to provide safe, reliable and affordable energy services to customers, while delivering shareholder value through consistent growth in earnings and dividends. WEC Energy Group’s electric and natural gas utilities are regulated by state Public Service Commissions or Public Utility Commissions. The Company’s non-regulated businesses are not subject to regulation by these commissions. We Energies’ Wisconsin gas utility, Wisconsin Natural Gas, serves approximately one million customers.

The Company’s non-regulated businesses include: WECTrol, which provides energy management services; We Power, which owns and operates power plants; We Energies Resources, which invests in electric and natural gas utility businesses; and We Generation, which develops, owns and operates renewable generation facilities. WEC Energy Group is committed to providing safe, reliable and affordable energy services to customers while delivering shareholder value through consistent growth in earnings and dividends. The Company’s regulated utilities are subject to state regulation, while the non-regulated businesses are not. WEC Energy Group’s diversified business mix provides exposure to different aspects of the energy industry, making it a well-rounded investment.

Market Price

WEC Energy Group Inc. , a diversified energy company, is headquartered in Milwaukee, Wisconsin. The company’s electric and natural gas utilities include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas and Michigan Gas Utilities. WEC Energy Group also has a non-utility segment that consists of We Power, Wispark LLC and other subsidiaries. The company has been in the news lately for its proposed merger with Integrys Energy Group, Inc. . The merger is still subject to regulatory approvals, but if it goes through, it will create one of the largest energy companies in the Midwest. So far, news coverage of the proposed merger has been mostly positive.

Analysts believe that the combined company will be able to achieve significant cost savings and operational efficiencies. The merger will also give the combined company a larger scale, which will be beneficial in the competitive energy industry. On Friday, WEC ENERGY stock opened at $86.6 and closed at $85.5, down by 1.2% from prior closing price of $86.5. The stock has been volatile over the past few weeks as investors wait for more news on the proposed merger.

VI Analysis

WEC Energy Group Inc. is a diversified energy company with operations in electric and natural gas utilities, and non-utility businesses in the United States and Canada. The company operates through four segments: Wisconsin, Illinois, Other States, and Canada. The Wisconsin segment provides electric and natural gas service to customers in Wisconsin and Illinois through We Energies, Wisconsin Public Service Corporation, and Peoples Gas. The Illinois segment offers electric and natural gas service to customers in northern Illinois through North Shore Gas.

The Other States segment provides electric service to customers in Michigan through Wisconsin Electric Power Company, and electric and natural gas service to customers in Upper Michigan through Upper Peninsula Power Company. The Canada segment offers electric service to customers in Ontario through Wisconsin Energy-Canada Holding Corporation.

Summary

WEC Energy Group Inc. is an electric and natural gas utility company based in Milwaukee, Wisconsin. WEC Energy Group Inc. is the parent company of Wisconsin Electric Power Company, Wisconsin Gas LLC, Peoples Gas, North Shore Gas, and We Energies. The company serves more than 4 million customers in Wisconsin, Illinois, Michigan, and Minnesota. The company’s earnings are expected to grow at a faster pace than its earnings growth rate over the past five years as it benefits from the tailwinds of the Tax Cuts and Jobs Act.

WEC Energy Group Inc. is a well-managed utility company with a long history of paying dividends. The company’s stock is attractively valued and offers investors a high yield.