Wec Energy Group, Inc.

Company facts

Industry

Electric & Other Services Combined

Headquarters

Milwaukee, Wisconsin

Most recent report

8-K, filed Sep 4, 2026

Incorporated

Wisconsin

Filings on record

1,021+ filings

On EDGAR

CIK 783325

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 10 sections worth reading, with 1 positive, 6 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Full financial statements and notes with major regulatory, earnings, and financing events.
  Notable

  • New $3.0B ATM equity program; 6.4M shares in forward contracts at June 30, 2026.
  • VLC tariff approved May 2026 but credit support provisions are being contested in court.
  • PGL/NSG settled rider disputes: $130M rate base removal, $75M customer refund; total $205M balance.

• Management's Discussion (Item 2)

  Detailed results, regulatory settlements, VLC collateral, and capital plan require attention.
  Positive

  • Quarterly dividend raised by $0.06 per share (6.7%) effective March 2026 payment.
  Notable

  • Non-utility segment earnings rose $36.4M on improved market conditions, lower storm losses, and insurance proceeds.
  • Wisconsin segment earnings up $25.8M (14.1%) from $208.2M in Q2 2026, driven by new PSCW rate orders.
  • Expected 2026 annual effective tax rate revised to 6.5%-7.5%, up from prior 5.5%-6.5% range.
  Negative

  • VLC collateral requirement expected to peak at ~$7 billion due to Oracle's parent credit rating downgrade.

What changed: Jun 2026 vs. Mar 2026

About 19% of WEC's Jun 2026 10-Q is new information. 169 paragraphs were added, 275 changed, and 47 removed. Below are the most important lines SECSift identified.

• Item 2 231
• Item 1 107
• Item 5 3
• Item 4 2
• Item 3 1