WEC Energy Group Inc

NYSE WEC

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WEC Energy Group Inc Receivables 2 year CAGR for the quarter ending March 31, 2024: -2.44%

WEC Energy Group Inc Receivables 2 year CAGR is -2.44% for the quarter ending March 31, 2024, a -179.72% change year over year. Receivables are amounts owed to the company by customers for goods sold or services rendered. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • WEC Energy Group Inc Receivables for the quarter ending March 31, 2023 was USD 1.78 B, a 8.86% change year over year.
  • WEC Energy Group Inc Receivables for the quarter ending March 31, 2022 was USD 1.64 B, a -2.44% change year over year.
  • WEC Energy Group Inc Receivables for the quarter ending March 31, 2021 was USD 1.68 B, a 42.46% change year over year.
  • WEC Energy Group Inc Receivables for the quarter ending March 31, 2020 was USD 1.18 B, a -17.71% change year over year.
NYSE: WEC

WEC Energy Group Inc

CEO Mr. Gale E. Klappa
IPO Date Oct. 26, 1984
Location United States
Headquarters 231 West Michigan Street, Milwaukee, WI, United States, 53201
Employees 7,000
Sector Utilities
Industry Utilities - regulated electric
Description

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

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StockViz Staff

September 19, 2024

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