Wec.Ax
WEC.AX operates in the coal and integrated oil and gas sector, generating revenue primarily through the exploration, production, and sale of fossil fuels.
Business. WEC Energy Group, Inc. (NYSE: WEC) is an electric utility company that operates within the Utilities sector. The firm generates service revenue primarily through its electric utility activities. Specific details regarding operating segments and geographic mix are not provided. The company is headquartered in the United States and is listed on the New York Stock Exchange.
Analyst recommendations
21 analysts · consensus BuyAt a glance
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · BP (BP)
- EarningsQ3 2026 earnings (expected)2026-10-30 · estimated · Chevron (CVX)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressJulie Johnson — WEC Energy Group, Inc. Common2025-09-25 · Democrat · TX · Sale · $1,001 - $15,000
- CongressJared Moskowitz — WEC Energy Group, Inc. Common2024-07-05 · Democrat · FL · Sale · $1,001 - $15,000
- CongressJared Moskowitz — WEC Energy Group, Inc. Common2024-07-01 · Democrat · FL · Sale · $1,001 - $15,000
Pre-earnings brief
WEC Energy Group, Inc. (WEC) has added several notable power generation assets to its portfolio, marking a significant expansion in its operational footprint. The additions include the Juneau power asset, the Castle Rock Conventional Hydroelectric facility with a 15.0 MW capacity, the F.D. Kuester Generating Station—a 131.6 MW Natural Gas Internal Combustion Engine plant—and the Petenwell Conventional Hydroelectric facility with a 20.0 MW capacity. Additionally, the A.J. Mihm Generating Station was added to the company's asset list. These changes were detected on July 14, 2026, and represent a notable increase in the company's tracked infrastructure. This expansion underscores WEC's continued investment in diverse power generation sources, including both hydroelectric and natural gas technologies. The inclusion of the F.D. Kuester Generating Station, with its substantial 131.6 MW capacity, highlights a significant addition to the company's natural gas generation capabilities. Meanwhile, the additions of Castle Rock and Petenwell reinforce WEC's presence in the hydroelectric sector, contributing to a more balanced and resilient energy mix. The strategic addition of these assets aligns with WEC's broader goals of enhancing its energy production capacity and diversifying its resource base. By integrating both conventional hydroelectric and natural gas internal combustion engine technologies, WEC is likely aiming to optimize its operational efficiency and meet varying energy demands. This move also reflects the company's commitment to maintaining a robust and adaptable power generation portfolio. As a publicly traded company with index membership and a significant number of top holders, WEC's asset expansions are closely watched by investors and analysts. The addition of these facilities could have implications for the company's future revenue streams and operational performance. Stakeholders will be interested in how these new assets contribute to WEC's overall financial health and strategic objectives in the evolving energy landscape.
Signals & dispatch
Composite-score breakdown
Synthesis
WEC Energy Group, Inc. (NYSE: WEC) is an electric utility company that operates within the Utilities sector. The firm generates service revenue primarily through its electric utility activities. Specific details regarding operating segments and geographic mix are not provided. The company is headquartered in the United States and is listed on the New York Stock Exchange.
WEC.AX exhibits a highly leveraged capital structure, with a debt-to-equity ratio of -19.48, indicating that liabilities significantly outweigh equity. The company's liquidity position is rated as medium, with a current ratio of 4.48, suggesting it can cover short-term obligations but faces challenges in long-term solvency. Free cash flow is negative at -29,196,000, and operating cash flow is also negative at -2,260,000, signaling cash flow constraints.
Profitability metrics are severely negative, with a net income of -23,921,000 and an operating income of -23,804,000. Return on equity is abnormally high at 14.13 due to the negative equity base, while return on assets is -1.85, indicating poor asset utilization. These figures fall well below the typical performance of the Oil, Gas & Consumable Fuels industry, where positive returns and stable cash flows are expected.
The company's revenue is concentrated in the fossil fuel sector, with no disclosed geographic diversification or segment breakdown in the provided data. This lack of diversification increases exposure to sector-specific risks, such as commodity price volatility and regulatory changes.
Growth trajectory is negative, with a recent revenue of 174,000 and a history of declining profitability. The outlook for the current fiscal year is not provided, but the negative operating and net income suggest a challenging near-term performance. Capital expenditures of -2,335,000 indicate ongoing investment, but the negative free cash flow suggests these investments are not being funded by positive cash generation.
Risk factors include liquidity constraints and a high debt burden, with total liabilities of 14,613,000 and total equity of -1,693,000. The dilution risk is rated as low, with no near-term pressure from share issuance or dilution events. However, the negative net cash position after subtracting total debt is a key flag for potential insolvency.
Recent events or filings are not disclosed in the provided data, but the negative financial performance and high leverage suggest the company may be under pressure to restructure or secure additional financing.
WEC Energy Group, Inc. (WEC) has added several notable power generation assets to its portfolio, marking a significant expansion in its operational footprint. The additions include the Juneau power asset, the Castle Rock Conventional Hydroelectric facility with a 15.0 MW capacity, the F.D. Kuester Generating Station—a 131.6 MW Natural Gas Internal Combustion Engine plant—and the Petenwell Conventional Hydroelectric facility with a 20.0 MW capacity. Additionally, the A.J. Mihm Generating Station was added to the company's asset list. These changes were detected on July 14, 2026, and represent a notable increase in the company's tracked infrastructure. This expansion underscores WEC's continued investment in diverse power generation sources, including both hydroelectric and natural gas technologies. The inclusion of the F.D. Kuester Generating Station, with its substantial 131.6 MW capacity, highlights a significant addition to the company's natural gas generation capabilities. Meanwhile, the additions of Castle Rock and Petenwell reinforce WEC's presence in the hydroelectric sector, contributing to a more balanced and resilient energy mix. The strategic addition of these assets aligns with WEC's broader goals of enhancing its energy production capacity and diversifying its resource base. By integrating both conventional hydroelectric and natural gas internal combustion engine technologies, WEC is likely aiming to optimize its operational efficiency and meet varying energy demands. This move also reflects the company's commitment to maintaining a robust and adaptable power generation portfolio. As a publicly traded company with index membership and a significant number of top holders, WEC's asset expansions are closely watched by investors and analysts. The addition of these facilities could have implications for the company's future revenue streams and operational performance. Stakeholders will be interested in how these new assets contribute to WEC's overall financial health and strategic objectives in the evolving energy landscape.
- WEC.AX is highly leveraged with a debt-to-equity ratio of -19.48, indicating significant financial distress.
- The company is unprofitable, with a net income of -23,921,000 and a negative return on assets of -1.85.
- Free cash flow is negative at -29,196,000, and operating cash flow is also negative, signaling cash flow constraints.
- The company's revenue is concentrated in the fossil fuel sector, with no geographic or segment diversification disclosed.
- Liquidity is rated as medium, with a current ratio of 4.48, but the negative net cash position after debt is a key risk.
- The outlook for the company is uncertain, with no positive financial indicators in the recent data.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Phantom Stock Units → Common StockAcquired 321grant · 2026-07-08
- Director · Phantom Stock Units → Common StockAcquired 267grant · 2026-07-08
- Director · Phantom Stock Units → Common StockAcquired 310grant · 2026-07-08
- EVP WEC Infrastructure · Stock Option (right to buy) → Common StockDisposed 4 665 @ $58,30exercise · 2026-05-19
- Vice President and Treasurer · Phantom Stock Units → Common StockAcquired 951other · 2026-05-12
- Director · Phantom Stock Units → Common StockAcquired 309grant · 2026-04-07
- Director · Phantom Stock Units → Common StockAcquired 296grant · 2026-04-07
- Director · Phantom Stock Units → Common StockAcquired 319grant · 2026-04-07
- EVP & Chief Operating Officer · Phantom Stock Units → Common StockAcquired 2 582grant · 2026-04-01
- Executive VP & General Counsel · Phantom Stock Units → Common StockAcquired 657grant · 2026-03-04
- Director · Stock Option (right to buy) → Common StockDisposed 3 180 @ $68,17exercise · 2026-02-23
- Director · Stock Option (right to buy) → Common StockDisposed 5 000 @ $68,17exercise · 2026-02-17
- Director · Stock Option (right to buy) → Common StockDisposed 25 000 @ $68,17exercise · 2026-02-13
- Sr. VP-Corp Comm & Inv Rel · Stock Option (right to buy) → Common StockDisposed 2 815 @ $66,02exercise · 2026-02-13
- Director, President and CEO · Stock Option (right to buy) → Common StockDisposed 8 089 @ $58,30exercise · 2026-02-09
- Director · Phantom Stock Units → Common StockAcquired 354grant · 2026-01-08
- Director · Phantom Stock Units → Common StockAcquired 378grant · 2026-01-08
- Director · Phantom Stock Units → Common StockAcquired 342grant · 2026-01-08
- Vice President & Controller · Stock Option (right to buy) → Common StockAcquired 3 176 @ $106,09grant · 2026-01-02
- Director · Phantom Stock Units → Common StockAcquired 1 750grant · 2026-01-02
- Exec Vice President - Ext Affs · Stock Option (right to buy) → Common StockAcquired 9 926 @ $106,09grant · 2026-01-02
- EVP and CFO · Stock Option (right to buy) → Common StockAcquired 20 955 @ $106,09grant · 2026-01-02
- Executive VP & General Counsel · Stock Option (right to buy) → Common StockAcquired 10 786 @ $106,09grant · 2026-01-02
- Sr. VP-Corp Comm & Inv Rel · Stock Option (right to buy) → Common StockAcquired 3 516 @ $106,09grant · 2026-01-02
- Director · Phantom Stock Units → Common StockAcquired 1 750grant · 2026-01-02
Physical assets
2 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Mt Penny Coal Deposit | Other | Coal | Australia | Operating company |
| Mt Penny Coal Deposit | Mine | Coal | Australia | Operating company |
Actions
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- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- WEC.AX Market data — financials · 2026-05-30
Ownership & reference
Insider activity
- EVP WEC Infrastructure · Common StockSold 1 000 @ $110,92$111K · 2026-05-19
- EVP WEC Infrastructure · Common StockOther 4 665 @ $58,30$272K · 2026-05-19
- EVP WEC Infrastructure · Common StockSold 1 665 @ $111,11$185K · 2026-05-19
- EVP WEC Infrastructure · Common StockSold 2 000 @ $110,85$222K · 2026-05-19
- EVP & Chief Operating Officer · Common StockOther 424 @ $115,94$49K · 2026-04-01
- Director · Common StockSold 1 450 @ $114,60$166K · 2026-02-24
- Director · Common StockOther 3 180 @ $68,17$217K · 2026-02-23
- Director · Common StockSold 3 180 @ $115,44$367K · 2026-02-23
- Director · Common StockSold 5 000 @ $116,55$583K · 2026-02-17
- Director · Common StockOther 5 000 @ $68,17$341K · 2026-02-17
- Sr. VP-Corp Comm & Inv Rel · Common StockOther 2 815 @ $66,02$186K · 2026-02-13
- Director · Common StockOther 25 000 @ $68,17$1,7M · 2026-02-13
- Director · Common StockSold 5 000 @ $115,38$577K · 2026-02-13
- Director · Common StockSold 5 000 @ $115,41$577K · 2026-02-13
- Director · Common StockSold 5 000 @ $115,46$577K · 2026-02-13
- Director · Common StockSold 5 000 @ $115,45$577K · 2026-02-13
- Director · Common StockSold 5 000 @ $115,50$578K · 2026-02-13
- Sr. VP-Corp Comm & Inv Rel · Common StockSold 2 815 @ $115,50$325K · 2026-02-13
- Director, President and CEO · Common StockSold 8 089 @ $110,70$895K · 2026-02-09
- Director, President and CEO · Common StockOther 8 089 @ $58,30$472K · 2026-02-09
- Exec Vice President - Ext Affs · Common StockOther 157 @ $105,05$16K · 2026-01-05
- Vice President and Treasurer · Common StockOther 38 @ $105,05$4K · 2026-01-05
- EVP and CFO · Common StockOther 318 @ $105,05$33K · 2026-01-05
- EVP WEC Infrastructure · Common StockOther 60 @ $105,05$6K · 2026-01-05
- Vice President & Controller · Common StockOther 61 @ $105,05$6K · 2026-01-05
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): 8.8%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 14.0%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 4.3%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 5.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 181.6%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.59xDerived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 5.9%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -0.4%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 0.2%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 23.0%Derived (calculated)
- Shares outstanding (annual): 325.46MSEC XBRL filing
- Current liabilities (annual): USD 5.59BSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 5SEC XBRL filing
- Revenue (annual): USD 9.8BSEC XBRL filing
- Operating cash flow (annual): USD 3.38BSEC XBRL filing
- Pre-tax income (annual): USD 1.67BSEC XBRL filing
- Operating income (annual): USD 2.24BSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 5SEC XBRL filing
- Long-term debt (annual): USD 20.02BSEC XBRL filing
- Total assets (annual): USD 51.52BSEC XBRL filing
- Current assets (annual): USD 3.28BSEC XBRL filing
- Cash & equivalents (annual): USD 27.6MSEC XBRL filing
- Cost of revenue (annual): USD 3.27BSEC XBRL filing
- Cash & equivalents (YoY) (2024-12-31 vs 2023-12-31): -77.2%Derived (calculated)