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WEC Energy Group - Stock

WEC Energy Group Liabilities 2024

WEC Energy Group Liabilities

32.19 B USD

Ticker

WEC

ISIN

US92939U1060

WKN

A14V4V

In 2024, WEC Energy Group's total liabilities amounted to 32.19 B USD, a 5.65% difference from the 30.46 B USD total liabilities in the previous year.

WEC Energy Group Aktienanalyse

What does WEC Energy Group do?

WEC Energy Group Inc. is a large energy supply company from the United States. The company operates in the electricity generation and energy distribution sector and is headquartered in Milwaukee, Wisconsin. The company's history dates back to 1896 and is characterized by constant expansion and diversification of its offerings. WEC Energy Group's business model is focused on stable and sustainable energy supply. The company is committed to expanding renewable energy sources and utilizing innovative technologies and environmentally friendly processes. Based on this guiding principle, WEC Energy Group has developed six business segments: 1. Wisconsin Electric Power Company The Wisconsin Electric Power Company (We Energies) is the most important subsidiary of WEC Energy Group. It operates several power plants in Wisconsin and serves approximately 2.2 million customers with electricity and gas. The primary sources of generation include coal, as well as gas, oil, wind, and solar energy. 2. Wisconsin Gas LLC Wisconsin Gas is a subsidiary of We Energies and provides natural gas to customers in Wisconsin. The gas tariff is calculated based on current market prices. 3. Minnesota Energy Resources Corporation In Minnesota, WEC Energy Group operates a gas distribution network through the Minnesota Energy Resources Corporation (MERC). The gas supply is also calculated based on market prices. 4. Integrys Energy Services, Inc. Integrys Energy Services, Inc. sells various energy services to customers in the United States and Canada. The company offers services such as electricity procurement, delivery, and trading. 5. We Power LLC We Power LLC is a joint venture between WEC Energy Group and two other energy providers. The company offers consumer-focused electricity trading enhanced by advanced technology and intelligent networks. 6. WEC Infrastructure LLC WEC Infrastructure LLC invests in the US power transmission network and is involved in several important energy infrastructure projects. This includes the expansion of renewable energies and smart grid technology. WEC Energy Group's products, such as electricity and gas, are sold to customers in Wisconsin, Michigan, Minnesota, and Illinois. The company specializes in renewable energies such as wind, solar, and biomass, and aims to expand these technologies. Through the use of innovative technologies, WEC Energy Group strives to act sustainably and environmentally conscious. In summary, WEC Energy Group Inc. is one of the leading energy providers in the United States. For over 125 years, the company has been delivering energy safely and reliably. Through broad diversification and the use of innovative technologies, WEC Energy Group offers sustainable energy supply with excellent service. WEC Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing WEC Energy Group's Liabilities

WEC Energy Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating WEC Energy Group's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing WEC Energy Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

WEC Energy Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in WEC Energy Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about WEC Energy Group Stock

What is the level of liabilities of WEC Energy Group this year?

WEC Energy Group has a debt balance of 32.19 B USD this year.

What were the liabilities of WEC Energy Group compared to the previous year?

The liabilities of WEC Energy Group have increased by 5.65% increased compared to the previous year.

What are the consequences of high debt for investors of WEC Energy Group?

High liabilities can pose a risk for investors of WEC Energy Group, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in WEC Energy Group?

Low liabilities mean that WEC Energy Group has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of WEC Energy Group affect the company?

An increase in liabilities of WEC Energy Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of WEC Energy Group affect the company?

A decrease in the liabilities of WEC Energy Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of WEC Energy Group?

Some factors that can influence the liabilities of WEC Energy Group include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of WEC Energy Group so important for investors?

The liabilities of WEC Energy Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can WEC Energy Group take to modify the liabilities?

To change its liabilities, WEC Energy Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does WEC Energy Group pay?

Over the past 12 months, WEC Energy Group paid a dividend of 3.12 USD . This corresponds to a dividend yield of about 3.99 %. For the coming 12 months, WEC Energy Group is expected to pay a dividend of 3.25 USD.

What is the dividend yield of WEC Energy Group?

The current dividend yield of WEC Energy Group is 3.99 %.

When does WEC Energy Group pay dividends?

WEC Energy Group pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of WEC Energy Group?

WEC Energy Group paid dividends every year for the past 25 years.

What is the dividend of WEC Energy Group?

For the upcoming 12 months, dividends amounting to 3.25 USD are expected. This corresponds to a dividend yield of 4.16 %.

In which sector is WEC Energy Group located?

WEC Energy Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von WEC Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of WEC Energy Group from 6/1/2024 amounting to 0.835 USD, you needed to have the stock in your portfolio before the ex-date on 5/13/2024.

When did WEC Energy Group pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of WEC Energy Group in the year 2023?

In the year 2023, WEC Energy Group distributed 2.91 USD as dividends.

In which currency does WEC Energy Group pay out the dividend?

The dividends of WEC Energy Group are distributed in USD.

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Andere Kennzahlen von WEC Energy Group

Our stock analysis for WEC Energy Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of WEC Energy Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.