WEC Energy Group Inc., based in Milwaukee, is a 98%-regulated energy company serving 4.7 million utility customers in Wisconsin, Illinois, Minnesota, and Michigan. The company is an electricity generator with transmission and distribution operations and also distributes natural gas. It has over 15 utility subsidiaries, primarily We Energies, Wisconsin Public Service, Peoples Gas, and Minnesota Energy Resources. Its other major subsidiary, We Power, designs, builds, and owns electricity generating plants. In 2025, total revenues topped $9.8 billion. Regulated electric operations account for about three-fourths of consolidated revenues. Of GAAP net income, about 56% has been earned in Wisconsin and 17% in Illinois. WEC is heavily dependent on the Wisconsin economy and the dairy industry and has a relatively larger residential base as compared to its commercial base. The company's current owned generation capacity is about 8 GW, with a fuel mix that is 33% natural gas, 30% coal, 20% nuclear, and 17% renewables. WEC operates two nuclear reactors. The utility has plans to reduce carbon emissions by 80% and to stop using coal as a fuel source by 2035, in line with many peers, and to eliminate methane emissions by 2030. WEC is a Fortune 500 company with a market cap of about $36 billion.

Stock indices saw minor gains on Wednesday and, once again, the fireworks were in individual names. There also was an explosion in the metals, crypto currencies, and the U.S. Dollar Index (USD). All the action was driven by headlines -- and for a day in August when we are supposed to be in the summer doldrums, things were quite newsy. The Treasury made a surprise announcement that it would at least double its long-term bond buyback operations, which sent the USD tumbling almost 0.9%. Bitcoin popped 8%, Ethereum soared 18%, and Solana spiked 13% on the greenback dive, a heavy dose of short covering, and hopes for market-structure legislation. Bitcoin poked its head above its bear-market trendline off the peaks since October 2025, with both Ethereum and Solana surging above their bear line. Gold (GLD) surged almost 4% and ran right into its 200-day average, while Silver (SLV) bolted 4.5% and remains 7% under its 200-day. GLD has broken its bear-market trendline off the peak since January 2026 while SLV stopped right at its bearish trendline.

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 30% gas distribution, 10% electric transmission, 9% unregulated renewable energy, and 2% LNG distribution and generation.

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 30% gas distribution, 10% electric transmission, 9% unregulated renewable energy, and 2% LNG distribution and generation.