WEC Energy Group reports third-quarter results

(NYSE:WEC) WEC Energy Group reported net income of $389.3 million, or $1.18 per share, for the third quarter of 2026, an increase from $271.3 million, or $0.83 per share, in the third quarter of 2025. For the nine months ended September 30, 2026, net income was $1.49 billion, or $4.54 per share, up from $1.24 billion, or $3.85 per share, in the same period a year ago. Consolidated revenues for the nine months totaled $7.8 billion, representing an increase of $523.9 million compared to the nine months ended September 30, 2025. Scott Lauber, chairman, president and CEO, attributed the strong results to warmer-than-normal weather, execution of the capital plan, and operating efficiency. Retail deliveries of electricity, excluding the iron ore mine in Michigan's Upper Peninsula and Very Large Customers (VLCs) in Wisconsin, increased by 3.3 percent in the third quarter of 2026 compared to the prior year. Electricity consumption by small commercial and industrial customers rose by 3.5 percent, while use by large commercial and industrial customers (excluding the iron ore mine and VLCs) increased by 1.0 percent. Residential electricity use was up by 5.1 percent. On a weather-normal basis, retail deliveries of electricity during the third quarter, excluding the iron ore mine and VLCs, increased by 0.4 percent. The company raised and narrowed its 2026 earnings guidance to a range of $5.60 to $5.64 per share, assuming normal weather for the remainder of the year, compared to the previous guidance range of $5.51 to $5.61 per share. Earnings per share figures are on a fully diluted basis. WEC Energy Group scheduled a conference call for 1 p.m. Central time on Thursday, October 29, to review third-quarter earnings and the company's outlook. The company serves 4.8 million customers in Wisconsin, Illinois, Michigan, and Minnesota. Principal utilities include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. We Power, a major subsidiary, designs, builds, and owns electric generating plants. WEC Infrastructure LLC owns renewable generation facilities in states from South Dakota to Texas. WEC Energy Group is a Fortune 500 company, a component of the S&P 500, with approximately 31,000 stockholders of record, 7,000 employees, and more than $53 billion of assets.

WEC Energy Group declares quarterly dividend

(NYSE:WEC) WEC Energy Group announced that its board of directors has declared a quarterly cash dividend of 95.25 cents per share on the company's common stock. The dividend will be payable on December 1, 2026, to stockholders of record as of November 13, 2026. This dividend represents the 337th consecutive quarter that the company will have paid a dividend to its stockholders, a streak dating back to 1942. WEC Energy Group serves 4.8 million customers across Wisconsin, Illinois, Michigan, and Minnesota. The company's principal utilities include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. We Power, a major subsidiary, is responsible for designing, building, and owning electric generating plants. WEC Infrastructure LLC, another subsidiary, owns a fleet of renewable generation facilities in states from South Dakota to Texas. WEC Energy Group is a Fortune 500 company and is included in the S&P 500 index. The company has approximately 31,000 stockholders of record. WEC Energy Group employs 7,000 people. The company reports having more than $53 billion of assets.

Winchester Equity Corporation Announces Repayment of Loan Agreement

(TSXV:WEC) Winchester Equity Corporation is pleased to announce that the secured promissory note with Taxfyle, Inc has been repaid in full. The Company provided Taxfyle with a short-term loan facility of USD $500,000, bearing a flat interest rate of 5% (USD $25,000). The Promissory Note has been repaid in full including all accrued interest. The Promissory Note constitutes an Arm's Length Transaction as defined in Policy 1.1 of the TSXV.

WEC Energy Group reports second-quarter results

(NYSE: WEC) WEC Energy Group reported net income of $299.2 million, or 91 cents per share, for the second quarter of 2026, up from $245.4 million, or 76 cents per share, for last year's second quarter. For the first six months of 2026, the company recorded net income of $1.1 billion, or $3.36 per share, compared to $969.6 million, or $3.02 per share, in the corresponding period a year ago. Consolidated revenues totaled $5.5 billion, up $337.3 million from the first half of 2025. Operating revenues for the second quarter were $2,062.1 million, and for the first six months were $5,496.3 million. The company is reaffirming its 2026 earnings guidance of $5.51 to $5.61 per share, assuming normal weather for the remainder of the year. WEC Energy Group serves 4.8 million customers in Wisconsin, Illinois, Michigan and Minnesota, and has more than $52 billion of assets. The company has approximately 31,000 stockholders of record and 7,000 employees.

(NYSE: WEC) The board of directors of WEC Energy Group declared a quarterly cash dividend of 95.25 cents per share on the company's common stock. The dividend is payable Sept. 1, 2026, to stockholders of record on Aug. 14, 2026. This marks the 336th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. WEC Energy Group serves 4.8 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company has approximately 31,000 stockholders of record, 7,000 employees and more than $52 billion of assets. WEC Energy Group is a Fortune 500 company and a component of the S&P 500. The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources.

Winchester Equity Corporation Announces New Loan Agreement

(TSXV:WEC) Winchester Equity Corporation announced that it has entered into a new secured promissory note with Taxfyle, Inc for a short-term loan facility of USD $500,000. The loan is due to be repaid on or before August 15, 2026, and bears a flat interest rate of 5% (USD $25,000). The promissory note is secured against the assets of Taxfyle, including a pledge of specific receivables in excess of the loan amount plus interest. Taxfyle is described as a rapidly growing tax preparation / filing company located in Miami, FL, with a proprietary "human-touch", agentic AI tax preparation platform that automates up to 70% of return preparation. The transaction is classified as an Arm's Length Transaction under Policy 1.1 of the TSXV. No Non-Arm's Length Parties of the Company have any direct or indirect interest in, or relationship with Selma, nor are they insiders of Selma. The company notes that forward-looking statements in the release are subject to risks and uncertainties, and there is no assurance that expectations or assumptions will prove correct.

Lauber highlights exceptional year for WEC Energy Group

At WEC Energy Group's (NYSE: WEC) annual meeting, Scott Lauber, president and CEO, highlighted a strong year across customer satisfaction, financial performance, and execution of the company's capital plan. The company developed its largest five-year capital plan in history and returned a record $1.15 billion to stockholders through dividends. The dividend level was increased in January 2026 by 6.7% to an annual rate of $3.81 per share, marking the 23rd consecutive year of higher dividends. The meeting also marked the end of Gale Klappa's tenure on the board, with Lauber appointed chairman and Klappa named Chairman Emeritus. WEC Energy Group serves 4.8 million customers and has more than $51 billion of assets.