WEC Energy Group is a holding company. Through its subsidiaries, Co. provides regulated natural gas and electricity, and nonregulated renewable energy. Co.'s segments include: Wisconsin, which generates and distributes electric energy and provides retail natural gas distribution service; Illinois, which includes the natural gas utility operations; Electric Transmission, which owns, maintains, monitors, and operates electric transmission systems in Wisconsin, Michigan, Illinois, and Minnesota; and Non-Utility Energy Infrastructure, which owns and leases generating facilities to its Wisconsin Electric Power Company subsidiary and owns underground natural gas storage facilities in Michigan. We show 46 historical shares outstanding datapoints in our WEC shares outstanding history coverage, used to compute WEC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WEC market cap history over the course of time is important for investors
interested in comparing WEC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WEC versus a peer is one thing; comparing
WEC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WEC can fluctuate over the course of history.
With this page we aim to empower investors researching WEC by allowing them to research the WEC market cap history. |