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Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“We're still in communications with NextEra on the plant.”
WEC is negotiating with NextEra over the Point Beach nuclear plant PPA (contracts ending 2030/2033), a supply relationship under review.
“Uline, the leading North American distributor of shipping, industrial, and packaging materials, completed yet another large land purchase to further expand its business operations in Southeast Wisconsin.”
Uline continues expanding its Southeast Wisconsin operations via another large land purchase, contributing to local economic and load growth for WEC.
“Rockwell Automation plans in November to build a new manufacturing site in southeastern Wisconsin.”
Rockwell Automation plans a large new southeastern Wisconsin manufacturing campus (potentially its largest globally), a growth read-through and demand driver for WEC.
“Foxconn has announced new plans to renovate and expand its Racine County campus.”
Foxconn is expanding its Racine County campus to manufacture data center components, adding load and jobs in WEC's Wisconsin territory.
“Vantage data centers have signed on to develop facilities for Oracle and OpenAI on approximately 1,900 acres.”
OpenAI is an anchor tenant for the Vantage-developed data center campus in WEC's service area, a read-through on OpenAI's compute buildout.
“Vantage data centers have signed on to develop facilities for Oracle and OpenAI on approximately 1,900 acres.”
Oracle is an anchor tenant for the Vantage-developed data center campus in WEC's service area, a read-through on Oracle's cloud/data center capacity expansion.
“Vantage data centers have signed on to develop facilities for Oracle and OpenAI on approximately 1,900 acres.”
Vantage is developing a large data center campus in WEC's territory, representing 1.3 GW of forecast demand with potential to reach 3.5 GW over time.
“Microsoft is making good progress on its large data center complex, with more than 2,000 acres purchased to date.”
Microsoft's expanding Wisconsin data center campus is a major electric-demand customer driving 500 MW of incremental load and $1B of added capital for WEC.
“S&P uses percentage of the total capitalization and Moody's uses a percentage of the total debt capacity.”
WEC's CFO references Moody's methodology (percentage of total debt capacity) for measuring hybrid/junior-subordinated debt capacity in its financing plan.
“S&P uses percentage of the total capitalization and Moody's uses a percentage of the total debt capacity.”
WEC's CFO references S&P's methodology (percentage of total capitalization) for measuring hybrid/junior-subordinated debt capacity in its financing plan.
“We've been working with NextEra. We just got to make sure that we have the right agreement for our customers.”
WEC is negotiating with NextEra to renew/lock up capacity from the Point Beach nuclear plant; no outcome is assumed in the plan and WEC notes alternative dispatchable options if no deal is reached.
“We have Eli Lilly expanding. We've got Amazon. We've got other companies coming to the region.”
WEC names Amazon among the large customers contributing to load growth in its Wisconsin service territory.
WEC Energy hit the top of 2025 adjusted guidance at $5.27 per share while raising the capital plan to $37.5B with 3.9 GW of demand, reaffirming 2026 guidance of $5.51-$5.61. An Illinois settlement resolved 12 historical dockets and the Vantage/Stargate construction was underway in Port Washington, while the Microsoft Fairwater campus showed visible progress. The dividend increased 6.7% to $3.81 annualized as robust generation construction spanned gas, renewables, and storage.
Regulation Policy | Capex Investment | Demand | Cloud & AI | Capital Allocation | Competitive Dynamics | Supply Chain | Revenue Growth | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 7 | 11 | 6 | 5 | 3 | 2 | 3 | 2 |
| 2025Q1 | 7 | 5 | 4 | 2 | 1 | 1 | 1 | |
| 2025Q2 | 4 | 7 | 5 | 4 | 1 | 2 | 1 | |
| 2025Q3 | 6 | 7 | 7 | 6 | 7 | 1 | 1 | 2 |
| 2025Q4 | 8 | 3 | 6 | 3 | 4 | 2 | ||
| 2026Q1 | 12 | 5 | 8 | 1 | 2 | 2 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Regulation Policy | 7 | 7 | 4 | 6 | 8 | 12 |
| Capex Investment | 11 | 5 | 7 | 7 | 3 | 5 |
| Demand | 6 | 4 | 5 | 7 | 6 | 8 |
| Cloud & AI | 5 | 2 | 4 | 6 | 3 | 1 |
| Capital Allocation | 3 | 1 | 1 | 7 | 4 | |
| Competitive Dynamics | 2 | 1 | 1 | 2 | 2 | |
| Supply Chain | 3 | 2 | 1 | 2 | ||
| Revenue Growth | 2 | 1 | 1 | 2 | 1 |
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Andy Weisel | Scotiabank | 18 (6%) |
| Mike Sullivan | Wolfe Research | 13 (0%) |
| Paul Fremont | Ladenburg Thalmann |
| Nick Campanella | Barclays | 11 (9%) |
| Julien Dumoulin-Smith | Jefferies | 10 (0%) |
| Carly Davenport | Goldman Sachs | 10 (0%) |
| Will Appicelli | UBS | 5 (0%) |
| Jeremy Tonet | JPMorgan | 5 (0%) |
| Shar Pourreza | Wells Fargo | 5 (0%) |
| Brian Russo | Jefferies | 4 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Scotiabank | 1 | 18 (6%) |
| Jefferies | 2 | 14 (0%) |
| Wolfe Research | 1 | 13 (0%) |
| Ladenburg Thalmann | 1 | 12 (0%) |
| Barclays | 1 | 11 (9%) |
| Goldman Sachs | 1 | 10 (0%) |
| Wells Fargo | 2 | 9 (0%) |
| UBS | 1 | 5 (0%) |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
WEC WEC Energy Group | 7 | +9.0% | |
| AEE Ameren | 7 | +3.8% | |
| AEP American Electric Power | 5 | +6.8% | |
| CMS CMS Energy | 6 | +11.6% | |
| CNP CenterPoint Energy | 5 | +1.9% | |
| D Dominion Energy | 7 | +23.1% | |
| DTE DTE Energy | 7 | +15.8% | |
| DUK Duke Energy | 8 | +11.3% | |
| ED Consolidated Edison | 6 | +6.2% | |
| EIX Edison International | 6 | +7.7% | |
| ES Eversource Energy | 6 | +9.4% | |
| ETR Entergy | 8 | +12.0% | |
| EVRG Evergy | 7 | +5.5% | |
| EXC Exelon | 6 | +7.9% | |
| FE FirstEnergy | 7 | +11.6% | |
| LNT Alliant Energy | 5 | +5.0% | |
| NEE NextEra Energy | 6 | +7.3% | |
| PCG PG&E Corporation | 8 | +15.0% | |
| PEG Public Service Enterprise Group | 9 | +19.4% | |
| PNW Pinnacle West | 8 | +11.4% | |
| PPL PPL Corporation | 7 | +10.8% | |
| SO Southern Company | 6 | +8.0% | |
| XEL Xcel Energy | 6 | +2.9% |