Wisconsin Energy Corp. is a holding company with subsidiaries in utility and non-utility businesses. The company serves electric and natural gas customers in Wisconsin and Michigan's Upper Peninsula through its primary utility subsidiaries Wisconsin Electric, Wisconsin Gas and Edison Sault Electric. Its non-utility subsidiaries include energy services and development, pump manufacturing, waste-to-energy, and real estate businesses. (Company Press Release)
Industry:UTIL-ELEC PWR Sector: Utilities Fiscal Year End:December Last Reported Quarter:03/31/12 Next EPS Date:07/26/12
Capital Structure Solvency and Cash Flow
Total debt increased to $5.0 billion in 4Q09 from $4.74 billion in 4Q08.
Management believes it has sufficient liquidity available to meet all its necessary funding obligations. Currently, WEC has $1.6 billion of available undrawn credit facilities (maturities March 2011 and April 2011), and is expecting to renew these facilities in FY10.
Last edited Mon Apr 26, 2010 04:29 AM by BipashaChowdhury (Zacks Investment Research)
Governance Social Responsibility and Employee Relations
• Energy Commodity Price: Volatility in energy commodity price can affect the regulated and unregulated operations.
• Dividend Yields: WEC has one of the lowest dividend yields in the industry.
• Regulations: WEC is regulated by two state, and one federal regulatory body. An adverse ruling from either of them could negatively impact the fundamentals of the Company.
• Weather: WEC’s business is highly sensitive to weather fluctuations.
Last edited Mon Apr 26, 2010 04:30 AM by BipashaChowdhury (Zacks Investment Research)
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Last Modification: Thursday 03 of June, 2010 09:08:33 CDT by WikiMigrationBot.
