Purchase Details

Company: WEC Energy Group
Ticker:WEC
Yahoo Beta:0.39
Industry:Utilities—regulated electric

Company Description:  WEC provides electricity and natural gas to retail and corporate customers in the upper Midwest and in Florida.

Purchase Date:08 Feb 2023
Purchase Price:$91.85
  --Split Adjusted:$91.85
Shares Purchased:54
  --Split Adjusted:54
Transaction Fee:$0.00
Price Range (6 Months Prior):    
High$107.69
Date19 Aug 2022
Low$82.23
Date12 Oct 2022
S&P (Purchase Date):$4,138.26

Timing:  We bought a bit below the midpoint of the six month range.
Reason:  WEC is one of the largest natural gas delivery companies with 3 million customers. WEC also serves 1.6 electric customers. The company still uses coal in electricity generation, but has made major investments in renewables. The company has a strong cash position, a strong commitment to ESG, and an excellent track record on hitting management projections.

Total Spent:   $4,959.90