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WEC Energy Group, Inc. (WEC) Q2 2023 Earnings Call Transcript

Aug. 01, 2023 5:26 PM ETWEC Energy Group, Inc. (WEC)
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WEC Energy Group, Inc. (NYSE:WEC) Q2 2023 Earnings Conference Call August 1, 2023 2:00 PM ET

Company Participants

Gale Klappa – Executive Chairman

Scott Lauber – President and Chief Executive Officer

Xia Liu – Chief Financial Officer

Conference Call Participants

Julien Dumoulin-Smith – Bank of America

Shar Pourreza – Guggenheim Partners

Durgesh Chopra – Evercore ISI

Anthony Crowdell – Mizuho

Michael Sullivan – Wolfe Research


Good afternoon, and welcome to WEC Energy Group's Conference Call for Second Quarter 2023 Results. This call is being recorded for rebroadcast, and all participants are in a listen-only mode at this time.

Before the conference call begins, I remind you that all statements in the presentation, other than historical facts, are forward-looking statements that involve risks and uncertainties that are subject to change at any time. Such statements are based on management's expectations at the time they are made. In addition to the assumptions and other factors referred to in connection with the statements, factors described in WEC Energy Group's latest Form 10-K and subsequent reports filed with the Securities and Exchange Commission could cause actual results to differ materially from those contemplated.

During the discussions, referenced earnings per share will be based on diluted earnings per share, unless otherwise noted. After the presentation, the conference will be open to analysts for questions and answers. In conjunction with this call, a package of detailed financial information is posted at wecenergygroup.com. A replay will be available approximately two hours after the conclusion of this call.

And now it's my pleasure to introduce Gale Klappa, Executive Chairman of WEC Energy Group.

Gale Klappa

Well, good afternoon, everyone. Thank you for joining us today as we review our results for the second quarter of 2023. First, I'd like to introduce the members of our management team who are here with me

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