Compare · ED vs WEC
ED vs WEC
Side-by-side comparison of Consolidated Edison Inc. (ED) and WEC Energy Group Inc. (WEC): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ED and WEC operate in Power Generation (Utilities), so they compete in similar markets.
- ED is the larger of the two at $38.14B, about 1.1x WEC ($35.85B).
- ED has been more active in the news (15 items in the past 4 weeks vs 8 for WEC).
- Both have 25 recent analyst ratings on file.
Consolidated Edison Inc.
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,576 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. The company operates 533 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 89,673 in-service line transformers; 3,729 pole miles of overhead distribution lines; and 2,210 miles of underground distribution lines, as well as 4,341 miles of mains and 377,490 service lines for natural gas distribution. In addition, it owns, operates, and develops renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
WEC Energy Group Inc.
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2020, it operated approximately 36,100 miles of overhead distribution lines and 34,900 miles of underground distribution cables, as well as 450 electric distribution substations and 507,900 line transformers; 50,300 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.
Latest ED
- SEC Form 8-K filed by Consolidated Edison Inc.
- Con Edison downgraded by Mizuho with a new price target
- SEC Form 8-K filed by Consolidated Edison Inc.
- Director Sutherland L Frederick was granted 1,596 shares, increasing direct ownership by 2% to 93,043 units (SEC Form 4)
- Director Cavanagh Brendan Thomas was granted 1,596 shares (SEC Form 4)
- Director Zoi Catherine was granted 1,596 shares, increasing direct ownership by 40% to 5,582 units (SEC Form 4)
- Director Stanley Deirdre was granted 1,596 shares, increasing direct ownership by 6% to 30,449 units (SEC Form 4)
- Director Sanford Linda S was granted 1,596 shares, increasing direct ownership by 6% to 29,711 units (SEC Form 4)
- Director Ranger Michael W was granted 1,596 shares, increasing direct ownership by 2% to 100,613 units (SEC Form 4)
- Director Mulrow William J was granted 1,596 shares, increasing direct ownership by 15% to 12,598 units (SEC Form 4)
Latest WEC
- WEC Energy Group Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- SEC Form 11-K filed by WEC Energy Group Inc.
- SEC Form 11-K filed by WEC Energy Group Inc.
- SEC Form 11-K filed by WEC Energy Group Inc.
- EVP WEC Infrastructure Krueger Daniel exercised 4,665 shares at a strike of $58.30 and sold $517,624 worth of shares (4,665 units at $110.96) (SEC Form 4)
- SEC Form 4 filed by Vice President and Treasurer Reese Anthony
- WEC Energy Group Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
- WEC Energy Group Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Lauber highlights exceptional year for WEC Energy Group
- WEC Energy Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits