WEC Energy Group Utility operations — Cost of natural gas sold increased by 76.3% to $949.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.1%, from $784.30M to $949.90M. Over 3 years (FY 2022 to FY 2025), Utility operations — Cost of natural gas sold shows a downward trend with a -13.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects higher market prices for natural gas, while a decrease reflects lower market prices.
This represents the direct cost of the natural gas commodity purchased for distribution to customers. Similar to fuel co...
Standard operating expense metric for all natural gas distribution utilities.
wec_segment_utility_operations_cost_of_natural_gas_sold| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $627.88M | $627.88M | $627.88M | $627.88M | $403.73M | $403.73M | $403.73M | $403.73M | $587.30M | $147.30M | $96.10M | $406.50M | $784.30M | $187.90M | $114.70M | $538.90M | $949.90M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -35.7% | +0.0% | +0.0% | +0.0% | +45.5% | -74.9% | -34.8% | +323.0% | +92.9% | -76.0% | -39.0% | +369.8% | +76.3% |
| YoY Change | — | — | — | — | -35.7% | -35.7% | -35.7% | -35.7% | +45.5% | -63.5% | -76.2% | +0.7% | +33.5% | +27.6% | +19.4% | +32.6% | +21.1% |