Thomas K.  Lane net worth and biography

Thomas Lane Biography and Net Worth

Director of WEC Energy Group
Lane brings to our board of directors more than 30 years of broad financial experience focused within the energy sector. His experience in this area includes 17 years in the Investment Banking Division at Goldman Sachs, where he held senior-level coverage responsibility for electric and gas utilities, independent power companies and midstream energy companies throughout the United States, which provides him with a deep understanding of the complexities inherent to delivering strong financial performance in a regulated industry. Since 2017, Lane has served as vice chairman of Energy Capital Partners, following 12 years as a partner of the firm. During this tenure, he has held responsibility for establishing and executing the firm’s investment strategies, which include projects encompassing power generation and renewables, as well as midstream and environmental infrastructure. This experience enables him to add significant value to the board’s oversight of the company’s long-term growth strategy, as does his substantial experience planning and executing merger and acquisition strategies. Having testified before the House Energy Subcommittee on energy-related matters, Lane also brings to the board an understanding of the formulation of energy policy at the federal government level. As a member of the WEC Energy Group Finance Committee, Lane’s expertise in financial management strategy serves as valuable input to the company’s execution of its financial plan.

How do I contact Thomas K. Lane?

The corporate mailing address for Mr. Lane and other WEC Energy Group executives is 231 WEST MICHIGAN STREET P O BOX 1331, MILWAUKEE WI, 53201. WEC Energy Group can also be reached via phone at (414) 221-2345 and via email at [email protected]. Learn More on Thomas K. Lane's contact information.

Has Thomas K. Lane been buying or selling shares of WEC Energy Group?

Thomas K. Lane has not been actively trading shares of WEC Energy Group within the last three months. Most recently, on Thursday, November 4th, Thomas K. Lane bought 6,000 shares of WEC Energy Group stock. The stock was acquired at an average cost of $89.47 per share, with a total value of $536,820.00. Learn More on Thomas K. Lane's trading history.

Who are WEC Energy Group's active insiders?

WEC Energy Group's insider roster includes Joshua Erickson (VP), Robert Garvin (EVP), Gale Klappa (Chairman), Thomas Lane (Director), Scott Lauber (CFO), William Mastoris (EVP), Charles Matthews (CEO), Tom Metcalfe (Insider), Molly Mulroy (EVP), Ulice Payne, Jr. (Director), Anthony Reese (VP), James Schubilske (VP), Mary Straka (VP), and Glen Tellock (Director). Learn More on WEC Energy Group's active insiders.

Are insiders buying or selling shares of WEC Energy Group?

During the last twelve months, insiders at the utilities provider sold shares 4 times. They sold a total of 42,110 shares worth more than $3,340,568.90. The most recent insider tranaction occured on February, 29th when CEO Scott J Lauber sold 2,830 shares worth more than $223,258.70. Insiders at WEC Energy Group own 0.3% of the company. Learn More about insider trades at WEC Energy Group.

Information on this page was last updated on 2/29/2024.

Thomas K. Lane Insider Trading History at WEC Energy Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/4/2021Buy6,000$89.47$536,820.00View SEC Filing Icon  
4/30/2021Buy5$96.39$481.95View SEC Filing Icon  
4/28/2021Buy15$94.66$1,419.90View SEC Filing Icon  
4/26/2021Buy5$95.80$479.00View SEC Filing Icon  
See Full Table

Thomas K. Lane Buying and Selling Activity at WEC Energy Group

This chart shows Thomas K Lane's buying and selling at WEC Energy Group by year and by quarter.

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WEC Energy Group Company Overview

WEC Energy Group logo
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 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 founded in 1896 and is headquartered in Milwaukee, Wisconsin.
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Today's Range

Now: $81.69
Low: $80.57
High: $81.83

50 Day Range

MA: $79.70
Low: $76.46
High: $82.12

2 Week Range

Now: $81.69
Low: $75.13
High: $98.80

Volume

394,891 shs

Average Volume

2,123,937 shs

Market Capitalization

$25.77 billion

P/E Ratio

19.36

Dividend Yield

4.19%

Beta

0.4