The document is the 2004 annual report of WPS Resources Corporation. It discusses the company's financial performance in 2004 including increased revenues, net income, and earnings per share compared to 2003. It highlights projects and agreements signed in 2004 that will benefit future energy supply, environmental stewardship, and partnerships. These included a new power plant construction, renewable energy contracts, and long-term supply agreements. The report also notes the company's focus on delivering value to shareholders through earnings growth, dividend payments, and shareholder returns.