FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person * VERBANAC DANIEL J   2. Issuer Name and Ticker or Trading Symbol WPS RESOURCES CORP [WPS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Oper Off, WPS ESI, a sub (Last) (First) (Middle) 700 NORTH ADAMS STREET, P. O. BOX 19001 3. Date of Earliest Transaction (Month/Day/Year) 12/08/2004 (Street) GREEN BAY, WI 543079001 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock               1,957.7274 I By ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 48.11 (1)

12/08/2004

A

15,313

12/08/2005

12/08/2014

Common Stock

15,313

$ 48.11

15,313

D

Performance Rights

$ 0.0001

12/08/2004

A

1,782

01/01/2008(2)

06/30/2008

Common Stock

1,782

$ 48.11

1,782

D

Employee Stock Option (Right to buy)

$ 34.75 (3)

12/14/2001

12/14/2010

Common Stock

5,375

5,375

D

Employee Stock Option (Right to buy)

$ 34.09 (4)

12/13/2002

12/13/2011

Common Stock

8,184

8,184

D

Employee Stock Option (Right to buy)

$ 37.96 (5)

12/12/2003

12/12/2012

Common Stock

12,454

12,454

D

Employee Stock Option (Right to buy)

$ 44.73 (6)

12/10/2004

12/10/2013

Common Stock

13,451

13,451

D

Performance Rights

$ 0

01/01/2005(2)

06/30/2005

Common Stock

1,791

1,791

D

Performance Rights

$ 0

01/01/2006(2)

06/30/2006

Common Stock

1,631

1,631

D

Performance Rights

$ 0

01/01/2007(2)

06/30/2007

Common Stock

1,813

1,813

D

Phantom Stock Unit

$ 0 (7)

(8)

(8)

Common Stock

8,047.4192

8,047.4192

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
VERBANAC DANIEL J 700 NORTH ADAMS STREET P. O. BOX 19001 GREEN BAY, WI 543079001			Chief Oper Off, WPS ESI, a sub

Signatures

By: Barth J. Wolf (See POA filed February 2004)		12/10/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The option vests in four equal annual installments beginning on December 8, 2005.
(2)	Performance shares vest and are issued three years after the performance shares are awarded and the final number of shares issued is determined based on company performance against an established industry benchmark.
(3)	The option vests in four equal annual installments beginning on December 14, 2001.
(4)	The option vests in four equal annual installments beginning on December 13, 2002.
(5)	The option vests in four equal annual installments beginning on December 12, 2003.
(6)	The option vests in four equal annual installments beginning on December 10, 2004.
(7)	These phantom stock units convert to common stock on a one-for-one basis.
(8)	Unless the participant has selected a later commencement date, distribution of stock and equivalents will commence within 60 days following the end of the calendar year in which occurs the participant's retirement or termination of service.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.