CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.
CMS Energy demonstrates resilience with strong financials, renewable investments, and grid modernization. Recent results underscore adaptability, making it a compelling investment.
CMS Energy demonstrates commitment to shareholder value and sustainable growth. Strong Q4 2024 earnings, increased dividends, and renewable energy investments highlight financial health.
CMS Energy navigates mixed Q4 earnings, emphasizing dividend sustainability and renewable strategy. Key takeaways for investors.
CMS Energy demonstrates strong financial performance, dividend growth, and renewable energy commitment, navigating Michigan's evolving energy landscape. Key takeaways inside.
CMS Energy navigates a dynamic market with strong financials, balanced by rising rates and cash flow considerations. Dividend increases and renewable focus highlight strengths. Investors should note risks.
CMS Energy reported strong Q4 results with an increased dividend and raised 2025 EPS guidance, reflecting robust performance in a competitive energy market.
CMS Energy focuses on renewable strategy and dividend hikes amidst mixed Q4 earnings, navigating Michigan's dynamic energy market.