CMS 📈 CMS Energy - Overview

CMS Energy Corporation is a prominent energy company that primarily operates in Michigan, with a diverse range of activities that cater to the energy needs of its customers. The company's operations are segmented into three main categories: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment is responsible for generating, purchasing, transmitting, distributing, and selling electricity, utilizing a variety of sources including coal, wind, gas, renewable energy, oil, and nuclear power. This segment boasts an extensive distribution system, comprising over 208 miles of high-voltage distribution overhead lines, 4 miles of high-voltage distribution underground lines, and a substantial network of electric distribution lines, totaling 82,474 miles of overhead lines and 9,395 miles of underground lines, in addition to 1,093 substations and 3 battery facilities.

The Gas Utility segment focuses on the purchase, transmission, storage, distribution, and sale of natural gas, with a comprehensive infrastructure that includes 2,392 miles of transmission lines, 15 gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations. This segment plays a crucial role in providing natural gas to customers, ensuring a reliable and efficient supply of this essential energy source. Meanwhile, the Enterprises segment is involved in independent power production and marketing, with a focus on the development and operation of renewable generation, further underscoring the company's commitment to sustainability and reducing its environmental footprint.

CMS Energy Corporation serves a substantial customer base, comprising 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. With a history dating back to 1987, the company is headquartered in Jackson, Michigan, and has established itself as a leading player in the energy sector. For more information, customers and investors can visit the company's website at https://www.cmsenergy.com, with the company's common stock listed under the ISIN code US1258961002, and classified under the GICS Sub Industry category of Multi-Utilities.