Edition:
United States

Companhia Energetica de Minas Gerais CEMIG (CIG.N)

CIG.N on New York Stock Exchange

2.74USD
22 Sep 2017
Change (% chg)

$-0.05 (-1.79%)
Prev Close
$2.79
Open
$2.80
Day's High
$2.80
Day's Low
$2.70
Volume
1,027,071
Avg. Vol
1,169,797
52-wk High
$3.84
52-wk Low
$2.06

Chart for

About

Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company's segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is... (more)

Overall

Beta: 2.08
Market Cap(Mil.): $3,460.50
Shares Outstanding(Mil.): 1,258.84
Dividend: --
Yield (%): --

Financials

  Industry Sector
P/E (TTM): -- 9.93 16.08
EPS (TTM): -- -- --
ROI: -- 12.28 14.60
ROE: -- 17.58 14.03

Deals of the day-Mergers and acquisitions

Sept 20 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday :

Sep 20 2017

Cemig jumps as partner Vale signals bid for Brazil dams

SAO PAULO Shares in Cia Energética de Minas Gerais SA posted their biggest intraday jump in three weeks on Tuesday, on optimism the debt-laden Brazilian power utility could participate in an upcoming auction for the licensing rights of several hydropower dams it recently lost.

Sep 12 2017

Exclusive - Brazil's Classico, AGC in talks for Cemig stake: sources

SAO PAULO AGC Energia SA is in advanced talks to sell the 20.1 percent voting stake it holds in Cia Energética de Minas Gerais SA to investment bank Banco Classico SA, which could in turn be invited to share control of Brazil's No. 3 power utility, two people with knowledge of the matter said on Friday.

Sep 08 2017

UPDATE 1-Brazil's Andrade Gutierrez walks out of Cemig shareholder accord

SAO PAULO, Sept 7 In a surprise move, a unit of Andrade Gutierrez SA, a Brazilian infrastructure and energy conglomerate, decided to leave the controlling bloc of Cia Energetica de Minas Gerais SA, putting an end to months of tension with the Brazilian power utility's largest shareholder.

Sep 07 2017

Brazil's Andrade Gutierrez walks out of Cemig shareholder accord

BRASILIA, Sept 7 In a surprise move, a unit of Andrade Gutierrez SA, a Brazilian infrastructure and energy conglomerate, decided to leave the controlling bloc of Cia Energetica de Minas Gerais SA, putting an end to months of tension with the Brazilian power utility's largest shareholder.

Sep 07 2017

Brazil's Cemig may need to put $443 million into distribution unit

SAO PAULO Brazilian electricity firm Cemig may need to inject 1.4 billion reais ($443.64 million) into its power distribution unit to comply with financial requirements laid out by industry regulator Aneel, according to a document seen by Reuters.

Aug 28 2017

Brazil's Cemig profit misses estimates as financial income slumps

SAO PAULO, Aug 14 Cia Energética de Minas Gerais SA missed second-quarter profit estimates as some costs rose faster than revenue and income from financial investments slumped, probably reflecting a decline in domestic borrowing costs.

Aug 14 2017

Cemig, Odebrecht split on Chinese offer for stake in power project: sources

SAO PAULO Brazilian power firm Cemig and engineering group Odebrecht [ODBES.UL] are in disagreement on an offer from China's SPIC [CPWRI.UL] to acquire a controlling stake in the Santo Antonio hydropower project where the Brazilian companies are partners, three sources close to the talks said.

Jul 27 2017

UPDATE 1-Chinese may bid for Brazil clean energy assets -letter

SAO PAULO, July 19 Chinese investors may bid for assets belonging to Brazil's renewable energy company Renova Energia SA and power generation assets owned by Light SA, according to a letter sent to managers of the firms seen by Reuters.

Jul 19 2017

China's Ciri says Chinese groups vying for Cemig energy assets

SAO PAULO, July 19 Chinese groups are interested in acquiring assets belonging to clean energy company Renova Energia SA and generation assets belonging to Renova's parent Light SA, according to a document seen by Reuters.

Jul 19 2017

Earnings vs. Estimates