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Companhia Energetica de Minas Gerais CEMIG (CMIG4.SA)

CMIG4.SA on Sao Paulo Stock Exchange

8.09BRL
18 Aug 2017
Change (% chg)

R$ -0.07 (-0.86%)
Prev Close
R$ 8.16
Open
R$ 8.16
Day's High
R$ 8.21
Day's Low
R$ 7.96
Volume
6,519,500
Avg. Vol
7,468,463
52-wk High
R$ 12.04
52-wk Low
R$ 5.14

CMIG4.SA

Chart for CMIG4.SA

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: 1.32
Market Cap(Mil.): R$ 10,314.47
Shares Outstanding(Mil.): 1,258.84
Dividend: 0.12
Yield (%): 5.79

Financials

  CMIG4.SA Industry Sector
P/E (TTM): 16.75 9.62 12.80
EPS (TTM): 0.48 -- --
ROI: 1.98 12.44 8.13
ROE: 4.48 17.67 12.74

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

UPDATE 2-Brazil's Cemig vows to use asset sales to repay debt

SAO PAULO, July 10 Cia Energética de Minas Gerais SA will mainly use proceeds from planned asset sales to repay 5 billion reais ($1.5 billion) of debt maturing this year, as Brazil's most leveraged major power utility faces pressure from creditors to downsize quickly.

Jul 10 2017

Brazil's Cemig will use asset sales to repay bank debt

SAO PAULO, July 10 Cia Energética de Minas Gerais SA, Brazil's No. 3 power utility, will mostly use proceeds from planned asset sales to repay about 5 billion reais ($1.5 billion) worth of loan debt maturing this year, Chief Financial Officer Adezio Lima said on Monday.

Jul 10 2017

Brazil's Cemig eyes public auction of Light stake -paper

SAO PAULO, June 29 Cia Energética de Minas Gerais SA, Brazil's No. 3 electric utility, wants to auction off its controlling stake in power generation and distribution company Light SA, an executive told the newspaper Valor Econômico.

Jun 29 2017

Brazil's Cemig appoints Luiz Paroli Santos as CEO of subsidiary Light

SAO PAULO, June 27 The board of Brazil's utility Cia Energética de Minas Gerais nominated on Tuesday Luiz Paroli Santos as the new chief executive officer at subsidiary Light SA.

Jun 27 2017

Brazil's Cemig says China's State Power Investment bids for stake in dam

SAO PAULO Brazil's Centrais Energeticas de Minas Gerais received a proposal from China's State Power Investment Overseas Co. for its stake in Santo Antonio dam, the company said in a securities filing on Tuesday.

Jun 27 2017

Brazil's Cemig says China's State Power Investment bids for stake in dam

SAO PAULO, June 27 Brazil's Centrais Energeticas de Minas Gerais received a proposal from China's State Power Investment Overseas Co. for its stake in Santo Antonio dam, the company said in a securities filing on Tuesday.

Jun 27 2017

Earnings vs. Estimates