for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Companhia Energetica de Minas Gers CEMIG

CMIG4.SA

Latest Trade

11.87BRL

Change

0.34(+2.95%)

Volume

17,098,900

Today's Range

11.09

 - 

12.02

52 Week Range

7.54

 - 

15.42

As of on the Bolsa de Valores do Estado de Sao Paulo ∙ Minimum 15 minute delay

Pricing

Previous Close
11.53
Open
11.32
Volume
17,098,900
3M AVG Volume
194.91
Today's High
12.02
Today's Low
11.09
52 Week High
15.42
52 Week Low
7.54
Shares Out (MIL)
1,518.17
Market Cap (MIL)
18,744.86
Forward P/E
8.76
Dividend (Yield %)
3.55

Next Event

Q4 2020 Companhia Energetica de Minas Gerais CEMIG Earnings Release

Latest Developments

More

Brazil's Cemig has cut 2020 investments by 13%, not seeing asset sale need - exec

Brazil's Cemig Authorized By Regulator To Raise Tariffs By 8.7% In Average- Aneel

Cemig acquires Light SA stakes for 659.4 mln reais

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Companhia Energetica de Minas Gers CEMIG

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 engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation. Its electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. It is also engaged in businesses, such as telecommunications, energy solutions consulting, and acquisition, transport and distribution of gas and its subproducts and derivatives.

Industry

Electric Utilities

Contact Info

Avenida Barbacena

1200,5 / B1, Santo Agostinho

30.190-131

Brazil

+55.31.35065024

https://novoportal.cemig.com.br/

Executive Leadership

Marcio Luiz Simoes Utsch

Chairman of the Board

Reynaldo Passanezi Filho

Chief Executive Officer, Member of the Executive Board

Leonardo George de Magalhaes

Chief Finance and Investor Relations Officer, Member of the Executive Board

Eduardo Soares

Chief Counsel and Chief Officer for Regulation, Member of the Executive Board

Dimas Costa

Chief Trading Officer, Member of the Executive Board

Key Stats

2.36 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, BRL)

2017

21.7K

2018

22.3K

2019

25.4K

2020(E)

23.9K
EPS (BRL)

2017

0.807

2018

1.124

2019

2.065

2020(E)

1.316
Price To Earnings (TTM)
8.63
Price To Sales (TTM)
0.76
Price To Book (MRQ)
1.01
Price To Cash Flow (TTM)
6.24
Total Debt To Equity (MRQ)
94.53
LT Debt To Equity (MRQ)
80.41
Return on Investment (TTM)
4.69
Return on Equity (TTM)
3.93

Latest News

Latest News

Brazil energy company Cemig removes five execs under investigation

Brazil's Minas Gerais state-controlled energy company Cemig removed five executives that are under investigation by state prosecutors, the company said on Tuesday.

UPDATE 1-Brazilian power firm Cemig plans voluntary buyouts

The executive board of Brazilian power firm Cemig has approved a voluntary buyout program for up to 1,000 employees, according to an internal document seen by Reuters on Monday.

Brazil power cos related to Cemig, Votorantim Energia claim force majeure

Two Brazil energy companies tied to groups Cemig and Votorantim Energia have told business partners that the coronavirus outbreak is an event of "force majeure" that could be a reason for breaking energy contracts, according to documents seen by Reuters.

UPDATE 1-Brazil's Vale mulls raising stake in power generation company -report

Brazilian miner Vale is in talks to increase its stake in Aliança Energia SA, an energy generation and trading joint venture with Companhia Energética de Minas Gerais set up in 2015, according to a report in newspaper Valor Econômico on Tuesday.

Brazil's Vale mulls raising stake in power generation company: paper

Brazilian miner Vale <VALE3.SA> is in talks to increase its stake in Aliança Energia SA <TAEE11.SA>, an energy generation and trading joint venture with Companhia Energética de Minas Gerais <CMIG4.SA> set up in 2015, according to a report in newspaper Valor Econômico on...

EMERGING MARKETS-Latam currencies miss out on trade rally as Brazil's real drags

* Latam assets fall as economic uncertainty weighs * Brazilian real hits one-month low * Mexican peso, Chilean peso slide * Broader optimism fueled by imminent U.S.-China trade deal * Brazil's Cemig hits seven-month high on CEO appointment By Sagarika Jaisinghani and Ambar...

Brazil's Cemig names Passanezi Filho as CEO: filing

Brazilian state-run power firm Companhia Energetica de Minas Gerais <CMIG4.SA>, known as Cemig, said on Monday its board has named Reynaldo Passanezi Filho as chief executive officer, starting on January 13.

Brazil's Cemig names Reynaldo Passanezi Filho as CEO - filing

Brazilian state-run power firm Companhia Energetica de Minas Gerais, known as Cemig, said on Monday its board has named Reynaldo Passanezi Filho as chief executive officer.

Brazil's Cemig extends natural gas distribution contract- filing

Brazilian state-controlled power firm Companhia Energetica de Minas Gerais said in a securities filing on Thursday it paid 891 million reais ($214 million) to the state of Minas Gerais to renew its license to distribute natural gas.

Brazil's Cemig privatization plan could pass within six months: CEO

State approval for the privatization of Brazilian power company Companhia Energetica de Minas Gerais <CMIG4.SA>, known as Cemig, may take "at the maximum" six months, Chief Executive Officer Cledorvino Belini said on Tuesday.

Brazil's Cemig considers IPO of its gas distribution unit: executive

State-run power utility Companhia Energética de Minas Gerais (Cemig) <CMIG4.SA> is considering an initial public offering of its gas distribution unit Gasmig, a company director said on Tuesday.

Brazil power company CPFL eyeing Cemig: CEO

Brazilian power company CPFL Energia <CPFE3.SA> is in an expansion phase that could include the purchase of fellow utility Companhia Energetica de Minas Gerais <CMIG4.SA>, known as Cemig, CPFL Chief Executive Officer Gustavo Estrella told Reuters on Friday.

CORRECTED-Minas Gerais governor says privatizations could raise up to $2.4 bln

The privatization of assets in the Brazilian state of Minas Gerais could raise up to 9 billion reais ($2.35 billion), which will help plug the state’s 12 billion reais deficit but not eliminate it, Governor Romeu Zema said on Thursday.

Police raid Brazil power company Cemig in corruption probe

Brazilian police raided the headquarters of the state-controlled power company Companhia Energetica de Minas Gerais, known as Cemig, on Thursday, according to a police statement.

UPDATE 1-Brazilian power company Cemig names new CEO

Brazilian power company Cia Energética de Minas Gerais, or Cemig, on Friday named Cledorvino Belini as its chief executive, replacing Bernardo Alvarenga, the company said in a securities filing.

Brazil regulators approve American Tower purchase of Cemig assets

Brazilian competition authorities have approved American Tower Corp's <AMT.N> acquisition of telecommunications assets owned by Cia Energetica de Minas Gerais SA <CMIG4.SA>, the government's official bulletin said on Wednesday.

American Tower, Algar buy telecom assets of Brazil's Cemig

American Tower Corp <AMT.N> and unlisted Brazilian operator Algar Telecom SA on Wednesday purchased the broadband network of Cia Energetica de Minas Gerais SA <CMIG4.SA>, known as Cemig, potentially spurring more dealmaking in Brazil's telecoms space.

American Tower, Algar buy telecom assets of Brazil's Cemig

American Tower Corp and local telecommunications company Algar Telecom SA purchased on Wednesday the broadband network of state-run utility Companhia Energetica de Minas Gerais SA, commonly known as Cemig.

Brazil's Cemig considering strategic partnership in Light deal: CFO

Brazilian state-run electricity utility Companhia Energética de Minas Gerais <CMIG4.SA> (Cemig) is considering a strategic partnership as part of its plan to divest its stake in Light SA <LIGT3.SA>, the company's chief financial officer said on Monday.

Brazil's Cemig considering strategic partnership in Light deal -CFO

Brazilian state-run electricity utility Companhia Energética de Minas Gerais (Cemig) is considering a strategic partnership as part of its plan of divesting its stake in Light SA, the company's chief financial officer said on Monday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up