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CMS Stock - CMS Energy Corp.


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CMS Energy Corporation, headquartered in Jackson, Michigan, operates as a leading energy company primarily serving the state of Michigan. Established in 1987, the company operates through three distinct segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment is responsible for the comprehensive lifecycle of electricity, from generation and transmission to distribution and retail sale. CMS Energy generates electricity using a diversified mix of sources including coal, wind, natural gas, renewable energy, oil, and nuclear power.

The company's Electric Utility infrastructure is extensive, comprising 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. In parallel, the Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, managing 2,392 miles of transmission lines, 15 gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations.

CMS Energy's Enterprises segment focuses on independent power production and marrketing, emphasizing the development and operation of renewable generation assets. With a commitment to customer service and community engagement, CMS Energy serves a substantial customer base of 1.9 million electric and 1.8 million gas customers, encompassing residential, commercial, and diversified industrial sectors. The company continues to prioritize sustainable energy practices and innovation in its operations, contributing to Michigan's energy reliability and environmental stewardship.

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Stock Sector: Utilities: Electric Utilities

 

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