Consumers Energy Company (CMS-PB)
Consumers Energy Company operates in the Regulated Electric industry of the Utilities sector, headquartered in Jackson, MI, US. The stock last traded at $73.75, up 0.00% on the session, giving a market capitalisation of $22.00B. On trailing twelve-month figures it carries a trailing P/E of 26.43, a net margin of 8.8%. Its beta of 0.19 implies it has historically moved less than the broad market.
Consumers Energy Company operates as a dual-utility provider, supplying both electricity and natural gas across Michigan. The firm's operations are segmented into three core divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility division is responsible for power generation, procurement, transmission, delivery, and sales. It utilizes a diverse energy mix, including coal, wind, natural gas, various renewable sources, oil, and nuclear power. Its extensive electrical network comprises approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, 82,474 miles of standard overhead distribution lines, 9,395 miles of underground distribution lines, 1,093 substations with a combined transformer capacity of 26 million, and three battery storage facilities offering 2 MWh of capacity. The Gas Utility division handles the acquisition, transport, storage, distribution, and sale of natural gas. Its infrastructure features 2,392 miles of transmission lines, 15 natural gas storage facilities, 28,065 miles of distribution mains, and 8 compressor stations totaling 149,817 installed and available horsepower. Consumers Energy serves a broad clientele, encompassing residential homes, businesses, and various industrial enterprises. Established in 1886 and headquartered in Jackson, Michigan, the company is a wholly-owned subsidiary of CMS Energy Corporation.
Consumers Energy Company is most often compared with the following Utilities names: