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CMS Energy Stock Price

59.92 +1.67 +2.87% Volume: 3,561,399 03.27.24 04:00 ET

CMS Energy Stock Price

27Mar2024 04:00 ET 59.92 +1.67 +2.87% Volume: 3,561,399

Media Contacts

KATIE
CAREY
Director of External Relations
517-788-2395
katelyn.carey@cmsenergy.com
BRIAN
WHEELER
Media Relations Manager
517-788-2394
brian.wheeler@cmsenergy.com

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at www.cmsenergy.com.

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News Releases

Protect Michigan, Heed Warning on Electric Reliability

May 25, 2016

Consumers Energy President & CEO-elect Patti Poppe Urges Senate Energy Committee to Support SB437 and SB438

LANSING, Mich., May 25, 2016 /PRNewswire/ -- Patti Poppe, Consumers Energy's president and CEO-elect, urged members of the state Senate Energy Committee today to support SB437 and SB438 in order to ensure electric reliability and continue Michigan's strong economic rebound.

"We've heard from the federal grid operator that Michigan's electric reliability is now at risk. If we see a warning light flashing on the dash of our car, the prudent thing is to do something about it. There is now a light on the dash of our electric supply," said Poppe.

"As MISO's recent power supply auction demonstrated, market supplies are tightening and electric costs for retail open access customers are increasing," said Poppe. "Committee members have a legacy opportunity before them today to support a needed update in Michigan's energy laws. We urge them to act to prevent reliability problems, ensure investment in Michigan's energy infrastructure and eliminate an unfair cost-shifting subsidy that's currently in place when it comes to paying for the electric grid."

"Michigan does not allow uninsured drivers on our highways because they put all of us at risk. Out-of-state alternate energy suppliers are the uninsured drivers operating in our energy system. Consumers Energy has sufficient generation in place to reliably and affordably serve its customers now and into the future. These bills will require that alternate suppliers assure Michigan that they have enough in-state energy to serve their customers. This assurance is important, because if they're short, we're all short."

"By acting now and supporting these bills, your vote tells Michigan families and businesses that our state will have reliable electric service. Choosing not to act is a far greater risk than passing these bills. We simply want people who sell power in Michigan to be able to prove they can provide it," said Poppe.

"As an energy provider serving our state for nearly 130 years, Consumers Energy has demonstrated time and again that we keep our promises to Michigan and to our customers. Within just the past year we've played a key role in helping Michigan's economy grow by working with new manufacturers -- Brembo in Homer, Arauco in Grayling and Citic Dicastal in Greenville – as well as our existing manufacturing powerhouses in the auto, furniture, chemical and other industries, as they expand their operations. Keeping our economy on the right track means ensuring reliable, affordable and sustainable energy supplies going forward."

Consumers Energy, Michigan's largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

For more information about Consumers Energy, go to www.ConsumersEnergy.com.

Check out Consumers Energy on Social Media

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy  
YouTube: https://www.youtube.com/user/consumersenergy  
Flickr: https://www.flickr.com/photos/consumersenergy

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/protect-michigan-heed-warning-on-electric-reliability-300275104.html

SOURCE Consumers Energy

Media Contacts: Dan Bishop, 517-788-2395; Brian Wheeler, 517-788-2394

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