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CMS Energy Stock Price

57.70 +0.56 +0.98% Volume: 2,084,759 02.23.24 04:00 ET

CMS Energy Stock Price

23Feb2024 04:00 ET 57.70 +0.56 +0.98% Volume: 2,084,759

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

Consumers Energy Named a 'Customer Champion' Among Nation's Electric, Natural Gas Providers

Dec 14, 2015

Company Fifth in U.S., Strengthening Bond with Residential Customers

JACKSON, Mich., Dec. 14, 2015 /PRNewswire/ -- An independent national survey has ranked Consumers Energy fifth in the nation among providers of electricity and natural gas and a "Customer Champion" for strengthening its bond with residential customers.

"We are focused on delivering an exceptional experience to the 6.6 million Michigan residents who count on us for electricity and natural gas every day," said Garrick Rochow, Consumers Energy's vice president and chief customer officer. "We feel honored that our customers are telling us we are doing well, and we will strive to do even better as we look to the future."

The new survey results were released last week by Cogent Reports, a division of Market Strategies International. This is the second year where Consumers Energy ranked high in customer satisfaction. Earlier this year, Cogent Reports also identified Consumers Energy as an "environmental champion" among Midwest energy providers.

Consumers Energy has taken several actions this year to continue delivering energy more affordably, reliably and sustainably:

  • Planning for the future – Consumers Energy this month completed the $155 million purchase of a new clean-burning gas-fired plant in its hometown of Jackson. The Jackson plant, purchased for about a quarter of the cost of building a new plant, will help partially replace the power from seven coal-fired plants across the state that will close by mid-April 2016. Consumers Energy opened its Cross Winds Energy Park, its second wind farm, in Michigan's Thumb in late 2014, and company officials announced plans to buy electricity from a new wind farm that will open by the end of 2016. A new community solar program, Solar Gardens, also started enrolling participants.
  • Delivering energy reliably – The energy provider made nearly $200 million in upgrades to strengthen its natural gas system, and improved electric reliability by upgrading electric poles and continuing its work to clear trees away from electric lines across Michigan. The result is a safer, more reliable system to provide energy to Michigan homes and businesses.
  • New bill, alerts for customers – Consumers Energy this summer streamlined the bills that it mails and emails to some 3 million customers each month, providing more and easier-to-understand information. Customers also now can sign up to receive alerts via text when their next bill is due, or when they lose power.

"Our Promise to Michigan is to deliver the energy you need, whenever you need it. As we approach our 130th anniversary as a company next year, we are proud to continue taking steps to better serve communities across our state," Rochow said.

Consumers Energy, Michigan's largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.6 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/

Media Toolkit

SURVEY RESULTS: See Cogent Reports' 2015 Utility Trusted Brand and Customer Engagement Residential Survey: http://landing.marketstrategies.com/utility-trusted-brand-engagement-residential

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consumers-energy-named-a-customer-champion-among-nations-electric-natural-gas-providers-300192083.html

SOURCE Consumers Energy

Brian Wheeler, 517-788-2394, or Dan Bishop, 517-788-2395

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