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CMS Energy Stock Price

45.19 -0.18 -0.4% Volume: 2,736,757 04.20.18 04:00 ET

LOOKING TO THE FUTURE.

CMS Energy Year-End 2017 Earnings Call

February 14th, 2018 +

View the Quarterly Earnings Summaries +

CMS Energy Stock Price

20Apr2018 04:00 ET 45.19 -0.18 -0.4% Volume: 2,736,757

Media Contacts

KATIE
CAREY
Director of Media Relations
517-788-2395
Katelyn.Carey@cmsenergy.com
BRIAN
WHEELER
Senior Public Information Director
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

Newsweek Ranks Consumers Energy as #1 Company in Michigan in Annual 'Green Rankings'

Dec 14, 2017

Recognition Reflects Commitment to Environment, Providing Clean Energy

JACKSON, Mich., Dec. 14, 2017 /PRNewswire/ -- Consumers Energy has been ranked as Michigan's top company – and ninth in the nation – in Newsweek's annual "Green Rankings," a reflection of its commitment to environmental principles that are good for its home state of Michigan and customers. Consumers Energy was flanked by Apple and Johnson & Johnson on the list of top performing companies in the country. California-based Cisco Systems finished first overall.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"This independent, national recognition affirms our efforts to protect the planet we all cherish while providing the energy Michigan needs," said Patti Poppe, Consumers Energy's president and chief executive officer. "We are excited to be recognized for our commitment to providing energy from increasingly clean energy sources and taking actions that preserve the natural resources of Michigan."

Newsweek's annual survey of companies' environmental performance looks at such factors as support for clean energy, reduction of carbon emissions and efforts to reduce and divert waste.

Consumers Energy and parent company CMS Energy have taken several recent actions that are good for the environment. The company:

  • Closed seven coal-fired power plants last year – a higher percentage of its coal plants than any investor-owned utility in the U.S.
  • Provides over 10 percent of the electricity that its Michigan customers use from renewable sources such as wind, solar and hydroelectric power.
  • Opened solar power plants in Grand Rapids and Kalamazoo. CMS Energy will install another in Lansing in 2018.
  • Has helped Michigan homes and businesses save over $1 billion on bills through energy efficiency since 2009.
  • Has already reduced water used to generate electricity by 17 percent and expects to reach a 20 percent reduction by 2018. That should save over 100 million gallons of water per year.
  • Committed to a cumulative waste reduction goal of one million cubic yards of landfill space avoided by 2019, and met that goal in 2017.

"Our mission is to do what's right, not only what is required, to strengthen the environment and provide clean, reliable energy for our customers," Poppe said.

Consumers Energy has earned other recent honors for its work to promote clean energy and develop a strong workforce.

Consumers Energy this year scored highest in an independent ranking by Sustainalytics for sustainability performance among U.S. energy providers for the second consecutive year. Consumers Energy also was ranked as Michigan's best place to work by Forbes magazine and was recognized in Michigan and nationally for its commitment to providing job opportunities for military veterans. Given these honors, it is not surprising the Consumers Energy was also named the Most Trusted Brand in America in the MSI annual customer feedback of combination utilities in America.

Consumers Energy, Michigan's largest energy provider, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or 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

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/newsweek-ranks-consumers-energy-as-1-company-in-michigan-in-annual-green-rankings-300571295.html

SOURCE Consumers Energy

Brian Wheeler, 517-740-1545, or Katie Carey, 517-740-1739

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