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CMS Energy Stock Price

45.37 +0.18 +0.4% Volume: 2,030,670 04.23.18 04:00 ET

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CMS Energy Year-End 2017 Earnings Call

February 14th, 2018 +

View the Quarterly Earnings Summaries +

CMS Energy Stock Price

23Apr2018 04:00 ET 45.37 +0.18 +0.4% Volume: 2,030,670

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

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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.

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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

April is Safe Digging Month in Michigan: Consumers Energy and MISS DIG 811 Offer Tips to Protect Underground Utilities

Apr 13, 2018
Contacting MISS DIG 811 required by law when using power digging equipment

JACKSON, Mich., April 13, 2018 /PRNewswire/ -- Now that a cold and snowy Michigan winter is over and spring has arrived, eager do-it-yourself residents and contractors who plan digging projects are reminded that contacting MISS DIG 811 is the best way to dig safely and protect underground utilities.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"The first item on any project list, before putting a shovel, auger, rototiller or any earth moving equipment into the ground, is to contact MISS DIG 811 to request marking of underground utilities," said Charles Crews, vice president of gas operations for Consumers Energy. "At Consumers Energy safety is always our top priority. Protecting our customers, employees and the general public is paramount, and following simple and free tips before digging can help prevent injuries, damages to underground utilities and service interruptions," Crews said.

Gov. Rick Snyder once again declared April as Safe Digging Month in Michigan, joining MISS DIG 811, Consumers Energy, other utilities and the Michigan Public Service Commission and Michigan Legislature in urging Michigan residents, farmers and excavators to follow the law by contacting MISS DIG 811 before using any power digging equipment. It's free and easy to do by calling 8-1-1 or visiting www.missdig811.org.

Practicing safe digging practices can not only prevent damage and service interruptions for underground utilities like natural gas, electric, cable, fiber optic and water, but also helps keep those doing the work safe. No matter how small the digging job, from planting shrubs to installing mailboxes and decks, to large road and building projects, a contact to MISS DIG 811 is required for a safe digging project.

Crews offered four key safe digging tips:

  1. Contact MISS DIG 811 at least three business days before digging to have underground utilities marked.
  2. Wait to start digging until you are sure all lines are marked or cleared by the utility. Confirm this by calling MISS DIG at 8-1-1 or visiting www.missdig.org/positive-response.html.
  3. Respect the marks and dig with care. If the project is within four feet of the marks dig carefully with hand tools or modify your plans to be further from the marks. If using power equipment within four feet of the marks, always use a wooden handled tool to carefully expose the lines and confirm their exact location before starting to excavate.
  4. If using a contractor, be sure 8-1-1 has been contacted prior to allowing digging to proceed.

In 2017, a total of 83 percent of damages to underground Consumers Energy facilities were because a MISS DIG 811 locate request was not made prior to digging. "This is an improvement over 2016 damages when 88 percent were due to no MISS DIG 811 call, but continued vigilance is needed," Crews said. A total of 296 homeowner-caused damages occurred in 2017, 262 of which were natural gas and 34 electric.

"We know that contacting MISS DIG 811 via phone or website directly correlates to the number of damages. When contact is made, damages go down and safety for those digging increases. That's why we continue to share this important message 'Call MISS DIG 811 Before You Dig'," said Crews. 

MISS DIG 811 also reported a 32 percent increase in the use of 8-1-1 to request staking during 2017, while online requests increased to 57 percent, a nearly 100 percent increase since 2012.

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 .

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Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan  
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Cision View original content with multimedia:http://www.prnewswire.com/news-releases/april-is-safe-digging-month-in-michigan-consumers-energy-and-miss-dig-811-offer-tips-to-protect-underground-utilities-300629329.html

SOURCE Consumers Energy

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