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CMS Energy Stock Price

65.01 +0.26 +0.4% Volume: 1,599,850 10.20.20 04:02 ET

CMS Energy Stock Price

20Oct2020 04:02 ET 65.01 +0.26 +0.4% Volume: 1,599,850

Media Contacts

MEGAN
BROWN
Senior Director of Public Relations
and Communications
517-788-6538
megan.brown@cmsenergy.com
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

Energy Partners Collaborate to Promote, Fill In-Demand Jobs During Careers in Energy Week

Oct 15, 2020
-- Jobs in the energy sector will grow by 8% through 2028.
-- Organizations are looking for motivated, service-oriented students and job seekers to fill current and future openings.
-- Industry, workforce and education partners in Michigan will host virtual events to promote jobs in the energy sector October 19-23.

DETROIT, Oct. 15, 2020 /PRNewswire/ -- The Michigan Energy Workforce Development Consortium (MEWDC), a coalition of energy companies and educators, announced today it will launch an outreach initiative that aims to heighten awareness of good-paying, rewarding careers in the energy sector during Careers in Energy Week, October 19-23. In addition to increasing visibility of careers in energy, the MEWDC will also set out to match job seekers with positions that suit their strengths and passions through this initiative.

The Careers in Energy Week theme is "Get into Energy." During this five-day campaign, Michigan schools and energy companies will host online tours, panel discussions and career fairs to energize students and people looking for work and/or a rewarding career change. The MEWDC will also host two contests for high schoolers to further increase awareness of careers in the energy sector, which is evolving faster than ever.

"While the energy sector is critical to our state's infrastructure, it also provides significant career opportunities for residents throughout Michigan," said Stephanie Beckhorn, LEO's Director of the Office of Employment and Training. "Supporting initiatives such as Careers in Energy Week spotlights in-demand, high-wage jobs, and it helps us in our mission to close the skills gap that challenges the success of Michigan businesses and our state's prosperity."

Now in its seventh year, Careers in Energy Week is sponsored by the MEWDC, which includes Consumers Energy, DTE Energy, Lansing Board of Water & Light, Michigan Municipal Electric Association, Michigan Electric and Gas Association (MEGA), and more than 50 industry, workforce and education partners. It's a great time to get into energy, as the energy sector currently employs more than 147,000 Michigan residents and is expected to grow 8% in the Great Lakes State through 2028.

"At DTE, our aspiration is to be a force for growth in the communities where we live and serve," said Tracy DiSanto, manager, workforce planning, development and compliance, DTE; and co-chair, MEWDC. "That's why we've made significant, aggressive moves to shift programming online to continue to offer rewarding opportunities and keep everyone safe, healthy and engaged during the pandemic. I want students and job seekers to know we're hiring motivated, service-driven professionals for meaningful and rewarding careers at DTE."

"Consumers Energy is excited to connect virtually with students during Careers in Energy Week and provide a hands-on look at opportunities in our industry," said Cathy Hendrian, senior vice president of People and Culture for Consumers Energy. "We are working every day to promote STEM learning, robotics and skilled trades, and want to inspire the next generation of students to pursue careers that will shape and nourish our state's economy."

Founded in 2008, MEWDC's career awareness and outreach initiatives aim to develop the next generation of Michigan energy workers. These initiatives include:

  • Partnering with school districts and community colleges across the state to implement energy curriculum leveraging Perkins Funds available after the 17th "career cluster" in energy was approved by the Michigan State Board of Education in 2016. More than 600 students have earned national certificates of Energy Industry Fundamentals.
  • Sustaining membership of more than 50 industry, education and government organizations.
  • Collectively hiring more than 3,200 new employees into energy careers since the beginning of 2019.

In addition, consortium members Consumers Energy and DTE Energy have:

  • Provided nearly $25.8 million in COVID-19 relief through their foundations to help customers struggling during the pandemic by providing support that addresses basic human needs, supporting COVID testing, helping small businesses reopen safely and matching employee donations to nonprofits statewide.
  • Maintained gold-level veteran-friendly employer status from the Michigan Veterans Affairs Agency, signifying a commitment to recruiting and retaining employees who are military veterans.
  • Contributed significant financial and volunteer support to the state and national FIRST Robotics movement, emphasizing the importance of Science, Technology, Engineering and Math (STEM) occupations for both elementary and secondary students.

Visit www.careersinenergymichigan.com for a full list of events during Careers in Energy Week – and for a complete lineup of MEWDC partners.

About Consumers Energy
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.

About DTE Energy 
DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.2 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio includes energy businesses focused on power and industrial projects; renewable natural gas; natural gas pipelines, gathering and storage; and energy marketing and trading. As an environmental leader, DTE utility operations will reduce carbon dioxide and methane emissions by more than 80% by 2040 to produce cleaner energy while keeping it safe, reliable and affordable. DTE Electric aspires to achieve net zero carbon by 2050. DTE is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com.

About Lansing Board of Water & Light
The Lansing Board of Water & Light (BWL) is a municipally-owned public utility that provides safe, reliable and affordable utility products and services to more than 9,700 electric and 56,000 water customers throughout the greater Lansing area.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/energy-partners-collaborate-to-promote-fill-in-demand-jobs-during-careers-in-energy-week-301153180.html

SOURCE Consumers Energy

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