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CMS Energy Stock Price

60.46 -0.14 -0.23% Volume: 2,968,190 04.09.21 04:02 ET

CMS Energy Stock Price

9Apr2021 04:02 ET 60.46 -0.14 -0.23% Volume: 2,968,190

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

Spring Signals Start to Excavation Projects; Gov. Whitmer Declares April Safe Digging Month in Michigan

Apr 01, 2021

JACKSON, Mich., April 1, 2021 /PRNewswire/ -- After more than a year of dealing with the COVID-19 pandemic, many Michiganders are more than ready to undertake outdoor digging projects like landscaping and other home improvements. Dig Safely Month is designed to remind residents and excavators that safe digging measures must be taken with every project, large or small.

"Safety is and always will be our top priority, especially when it comes to underground digging," said Javid Khan, executive director of operations compliance for Consumers Energy. "It doesn't matter if the equipment used is a shovel, rototiller, auger or large earth-moving equipment, contacting MISS DIG 811 should always be the first step with any construction project. It's a free service that will mark underground utilities so you can then follow safe digging practices."

Gov. Gretchen Whitmer declared April as Safe Digging Month in Michigan, joining with MISS DIG 811, Consumers Energy and other utilities, the Michigan Public Service Commission and Michigan Legislature to urge Michigan residents, farmers and excavators to contact MISS DIG 811 before starting any digging project.

The law requires contacting MISS DIG by calling 8-1-1 or visiting www.missdig.org/at least three working days in advance of using power digging equipment as well as shovels, picks or other hand tools.

Practicing safe digging not only prevents 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 and other landscaping, to installing fencing, to large road and building projects, contacting MISS DIG 811 is required to safely complete a digging project.

In 2020, the total number of dig-in damages to the Consumers Energy natural gas system was 2,127, a 3 percent increase over 2019. Thirty-five percent of damages were attributed to not contacting MISS DIG 811 before digging, while 25 percent resulted from not using hand tools to dig around lines when required. 

Six counties had 100 or more dig-ins last year:

  • Oakland – 729 damages in 2020 vs. 706 in 2019
  • Macomb – 248 damages in 2020 vs. 230 in 2019
  • Genesee – 195 damages in 2020 vs. 176 in 2019
  • Kalamazoo – 126 damages in 2020 vs. 136 in 2019
  • Ingham – 100 damages in 2020 vs. 113 in 2019
  • Livingston – 111 damages in 2020 vs. 77 in 2019

Four key safe digging tips were shared by Khan. They include:

  1. Contact MISS DIG 811 at least three business days before digging to have underground utilities marked.
  2. Wait to dig until you are sure all lines are marked with flags and/or paint or cleared by the utility. Confirm this by calling MISS DIG at 8-1-1 or visiting www.response.missdig811.org/ 
  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. Be sure to contact MISS DIG 811 prior to digging if using a contractor or be sure that person makes the contact.

"I urge all Michiganders to keep themselves, their neighbors and underground utilities safe by taking the important first step of contacting MISS DIG 811 before they dig," Khan said. 

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  
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/spring-signals-start-to-excavation-projects-gov-whitmer-declares-april-safe-digging-month-in-michigan-301260412.html

SOURCE Consumers Energy

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