United States

CMS Energy Corporation CMS

NYSE Utilities USD

CMS Energy Corporation is a Michigan-based energy company primarily operating through its principal subsidiary, Consumers Energy Company. The company serves as a regulated electric and natural gas utility, providing essential energy services to residential, commercial, and industrial customers across Michigan. Its core business involves generating, transmitting, distributing, and selling electricity and natural gas, with a growing focus on clean energy initiatives and infrastructure modernization. CMS Energy operates a diverse generation portfolio that includes natural gas, coal, wind, solar, hydroelectric, and biomass facilities, while actively transitioning toward renewable energy sources as part of its Clean Energy Plan. The company's business model is primarily regulated, with rates and operations overseen by the Michigan Public Service Commission, ensuring stable revenue streams through approved tariffs and cost recovery mechanisms. It also engages in some independent power production and energy marketing activities through its NorthStar Clean Energy subsidiary. The company serves approximately 6.8 million people in Michigan's Lower Peninsula, making it the state's largest utility. Its operations encompass power generation, transmission and distribution networks, natural gas storage and delivery systems, and energy efficiency programs. CMS Energy focuses on reliability, affordability, and environmental stewardship while investing in grid modernization, renewable energy projects, and infrastructure upgrades to meet evolving customer needs and regulatory requirements.

Current Price USD 70.43
Daily Change -0.13%
Market Cap USD 21.43 B
Shares Outstanding 304.32 M
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