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4-Traders Homepage  >  Equities  >  Nyse  >  CMS Energy Corporation    CMS

CMS ENERGY CORPORATION (CMS)
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CMS Energy : Consumers Energy Expects to Finish Restoring Power Today Following Severe Weather

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12/12/2017 | 03:43pm CET

Consumers Energy today expects to finish restoring power to nearly 110,000 homes and businesses affected by high winds that struck Michigan's Lower Peninsula this week.

Consumers Energy crews and contract workers continued their work through the night. As of 4 a.m., less than 20,000 customers remained without power. Consumers Energy is working to restore power to all affected customers by 11:30 p.m.

'Our crews continue to make good progress following this December storm, and we appreciate the patience of customers as we complete work to restore power safely today,' said Guy Packard, Consumers Energy's vice president of electric operations. 'We encourage the public to take actions to stay safe and warm, and look out for loved ones, friends and neighbors who still may be without power.'

Packard also reminded drivers to watch for Consumers Energy crews at work this morning, particularly before sunrise. Be alert to crews working along roads and 'slow down and go around.' Drivers should slow down or stop and wait for oncoming traffic to clear then safely pass workers on roadsides.

Consumers Energy also reminds everyone: Stay at least 25 feet away from downed power lines. Call 9-1-1 and Consumers Energy at 800-477-5050 to report downed wires.

Operating a generator may produce hazardous levels of carbon monoxide, an odorless, colorless and deadly gas. Never use a generator in an attached garage, basement or near any air intakes, and never fuel a generator when it is running.

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.

Media Contact:

Debra Dodd

Tel: 586-918-0597

(C) 2017 Electronic News Publishing, source ENP Newswire

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Financials ($)
Sales 2017 6 574 M
EBIT 2017 1 343 M
Net income 2017 610 M
Debt 2017 10 294 M
Yield 2017 2,65%
P/E ratio 2017 23,08
P/E ratio 2018 21,51
EV / Sales 2017 3,72x
EV / Sales 2018 3,69x
Capitalization 14 130 M
Chart CMS ENERGY CORPORATION
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CMS Energy Corporation Technical Analysis Chart | CMS | US1258961002 | 4-Traders
Technical analysis trends CMS ENERGY CORPORATION
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TrendsBearishBearishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 50,3 $
Spread / Average Target 0,40%
EPS Revisions
Managers
NameTitle
Patricia K. Poppe President, Chief Executive Officer & Director
John G. Russell Chairman
Rejji P. Hayes Chief Financial Officer & Executive Vice President
Brian F. Rich Chief Information Officer
Jon E. Barfield Independent Director
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