Companhia Energética De Minas Gerais - Cemig (NYSE: CIG)
Companhia Energética De Minas Gerais - Cemig Return vs. S&P
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Companhia Energética De Minas Gerais - Cemig Company Info
Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.
News & Analysis
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Sometimes, stocks go up for no reason -- or even for a bad reason.
Why Brazilian Stocks Are Hopping as Much as 16% Today
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Why Brazilian Stocks Are Dropping 9% or More Today
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Investors are upbeat facing the upcoming Brazilian presidential election.
Why Cia Energetica de Minas Gerais, Companhia Siderurgica Nacional, and Everything Else in Brazil Are Falling Apart Today
A presidential bribery scandal just tanked the Brazilian stock market.
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With one of CEMIG's dams in the courts, it's going to be hard to sell it.
Brazilian-Based Stocks Take a Hard Dive Today on Trump Trade Policy Fears
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Why Brazilian Industrial Stocks Surged Higher Today
Could an economic turnaround be on the horizon in Brazil?
Valuation
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