CIG - Companhia Energética de Minas Gerais

NYSE - NYSE Delayed Price. Currency in USD
2.38
+0.06 (+2.59%)
At close: 4:02PM EDT
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Previous Close2.32
Open2.31
Bid2.28 x 2000
Ask2.55 x 400
Day's Range2.31 - 2.40
52 Week Range1.89 - 3.09
Volume2,945,043
Avg. Volume3,760,462
Market Cap2.948B
Beta1.98
PE Ratio (TTM)11.67
EPS (TTM)0.20
Earnings DateN/A
Forward Dividend & Yield0.15 (6.28%)
Ex-Dividend Date2018-05-02
1y Target Est3.10
Trade prices are not sourced from all markets
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  • Reuterslast month

    Brazil's Cemig seeks acquisition from Renova Energias

    Brazilian state-run electricity utility Companhia Energética de Minas Gerais presented a binding proposal to Renova Energia to acquire 100 pct of the renewable energies firm's stake in Chipley SP Participacoes, ...

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  • Reuterslast month

    SPIC renews talks to buy Brazilian hydroelectric project -paper

    SPIC Overseas, a unit of China's State Power Investment Corporation, has renewed talks regarding a possible purchase of Brazil's Santo Antonio hydroelectric power project, a Brazilian newspaper reported on Wednesday. Citing sources familiar with the matter, Valor Econômico said SPIC has returned to the negotiating table after talks with major shareholders Companhia Energetica de Minas Gerais SA , known as Cemig, and engineering conglomerate Odebrecht SA stalled in mid-2017.

  • Reuters2 months ago

    Cemig may auction fiber optic assets rather than telecom unit -sources

    Brazilian state-run utility Cia Energetica de Minas Gerais SA has told parties interested in its fiber-optic arm that it intends to sell those assets in an auction rather than privatize its unit Cemig Telecom, two people familiar with the matter said. Cemig had broken off the divestment process for its fiber optic unit last year. Earlier this month, its board approved the integration of Cemig Telecomunicações SA, as the unit is formally known, into the parent company.

  • Capital Cube4 months ago

    ETFs with exposure to Companhia Energética de Minas Gerais SA : December 28, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Companhia Energética de Minas Gerais SA Here are 5 ETFs with the largest exposure to CIG-US. Comparing the performance and risk of Companhia Energética de Minas Gerais SA with the ETFs that have exposure to it gives us some ETF choices that could give us ... Read more (Read more...)

  • Moody's4 months ago

    Cemig Distribuicao S.A. -- Moody's assigns B3/B2.br ratings to Cemig-D's BRL1,575 million debentures due 2022

    Rating Action: Moody's assigns B3/B2. br ratings to Cemig-D's BRL1, 575 million debentures due 2022. Global Credit Research- 22 Dec 2017. Sao Paulo, December 22, 2017-- Moody´s América Latina assigned ...

  • Capital Cube4 months ago

    ETFs with exposure to Companhia Energética de Minas Gerais SA : December 12, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Companhia Energética de Minas Gerais SA Here are 5 ETFs with the largest exposure to CIG.C-US. Comparing the performance and risk of Companhia Energética de Minas Gerais SA with the ETFs that have exposure to it gives us some ETF choices that could give us ... Read more (Read more...)

  • Companhia Energetica (CIG) Incurs Loss in Q3 on High Costs
    Zacks5 months ago

    Companhia Energetica (CIG) Incurs Loss in Q3 on High Costs

    Companhia Energetica de Minas Gerais' (CIG) third-quarter 2017 bottom-line results suffered from rise in operating expenses and equity method losses.

  • Capital Cube6 months ago

    ETFs with exposure to Companhia Energética de Minas Gerais SA : November 8, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Companhia Energética de Minas Gerais SA Here are 5 ETFs with the largest exposure to CIG-US. Comparing the performance and risk of Companhia Energética de Minas Gerais SA with the ETFs that have exposure to it gives us some ETF choices that could give us ... Read more (Read more...)

  • Moody's6 months ago

    Companhia Energetica de Minas Gerais - CEMIG -- Moody's downgrades Cemig and its subsidiaries to B3/B2.br; Ratings placed under review for downgrade

    Rating Action: Moody's downgrades Cemig and its subsidiaries to B3/B2. br; Ratings placed under review for downgrade. Global Credit Research- 31 Oct 2017. Sao Paulo, October 31, 2017-- Moody´s América ...

  • Reuters6 months ago

    Brazil's Cemig fires business development director, sources say

    Brazilian state-run electricity company Companhia Energética de Minas Gerais SA has dismissed its business development director, two sources with knowledge of the matter told Reuters. Cesar Vaz Fernandes's exit will be followed by management changes that will affect at least two other top executives, one of the sources said. Cemig, as the company is known, did not have an immediate comment.

  • Reuters7 months ago

    Brookfield refrains from higher bid for Brazil's Renova -source

    Brookfield Asset Management Inc has refrained from improving an original bid for Brazilian renewable power company Renova Energia SA, after due diligence proceedings showed liabilities that were unaccounted for, a person with direct knowledge of the situation said on Thursday. Brookfield is leaning toward presenting a bid to Cia Energética de Minas Gerais SA and Light SA, valuing their combined 67 percent voting stake at the equivalent of 9 reais ($2.85) per unit of Renova, said the person, who asked for anonymity because the transaction remains private. A final round of auditing in Renova showed an unnamed project bore a shortfall that had been previously unaccounted for, the person said, without elaborating.

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    ETFs with exposure to Companhia Energética de Minas Gerais SA : October 3, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Companhia Energética de Minas Gerais SA Here are 5 ETFs with the largest exposure to CIG-US. Comparing the performance and risk of Companhia Energética de Minas Gerais SA with the ETFs that have exposure to it gives us some ETF choices that could give us ... Read more (Read more...)

  • Reuters7 months ago

    Exclusive: Brazil's Minas state to oust Cemig CEO Alvarenga, sources say

    The No. 1 shareholder in Cia Energética de Minas Gerais SA has decided to oust Chief Executive Bernardo Alvarenga and three senior executives after the debt-laden power utility lost control of four dams and took too long to shed assets, two people directly involved in the matter said on Friday. The Brazilian sate of Minas state, which has 51 percent voting control of the utility known as Cemig, will announce the ouster of Alvarenga and three senior vice presidents after their replacements have been found, one of the people said.

  • Reuters7 months ago

    Cemig to exit Brazil's Renova as Brookfield hints at higher bid: sources

    Cia Energética de Minas Gerais SA and a subsidiary plan to exit their controlling stake in Brazilian renewable power company Renova Energia SA as Brookfield Asset Management Inc considers raising a takeover bid more than initially expected, two people with direct knowledge of the matter said on Friday. According to the people, who requested anonymity because the talks remain private, Brookfield would offer Cemig and subsidiary Light SA the equivalent of 11.75 reais ($3.72) per unit of Renova. Reuters reported on Sept. 19 that Brookfield was considering proposing to buy each unit of Renova at 11.25 reais to persuade both shareholders into selling their combined 64.4 percent stake.

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    Latin American currencies weakened on Tuesday, weighed down by continuing tensions between North Korea and the United States, as well as the prospect of higher U.S. interest rates. North Korea's foreign ...

  • Capital Cube7 months ago

    ETFs with exposure to Companhia Energética de Minas Gerais SA : September 22, 2017

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