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Companhia Energética de Minas Gerais (CMIG3.SA)

São Paulo - São Paulo Delayed Price. Currency in BRL
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16.42+0.09 (+0.55%)
At close: 5:07PM BRT
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Neutralpattern detected
Previous Close16.33
Bid16.39 x 0
Ask16.41 x 0
Day's Range0.00 - 0.00
52 Week Range
Avg. Volume470,596
Market Cap24.496B
Beta (5Y Monthly)N/A
PE Ratio (TTM)8.34
EPS (TTM)1.97
Earnings DateNov 13, 2020
Forward Dividend & Yield1.10 (6.92%)
Ex-Dividend DateMay 03, 2021
1y Target EstN/A
  • Motley Fool

    Companhia Energetica de Minas Gerais (CIG) Q2 2021 Earnings Call Transcript

    Image source: The Motley Fool. Companhia Energetica de Minas Gerais (NYSE: CIG)Q2 2021 Earnings CallAug 18, 2021, 2:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for waiting.

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  • Reuters

    UPDATE 2-Brazil's Cemig plans gas distribution IPO, new investments and divestments

    Brazilian power utility Cemig is planning an initial public offering of its gas distribution unit, as well as a raft of investments through 2025 and several divestments, executives said on Wednesday, as shares rose almost 4% on the news. Cemig also said it is planning 22.5 billion reais ($4.16 billion) in investments through 2025, with the largest expenditure reserved for improving its distribution network, as well as 4.5 billion reais to invest in wind and solar generation projects that will add 1 gigawatt in capacity. As part of its divestment drive, the company, formally Cia Energetica de Minas Gerais SA, also plans to sell its stake in Alianca Energia, a joint power generation venture with Brazilian mining company Vale SA, the executives said.