News

Companhia Energetica de Minas Gerais - CEMIG (CIG) Q3 2024 Earnings Call Transcript

  • Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG ) Q3 2024 Earnings Conference Call November 18, 2024 8:30 AM ET Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo Passanezi Filho - Chief Executive Officer Leonardo George de Magalhaes - Chief Finance and Investor Relations Officer Dimas Costa - Chief Commercial Officer Conference Call Participants Marcelo Sa - Banco Itau Daniel Travitzky - Banco Safra Carolina Senna Good morning, everyone. I am Carolina Senna, Cemig's Investor Relations Superintendent.
    11/18/2024

Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
    10/10/2024
Profitability
Dividends
Income Statement
Balance Sheet
Cash Flow Statement
Symbol Frequently Asked Questions

Companhia Energética de Minas Gerais (CIG) can buy. Click on Rating Page for detail.

The price of Companhia Energética de Minas Gerais (CIG) is 1.79 and it was updated on 2025-01-09 07:01:30.

Currently Companhia Energética de Minas Gerais (CIG) is in undervalued.

News
    
News

Is Comp En De Mn Cemig (CIG) Stock Outpacing Its Utilities Peers This Year?

  • Here is how Cemig (CIG) and Pinnacle West (PNW) have performed compared to their sector so far this year.
    Fri, Sep. 27, 2024

Why Fast-paced Mover Cemig (CIG) Is a Great Choice for Value Investors

  • Cemig (CIG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
    Wed, Sep. 25, 2024

Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
    Tue, Sep. 24, 2024

Is Comp En De Mn Cemig (CIG) Outperforming Other Utilities Stocks This Year?

  • Here is how Cemig (CIG) and National Fuel Gas (NFG) have performed compared to their sector so far this year.
    Thu, Sep. 05, 2024

Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
    Thu, Sep. 05, 2024
Transcripts
Transcipts Data
SEC Filings
SEC Filings
Press Releases
StockPrice Release
More Headlines
News

Cemig: A Solid Pick For Dividends In Brazil

  • Cemig, a state-owned electricity company in Minas Gerais, operates in generation, transmission, and distribution, with stable operations and attractive dividends. Despite governance risks, Cemig's efficient management and solid financials make it a strong income portfolio candidate with a healthy dividend yield. The company plans significant investments through 2028, maintaining a low debt ratio and positioning for sustainable dividends and potential M&A opportunities.
  • 09/04/2024

Despite Fast-paced Momentum, Cemig (CIG) Is Still a Bargain Stock

  • Cemig (CIG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
  • 09/02/2024

Companhia Energetica de Minas Gerais - CEMIG (CIG) Q2 2024 Earnings Call Transcript

  • Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG ) Q2 2024 Earnings Conference Call August 20, 2024 8:30 AM ET Company Participants Carolina Senna - Investor Relations Superintendent Marcio Luiz Simoes Utsch - Chair of the Board of Directors Reynaldo Passanezi Filho - Chief Executive Officer Fernando Passalio - Secretary of State for Economic Development, Government of Minas Gerais Leonardo George de Magalhaes - Chief Finance and Investor Relations Officer Marney Tadeu Antunes - Vice President of Distribution Afonso Henriques Moreira Santos - Coordinator, Innovation and Energy Transition Committee Marco da Camino Ancona Lopez Soligo - Vice President of Equity Holdings and Vice President of Generation and Transmission Carlos Colombo - Chief Executive Officer, Gasmig Iuri Mendonca - Chief Executive Officer, Cemig SIM Cristiana Maria Fortini Pinto e Silva - Vice President of Legal Affairs Marcus Vinicius de Castro Lobato - Head of Trading Planning and Marketing Conference Call Participants Bruno Amorim - Goldman Sachs Victor Burke - JPMorgan Daniel Travitzky - Banco Safra Andre Sampaio - Santander Vladimir Pinto - XP Investimentos Carolina Senna Good morning, everyone. We now start our Cemig Day, the 29th Meeting with Investors.
  • 08/23/2024

Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 08/19/2024

Cemig (CIG) Is Attractively Priced Despite Fast-paced Momentum

  • If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cemig (CIG) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
  • 08/15/2024

Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 08/02/2024

Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2024 Earnings Call Transcript

  • Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q1 2024 Results Conference Call May 14, 2024 9:00 AM ET Company Participants Carolina Senna - IR Reynaldo Filho - CEO Leonardo Magalhaes - CFO Marney Antunes - CDO Marco Soligo - CPO Conference Call Participants Andre Sampaio - Santander Giuliano Ajeje - UBS [Operator Instructions]. Now I would like to turn the floor over to Carolina Senna, Investor Relations Superintendent.
  • 05/15/2024

CEMIG Files 2023 Form 20-F

  • BELO HORIZONTE, Brazil , April 30, 2024 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4), a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, today announced to the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on April 30, 2024, Form 20-F for the 2023 fiscal year ("2023 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").
  • 04/30/2024

CEMIG: Remote Chance Of Federalization Opens Up A Great Buying Point

  • The company has been delivering excellent results since its turnaround in 2019, with cost reduction, lower leverage, and prospects for further improving its EBITDA margin. Despite this, the company is traded below the multiples of its international peers, even though it is the most profitable and has the best return on equity. The discount compared to peers is due to the political risk, which increased with the news of the company's possible federalization, but which in my view is a buying opportunity.
  • 03/26/2024

Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript

  • Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript
  • 03/22/2024

Has Comp En De Mn Cemig (CIG) Outpaced Other Utilities Stocks This Year?

  • Here is how Cemig (CIG) and NRG Energy (NRG) have performed compared to their sector so far this year.
  • 01/09/2024

3 Reasons Growth Investors Will Love Cemig (CIG)

  • Cemig (CIG) possesses solid growth attributes, which could help it handily outperform the market.
  • 12/14/2023

Here is Why Growth Investors Should Buy Cemig (CIG) Now

  • Cemig (CIG) could produce exceptional returns because of its solid growth attributes.
  • 11/28/2023

Companhia Energética de Minas Gerais - CEMIG (CIG) Q3 2023 Earnings Call Transcript

  • Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q3 2023 Earnings Conference Call November 10, 2023 1:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Dimas Costa - Chief Commercial Officer Conference Call Participants Operator Good afternoon, everyone, and welcome to Cemig's Third Quarter 2023 Earnings Video Conference Call. We inform that this call is being recorded, and will be available at the company's IR website, where you will also find the company's presentation.
  • 11/11/2023

Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 10/16/2023

3 Utility Stocks to Buy for Resisting Market Volatility

  • Invest in utility stocks like Telefonica Brasil (VIV), Pampa Energia (PAM) and CEMIG (CIG) for steady returns and reduction of risk in a volatile market.
  • 10/12/2023

3 Must-Buy Stocks Under $10 With High Dividend Yield

  • Invest in companies like PSEC, CIG and OPI that provide a steady stream of income amid market volatility but will not burn a hole in your pocket.
  • 09/29/2023

Looking for a Growth Stock? 3 Reasons Why Cemig (CIG) is a Solid Choice

  • Cemig (CIG) is well positioned to outperform the market, as it exhibits above-average growth in financials.
  • 09/22/2023

Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 09/22/2023

Companhia Energética de Minas Gerais (CIG) Q2 2023 Earnings Call Transcript

  • Companhia Energética de Minas Gerais (NYSE:CIG ) Q2 2023 Earnings Conference Call August 4, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Thadeu Carneiro da Silva - Chief Generation and Transmission officer Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Conference Call Participants Andre Sampaio - Santander Marcelo Sa - Itau Daniel Travitzky - Safra Bank Operator [Starts Abruptly] Earnings Video Conference Call. We inform that this video conference is being recorded and will be available at the company's [indiscernible] website, where you will find the company's presentation.
  • 08/04/2023

Cemig: Great Business But Uncertain Future

  • Brazilian power company Cemig has seen a significant recovery since 2019, with operational expenses and losses now within regulatory limits, and future investment plans focusing on its distribution segment. Cemig's financial results show positive growth, with a recurring EBITDA of R$ 2.1 billion, an 8% increase compared to the previous year, and a profit of over R$ 1.3 billion. The potential privatization of Cemig is under discussion, but the process is complex and unpredictable, making it an uncertain factor for investors to consider.
  • 07/14/2023

Companhia Energética de Minas Gerais (CIG) Q1 2023 Earnings Call Transcript

  • Companhia Energética de Minas Gerais (NYSE:CIG ) Q1 2023 Results Conference Call May 5, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent-Investor Relations Leonardo George de Magalhaes - Chief Financial Officer Conference Call Participants Julia Bruton - Santander Operator Good afternoon and welcome to Cemig's First Quarter 2023 Earnings Video Conference Call. We informed that this call is being recorded, and will be available at the company's IR website, where you also find the Company's presentation.
  • 05/05/2023

Companhia Energética de Minas Gerais (CIG) Q4 2022 Earnings Call Transcript

  • Companhia Energética de Minas Gerais (NYSE:CIG ) Q4 2022 Earnings Conference Call March 27, 2023 10:30 AM ET Company Participants Márcio Luiz Simões Utsch – Chairman Carolina Senna – Superintendent-Investor Relations Reynaldo Passanezi Filho – Chief Executive Officer Leonardo George de Magalhães – Chief Financial Officer Marney Tadeu Antunes – Chief Distribution Officer Conference Call Participants Daniel Travitzky – Safra Bank André Sampaio – Santander João Pimentel – BTG Márcio Luiz Simões Utsch [Call Starts Abruptly] If we lose market, this will be a defeat for us. Just as all of our victories will show, when people say we want to stay with you, this is the work that our team has to do.
  • 03/27/2023

Companhia Energetica de Minas Gerais: Buy On A Convincing Swing Low

  • Companhia Energética de Minas Gerais continues its aggressive investment path. This is possible due to a strong balance sheet and strong cash flow generation.
  • 02/28/2023

7 Utility Stocks to Buy Heading Into December 2022

  • With macroeconomic pressures weighing heavily on market sentiment, investors should play it (relatively) safe with utility stocks to buy. Fundamentally, these energy and resource service providers represent an indelible demand structure.
  • 11/19/2022

Companhia Energética de Minas Gerais (CIG) Q3 2022 Earnings Call Transcript

  • Companhia Energética de Minas Gerais (NYSE:CIG ) Q3 2022 Earnings Conference Call November 16, 2022 1:00 PM ET Company Participants Carolina Sena - Investor Relations, Superintendent Reynaldo Passanezi Filho - CEO Leonardo George de Magalhães - Chief Financial Officer and IR Officer Conference Call Participants Andre Sampaio - Santander Operator [Abrupt Start] company's IR website, where the presentation will also be available. Note that if you need simultaneous translation this tool is available with the globe icon where it says interpretation located at the center lower part of the screen.
  • 11/16/2022

Companhia Energética de Minas Gerais' (CIG) Management on Q2 2022 Results - Earnings Call Transcript

  • Companhia Energética de Minas Gerais (NYSE:CIG ) Q2 2022 Earnings Conference Call August 16, 2022 2:00 PM ET Company Participants Carolina Sena – Investor Relations, Superintendent Leonardo George de Magalhães – Chief Financial Officer and Investor Relations Officer Marco Da Camino Ancona Lopez Soligo – Chief Participation Officer Thadeu Carneiro da Silva – Chief Generation and Transmission Officer Dimas Costa – Chief Commercial Officer Conference Call Participants Operator Good afternoon everyone. Welcome to Cemig's Second Quarter 2022 Earnings Video Conference Call.
  • 08/16/2022

7 Stocks Under $50 to Buy and Hold Forever

  • It's important to have a diversified portfolio. You'll see that my portfolios run the gamut — there are large-cap names, growth stocks and momentum plays, but you'll also find some lesser known stocks under $50 to buy and hold.
  • 08/04/2022

4 Stocks Trading Below Earnings Power Value

  • When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.
  • 07/08/2022

Companhia Energetica de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q1 2022 Results - Earnings Call Transcript

  • Companhia Energetica de Minas Gerais (NYSE:CIG ) Q1 2022 Earnings Conference Call May 16, 2022 9:00 AM ET Company Participants Carolina Senna - Superintendent of Investor Relations Reynaldo Passanezi Filho - CEO Leonardo Magalhaes - CFO Dimas Costa - Commercialization Director Marco da Camino Ancona Soligo - Participations Director Marney Tadeu Antunes - Distribution Director Thadeu Carneiro da Silva - Generation and Transmission Director Conference Call Participants Francisco Navarrete - BBI Andre Sampaio - Santander Daniel Travitzky - Safra Operator Good morning, and welcome to Cemig's conference call. We're releasing the results of the first quarter of 2022.
  • 05/17/2022

5 High-Dividend Utilities Stocks to Help a Sinking Portfolio Stay Afloat

  • U.S. markets suffered a bloodbath on Monday. The S&P 500 index fell below 4,000 to finish at its lowest point in a year, the Nasdaq Composite plunged by 4.3% and the Dow Jones industrials lost 2.0%.
  • 05/10/2022

6 A-Rated Penny Stocks to Buy In May

  • It's a crazy ride right now, but for those of you looking for some high-risk, high-reward prospects, these penny stocks should fit the bill. The post 6 A-Rated Penny Stocks to Buy In May appeared first on InvestorPlace.
  • 05/06/2022

A Trio of Stocks Shining as Bargains

  • If you are screening the market for bargain opportunities among U.S.-listed equities, then you may want to consider the following stocks, since they meet the criteria listed below:
  • 01/17/2022

Companhia Energética de Minas Gerais' (CIG) CEO Reynaldo Passanezi Filho on Q3 2021 Results - Earnings Call Transcript

  • Companhia Energética de Minas Gerais' (CIG) CEO Reynaldo Passanezi Filho on Q3 2021 Results - Earnings Call Transcript
  • 11/12/2021

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2021 Results - Earnings Call Transcript

  • Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2021 Results - Earnings Call Transcript
  • 08/18/2021

Companhia Energetica: Strong Return On Capital Performer

  • The company actually reported an impressive set of first quarter numbers, although doubts remain regarding future profitability. The market has not rewarded the stock yet for the transition it is undergoing.
  • 07/28/2021

Companhia Energética de Minas Gerais's (CIG) CEO Reynaldo Passanezi Filho on Q1 2021 Results - Earnings Call Transcript

  • Companhia Energética de Minas Gerais's (CIG) CEO Reynaldo Passanezi Filho on Q1 2021 Results - Earnings Call Transcript
  • 05/17/2021

Debt Reductions And Possible Privatization Could Make CEMIG An Attractive Investment

  • Improving the fixed asset turnover ratio demonstrates that the company is improving its efficiency.
  • 05/11/2021

Companhia Energetica: Low Priced Stock Brings Opportunity

  • Profitability has dropped a lot this year but expectations remain strong going forward. Assets have been shrinking on the balance sheet but cash flow generation remains strong.
  • 01/01/2021

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q3 2020 Results - Earnings Call Transcript

  • Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q3 2020 Results - Earnings Call Transcript
  • 11/17/2020

CEMIG: An Ex-High-Yielding Brazilian Utility That Is Best Avoided For Now

  • CEMIG's payout has withered over the years, and now, payments have been postponed as a result of COVID-19.
  • 08/27/2020

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2020 Results - Earnings Call Transcript

  • Companhia Energética de Minas Gerais (NYSE:CIG) Q2 2020 Earnings Conference Call August 17, 2020 1:00 P.M.
  • 08/18/2020

Companhia Energetica de Minas Gerais (CIG) Q2 2020 Earnings Call Transcript

  • CIG earnings call for the period ending June 30, 2020.
  • 08/18/2020

Brazilian power firm Cemig suspends five-year financial guidance

  • 07/22/2020

Here is What Hedge Funds Think About Companhia Energetica Minas Gerais (CIG)

  • The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
  • 07/08/2020

Shares of several utilities companies are trading higher on continued optimism amid the reopening of the economy, which would increase consumer spending and economic activity.

  • 06/08/2020

10 Clean Energy Stocks for 2020: May, Update Part 1

  • 06/02/2020

Shares of several utility companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses.

  • 05/26/2020

Comp En De Mn Cemig ADS (CIG) Q1 2020 Earnings Call Transcript

  • Image source: The Motley Fool. Comp En De Mn Cemig ADS (NYSE: CIG)Q1 2020 Earnings CallMay 18, 2020, 1:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for waiting.
  • 05/18/2020

Stocks That Hit 52-Week Lows On Thursday

  • 05/14/2020

Cape Ann Asset Management Ltd Buys JOYY Inc, Baidu Inc, QIWI PLC, Sells ICICI Bank, Energy ...

  • 05/14/2020

Stocks That Hit 52-Week Lows On Wednesday

  • 05/13/2020

Shares of several Brazilian companies are trading lower amid increasing coronavirus deaths and political instability and within the country.

  • 05/07/2020

Brazilian power firm Cemig plans voluntary buyouts -document

  • The executive board of Brazilian power firm Cemig has approved a voluntary buyout program for up to 1,000 employees, according to an internal document seen by Reuters on Monday. The Brazilian state of Minas Gerais is Cemig's majority shareholder.
  • 05/04/2020

Why Brazilian Stocks Are Hopping as Much as 16% Today

  • Brazil's president could soon be impeached. This is good news?
  • 04/28/2020

Shares of several Brazilian stocks are trading higher potentially as a rebound to a steep sell-off Friday on news the country's justice minister resigned.

  • 04/27/2020

CEMIG (NYSE:CIG) Trading Down 14.4%

  • Shares of CEMIG (NYSE:CIG) fell 14.4% on Friday . The stock traded as low as $1.50 and last traded at $1.54, 10,686,353 shares were traded during trading. An increase of 128% from the average session volume of 4,683,980 shares. The stock had previously closed at $1.80. Separately, ValuEngine lowered shares of CEMIG from a “hold” […]
  • 04/26/2020

Brazil stocks, currency plunge on departure of two top government officials

  • The resignation of Brazil's justice minister has sparked a political crisis as well as a slump in stocks (EWZ -7.9%) and a slide in the real to yet another record low against the dollar.Sergio Moro, o
  • 04/24/2020

Shares of several Brazilian companies are trading lower after Brazil Justice Minister Sergio Moro announced his resignation.

  • 04/24/2020

TSP Capital Management Group, LLC Buys Sibanye Stillwater, Nokia Oyj, Energy Company of Minas ...

  • 04/23/2020

Shares of several utilities companies are trading lower with the overall market on continued downward momentum after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic.

  • 04/21/2020

CEMIG (NYSE:CIG) versus Black Hills (NYSE:BKH) Head-To-Head Review

  • Black Hills (NYSE:BKH) and CEMIG (NYSE:CIG) are both mid-cap utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, profitability, risk, analyst recommendations and dividends. Insider & Institutional Ownership 84.3% of Black Hills shares are held by institutional investors. Comparatively, 1.2% […]
  • 04/20/2020

5 Utilities Trading With Low Price-Earnings Ratios

  • Pampa Energy tops the list Continue reading...
  • 04/13/2020

5 Utilities Trading With Low Price-Earnings Ratios

  • 5 Utilities Trading With Low Price-Earnings Ratios, Stocks: CEPU,CIG,VST,ENIA,PAM,EBR, release date:Apr 13, 2020
  • 04/13/2020

5 Utilities Trading With Low Price-Earnings Ratios

  • 04/13/2020

El Paso Electric (NYSE:EE) versus CEMIG (NYSE:CIG) Head to Head Review

  • El Paso Electric (NYSE:EE) and CEMIG (NYSE:CIG) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation. Earnings & Valuation This table compares El Paso Electric and CEMIG’s revenue, earnings per share […]
  • 04/08/2020

CEMIG (NYSE:CIG) Trading Up 7%

  • Shares of CEMIG (NYSE:CIG) were up 7% on Tuesday . The stock traded as high as $1.68 and last traded at $1.69, approximately 119,959 shares changed hands during mid-day trading. A decline of 98% from the average daily volume of 4,804,181 shares. The stock had previously closed at $1.58. Separately, ValuEngine cut shares of CEMIG […]
  • 04/08/2020

Are Hedge Funds Going To Get Burned By Companhia Energetica de Minas Gerais (CIG)?

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 04/07/2020

Shares of several utility companies are trading higher amid positive market sentiment on optimism of cases potentially leveling off in some hotspots globally. Lower cases could mean a sooner return to store openings.

  • 04/07/2020

Mid-Day Market Update: Crude Oil Down Over 6%; Wayfair Shares Spike Higher

  • Midway through trading Monday, the Dow traded up 4.75% to 22053.54 while the NASDAQ rose 4.72% to 7721.07. The S&P also rose, gaining 4.62% to 2,603.75. The U.S. is now the...
  • 04/06/2020

CEMIG (NYSE:CIG) Shares Gap Down to $1.58

  • Shares of CEMIG (NYSE:CIG) gapped down prior to trading on Friday . The stock had previously closed at $1.64, but opened at $1.58. CEMIG shares last traded at $1.48, with a volume of 5,375,071 shares. Separately, ValuEngine lowered shares of CEMIG from a “hold” rating to a “sell” rating in a report on Thursday. The […]
  • 04/05/2020

Brazil power distributors call on government to shore up sector in pandemic

  • Brazilian power distributors have asked the government for financial support as falling demand for electricity during the coronavirus pandemic undermines their operations and weakens their balance sheets. In a webinar on Friday, the chief executives of some of Brazil's largest distributors discussed a potential support package that could involve emergency loans, including from the national development bank BNDES, in addition to the use of Treasury financing and industry funds to support the companies during the crisis. The electricity distribution sector was hit hard by the public health crisis, which may put Brazil into a recession, according to some analysts' estimates.
  • 04/03/2020

Hedge Funds Have Never Been More Bullish On Healthequity Inc (HQY)

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/29/2020

Shares of several utility companies are trading lower potentially on a sell-off from this week's strength. While US stimulus legislation has boosted economic optimism, demand concerns still exist amid the coronavirus.

  • 03/27/2020

Is Trex Company, Inc. (TREX) A Good Stock To Buy?

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/26/2020

Hedge Funds Have Never Been This Bullish On Elastic N.V. (ESTC)

  • We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
  • 03/26/2020

Mid-Day Market Update: Crude Oil Down Over 4%; XpresSpa Group Shares Plunge

  • Midway through trading Thursday, the Dow traded up 4.69% to 22,195.63 while the NASDAQ rose 3.68% to 7656.37. The S&P also rose, gaining 4.22% to 2580.02. US reported a total...
  • 03/26/2020

Shares of several utility companies are trading higher after the US Senate passed a $2 trillion stimulus to support the economy amid coronavirus disruption.

  • 03/26/2020

Brazil power cos related to Cemig, Votorantim Energia claim force majeure

  • Two Brazil energy companies tied to groups Cemig and Votorantim Energia have told business partners that the coronavirus outbreak is an event of "force majeure" that could be a reason for breaking energy contracts, according to documents seen by Reuters. Cemig GT and Votener, belonging to Votorantim Energia, have said in documents that they seek a reduction in the energy they are required to buy, because civil restrictions tied to the coronavirus outbreak will lead to a "generalized demand reduction."
  • 03/24/2020

Stocks That Hit 52-Week Lows On Monday

  • On Monday morning, 720 companies hit new 52-week lows. Noteworthy Mentions: The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ: GOOGL)...
  • 03/23/2020

Shares of several utilities companies are trading lower amid market volatility. Sunday's fiscal stimulus bill failed a procedural senate vote while the Fed on Monday announced stimulus measures.

  • 03/23/2020

136 Biggest Movers From Yesterday

  • Gainers Ranger Energy Services, Inc. (NYSE: RNGR) shares rose 44.8% to close at $4.46 on Thursday. Ampco-Pittsburgh Corporation (NYSE: AP) shares surged 35.6% to close at $3.20...
  • 03/13/2020

Stocks That Hit 52-Week Lows On Thursday

  • 03/12/2020

Shares of several utility companies are trading lower as equities sell off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors.

  • 03/12/2020

Hedge Funds Have Never Been This Bullish On ServiceMaster Global Holdings Inc (SERV)

  • Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with
  • 03/11/2020

Shares of several utilities companies are trading lower as fears of the coronavirus continue to grow globally, negatively impacting economic growth.

  • 03/11/2020

Stocks That Hit 52-Week Lows On Friday

  • Friday morning, 940 companies set new 52-week lows. Interesting Points: The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC). The...
  • 03/06/2020

Ten Clean Energy Stocks for 2020: Navigating the Storm

  • The stocks in this list with the greatest economic exposure to the disruption caused by the covid-19 pandemic are Valeo, Green Plains Partners, and MiX Telematics.
  • 03/05/2020

Ten Clean Energy Stocks for 2020: Navigating the Storm

  • 03/05/2020

Correction, or Bear Market?

  • Calling market bottoms is nearly as difficult as not buying at market peaks. Right now, the stock market has been falling because investors understand that the covid-19 pandemic is damaging the economy and company profits.
  • 03/03/2020

Correction, or Bear Market?

  • 03/03/2020

What You Must Know About Camarico Investment Group Ltd.'s (CSE:CIG) Beta Value

  • If you're interested in Camarico Investment Group Ltd. (CSE:CIG), then you might want to consider its beta (a measure...
  • 03/02/2020

Concentrum Wealth Management Buys PowerShares QQQ Trust Ser –, Enterprise Products Partners ...

  • 01/15/2020

Mid-Morning Market Update: Markets Open Higher; Eli Lilly To Buy Dermira For $18.75/Share

  • 01/10/2020

3 Utilities Stocks Moving In Monday's Pre-Market Session

  • 01/06/2020

Ten Clean Energy Stocks for 2020

  • 01/02/2020

The 3 Top Penny Stocks To Watch In 2020

  • 12/26/2019

11 Foreign Stocks With The Lowest Earnings Multiples

  • 12/17/2019

Is Companhia Energetica de Minas Gerais (CIG) Going To Burn These Hedge Funds ?

  • Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
  • 12/16/2019

The 3 Best Penny Stocks to Buy December 2019

  • 12/03/2019

How Much Are Camarico Investment Group Ltd. (CNSX:CIG) Insiders Spending On Buying Shares?

  • We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
  • 12/02/2019

3 Utilities Stocks Moving In Friday's Pre-Market Session

  • 11/29/2019

Best & Worst Large Cap Stocks - Tuesday, Nov. 26

  • 11/26/2019

Companhia Energética de Minas Gerais (CIG) Management on Q3 2019 Results - Earnings Call Transcript

  • 11/19/2019

Companhia Energtica de Minas Gerais - CEMIG reports Q3 results

  • 11/17/2019

Goldman Sachs Initiates Coverage On Comp En De Mn Cemig ADS American Depositary Receipts with Buy Rating

  • 11/14/2019

3 Utilities Stocks Moving In Wednesday's Pre-Market Session

  • 11/13/2019

Turim —– Investimentos Ltda. Buys iShares iBoxx $ High Yield Corporate Bond ETF, The Kraft ...

  • 11/12/2019

Hedge Funds Aren’t Crazy About Companhia Energetica de Minas Gerais (CIG) Anymore

  • Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
  • 10/15/2019

UPDATE 1-Renova Energia CFO out after Light divestiture, failure to sell Brazil wind farms

  • The CFO of Brazilian renewable energy firm Renova Energia SA resigned and a key shareholder gave up its stake after failed talks to sell heavily indebted wind farm projects. Renova Chief Executive Officer Cristiano Corrêa de Barros will temporarily assume the responsibilities of outgoing Chief Financial Officer Claudio Ribeiro, the company said on Monday. Separately on Monday, Renova shareholder Light SA said it had sold its 17.17% stake in the firm to an investment fund for a symbolic value of 1 real.
  • 10/14/2019

Brazil's Cemig extends natural gas distribution contract- filing

  • 09/26/2019

Best & Worst Large Cap Stocks - Tuesday, Sept. 17

  • 09/17/2019

Shares of several South American stocks are trading higher after it was announced the catalyst behind the Hong Kong protests, the controversial extradition bill, is being withdrawn. The protests are seen as a potential disruptor to global growth.

  • 09/04/2019

Cemig Geracao e Transmissao S.A. -- Moody's affirms Cemig's global scale rating of B1; upgrades national scale rating to Baa1.br; outlook changed to positive

  • Moody's America Latina ("Moody's") has affirmed the baseline credit assessment (BCA) and global scale corporate family rating (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) of b1 and B1, respectively. The national scale CFR was upgraded to Baa1.br from Baa2.br.
  • 09/03/2019

Companhia Energetica de Minas Gerais - CEMIG -- Moody's affirms Cemig's global scale rating of B1; upgrades national scale rating to Baa1.br; outlook changed to positive

  • Moody's America Latina ("Moody's") has affirmed the baseline credit assessment (BCA) and global scale corporate family rating (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) of b1 and B1, respectively. The national scale CFR was upgraded to Baa1.br from Baa2.br.
  • 09/03/2019

Cemig privatization plan could pass within six months, CEO says

  • 08/27/2019

Brazil's Cemig considers IPO of its gas distribution unit - exec

  • 08/20/2019

Privatization of Brazilian power co Cemig may be approved this year - CEO

  • Privatization of Brazilian power company Companhia Energetica de Minas Gerais, known as Cemig, may be approved this year, its Chief Executive Officer told journalists on Friday. CEO Cledorvino Belini said in a press conference the government of Minas Gerais expects to send the project to state legislature this month, and have it approved by the end of the year. Belini said the state government may also seek to approve the privatization of other assets.
  • 08/16/2019

Brazil's CPFL Energia eyeing Cemig, CEO says

  • 08/16/2019

Shares of several Brazilian companies are trading higher with the overall strength in the Brazilian market.

  • 08/08/2019

5 Utilities Stocks Moving In Wednesday's After-Market Session

  • 08/01/2019

UPDATE 2-Brazil power firm Light confirms price offering at 18.75 reais per share

  • 07/12/2019

Shares of several Brazilian companies are trading higher after the Brazilian government tried to overhaul pension reform following the pension reform that cleared a critical congressional hurdle last week.

  • 07/10/2019

Shares of several Brazilian companies are trading higher after the government's cornerstone pension reform bill cleared a key congressional hurdle.

  • 07/05/2019

UPDATE 1-Brazil power company Light approves 2 bln reais share offering

  • 07/02/2019

Brazil power company Light approves 2 billion-real share offering

  • 07/02/2019

Shares of several Brazilian companies are trading lower after a Financial Times report highlighted that investors fear the country's economy is in a cycle of fragile growth. Also, the current administration has had scandals brought forth.

  • 06/25/2019

Mid-Day Market Update: Crude Oil Down Over 3%; Abercrombie & Fitch Shares Plunge

  • 05/29/2019

Shares of several Brazilian companies are trading higher potentially in sympathy with Vale after Vale analyst, Timna Tanners, upgraded the company's stock from Neutral to Buy.

  • 05/28/2019

Mid-Afternoon Market Update: Pure Storage Falls On Downbeat Earnings; Ascent Capital Group Shares Climb

  • 05/22/2019

Mid-Day Market Update: Crude Oil Down 2%; Sea Limited Shares Spike Higher

  • 05/22/2019

Shares of several Brazilian stocks are trading higher, but not seeing any news to justify this price action.

  • 05/22/2019

Shares of several Brazilian stocks are trading higher, potentially continuing up after Brazil's Vice President, Hamilton Mourao, went to China over the weekend to further the relations between the two countries and encourage more economic cooperation.

  • 05/21/2019

Shares of several Brazilian companies are trading lower with the broader Brazilian equities market.

  • 05/17/2019

Shares of several Brazilian stocks are trading lower on continued concerns of the Brazilian reform proposal for the pension system.

  • 05/16/2019

Shares of several Brazilian companies are trading higher potentially in relation to Brazil's President, Jair Bolsonaro, signing a decree easing gun imports and ammo limits, which could ease concerns about the political and social balance of powers.

  • 05/08/2019

Shares of several Brazilian companies are trading lower after April composite PMI and services PMI fell from March. The country's markets are also trading lower with international markets on news China may back away from US trade talks.

  • 05/06/2019

Shares of several Brazilian stocks are trading higher after the country's Central Bank on Wednesday reportedly announced it would keep interest rates on hold. Economists polled by Reuters indicated an outlook of neutral to lower rates over next 12 months.

  • 05/03/2019

Shares of several Brazilian companies are trading higher after the country's Economy Minister boosted projected savings from pension reform.

  • 04/25/2019

Shares of several Brazilian companies are trading lower after the Brazilian Economy Ministry reported an unexpected net jobs loss in March.

  • 04/24/2019

Shares of several Brazilian companies are trading higher after a Brazilian party leader said that an agreement has been reached over a pension reform bill.

  • 04/23/2019

Shares of several Brazilian companies are trading lower after the Brazilian government reportedly delayed the vote on pension reform. Anticipation of pension reform has been a major catalyst for Brazilian markets this year.

  • 04/17/2019

After Hours Gainers / Losers

  • 04/15/2019

Shares of several Brazilian companies are trading lower after Brazil's house speaker said pension reform could be approved in May or June. Citi recommended staying on the sidelines in Brazilian assets, avoiding volatility as pension reform is debated.

  • 04/12/2019

Mid-Day Market Update: Global Brass and Copper Gains Following Merger Deal With Wieland-Werke; Helius Medical Technologies Shares Slide

  • 04/10/2019

Mid-Morning Market Update: Markets Mixed; Delta Air Lines Tops Q1 Expectations

  • 04/10/2019

Shares of several Brazilian stocks are trading higher after China said it is willing to seek trade and investment deals with the country.

  • 03/29/2019

Shares of several Brazilian bank stocks trading higher amid overall strength in Brazilian stock market.

  • 03/28/2019

Shares of several Brazilian stocks are trading lower after Brazil's president Jair Bolsonaro ordered the Brazilian Army to commemorate the 55th anniversary of a military coup which resulted in a dictatorship.

  • 03/27/2019

Winning Bounce/Lag Momentum Stocks For Week 2 Of 2019

  • 01/07/2019

Stocks Which Set New 52-Week High Today, Wed., Jan. 2, 2019

  • 01/02/2019

Winning Bounce/Lag Momentum Stocks For Week 1 Of 2019

  • 12/31/2018

Mid-Afternoon Market Update: Dow Tumbles 400 Points; DBV Technologies Shares Plummet

  • 12/20/2018

Stocks Which Set New 52-Week High Yesterday, Mon., Dec. 3, 2018

  • 12/04/2018

Companhia Energtica de Minas Gerais - CEMIG reports Q3 results

  • 11/28/2018

Stocks That Made New 52-Week Highs Friday, October 26th

  • 10/29/2018

Mid-Day Market Update: National Instruments Rises Following Strong Q3 Results; Aquantia Shares Plummet

  • 10/26/2018

Premarket Losers as of 9:05 am (10/17/2018)

  • 10/17/2018

44 Biggest Movers From Yesterday

  • 10/09/2018

Benzinga Pro's Top 8 Most-Searched Tickers For Morning Of Mon., Oct. 8, 2018

  • 10/08/2018

Mid-Afternoon Market Update: SMART Global Jumps Following Strong Q4 Results; Aytu BioScience Shares Slide

  • 10/05/2018

Stocks Which Set New 52-Week Low Friday, September 14

  • 09/17/2018

Stocks Which Set New 52-Week Low Yesterday, September 13th

  • 09/14/2018

Stocks Which Set New 52-Week Low Yesterday, September 11th

  • 09/12/2018

Companhia Energética de Minas Gerais (CIG) Presents At Morgan Stanley LatAm Conference - Slideshow

  • 09/10/2018

Stocks Which Set New 52-Week Low Yesterday, September 4th

  • 09/05/2018

Mid-Day Market Update: NASDAQ Down Over 100 Points; ProQR Therapeutics Shares Surge

  • 09/05/2018

Companhia Energtica de Minas Gerais - CEMIG 2018 Q2 - Results - Earnings Call Slides

  • 08/17/2018

Companhia Energética de Minas Gerais (CIG) Presents At UBS VII LatAm Infrastructure & Industrials Conference - Slideshow

  • 07/31/2018

Latin American Power Generators: Secular Growth And High Yields

  • 07/23/2018

Reuters: Vale-Cemig JV considers Renova wind park purchase

  • 07/17/2018

Low-PE Stocks: Air Lease, Berry Global

  • 07/05/2018

Mid-Afternoon Market Update: NASDAQ Down Over 2.5%; Xerium Technologies Shares Spike Higher

  • 06/25/2018

Reuters Reports Companhia Energetica de Minas Gerais Has Attracted 16 Groups For Sale Of Its Telecom Assets, Plans Will Be To Auction The Assets For A Minimum of ~$96.9M According To Sources

  • 06/15/2018

Companhia Energética de Minas Gerais (CIG) Presents At Citi's 11th Annual Brazil Equity Conference - Slideshow

  • 06/13/2018

New Research: Key Drivers of Growth for Teekay Offshore Partners, Taiwan Semiconductor ...

  • 06/08/2018

Companhia Energética de Minas Gerais (CIG) Investor Presentation - Slideshow

  • 05/30/2018

Premarket Losers as of 9:05 am (5/29/2018)

  • 05/29/2018

Companhia Energtica de Minas Gerais goes ex-dividend tomorrow

  • 05/01/2018

JP Morgan Downgrades Comp En De Mn Cemig ADS American Depositary Shares to Neutral

  • 04/04/2018

Mid-Day Market Update: Dow Falls Over 300 Points; Klondex Mines Shares Spike Higher

  • 03/19/2018

Mid-Morning Market Update: Markets Mostly Lower; Groupon Profit Misses Views

  • 02/14/2018

Leerink Suggests 4 Health Care Plays On Recent Weakness

  • 01/31/2018

Companhia Energética de Minas Gerais (CIG) Presents At Credit Suisse Latin America Investment Conference - Slideshow

  • 01/30/2018

JP Morgan Upgrades Comp En De Mn Cemig ADS American Depositary Shares to Overweight

  • 11/27/2017

Companhia Energtica de Minas Gerais - CEMIG 2017 Q3 - Results - Earnings Call Slides

  • 11/17/2017

Earnings Scheduled For November 14, 2017

  • 11/14/2017

Mid-Day Market Update: 3D Systems Drops After Q3 Miss; Emerge Energy Services Shares Gain

  • 11/01/2017

Banco Classico In Advanced Discussions To Purchase AGC Energia's 20% Voting Stake In CEMIG

  • 09/08/2017

Mid-Day Market Update: RH Surges After Strong Results; Barnes & Noble Shares Slide

  • 09/07/2017

Goldman Sachs Downgrades Comp En De Mn Cemig ADS American Depositary Shares to Sell

  • 07/14/2017

Mid-Day Market Update: NASDAQ Turns Negative; Sparton Shares Spike Higher

  • 06/26/2017

Companhia Energetica (CIG) in Focus: Stock Moves 6.4% Higher

  • 06/23/2017

12 Biggest Mid-Day Gainers For Thursday

  • 06/22/2017

Newfoundland Capital Management Buys Empresa Distribuidora y Comercializadora Norte SA, Grupo ...

  • 06/19/2017

Mid-Afternoon Market Update: Valeant Jumps On iNova Pharma Sale; MidSouth Bancorp Shares Drop

  • 06/08/2017

Mid-Day Market Update: Container Store Climbs On Earnings Beat; Ooma Shares Plummet

  • 05/24/2017

Mid-Day Market Update: Kirkland's Drops After Weak Q1 Results; Helios and Matheson Analytics Shares Surge

  • 05/23/2017

The Stocks of US-Listed Brazil-Based Cos. Seeing Substantial Downside Amid Bribery Allegations Relate to President Temer

  • 05/18/2017

Mid-Day Market Update: Trade Desk Rises After Q1 Results; Capricor Therapeutics Shares Slide

  • 05/12/2017

Bienville Capital Management, LLC Buys WisdomTree Japan Hedged Equity Fund, Intrepid Potash ...

  • 05/08/2017

Mid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates

  • 04/25/2017

Earnings Scheduled For April 10, 2017

  • 04/10/2017

Mid-Afternoon Market Update: Dow Drops 50 Points; TRC Companies Shares Spike Higher

  • 03/31/2017

Mid-Morning Market Update: Markets Mostly Lower; Paychex Profit Tops Views

  • 03/29/2017

Mid-Afternoon Market Update: Dow Falls 50 Points; Micron Shares Jump Following Strong Earnings Report

  • 03/24/2017

Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide

  • 03/20/2017

Hearing Cemig Planning to Sell More Than Half of Its 52% Stake in Light Energia

  • 03/16/2017

Mid-Morning Market Update: Markets Mostly Higher; Childrens Place Profit Tops Estimates

  • 03/08/2017

5 Things Republicans Want To Change About Obamacare But Might Not Be Able To

  • 02/23/2017

Bienville Capital Management, LLC Buys iShares MSCI Brazil Capped Index Fund, Grupo Supervielle ...

  • 02/15/2017

Mid-Day Market Update: Dow Rises Over 100 Points; Vista Outdoor Shares Slide

  • 02/09/2017

Report: $54B merger between Anthem and Cigna blocked by judge

  • 02/08/2017

Mid-Afternoon Market Update: Under Armour Drops On Earnings Miss; Jaguar Animal Health Shares Climb

  • 01/31/2017

Mid-Day Market Update: Naked Brand Gains On Merger News; Uranium Resources Shares Slide

  • 01/13/2017
Unlock
CIG Ratings Summary
CIG Quant Ranking