Companhia Energetica de Minas Gerais Cemig (CIG.N)
9.47USD
1:30am IST
$0.06 (+0.64%)
$9.41
$9.44
$9.58
$9.39
452,572
757,344
$17.69
$8.92
CIG.N
About
Overall
| Beta: | 0.80 |
| Market Cap (Mil.): | $9,058.06 |
| Shares Outstanding (Mil.): | 962.67 |
| Dividend: | 0.31 |
| Yield (%): | 27.31 |
Financials
| CIG.N | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 4.57 | 29.74 | 25.23 |
| EPS (TTM): | 2.06 | -- | -- |
| ROI: | 16.65 | 1.16 | 3.02 |
| ROE: | 35.92 | -6.96 | -1.00 |
Brazil power utility Cemig posts $428.4 mln in 1st-qtr profit
* Generation and distribution revenues up from previous year
STXNEWS LATAM-Brazil regulator releases payment to electricity distributors
Brazil's power regulator Aneel on Thursday authorized the release of nearly 2 billion reais ($1 billion) from the government's Energy Development Fund, known as CDE, to electricity distributors who are struggling with higher spot energy prices due to greater use of thermoelectric power.
STXNEWS LATAM-Cemig expects renewal of 3 dams under prior rules
Cia Energética de Minas Gerais SA, Brazil's third-largest power utility, is confident that it has the legal right to renew licenses of three hydropower dams under terms prior to last year's government decision to cut electricity rates, an executive said on Wednesday. Maria Celeste Guimarães, chief legal officer at Cemig, as the company is known, said the company is prepared to go to courts to fight for the renewal under conditions prior to a law last year that tied the renewal of generation and
EMERGING MARKETS-Brazil power utilities lead stocks lower
* Regulator cuts value of Cemig asset base compensation * Move reignites concerns of state influence on industry * Brazil Bovespa falls 0.26 pct, Mexico IPC up 0.36 pct By Asher Levine SAO PAULO, March 20 - Brazilian stocks fell on Wednesday, led by shares in power utilities after a rate-related ruling on one company drove fears about a wider impact in the industry. Brazil's benchmark Bovespa index fell for the sixth session in seven, losing 0.26 percent to 56,215.
Competitors
| Price | Change | |
|---|---|---|
| Endesa SA (ELE.MC) | €17.33 | +0.29 |
| EDP - Energias de Portugal SA (EDP.LS) | €2.55 | +0.01 |
| Enersis S.A. (ENE.SN) | -- | -- |
| Companhia Paranaense de Energia - COPEL (CPLE6.SA) | R$ 33.52 | +0.44 |
| Companhia Paranaense de Energia - COPEL (CPLE3.SA) | R$ 27.17 | +0.17 |
| Companhia Paranaense de Energia - COPEL (CPLE5.SA) | R$ 37.48 | 0.00 |
| Empresa Nacional de Electricidad S.A. (END.SN) | -- | -- |
| CESP - Companhia Energetica de Sao Paulo (CESP6.SA) | R$ 20.40 | +0.49 |
| CESP - Companhia Energetica de Sao Paulo (CESP3.SA) | R$ 16.97 | -0.01 |
| CESP - Companhia Energetica de Sao Paulo (CESP5.SA) | R$ 22.90 | +0.01 |
Earnings vs. 
Estimates
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