Last $68.80 MXN
Change Today +0.03 / 0.04%
Volume 1.4K
As of 4:08 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

cemig sa -spons adr (CIGN) Snapshot

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52 Week High
07/23/14 - $110.00
52 Week Low
02/18/14 - $63.84
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for CEMIG SA -SPONS ADR (CIGN)

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cemig sa -spons adr (CIGN) Details

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, is engaged in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. As of December 31, 2013, the company generated electricity at 64 hydroelectric plants, 3 thermoelectric plants, and 3 wind farms with a total installed capacity of 7,145.3 megawatts; and owned and operated 13,670 miles of transmission lines and 330,734 miles of distribution lines. It is also involved in the exploration, production, acquisition, transportation, distribution, and sale of natural gas; and the provision of signal transportation and access services for point-to-point and point-to-multipoint applications to telecommunications operators and Internet service providers on a clear channel basis, as well as services related to the sale and trade of electricity in the Brazilian electricity sector. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

7,922 Employees
Last Reported Date: 03/21/14
Founded in 1952

cemig sa -spons adr (CIGN) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

cemig sa -spons adr (CIGN) Key Developments

Duke Energy's Brazilian Operations Reportedly Being Eyed

Duke Energy International, Geração Paranapanema S.A. (BOVESPA:GEPA4) and DEB – Pequenas Centrais Hidrelétricas, both owned by Duke Energy Corporation (NYSE:DUK) have drawn the interest of a number of potential bidders, Mergermarket reported. Potential suitors include Companhia Energética de Minas Gerais S.A. (BOVESPA:CMIG4), Tractebel Energia S.A. (BOVESPA:TBLE3), Companhia Paranaense de Energia (BOVESPA:CPLE6), Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6) and Equatorial Energia S.A. (BOVESPA:EQTL3).

CEMIG Presents at 7th Annual Brazil Opportunities Conference 2014, Dec-04-2014 12:15 PM

CEMIG Presents at 7th Annual Brazil Opportunities Conference 2014, Dec-04-2014 12:15 PM. Venue: Grand Hyatt, São Paulo, Brazil. Speakers: Luiz Fernando Rolla, CFO.

Cemig Reports Earnings Results for the Third Quarter of 2014

Cemig reports earnings results for the third quarter of 2014. For the period, the company reported a 96% year-on-year decline in profit to BRL 29.1 million. The company was hit by delays to the Santo Antonio plant and lower hydroelectric sales due to drought.


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CIGN:MM $68.80 MXN +0.03

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Company Last Change
Abengoa SA €2.26 EUR -0.102
Cia Energetica de Sao Paulo R$26.49 BRL +0.76
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Valuation CIGN Industry Range
Price/Earnings 4.9x
Price/Sales 0.8x
Price/Book 1.1x
Price/Cash Flow 2.6x
TEV/Sales NM Not Meaningful

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