AI Score
Our AI model analyzes fundamental, technical, and statistical indicators
to predict the probability of a bullish trend over the next three months.
We regularly update and refine our models to deliver the most reliable forecasts
for you.
Bullish Probability | Sentiment | Score |
---|---|---|
+80% | Strong Buy | 10 |
+75% | Buy | 9 |
+70% | Buy | 8 |
+60% | Buy | 7 |
+50% | Hold | 6 |
+45% | Hold | 5 |
+40% | Hold | 4 |
+35% | Sell | 3 |
+30% | Sell | 2 |
+20% | Strong Sell | 1 |
Company Description
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.
As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines.
It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities.
The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
Country | BR |
IPO Date | Jun 12, 2007 |
Industry | Diversified Utilities |
Sector | Utilities |
Employees | 4,918 |
CEO | Reynaldo Passanezi Filho |
Contact Details
Address: Avenida Barbacena, 1200 Belo Horizonte, MG BR | |
Website | https://www.cemig.com.br |
Stock Details
Ticker Symbol | CIG-C |
Exchange | NYSE |
Fiscal Year | January - December |
Reporting Currency | USD |
CIK Code | 0001157557 |
CUSIP Number | 204409882 |
ISIN Number | US2044098828 |
Employer ID | 00-0000000 |
SIC Code | 4911 |
Key Executives
Name | Position |
---|---|
Reynaldo Passanezi Filho | Chief Executive Officer, President & Member of Executive Board |
Cristiana Maria Fortini Pinto e Silva | Vice President of Legal Affairs, Regulatory & Legal Director and Member of Management Board |
Cristiana Miglio Kumaria Pereira | Deputy Director of Corporate Communication & Sustainability |
Daniel Perrelli Lanca | Deputy Director of Compliance, Corporate Risks & Internal Controls |
Dimas Costa | Chief Trading Officer & Member of Executive Board |
Leonardo Felipe Mesquita | Accounting Manager |
Leonardo George de Magalhães | Chief Officer for Finance & Investor Relations and Member of Executive Board |
Marco Da Camino Ancona Lopez Soligo | Executive Dir-CemigPar and Cemig Generation and Transmission, Vice President-Equity Holdings & Member of Exec. Board |
Marney Tadeu Antunes | Chief Distribution Officer & Member of Executive Board |
Paulo Eduardo Pereira Guimarães | Head of Corporate Finance |
Latest SEC Filings
Date | Type | Title |
---|---|---|
Dec 18, 2024 | 6-K | Filing |
Nov 14, 2024 | 6-K | Filing |
Oct 10, 2024 | 6-K | Filing |
Jul 18, 2024 | 6-K | Filing |
Apr 30, 2024 | 20-F | Filing |
Apr 16, 2024 | 6-K | Filing |
Jan 10, 2024 | 6-K | Filing |
Dec 01, 2023 | 6-K | Filing |
Sep 12, 2023 | 6-K | Filing |
Jul 27, 2023 | 20-F/A | [Amend] Filing |