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CIG / Cemig: Great Business But Uncertain Future

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. Read More
Posted: Jul 14 2023, 14:30
Author Name: Seeking Alpha
Views: 092119

CIG News  

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

By Zacks Investment Research
October 16, 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. Neverthe more_horizontal

3 Utility Stocks to Buy for Resisting Market Volatility

By Zacks Investment Research
October 12, 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 mark more_horizontal

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

By Zacks Investment Research
September 29, 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. more_horizontal

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

By Zacks Investment Research
September 22, 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. more_horizontal

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

By Seeking Alpha
August 4, 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 - Sup more_horizontal

Cemig: Great Business But Uncertain Future

By Seeking Alpha
July 14, 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 futur more_horizontal

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

By Seeking Alpha
May 5, 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 - Superin more_horizontal

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

By Seeking Alpha
March 27, 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 Simõe more_horizontal


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