Companhia Energética de Minas Gerais (CIG) Stock Analysis

What Companhia Energética de Minas Gerais does

Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity business, the company is active in the gas sector, handling the acquisition, transportation, and distribution of natural gas and its derivatives. Furthermore, CIG offers a diverse range of technology services, including cloud solutions, IT infrastructure and management, cybersecurity, and specialized systems for the operational oversight of public service concessions. Its portfolio extends to energy trading, telecommunications services, distributed generation initiatives, client account services, cogeneration projects, energy efficiency programs, and comprehensive supply and storage management. Established in 1952, Companhia Energética de Minas Gerais maintains its corporate headquarters in Belo Horizonte, Brazil.

Key metrics

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PortView Portfolio Insights

PortView analyzes how CIG fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Frequently asked questions

What is the ticker symbol for Companhia Energética de Minas Gerais?

Companhia Energética de Minas Gerais trades under the ticker CIG on NYSE.

Which exchange is CIG listed on?

CIG is listed on NYSE.

What sector does Companhia Energética de Minas Gerais operate in?

Companhia Energética de Minas Gerais is classified in the Utilities sector (Regulated Electric industry).

How can PortView help analyze CIG in a portfolio?

PortView shows CIG's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.