Companhia Energética de Minas Gerais (CIG-C) Stock Analysis

What Companhia Energética de Minas Gerais does

Companhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, distribution, and retail of power. As of December 31, 2021, its substantial infrastructure included 70 generating facilities powered by hydroelectric, wind, and solar sources, boasting a combined installed capacity of 5,700 megawatts. The company also maintained an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity operations, CEMIG's diverse ventures encompass the procurement, transportation, and supply of natural gas, along with its by-products and derivatives. It also provides a range of IT services, such as cloud solutions, infrastructure management, and cybersecurity, as well as supplying technology systems for the operational oversight of public service concessions. Additional activities include energy trading, telecommunications services, distributed power generation, customer account handling, cogeneration, initiatives for energy efficiency, and the management of supply and storage. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.

Key metrics

ETFs linked to CIG-C

Broad-market and Utilities sector ETFs an investor holding Companhia Energética de Minas Gerais is often also exposed to. Open an ETF page to see its actual top holdings.

PortView Portfolio Insights

PortView analyzes how CIG-C 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.

Similar companies

Frequently asked questions

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

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

Which exchange is CIG-C listed on?

CIG-C 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-C in a portfolio?

PortView shows CIG-C'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.