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Comp En De Mn Cemig(CIG)

Description: Companhia Energética de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. As of December 31, 2012, the company generated electricity at 59 hydroelectric plants, 3 thermoelectric plants, and 3 wind farms; had a total installed capacity of 7,038 megawatts; owned and operated 13,670 miles of transmission lines; and owned and operated 308,466 miles of distribution lines, through which it supplied electricity to approximately 7.5 million end-consumers. It also acquires, transports, distributes, and sells natural gas; engages in the exploration and production of crude oil and natural gas; provides signal transportation and access services for point-to-point and point-to-multipoint applications, primarily to telecommunications operators and Internet service providers on a clear channel basis; offers services related to the sale and trading of electricity in the Brazilian electricity sector; engages in the implementation and management of systems for electricity sector companies; and engages in the national and international consulting business that provides energy solutions to governments and public utility companies in the electricity industry. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.


Keywords: Natural Gas Electricity Crude Oil Energy Solutions Internet Service Provider Wind Farm Electric Energy Telecommunications Operators Public Utility Offers Services Electricity Sector

Home Page: www.cemig.com.br

CIG Technical Analysis

Avenida Barbacena, 1200
Belo Horizonte, MG 30190-131
Brazil
Phone: 55 31 3506 5024


Officers

Name Title
Mr. Reynaldo Passanezi Filho CEO, Pres & Member of Exec. Board
Mr. Leonardo George de Magalhães Chief Officer for Fin. & Investor Relations and Member of Exec. Board
Mr. Dimas Costa Chief Commercial Officer & Member of Exec. Board
Mr. Marney Tadeu Antunes Chief Distribution Officer & Member of Exec. Board
Thadeu Carneiro da Silva Chief Generation & Transmission Officer & Member of Exec. Board
Mr. Marco Da Camino Ancona Lopez Soligo Exec. Director of CemigPar & Member of Exec. Board
Leonardo Felipe Mesquita Accounting Mang.
Mr. Paulo Eduardo Pereira Guimarães Head of Corp. Fin.
Henrique Motta Pinto Regulatory & Legal Director
Claudio Costa Bianchini Deputy Director of Corp. Communication & Sustainability

Exchange: NYSE

Country: US

Currency: US Dollar ($)

GIC Sector: Utilities
GIC Group: Utilities
GIC Industry: Electric Utilities
GIC Sub-Industry: Electric Utilities
Forward PE: 7.9302
Trailing PE: 12.4412
Price-to-Book MRQ: 1.1335
Price-to-Sales TTM: 0.1563
IPO Date: 1996-11-18
Fiscal Year End: December
Full Time Employees: 5025
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