CEMIG remains a compelling buy after an 18% stock drop, driven by weather and macro factors outside its control. CIG's core strengths include stable cash flow, sector-leading ESG credentials, and a focused investment plan targeting $8.8B from 2026–2030. Valuation is attractive, with a 7.66x EBITDA multiple and potential 30% upside to a $2.84 fair price if normalized to sector medians.
Comp En De Mn Cemig ADS NYSE: CIG, the Brazilian electric utility known as CEMIG, reported first-quarter 2026 EBITDA of BRL 1.79 billion and profit of BRL 979 million, while management highlighted continued investment in distribution, debt profile management and challenges tied to energy price volatility and hydrological risk.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2026 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2025 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG ( CIG ) Q3 2025 Earnings Call November 14, 2025 12:00 PM EST Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo Filho - CEO, President & Member of Executive Board Andrea de Almeida - VP of Finance & Investor Relations and Member of Executive Board Denis Mollica Sergio Cabral - Vice President of Commercialisation and Member of Management Board Conference Call Participants Vitor Sousa Luiza Candiota - Itaú Corretora de Valores S.A., Research Division Presentation Carolina Senna Investor Relations Superintendent Good afternoon, everyone.
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q2 2025 Earnings Conference Call August 18, 2025 1:00 PM ET Company Participants Andrea Marques de Almeida - VP of Finance & Investor Relations and Member of Executive Board Carolina Senna - Corporate Participant Investor Relations Superintendent - Corporate Participant Reynaldo Passanezi Filho - CEO, President & Member of Executive Board Sergio Lopes Cabral - Vice President of Commercialisation and Member of Management Board Conference Call Participants Carolina Carneiro - Unidentified Company Victor Cunha - Unidentified Company Carolina Senna Investor Relations Superintendent Good afternoon, everyone. I am Carolina Senna, Superintendent of Investor Relations at Cemig.
Here is how Cemig (CIG) and MYR Group (MYRG) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q1 2025 Earnings Conference Call May 12, 2025 9:00 AM ET Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo Passanezi Filho - Chief Executive Officer Andrea Marques de Almeida - Chief Financial Officer and Investor Relations Officer Cristiana Maria Fortini Pinto e Silva - Chief Legal Officer Marco da Camino Ancona Lopez Soligo - Chief of Generation and Transmission Officer Sergio Lopes Cabral - Chief Commercialization Officer Marney Tadeu Antunes - Chief Distribution Officer Luis Claudio Correa Villani - Chief Information Officer Conference Call Participants Victor Cunha - Itau BBA Maria Carolina Carneiro - Safra Victor Borin - Genial Investimentos Liliana Yang - HSBC Operator Good afternoon, everyone. Thank you for waiting.
Cemig is the biggest energy distributor of Latin America. Upcoming regulatory changes will end Cemig's privileged market position, shrinking its main captive market segment and opening it up competition. Despite delivering record results, the company is already showing signs of weakness, with lower recurring revenues.
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q4 2024 Results Conference Call March 21, 2024 2:00 PM ET Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo Passanezi Filho - Chief Executive Officer Andrea Marques de Almeida - Chief Financial Officer and Investor Relations Officer Cristiana Maria Fortini Pinto e Silva - Chief Regulatory Officer Marco da Camino Ancona Lopez Soligo - Chief Participation Officer and Generation and Transmission Officer Sergio Lopes Cabral - Chief Commercialization Officer Conference Call Participants Carolina Carneiro - Banco J. Safra Guilherme Lima - Santander Carolina Senna Good afternoon, everyone.