With a market cap of $20.8 billion, CMS Energy Corporation (CMS) is a Michigan-based energy company operating through three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The company generates, distributes, and sells electricity from diverse sources while also providing natural gas through an extensive network of transmission, storage, and distribution infrastructure.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and CMS Energy fits this criterion perfectly. Serving approximately 1.9 million electric and 1.8 million gas customers, CMS Energy also develops and operates renewable energy projects through NorthStar Clean Energy.
