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CMS Energy (CMS) has an average rating of overweight and mean price target of $80.85, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Energy stocks advanced late Wednesday afternoon with the NYSE Energy Sector Index rising 1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.7%.The Philadelphia Oil Service Sector Index was little changed, and the Dow Jones US Utilities Index shed 0.3%.Crude oil futures rose as Iran struck Gulf nations Kuwait and Bahrain with missiles amid faltering diplomacy with Washington, the Wall Street Journal reported. Kuwait came under a barrage of ballistic missiles and drones on Wednesday that shut its international airport, killed one person, and injured dozens more, the report said.West Texas Intermediate crude oil climbed 2.2% to $95.80 a barrel, and global benchmark Brent rose 1.8% to $97.74 a barrel. Henry Hub natural gas futures increased 2.2% to $3.24 per 1 million BTU.In corporate news, Xcel Energy's (XEL) Colorado utility unit reached a non-unanimous settlement agreement in its electric rate case before the Colorado Public Utilities Commission, and the company reaffirmed its 2026 EPS guidance of $4.04 to $4.16. The stock declined 1%.JinkoSolar (JKS) will enter the data-center business, supplying power directly from its plants to meet growing AI-driven demand, Nikkei Asia reported. JinkoSolar shares fell 0.9%.CMS Energy (CMS) said Wednesday that it has appointed Sri Maddipati as executive vice president and chief financial officer of the company and its primary business Consumers Energy. CMS Energy shares were down 2.1%.Obsidian Energy (OBE) agreed to acquire Belly River light oil assets in the Wilson Creek area of Willesden Green from Highwood Asset Management for an unadjusted purchase price of 105 million Canadian dollars ($75.8 million). Obsidian shares fell 1.1%.
CMS Energy (CMS) said Wednesday that it has appointed Sri Maddipati as executive vice president and chief financial officer of the company and its primary business Consumers Energy, effective today.Maddipati is currently Consumers Energy's senior vice president and president of electric supply, according to a statement.Rejji Hayes is retiring as executive vice president and chief financial officer, CMS Energy said.Additionally, Chris Fultz, vice president of low voltage distribution at Consumers Energy, will become the new senior vice president and president of electric supply, CMS Energy added.Price: $71.42, Change: $-0.43, Percent Change: -0.61%
The US Department of Energy said on Monday that Energy Secretary Chris Wright has renewed a previously-issued emergency order to prevent a coal-fired power plant in Michigan from ceasing operations.The JH Campbell plant in West Olive, Michigan, owned by CMS Energy (CMS) unit Consumers Energy, was slated to shutdown on May 31 last year, according to a statement from the Department.The plant was originally instructed on May 23, one week before that, to keep operating via an emergency order from Wright, with subsequent extensions issued throughout 2025 and early 2026.The new emergency order will keep the plant operating through Aug. 16. The order directs the Midcontinent Independent System Operator, in coordination with Consumers Energy, to ensure that the plant remains available to operateThe order has been issued to "address critical grid reliability issues in the Midwest heading into the summer months," the statement said.In 2025, more than 17 GW of coal-powered electricity generation was prevented from shutting down by the Trump administration, it added.Separately, the DOE on Monday approved the deployment of backup generation resources to help limit blackouts in the Mid-Atlantic region resulting from a heatwave and an increase in elevated transmission and generation outages linked to seasonal maintenance.The emergency order, which follows a request from PJM Interconnection on May 17, allows the regional transmission organization to deploy backup generation resources at data centers and other major facilities.The order also authorizes PJM to tap into its transmission owners and electric distribution companies to implement the order as needed, the department said in a separate statement.The order is effective from Monday through Wednesday.Over 35-gigawatts of unused backup generation remains available nationwide, according to the statement.
The US National Weather Service said most of the areas falling under the northern Great Plains are expected to experience elevated to critical fire weather conditions, including gusty winds and low relative humidity on Tuesday.Meanwhile, parts of central Plains stretching northeastward into the Midwest could potentially experience isolated severe thunderstorms with strong wind gusts and hail during the day, while the eastern Florida peninsula may encounter additional storms capable of damaging winds.The NWS early Tuesday issued a red flag warning for Colorado's Craig, Rangely, Meeker, Montrose and Nucla. The primary service providers in the state are Xcel Energy (XEL) and Black Hills' (BKH) Black Hills Energy.A similar warning was raised for Nebraska's Holdrege, Kearney, Lexington, Grand Island, Broken Bow, Ord, Burwell, and Norfolk. A large part of Nebraska is covered by the regional transmission organization Southwest Power Pool, with Midcontinent ISO also serving some areas.In Kansas, where Evergy (EVRG) is among the major electricity service providers, a warning for fire weather conditions was raised for Phillipsburg and Hill City.Areas placed under a red flag warning in South Dakota included Yankton, Vermillion, Lake Andes, Michelle, Chamberlain, Sioux Falls, Brookings, Huron, Mobridge, Aberdeen, Sisseton, Redfield, Miller, Pierre, and Murdo. Xcel Energy, Northwestern Energy (NWE), Black Hills Energy, MDU Resources (MDU) unit Montana-Dakota Utilities and Otter Tail's (OTTR) Otter Tail Power are among the major electric service providers in the state.A red flag warning was also issued for North Dakota's Bottineau, Minot, Rugby, Ashley, Bismarck, Jamestown, Harvey, Devil's Lake, Fargo, and Lisbon. The state is primarily served by Xcel Energy, Montana-Dakota Utilities, and Otter Tail Power.In Minnesota, a similar warning was raised for Marshall, Pipestone, Windom, Worthington, Morris, Willmar, and Mankato. The main service providers in the state are Otter Tail Power, Allette (ALE) subsidiary Minnesota Power, Xcel Energy and Alliant Energy (LNT).Also covered under a red flag warning watch were Iowa's Spencer, Storm Lake, and Sioux City, primarily served by Berkshire Hathaway Energy unit MidAmerican Energy and Alliant Energy.Meanwhile, an extreme heat warning was issued for Gila Bend in Arizona.The NWS issued a freeze warning for Michigan's Petoskey, Manistee, Tawas City, Rogers City, Gaylord, Alpena, Mio, Houghton Lake, Cadillac, Ludington, Pentwater, Big Rapids, Mount Pleasant, Saginaw, Bad Axe, and Port Huron. These places are primarily served by CMS Energy (CMS) unit Consumers Energy and DTE Energy (DTE).In New York, a freeze warning was issued for Jamestown, Wellsville, Elmira, Ithaca, Buffalo, Niagara Falls, Dunsville, Fulton, Watertown, Utica, Binghamton, Monticello, Oneonta, Hunter, Herkimer, Ogdensberg, Massena, Malone, and Old Forge. National Grid (NGG), Avangrid (AGR) unit New York State Electric & Gas, and Fortis subsidiary Central Hudson Gas & Electric are the major service providers in these areas.Also covered under a freeze warning watching were Pennsylvania's Erie, Meadville, Bradford, Dubois, Johnstown, Altoona, Lockhaven, Williamsport, Butler, Clarion, and Indiana. The state is primarily served by Exelon (EXC) unit PECO Energy, PPL (PPL) subsidiary PPL Electric Utilities, Duquesne Light Company and FirstEnergy (FE) through its various subsidiaries.A freeze warning was also issued for Ashtabula and Youngstown in Ohio; Bennington, Rutland, Springfield, Burlington, and Montpelier in Vermont; Lebanon in New Hampshire; Oakland and Cumberland in Maryland; Monterey in Virginia; and Elins and Snowshoe in West Virginia.The NWS also issued flood warnings for small pockets of Texas, Missouri, Louisiana, Mississippi, and Washington.
The US National Weather Service on Friday said the Southern Plains and Gulf Coast states may encounter heavy rainfall and severe thunderstorms through the weekend, while parts of the West may experience above average temperatures that will peak early next week.The NWS issued a red flag warning for Montana's Plentywood, Glasgow, Circle, Sidney, Glendive, and Terry, primarily served by MDU Resources' (MDU) Montana-Dakota Utilities.The weather service posted a freeze warning for Michigan's Rogers City, Petoskey, Alpena, Gaylord, Mio, Houghton Lake, Cadillac, and Tawas City, within the service zone of CMS Energy's (CMS) Consumers Energy.In West Virginia, the agency placed Elkins and Snowshoe under the same warning. FirstEnergy (FE) subsidiary Mon Power is the main service provider in these cities.The NWS issued a flood warning for areas near Washington's Winthrop, served by Puget Sound Energy, and Mississippi's Hattiesburg, within the service zone of Southern Co. (SO) subsidiary Mississippi Power.In Illinois, the weather service issued a similar warning for places near Canton, Havana, Olney, and Salem, primarily served by Ameren's (AEE) Illinois unit.In Indiana, the agency issued the same warning for areas nearby Terre Haute, Vincennes, Petersburg, and Seymour, mainly served by Duke Energy (DUK).
The US National Weather Service on Thursday said eastern Texas into the lower Mississippi and Tennessee Valleys may encounter strong to severe thunderstorms that may produce tornadoes, wind gusts, large hail, and rainfall.The NWS issued a severe thunderstorm warning for Mississippi's Hattiesburg and a flash flood warning for Georgia's Columbus. Southern Co. (SO) subsidiaries Mississippi Power and Georgia Power, respectively, serve these cities.In Florida, the agency posted a red flag warning for Jacksonville, Gainesville, Ocala, Daytona Beach, Wildwood, Deltona, Sanford, Leesburg, Orlando, Titusville, Melbourne, and Palm Bay. Duke Energy (DUK) and NextEra Energy (NEE) unit Florida Power & Light are the main service providers in these cities.The weather service placed some parts of New Mexico under a freeze warning. These cities, primarily served by Xcel Energy (XEL) and TXNM Energy's (TXNM) PNM, include Farmington, Gallup, Raton, Clayton, Roy, Las Vegas, Los Alamos, Santa Fe, Albuquerque, and Moriarty.In Texas, areas under the same warning include Dalhart and Perryton, within the service zone of Xcel Energy. The warning extends to nearby Oklahoma cities, Beaver, Guymon, and Boise City.The NWS also posted a freeze warning for areas in Colorado, including Craig, Meeker, Rangely, Rifle, Kremmling, Vail, Montrose, Nucla, Cortez, Durango, Pagosa Springs, Fort Collins, Greeley, Boulder, Fort Morgan, Akron, Wray, Flagler, Cheyenne Wells, Sterling, Julesburg, Denver, Deer Trail, Castle Rock, Limon, Colorado Springs, Canon City, Pueblo, Ordway, Eads, La Junta, Lamar, La Veta Pass, Trinidad, Kim, and Springfield. The state's main electricity providers are Xcel Energy and Black Hills' (BKH) energy unit.Utah's Duchesne, Manti, and Nephi, where PacifiCorp's Rocky Mountain Power is the primary utility provider, were also under the same warning.In Kansas, the weather service issued a similar warning for St. Francis, Goodland, Colby, Oakley, Tribune, Scott City, Garden City, Ulysses, and Liberal. Evergy (EVRG) mainly serves the state.In Nebraska, the agency posted the same warning for Oshkosh, Arthur, Tryon, Stapleton, North Platte, Ogallala, Chappell, Grant, Imperial, Stockville, and McCook.The NWS placed some parts of Michigan under a similar warning, including Rogers City, Petoskey, Gaylord, Alpena, Mio, Traverse City, Houghton Lake, Cadillac, Manistee, Tawas City, Ludington, Pentwater, Big Rapids, Clare, and Mount Pleasant. Consumers Energy, a subsidiary of CMS Energy (CMS), mainly serves these cities.The agency posted a flood warning for Michigan's Petoskey, Mississippi's Hattiesburg, and areas near Washington's Winthrop, served by Puget Sound Energy.Wisconsin's Janesville, within the service zone of Alliant Energy (LNT), and Arkansas' Searcy, within the service area of Entergy's (ETR) Arkansas unit, were under the same warning.In Illinois, the weather service issued a similar warning for places near Canton, Havana, Carlinville, Olney, and Carmi, primarily served by Ameren's (AEE) Illinois unit.In Indiana, the NWS issued the same warning for areas nearby Crawfordsville, Terre Haute, Vincennes, Petersburg, and Seymour, where Duke Energy is the main electricity provider.
The US National Weather Service on Wednesday said areas across Texas to the southern Appalachians may experience severe thunderstorms, while the central Rockies may encounter a snowstorm.Thunderstorms could bring winds of hazardous speeds, hail, tornadoes and flooding to the affected areas. A snowstorm, meanwhile, could down trees, disrupt travel and result in power outages.The NWS issued a severe thunderstorm warning for Arkansas' Hot Springs and Arkadelphia. The state's main electricity providers are Entergy's (ETR) Arkansas unit and American Electric Power's (AEP) Southwestern Electric Power.The agency posted a winter storm warning for parts of Colorado, including Fort Collins, Steamboat Springs, Granby, Boulder, Georgetown, Vail, Denver, Castle Rock, Fairplay, Woodland Park, Pikes Peak, Colorado Springs, Westcliffe, La Veta Pass, and San Luis. The primary service providers in the state are Xcel Energy (XEL) and Black Hills' (BKH) Black Hills Energy.In Wyoming, where PacifiCorp's Rocky Mountain Power and Black Hills Energy are the main electric providers, cities under the same warning include Medicine Bow, Elk Mountain, Bosler, Laramie, Pine Bluffs, Cheyenne, Centennial, and Saratoga.The weather service also placed some parts of the state under a freeze warning. These cities include Cody, Greybull, Worland, Buffalo, Thermopolis, Riverton, Lander, and Casper.In Idaho, the agency posted a similar warning for Rexburg, Rigby, Arco, Idaho Falls, Blackfoot, and Pocatello, primarily served by Rocky Mountain Power and Idacorp (IDA) subsidiary Idaho Power.Colorado cities under the same warning are Craig, Meeker, Rangely, Rifle, Grand Junction, Montrose, Cortez, Durango, Pagosa Springs, Julesburg, Sterling, Greeley, Fort Morgan, Akron, Deer Trail, Limon, Colorado Springs, Canon City, Pueblo, Ordway, Eads, Lamar, La Junta, Springfield, Kim, Trinidad, and La Veta Pass.The NWS also issued a freeze warning for Utah's Logan and Duchesne, within the service zone of Rocky Mountain Power.Texas' Dalhart, mainly served by Xcel Energy, and Oklahoma's Boise City, were under the same warning.In Kansas, the agency posted a similar warning for St. Francis, Goodland, Tribune, and Ulysses. Evergy (EVRG) primarily serves the state.The weather service issued the same warning for Nebraska's Oshkosh, Arthur, Tryon, Stapleton, North Platte, Ogallala, Grant, Imperial, Stockville, and Chappell.In South Dakota, the NWS posted a freeze warning for Huron, Chamberlain, Mitchell, Brookings, and Sioux Falls, primarily served by Otter Tail's (OTTR) power unit, Xcel Energy, and NorthWestern Energy (NWE).Minnesota cities under the same warning include Fergus Falls, Brainerd, Hinckley, St. Cloud, Morris, Willmar, Marshall, and Worthington. Otter Tail Power, Allette (ALE) subsidiary Minnesota Power, Xcel Energy, and Alliant Energy (LNT) are the main electricity providers in the state.In Wisconsin, the agency posted a similar warning for Rice Lake, Eau Claire, Neillsville, Whitehall, La Crosse, Wisconsin Dells, and Marshfield. The state's primary service providers are Xcel Energy, Alliant Energy, MGE Energy's (MGEE) Madison Gas and Electric, and WEC Energy (WEC) subsidiaries, Wisconsin Public Service and We Energies.In Michigan, the weather service issued the same warning for Rogers City, Petoskey, Gaylord, Alpena, Mio, Traverse City, Houghton Lake, Cadillac, Big Rapids, Clare, and Tawas City, within the service zone of CMS Energy (CMS) subsidiary Consumers Energy.The NWS posted a flood warning for Arkansas's Searcy, Tennessee's Memphis, and areas near Washington's Winthrop, served by Puget Sound Energy.In Illinois, places close to Canton, Havana, Jacksonville, Carlinville, and Olney, primarily served by Ameren's (AEE) Illinois unit, were under the same warning.The agency issued a similar warning for some areas in Indiana, including Muncie, Seymour, and Vincennes, where Duke Energy (DUK) and CenterPoint Energy (CNP) are the main service providers.The weather service also placed Michigan's Petoskey, Wisconsin's Janesville, and Minnesota's Ely under the same warning.In Arkansas, the NWS issued a flash flood warning for Hot Springs and Little Rock.
The US National Weather Service on Monday said portions of the mid-Mississippi Valley and the Florida peninsula may experience thunderstorms, while the Northern Plains through western Minnesota will likely see elevated fire weather risk.Storms may bring hail and gusty winds in the mid-Mississippi Valley and isolated flash flooding in Florida.The NWS issued a winter storm warning for Colorado's Fort Collins, Steamboat Springs, Granby, and Boulder. Xcel Energy (XEL) and Black Hills' (BKH) Black Hills Energy are the main electricity providers in the state.The weather service posted a flood warning for areas near Washington's Winthrop, served by Puget Sound Energy.A similar warning was issued for places near Minnesota's Ely and Grand Marais, within the service zone of Allette (ALE) subsidiary Minnesota Power.In Wisconsin, the agency placed areas near Janesville, Madison, and Beaver Dam under the same warning. Alliant Energy (LNT) mainly serves these cities.Michigan's Petoskey, primarily served by CMS Energy's (CMS) Consumers Energy, was under the same warning.The weather service also issued a flood warning for Illinois' Waukegan, Aurora, Canton, Havana, Jacksonville, Carlinville, Olney, Carmi, and Carbondale. The main electricity providers in these areas are Ameren's (AEE) Illinois unit, Exelon's (EXC) ComEd, and Berkshire Hathaway Energy's (BRK.B) MidAmerican Energy.It posted a similar warning for Indiana's Terre Haute, Vincennes, Petersburg, and Seymour, primarily served by Duke Energy (DUK).The agency issued the same warning for Missouri's Cape Girardeau, within the service zone of Ameren's Missouri unit, and Arkansas' Searcy, mainly served by Entergy's (ETR) Arkansas unit.Texas' George West and Victoria, primarily served by American Electric Power's (AEP) Texas unit, were also under a similar warning.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target by $1 to $87, 22.0x our next-12-month EPS estimate, above peers and CMS's three-year historical average of 18.4x. We trim both our 2026 and 2027 EPS views by $0.02 to $3.88 and $4.17, respectively. CMS posted Q1 adjusted EPS growth of 10.8%. CMS announced that two hyperscaler data centers had reached commercial agreement on contract terms and signed 110 MW of new load in Q1 alone (exceeding all of 2025's signings), with expected load coming online starting in 2028, all incremental to the current plan. Each 1 GW of new load provides $2B-$5B in capital investment opportunities while reducing average customer rate growth by ~2%. We think CMS offers competitive near-term EPS (~7.6% 2025-2028 CAGR) and dividend growth trajectories (~5.8%). In our view, Michigan is one of the most supportive regulatory districts in the country, with CMS's most recent electric rate case outcome highlighting regulatory willingness to support prudent investments through multiple recovery mechanisms.
The US National Weather Service on Friday said central Texas through the central Gulf Coast will experience heavy to excessive rainfall due to a storm on Friday, with effects extending to the southeast of the US the following day.The agency cautioned that excessive rainfall may result in flash and urban flooding, although this could provide some reprieve to the current drought.The NWS issued a severe thunderstorm warning for the Texas towns of Hallettsville, Gonzales, New Braunfels, George West, Cotulla, Pearsall, Uvalde, and Austin, within the service zone of American Electric Power's (AEP) Texas unit.It posted a winter storm warning for New Mexico's Taos, Raton, Los Alamos, Santa Fe, and Las Vegas, primarily served by TXNM Energy (TXNM) subsidiary PNM.In Colorado, the agency issued the same warning for Woodland Park, Pikes Peak, Salida, Canon City, Westcliffe, La Veta Pass, San Luis, and Trinidad.Meanwhile, it placed some parts of the state under a freeze warning, including Craig, Steamboat Springs, Meeker, Rangely, Vail, Rifle, Aspen, Cortez, Durango, and Pagosa Springs.Xcel Energy (XEL) and Black Hills' (BKH) Black Hills Energy are the main service providers in Colorado.In Utah, where PacifiCorp's Rocky Mountain Power is the primary electricity provider, the NWS issued a freeze warning for Logan, Brigham City, Duchesne, Nephi, Delta, Manti, Richfield, Milford, Cedar City, and Bryce Canyon National Park.The weather service placed Idaho's Rexburg, Rigby, Arco, Idaho Falls, Blackfoot, and Pocatello under a similar warning. Rocky Mountain Power and Idacorp (IDA) subsidiary Idaho Power mainly serve these cities.It posted the same warning for parts of Wisconsin, spanning Race Lake, Eau Claire, Wausau, Neillsville, Whitehall, Marshfield, La Crosse, Wisconsin Dells, Stevens Point, Sheboygan, Beaver Dam, Milwaukee, Madison, Janesville, and Mineral Point.The state's main electricity providers are Xcel Energy, Alliant Energy (LNT), MGE Energy's (MGEE) Madison Gas and Electric, and WEC Energy (WEC) subsidiaries, Wisconsin Public Service and We Energies.Minnesota's Hinckley, within the service zone of Xcel Energy, was also under the same warning.The agency also posted a freeze warning for Michigan's Petoskey, Rogers City, Alpena, Gaylord, Mio, Traverse City, Houghton Lake, Cadillac, Tawas City, Clare, and Big Rapids. The state's main service providers are CMS Energy's (CMS) Consumers Energy, Upper Peninsula Power, Xcel Energy, and WEC Energy subsidiaries, Upper Michigan Energy Resources and We Energies.It placed Pennsylvania's Bradford and Dubois under the same warning. FirstEnergy (FE) units, Penelec and West Penn Power, are the major service providers in these cities.In West Virginia, the weather service issued a similar warning for Elkins, Franklin, and Snowhoe, primarily served by FirstEnergy's Mon Power. Virginia's Monterey, within the service zone of Dominion Energy (D) was also under the same warning.The NWS issued a flood warning for areas near Washington's Winthrop, served by Puget Sound Energy, and for places close to Minnesota's Ely and Grand Marais, served by Allette (ALE) subsidiary Minnesota Power.It posted a similar warning for cities near Michigan's Marquette, Iron Mountain, Newberry, and Petoskey, and parts of Wisconsin's Green Bay, Appleton, Beaver Dam, Madison, and Janesville.In Illinois, the agency issued the same warning for parts of Waukegan, Aurora, Canton, Havana, Jacksonville, Vandalia, Olney, Chester and Quincy. The main electricity providers in these areas are Ameren's (AEE) Illinois unit, Exelon's (EXC) ComEd, and Berkshire Hathaway Energy's (BRK.B) MidAmerican Energy.Areas near Missouri's St. Louis, Cape Girardeau, Jefferson City, Nevada, Boonville, and Butler were under a similar warning. Evergy (EVRG), Algonquin Power & Utilities' (AQN) Liberty, and Ameren's Missouri unit mainly serve these cities.In Indiana, the NWS posted a flood warning for parts of Terre Haute, Crawfordsville, Seymour, and Vincennes, primarily served by Duke Energy (DUK).Arkansas' Searcy and Mississippi's Columbus were under a similar warning. Entergy (ETR) mainly serves these areas through its dedicated units.In Alabama, the agency issued the same warning for areas near Demopolis and Monroeville, within the service zone of Southern Co. (SO) subsidiary Alabama Power.The weather service also placed Louisiana's Hammond, within Entergy's service zone, under the same warning.
CMS Energy (CMS) has an average rating of overweight and mean price target of $83.23, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $75.06, Change: $-0.86, Percent Change: -1.13%
CMS Energy (CMS) has an average rating of overweight and mean price target of $83.23, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $75.10, Change: $-0.82, Percent Change: -1.08%
CMS Energy (CMS) has an average rating of overweight and mean price target of $83.23, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $75.10, Change: $-0.82, Percent Change: -1.08%
CMS Energy (CMS) reported Q1 earnings Tuesday, with total electric deliveries at 10,497 million kilowatt-hours, down from 10,967 million kWh a year ago.The company delivered 155.7 Bcf of gas for the quarter ended Mar. 31, up from 153.7 Bcf a year earlier, it said.CMS delivered 3,220 million kWh to residential customers, up from 3,205 million kWh a year ago, while commercial deliveries reached 2,844 million kWh, compared with 2,911 million kWh a year earlier.The company supplied 2,219 million kWh to industrial customers, rising from 2,041 million kWh a year ago.CMS delivered 73.55 Bcf of gas to residential customers in the quarter, up from 72.60 Bcf a year earlier, while commercial deliveries increased to 28.78 Bcf from 28.15 Bcf.The company reported industrial gas deliveries of 3.85 Bcf, down from 3.99 Bcf a year earlier.CMS Energy is expanding its clean energy pipeline with about 8 gigawatts of solar and 2.8 GW of wind capacity additions, the company said.The company is advancing projects totaling about 660 MW tied to data centers and industrial demand, including 450 MW already online and additional capacity under development, it said.CMS Energy has built a development pipeline of about 9 GW, including 4 GW to 5 GW in advanced stages and 1 GW to 2 GW in final stages, it said.The company plans to invest $24 billion from 2026 to 2030, up $4 billion from the prior plan, allocating about 36% to electric generation, 36% to electric distribution and other, and 28% to gas utility, it said.Price: $75.46, Change: $-0.59, Percent Change: -0.78%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CMS Energy delivered solid Q1 2026 results with adjusted EPS of $1.13 (+10.8% Y/Y, +2.7% vs. consensus), led by the favorable rate recovery and renewable investments, offset by weather normalization. Management expressed confidence in the high end of 2026 EPS guidance of $3.83-$3.90. We see EPS growth as competitive with midpoint growth of ~7.2% slightly above the peer average of 7.0%, benefiting from Michigan's supportive regulatory framework, including the recent rate case approval of ~66% of its final ask ($217M approved vs. $328M requested). CMS's economic development pipeline remains robust at ~9 GW, with ~110 MW signed year-to-date across semiconductors, data centers, and manufacturing. We like the end market diversification, providing insulation from potential data center delays. The enhanced five-year capital plan of $24B (raised by $4B in Q4) supports a 10.5% rate base CAGR through 2030, positioning CMS for sustained growth toward the high end of its 6%-8% long-term EPS growth target.
The US National Weather Service on Sunday said parts of the southern High Plains will see critical fire weather concerns due to strong wind and very dry conditions, while the Central and Southern Plains may experience severe thunderstorms.Damaging winds, large hail, and strong tornadoes may also occur along with thunderstorms, which will likely impact the Mississippi Valley on Monday.The NWS issued a red flag warning early Monday for parts of Texas, including Dalhart, Dumas, Borger, Pampa, Amarillo, Hereford, Clarendon, Canadian, Childress, Guthrie, Dimmitt, Plainview, Littlefield, Morton, Lubbock, Post, Matador, and Aspermont. The cities are within the service zones of Xcel Energy (XEL), American Electric Power (AEP)'s Texas unit, and Sempra Energy (SRE) subsidiary Oncor.In New Mexico, the agency posted a similar warning for Raton, Clayton, Roy, Las Vegas, Santa Fe, Moriarty, Santa Rosa, Tucumcari, Clovis, Portales, Ruidoso, Cloudcroft, Alamogordo, and Orogrande, where Xcel Energy and TXNM Energy's (TXNM) PNM are the main service providers.The NWS issued severe thunderstorm and flash flood warnings for parts of Kansas and Missouri. Evergy (EVRG) and Algonquin Power & Utilities' (AQN) Liberty both serve the two states, while Ameren (AEE) is also serving Missouri through its dedicated unit.In Kansas, Topeka, Lawrence, and Leavenworth were placed under a severe thunderstorm warning, along with Missouri's Plattsburg, Chillicothe, Carrollton, Kansas City, Poplar Bluff, and Farmington.Meanwhile, a flash flood warning was issued for parts of Manhattan, Topeka, Lawrence and Leavenworth in Kansas, and for areas around Joplin, Lebanon, and Rolla in Missouri.The agency posted a freeze warning for Idaho's Rexburg, Rigby, Arco, Idaho Falls, Blackfoot, Pocatello, Shoshone, and Burley, within the service areas of Idacorp's (IDA) Idaho Power and PacifiCorp's Rocky Mountain Power.The NWS issued a flood warning for areas near Washington's Winthrop, served by Puget Sound Energy, and cities close to Kansas' Paola, Missouri's Nevada Chillicothe, Warrensburg, Boonville, Harrisonville, Clinton, and Butler.Parts of Illinois under the same warning include Waukegan, Rockford, Aurora, Clinton, Canton, Havana, Quincy, and Jacksonville. The main electricity providers in these areas are Ameren's Illinois unit, Exelon's (EXC) ComEd, and Berkshire Hathaway Energy's (BRK.B) MidAmerican Energy.The agency also posted a similar warning for areas near Iowa's Clinton, Davenport, Burlington, and Keokuk, mainly served by Alliant Energy (LNT).In Wisconsin, areas near Appleton, Beaver Dam, Madison, Kenosha, and Janesville, were placed under a similar warning. The state's main electricity providers are Xcel Energy, Alliant Energy, MGE Energy's (MGEE) Madison Gas and Electric, and WEC Energy (WEC) subsidiaries, Wisconsin Public Service and We Energies.In Michigan, areas under the same warning include parts of Petoskey, Manistee, Kalamazoo, Houghton, Marquette, Iron Mountain, Menominee, and Newberry, primarily served by CMS Energy's (CMS) Consumers Energy, Upper Peninsula Power, Xcel Energy, and WEC Energy subsidiaries, Upper Michigan Energy Resources and We Energies.
CMS Energy (CMS) has an average rating of overweight and mean price target of $83.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $75.98, Change: $+0.39, Percent Change: +0.52%
The US National Weather Service on Wednesday said a Pacific storm system will continue to impact much of the West and the Sierra-Nevada, bringing rain and mountain snow across the regions.Resulting strong winds in the Intermountain West, Rockies, and Plains may lead to critical fire weather conditions in the High Plains.The NWS issued a winter storm warning early Wednesday for parts of California, including Lassen National Park, Chester, Red Bluff, Corning, Quincy, Paradise, Oroville, Blue Canyon, Grass Valley, Placerville, Jackson, Murphys, Sonora, Mariposa, Oakhurst, Fresno, Selma, Visalia, Tulare, and Porterville. The cities' main service providers are Algonquin Power & Utilities' (AQN) Liberty, PG&E's (PCG) Pacific Gas and Electric Co., and Edison International's (EIX) Southern California Edison.A similar warning was posted for Montana's West Yellowstone, Red Lodge, Livingston, Bozeman and Dillon. The state's electricity providers are NorthWestern Energy (NWE) and MDU Resources' (MDU) Montana-Dakota Utilities.In Utah, a freeze warning was issued for Duchesne, Price, Nephi, Delta, Manti, Richfield, Milford, Cedar City, and Bryce Canyon National Park, within the service area of PacifiCorp's Rocky Mountain Power.The agency issued a high wind warning for areas near Montana's Dillon and Bozeman, and for Nevada's Ely and Eureka, primarily served by Berkshire Hathaway Energy (BRK.B) subsidiary NV Energy.In Wyoming, a similar warning was posted for Bill, Glenrock, Douglas, Glendo, Torrington, Wheatland, Chugwater, Pine Bluffs, Cheyenne, Laramie, Bosler, Centennial, Elk Mountain, Saratoga, Rawlins, Baggs, Muddy Gap, Shirley Basin, and Medicine Bow. Black Hills' (BKH) Black Hills Energy and Rocky Mountain Power are the main service providers in the state.In Colorado, where Xcel Energy (XEL) and Black Hills Energy are the main electricity providers, Saguache, South Fork, and Alamosa were issued the same warning.The NWS posted a red flag warning for other cities in Colorado, including Fort Collins, Greeley, Fort Morgan, Akron, Sterling, Julesburg, Boulder, Georgetown, Denver, Deer Trail, Castle Rock, Limon, Woodland Park, Colorado Springs, Pikes Peak, Leadville, Fairplay, Aspen, Buena Vista, Salida, Canon City, Pueblo, Westcliffe, La Veta Pass, San Luis, Trinidad, Ordway, Eads, La Junta, Lamar, Kim, Springfield, Rangely, Meeker, and Craig.Other parts of Wyoming were also placed under the same warning, including Cody, Greybull, Buffalo, Gillette, Worland, Thermopolis, Riverton, Lander, Dubois, Casper, Rock Springs, Lance Creek, Lusk, Newcastle, Wright, Moorcroft, Sundance, Hulett, Douglas, and Glendo.In New Mexico, a similar warning was posted for Raton, Clayton, Roy, Taos, Los Alamos, Santa Fe, Las Vegas, Moriarty, Santa Rosa, Tucumcari, Clovis, and Portales, primarily served by Xcel Energy and TXNM Energy's (TXNM) PNM.Arizona's Page, Kayenta, Chinle, Grand Canyon Village, Winslow, Flagstaff, St. Johns, and Show Low were issued the same warning. Pinnacle West Capital (PNW) subsidiary Arizona Public Service primarily serves these cities.Texas' Dalhart, Dumas, Amarillo, and Hereford, within the service area of Xcel Energy, were placed under the same warning.The agency also issued a red flag warning for Boise City and Guymon in Oklahoma, where OGE Energy's (OGE) Oklahoma Gas & Electric and American Electric Power's (AEP) Public Service Co. of Oklahoma are the main service providers.In Kansas, the same warning was posted for Oberlin, St. Francis, Goodland, Colby, Oakley, Tribune, Scott City, Garden City, Ulysses, and Liberal. Evergy (EVRG) and Liberty are the major electricity providers in the state.In Nebraska, cities under a similar warning include Harrison, Chadron, Alliance, Scottsbluff, Bridgeport, Harrisburg, Kimball, Sidney, Rushville, Oshkosh, Chappell, Valentine, Mullen, Hyannis, Thedford, Arthur, Tryon, Stapleton, Ogallala, Grant, North Platte, Imperial, Stockville, Springview, Ainsworth, Butte, ONeill, Burwell, Brewster, Broken Bow, Kearney, Holdrege, Imperial, and McCook.The whole of South Dakota, excluding Buffalo, was issued the same warning. The main service providers in the state are Montana-Dakota Utilities, Xcel Energy, Black Hills Energy, NorthWestern Energy, and Otter Tail's (OTTR) power unit.In North Dakota, a red flag warning was posted for Crosby, Williston, Beulah, Dickinson, Bowman, Elgin, Bimsmarck, Ashley, and Lisbon, mainly served by Montana-Dakota Utilities, Otter Tail Power, and Xcel Energy.Montana's Plentywood, Glasgow, Malta, Jordan, Winnett, Circle, Sidney, Glendive, Terry, and Miles City were also placed under the same warning.In Minnesota, cities issued a similar warning were Fergus Falls, Detroit Lakes, Bemidji, Hibbing, Brainerd, Hinckley, Morris, St. Cloud, Willmar, Minneapolis, Mankato, Marshall, Pipestone, Worthington, Windom, Albert Lea, and Austin. Otter Tail Power, Allette (ALE) subsidiary Minnesota Power, Xcel Energy, and Alliant Energy (LNT) are the major service providers in the state.The NWS issued a flood warning for areas near Washington's Winthrop, served by Puget Sound Energy, and cities close to Missouri's Nevada, within Evergy's service zone.The same warning was posted for parts of Illinois' Waukegan, Rockford, Freeport, Aurora, Dixon, Clinton, Ottawa, Canton, Havana, Quincy, Carlinville, and Chester. The main electricity providers in these areas are Ameren's (AEE) Illinois unit, Exelon's (EXC) ComEd, and Berkshire Hathaway Energy's MidAmerican Energy.In Wisconsin, areas near Appleton, Wisconsin Dells, Beaver Dam, Kenosha, and Janesville, were placed under a similar warning. The state's main electricity providers are Xcel Energy, Alliant Energy, MGE Energy's (MGEE) Madison Gas and Electric, and WEC Energy (WEC) subsidiaries, Wisconsin Public Service and We Energies.In Michigan, areas under the same warning include parts of Petoskey, Traverse City, Houghton Lake, Cadillac, Manistee, Muskegon, Big Rapids, Grand Rapids, Kalamazoo, Houghton, Marquette, Escanaba, Iron Mountain, Menominee, and Newberry. The state is primarily served by CMS Energy's (CMS) Consumers Energy, Upper Peninsula Power, Xcel Energy, and WEC Energy subsidiaries, Upper Michigan Energy Resources and We Energies.A similar warning was posted for areas near Ohio's Defiance, within the service zone of FirstEnergy's (FE) Toledo Edison, and cities close to Indiana's Fort Wayne, Angola, and Plymouth, mainly served by NiSource's (NI) Northern Indiana Public Service Co.Areas near Iowa's Clinton, Davenport, Burlington, and Keokuk, mainly served by Alliant Energy, were also placed under the same warning.
The US National Weather Service on Tuesday said much of the West Coast will likely experience strong winds and rain, while the Sierra-Nevada may encounter mountain snow through Wednesday, due to a Pacific storm system.Meanwhile, the Mid-South and Southeast will remain under fire weather conditions, brought about by gusty winds and dry weather.The NWS issued a winter storm warning early Tuesday for parts of California, including Lassen National Park, Chester, Red Bluff, Corning, Quincy, Paradise, Oroville, Blue Canyon, Grass Valley, Placerville, Jackson, Murphys, Sonora, Mariposa, Oakhurst, Fresno, Selma, Visalia, Tulare, and Porterville. The cities' main service providers are Algonquin Power & Utilities' (AQN) Liberty, PG&E's (PCG) Pacific Gas and Electric Co., and Edison International's (EIX) Southern California Edison.A high wind warning was posted for California's Death Valley and Nevada's Austin, Eureka, Ely, Tonopah, and Beatty. Berkshire Hathaway Energy (BRK.B) subsidiary NV Energy primarily serves the Nevada area.The agency issued a red flag warning for Colorado's Craig, Rangely, Meeker, Fort Collins, Greeley, Fort Morgan, Sterling, Julesburg, Akron, Boulder, Denver, Georgetown, Castle Rock, Deer Trail, Limon, Colorado Springs, Fairplay, Aspen, Buena Vista, Canon City, Saguache, Pueblo, Ordway, Eads, Lamar, La Junta, Westcliffe, South Fork, La Veta Pass, Alamosa, San Luis, Trinidad, Kim, and Springfield. The state's major electric providers are Xcel Energy (XEL) and Black Hills' (BKH) Black Hills Energy.In Wyoming, a similar warning was posted for Bill, Lance Creek, Lusk, Glenrock, Douglas, Glendo, Torrington, Wheatland, Chugwater, Pine Bluffs, and Cheyenne, primarily served by Black Hills Energy and PacifiCorp's Rocky Mountain Power.In Nebraska, Chadron, Harrison, Alliance, Scottsbluff, Bridgeport, Harrisburg, Kimball, and Sidney were placed under the same warning.Parts of Florida, including Jacksonville, Lake City, Gainesville, Ocala, Daytona Beach, Cedar Key, Crystal River, Wildwood, Brooksville, Orlando, Lakeland, New Port Richey, Clearwater Beach, Tampa, Bartow, Melbourne, Wauchula, Bradenton, Sarasota, Sebring, Arcadia, Fort Pierce, Punta Gorda, and Fort Myers, were also issued a red flag warning. NextEra Energy (NEE) unit Florida Power & Light, Duke Energy (DUK), and Emera subsidiary Tampa Electric are the major electricity providers in the state.The NWS issued a freeze warning for the whole of Virginia, excluding Monterey, and most of Maryland, except Oakland and Cumberland. Virginia is within the service areas of Dominion Energy (D) and American Electric Power's (AEP) Appalachian Power, while Maryland is mainly served by FirstEnergy (FE) subsidiary Potomac Edison and Exelon's (EXC) Pepco, BGE, and Delmarva Power.In West Virginia, a similar warning was posted for Morgantown, Fairmont, Clarksburg, Elkins, Parkersburg, Sutton, Huntington, Charleston, Snowshoe, Beckley, Lewisburg, and Bluefield, primarily served by Appalachian Power and First Energy subsidiaries, Mon Power and Potomac Edison.The states of Delaware and New Jersey were placed under the same warning. Delmarva Power primarily serves Delaware, while FirstEnergy's Jersey Central Power & Light, Public Service Enterprise's (PEG) Electric and Gas Co., Exelon's Atlantic City Electric, and Consolidated Edison's (ED) Orange and Rockland serve New Jersey.The agency also issued a freeze warning for most of Pennsylvania, excluding Scranton. The state's main service providers are Duquesne Light, PPL's (PPL) Electric Utilities unit, UGI's (UGI) Utilities unit, Exelon's Peco, First Energy units, Penelec, Penn Power, West Penn Power, and Met-Ed.In Connecticut, Danbury, Stanford, Bridgeport, New Haven, Middletown, and New London were issued the same warning. Eversource Energy (ES), PPL's Rhode Island Energy, and Avangrid's (AGR) The United Illuminating Co. mainly serve these areas.New York's Middletown, Newburgh, Peekskill, Islip, Riverhead, and Montauk, were under the same warning. The cities' main service providers are Public Service Enterprise's Long Island unit, Consolidated Edison's Co. of New York and Orange and Rockland, and Avangrid units, Rochester Gas and Electric and New York State Electric & Gas.In Ohio, a similar warning was posted for Sandusky, Elyria, Cleveland, Ashtabula, Youngstown, Canton, New Philadelphia, Mansfield, Findlay, Zanesville, Columbus, New Lexington, and Jackson. The state's main electricity providers are AES' (AES) Ohio unit, American Electric Power's Ohio unit, Duke Energy, and First Energy subsidiaries, Ohio Edison, Toledo Edison and Illuminating Co.Kentucky's Morehead, West Liberty, Jackson, Pikeville, Hazard, Corbin, London, and Middlesboro were under the same warning. The cities' main service providers are American Electric Power's Kentucky Power and PPL's LG&E and KU Energy.North Carolina's Boone, Mount Airy, Winston-Salem, Roxboro, Henderson, and Roanoke Rapids, within Duke Energy's and Dominion Energy's service zones, were also issued a similar warning.The NWS issued a flood warning for areas near Washington's Winthrop, served by Puget Sound Energy, and near Texas' San Antonio and Karnes City, served by American Electric Power's Texas unit.A similar warning was posted for areas near Ohio's Defiance and cities close to Indiana's Fort Wayne, Angola, and Plymouth, mainly served by NiSource's (NI) Northern Indiana Public Service Co.The same warning was issued for parts of Illinois' Waukegan, Rockford, Freeport, Aurora, Dixon, Clinton, Ottawa, Peoria, Pekin, Canton, Havana, Carbondale, Quincy, Carlinville, and Chester. The main electricity providers in these areas are Ameren's (AEE) Illinois unit, Exelon's ComEd, and Berkshire Hathaway Energy's MidAmerican Energy.Missouri's Nevada, mainly served by Liberty, and areas near Iowa's Clinton, Davenport, Burlington, Iowa City, and Cedar Rapids, within the service area of Alliant Energy (LNT) and MidAmerican Energy, were placed under the same warning.In Michigan, areas under the same warning include parts of Petoskey, Rogers City, Traverse City, Houghton Lake, Cadillac, Manistee, Big Rapids, Muskegon, Grand Rapids, Saginaw, Ionia, Kalamazoo, Houghton, Marquette, Escanaba, Iron Mountain, and Menominee. The state is primarily served by CMS Energy's (CMS) Consumers Energy, Upper Peninsula Power, Xcel Energy, and WEC Energy (WEC) subsidiaries, Upper Michigan Energy Resources and We Energies.In Wisconsin, areas near Appleton, Wisconsin Dells, Prairie Du Chien, Beaver Dam, Milwaukee, Kenosha, and Janesville were issued a similar warning. The state's main electricity providers are Xcel Energy, Alliant Energy, MGE Energy's (MGEE) Madison Gas and Electric, and WEC Energy subsidiaries, Wisconsin Public Service and We Energies.
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