CMS Energy Corp (CMS) News & EventsCMSCMS Energy Corp

Consumers Energy Upgrades Natural Gas System This Summer, Replacing 149 Miles of Pipeline

Consumers Energy is upgrading its statewide natural gas system this summer, with crews replacing 149 miles of existing pipeline across Michigan communities. The ongoing construction work is replacing existing cast iron and steel pipelines, some of which are about a century old. Over 600 Consumers Energy employees and contractors are performing the work. Consumers Energy is carrying out a majority of the work in these communities: Southeast Michigan - 14 miles in Livonia, 14 miles in Mount Clemens, 10 miles in Warren, 7 miles in Pontiac, 6 miles in Bloomfield, and 6 miles in Troy; Bay Region - 18 miles in Saginaw, 12 miles in Lapeer, 12 miles in Owosso, 8 miles in Bay City Kalamazoo - 14 miles; Lansing - 12 miles; Alma - 11 miles. Consumers Energy is also continuing to make progress on its Four Cities Metro Pipeline in Oakland and Macomb counties, a replacement of a major regional pipeline that will continue through this decade. Consumers Energy is performing this work as part of its Natural Gas Delivery Plan, ensuring its system remains safe while costing the typical household about $3 a day. Consumers Energy is wholly owned by CMS Energy Corporation.

CMS Energy Reports Q2 Revenue of $1.83B, Exceeds Expectations

Reports Q2 revenue $1.83B, consensus $1.71B. The company said, "CMS Energy also announced the completion of a strategic review at NorthStar Clean Energy, and with Board approval, the company is exiting non-utility renewables development and retaining Michigan-based assets, including Dearborn Industrial Generation. This will simplify the business, reduce financing needs, and allow the company to focus more fully on providing regulated energy services."

CMS Energy Reaffirms 2026 Adjusted EPS Guidance of $3.83 to $3.90

The company said, "CMS Energy reaffirmed its 2026 adjusted earnings guidance of $3.83 to $3.90 per share and long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end."