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Compare · CIG vs DTE

CIG vs DTE

Side-by-side comparison of Comp En De Mn Cemig (CIG) and DTE Energy Company (DTE): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CIG and DTE operate in Electric Utilities: Central (Utilities), so they compete in similar markets.
  • DTE is the larger of the two at $23.29B, about 6.1x CIG ($3.84B).
  • CIG has been more active in the news (4 items in the past 4 weeks vs 3 for DTE).
  • DTE has more recent analyst coverage (25 ratings vs 6 for CIG).
MetricCIGDTE
Company
Comp En De Mn Cemig
DTE Energy Company
Price
$2.58-1.34%
$146.91-0.35%
Market cap
$3.84B
$23.29B
1M return
+7.71%
-
1Y return
+37.14%
-
Industry
Electric Utilities: Central
Electric Utilities: Central
Exchange
NYSE
NYSE
IPO
News (4w)
4
3
Recent ratings
6
25
CIG

Comp En De Mn Cemig

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

DTE

DTE Energy Company

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 445,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,308,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems, and compression and surface facilities, as well as has ownership interests in interstate pipelines serving the Gulf Coast, Midwest, Ontario, and northeast markets. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. It also owns and operates 5 renewable generating plants with a capacity of 139 MWs; 22 gas recovery sites; and 10 reduced emissions fuel facilities. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.