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Compare · CIG vs EIX

CIG vs EIX

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

Summary

  • Both CIG and EIX operate in Electric Utilities: Central (Utilities), so they compete in similar markets.
  • EIX is the larger of the two at $23.56B, about 6.1x CIG ($3.84B).
  • EIX has been more active in the news (10 items in the past 4 weeks vs 4 for CIG).
  • EIX has more recent analyst coverage (25 ratings vs 6 for CIG).
MetricCIGEIX
Company
Comp En De Mn Cemig
Edison International
Price
$2.58-1.34%
$68.84-2.15%
Market cap
$3.84B
$23.56B
1M return
-
-
1Y return
-
-
Industry
Electric Utilities: Central
Electric Utilities: Central
Exchange
NYSE
NYSE
IPO
News (4w)
4
10
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.

EIX

Edison International

Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. Edison International also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.