Cms Energy Corporation · Jackson, MI United States · (NYSE: CMS)
Company Description
Phone: 517-788-0550
Fax: 517-788-1859
Rankings
- #369 in FORTUNE 500
- S&P 500
More Companies in: Jackson, Michigan
More Companies in These Related Industries: Solar Power Plants, Natural Gas Distribution, Natural Gas Pipelines
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This link will open in a new window Michigan consumers rely on CMS Energy. The energy holding company's utility, Consumers Energy , has a generating capacity of 9,600 MW (primarily fossil-fueled) and distributes electricity and natural gas to about 3.5 million customers in Michigan. CMS Enterprises operates the non-utility businesses of CMS Energy, and is a major operator of independent power generating plants; its independent power projects are primarily located in Michigan, but also in California, Connecticut, and North Carolina, and have a gross capacity of 1,200 MW. The company also sells wholesale electricity, natural gas, and other commodities.
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Key Cms Energy Corporation Financials
| Company Type | Public - NYSE: CMS Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,826.0 |
| 2008 Employees | 7,970 |
Cms Energy Corporation Executives
23 executives listed for Cms Energy Corporation's Jackson, MI location.
| Title | Name & Bio | Contact |
| Chairman | Kenneth Whipple | |
| President, CEO, and Director | David Joos | |
| EVP and CFO | Thomas Webb |
Competition
Competitive Landscape for Cms Energy Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Cms Energy Corporation Competitors
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