CMS Energy Corporation is an energy company primarily operating in Michigan, engaging in three main segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment focuses on generating, purchasing, transmitting, distributing, and selling electricity from varied sources, including coal, wind, gas, renewable energy, oil, and nuclear. It boasts an extensive distribution system, comprising 208 miles of overhead high-voltage distribution lines, 4 miles of underground high-voltage distribution lines, 4,428 miles of overhead electric distribution lines, 9,395 miles of underground distribution lines, and 1,093 substations among other infrastructure. The company’s stock is identified with the symbol 'CMS' in the market. In its financial operations, the company reported depreciation and amortization expenses of $1,240,000,000.00 reflecting the wear and tear of its assets. Additionally, the operating expenses amount to $6,028,000,000.00 which encompass various operational costs incurred during the fiscal period. A highlight of its financial performance can be seen in the EBITDA ratio of 0.41 underlining operational efficiency. Overall, the total costs and expenses for the company are $6,028,000,000.00 which reflects its comprehensive spending on delivering services. The Gas Utility segment complements this by overseeing the purchase, transmission, storage, distribution, and sale of natural gas, with infrastructure that includes 2,392 miles of transmission lines and 15 gas storage fields. Serving 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial users, the company was incorporated in 1987 and is headquartered in Jackson, Michigan. The stock is reasonably priced at $75.44 appealing to a broad range of investors and demonstrating a high average trading volume of 2,344,433.00 indicating strong liquidity. With a mid-range market capitalization of $22,466,527,650.00 the company is considered a steady performer within the energy sector. It is a key player in the Regulated Electric industry, contributing significantly to the overall market landscape and driving innovation and growth in the Utilities sector.