CMS 8-K Current Reports

CMS ENERGY CORP - 604 current reports

Showing 1-50 of 604 filings
8-KEarnings & ResultsRegulation FDExhibits & Filings
Jul 28, 2026

CMS ENERGY CORP 8-K Report, Financial Results (Jul 28, 2026)

CMS Energy Corporation (CMS) has filed an 8-K report on July 28, 2026, to announce its second quarter 2026 financial results. The report primarily references a furnished news release (Exhibit 99.1) and a presentation (Exhibit 99.2) which contain the detailed financial information and outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically 'adjusted earnings,' which management considers a key indicator of operating performance and uses for external communications. A reconciliation of these non-GAAP measures to GAAP figures is provided, with adjustments potentially including items like discontinued operations, asset sales, impairments, and regulatory items. The company emphasizes that these adjusted figures are supplemental and not a substitute for reported GAAP earnings. CMS Energy has also scheduled a webcast for July 28, 2026, at 10:00 a.m. ET, to discuss these results and provide a business and financial outlook. The webcast details and presentation will be available on the company's investor relations website. It's important for investors to be aware that information furnished in this 8-K, including the exhibits, is not considered 'filed' for Section 18 purposes and thus does not carry the same liability. The company also highlights its practice of routinely posting important information on its website, particularly in the Investor Relations section.

8-KLeadership ChangesRegulation FDExhibits & Filings
Jun 3, 2026

CMS ENERGY CORP 8-K Report, Executive Changes (Jun 3, 2026)

CMS Energy Corp (CMS) has announced a significant leadership transition with the retirement of Rejji P. Hayes as Executive Vice President and Chief Financial Officer (CFO) for both CMS Energy and Consumers Energy, effective June 3, 2026. Succeeding Hayes is Srikanth (Sri) Maddipati, who brings extensive experience within CMS Energy, having served in various finance and operational roles since 2014, including treasurer and vice president of electric supply. Maddipati's prior experience at Goldman Sachs further strengthens his financial acumen for this critical role. This appointment is effective immediately and is accompanied by a new compensation package for Maddipati. In addition to the CFO change, CMS Energy has reaffirmed its financial guidance provided on April 28, 2026, as of June 3, 2026. While this report primarily details personnel changes, the reaffirmation of guidance suggests continued confidence in the company's financial outlook by current management. Investors should monitor the upcoming earnings reports for performance against this reaffirmed guidance, especially in light of the new CFO's leadership.

8-KOther EventsExhibits & Filings
May 13, 2026

CMS ENERGY CORP 8-K Report, Corporate Update (May 13, 2026)

CMS Energy Corporation has announced the commencement of an equity offering program with the potential to raise up to $3 billion in aggregate sales price for its common stock. This program, detailed in a prospectus supplement filed on May 13, 2026, allows CMS Energy to offer and sell shares over time as determined by market conditions, stock price, and funding needs. The company has entered into an equity distribution agreement with a consortium of prominent financial institutions acting as agents and forward purchasers. While CMS Energy has the flexibility to sell shares to raise capital, it is important to note that the company is not obligated to sell any shares and actual sales will depend on various factors. The structure of the offering involves forward sale agreements, where initial proceeds from borrowed shares will not go directly to CMS Energy. The company expects to receive cash proceeds upon physically settling these forward sale agreements, but may elect to cash or net share settle, potentially resulting in no cash proceeds or even an obligation to deliver cash or shares.

8-KShareholder MattersCorporate ChangesExhibits & Filings
May 13, 2026

CMS ENERGY CORP 8-K Report, Bylaw Amendment (May 13, 2026)

CMS Energy Corporation (CMS) filed an 8-K on May 13, 2026, reporting the outcomes of its 2026 annual shareholder meeting held on May 8, 2026. The most significant outcomes for investors revolve around governance and capital structure. Shareholders approved amendments to the Restated Articles of Incorporation, notably increasing the authorized shares of common stock from 350 million to 700 million and granting shareholders the ability to call a special meeting. These changes provide the company with increased flexibility for future capital raising and strategic initiatives. Additionally, all incumbent directors for both CMS Energy and its subsidiary Consumers Energy were re-elected. The company's executive compensation plan received advisory approval from shareholders, and PricewaterhouseCoopers LLP was ratified as the independent auditor for both entities for the fiscal year ending December 31, 2026. A shareholder proposal to allow for action by written consent did not pass.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Apr 28, 2026

CMS ENERGY CORP 8-K Report, Financial Results (Apr 28, 2026)

CMS Energy Corporation (CMS) has filed an 8-K report on April 28, 2026, to announce its first quarter 2026 financial results. The filing primarily consists of a news release (Exhibit 99.1) detailing these results and a presentation (Exhibit 99.2) to be discussed on a webcast. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," which management considers a key indicator of operational performance and is used for external communications. While these adjusted figures are provided with reconciliations to GAAP measures, the company does not provide earnings guidance on a GAAP basis due to the unpredictability of certain items. The webcast, scheduled for the same day as the filing, will offer further insights into the company's financial performance and future outlook.

8-KLeadership ChangesExhibits & Filings
Feb 20, 2026

CMS ENERGY CORP 8-K Report, Executive Changes (Feb 20, 2026)

CMS Energy Corp. (CMS) announced on February 20, 2026, significant changes to its Boards of Directors for both the parent company and its principal subsidiary, Consumers Energy Company. The company elected two new directors, Diane Leopold and Richard P. Keyes, expanding the board size from nine to eleven members. These appointments aim to enhance the board's expertise, with Leopold bringing extensive experience from Dominion Energy, Inc., and Keyes contributing leadership insights from Meijer, Inc. Leopold and Keyes are expected to contribute to key committees, with Leopold joining the Compensation and Human Resources Committee and the Finance Committee, while Keyes will serve on the Audit Committee and Governance, Sustainability and Public Responsibility Committee. Their compensation will be in line with existing non-employee director arrangements, including restricted stock grants. These additions signal a strategic move by CMS Energy to leverage external expertise to support its ongoing governance and strategic initiatives.

8-KOther EventsExhibits & Filings
Feb 11, 2026

CMS ENERGY CORP 8-K Report, Corporate Update (Feb 11, 2026)

CMS Energy Corporation (CMS) has filed an 8-K to report on its ongoing equity offering program. The company announced the filing of an updated prospectus supplement, indicating that approximately $492.3 million worth of common stock remains available for sale under its existing $1 billion program. This offering allows CMS Energy to sell shares opportunistically based on market conditions, stock trading prices, and funding needs, providing financial flexibility.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Feb 5, 2026

CMS ENERGY CORP 8-K Report, Financial Results (Feb 5, 2026)

CMS Energy Corporation (CMS) filed an 8-K on February 5, 2026, to announce its 2025 financial results. The report primarily incorporates by reference a news release and a presentation that provide details on the company's performance and future outlook. Investors should note that the company utilizes "adjusted earnings" as a key performance metric, which excludes various items that can significantly impact GAAP net income. A reconciliation of these non-GAAP measures to their GAAP equivalents is provided, offering transparency into management's view of operational performance.

8-KMaterial AgreementsOther EventsExhibits & Filings
Nov 21, 2025

CMS ENERGY CORP 8-K Report, Material Agreement (Nov 21, 2025)

CMS Energy Corporation and its subsidiary Consumers Energy Company have significantly strengthened their liquidity positions through the amendment and restatement of multiple revolving credit facilities. On November 21, 2025, CMS Energy increased its unsecured revolving credit facility by $200 million to $750 million, with a five-year term extending to November 21, 2030, plus extension options. Simultaneously, Consumers Energy amended and restated its primary $1.1 billion secured revolving credit facility, also with a five-year term, and entered into a new $300 million secured revolving credit facility with a three-year term. These actions enhance financial flexibility, providing ample resources for general corporate purposes and working capital, and signal continued confidence from a consortium of major financial institutions.

8-KFinancial EventsSecurities & ListingExhibits & Filings
Nov 6, 2025

CMS ENERGY CORP 8-K Report, Financial Obligation (Nov 6, 2025)

CMS Energy Corporation (CMS) has filed an 8-K report detailing the successful sale of $1.15 billion in aggregate principal amount of 3.125% Convertible Senior Notes due 2031. This offering, which included the full exercise of an over-allotment option, was conducted as a private placement to qualified institutional buyers under Rule 144A, generating significant capital for the company. The notes bear a fixed interest rate of 3.125% and mature on May 1, 2031, with semiannual interest payments. This move by CMS Energy provides a substantial influx of long-term debt financing, which may be used for general corporate purposes and to strengthen its balance sheet or fund strategic initiatives. Investors should note the convertible nature of the notes, which allows for potential conversion into cash or a combination of cash and CMS Energy common stock, offering upside participation.

8-KOther EventsExhibits & Filings
Nov 4, 2025

CMS ENERGY CORP 8-K Report, Corporate Update (Nov 4, 2025)

CMS Energy Corporation (CMS) has announced the pricing and upsize of a private placement for its 3.125% Convertible Senior Notes due 2031. The company will issue $850 million in aggregate principal amount, with an option for initial purchasers to acquire an additional $150 million, bringing the potential total to $1 billion. This offering is a significant financing event that will impact the company's capital structure and future interest expenses. Investors should note that these are convertible senior notes, meaning they can be converted into shares of CMS Energy's common stock under certain conditions. The terms of the conversion, along with the coupon rate of 3.125%, are key details for evaluating the attractiveness of this debt issuance. The upsized nature of the offering suggests strong investor demand and potentially a positive outlook from the market regarding CMS Energy's financial health.

8-KOther EventsExhibits & Filings
Nov 3, 2025

CMS ENERGY CORP 8-K Report, Corporate Update (Nov 3, 2025)

CMS Energy Corporation has announced the launch of a private placement for $750 million in Convertible Senior Notes due 2031. This financing move indicates the company's strategy to potentially raise capital while offering debt instruments with equity conversion features. Investors should note that the details of the terms and conditions of these notes, including the conversion price and interest rate, are crucial for understanding their potential impact on the company's capital structure and future equity dilution. The issuance of convertible notes can be a strategic financial tool for companies like CMS Energy, allowing them to access funds at potentially lower interest rates compared to traditional debt, with the added benefit of equity conversion if the stock price performs well. This filing serves as a notification of the intent to issue these notes, with further details expected to be disclosed in associated offering documents.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Oct 30, 2025

CMS ENERGY CORP 8-K Report, Financial Results (Oct 30, 2025)

CMS Energy Corporation (CMS) filed an 8-K on October 30, 2025, to announce its third-quarter 2025 financial results. The report primarily directs investors to an attached news release (Exhibit 99.1) and a presentation (Exhibit 99.2) for detailed information. These documents will contain the company's operating performance, financial condition, and outlook. Investors should pay close attention to the earnings guidance and any non-GAAP financial measures presented, as CMS Energy uses adjusted earnings as a key performance indicator for external communications. The company will also host a webcast on the same day to discuss these results and provide a business and financial outlook, which will be available on their website. Investors are advised to review the materials furnished in the 8-K, particularly the news release and presentation, for the most current information regarding CMS Energy's performance and future prospects.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Jul 31, 2025

CMS ENERGY CORP 8-K Report, Financial Results (Jul 31, 2025)

CMS Energy Corporation (CMS) filed an 8-K on July 31, 2025, to announce its second quarter 2025 results. The report primarily references a furnished news release (Exhibit 99.1) and a presentation (Exhibit 99.2) which contain the detailed financial results and outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," for reporting performance. While a reconciliation to GAAP is provided for historical periods, forward-looking earnings guidance does not include a reconciliation due to the unpredictable nature of certain potential adjustments. The company also announced a webcast to discuss these results and its business and financial outlook, scheduled for the same day. Investors are encouraged to review the accompanying news release and presentation for specific financial figures and management's commentary on performance and future expectations. CMS Energy emphasizes that information shared in this 8-K, including exhibits, is furnished and not deemed "filed" under Section 18 of the Exchange Act.

8-KOther EventsExhibits & Filings
Jun 18, 2025

CMS ENERGY CORP 8-K Report, Corporate Update (Jun 18, 2025)

CMS Energy Corporation (CMS) has filed an 8-K detailing the early results and pricing of its previously announced cash tender offer for its subsidiary, Consumers Energy Company's, mortgage bonds. The company announced it would increase the maximum principal amount it intended to purchase (Aggregate Tender Cap) from $125,000,000 to $147,095,000. This increase includes the 2.50% First Mortgage Bonds due 2060 and other specified series of mortgage bonds. Investors should note that as CMS Energy expects to purchase Securities up to the full Aggregate Tender Cap, the tender offer is effectively concluded for new tenders after the early settlement date of June 23, 2025. This action signifies a debt management strategy, potentially aimed at refinancing or optimizing the company's debt structure at favorable terms.

8-KLeadership Changes
Jun 6, 2025

CMS ENERGY CORP 8-K Report, Executive Changes (Jun 6, 2025)

CMS Energy Corporation (CMS) and its subsidiary Consumers Energy Company have filed an 8-K report primarily announcing the retirement of a long-serving director. Kurt Darrow, a board member since 2013, has chosen to step down from both the CMS Energy and Consumers Energy Boards of Directors, effective July 1, 2025. The company explicitly states that this retirement is personal and not a result of any disputes or disagreements with management or the company's operations. Darrow's departure marks the end of his eleven-year tenure on the boards. While this filing is limited in scope, it provides transparency regarding changes in board composition. Investors will want to note the reason for the departure being personal, which suggests no underlying governance or operational concerns. The company has expressed gratitude for Darrow's service, indicating a smooth transition. The report also includes standard procedural information and exhibit index details.

8-KOther EventsExhibits & Filings
Jun 4, 2025

CMS ENERGY CORP 8-K Report, Corporate Update (Jun 4, 2025)

CMS Energy Corporation (CMS), through its subsidiary Consumers Energy Company, announced on June 4, 2025, the commencement of tender offers to purchase its outstanding debt securities. The company is looking to acquire up to $125 million in aggregate principal amount of five different series of first mortgage bonds, with maturities ranging from 2046 to 2060 and coupon rates from 2.50% to 3.50%. This move signals a potential proactive debt management strategy by CMS Energy, possibly aiming to optimize its capital structure, reduce interest expenses, or adjust its debt maturity profile. Investors should note that this announcement is for informational purposes and does not constitute an offer to purchase. The press release detailing these offers is attached as an exhibit to the 8-K filing. The Chief Financial Officer, Rejji P. Hayes, signed off on the filing, indicating senior management's awareness and approval of this debt-related initiative. Further details regarding the terms, pricing, and expiration of these offers would likely be found in the full press release.

8-KLeadership ChangesOther EventsExhibits & Filings
May 15, 2025

CMS ENERGY CORP 8-K Report, Executive Changes (May 15, 2025)

CMS Energy Corporation (CMS) has announced a significant corporate restructuring, set to take effect on July 1, 2025. This organizational overhaul aims to bolster the company's operational transformation and advance its long-term strategic objectives. A key leadership change includes the appointment of Tonya L. Berry as Executive Vice President and Chief Operating Officer for both CMS Energy and its subsidiary, Consumers Energy Company. Investors should note that detailed information regarding Ms. Berry's background and the executive compensation plans is available by reference in previously filed documents, including the Form 10-K and Proxy Statement. The company has also indicated that further details on additional leadership roles and the new structure are provided in a press release filed as an exhibit to this report. This strategic realignment is designed to position CMS Energy for future growth and operational efficiency, and while the immediate financial impact is not detailed in this filing, the changes signify a proactive approach to navigating the evolving energy landscape.

8-KShareholder MattersExhibits & Filings
May 6, 2025

CMS ENERGY CORP 8-K Report, Shareholder Vote Results (May 6, 2025)

CMS Energy Corporation (CMS) and its subsidiary Consumers Energy Company held their annual shareholder meetings on May 2, 2025, with results reported on May 6, 2025. The primary focus of this 8-K filing is the outcome of shareholder votes on key governance and corporate matters. For CMS Energy, all director nominees were overwhelmingly elected, and the advisory "say-on-pay" proposal for executive compensation was approved. Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2025. Notably, a shareholder proposal supporting the ability for shareholders to call a special meeting received majority support, indicating a desire for increased shareholder rights in this regard. For Consumers Energy, similar to its parent company, director nominees were elected with near-unanimous support, and the independent auditor appointment was ratified. The advisory "say-on-pay" proposal also passed with strong approval. These results generally reflect continued shareholder confidence in the company's leadership and financial oversight, with the exception of the shareholder proposal on special meetings, which signals an area for potential future engagement with the investor base.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Apr 24, 2025

CMS ENERGY CORP 8-K Report, Financial Results (Apr 24, 2025)

CMS Energy Corporation (CMS) filed an 8-K on April 24, 2025, primarily announcing its first-quarter 2025 financial results. The report highlights the release of a news statement (Exhibit 99.1) detailing these results and an accompanying presentation (Exhibit 99.2) that will be used in a webcast to discuss the quarterly performance and provide a business and financial outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically 'adjusted earnings,' for reporting performance, which management views as a key indicator of operational results. Reconciliations for these non-GAAP measures to GAAP equivalents are provided in the news release, with adjustments potentially including items like discontinued operations, asset sales, impairments, and regulatory matters. The company has scheduled a webcast for April 24, 2025, at 9:30 a.m. ET, to further elaborate on its Q1 2025 results and future outlook. This webcast and its accompanying presentation are considered crucial resources for investors seeking a deeper understanding of the company's financial health and strategic direction. It's important for investors to review the provided exhibits, especially the news release and presentation, as they contain the most current and detailed financial information, including guidance and discussions of performance drivers.

8-KOther EventsExhibits & Filings
Feb 21, 2025

CMS ENERGY CORP 8-K Report, Corporate Update (Feb 21, 2025)

CMS Energy Corporation (CMS) announced on February 21, 2025, the successful issuance and sale of $1 billion in aggregate principal amount of 6.50% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055. This offering was conducted under CMS Energy's existing shelf registration statement, providing a flexible and established framework for capital raising. The company intends to utilize the net proceeds from this debt issuance for general corporate purposes, which include bolstering working capital and the repayment of existing indebtedness. This strategic move allows CMS Energy to manage its capital structure effectively and ensure operational flexibility for future growth and ongoing business needs.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Feb 6, 2025

CMS ENERGY CORP 8-K Report, Financial Results (Feb 6, 2025)

CMS Energy Corporation (CMS) filed an 8-K on February 6, 2025, primarily announcing its 2024 results. While the filing itself doesn't detail the specific financial figures, it directs investors to an attached News Release (Exhibit 99.1) and a presentation (Exhibit 99.2) for this information. These documents, which include non-GAAP financial measures, are crucial for understanding the company's performance and future outlook. The company also announced a webcast to discuss its 2024 results and provide a business and financial outlook on the same day. This webcast and the accompanying presentation are key events for investors seeking in-depth insights into CMS Energy's financial condition and strategic direction. Investors are advised to refer to the linked exhibits and the investor relations section of CMS Energy's website for comprehensive details.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Oct 31, 2024

CMS ENERGY CORP 8-K Report, Financial Results (Oct 31, 2024)

CMS Energy Corporation (CMS) filed an 8-K report on October 31, 2024, primarily to announce its third-quarter 2024 financial results. The filing incorporates by reference a news release and a presentation that provide details on the company's performance and future outlook. Investors should note that the company utilizes non-GAAP financial measures, such as adjusted earnings, which are presented alongside GAAP figures with reconciliations, to offer a view of its operational performance. Management considers these adjusted metrics crucial for assessing the company's present financial condition and for communicating with stakeholders. The company also announced a webcast to discuss these third-quarter results and provide a business and financial outlook, highlighting its commitment to transparent communication with investors. The attached exhibits, including the news release and presentation, are furnished and not considered "filed" under Section 18 of the Exchange Act, a standard disclosure for such reports. CMS Energy also indicated that it routinely posts important information on its investor relations website, emphasizing this as a distribution channel.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Jul 25, 2024

CMS ENERGY CORP 8-K Report, Financial Results (Jul 25, 2024)

CMS Energy Corporation (CMS) filed an 8-K on July 25, 2024, to announce its second quarter 2024 financial results. The filing primarily incorporates by reference a news release (Exhibit 99.1) and a presentation (Exhibit 99.2) detailing these results and providing a business and financial outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," which management views as a key indicator of present operating financial performance and uses for external communications. While adjusted earnings are presented, the company does not provide forward-looking reported earnings guidance due to the inability to estimate the impact of certain items. The news release and presentation, accessible via webcast and the company's website, provide additional detail on the company's performance and future expectations.

8-KShareholder MattersCorporate ChangesExhibits & Filings
May 7, 2024

CMS ENERGY CORP 8-K Report, Bylaw Amendment (May 7, 2024)

This 8-K filing reports on the outcomes of the CMS Energy Corporation and Consumers Energy Company 2024 annual shareholder meetings held on May 3, 2024. The most significant development for investors is the shareholder approval to amend CMS Energy's Restated Articles of Incorporation to eliminate supermajority vote requirements. This change, effective May 7, 2024, simplifies the process for future shareholder decisions by requiring only a simple majority for most matters, which could lead to more agile corporate governance. Additionally, the filings confirm the election of all nominated directors to both CMS Energy's and Consumers Energy's Boards of Directors. Shareholders also provided advisory approval for the executive compensation packages and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for both entities for the upcoming fiscal year. These outcomes indicate shareholder confidence in the current leadership and the company's financial oversight.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Apr 25, 2024

CMS ENERGY CORP 8-K Report, Financial Results (Apr 25, 2024)

CMS Energy Corporation (CMS) filed an 8-K on April 25, 2024, to announce its first quarter 2024 results and provide a business and financial outlook. The report primarily references an attached news release (Exhibit 99.1) and a presentation (Exhibit 99.2) which contain the detailed financial information and forward-looking guidance. Investors should note that the company utilizes non-GAAP financial measures, such as adjusted earnings, to report its operating performance and for external communications, with reconciliations provided in the news release. The company also announced its intention to hold a webcast on the same day to discuss these results and outlook further, with materials accessible via their investor relations website. This 8-K serves as a notification of these events and refers investors to the supplementary materials for comprehensive details on the company's financial condition and future prospects.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Feb 1, 2024

CMS ENERGY CORP 8-K Report, Financial Results (Feb 1, 2024)

CMS Energy Corporation (CMS) filed an 8-K on February 1, 2024, to announce its 2023 financial results and provide forward-looking guidance. The filing primarily incorporates by reference a news release (Exhibit 99.1) detailing these results and a presentation (Exhibit 99.2) covering the business and financial outlook. Investors should note that the news release includes non-GAAP financial measures, such as adjusted earnings, which management uses as a key indicator of operational performance. While the company provides adjusted earnings and guidance for these measures, it cautions that future reported earnings could be significantly impacted by various factors not currently estimable, hence the lack of reconciliation for future periods. The company held a webcast on the same day to discuss its 2023 performance and future outlook. Investors are directed to the company's website, specifically the Investor Relations section, for important information, as CMS Energy considers this a channel for distribution. The SEC filing serves to furnish this information and is not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other filings unless explicitly stated.

8-KOther EventsExhibits & Filings
Dec 7, 2023

CMS ENERGY CORP 8-K Report, Corporate Update (Dec 7, 2023)

CMS Energy Corporation (CMS) announced an "at-the-market" (ATM) equity offering program allowing for the sale of up to $1 billion in common stock. This filing details the equity distribution agreement with various financial institutions acting as agents and forward purchasers. The company has the flexibility to sell shares opportunistically, depending on market conditions, stock price, and funding needs. The primary mechanism involves forward sale agreements, where the company expects to deliver shares to forward purchasers at a future date, receiving cash proceeds at settlement. However, the company retains the option for cash or net share settlement, which could result in no proceeds or even an obligation to pay cash or deliver shares. This offering provides CMS Energy with a flexible funding source to support its ongoing operations and strategic initiatives.

8-KMaterial AgreementsExhibits & Filings
Nov 29, 2023

CMS ENERGY CORP 8-K Report, Material Agreement (Nov 29, 2023)

CMS Energy Corporation's subsidiary, Consumers Energy Company, has entered into a Second Amendment to its Amended and Restated Revolving Credit Agreement with The Bank of Nova Scotia. This amendment primarily extends the termination date of the credit facility by one year, to November 18, 2025. This extension provides continued access to a significant revolving credit line, which is crucial for managing operational liquidity and funding ongoing capital expenditures and other corporate needs. The credit agreement remains secured by first mortgage bonds of Consumers Energy.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Oct 26, 2023

CMS ENERGY CORP 8-K Report, Financial Results (Oct 26, 2023)

CMS Energy Corporation (CMS) filed an 8-K on October 26, 2023, to announce its third-quarter 2023 financial results. The primary focus of this filing is the dissemination of earnings information through a news release (Exhibit 99.1) and a related investor presentation (Exhibit 99.2), which also serve as a business and financial outlook. These documents contain non-GAAP financial measures, specifically adjusted earnings, which management uses as a key indicator of operating performance and for external communications, though a direct reconciliation for future guidance is not provided due to the unpredictable nature of certain adjustments. The company also highlighted its routine practice of posting important information on its website, including its investor relations section, as a channel for distribution. The company is providing investors with its third-quarter results and an updated business and financial outlook, as detailed in the attached news release and presentation. While the 8-K itself is largely procedural, incorporating these exhibits by reference, it signals that CMS Energy is actively communicating its financial performance and strategic direction to the market. Investors should refer to the furnished exhibits for specific financial details, including adjusted earnings, and forward-looking statements regarding the company's performance and outlook.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Jul 27, 2023

CMS ENERGY CORP 8-K Report, Financial Results (Jul 27, 2023)

CMS Energy Corporation (CMS) filed an 8-K on July 27, 2023, to report its second quarter 2023 financial results. The filing primarily consists of a press release (Exhibit 99.1) detailing these results and a presentation (Exhibit 99.2) offering further insights and business outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," for reporting operational performance, which are reconciled to GAAP measures in the provided exhibits. These adjusted earnings are considered by management as a key indicator of present operating financial performance and are used in external communications with analysts and investors. The company also announced a webcast to discuss these results and provide a business and financial outlook, underscoring the importance of these forward-looking statements and management's commentary. While the 8-K itself doesn't contain granular Q2 numbers, it serves as the official notification that such results have been released and are available through the attached exhibits and the company's website. Investors are encouraged to review these exhibits for a comprehensive understanding of CMS Energy's performance and future guidance.

8-KFinancial EventsExhibits & Filings
May 30, 2023

CMS ENERGY CORP 8-K Report, Financial Obligation (May 30, 2023)

CMS Energy Corporation's subsidiary, Consumers Energy Company, completed the issuance of $400 million in First Mortgage Bonds on May 30, 2023. This financing event, previously announced in January 2023, involves multiple tranches with varying interest rates and maturity dates, ranging from 5.07% to 5.38% and maturing between 2026 and 2037. These bonds are secured under an existing Indenture and provide Consumers Energy with substantial capital. Investors should note the specific interest rates and maturity profiles of each bond series, as these will impact the company's future interest expense and debt servicing obligations. The company has the option to redeem the bonds under certain conditions, including a redemption price that may include a premium.

8-KOther EventsExhibits & Filings
May 17, 2023

CMS ENERGY CORP 8-K Report, Corporate Update (May 17, 2023)

CMS Energy Corporation (CMS) filed an 8-K on May 17, 2023, to report on the early results and pricing of its cash tender offer for outstanding debt securities. The company announced its intention to purchase up to $150 million of these debt securities, across various series issued by CMS Energy and its subsidiary Consumers Energy Company. This move is generally aimed at managing its debt structure and potentially reducing future interest expenses. Investors should note that due to the company expecting to reach its aggregate maximum purchase price, it is unlikely that any further debt will be purchased in the tender offer after the early settlement date of May 18, 2023. The filing incorporates by reference two press releases detailing these early results and pricing, providing specific information on the debt series and the company's commitment to its tender offer terms.

8-KLeadership ChangesExhibits & Filings
May 15, 2023

CMS ENERGY CORP 8-K Report, Executive Changes (May 15, 2023)

CMS Energy Corporation (CMS) and its principal subsidiary, Consumers Energy Company, announced a significant change in their Board of Directors structure. Effective May 15, 2023, Ralph Izzo has been elected to both Boards, bringing extensive experience from his former role as Chairman, President, and CEO of Public Service Enterprise Group Incorporated (PSEG). His appointment includes serving on the Audit and Finance Committees, indicating a focus on key financial oversight areas. This election follows an increase in the authorized membership of each Board from eleven to twelve members. Izzo, who retired from PSEG in September 2022, has no prior relationship with CMS Energy but will receive standard compensation for non-employee directors, including a restricted stock grant valued at $160,000. Investors will want to monitor Izzo's contributions to the Board's strategic decisions and financial oversight.

8-KShareholder Matters
May 10, 2023

CMS ENERGY CORP 8-K Report, Shareholder Vote Results (May 10, 2023)

This 8-K filing from CMS Energy Corporation and its subsidiary Consumers Energy Company reports on the outcomes of their respective 2023 annual shareholder meetings held on May 5, 2023. The key information for investors revolves around shareholder voting results on several critical proposals. Notably, all nominated directors for both CMS Energy and Consumers Energy were overwhelmingly elected, indicating strong shareholder confidence in the current board leadership. Additionally, shareholders approved, on an advisory basis, the compensation of named executive officers for both entities, a positive signal regarding executive compensation practices. Furthermore, shareholders strongly favored an annual advisory vote on executive compensation for both companies, a decision that will guide future shareholder engagement on this matter. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023, was also ratified by shareholders for both CMS Energy and Consumers Energy, signifying continued trust in their audit oversight. Overall, the results suggest a stable governance environment and shareholder alignment with the companies' current strategic direction and executive remuneration.

8-KFinancial EventsSecurities & ListingExhibits & Filings
May 5, 2023

CMS ENERGY CORP 8-K Report, Financial Obligation (May 5, 2023)

CMS Energy Corporation (CMS) announced on May 5, 2023, the successful completion of a private offering and sale of $800 million in aggregate principal amount of 3.375% Convertible Senior Notes due 2028. The offering was upsized by an additional $100 million due to strong demand, indicating investor confidence. These notes are senior unsecured obligations and are convertible into cash or a combination of cash and CMS Energy common stock at the company's election. The conversion price is initially set at approximately $73.97 per share, representing a premium of about 20% over the stock's trading price on May 1, 2023. This issuance allows CMS Energy to access capital while potentially deferring equity dilution. The company can redeem the notes under specific conditions after May 6, 2026, and holders have repurchase rights upon a "fundamental change."

8-KOther EventsExhibits & Filings
May 4, 2023

CMS ENERGY CORP 8-K Report, Corporate Update (May 4, 2023)

CMS Energy Corporation (CMS) has announced the commencement of offers to purchase up to $150 million in aggregate principal amount of its outstanding debt securities and those of its subsidiary, Consumers Energy Company. This move indicates a proactive approach to managing its debt structure, potentially optimizing interest expenses or refinancing at more favorable rates. Investors should note that this announcement is for informational purposes and does not constitute an offer to purchase, but it signals a strategic financial maneuver by the company.

8-KOther Events
May 2, 2023

CMS ENERGY CORP 8-K Report, Corporate Update (May 2, 2023)

CMS Energy Corporation (CMS) announced on May 2, 2023, the pricing and upsizing of a private placement for $700 million in aggregate principal amount of 3.375% Convertible Senior Notes due 2028. This offering represents a significant capital raise for the company, providing additional financial flexibility. The notes are convertible into shares of CMS Energy common stock under certain conditions, which could be beneficial for investors seeking potential equity upside while holding a fixed-income instrument. While the filing itself is brief and primarily serves to disclose this debt issuance, investors should note that such a move often signals strategic plans for growth, operational investments, or refinancing existing debt. The convertible nature of the notes introduces a hybrid element, combining debt features with equity conversion potential, which warrants careful consideration of both interest rate sensitivity and the company's stock performance outlook.

8-KOther EventsExhibits & Filings
May 1, 2023

CMS ENERGY CORP 8-K Report, Corporate Update (May 1, 2023)

CMS Energy Corporation (CMS) announced on May 1, 2023, the commencement of a private placement for $650 million in Convertible Senior Notes due 2028. This strategic move aims to raise capital, likely for ongoing operations, strategic investments, or debt management. The issuance of convertible notes offers flexibility, potentially allowing CMS Energy to manage its capital structure while providing investors with an opportunity for both income and equity upside if the company's stock price increases. Investors should note that the details of the terms, conversion features, and interest rates of these notes are expected to be further elaborated in the accompanying press release (Exhibit 99.1). This offering is a significant event for the company's financing strategy and warrants close attention from stakeholders monitoring CMS Energy's financial health and growth prospects. The filing does not indicate any adverse financial events, focusing instead on this capital-raising initiative.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Apr 27, 2023

CMS ENERGY CORP 8-K Report, Financial Results (Apr 27, 2023)

CMS Energy Corporation (CMS) filed an 8-K on April 27, 2023, to report its first quarter 2023 results. The report primarily incorporates by reference a news release (Exhibit 99.1) detailing these results and a presentation (Exhibit 99.2) shared during an investor webcast. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," to present its operating performance and for external communications. While these adjusted figures provide a view of ongoing operations, they exclude various items like discontinued operations, asset sales, impairments, and regulatory adjustments, among others. The company emphasizes that these non-GAAP measures are supplemental and should not be considered a substitute for GAAP-reported earnings.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Feb 2, 2023

CMS ENERGY CORP 8-K Report, Financial Results (Feb 2, 2023)

CMS Energy Corporation (CMS) filed an 8-K on February 2, 2023, to announce its 2022 financial results. The report primarily incorporates by reference a news release (Exhibit 99.1) and a presentation (Exhibit 99.2) that detail these results and provide an outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically 'adjusted earnings,' which management considers a key indicator of operational performance and uses for external communications. Reconciliations for these non-GAAP measures to GAAP are provided, though forward-looking earnings guidance does not include such reconciliations due to the inability to estimate future impacts of specific line items. The company also announced a webcast to discuss its 2022 performance and business/financial outlook, which is a critical event for investors seeking detailed insights and future projections. CMS Energy emphasizes that important information is routinely posted on its Investor Relations website, reinforcing the importance of this channel for ongoing updates and disclosures.

8-KMaterial AgreementsExhibits & Filings
Jan 12, 2023

CMS ENERGY CORP 8-K Report, Material Agreement (Jan 12, 2023)

CMS Energy Corporation, through its principal subsidiary Consumers Energy Company, announced on January 12, 2023, its entry into a Bond Purchase Agreement (BPA) for a private placement of $400 million in First Mortgage Bonds (FMBs). This transaction is set to occur in May 2023, subject to standard closing conditions. The issuance diversifies the company's debt maturity profile across several tranches with varying interest rates and due dates, ranging from 2026 to 2037. The capital raised through this private placement is expected to support the company's ongoing operational and capital expenditure needs.

8-KMaterial AgreementsExhibits & Filings
Dec 15, 2022

CMS ENERGY CORP 8-K Report, Material Agreement (Dec 15, 2022)

CMS Energy Corporation (CMS) and its subsidiary Consumers Energy Company have entered into material definitive agreements to amend and restate their respective revolving credit facilities. These actions are important for investors as they ensure continued access to liquidity and reflect updated financial market practices. The amendments extend the maturity dates and provide for new borrowing limits, demonstrating the companies' commitment to maintaining a strong financial footing. The primary focus of these amendments is the transition to the Secured Overnight Financing Rate (SOFR) as the benchmark interest rate, replacing the London Interbank Offered Rate (LIBOR). This shift aligns the facilities with industry-wide changes and enhances predictability in interest rate calculations. The increased credit facility for Consumers Energy also provides greater financial flexibility for its operations and investments.

8-KMaterial AgreementsExhibits & Filings
Nov 29, 2022

CMS ENERGY CORP 8-K Report, Material Agreement (Nov 29, 2022)

CMS Energy Corporation (CMS), through its principal subsidiary Consumers Energy Company, has filed an 8-K report detailing a material amendment to its secured revolving credit agreement. This amendment, entered into on November 23, 2022, with The Bank of Nova Scotia, primarily extends the termination date of the credit facility by one year to November 19, 2024. Importantly, it also transitions the interest rate benchmark from the London Interbank Offered Rate (LIBOR) to the Secured Overnight Financing Rate (SOFR)-based forward-looking term rate, aligning with industry-wide shifts away from LIBOR. Consumers Energy retains the option to borrow under an Alternate Base Rate as well.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Oct 27, 2022

CMS ENERGY CORP 8-K Report, Financial Results (Oct 27, 2022)

CMS Energy Corporation (CMS) filed an 8-K on October 27, 2022, to report its third quarter 2022 financial results and provide an updated business and financial outlook. The filing primarily directs investors to a furnished News Release (Exhibit 99.1) and a presentation (Exhibit 99.2) which contain detailed information on the company's performance and forward-looking guidance. Investors should note that the company utilizes non-GAAP financial measures, such as adjusted earnings, to present its operating performance, with reconciliations provided in the accompanying materials. These adjusted metrics are considered by management to be key indicators of the company's current financial health and are used for external communications.

8-KEarnings & ResultsRegulation FDExhibits & Filings
Jul 28, 2022

CMS ENERGY CORP 8-K Report, Financial Results (Jul 28, 2022)

8-KOther EventsExhibits & Filings
Jun 23, 2022

CMS ENERGY CORP 8-K Report, Corporate Update (Jun 23, 2022)

CMS Energy Corporation (CMS) announced a significant development for its wholly-owned subsidiary, Consumers Energy Company, with the Michigan Public Service Commission's approval of its Integrated Resource Plan (IRP) settlement agreement on June 23, 2022. This approval represents a pivotal step in Consumers Energy's long-term strategy to meet Michigan's energy demands while prioritizing environmental sustainability. The plan outlines a 20-year roadmap that accelerates the company's transition away from coal-fired power generation. The key takeaway for investors is the accelerated timeline for phasing out coal, with Consumers Energy now set to cease burning coal by 2025, a full 15 years ahead of its prior schedule. This proactive move not only addresses environmental concerns but also signals a commitment to modernizing its energy infrastructure, which could lead to long-term operational efficiencies and potential new investment opportunities in renewable energy sources. The IRP approval is expected to provide greater clarity and stability for future energy production and cost management.

8-KShareholder Matters
May 10, 2022

CMS ENERGY CORP 8-K Report, Shareholder Vote Results (May 10, 2022)

This 8-K filing from CMS Energy Corporation and Consumers Energy Company on May 10, 2022, primarily reports the outcomes of their respective annual shareholder meetings held on May 6, 2022. The key takeaway for investors is the overwhelmingly positive shareholder support for all proposals presented. This includes the election of all board director nominees for both CMS Energy and Consumers Energy, the approval of executive compensation packages (say-on-pay), and the ratification of PricewaterhouseCoopers LLP as the independent auditor for both entities for the fiscal year ending December 31, 2022. The strong shareholder votes indicate continued confidence in the current board and management's strategic direction and financial oversight. The ratification of the auditor also suggests satisfaction with the company's financial reporting practices. For investors, these results are generally viewed as stable and supportive of the existing corporate governance structure, signaling a low likelihood of immediate disruptive changes in leadership or accounting oversight.

8-KEarnings & ResultsRegulation FDExhibits & Filings
May 3, 2022

CMS ENERGY CORP 8-K Report, Financial Results (May 3, 2022)

CMS Energy Corporation (CMS) filed an 8-K on May 3, 2022, to report its first quarter 2022 financial results. The filing primarily incorporates by reference a news release (Exhibit 99.1) and a presentation (Exhibit 99.2) that detail the company's performance and outlook. A key aspect highlighted is the company's use of "adjusted earnings" as a non-GAAP measure for assessing operational performance, which excludes various items like discontinued operations, asset sales, impairments, and regulatory items. Investors are encouraged to review these non-GAAP measures alongside the most directly comparable GAAP financial measures, as provided in the news release, to gain a comprehensive understanding of the company's financial condition. The company also announced a webcast to discuss these Q1 2022 results and provide a business and financial outlook on the same day, May 3, 2022. This filing, including the attached exhibits, is furnished and not deemed "filed" under Section 18 of the Exchange Act, meaning it does not carry the same regulatory implications as a formally filed document. CMS Energy also notes that it routinely posts important information on its website, www.cmsenergy.com, particularly in the Investor Relations section.

8-KOther EventsExhibits & Filings
Apr 20, 2022

CMS ENERGY CORP 8-K Report, Corporate Update (Apr 20, 2022)

CMS Energy Corporation (CMS) announced a significant development regarding its subsidiary, Consumers Energy Company, through an 8-K filing on April 20, 2022. The key information for investors centers on a settlement agreement reached by Consumers Energy with stakeholders concerning its 2021 Clean Energy Plan. This settlement is a crucial step towards achieving the company's ambitious goal of ceasing coal as a fuel source for electricity generation by 2025, positioning Consumers Energy as one of the first utilities in the nation to become coal-free. This strategic shift away from coal has long-term implications for the company's operational profile, environmental stewardship, and potential future regulatory landscapes. The settlement signifies progress and potentially reduces future uncertainty or litigation risks associated with the Clean Energy Plan, which is a positive indicator for investors focused on sustainability and forward-looking energy strategies. Investors should monitor the implementation of this plan and its financial impact.

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