Monthly CMS Energy Corporation stock prices and selected Press Release highlights for the period August, 1999 through July, 2004
From a November 4, 2002 CMS Press Release: "The facts previously reported by the Company about round-trip trading at the Houston-based subsidiary are essentially consistent with the findings of the special committee. The special committee also concluded, based on an extensive investigation, that the round-trip trades were undertaken to raise CMS Marketing, Services and Trading's profile as an energy marketer with the goal of enhancing its ability to market its services. The committee found no apparent effort to manipulate the price of CMS Energy stock or affect energy prices." (emphasis added)
Note the correlation of the projected EPS, sales volumes and stock prices.
| Date | Open | High | Low | Close | Avg Vol | Adj Close* | ||
|
9.14 | 9.19 | 8.58 | 9.03 | 811,433 | 9.03 | ||
| Jun-04 | 8.55 | 9.29 | 8.30 | 9.13 | 767,100 | 9.13 | ||
| May-04 | 8.41 | 8.79 | 7.81 | 8.62 | 892,095 | 8.62 | Announces loss per share for 1st quarter of $.07 per share, after charges | |
| Apr-04 | 9.02 | 9.43 | 8.26 | 8.31 | 774,123 | 8.31 | ||
| Mar-04 | 9.20 | 9.59 | 8.70 | 8.95 | 923,921 | 8.95 | Announces loss per share for 2003 of $.30, including charges | |
| Announces settlement with SEC | ||||||||
| Announces personnel action | ||||||||
| Feb-04 | 8.71 | 9.20 | 8.25 | 9.20 | 1,163,736 | 9.20 | ||
| Jan-04 | 8.62 | 9.31 | 8.50 | 8.78 | 1,418,375 | 8.78 | ||
| Dec-03 | 7.85 | 8.67 | 7.51 | 8.52 | 2,265,963 | 8.52 | Announces sale of $200 million of Cumulative Convertible Preferred Stock | |
| Nov-03 | 8.18 | 8.30 | 7.41 | 7.89 | 913,531 | 7.89 | ||
| Oct-03 | 7.41 | 8.24 | 7.40 | 8.12 | 828,986 | 8.12 | ||
| Sep-03 | 6.70 | 7.80 | 6.50 | 7.37 | 1,193,000 | 7.37 | ||
| Aug-03 | 6.55 | 6.80 | 6.03 | 6.67 | 984,323 | 6.67 | Reaffirms projected ongoing earnings for 2003 of $.80 to $.90 per share | |
| Jul-03 | 8.04 | 8.04 | 6.35 | 6.50 | 1,897,722 | 6.50 | Announces sale of $150 Million of Convertible Senior Notes | |
| and $250 million of Senior Notes | ||||||||
| Jun-03 | 8.00 | 8.95 | 7.28 | 8.10 | 1,593,566 | 8.10 | ||
| May-03 | 6.20 | 8.08 | 5.71 | 7.92 | 2,294,928 | 7.92 | Projects EPS for 2003 of roughly breakeven, including charges | |
| Apr-03 | 4.65 | 6.96 | 4.58 | 6.23 | 1,542,114 | 6.23 | Announces loss per share for 2002 of $4.46, including charges | |
| Mar-03 | 4.58 | 4.86 | 3.41 | 4.41 | 1,216,657 | 4.41 | ||
| Feb-03 | 5.62 | 5.65 | 4.05 | 4.50 | 2,060,178 | 4.50 | ||
| Jan-03 | 9.47 | 10.74 | 5.45 | 5.67 | 3,075,685 | 5.67 | Announces dividend suspension, projected loss of | |
| $4.25 to $4.75 per share for 2002, including charges | ||||||||
| Dec-02 | 9.95 | 10.03 | 8.55 | 9.44 | 1,386,538 | 9.44 | Reaches definitive agreement to sell Panhandle for $1.8 billion | |
| Nov-02 | $ 0.18 Cash Dividend | |||||||
| Nov-02 | 7.76 | 10.48 | 7.76 | 9.95 | 1,428,360 | 9.95 | ||
| Oct-02 | 8.16 | 8.30 | 5.45 | 7.83 | 1,716,360 | 7.66 | ||
| Sep-02 | 10.31 | 10.55 | 7.56 | 8.06 | 1,341,135 | 7.89 | ||
| Aug-02 | $ 0.18 Cash Dividend | |||||||
| Aug-02 | 8.15 | 11.55 | 7.45 | 10.56 | 1,491,240 | 10.33 | Reaffirms $1.50 to $1.55 EPS guidance for 2002 | |
| Jul-02 | 11.00 | 11.30 | 6.89 | 8.12 | 2,183,177 | 7.79 | Announces dividend reduction by 50% | |
| Jun-02 | 18.20 | 18.22 | 7.75 | 10.98 | 2,720,620 | 10.53 | Revises EPS projection to $1.50 to $1.55 per share for 2002 | |
| May-02 | $ 0.365 Cash Dividend | |||||||
| May-02 | 19.61 | 20.69 | 13.90 | 18.06 | 2,806,086 | 17.32 | Clarifies report in Wall Street Journal regarding sales with Dynergy | |
| States it is cooperating with SEC investigation | ||||||||
| Apr-02 | 22.38 | 22.50 | 19.35 | 19.36 | 929,780 | 18.23 | Announces change in auditors replacing Arthur Andersen, LLP | |
| Notes annual sales of $10 billion without explanation of drop from prior reports | ||||||||
| Mar-02 | 21.90 | 23.63 | 21.75 | 22.63 | 633,740 | 21.31 | ||
| Feb-02 | $ 0.365 Cash Dividend | |||||||
| Feb-02 | 23.05 | 23.05 | 20.97 | 21.80 | 734,672 | 20.53 | Reports loss per share for 2001 of $4.17, after charges | |
| Notes annual sales of $14 billion | ||||||||
| Jan-02 | 23.90 | 24.80 | 22.28 | 22.83 | 737,400 | 21.16 | Reaffirms $2.00 to $2.05 EPS projection for 2002 | |
| Dec-01 | 23.00 | 24.55 | 21.97 | 24.03 | 593,990 | 22.27 | ||
| Nov-01 | $ 0.365 Cash Dividend | |||||||
| Jan-01 | 21.51 | 23.25 | 21.30 | 23.03 | 1,076,804 | 21.34 | ||
| Oct-01 | 20.10 | 22.60 | 19.49 | 21.51 | 1,044,465 | 19.60 | Notes annual sales of $15 billion | |
| Announces sale of transmission facilities for $290 million | ||||||||
| Sep-01 | 23.22 | 23.75 | 19.82 | 20.00 | 967,760 | 18.23 | Notes annual sales of $14 billion | |
| Aug-01 | $ 0.365 Cash Dividend | |||||||
| Aug-01 | 26.42 | 26.58 | 23.20 | 23.46 | 1,341,373 | 21.38 | ||
| Jul-01 | 27.75 | 29.15 | 24.15 | 26.67 | 888,876 | 23.96 | ||
| Jun-01 | 29.60 | 29.98 | 27.39 | 27.85 | 522,114 | 25.02 | Notes annual sales of $11 billion | |
| May-01 | $ 0.365 Cash Dividend | |||||||
| May-01 | 31.15 | 31.80 | 28.40 | 29.67 | 705,495 | 26.65 | ||
| Apr-01 | 29.59 | 31.55 | 28.60 | 31.30 | 882,420 | 27.77 | ||
| Mar-01 | 29.55 | 30.55 | 27.45 | 29.59 | 859,540 | 26.25 | Markets $350 million of debt at 8.5% | |
| Feb-01 | $ 0.365 Cash Dividend | |||||||
| Feb-01 | 29.60 | 31.25 | 28.50 | 29.55 | 956,173 | 26.22 | CMS sells 10 million new shares of common stock for $295.6 million | |
| Projects EPS for 2001 of $2.75 per share | ||||||||
| Notes annual sales of $9 billion | ||||||||
| Jan-01 | 31.31 | 31.44 | 26.75 | 29.50 | 662,304 | 25.85 | CMS announces EPS of $2.47 for 2000, notes annual sales at $9 billion | |
| Dec-00 | 27.81 | 32.25 | 26.75 | 31.69 | 647,825 | 27.77 | ||
| Nov-00 | 27.06 | 28.50 | 26.12 | 27.81 | 654,804 | 24.37 | CMS announces Loy Yang write off of $267 million | |
| Oct-00 | $ 0.365 Cash Dividend | |||||||
| Oct-00 | 27.00 | 29.25 | 25.12 | 27.00 | 1,096,818 | 23.66 | CMS sells 11 million new shares of common stock for $305 million | |
| Notes annual sales of $7 billion | ||||||||
| Sep-00 | 26.12 | 29.69 | 25.37 | 26.95 | 742,185 | 23.30 | ||
| Aug-00 | $ 0.365 Cash Dividend | |||||||
| Aug-00 | 25.62 | 27.87 | 24.81 | 26.14 | 827,513 | 22.60 | ||
| Jul-00 | 22.19 | 25.87 | 22.06 | 25.56 | 730,200 | 21.80 | ||
| Jun-00 | 23.25 | 23.69 | 21.81 | 22.12 | 691,531 | 18.86 | ||
| May-00 | 19.12 | 23.19 | 19.12 | 22.75 | 882,100 | 19.40 | ||
| Apr-00 | $ 0.365 Cash Dividend | |||||||
| Apr-00 | 18.19 | 19.87 | 17.75 | 19.00 | 1,138,036 | 16.20 | ||
| Mar-00 | 16.75 | 19.75 | 16.69 | 18.12 | 1,079,204 | 15.15 | ||
| Feb-00 | $ 0.365 Cash Dividend | |||||||
| Feb-00 | 26.12 | 26.62 | 16.06 | 16.75 | 1,791,570 | 14.00 | CMS announces earnings per share of $2.44 for 1999 | |
| Jan-00 | 30.94 | 32.06 | 29.31 | 30.00 | 815,045 | 24.66 | ||
| Dec-99 | 33.00 | 34.31 | 30.31 | 31.19 | 426,450 | 25.64 | Notes annual sales of $6 billion | |
| Nov-99 | 36.75 | 37.25 | 31.12 | 33.25 | 455,885 | 27.34 | ||
| Nov-99 | $ 0.365 Cash Dividend | |||||||
| Oct-99 | 34.00 | 38.06 | 32.25 | 36.88 | 584,619 | 30.02 | ||
| Sep-99 | $ 0.365 Cash Dividend | |||||||
| Sep-99 | 39.31 | 40.13 | 33.63 | 33.94 | 323,166 | 27.63 | ||
| Aug-99 | 37.50 | 40.06 | 36.50 | 39.56 | 383,195 | 31.89 | ||
| * Close price adjusted for dividends and splits. | ||||||||
| Source: Yahoo Finance | ||||||||