CMS Energy Corporation (CMS) Q2 2023 Earnings Call Transcript

CMS Energy Corporation (NYSE:CMS) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET

Company Participants

Sri Maddipati - Treasurer and VP, Finance and IR

Garrick Rochow - President and CEO

Rejji Hayes - EVP and CFO

Conference Call Participants

Jeremy Tonet - JPMorgan

Heidi Hauch - Bank of America

Michael Sullivan - Wolfe Research

Operator

Good morning, everyone. Thank you for standing by. Welcome to the CMS Energy 2023 Second Quarter Results Conference Call and News Earnings Release. The earnings news release was issued earlier today and the presentation used in this webcast are available on CMS Energy's website in the Investor Relations section. Today's call is being recorded.

After the presentation, we will conduct a question-and-answer session and instructions will be provided at that time on how to queue-up. [Operator Instructions] As a reminder, there will be a rebroadcast of this conference call today beginning at 12:00 PM Eastern Time running through August 3. This presentation is also being webcast and is available on CMS Energy's website in the Investor Relations section.

At this time, I would like to turn the conference over to Sri Maddipati, Treasurer and Vice President of Finance and Investor Relations. Please go ahead, sir.

Sri Maddipati

Thank you, Michelle. Good morning, everyone, and thank you for joining us today. We apologize for the delay as we're experiencing technical difficulties. If you have any questions and we're unable to participate on the call, please feel free to give me or Travis Uphaus a call after this earnings call.

With me are Garrick Rochow, President and Chief Executive Officer; and Rejji Hayes, Executive Vice President and Chief Financial Officer.

This presentation contains forward-looking statements which are subject to risks and uncertainties. Please refer to our SEC filings for more information regarding the risks and other factors that could cause our actual results to differ materially. This presentation also includes non-GAAP measures. Reconciliations of these measures to the most directly comparable GAAP measures are included in the appendix and posted on our website.

Now I'll turn the call over to Garrick.

Garrick Rochow

Thank you, Sri. And thank you, everyone, for joining us today.

CMS Energy, we deliver, we say it and we back it up. So what makes it work for all stakeholders is this investment thesis that we start with in nearly every earnings call. I've reiterated the key points of this thesis on many occasions. Today, I want to draw attention to three key components.