CMS Energy Corporation (CMS) Q4 2022 Earnings Call Transcript

CMS Energy Corporation (NYSE:CMS) Q4 2022 Earnings Conference Call February 2, 2023 9:30 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

Shahriar Pourreza - Guggenheim Partners

Jeremy Tonet - JPMorgan

Michael Sullivan - Wolfe Research

Andrew Weisel - Scotia Bank

David Arcaro - Morgan Stanley

Durgesh Chopra - Evercore

Anthony Crowdell - Mizuho

Travis Miller - Morningstar

Operator

Good morning, everyone, and welcome to the CMS Energy 2022 Year End Results Call. The earnings news release issued earlier today and the presentation used in this webcast are available on CMS Energy's website in the Investor Relations section. This call is being recorded. After the presentation, we will conduct a question-and-answer session. Instructions will be provided at that time. [Operator Instructions] Just a reminder, there'll be a rebroadcast of this conference call today beginning at 12 PM Eastern Time running through February 9th. 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 call over to Mr. Sri Maddipati, Treasurer and Vice President of Investor Relations and Finance.

Sri Maddipati

Thank you, Adam. Good morning, everyone, and thank you for joining us today. 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.

2022, an outstanding year at CMS Energy, both operationally and financially. And even more than that, 2022 marks the 20th year CMS Energy has consistently delivered industry-leading financial performance. Many of you have been on this journey with us. And I appreciate you and I thank you. You see us put our words into action. Our performance is supported by our simple investment thesis, which delivers for our customers and investors. We continue to lead the clean energy transformation. Our net zero commitments backed up by the solid plans in approved Integrated Resource Plan, IRP, provide certainty for investments in clean energy and highlight the supportive regulatory construct in Michigan.