Utilities - Regulated Electric - NYSE - US
$ 30.86
2.94 %
$ 20.1 B
Market Cap
20.85
P/E
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers.[ Read More ]
The intrinsic value of one CNP stock under the base case scenario is HIDDEN Compared to the current market price of 30.9 USD, CenterPoint Energy, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart CNP
FINANCIALS
8.7 B
REVENUE
1.76 B
OPERATING INCOME
917 M
NET INCOME
3.88 B
OPERATING CASH FLOW
-4.23 B
INVESTING CASH FLOW
374 M
FINANCING CASH FLOW
1.86 B
REVENUE
424 M
OPERATING INCOME
193 M
NET INCOME
136 M
OPERATING CASH FLOW
-959 M
INVESTING CASH FLOW
870 M
FINANCING CASH FLOW
Balance Sheet Decomposition
CenterPoint Energy, Inc.
| Current Assets | 3.03 B |
| Cash & Short-Term Investments | 650 M |
| Receivables | 1.32 B |
| Other Current Assets | 1.06 B |
| Non-Current Assets | 36.7 B |
| Long-Term Investments | 0 |
| PP&E | 30.4 B |
| Other Non-Current Assets | 6.3 B |
| Current Liabilities | 3.86 B |
| Accounts Payable | 917 M |
| Short-Term Debt | 1.06 B |
| Other Current Liabilities | 1.89 B |
| Non-Current Liabilities | 26.2 B |
| Long-Term Debt | 17.6 B |
| Other Non-Current Liabilities | 8.62 B |
EFFICIENCY
Earnings Waterfall
CenterPoint Energy, Inc.
| Revenue | 8.7 B |
| Cost Of Revenue | 5.01 B |
| Gross Profit | 3.69 B |
| Operating Expenses | 6.84 B |
| Operating Income | 1.76 B |
| Other Expenses | 843 M |
| Net Income | 917 M |
RATIOS
42.39%
GROSS MARGIN
20.24%
OPERATING MARGIN
10.55%
NET MARGIN
9.49%
ROE
2.31%
ROA
5.25%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CenterPoint Energy, Inc.
| Net Income | 917 M |
| Depreciation & Amortization | 1.4 B |
| Capital Expenditures | -4.4 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 1.49 B |
| Others | 1.24 B |
| Free Cash Flow | -524 M |
Wall Street Analysts Price Targets
CenterPoint Energy, Inc.
Wall Street analysts predict an average 1-year price target for CNP of $30.8 , with forecasts ranging from a low of $28 to a high of $34 .
CNP Lowest Price Target
Wall Street Target
28 USD
-9.27%
CNP Average Price Target
Wall Street Target
30.8 USD
-0.14%
CNP Highest Price Target
Wall Street Target
34 USD
10.17%
4. DIVIDEND ANALYSIS
0.68%
DIVIDEND YIELD
0.21 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
CenterPoint Energy, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
167 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.14 M USD 2
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
6 months ago
May 03, 2024
|
Sell 167 K USD
|
Smitherman Barry T
Director |
- 5670
|
29.42 USD |
|
11 months ago
Nov 29, 2023
|
Bought 140 K USD
|
Foster Christopher A
EVP and CFO |
+ 5000
|
28.0993 USD |
|
1 year ago
Nov 13, 2023
|
Bought 1 M USD
|
LESAR DAVID J
CEO |
+ 37000
|
27.12 USD |
|
1 year ago
Nov 09, 2023
|
Bought 269 K USD
|
Wells Jason P.
President & COO |
+ 10000
|
26.905 USD |
|
1 year ago
May 08, 2023
|
Sell 153 K USD
|
Smitherman Barry T
Director |
- 5000
|
30.5096 USD |
|
1 year ago
May 05, 2023
|
Sell 84.5 K USD
|
Pound Ted
Director |
- 2770
|
30.5 USD |
|
2 years ago
Nov 07, 2022
|
Bought 227 K USD
|
Smitherman Barry T
Director |
+ 8005
|
28.3781 USD |
|
2 years ago
May 05, 2022
|
Sell 511 K USD
|
Smitherman Barry T
director: |
- 16347
|
31.2336 USD |
|
2 years ago
Mar 09, 2022
|
Sell 57.3 K USD
|
Smitherman Barry T
director: |
- 2000
|
28.67 USD |
|
3 years ago
Nov 08, 2021
|
Sell 448 K USD
|
Smitherman Barry T
Director |
- 16910
|
26.4989 USD |
|
3 years ago
May 13, 2021
|
Bought 1.18 M USD
|
LESAR DAVID J
President & CEO |
+ 50000
|
23.58 USD |
|
3 years ago
May 11, 2021
|
Bought 241 K USD
|
Wells Jason P.
EVP & CFO |
+ 10000
|
24.06 USD |
|
3 years ago
Mar 04, 2021
|
Sell 698 K USD
|
Biddle Leslie D.
Director |
- 35000
|
19.9361 USD |
|
3 years ago
Mar 01, 2021
|
Bought 992 K USD
|
Biddle Leslie D.
Director |
+ 50000
|
19.84 USD |
|
3 years ago
Mar 01, 2021
|
Bought 198 K USD
|
Smitherman Barry T
Director |
+ 10000
|
19.8 USD |
|
4 years ago
May 12, 2020
|
Bought 107 K USD
|
LESAR DAVID J
Director |
+ 6000
|
17.85 USD |
|
4 years ago
May 11, 2020
|
Bought 90.5 K USD
|
LESAR DAVID J
Director |
+ 5000
|
18.1 USD |
|
4 years ago
May 11, 2020
|
Bought 110 K USD
|
LESAR DAVID J
Director |
+ 6110
|
18 USD |
|
4 years ago
May 11, 2020
|
Bought 48.9 K USD
|
Smitherman Barry T
Director |
+ 2700
|
18.1256 USD |
|
4 years ago
May 11, 2020
|
Bought 5.44 K USD
|
Smitherman Barry T
Director |
+ 300
|
18.12 USD |
|
4 years ago
Feb 03, 2020
|
Sell 186 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
26.63 USD |
|
4 years ago
Jan 02, 2020
|
Sell 188 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
26.83 USD |
|
4 years ago
Dec 02, 2019
|
Sell 172 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
24.5 USD |
|
5 years ago
Nov 01, 2019
|
Sell 203 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
29.02 USD |
|
5 years ago
Oct 01, 2019
|
Sell 210 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
30.06 USD |
|
5 years ago
Sep 03, 2019
|
Sell 195 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
27.84 USD |
|
5 years ago
Aug 01, 2019
|
Sell 203 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
29.03 USD |
|
5 years ago
Jul 01, 2019
|
Sell 199 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
28.4 USD |
|
5 years ago
Jun 03, 2019
|
Sell 199 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
28.4 USD |
|
5 years ago
May 17, 2019
|
Sell 357 K USD
|
CARROLL MILTON
Executive Chairman |
- 12000
|
29.76 USD |
|
5 years ago
May 20, 2019
|
Sell 230 K USD
|
CARROLL MILTON
Executive Chairman |
- 7780
|
29.62 USD |
|
5 years ago
May 01, 2019
|
Sell 216 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
30.9 USD |
|
5 years ago
Apr 04, 2019
|
Sell 214 K USD
|
Prochazka Scott M
President & CEO |
- 7000
|
30.58 USD |
|
5 years ago
Mar 07, 2019
|
Sell 1.2 M USD
|
CARROLL MILTON
Executive Chairman |
- 40000
|
30.02 USD |
|
5 years ago
Mar 05, 2019
|
Sell 2.27 M USD
|
CARROLL MILTON
Executive Chairman |
- 75000
|
30.21 USD |
|
5 years ago
Mar 04, 2019
|
Sell 60.2 K USD
|
Vortherms Joseph John
Senior VP |
- 2000
|
30.1 USD |
|
5 years ago
Mar 01, 2019
|
Sell 120 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
29.98 USD |
|
5 years ago
Feb 01, 2019
|
Sell 123 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
30.72 USD |
|
5 years ago
Jan 02, 2019
|
Sell 111 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.87 USD |
|
5 years ago
Dec 03, 2018
|
Sell 113 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
28.17 USD |
|
6 years ago
Nov 01, 2018
|
Sell 108 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.09 USD |
|
6 years ago
Oct 01, 2018
|
Sell 110 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.54 USD |
|
6 years ago
Sep 04, 2018
|
Sell 111 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.81 USD |
|
6 years ago
Aug 08, 2018
|
Sell 283 K USD
|
CARROLL MILTON
Executive Chairman |
- 10000
|
28.27 USD |
|
6 years ago
Aug 01, 2018
|
Sell 112 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.99 USD |
|
6 years ago
Jul 02, 2018
|
Sell 110 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.57 USD |
|
6 years ago
Jun 01, 2018
|
Sell 103 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
25.75 USD |
|
6 years ago
May 15, 2018
|
Sell 1.64 M USD
|
CARROLL MILTON
Executive Chairman |
- 62779
|
26.1 USD |
|
6 years ago
May 08, 2018
|
Sell 84.4 K USD
|
Pound Ted
Director |
- 3200
|
26.385 USD |
|
6 years ago
May 01, 2018
|
Sell 102 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
25.38 USD |
|
6 years ago
Apr 02, 2018
|
Sell 109 K USD
|
Prochazka Scott M
President & CEO |
- 4000
|
27.13 USD |
|
6 years ago
Mar 01, 2018
|
Sell 27 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
26.99 USD |
|
6 years ago
Feb 28, 2018
|
Sell 1.18 M USD
|
CARROLL MILTON
Executive Chairman |
- 43363
|
27.2 USD |
|
6 years ago
Feb 01, 2018
|
Sell 27.9 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
27.91 USD |
|
6 years ago
Jan 02, 2018
|
Sell 28.1 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
28.11 USD |
|
6 years ago
Dec 01, 2017
|
Sell 29.4 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
29.39 USD |
|
7 years ago
Nov 01, 2017
|
Sell 29.6 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
29.61 USD |
|
7 years ago
Oct 02, 2017
|
Sell 29.1 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
29.08 USD |
|
7 years ago
Sep 01, 2017
|
Sell 29.6 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
29.61 USD |
|
7 years ago
Aug 01, 2017
|
Sell 28.2 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
28.23 USD |
|
7 years ago
Jul 03, 2017
|
Sell 27.7 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
27.66 USD |
|
7 years ago
Jun 01, 2017
|
Sell 28.7 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
28.67 USD |
|
7 years ago
May 01, 2017
|
Sell 28.4 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
28.35 USD |
|
7 years ago
Apr 03, 2017
|
Sell 27.4 K USD
|
Prochazka Scott M
President & CEO |
- 1000
|
27.45 USD |
|
8 years ago
Nov 08, 2016
|
Sell 126 K USD
|
MCGOLDRICK JOSEPH B
Exec VP - Div Pres |
- 5283
|
23.85 USD |
|
8 years ago
Nov 08, 2016
|
Sell 284 K USD
|
MCGOLDRICK JOSEPH B
Exec VP - Div Pres |
- 11953
|
23.8 USD |
|
8 years ago
May 13, 2016
|
Sell 200 K USD
|
MCGOLDRICK JOSEPH B
Exec VP - Div Pres |
- 9000
|
22.23 USD |
|
9 years ago
Nov 16, 2015
|
Sell 51.1 K USD
|
Longoria Janiece M
Director |
- 3000
|
17.032 USD |
|
9 years ago
Jun 02, 2015
|
Bought 198 K USD
|
Bridge Tracy B
Exec VP - Div Pres |
+ 10000
|
19.8 USD |
|
9 years ago
Jun 01, 2015
|
Bought 202 K USD
|
Bridge Tracy B
Exec VP - Div Pres |
+ 10000
|
20.2 USD |
|
9 years ago
May 15, 2015
|
Bought 40.6 K USD
|
Smith Phillip R
Director |
+ 2000
|
20.28 USD |
|
9 years ago
May 14, 2015
|
Bought 202 K USD
|
MCGOLDRICK JOSEPH B
Exec VP - Div Pres |
+ 10000
|
20.15 USD |
|
9 years ago
May 13, 2015
|
Bought 53.6 K USD
|
ROGERS WILLIAM D
EVP & Chief Financial Officer |
+ 2700
|
19.85 USD |
|
9 years ago
May 13, 2015
|
Bought 141 K USD
|
ROGERS WILLIAM D
EVP & Chief Financial Officer |
+ 7100
|
19.84 USD |
|
9 years ago
May 13, 2015
|
Bought 3.97 K USD
|
ROGERS WILLIAM D
EVP & Chief Financial Officer |
+ 200
|
19.83 USD |
|
9 years ago
May 13, 2015
|
Bought 162 K USD
|
ROGERS WILLIAM D
EVP & Chief Financial Officer |
+ 8207
|
19.77 USD |
|
9 years ago
May 13, 2015
|
Bought 35.4 K USD
|
ROGERS WILLIAM D
EVP & Chief Financial Officer |
+ 1793
|
19.76 USD |
|
10 years ago
Jun 06, 2014
|
Sell 236 K USD
|
CARROLL MILTON
Executive Chairman |
- 9795
|
24.11 USD |
|
10 years ago
May 05, 2014
|
Sell 253 K USD
|
CARROLL MILTON
Executive Chairman |
- 10333
|
24.44 USD |
7. News
CenterPoint Energy Completes All 42 of Its Initial Post-Beryl Commitments to Improve Resiliency and Strengthen Emergency Operations
Announcement follows completion of 350 more miles of newly hardened powerlines, on top of additional resiliency and hardening actions completed during Phase One of the Greater Houston Resiliency Initiative. HOUSTON , Nov. 14, 2024 /PRNewswire/ -- CenterPoint Energy today announced the completion of the last of its 42 critical initial actions and commitments it made to state leaders and customers in the aftermath of Hurricane Beryl to immediately strengthen the electric system and improve its storm response.
prnewswire.com
- 3 days ago
CenterPoint Energy Outlines Plan to Minimize May 2024 Derecho Storm Bill Impact for Electric Customers
Company plans to spread emergency Derecho response costs of approximately $450 million across 15 years; Customer bill impact expected to be about $1 per month Financial method expected to save customers more than $50 million in interest charges Derecho storm caused more than an estimated $5 billion in damages across the Greater Houston area unrelated to CenterPoint infrastructure HOUSTON , Nov. 8, 2024 /PRNewswire/ -- As part of its commitment to keeping customer bills more affordable, CenterPoint Energy today filed the first phase of a securitization plan (a lower cost way of financing recovery costs over a longer time period time) with the Public Utility Commission of Texas (PUCT) that would minimize the customer impact of the major May 2024 Derecho and late May storms, that resulted in approximately $450 million in repair, equipment and emergency response costs outside of CenterPoint's normal annual rates as set by the PUCT. Using this method of financing is expected to save customers more than $50 million in interest charges over the 15-year period.
prnewswire.com
- 1 week ago
CenterPoint Energy Plans to Work Toward Resolution of its 2024 Rate Case
Company has completed Phase One of the Greater Houston Resiliency Initiative; continues to make progress on Phase Two of the Greater Houston Resiliency Initiative to be better prepared for 2025 hurricane season; and will file its multi-year system resiliency plan by January 2025 Company has continued to communicate with intervening parties and plans to resume settlement talks immediately HOUSTON , Nov. 8, 2024 /PRNewswire/ -- CenterPoint Energy (CenterPoint) today announced its plans to proceed with settlement talks for its 2024 CenterPoint Energy Houston Electric (CEHE) rate case that the company had previously requested to withdraw on August 1, 2024. The CEHE 2024 rate case was first filed with Public Utility Commission of Texas (PUCT) and municipal regulatory authorities on March 6, 2024.
prnewswire.com
- 1 week ago
Hurricane Rafael Projected to Weaken and Remain in the Southern Gulf of Mexico over the Weekend and Could Bring Isolated Rain and Wind to Texas and Louisiana; CenterPoint Energy Will Continue to Monitor throughout the Weekend
Teams will remain on standby and ready to respond to any changes with enhanced staffing plans if needed Most CenterPoint teams will return to normal business operations status HOUSTON , Nov. 8, 2024 /PRNewswire/ -- Based on Friday weather forecasts from the National Hurricane Center and third parties, it is expected that Hurricane Rafael's projected path will weaken and remain in the southern Gulf of Mexico over the weekend. According to current projections, there could be isolated rain and wind across parts of Texas and Louisiana.
prnewswire.com
- 1 week ago
As Hurricane Rafael Crosses the South-Central Gulf of Mexico, CenterPoint Energy Continues to Monitor and Remains Ready to Respond
Teams remain ready to respond with enhanced staffing plans and conducting pre-landfall emergency preparedness protocols Customer natural gas disconnections have been suspended in Texas, Louisiana, and Mississippi to focus resources on preparation efforts HOUSTON , Nov. 7, 2024 /PRNewswire/ -- Following Rafael's rapid intensification into a Category 3 hurricane before striking Cuba on Wednesday, CenterPoint Energy continues to diligently monitor weather forecasts and remains ready to execute its emergency preparedness plans and potential restoration efforts following any landfall impacts in Louisiana, Mississippi, and Texas. The company is continuing to conduct pre-landfall emergency preparedness protocols and stands ready to deploy enhanced staffing plans across its Gulf Coast service area to help restore service related to any potential outages.
prnewswire.com
- 1 week ago
As Rafael Intensifies into Category 3 Hurricane, CenterPoint Energy Remains Vigilant and Prepared for Impacts Across Multi-State, Gulf Coast Service Area
Company continuing to urge electric and natural gas customers in Texas, Louisiana and Mississippi to take proactive safety measures Teams are instituting enhanced staffing plans and conducting pre-landfall emergency preparedness protocols ahead of the weather Customer natural gas disconnections have been suspended in Texas, Louisiana, and Mississippi to focus resources on preparation efforts HOUSTON , Nov. 6, 2024 /PRNewswire/ -- CenterPoint Energy continues to closely monitor forecasts and prepare for potential impacts from Hurricane Rafael, which has intensified into a Category 3 storm with maximum sustained winds of 115 mph. The company continues to mobilize resources, conduct pre-landfall emergency preparedness protocols and implement enhanced staffing plans to support potential landfall impacts in Louisiana, Mississippi, and Texas.
prnewswire.com
- 1 week ago
CenterPoint Energy Continuing to Plan and Prepare for Impacts from Tropical Storm Rafael Across its Multi-State Gulf Coast Service Area
CenterPoint continuing to monitor the latest weather updates and forecasts to be ready to respond to the potential effects of Tropical Storm Rafael Company continuing to communicate to electric and natural gas customers in Texas, Louisiana and Mississippi and coordinate with emergency partners More than 2.25 million natural gas customers in Texas, Louisiana and Mississippi have been urged to take proactive safety measures HOUSTON , Nov. 5, 2024 /PRNewswire/ -- With Tropical Storm Rafael continuing to organize today and grow stronger, CenterPoint Energy is diligently monitoring the weather and preparing for potential responses to impacts, which may occur in Louisiana, Mississippi and Texas. The company has been coordinating closely with emergency and agency partners, sharing safety information with customers and mobilizing resources across its service area in preparation for impacts and outages across its multi-state Gulf Coast service area.
prnewswire.com
- 1 week ago
CenterPoint Energy monitoring the Caribbean and Gulf of Mexico as Tropical Storm Rafael gains strength; 2024 hurricane season remains active
Company continues to take additional and enhanced actions to harden the grid as part of the Greater Houston Resiliency Initiative CenterPoint encourages customers to remain vigilant and have a plan for extreme weather HOUSTON , Nov. 4, 2024 /PRNewswire/ -- While fall is in full swing in many parts of the United States, CenterPoint Energy has been monitoring tropical developments over the weekend and is activating its emergency response plans. It is also making early preparations for any potential tropical storm or hurricane threats for this coming weekend.
prnewswire.com
- 1 week ago
CenterPoint Energy, Inc. (CNP) Q3 2024 Earnings Call Transcript
CenterPoint Energy, Inc. (NYSE:CNP ) Q3 2024 Earnings Conference Call October 28, 2024 8:00 AM ET Company Participants Jackie Richert - SVP, Corporate Planning, IR and Treasurer Jason Wells - CEO Chris Foster - CFO Conference Call Participants Shar Pourreza - Guggenheim Steve Fleishman - Wolfe Research Durgesh Chopra - Evercore Jeremy Tonet - JPMorgan Securities David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Operator Good morning, and welcome to CenterPoint Energy Third Quarter 2024 Earnings Conference Call with Senior Management. [Operator Instructions] I will now turn the call over to Jackie Richert, Senior Vice President of Corporate Planning, Investor Relations and Treasurer.
seekingalpha.com
- 2 weeks ago
CenterPoint (CNP) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for CenterPoint (CNP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 weeks ago
CenterPoint Energy Q3 Earnings Miss Estimates, Revenues Decline Y/Y
CNP generated revenues of $1.86 billion, which missed the Zacks Consensus Estimate by 1.2%. The top line also plunged 0.2% year over year.
zacks.com
- 2 weeks ago
CenterPoint Energy (CNP) Lags Q3 Earnings and Revenue Estimates
CenterPoint Energy (CNP) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.40 per share a year ago.
zacks.com
- 2 weeks ago
8. Profile Summary
CenterPoint Energy, Inc. CNP
COUNTRY
US
INDUSTRY
Regulated Electric
MARKET CAP
$ 20.1 B
Dividend Yield
0.68%
Description
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers. As of December 31, 2021, it served approximately 2.7 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 71,241 megavolt amperes; operated approximately 1,00,000 linear miles of natural gas distribution and transmission mains; and owned and operated 285 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.
Contact
1111 Louisiana Street, Houston, TX, 77002
https://www.centerpointenergy.com
IPO Date
Jan. 2, 1970
Employees
8827
Officers
Mr. Keith F. Stephens
Senior Vice President & Chief Communications Officer
Mr. Jacqueline M. Richert
Vice President of Investor Relations & Treasurer
Mr. Christopher A. Foster
Executive Vice President & Chief Financial Officer
Mr. Darin Carroll
Senior Vice President of Natural Gas Business
Ms. Lynne Louise Harkel-Rumford
Executive Vice President & Chief Human Resources Officer
Mr. Russell Keith Wright
Vice President, Financial Planning & Analysis and Interim Chief Accounting Officer
Mr. Kenneth E. Coleman
Senior Vice President & Chief Information Officer
Ms. Carol R. Helliker
Chief Ethics & Compliance Officer, Senior Vice President & Deputy General Counsel
Mr. Jason Michael Ryan
Executive Vice President of Regulatory Services & Government Affairs
Ms. Monica Karuturi
Executive Vice President & General Counsel