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CenterPoint EnergyNYSE: CNP

Profile

Sector:

Utilities

Industry:

Electric

Country:

United States

IPO:

02 January 1970

Next earnings report:

20 February 2025

Last dividends:

15 August 2024

Next dividends:

21 November 2024
$20.53 B
-1%vs. 3y high
76%vs. sector
-23%vs. 3y high
58%vs. sector
-13%vs. 3y high
60%vs. sector
0%vs. 3y high
53%vs. sector

Price

regular market | 1 min ago
$31.50-$0.28(-0.87%)
$1.86 B$2.23 B
$1.86 B$193.00 M

Analysts recommendations

Institutional Ownership

CNP Latest News

Greater Houston Resiliency Initiative Progress Update: CenterPoint Energy Makes Significant Advances on Critical Resiliency Actions
prnewswire.com19 November 2024 Sentiment: POSITIVE

CenterPoint Energy has made significant progress in enhancing storm resilience in the Greater Houston area as part of its Greater Houston Resiliency Initiative. In just two months, the company has installed nearly 4,600 stronger poles, cleared over 800 miles of risky vegetation, and put more than 100 miles of power lines underground. Additionally, they have added numerous intelligent grid switching devices to improve restoration times during extreme weather events.

CenterPoint Energy Completes All 42 of Its Initial Post-Beryl Commitments to Improve Resiliency and Strengthen Emergency Operations
prnewswire.com14 November 2024 Sentiment: POSITIVE

The announcement comes after the addition of 350 miles of strengthened powerlines, along with other improvements made during the first phase of the Greater Houston Resiliency Initiative. On November 14, 2024, CenterPoint Energy revealed that it has finished all 42 key actions it promised to state leaders and customers following Hurricane Beryl to enhance the electric system and its response to storms.

CenterPoint Energy Outlines Plan to Minimize May 2024 Derecho Storm Bill Impact for Electric Customers
prnewswire.com08 November 2024 Sentiment: POSITIVE

CenterPoint Energy has announced a plan to spread the costs of the emergency response to the Derecho storm, which amounts to about $450 million, over 15 years. This approach is expected to increase customer bills by around $1 per month while saving them over $50 million in interest charges. The storm caused damages exceeding $5 billion in the Greater Houston area, unrelated to CenterPoint's infrastructure.

CenterPoint Energy Plans to Work Toward Resolution of its 2024 Rate Case
prnewswire.com08 November 2024 Sentiment: POSITIVE

The company has finished Phase One of the Greater Houston Resiliency Initiative and is making progress on Phase Two to prepare for the 2025 hurricane season. They plan to submit their multi-year system resiliency plan by January 2025 and will restart settlement discussions soon. On November 8, 2024, CenterPoint Energy announced its intention to continue settlement talks for its 2024 rate case, which it had previously tried to withdraw.

CenterPoint Energy, Inc. (CNP) Q3 2024 Earnings Call Transcript
seekingalpha.com28 October 2024 Sentiment: NEUTRAL

CenterPoint Energy, Inc. (NYSE:CNP) will hold its Q3 2024 Earnings Conference Call on October 28, 2024, at 8:00 AM ET. The call will feature company leaders, including Jackie Richert, Jason Wells, and Chris Foster, along with analysts from various financial firms. The operator will now hand over the call to Jackie Richert, who is the Senior Vice President of Corporate Planning, Investor Relations, and Treasurer.

CenterPoint (CNP) Reports Q3 Earnings: What Key Metrics Have to Say
zacks.com28 October 2024 Sentiment: POSITIVE

The main figures for CenterPoint (CNP) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

CenterPoint Energy Q3 Earnings Miss Estimates, Revenues Decline Y/Y
zacks.com28 October 2024 Sentiment: NEGATIVE

CNP earned $1.86 billion in revenue, falling short of the Zacks Consensus Estimate by 1.2%. Additionally, this figure decreased by 0.2% compared to the same period last year.

CenterPoint Energy (CNP) Lags Q3 Earnings and Revenue Estimates
zacks.com28 October 2024 Sentiment: NEGATIVE

CenterPoint Energy (CNP) reported quarterly earnings of $0.31 per share, which is lower than the Zacks Consensus Estimate of $0.36 per share. This is a decrease compared to earnings of $0.40 per share from the same period last year.

CenterPoint Energy reports Q3 2024 results; reiterates 2024 full year guidance and initiates 2025 full year guidance
businesswire.com28 October 2024 Sentiment: NEUTRAL

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP), referred to as "CenterPoint," announced that its income for common shareholders was $193 million, or $0.30 per diluted share, for the third quarter of 2024. This is a decrease from $0.40 per diluted share in the same quarter of 2023. The non-GAAP earnings per share for the third quarter of 2024 were $0.31, which is $0.09 lower than the previous year.

CenterPoint Energy makes publicly available the independent third-party review by PA Consulting Group about the company'sHurricane Beryl response
prnewswire.com25 October 2024 Sentiment: POSITIVE

An independent expert report has provided 77 suggestions to enhance storm response, and CenterPoint Energy has already finished or is working on two-thirds of these recommendations. The report, released on October 25, 2024, focuses on improving readiness, response, and communication during major storms and emergencies, following Hurricane Beryl. CenterPoint is also reviewing the remaining 26 recommendations to find more ways to help its customers.

What type of business is CenterPoint Energy?

CenterPoint Energy, Inc. is an American energy holding company headquartered in Houston, Texas, specializing in the transmission and distribution of electricity, as well as the production of electricity and natural gas. It also provides services for the construction and repair of underground pipelines, among others. The company was founded in 1882. It conducts its operations through a number of its own subsidiaries: - Houston Electric - provides electricity transmission and distribution services on the Gulf Coast of Texas. - CERC Corp. - owns and operates natural gas distribution facilities and supplies natural gas. - CNP Midstream - owns, operates, and develops energy infrastructure assets. - Vectren - provides services for the construction and repair of underground pipelines.

What sector is CenterPoint Energy in?

CenterPoint Energy is in the Utilities sector

What industry is CenterPoint Energy in?

CenterPoint Energy is in the Electric industry

What country is CenterPoint Energy from?

CenterPoint Energy is headquartered in United States

When did CenterPoint Energy go public?

CenterPoint Energy initial public offering (IPO) was on 02 January 1970

What is CenterPoint Energy website?

https://www.centerpointenergy.com

Is CenterPoint Energy in the S&P 500?

Yes, CenterPoint Energy is included in the S&P 500 index

Is CenterPoint Energy in the NASDAQ 100?

No, CenterPoint Energy is not included in the NASDAQ 100 index

Is CenterPoint Energy in the Dow Jones?

No, CenterPoint Energy is not included in the Dow Jones index

When was CenterPoint Energy the previous earnings report?

No data

When does CenterPoint Energy earnings report?

The next expected earnings date for CenterPoint Energy is 20 February 2025