CenterPoint Energy is a utility company that provides electric and natural gas services to millions of customers across multiple states
The company engages in the generation, transmission, and distribution of electricity as well as the distribution of natural gas. In addition to its core utility operations, CenterPoint Energy is involved in various energy-related activities, including infrastructure investments and energy efficiency programs. The company is committed to delivering reliable energy solutions while focusing on sustainability and environmental stewardship. Through its services, CenterPoint Energy plays a vital role in powering homes and businesses and supporting economic growth in the regions it serves.
The additional investment aims to strengthen grid resilience in the Houston region as the company prepares for a surge in electricity demand from new data centers and other industrial expansions.
CenterPoint Energy Inc. reported a 25% increase in adjusted EPS, in line with consensus. Plans for grid resiliency and forecast of 50% electric demand growth in Houston region by 2031.
CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $248 million, or $0.38 per diluted share on a GAAP basis for the fourth quarter of 2024, compared to $0.30 per diluted share in the comparable period of 2023.
Investor sentiment turned optimistic towards risk assets early this week as plummeting oil prices, driven by Israel's decision not to target Iran's crude facilities during weekend attacks, eased concerns over an escalated Middle Eastern conflict and
CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $193 million, or $0.30 per diluted share on a GAAP basis for the third quarter of 2024, compared to $0.40 per diluted share in the comparable period of 2023.
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CenterPoint Energy, Inc. (NYSECNP) today announced the pricing of an underwritten public offering of 9,754,194 shares of its common stock, par value $0.01 per share, at a public offering price of $25.63 per share, for expected gross proceeds of approximately $250 million before deducting estimated offering expenses. CenterPoint Energy intends to use the net proceeds from the offering for general corporate purposes, including repayment of a portion of our outstanding commercial paper. Proceeds from our commercial paper were used for general corporate purposes, including working capital purposes.
