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. Read More
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint Energy” announced today that it has commenced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for (i) up to $600,000,000 aggregate purchase price (excluding Accrued Interest (as defined below)) (the “CenterPoint Energy Notes Maximum Amount”) of its 5.25% Senior Notes due 2026, 3.70% Senior Notes due 2049, 4.25% Senior Notes due 2028, 5.40% Senior Notes due 2029, 2.95% Senior Notes due 2030 and 2.65% Senior Notes due 2031 (collectively, the “CenterPoint Energy Notes”), in the priorities set forth in the first table below (the “CenterPoint Energy Notes Tender Offers”), and (ii) up to $400,000,000 aggregate purchase price (excluding Accrued Interest) (the “CERC Notes Maximum Amount” and, together with the CenterPoint Energy Notes Maximum Amount, the “Maximum Amounts”) of the 4.10% Senior Notes due 2047 (the “CERC 2047 Notes”), 5.40% Senior Notes due 2033, 5.25% Senior Notes due 2028, 5.40% Senior Notes due 2034 and 4.40% Senior Notes due 2032 issued by its wholly-owned subsidiary, CenterPoint Energy Resources Corp. (“CERC”) (collectively, the “CERC Notes” and, together with the CenterPoint Energy Notes, the “Notes”), in the priorities set forth in the second table below (the “CERC Notes Tender Offers”); provided, that the offer to purchase the CERC 2047 Notes will be subject to an aggregate principal amount sublimit of $150,000,000 (the “CERC 2047 Notes Tender Cap”). Each group of Tender Offers that constitutes either the CenterPoint Energy Notes Tender Offers or the CERC Notes Tender Offers is referred to as the “Capped Tender Offers.”
CenterPoint Energy's adjusted EPS of 53 cents is in line with consensus. The company plans to expand its capital investment and expects 50% increase in electric demand growth in its service territory by 2031.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported net income of $297 million, or $0.45 per diluted share on a GAAP basis for the first quarter of 2025, compared to $0.55 per diluted share in the comparable period of 2024. This quarter over quarter unfavorable GAAP EPS variance was primarily driven by the loss on sale related to the Louisiana and Mississippi gas local distribution company (“LDC”) sale.
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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. (NYSE: CNP) 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.
