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CenterPoint Energy building the workforce of the future to implement $53 billion in long-term investments to support Houston's growth and critical resiliency work
Prnewswire· 2025-07-25 09:00
Core Points - CenterPoint Energy is accelerating hiring efforts to recruit 200 new lineworkers by the end of 2025 and nearly 800 by 2030 to support local energy demands and infrastructure investments [1][3] - The company is investing over $53 billion in local energy projects as part of its 10-year capital expenditure plan, which aims to enhance the resiliency of the coastal grid [1][2] - The local demand for electric workers in the Greater Houston area is projected to exceed 11,000 workers over the next five years, with energy demand expected to increase by nearly 50% by 2031 [3] Workforce Development Initiatives - CenterPoint is launching the Energy Expressway™ program, a free multi-week training initiative designed to equip participants with technical and customer service skills for careers in the energy industry [4] - The inaugural class of the Energy Expressway™ program will begin in October, with 35 applicants selected to support apprentice and journey lineworkers [4] - The workforce expansion is critical for implementing the 2026-2028 Systemwide Resiliency Plan, which aims to reduce outages for customers by nearly 1 billion minutes by 2029 [3] Company Overview - CenterPoint Energy, Inc. serves approximately 7 million metered customers across multiple states, including Texas, and has approximately $44 billion in assets as of June 30, 2025 [6] - The company has a long history of over 150 years in providing electric and natural gas services and employs around 8,300 individuals [6]
CenterPoint Energy Q2 Earnings Miss Estimates, Revenues Improve Y/Y
ZACKS· 2025-07-24 15:46
Key Takeaways CNP posted Q2 adjusted EPS of 29 cents, missing estimates and down from 36 cents last year.Earnings were hurt by cost increases and unfavorable timing of capital recovery mechanisms.CNP reaffirmed 2025 EPS guidance of $1.74-$1.76, in line with the $1.75 of the Zacks Consensus Estimate.CenterPoint Energy, Inc. ((CNP) reported second-quarter 2025 adjusted earnings of 29 cents per share, which lagged the Zacks Consensus Estimate of 34 cents by 14.7%. The bottom line also declined 19.4% from the y ...
CenterPoint Energy(CNP) - 2025 Q2 - Earnings Call Transcript
2025-07-24 13:02
CenterPoint Energy (CNP) Q2 2025 Earnings Call July 24, 2025 08:00 AM ET Company ParticipantsBen Vallejo - Director - IRJason Wells - CEO, President & DirectorChristopher Foster - EVP & CFONicholas Campanella - DirectorAndrew Weisel - DirectorBill Appicelli - Executive Director & Head - North America Power & Utilities ResearchAnthony Crowdell - Managing DirectorPaul Fremont - MD - Equity ResearchConference Call ParticipantsJulien Dumoulin-Smith - II-Ranked & 'Hall of Fame' Research Analyst covering Power, U ...
CenterPoint Energy(CNP) - 2025 Q2 - Earnings Call Transcript
2025-07-24 13:00
CenterPoint Energy (CNP) Q2 2025 Earnings Call July 24, 2025 08:00 AM ET Speaker0Good morning, and welcome to CenterPoint Energy's second quarter two thousand twenty five earnings conference call with senior management. During the company's prepared remarks, all participants are in listen only mode. There will be a question and answer session after management's remarks. To ask a question, please press star one 1 on your touch tone keypad. I will now turn the call over to Ben Vallejo, Director of Investor Re ...
CenterPoint Energy (CNP) Q2 Earnings Lag Estimates
ZACKS· 2025-07-24 12:21
CenterPoint Energy (CNP) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.71%. A quarter ago, it was expected that this energy delivery company would post earnings of $0.55 per share when it actually produced earnings of $0.53, delivering a surprise of -3.64%.Over the last four qua ...
CenterPoint Energy(CNP) - 2025 Q2 - Earnings Call Presentation
2025-07-24 12:00
Cautionary Statement and Other Disclaimer This presentation and the oral statements made in connection herewith contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this presentation and the oral statements made in connection herewith are forward-looking statements made in good faith by CenterPoint Energy, Inc. ("CenterPoint Energy" or th ...
CenterPoint Energy(CNP) - 2025 Q2 - Quarterly Results
2025-07-24 10:09
SECOND QUARTER 2025 INVESTOR UPDATE Cautionary Statement and Other Disclaimer This pressual in and the colsation and the consection reseal to or the research of the renesition of shoulds in the Security of Security of Edit 1974. One Securits curres p atasemis nota in cornecipin leavelith ne inspealith on stammer mare in pool alth on Cantifert Esman ins "Contribut Every of the Compel") and any riselle room into the secti ComePettfiennic presentations, beloka, paia, statediae, sola, statestians, lann uperidir ...
CenterPoint Energy(CNP) - 2025 Q2 - Quarterly Report
2025-07-24 10:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________________ TO __________________ Commission file number 1-31447 WASHINGTON, D.C. 20549 __________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 CenterPoint Energy, Inc. (Exact name of registrant as specified in i ...
Significant reliability improvements in 2025: CenterPoint Energy's Greater Houston Resiliency Initiative helps deliver 45% reduction in customer outage minutes across Houston in first half of year
Prnewswire· 2025-07-23 19:25
Average customer outage minutes decreased every month in first half of 2025 compared to last year; outage minutes year-to-date are also significantly below the five-year averageNumber of outages related to trees, branches and other vegetation contacting lines down about 33% compared with the same time period in 2024Actions taken to strengthen system and improve reliability included historic investment in more storm-resistant poles, automation devices, undergrounding power lines and clearing of hazardous veg ...
CenterPoint Energy任命Jesus Soto Jr为首席运营官。
news flash· 2025-07-21 17:36
CenterPoint Energy任命Jesus Soto Jr为首席运营官。 ...