CenterPoint Energy(CNP)
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Responding to Texas Governor's State of Emergency Declaration for Approaching Winter Storm, CenterPoint Energy Continues to Vigilantly Monitor Forecasts, Deploy Cold Weather Mitigations and Remains Ready to Respond to Potential Severe Weather Impacts
Prnewswire· 2025-01-08 20:20
CenterPoint has already completed its winter preparedness checklist and shared it with regulators and stakeholders and continues coordinating with emergency responders across Texas to prepare for expected winter storms this weekCompany urges customers to stay alert ahead of changing weather conditions and have a personal emergency plan in placeHOUSTON, Jan. 8, 2025 /PRNewswire/ -- With severe winter weather conditions forecasted to impact much of West and East Texas later this week and into the weekend, Tex ...
NI or CNP: Which Is a Better Utility Electric Power Stock?
ZACKS· 2025-01-07 12:55
Utilities benefit from various favorable factors, such as new electric rates, customer additions, cost management and the implementation of energy-efficiency programs. Also, the ongoing investments to improve the resiliency of electric infrastructure against extreme weather conditions and the ongoing transition to cost-effective, renewable energy sources to produce electricity aid the power industry.Utility service providers generally enjoy consistent revenue growth and profitability. Due to their capacity ...
CenterPoint Energy makes preparations for first major cold snap of 2025
Prnewswire· 2025-01-03 12:10
Texas, Louisiana and Mississippi teams prepare for potential storms and severe weather this weekend and major cold snap next week Indiana and Ohio teams prepare for ice and snowstorms expected next week HOUSTON, Jan. 3, 2025 /PRNewswire/ -- CenterPoint Energy continues to actively monitor potentially severe cold weather projected to impact parts of the company's service territories in Texas, Louisiana, Mississippi, Indiana and Ohio over the coming days. CenterPoint has taken a series of proactive pre-winte ...
CenterPoint Energy proposes solution to help mitigate ERCOT's regional energy shortfall in Central Texas while lowering Greater Houston-area customer bills
Prnewswire· 2024-12-19 21:05
Proposal would send all 15 large emergency generation units to the San Antonio region for two years starting in Spring 2025 Company would make no revenue or profit off the proposal to help ERCOT and the State; Greater Houston Area customer bills would be reduced starting in Spring 2025 HOUSTON, Dec. 19, 2024 /PRNewswire/ -- Today, CenterPoint Energy (CNP) proposed a solution to help the Electric Reliability Council of Texas (ERCOT) and the State of Texas to help offset the projected electricity supply short ...
CenterPoint Energy announces senior leadership changes
Prnewswire· 2024-12-16 13:15
Richard C. Leger appointed to lead CenterPoint Energy Gas business on a permanent basis Bertha Villatoro elevated to Chief Human Resources Officer Current CHRO Lynne Harkel-Rumford to retire HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced several senior leadership changes which will take effect on January 1, 2025. Those changes include the appointments of Richard C. Leger as Senior Vice President of CenterPoint's multi-state Gas business and Bertha Villatoro as S ...
CenterPoint Energy appoints Dean Seavers as new Board member
Prnewswire· 2024-12-16 12:15
HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for e ...
CenterPoint Energy Declares Regular Common Stock Dividend of $0.2200
Prnewswire· 2024-12-13 22:44
HOUSTON, Dec. 13, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on March 13, 2025 to shareholders of record at the close of business on February 20, 2025. This quarterly dividend represents a $0.010 increase over the prior quarter. This dividend growth rate aligns with the high end of the company's previously announced 6-8% non-GAAP earnings per ...
CenterPoint Energy launches "12 Days of Holiday Safety" winter campaign
Prnewswire· 2024-12-13 18:14
Holiday campaign to include daily social media tips to keep friends, family and neighbors safe during the holiday season and to promote the importance of preparedness and safety for winter storm season HOUSTON, Dec. 13, 2024 /PRNewswire/ -- As part of a company-wide effort to prepare for extreme weather and the 2025 winter storm season, CenterPoint Energy is launching a new "12 Days of Holiday Safety" campaign. The new holiday campaign will provide important daily winter and holiday safety tips and tools fo ...
Greater Houston Resiliency Initiative Phase Two Monthly Update: CenterPoint Energy continues to make good progress with more than 7,000 stronger poles installed across the area in less than 100 days
Prnewswire· 2024-12-12 20:54
Actions throughout GHRI Phase Two include installation of stronger poles, clearance of more vegetation miles, undergrounding of more power lines and additional "self-healing" devices When complete, GHRI Phase Two actions will improve reliability by saving customers more than 125 million fewer outage minutes annually. HOUSTON, Dec. 12, 2024 /PRNewswire/ -- Today, as part of the second phase of its Greater Houston Resiliency Initiative (GHRI), CenterPoint Energy shared it latest monthly progress update with n ...
CenterPoint (CNP) Up 10.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-27 17:35
A month has gone by since the last earnings report for CenterPoint Energy (CNP) . Shares have added about 10.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is CenterPoint due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. CenterPoint Energy Q3 Earnings Miss Estimate ...