ERCOT Weather Watch issued for February 19-21 due to forecasted extreme cold weather across its region, meaning higher electrical demand and the potential for lower reserves    CenterPoint continues to monitor forecasts and perform readiness checks for its electric and natural gas systems ahead of potential freezing temperatures impacting the company's Texas service territoryCompany urges customers to have a plan and make winter weather preparations to stay safe and warmHOUSTON, Feb. 18, 2025 /PRNewswire/ - ...

In its upcoming report, CenterPoint Energy (CNP) is predicted by Wall Street analysts to post quarterly earnings of $0.40 per share, reflecting an increase of 25% compared to the same period last year. Revenues are forecasted to be $2.28 billion, representing a year-over-year increase of 4.6%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections dur ...

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CenterPoint Energy (CNP) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.CenterPoint Energy is one of 104 individual stocks in the Utilities sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers ...

CenterPoint Energy Houston Electric's enhanced Systemwide Resiliency Plan (SRP) expected to reduce outage impacts due to extreme weather and storms by 1.3 billion minutes into 2029100% of lines serving the most customers will have automation devices capable of self-healing; 99% of substations will be raised above the 500-year flood plain, more than 50% of CenterPoint's electric system will be undergrounded; and replace or install 130,000 stronger, more storm-resilient poles and braces The 2026-2028 SRP will ...

Settlement expected to result in approximately $50 million less revenue annually and a reduction in electric customer bills by about $1 a month for most customers while also continuing to deliver support for significant local economic growth and upgrades across Greater Houston areaCombination of rate case revenue reduction and other financial commitments, including some 2024 foregone storm recovery costs, would roughly equal the same amount that has been billed to CenterPoint customers for the temporary gen ...

Company Response to Winter Storm Enzo - Approximately 99 percent of CenterPoint's Greater Houston area customers maintained normal electric service during Winter Storm Enzo [1] - CenterPoint deactivated its Emergency Operations Center and returned to normal business operations as of noon today [1][2] - The company released 1,200 mutual aid workers who were brought in to prepare for the storm [1][7] Customer Communication and Support - CenterPoint encourages electric customers to enroll in Power Alert Service® for outage details and restoration updates [4] - Customers can use the cloud-based Outage Tracker to view outages by county, city, and zip code [4] - The company shared safety and preparedness information through direct outreach, press briefings, and social media [7] - Critical Care Residential and Chronic Condition Residential customers were contacted via email, phone, and/or text [7] Operational Preparedness - CenterPoint marshaled approximately 3,000 frontline electric workers and local contractors positioned across three staging areas in the Greater Houston area [7] - The company deployed four small temporary generation units to provide power to local warming centers during sub-freezing temperatures [7] Public Resources and Updates - Customers can access the latest information on CenterPoint's preparedness and response efforts at CenterPointEnergy.com/StormCenter [5] - Updates on company operations in the Greater Houston area and across Texas are available by following @CenterPoint_TX on social media [5] - The National Weather Service Forecast Office in Houston/Galveston provides the latest weather information at weather.gov/hgx [6]

Winter Storm Enzo Impact and Response - Over 99.9% of CenterPoint's customers in the Greater Houston area continue to have power as of 9 p.m. on Tuesday, with normal electric service maintained [1] - Approximately 28,500 customers have been restored since midnight, with crews addressing scattered outages caused by Winter Storm Enzo [1][2] - CenterPoint mobilized 3,000 local frontline workers, contractors, and mutual aid personnel to respond to the storm, with mutual aid workers now released to return to their home states [2][6] Preparation and Mitigation Efforts - CenterPoint's preparation plan significantly mitigated the number of overall outages during Winter Storm Enzo, with the company remaining vigilant for potential overnight impacts [3] - The company deployed four small temporary generation units to provide power to local warming centers amid freezing temperatures [6] - CenterPoint coordinated with government officials, providing regular updates on preparation and response activities to ensure customer support [6] Customer Communication and Resources - CenterPoint encourages electric customers to enroll in the Power Alert Service® for outage details, estimated restoration times, and customer-specific updates via phone, text, or email [4] - The company's cloud-based Outage Tracker, available in English and Spanish, allows customers to view outages by county, city, and zip code [4] - Customers can access the latest information on preparedness, safety tips, and the 2025 Winter Energy Guide at CenterPointEnergy.com/StormCenter or follow @CenterPoint_TX for updates [5][6] Critical Care and Community Support - CenterPoint conducted outreach to Critical Care Residential and Chronic Condition Residential electric customers via email, phone, and/or text to ensure their needs were addressed [6] - The company shared safety and preparedness information with customers through direct outreach, social media, and other platforms [6]

Company continues monitoring the evolving weather situation over the MLK Jr Holiday weekend and is activating nearly 1,200 additional mutual aid workers to help execute potential restoration work ERCOT has issued a Weather Watch for January 20-23 due to extreme cold weather across its region, meaning higher electrical demand, and the potential for lower reservesCenterPoint urges customers to have a plan and make winter weather preparations to stay safe and warmIn the event of ice or freezing precipitation e ...

Houston, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Date: January 16, 2025 Time: 7:00 a.m. Central time or 8:00 a.m. Eastern time Listen via internet: http://investors.centerpointenergy.com/ Click "Investors", and click the link "CenterPoint Energy, Inc. Fourth Quarter & Full Year 2024 Earnings Conference Call" As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generat ...

Pre-winter readiness actions completed by the company in December; crews performing readiness checklists for electric and natural gas systems Customers urged to have a plan and make preparations for potential freezing temperatures and wintry precipitation Since August 2024, CenterPoint has conducted approximately 3,500 miles of higher risk tree trimming and vegetation across the Greater Houston area HOUSTON, Jan. 15, 2025 /PRNewswire/ -- With cold temperatures again expected to impact CenterPoint Energy's s ...