CenterPoint Energy(US:CNP)2025-07-24 12:00Financial Performance & Guidance - CenterPoint Energy delivered $029 non-GAAP EPS for the second quarter[11] - The company reaffirmed its 2025 non-GAAP EPS guidance target range of $174 - $176, which at the midpoint, would represent 8% growth from 2024[10, 11] - The company is targeting top quartile non-GAAP EPS annual growth of 8% in 2025 and dividend per share growth in line with non-GAAP EPS[10] - CenterPoint Energy is targeting sustainable non-GAAP EPS and dividend per share growth at the mid-to-high end of 6 - 8% annually through 2030[10] - The company delivered 141% TTM 2Q 2025 FFO/Debt[11] Capital Investment & Strategic Initiatives - The company increased its 10-year capital investment plan by $55 billion since FYE 2024[11, 20] - The company plans to efficiently fund its robust capital investment plan through asset recycling, securitization proceeds, and $275 billion of equity or equity-like proceeds through 2030[10] - CenterPoint Energy announced a process to sell its Ohio Gas LDC and derisked '26 & '27 equity needs through forward sales of common equity of approximately $165 million under ATM & $920 million Equity forward sale[11, 12] - The company's May Storms Financing Order was approved, and the Hurricane Beryl filing is in mediation[11] Resiliency & Reliability - The company is undertaking resiliency capital investments & activities of approximately $32 billion from 2026 through 2028[16] - The company expects a 30% strengthening of overall resiliency, savings of approximately $25 million per year in storm-related distribution costs, reductions in outages by over 900 million minutes into 2029, and avoidance of over 500K outages during a Beryl-like storm[17]