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CenterPoint Energy Inc CNP

Market Closed
18 Jun, 20:00
NYSE NYSE
$
31. 00
+0.31
+1.01%
Pre Market
$
30. 69
-0.31 -1%
19.77B Market Cap
22.9 P/E Ratio
0.8% Div Yield
4,129,500 Volume
1.5 Eps
$ 30.69
Previous Close
Day Range
30.56 31.02
Year Range
25.42 31.43

CNP Chart

CenterPoint Energy Inc Profile

Utilities - Regulated Electric Industry
Utilities Sector
Mr. Jason P. Wells CEO
NYSE Exchange
US15189T1079 ISIN
US Country
8,827 Employees
13 Jun 2024 Last Dividend
1 Oct 2002 Last Split
2 Jan 1970 IPO Date

Overview

CenterPoint Energy, Inc. is a notable public utility holding company based in the United States, with its origins tracing back to 1866. The company's headquarters are situated in Houston, Texas, reflecting its strong presence in several states, including Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. It operates through two primary segments: Electric and Natural Gas. CenterPoint Energy plays a critical role in providing transmission, distribution, and generation services for electricity, while also delivering natural gas to a wide array of customers, ranging from residential to industrial and institutional sectors. The company’s infrastructure and operations are substantial, with a notable number of metered customers and extensive facilities that underline its capacity and commitment to energy distribution and services.

Products and Services

  • Electric Transmission and Distribution
  • This segment focuses on the delivery of electricity to customers, alongside managing electric generation assets. CenterPoint Energy also partakes in optimizing these assets within the wholesale power market, ensuring reliable electricity supply and distribution across its service territories.

  • Natural Gas Sales and Distribution
  • CenterPoint Energy is engaged in the sales and distribution of natural gas to diverse customer sectors including residential, commercial, industrial, and institutional clients. The company's operations in this segment highlight its role in ensuring the consistent provision of natural gas, facilitated through a comprehensive network of pipelines and service connections.

  • Pipeline Connections and Repair Services
  • Through its Natural Gas segment, CenterPoint Energy maintains permanent pipeline connections by interfacing with various interstate and intrastate pipeline companies. Additionally, it offers maintenance and repair services for home appliances, predominantly in Minnesota. This service extends to providing home repair protection plans through third parties in select states, adding an essential layer of customer support and service reliability.

Contact Information

Address: 1111 Louisiana Street, Houston, TX, United States, 77002
Phone: 713 207 1111