Historic series of Greater Houston Resiliency Initiative key improvements completed ahead of schedule to strengthen the grid and reduce the impact of outages from major storms Joint emergency response exercise completed; community safety and preparedness events continue with emergency officials and local partners CenterPoint continues proactive outreach and communication efforts across Greater Houston service area to help customers prepare for upcoming storm season HOUSTON , June 3, 2025 /PRNewswire/ -- With the 2025 Atlantic hurricane season officially underway, CenterPoint Energy is reinforcing the resiliency and preparedness efforts the company already completed to strengthen grid resiliency, improve local emergency coordination and help communities and customers better prepare for potential severe weather. Last month, CenterPoint held its 2025 emergency response exercise as part of a coordinated effort with public officials, emergency response managers and community partners to improve local cooperation and response efforts.
– Once-weekly TransCon CNP demonstrated significantly higher annualized growth velocity, the primary endpoint, compared to placebo
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CenterPoint Energy (CNP) have what it takes?
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General Utilities Industry | Utilities Sector | Mr. Jason P. Wells CPA CEO | XBER Exchange | US15189T1079 ISIN |
US Country | 8,872 Employees | 15 May 2025 Last Dividend | 1 Oct 2002 Last Split | 2 Jan 1970 IPO Date |
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.
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.
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.
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.