Welcome to our dedicated page for Centerpoint Energy news (Ticker: CNP), a resource for investors and traders seeking the latest updates and insights on Centerpoint Energy stock.
CenterPoint Energy, Inc. reports developments for a multi-state electric and natural gas delivery company serving metered customers in Indiana, Minnesota, Ohio and Texas. The company’s recurring news covers regulated electric transmission and distribution, power generation, natural gas distribution, customer service initiatives and grid resiliency work, including storm-hardening, vegetation management, automation and other reliability-focused infrastructure upgrades.
CenterPoint Energy news also includes quarterly and annual operating results, dividend declarations, debt and convertible-note financing, capital investment plans, shareholder matters and Board governance updates. Company updates frequently connect earnings drivers to regulatory recovery, weather and usage, operating expense, interest expense and investment in system safety, reliability and resilience.
CenterPoint Energy's Indiana-based electric utility business, CenterPoint Energy Indiana South, has issued an All-Source Request for Proposals (RFP) to meet the energy needs of its 150,000 electric customers in southwestern Indiana. The RFP seeks generation technologies capable of providing fully accredited capacity by March 1, 2028. Proposals are encouraged for utility-scale solar, wind, storage projects, thermal generation, load-modifying resources, demand-side resources, and other innovative solutions.
Key dates include: RFP issued on August 15, 2024; Notice of Intent due August 28, 2024; Proposals due October 8, 2024. 1898 & Co., a division of Burns & McDonnell, will manage the RFP process. The 2024 RFP aligns with CenterPoint's commitment to maintain a reliable and sustainable energy supply and supports its Integrated Resource Plan (IRP).
CenterPoint Energy (NYSE: CNP) has priced a public offering of 9,754,194 shares of common stock at $25.63 per share, expecting to raise approximately $250 million in gross proceeds. The company plans to use the net proceeds for general corporate purposes, including repaying a portion of outstanding commercial paper. Barclays Capital Inc. and Citigroup are acting as joint book-running managers and underwriters for the offering. The offering is being made through CenterPoint Energy's effective shelf registration statement on Form S-3 filed with the SEC. Prospectus and related documents are available from the SEC's website and the underwriters.
CenterPoint Energy (NYSE: CNP) has announced a public offering of $250 million in common stock.
The proceeds from this offering will be used for general corporate purposes, including the repayment of a portion of outstanding commercial paper, which was initially utilized for general corporate purposes and working capital.
Barclays Capital Inc. and Citigroup are the joint book-running managers and underwriters for this offering. The offering is conducted through CenterPoint Energy’s effective shelf registration statement on Form S-3 previously filed with the SEC.
The offering will be made only via a prospectus and related prospectus supplement compliant with Section 10 of the Securities Act of 1933. Copies can be obtained from the SEC's website or directly from Barclays Capital Inc. and Citigroup. CenterPoint Energy's common stock is listed under the symbol CNP on the New York Stock Exchange and NYSE Chicago.
CenterPoint Energy (NYSE: CNP) reported Q2 2024 earnings and reaffirmed its 2024 guidance. The company earned $228 million (GAAP) and $234 million (non-GAAP), both equating to $0.36 per diluted share. CenterPoint also unveiled its Hurricane Beryl Action Plan, focusing on three key areas: Resiliency Investments, Best-in-Class Customer Communications, and Strengthened Partnerships. The plan aims to improve emergency preparedness, response, and customer communications. Initiatives include accelerating grid hardening, doubling vegetation management crews, launching a new outage tracker, and hiring an emergency response leader.
CenterPoint Energy, the only investor-owned electric and gas utility based in Texas, will host a webcast for its Q2 2024 earnings conference call on July 30, 2024, at 7:00 a.m. Central time (8:00 a.m. Eastern time). The webcast can be accessed through the company's investor relations website. Serving over 7 million metered customers across six states with electric transmission, distribution, power generation, and natural gas operations, CenterPoint Energy manages approximately $40 billion in assets as of March 31, 2024, and employs around 9,000 people. The company has a history spanning more than 150 years.
CenterPoint Energy, Inc. (CNP) reported strong Q1 2024 results with earnings of $0.55 per diluted share on a GAAP basis and a 10% increase in non-GAAP EPS compared to Q1 2023. The company announced the filing of Houston Electric's first Texas System Resiliency Plan with potential capital investment of $500 million. CenterPoint reiterated its 2024 non-GAAP EPS guidance range of $1.61-$1.63, showing 8% growth over 2023 and maintaining a growth target of 6%-8% until 2030.
Summary not available.
Summary not available.
Summary not available.
Summary not available.