Last $23.76 USD
Change Today +0.31 / 1.32%
Volume 1.9M
CNP On Other Exchanges
Symbol
Exchange
New York
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As of 5:15 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

centerpoint energy inc (CNP) Snapshot

Open
$23.45
Previous Close
$23.45
Day High
$23.80
Day Low
$23.43
52 Week High
06/30/14 - $25.75
52 Week Low
10/15/14 - $21.07
Market Cap
10.2B
Average Volume 10 Days
4.6M
EPS TTM
$1.19
Shares Outstanding
429.8M
EX-Date
11/12/14
P/E TM
20.0x
Dividend
$0.95
Dividend Yield
4.00%
Current Stock Chart for CENTERPOINT ENERGY INC (CNP)

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centerpoint energy inc (CNP) Details

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment is engaged in the transmission and distribution of electricity to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2013, this segment owned 28,113 pole miles of overhead distribution lines and 3,703 circuit miles of overhead transmission lines; 21,763 circuit miles of underground distribution lines and 24 circuit miles of underground transmission lines; and 234 substations with a capacity of 54,931 megavolt amperes. CenterPoint Energy, Inc.’s Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation services for residential, commercial, and industrial customers; and offers unregulated services consisting of residential appliance repair and maintenance services, as well as sells heating, ventilating and air conditioning equipment. This segment owned approximately 73,000 linear miles of natural gas distribution mains. The company’s Energy Services segment offers physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services and financial products. It owns and operates approximately 235 miles of intrastate pipelines. CenterPoint Energy, Inc.’s Midstream Investments segment provides gathering, processing, treating, compression, dehydration, and natural gas liquids fractionation for natural gas producers; and pipeline takeaway services for natural gas producers from supply basins to market hubs, as well as natural gas supply for industrial end users and utilities. This segment had approximately 11,000 miles of gathering pipelines, 7,900 miles of interstate pipelines, and approximately 2,300 miles of intrastate pipelines. The company was founded in 1882 and is headquartered in Houston, Texas.

8,591 Employees
Last Reported Date: 02/26/14
Founded in 1882

centerpoint energy inc (CNP) Top Compensated Officers

Executive Chairman
Total Annual Compensation: $262.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $567.3K
Group President of Corporate & Energy Service...
Total Annual Compensation: $509.5K
Compensation as of Fiscal Year 2013.

centerpoint energy inc (CNP) Key Developments

CenterPoint Energy, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Affirms Earnings Guidance for 2014

CenterPoint Energy, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $1,807 million against $1,640 million a year ago. Operating income was $233 million against $244 million a year ago. Income before income taxes was $213 million against $229 million a year ago. Net income was $143 million or $0.33 per basic and diluted share against $151 million or $0.35 per basic and diluted share a year ago. Total capital expenditures were $358 million against $329 million a year ago. For the nine months, the company reported total revenues of $6,854 million against $5,922 million a year ago. Operating income was $714 million against $799 million a year ago. Income before income taxes was $676 million against $606 million a year ago. Net income was $435 million or $1.01 per basic and diluted share against $198 million or $0.46 per basic and diluted share a year ago. Total capital expenditures were $987 million against $907 million a year ago. Net cash provided by operating activities was $1,124 million against $1,132 million a year ago. The company affirmed its earnings estimate for 2014 Utility Operations to be in the range of $0.72 to $0.76 per diluted share. The Utility Operations guidance range considers performance to date and significant variables that may impact earnings, such as weather, regulatory and judicial proceedings, throughput, commodity prices, effective tax rates, and financing activities. In providing this guidance, the company does not include other potential impacts, such as the impact of any changes in accounting standards, any impact to earnings from the change in the value of the ZENS securities and the related stocks, or the timing effects of mark-to-market accounting in the company's energy services business. The company affirmed its 2014 earnings estimate from Midstream Investments to be in the range of $0.42 to $0.45 per diluted share. In providing guidance, the company takes into account Enable's most recent public forecast, effective tax rates, the amortization of basis difference in Enable and other factors. On a consolidated basis, the company affirmed its earnings estimate for 2014 on a guidance basis to be in the range of $1.14 to $1.21 per diluted share.

CenterPoint Energy Announces Promotions to Three Executives

CenterPoint Energy announced the promotions of three company executives: Kristie Colvin has been named senior vice president and chief accounting officer. She joined the company in 1989 and has served in a variety of financial roles with increasing responsibility. Gary Hayes has been named senior vice president and chief information officer of the newly formed Technology Operations organization. Hayes joined CenterPoint Energy in 2010 and has more than 30 years of utility industry experience. Gregory Knight has been named senior vice president and chief customer officer of a newly created customer-focused organization responsible for developing and executing the company's customer interaction strategy to maximize customer acquisition and retention as well as further enhance the customer service experience. He has more than 20 years of experience in utilities and service industries.

CenterPoint Energy, Inc. Declares Quarterly Cash Dividend, Payable on Dec. 10, 2014

CenterPoint Energy, Inc.'s. board of directors declared a regular quarterly cash dividend of $0.2375 per share of common stock payable on Dec. 10, 2014, to shareholders of record as of the close of business on Nov. 14, 2014.

 

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CNP

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Valuation CNP Industry Range
Price/Earnings 18.2x
Price/Sales 1.1x
Price/Book 2.2x
Price/Cash Flow 6.4x
TEV/Sales 0.0x
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