Last €18.68 EUR
Change Today +0.218 / 1.18%
Volume 0.0
HOU On Other Exchanges
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As of 3:00 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

centerpoint energy inc (HOU) Snapshot

Open
€18.67
Previous Close
€18.47
Day High
€18.78
Day Low
€18.67
52 Week High
08/29/14 - €18.78
52 Week Low
12/16/13 - €16.33
Market Cap
8.0B
Average Volume 10 Days
18.5
EPS TTM
--
Shares Outstanding
429.8M
EX-Date
08/13/14
P/E TM
--
Dividend
€0.93
Dividend Yield
3.62%
Current Stock Chart for CENTERPOINT ENERGY INC (HOU)

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centerpoint energy inc (HOU) 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 (HOU) Top Compensated Officers

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

centerpoint energy inc (HOU) Key Developments

CenterPoint Energy, Inc. Announces Management Retirements, Effective August 31, 2014

On August 6, 2014, CenterPoint Energy, Inc. and Mr. Thomas R. Standish agreed that he will step down as Executive Vice President of the company effective August 31, 2014. Mr. Standish intends to remain with the Company until his expected retirement at the end of 2014 to assist with the transition of his responsibilities as part of the company's succession plan. In addition, on August 6, 2014, Mr. Walter L. Fitzgerald, Senior Vice President and Chief Accounting Officer of the company, notified the company that he is retiring effective August 31, 2014.

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

On July 24, 2014, CenterPoint Energy's board of directors declared a regular quarterly cash dividend of $0.2375 per share of common stock payable on September 10, 2014, to shareholders of record as of the close of business on August 15, 2014.

CenterPoint Energy, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Consolidated Earnings Guidance for the Year 2014

CenterPoint Energy, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net income of $107 million, or $0.25 per diluted share compared to a net loss of $100 million, or $0.23 per diluted share the previous year. Second quarter 2013 results included two unusual items related to the May 1, 2013, formation of the midstream partnership: a $225 million, non-cash deferred tax charge and $10 million of partnership formation expenses. Excluding these items, the second quarter 2013 net income would have been $131 million, or $0.30 per diluted share. Operating income was $186 million compared to $223 million a year ago. Income before income taxes was $169 million compared to $144 million a year ago. Total revenues were $1,884 million compared to $1,894 million a year ago. For the six months, net income was $292 million, or $0.68 per diluted share. This compares to net income of $47 million, or $0.11 per diluted share, for the same period of 2013. Excluding the two unusual items noted above, net income would have been $279 million, or $0.65 per diluted share. Operating income was $481 million compared to $555 million a year ago. Income before income taxes was $463 million compared to $377 million a year ago. Total revenues were $5,047 million compared to $4,282 million a year ago. Net cash provided by operating activities was $712 million compared to $790 million a year ago. The company provided consolidated earnings guidance for the year 2014. On a consolidated basis, the company increased its earnings estimate for 2014 on a guidance basis to be in the range of $1.14 to $1.21 per diluted share.

 

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Industry Analysis

HOU

Industry Average

Valuation HOU Industry Range
Price/Earnings 19.3x
Price/Sales 1.2x
Price/Book 2.4x
Price/Cash Flow 7.1x
TEV/Sales 0.1x
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