CenterPoint Energy is closely monitoring Hurricane Rafael’s path and remains ready to respond with enhanced staffing and emergency protocols to restore service in Louisiana, Mississippi, and Texas. The company has suspended natural gas disconnections and is sharing safety information with customers.
CenterPoint Energy (CNP) reported lower-than-expected third-quarter earnings, primarily due to increased operating expenses related to the Greater Houston Resiliency Initiative. Despite the miss, the company reaffirmed its 2024 EPS guidance and introduced a 2025 outlook, reflecting a continued focus on growth and resilience.
CenterPoint Energy is set to release its quarterly earnings on Monday, October 28th. Analysts are expecting an EPS of $0.44, and investors are hoping for positive news on the company’s future performance. This article provides a comprehensive overview of CenterPoint Energy’s recent performance, market sentiment, and key financial metrics, offering insights into what to expect from the upcoming earnings release.
BofA Securities analyst Ross Fowler has adjusted his ratings for NiSource Inc (NI) and CenterPoint Energy, Inc (CNP). He has reinstated a Buy rating for NiSource, citing the company’s strong performance and financial prudence. However, Fowler has maintained a Neutral rating for CenterPoint Energy, acknowledging the challenges the company faces in the aftermath of Hurricane Beryl.
CenterPoint Energy has appointed Keith Stephens as its new Senior Vice President and Chief Communications Officer. Stephens brings extensive experience in the utility industry and communications, particularly in crisis management and stakeholder engagement. His appointment underscores CenterPoint’s commitment to enhanced communications following Hurricane Beryl.
CenterPoint Energy Indiana South is looking for new energy generation technologies to meet the growing needs of its customers in southwestern Indiana. The company is seeking proposals for various energy sources including solar, wind, storage, and thermal generation. This initiative aims to diversify the energy portfolio and ensure reliable, cost-effective service to customers.
