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CenterPoint Energy, Inc. - $CNP STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CenterPoint Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CenterPoint Energy's position in the market.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary

CenterPoint Energy, Inc. (NYSE: CNP) disclosed the outcomes of the 2024 annual shareholder gathering, where proposals concerning board member elections, auditing firm ratification, and executive compensation were approved.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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Rhea-AI Summary

CenterPoint Energy, Inc. (NYSE: CNP) announced a regular quarterly cash dividend of $0.2000 per share for its Common Stock. The dividend is payable on June 13, 2024, to shareholders of record as of May 16, 2024.

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Rhea-AI Sentiment
End-of-Day
1.28%
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dividends
Rhea-AI Summary
CenterPoint Energy, Inc. (CNP) announces its First Quarter 2024 Earnings Conference Call scheduled for April 30, 2024. The company, serving over 7 million customers across multiple states, owns assets worth $40 billion as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.22%
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conferences earnings
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Rhea-AI Summary
CenterPoint Energy, Inc. (CNP) has scheduled its 2024 Annual Meeting of Shareholders for April 26, 2024, at 9 a.m. CT. Shareholders holding CNP stock as of March 1, 2024, will receive meeting notices and voting eligibility.
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Rhea-AI Sentiment
End-of-Day
0.25%
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Rhea-AI Summary
CenterPoint Energy, Inc. (CNP) reported strong Q4 2023 earnings with $0.30 per diluted share and full year 2023 earnings of $1.37 per diluted share on a GAAP basis. Non-GAAP EPS for Q4 2023 was $0.32 and $1.50 for full year 2023, marking a 9% increase over 2022. The company increased its 10-year capital plan to $44.5 billion through 2030, reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63, and aims for 8% growth in 2024 and 6%-8% annually thereafter through 2030.
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-0.32%
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Rhea-AI Summary
CenterPoint Energy, Inc. announces the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners for $1.2 billion. The transaction is valued at approximately 32 times the 2023 earnings of the LDCs. The sale will enable CenterPoint to recycle $1 billion in cash proceeds to support its capital plan, while also allowing the company to reprioritize future investments. The closing is expected by the end of the first quarter of 2025 and will not impact the company's targeted utility non-GAAP EPS growth rate. CenterPoint reaffirms its confidence in its Natural Gas Business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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Rhea-AI Summary
CenterPoint Energy, Inc. (CNP) reported its Fourth Quarter and Full Year 2023 Earnings, showcasing its position as the only investor-owned electric and gas utility in Texas. The company serves over 7 million metered customers in six states and owns approximately $39 billion in assets as of September 30, 2023. With a history of over 150 years, CenterPoint Energy is a major player in the energy delivery sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
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conferences earnings
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Rhea-AI Summary
CenterPoint Energy, Inc. (NYSE: CNP) declares a regular quarterly cash dividend of $0.2000 per share, payable on March 14, 2024, to shareholders of record at the close of business on February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
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dividends
Rhea-AI Summary
CenterPoint Energy reports Q3 2023 earnings of $0.40 per diluted share and increases non-GAAP EPS guidance for 2023. The company also raises its 10-year capital plan to $43.9 billion.
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Rhea-AI Sentiment
End-of-Day
0.51%
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CenterPoint Energy, Inc.

NYSE:CNP

CNP Rankings

CNP Stock Data

18.94B
628.59M
0.34%
93.19%
1.85%
Electric Power Distribution
Utilities
Link
United States of America
HOUSTON

About CNP

centerpoint energy, inc., headquartered in houston, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. the company serves more than five million metered customers primarily in arkansas, louisiana, minnesota, mississippi, oklahoma, and texas. the company also owns a 54.7 percent limited partner interest in enable midstream partners, a publicly traded master limited partnership it jointly controls with oge energy corp., which owns, operates and develops natural gas and crude oil infrastructure assets. with more than 8,500 employees, centerpoint energy and its predecessor companies have been in business for more than 140 years. for more information, visit the website at www.centerpointenergy.com.