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 (NYSE: CNP) operates as one of the largest combined electric and natural gas utilities in the United States, headquartered in Houston and serving over five million customers across Texas, Arkansas, Louisiana, Minnesota, Mississippi, and Oklahoma. News coverage for this utility spans regulatory proceedings, infrastructure investments, storm response operations, and financial performance updates.
As a major utility operating in the hurricane-prone Gulf Coast region, CenterPoint frequently generates news related to severe weather preparation and grid reliability initiatives. The company's significant presence in the fast-growing Houston metropolitan area means infrastructure expansion and grid modernization projects regularly appear in earnings announcements and regulatory filings. Capital investment decisions, rate case proceedings, and service reliability metrics drive much of the company's news flow.
CenterPoint's dual focus on electric transmission and natural gas distribution creates news across multiple energy sectors. The company's equity interest in midstream energy infrastructure adds another dimension to its news profile, with developments in natural gas gathering and processing occasionally impacting the overall business outlook. Investors following CNP track both the regulated utility operations and the company's exposure to broader energy market conditions.
Bookmark this page to follow CenterPoint Energy's regulatory developments, quarterly earnings releases, infrastructure investment announcements, and storm response updates that shape this major Texas utility's business trajectory.
CenterPoint Energy (CNP) reported that 99.9% of its Greater Houston area customers maintain power service despite the ongoing Winter Storm Enzo. The company has restored power to approximately 18,700 customers since the storm began, with only 2,800 customers currently experiencing outages. Around 3,000 personnel, including 1,200 mutual aid workers, are actively responding to scattered outages across the 12-county service area.
The company has deployed four temporary generation units to local warming centers and maintains its Emergency Operations Center activation. CenterPoint is coordinating with state and local emergency partners while serving its 2.8 million customers. The National Weather Service's Winter Storm Warning remains in effect through 6 p.m. today, with an Extreme Cold Watch following until Wednesday morning.
CenterPoint Energy (CNP) is preparing for Winter Storm Enzo, expected to impact the Greater Houston area starting Monday evening. The company has secured 1,200 additional mutual aid workers and is setting up three staging sites to support potential restoration efforts.
The National Weather Service has upgraded to a Winter Storm Warning for Southeast Texas from 6 p.m. Monday through 6 p.m. Tuesday. ERCOT issued a Weather Watch from Monday to Wednesday due to extreme cold weather, though grid conditions are expected to remain normal.
The company has implemented its cold weather readiness plan, including infrastructure winterization across Texas and securing additional call center resources. CenterPoint serves 2.8 million electric customers and has established multiple communication channels, including their Storm Center and Power Alert Service®, to keep customers informed during the weather event.
CenterPoint Energy is preparing for a significant winter storm expected to hit the Greater Houston area starting Monday evening. The company has secured 1,200 additional mutual aid workers arriving Monday and is establishing three staging sites for potential restoration efforts. The National Weather Service has issued a Winter Storm Watch for Southeast Texas from 6:00 p.m. Monday through 6:00 p.m. Tuesday, with forecasts predicting freezing precipitation and accumulation.
ERCOT has issued a Weather Watch for January 20-23 due to expected extreme cold weather, higher electrical demand, and potential lower reserves. CenterPoint has implemented its cold weather readiness plan, including infrastructure winterization and coordination with emergency responders. The company has also launched its Winter Energy Guide, providing safety tips and resources for customers during the winter heating season.
CenterPoint Energy (CNP) is preparing for severe cold weather and potential icy conditions in the Greater Houston area during the MLK Jr. Holiday weekend. The company has secured 1,200 additional mutual aid workers, including 430 vegetation management workers and 750 line workers, to support potential restoration efforts.
ERCOT has issued a Weather Watch for January 20-23 due to expected extreme cold weather, higher electrical demand, and potential lower reserves, though grid conditions are currently expected to be normal. CenterPoint has implemented a cold weather action plan, including infrastructure winterization across Texas and coordination with emergency responders.
The company has launched its Winter Energy Guide, an online resource hub providing safety, energy savings, and bill management tips. CenterPoint emphasizes safety measures regarding downed power lines, portable generators, space heaters, and natural gas safety during winter conditions.
CenterPoint Energy (NYSE: CNP) has announced its Fourth Quarter & Full Year 2024 Earnings Conference Call, scheduled for January 16, 2025, at 7:00 a.m. Central time (8:00 a.m. Eastern time). The earnings webcast will be accessible through the company's investor relations website.
CenterPoint Energy is Texas's only investor-owned electric and gas utility, serving over 7 million metered customers across six states: Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. The company operates electric transmission and distribution, power generation, and natural gas distribution services. As of December 31, 2023, CenterPoint Energy held approximately $40 billion in assets and employed around 9,000 people.
CenterPoint Energy is implementing its cold weather readiness plan for the second major cold snap of 2025 expected to impact its Texas service territory over the holiday weekend. The company has completed pre-winter preparations and is actively monitoring weather forecasts through its Emergency Response and Meteorology teams.
Key preparedness actions include:
- Inspection of all 270 substations and critical equipment
- Installation of heaters and ice prevention devices
- Completion of approximately 3,500 miles of high-risk tree trimming since August 2024
- Deployment of cold weather mitigations across electric and gas infrastructure
The forecast indicates potential ice and snow accumulation in the Greater Houston area beginning on MLK Day. CenterPoint has submitted its annual winter readiness declarations to both ERCOT and the Railroad Commission of Texas, demonstrating compliance with regulatory requirements adopted in 2021.
CenterPoint Energy (CNP) has announced the launch of state-specific social media accounts on X (formerly Twitter) for Texas, Indiana, Ohio, and Minnesota, starting in 2025. This initiative aims to provide more tailored local content and information to customers across its multi-state service territory.
The new accounts will share state-specific updates on company news, energy industry issues, weather updates, energy efficiency tips, emergency response, and outage information. The accounts can be found as @CenterPoint_TX, @CenterPoint_IN, @CenterPoint_OH, and @CenterPoint_MN. The company will maintain geotargeting on Facebook and Nextdoor, while LinkedIn and Instagram remain enterprise-level channels.
Customers in Louisiana and Mississippi will continue using the main @CenterPoint account until the completion of the previously announced natural gas assets sale in Q1 2025.
CenterPoint Energy is actively preparing for severe winter weather conditions expected to impact Texas. Following Governor Abbott's emergency declaration, the company has completed its winter preparedness checklist and is coordinating with emergency responders across Texas.
The company has implemented comprehensive winter preparedness measures, including inspecting all 270 substations, installing heaters to prevent ice damage, and maintaining freeze protection equipment. CenterPoint has submitted winter readiness declarations to both ERCOT and the Railroad Commission of Texas, confirming compliance with regulatory requirements adopted in 2021.
For natural gas operations, CenterPoint has positioned Compressed Natural Gas trucks for system support and validated station cold weather settings. The company has launched its Winter Energy Guide, an online resource hub for customers, and improved its cloud-based Outage Tracker system, which now includes Spanish language support and provides updates every five minutes.
CenterPoint Energy is actively preparing for severe cold weather expected to impact its service territories in Texas, Louisiana, Mississippi, Indiana, and Ohio. The company has implemented comprehensive winter readiness measures across its electric and natural gas infrastructure, including:
- Inspection of 270 substations and critical equipment
- Installation of heaters and ice prevention devices
- Maintenance of freeze protection equipment
- Emergency training for operational personnel
- Positioning of Compressed Natural Gas trucks for system support
In Indiana, forecasts predict significant ice accumulation that could affect power lines. The company has submitted winter readiness declarations to ERCOT and the Railroad Commission of Texas, demonstrating compliance with regulatory requirements adopted in 2021. CenterPoint has also launched a Winter Energy Guide online resource hub and encourages electric customers to enroll in Power Alert Service® for outage updates.
CenterPoint Energy (CNP) has released a comprehensive New Year's resolution checklist for 2025, focusing on energy efficiency, bill management, and safety measures. The company outlines several initiatives including energy-saving programs, ENERGY STAR® LED adoption, and appliance rebates. The checklist emphasizes smart home solutions like thermostats and weatherization tips.
The company also promotes various billing solutions including payment plans for customers facing financial hardship, paperless billing, and Budget Billing to manage seasonal cost fluctuations. Safety recommendations include proper space heater usage, regular detector maintenance, carbon monoxide awareness, and natural gas leak protocols.
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