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Last $20.90 USD
Change Today +0.04 / 0.19%
Volume 3.6M
CNP On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

centerpoint energy inc (CNP) Snapshot

Open
$20.66
Previous Close
$20.86
Day High
$21.10
Day Low
$20.66
52 Week High
06/30/14 - $25.75
52 Week Low
03/13/15 - $20.23
Market Cap
9.0B
Average Volume 10 Days
3.5M
EPS TTM
$1.30
Shares Outstanding
429.9M
EX-Date
02/11/15
P/E TM
16.1x
Dividend
$0.99
Dividend Yield
4.59%
Current Stock Chart for CENTERPOINT ENERGY INC (CNP)

centerpoint energy inc (CNP) Related Businessweek News

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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 offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2014, this segment owned 28,282 pole miles of overhead distribution lines and 3,719 circuit miles of overhead transmission lines; 22,435 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 236 substations with a capacity of 57,477 megavolt amperes. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising 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 provides physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment provides gathering, processing, compression, treating, dehydration, and natural gas liquids fractionation for natural gas producers. This segment had approximately 11,900 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.

8,540 Employees
Last Reported Date: 02/26/15
Founded in 1882

centerpoint energy inc (CNP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $900.0K
Executive Chairman
Total Annual Compensation: $600.0K
Executive Vice President and President of Gas...
Total Annual Compensation: $433.6K
Executive Vice President and President of Ele...
Total Annual Compensation: $428.3K
Special Adviser to The Chief Executive Office...
Total Annual Compensation: $592.8K
Compensation as of Fiscal Year 2014.

centerpoint energy inc (CNP) Key Developments

R. A. Walker Announces Not to Stand for Re-Election as Director of CenterPoint Energy, Inc

On March 5, 2015, Mr. R. A. Walker informed the Board of Directors of CenterPoint Energy, Inc. of his decision not to stand for re-election as a director at the company's Annual Meeting of Shareholders to be held on April 23, 2015. The decision not to stand for re-election is not as a result of any disagreement with the company. Mr. Walker serves as a member of the Board's compensation committee and governance committee.

CenterPoint Energy, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for 2015; Declares Quarterly Cash Dividend, Payable on March 10, 2015

CenterPoint Energy's board of directors declared a regular quarterly cash dividend of $0.2475 per share of common stock payable on March 10, 2015, to shareholders of record as of the close of business on February 13, 2015. This represents a 4.2% increase from the previous quarterly dividend of $0.2375 and a 19% increase since the formation of Enable Midstream in May 2013. The company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of $176 million or $0.41 per diluted share compared to $113 million or $0.26 per diluted share the previous year. Revenues were $2,372 million against $2,184 million a year ago. Operating income was $221 million against $211 million a year ago. Income before income taxes was $209 million against $175 million a year ago. Capital expenditures were $415 million against $365 million a year ago. For the full year, the company reported net income was $611 million or $1.42 per diluted share against $311 million or $0.72 per diluted share a year ago. Revenues were $9,226 million against $8,106 million a year ago. Operating income was $935 million against $1,010 million a year ago. Income before income taxes was $885 million against $781 million a year ago. Net cash provided by operating activities was $1,397 million against $1,613 million a year ago. Capital expenditures were $1,402 million against $1,272 million a year ago. For 2015, the company expects earnings on a guidance basis for 2015 Utility Operations to be in the range of $0.71 to $0.75 per diluted share. The company expects its 2015 earnings estimate from Midstream Investments to be in the range of $0.29 to $0.35 per diluted share. On a consolidated basis, the company expects earnings on a guidance basis for 2015 to be in the range of $1.00 to $1.10 per diluted share. The company has assumed a consolidated effective tax rate of approximately 37%, which includes a 38% booked tax rate for Enable's earning and an average share count of 431 million shares.

CenterPoint Energy, Inc. Unveils New Enhancement to Current Electric Outage Communications

CenterPoint Energy has unveiled a new enhancement to its current electric outage communications. Building on the company's investments in smart grid technology, the Power Alert Service automatically notifies consumers through SMS text, e-mail or phone call whenever a power outage or other power problem is detected at or near their address. The service includes estimates of when power will be restored and updates throughout the repair process.

 

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Industry Analysis

CNP

Industry Average

Valuation CNP Industry Range
Price/Earnings 14.8x
Price/Sales 1.0x
Price/Book 2.0x
Price/Cash Flow 5.5x
TEV/Sales NM Not Meaningful
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