Last €18.41 EUR
Change Today +0.125 / 0.68%
Volume 0.0
HOU On Other Exchanges
Symbol
Exchange
Berlin
As of 3:01 AM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

centerpoint energy inc (HOU) Snapshot

Open
€18.43
Previous Close
€18.28
Day High
€18.54
Day Low
€18.41
52 Week High
01/30/15 - €20.50
52 Week Low
03/11/14 - €16.49
Market Cap
7.9B
Average Volume 10 Days
5.4
EPS TTM
--
Shares Outstanding
429.8M
EX-Date
02/11/15
P/E TM
--
Dividend
€0.97
Dividend Yield
4.10%
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 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 (HOU) Top Compensated Officers

Executive Chairman
Total Annual Compensation: $262.5K
Special Adviser to The Chief Executive Office...
Total Annual Compensation: $567.3K
Compensation as of Fiscal Year 2013.

centerpoint energy inc (HOU) Key Developments

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.

CenterPoint Energy, Inc. to Build and Upgrade Electric Transmission Facilities to Serve Freeport LNG Project

CenterPoint Energy, Inc. announced that it will build new and expand existing electric transmission infrastructure to provide the 656 MWs needed to serve the liquefied natural gas export project currently under construction on Quintana Island in Brazoria County. Freeport LNG Development, L.P. is building the facilities to liquefy natural gas prior to export from the terminal. The approximately $80 million transmission project includes a new 345/138kV substation and multiple 138kV transmission system upgrades. In 2014, the company submitted a proposal to the Electric Reliability Council of Texas to meet the increased needs of the project. Earlier this month, the ERCOT board of directors endorsed the proposed transmission project which is expected to be completed in mid-2017. Operations at the Freeport LNG facility are expected to commence in 2018. The significant new load at Freeport LNG's project also underscores the need for company's planned Houston Import Project. ERCOT identified the proposed line as critical to provide an additional power supply into the Houston area by summer 2018.

 

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HOU

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Valuation HOU Industry Range
Price/Earnings 14.6x
Price/Sales 1.0x
Price/Book 2.0x
Price/Cash Flow 5.5x
TEV/Sales NM Not Meaningful
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