CenterPoint Energy(CNP)
Search documents
CenterPoint Energy Winter Storm Update: Over 99 percent of CenterPoint customers have power across Greater Houston area; Teams actively repairing weather-related damages and restoring power as soon as possible
Prnewswire· 2026-01-25 13:43
Core Insights - A winter storm is impacting the Greater Houston area, with hard freezes expected and over 3,300 workers mobilized for damage assessment and power restoration [1][2][3] Company Response - CenterPoint Energy has deployed an expanded workforce of 3,300 workers to assess and repair weather-related damages, with less than 2,000 customers currently experiencing outages, representing less than 1% of its 2.9 million customers [2][3] - The company activated its Emergency Operations Center on January 21 to prepare for the winter storm, including staging over 700 natural gas workers and inspecting critical electric equipment [5][9] - CenterPoint has conducted outreach to Critical Care customers and is providing regular updates to government officials and the media regarding its preparation and response efforts [5][6] Safety Measures - The company emphasizes safety by reminding customers to stay at least 35 feet away from downed power lines and to report any such incidents immediately [4] - CenterPoint encourages customers to enroll in its Power Alert Service for updates on outages and restoration times [6] Preparedness Actions - CenterPoint has implemented winter readiness activities since fall 2025, including weatherization requirements and emergency training for personnel [6][9] - The company has donated and installed over 20 emergency backup generators and positioned 17 compressed natural gas trailers to enhance local emergency preparedness [9] Customer Communication - CenterPoint provides an Outage Tracker for customers to monitor outages by county, city, and zip code, ensuring accessibility for all users [7]
CenterPoint Energy's 3,300-person expanded electric workforce pre-positioned at area staging sites and ready to mobilize ahead of late-night winter weather
Prnewswire· 2026-01-24 18:17
Core Viewpoint - CenterPoint Energy is mobilizing resources and personnel in preparation for a significant winter weather event expected to impact Southeast Texas, emphasizing customer safety and service continuity [1][3]. Emergency Preparedness - 100% of CenterPoint's 3,300 line skills workers and contractors will be in place by 12 p.m. Saturday to respond to the winter weather [1]. - The Emergency Operations Center has been fully activated with approximately 200 personnel and will remain operational throughout the storm [2]. - Over 700 natural gas workers and contractors are being deployed to support the response efforts during the weekend [2][5]. Safety Measures - The company urges the public to heed local officials' guidance and stay off roads from Saturday night through Monday due to hazardous conditions [1]. - Customers are reminded to assume downed power lines are energized and to maintain a safe distance from them [4]. Equipment and Resource Readiness - CenterPoint has positioned 17 compressed natural gas (CNG) trailers to ensure supply availability and has pre-staged electric restoration equipment, including over 9,200 distribution poles and more than 11,500 transformers [5]. - The company is inspecting nearly 200 natural gas regulator stations and has installed heaters to prevent ice damage [5]. Customer Communication - CenterPoint encourages customers to enroll in the Power Alert Service® for updates on outages and restoration times [6]. - Customers can access storm-related safety tips in multiple languages through the company's website [7]. Company Overview - CenterPoint Energy, Inc. serves over 7 million metered customers across Texas and other states, with approximately $45 billion in assets as of September 30, 2025 [9]. - The company has been operational for over 150 years and employs around 8,300 individuals [9].
CenterPoint Energy activates staging sites and begins onboarding additional emergency response resources as preparations continue ahead of this weekend's approaching winter weather conditions
Prnewswire· 2026-01-23 14:32
Core Points - CenterPoint Energy is preparing for severe winter weather in Southeast Texas, with approximately 3,300 electric employees and contract workers pre-staged for storm preparation and restoration efforts [1][8] - The State of Texas has issued a disaster declaration in anticipation of the weather impacts, and CenterPoint is coordinating closely with government officials and emergency agencies [4] - The company has activated its Emergency Operations Center and is deploying over 700 natural gas workers and contractors to support the response [9][15] Preparation and Response - CenterPoint has established three staging sites in the Greater Houston area to pre-position resources for potential restoration efforts [1][10] - The company has enhanced its natural gas infrastructure with hardening measures and has placed Compressed Natural Gas trucks at 13 strategic locations to support the system [7][15] - CenterPoint's winter readiness plan includes monitoring weather forecasts and encouraging customers to stay informed and prepared for cold weather [5][11] Customer Communication and Safety - Customers are urged to have an emergency plan in place and can access storm-related safety tips through CenterPoint's website [12] - The company offers a Power Alert Service for customers to receive updates on winter storm outages and restoration times [11][13] - CenterPoint is conducting outreach to critical care customers and has implemented enhanced communication strategies to keep customers informed [15]
CenterPoint Energy ramps up customer communications as 3,300-person expanded workforce continues preparations and emergency response efforts ahead of winter weather system forecasted to impact Texas
Prnewswire· 2026-01-22 21:54
Core Viewpoint - CenterPoint Energy is actively preparing for an impending winter weather system affecting Houston and Southeast Texas, emphasizing customer communication and operational readiness to ensure reliable electric and natural gas service [1][2][6]. Group 1: Emergency Preparedness - Approximately 3,300 employees and contract workers are mobilized to support storm preparation and restoration efforts [1][4]. - The Emergency Operations Center is fully staffed and operational, with daily briefings scheduled to update on weather conditions and response strategies [1][3]. - The State of Texas has issued a disaster declaration in anticipation of the weather impacts, while ERCOT has issued a Weather Watch for the upcoming days [1][3]. Group 2: Customer Communication - The company is enhancing customer communications through various channels, including emails, phone calls, and text messages, to keep customers informed about safety and preparedness [1][2]. - Customers are encouraged to prepare for the winter weather and utilize the Action Center for storm-related safety tips available in multiple languages [2][8]. Group 3: Weather Forecast and Safety - Current forecasts indicate potential ice accumulation, and customers are advised to prepare for hazardous travel and a hard freeze [3][4]. - The company reminds customers to treat downed power lines as energized and dangerous, urging them to maintain a safe distance [3]. Group 4: Resource Allocation - CenterPoint has activated three staging sites to pre-position resources in areas expected to be most affected by the winter weather [5]. - The company has secured over 600 additional frontline workers to bolster its workforce in response to the storm [4][5]. Group 5: Community Support - The CenterPoint Energy Foundation has awarded a $1 million grant to The Salvation Army to enhance disaster response capabilities in the Greater Houston area [7]. - The foundation aims to support vulnerable populations during severe weather events through coordinated emergency relief efforts [7]. Group 6: Operational Readiness - The company is coordinating with government officials and emergency agencies to monitor weather models and deploy cold weather mitigations across its infrastructure [6][11]. - CenterPoint is conducting inspections and testing of critical electric equipment and has positioned Compressed Natural Gas (CNG) trucks at strategic locations for potential deployment [11].
CenterPoint Energy continues to prepare for weekend winter weather and secures 600 additional frontline workers to support emergency response efforts as ERCOT issues Weather Watch and Texas Governor declares State of Emergency
Prnewswire· 2026-01-22 03:09
Core Insights - CenterPoint Energy has mobilized approximately 3,300 employees and contract workers to prepare for a severe winter weather system impacting Houston and Southeast Texas [1][2] - The company has activated its Emergency Operations Center and secured an additional 600 frontline workers to enhance its response capabilities [2][6] - CenterPoint is coordinating with local officials and emergency agencies to monitor weather conditions and implement cold weather mitigations across its infrastructure [3][4] Workforce and Operations - The expanded workforce includes about 2,500 internal line workers and local contractors, alongside the newly secured 600 frontline workers [2][5] - Three staging sites have been established in strategic locations to pre-position resources for potential restoration efforts [5] - The Emergency Operations Center will remain active throughout the weekend to execute the cold weather action plan [2][4] Weather Preparedness - CenterPoint has conducted proactive measures to winterize its electric and natural gas infrastructure, including inspections and testing of critical equipment [6][14] - The company is actively monitoring weather models and has positioned Compressed Natural Gas (CNG) trucks at 14 locations for potential deployment [14] - Over 19,000 hours of emergency training have been conducted in 2025 to enhance severe weather preparation and response [14] Community Support - CenterPoint Energy Foundation awarded a $1 million grant to The Salvation Army to support disaster response capabilities in the Greater Houston area [9] - The foundation aims to enhance community resilience and safety during severe weather events [9] Customer Communication - Customers are encouraged to enroll in the Power Alert Service® for updates on winter storm outages and restoration times [10] - The company provides storm-related safety tips and encourages customers to prepare emergency plans [11][12]
CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter 2025 Earnings Conference Call on February 19, 2026
Globenewswire· 2026-01-20 21:30
Core Viewpoint - CenterPoint Energy, Inc. is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across four states, with a significant asset base of $44 billion as of mid-2025 [1]. Company Overview - CenterPoint Energy, Inc. is headquartered in Houston, Texas, and is the only Texas-domiciled investor-owned utility [1]. - The company has a workforce of approximately 8,300 employees and has been serving customers for over 150 years [1]. Financial Information - As of June 30, 2025, CenterPoint Energy reported approximately $44 billion in assets [1].
3 Data Center Beneficiaries Raising Dividends Up to 60%
Yahoo Finance· 2026-01-19 19:39
Core Insights - Three stocks are experiencing rising dividends due to increased demand for data centers, with some raising dividends by as much as 60%, indicating earnings stability and attractiveness for income investors [3]. Group 1: CenterPoint Energy (CNP) - CenterPoint Energy, a regulated utility company based in Houston, achieved a total return of approximately 24% in 2025, driven by data center expansion [3]. - The company forecasts a peak load demand increase of 10 GW by 2031, representing a 50% increase over six years [4]. - CenterPoint raised its quarterly dividend to 23 cents per share, marking a 4.5% increase from the previous payout, resulting in an indicated dividend yield of approximately 2.1% [5]. Group 2: TD SYNNEX (SNX) - TD SYNNEX, a distributor of personal computers and hardware, delivered a total return of just under 30% in 2025, with significant growth attributed to its Hyve division, which provides custom servers and networking solutions [6]. - The Hyve division's gross billings rose by more than 50% last quarter, driven by strong demand in cloud data center infrastructure from hyperscaler customers [8].
Earnings Preview: What To Expect From CenterPoint Energy's Report
Yahoo Finance· 2026-01-19 13:58
Core Insights - CenterPoint Energy, Inc. (CNP) has a market capitalization of $25.9 billion and operates as a public utility holding company in the U.S., providing electric and natural gas services to over 2.8 million customers [1] Financial Performance - Analysts expect CNP to report an adjusted EPS of $0.47 for fiscal Q4 2025, reflecting a 17.5% increase from $0.40 in the same quarter last year [2] - For fiscal 2025, the projected adjusted EPS is $1.77, which is a 9.3% rise from $1.62 in fiscal 2024 [3] - In Q3 2025, CNP reported an adjusted EPS of $0.50, marking a more than 60% increase compared to Q3 2024, and net income of $293 million for the quarter [5] Stock Performance - CNP stock has risen by 21.1% over the past 52 weeks, outperforming the S&P 500 Index's gain of 16.9% and the State Street Utilities Select Sector SPDR ETF's return of 10.2% [4] Analyst Ratings - The consensus rating for CNP stock is "Moderate Buy," with 17 analysts providing coverage, including eight "Strong Buys" and nine "Holds" [6] - The average analyst price target for CenterPoint Energy is $42.40, suggesting a potential upside of 6.8% from current levels [6]
This AMD Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday - Advanced Micro Devices (NASDAQ:AMD), CenterPoint Energy (NYSE:CNP)
Benzinga· 2026-01-13 12:50
Core Viewpoint - Top Wall Street analysts have revised their outlook on several prominent companies, indicating potential shifts in investment sentiment and opportunities in the market [1] Company Analysis - Analysts are considering buying AMD stock, suggesting a positive outlook for the company amidst recent changes in ratings [1]
CNP to Benefit From Infrastructure Upgradation & Renewable Expansion
ZACKS· 2025-12-29 14:50
Core Insights - CenterPoint Energy, Inc. (CNP) is focused on systematic investments to enhance its infrastructure, improve transmission and distribution networks, upgrade the grid, and expand its renewable energy portfolio to provide clean energy to customers [1] - The company's long-term earnings growth rate is projected at 8.86% over the next three to five years [1] Tailwinds - Rising electricity consumption from residential and commercial sectors, driven by the electrification of transportation and buildings, as well as the growth of AI-based data centers, is increasing demand for utility services, leading to higher sales for CenterPoint Energy [2] Capital Investment Plan - CenterPoint Energy has a long-term capital investment plan of $65 billion for the period 2026-2035 aimed at modernizing the grid system, which includes upgrading underground distribution lines and installing self-healing automation devices to enhance grid resilience and reliability [3] - These investments are expected to reduce the frequency and duration of outages while lowering operating costs [3] Renewable Energy Expansion - The company is expanding its energy portfolio by adding renewable and clean energy sources, targeting approximately 1,000 megawatts (MW) of wind and solar generation capacity by 2026 [4] - Additionally, CenterPoint aims to add 200 MW each of wind and solar resources by 2030, with a potential need for an additional 400 MW of wind resources by 2032 [4] Headwinds - Tariffs imposed by the U.S. government on imports, including solar panels, pose a significant threat to the company's solar project development, potentially increasing costs and impacting the financial viability of projects [5] Price Performance - Over the past year, CNP shares have increased by 20.3%, although this growth lags behind the industry's growth of 21.1% [6] Zacks Rank & Comparisons - CenterPoint Energy currently holds a Zacks Rank 3 (Hold), while competitors such as Dominion Energy, Inc. (D), NextEra Energy, Inc. (NEE), and OGE Energy Corp. (OGE) have better rankings with Zacks Rank 2 (Buy) [9] - These competitors have delivered average earnings surprises of 12.72%, 4.39%, and 10.45% over the last four quarters, respectively [9]