Articles from CenterPoint Energy, Inc.

Houston, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) --  

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $193 million, or $0.30 per diluted share on a GAAP basis for the third quarter of 2024, compared to $0.40 per diluted share in the comparable period of 2023.

Houston, TX, Oct. 08, 2024 (GLOBE NEWSWIRE) --

CenterPoint Energy, Inc. (NYSECNP) today announced the pricing of an underwritten public offering of 9,754,194 shares of its common stock, par value $0.01 per share, at a public offering price of $25.63 per share, for expected gross proceeds of approximately $250 million before deducting estimated offering expenses. CenterPoint Energy intends to use the net proceeds from the offering for general corporate purposes, including repayment of a portion of our outstanding commercial paper. Proceeds from our commercial paper were used for general corporate purposes, including working capital purposes.

CenterPoint Energy, Inc. (NYSECNP) today announced that it intends to sell $250 million of shares of its common stock, par value $0.01 per share, in an underwritten public offering, subject to market and other conditions.

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported its second quarter 2024 earnings, reaffirmed its 2024 earnings guidance, and provided an update on its response to Hurricane Beryl, including the actions the company is taking to improve its emergency preparedness and response and customer communications.

Houston, TX, June 26, 2024 (GLOBE NEWSWIRE) --  

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $350 million, or $0.55 per diluted share on a GAAP basis for the first quarter of 2024, compared to $0.49 per diluted share in the comparable period of 2023.

Houston, TX, April 09, 2024 (GLOBE NEWSWIRE) --

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $192 million, or $0.30 per diluted share on a GAAP basis for the fourth quarter of 2023, compared to $0.19 per diluted share in the previous comparable period of 2022, and $867 million, or $1.37 per diluted share for the year ended December 31, 2023, compared to $1,008 million, or $1.59 per diluted share for the year ended December 31, 2022.

CenterPoint Energy, Inc. (NYSECNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion. The assets include approximately 12,000 miles of main pipeline in Louisiana and Mississippi serving approximately 380,000 metered customers. CenterPoint’s LDCs are the second largest natural gas LDCs in both Louisiana and Mississippi by customer accounts, with a combined workforce of approximately 550 employees.

Houston, TX, Jan. 17, 2024 (GLOBE NEWSWIRE) --  

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $256 million, or $0.40 per diluted share on a GAAP basis for the third quarter of 2023.

CenterPoint Energy, Inc. (NYSECNP) today announced a leadership transition that helps position the company to continue driving sustainable value for customers, communities, investors and employees. The Board has unanimously appointed Jason P. Wells, CenterPoint Energy President and Chief Operating Officer, to become President and Chief Executive Officer and a member of the Board of Directors, effective January 5, 2024. David J. Lesar will retire from his role as CEO and a member of the Board at that time. Mr. Lesar will continue to work closely with Mr. Wells to support a seamless transition.

Houston, TX, Oct. 02, 2023 (GLOBE NEWSWIRE) --

CenterPoint Energy, Inc. (NYSECNP) today announced the pricing of its offering of $900 million of 4.25% Convertible Senior Notes due 2026 (the “convertible notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In addition, CenterPoint Energy also granted the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.

CenterPoint Energy, Inc. (NYSECNP) today announced the commencement of its offering of $900 million of Convertible Senior Notes due 2026 (the “convertible notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In addition, CenterPoint Energy intends to grant the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $106 million, or $0.17 per diluted share on a GAAP basis for the second quarter of 2023. This income included loss and expense of $74 million, or $0.12 per share, related to the divestiture of Energy Systems Group, LLC. This is compared to $0.28 of diluted EPS for the second quarter of 2022, which included a one-time, $0.03 per share expense associated with the Arkansas and Oklahoma natural gas LDC sale.

Houston, TX, June 27, 2023 (GLOBE NEWSWIRE) --

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $313 million, or $0.49, per diluted share on a GAAP basis for the first quarter of 2023, compared to $0.82 of diluted EPS for the first quarter of 2022, which included the gains on the sale of the Energy Transfer common and preferred units, impacts associated with the Arkansas and Oklahoma natural gas LDC sale, and associated costs of the early extinguishment of debt related to those transactions.

Houston, TX, March 23, 2023 (GLOBE NEWSWIRE) --  

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $122 million, or $0.19 per diluted share on a GAAP basis, for the fourth quarter of 2022 compared to $1.01 of diluted EPS for the fourth quarter 2021 which included the impact of the merger between Enable Midstream, LP and Energy Transfer LP and subsequent divestitures of our midstream investment.

Houston, TX, Jan. 13, 2023 (GLOBE NEWSWIRE) --

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $189 million, or $0.30 per diluted share on a GAAP basis, for the third quarter of 2022 compared to $0.33 of diluted earnings per share, which included $0.08 of midstream earnings for the third quarter of 2021 and $0.04 of one-time items.

In conjunction with the CenterPoint Energy Board of Directors' continued focus on a comprehensive and ongoing succession planning process to support the company's long-term growth strategy, the company today announced the promotion of Jason P. Wells, Executive Vice President and Chief Financial Officer, to the role of President and Chief Operating Officer, effective January 1, 2023. Dave Lesar will continue to serve as Chief Executive Officer.

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $179 million, or $0.28 per diluted share on a GAAP basis, for the second quarter of 2022 compared to $0.37 of diluted earnings per share, including $0.09 of midstream for the second quarter of 2021.

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today announced it has achieved the final milestone in realigning its corporate structure after its acquisition of Vectren Corporation in 2019 to fund future capital investments more efficiently and better align with the company’s management and financial reporting. Included in the transaction was a successful exchange of $302 million Vectren Utility Holdings, Inc. (VUHI) private placement notes for new private placements notes issued by CenterPoint Energy Resources Corp. (CERC).

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $518 million, or $0.82 per diluted share, for the first quarter of 2022 compared to $0.56 of diluted earnings per share for the first quarter of 2021. The earnings for the first quarter included strategic transaction-related income of 35 cents including the gains on ET common units, midstream-related earnings, impacts associated with the gas LDC sale, and associated costs of the early extinguishment of debt related to the transactions.

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” continues to execute on its long-term strategic plan of becoming a pure-play regulated utility, with an improved business risk profile and strengthened balance sheet, to benefit both its customers and investors.

CenterPoint Energy, Inc. (NYSECNP) or “CenterPoint” today reported income available to common shareholders of $641 million, or $1.01 per diluted share, for the fourth quarter of 2021. For the full year, income available to common shareholders and earnings per diluted share were $1,391 million and $2.28, respectively.

CenterPoint Energy, Inc. (NYSECNP) today announced it is taking steps to reduce the company’s midstream exposure following the completion of Enable Midstream Partners, LP’s NYSE: ENBLNYSEENBL)(NYSE: ETNYSEET. CenterPoint’s 53.7% of Enable common units converted into 201 million ET common units. The settlement of CenterPoint’s previously announced contingent forward sale for 50 million ET common units, representing approximately 25% of CenterPoint’s ownership in ET common units, was triggered upon the completion of the merger between Enable and ET.

CenterPoint Energy, Inc. (NYSECNP) today reported income available to common shareholders of $195 million, or $0.32 per diluted share, for the third quarter of 2021, compared to income available to common shareholders of $69 million, or $0.13 per diluted share, for the third quarter of 2020.

CenterPoint Energy, Inc. (NYSECNP) (“CenterPoint”) today announced it will hold an Analyst Day on Thursday, September 23 at 9:00AM CT / 10:00AM ET to discuss the company’s long-term financial outlook and business strategy, including its net zero emissions targets.

CenterPoint Energy, Inc. (NYSECNP) today reported income available to common shareholders of $221 million, or $0.37 per diluted share, for the second quarter of 2021, compared to income available to common shareholders of $59 million, or $0.11 per diluted share, for the second quarter of 2020.

CenterPoint Energy, Inc. (NYSECNP) (“CenterPoint” or the “Company”) today announced the unanimous decision of the CenterPoint Board’s Independent Directors to implement a new independent board leadership and governance structure. The Board named Martin Nesbitt, chair of the Nominating and Governance Committee, as its new independent board chairman, effective immediately.

CenterPoint Energy, Inc. (NYSECNP) today reported income available to common shareholders of $334 million, or $0.56 per diluted share, for the first quarter of 2021, compared to a loss available to common shareholders of $1,228 million, or a loss of $2.44 per diluted share, for the first quarter of 2020. First quarter 2020 results included after-tax non-cash impairment charges related to our midstream investments.

CenterPoint Energy, Inc. (NYSECNP) (“CenterPoint”) today announced the sale of its Arkansas and Oklahoma natural gas LDC assets to Summit Utilities for $2.150 billion in cash, including recovery of approximately $425 million in cash of unrecovered storm-related incremental natural gas costs incurred in February 2021, subject to true-up at transaction close. The assets include approximately 17,000 miles of main pipeline in Arkansas, Oklahoma, and Texarkana serving more than half a million customers residing in high-quality regulatory jurisdictions.