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CenterPoint Energy Inc: Overview

CenterPoint Energy Inc (CenterPoint) is an energy utility company which carries out electric transmission and distribution, and natural gas distribution. It also carries out natural gas sales and service, and provides pipeline services and other field services. The company markets regulated intrastate natural gas, provides natural gas transportation services, and offers unregulated services comprising residential appliance repair and maintenance. It also sells heating, ventilating and air conditioning (HVAC) equipment. CenterPoint provides gathering, processing, compression, treating, dehydration, and natural gas liquids fractionation for natural gas producers. The company serves residential, industrial, municipalities, electric cooperatives, and commercial customers in various states in the US. CenterPoint is headquartered in Houston, Texas, the US.

Headquarters United States of America

Address 1111 Louisiana, Houston, Texas, 77002


Telephone 1 713 2071111

No of Employees 9,418

Industry Power

Ticker Symbol & Exchange CNP (NYSE)

Revenue (2020) $8.4B 12.6% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 292.2% (2020 vs 2019)

Market Cap* $18.2B

Net Profit Margin (2020) XXX 270.7% (2020 vs 2019)

* As of and is in US$

Access premium data and analytics for CenterPoint Energy Inc

60+

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with CenterPoint Energy Inc.

50+

Power Plants

Access key information on power plants and upcoming projects for CenterPoint Energy Inc. View Information by various power generating sources, project demographics, commercial and technical information.

20+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for CenterPoint Energy Inc.

3

Smart Grid

Tracks all upcoming smart grid projects across the globe. It provides detailed information about advanced grid & IT infrastructure, microgrid, automation and other smart infrastructure projects.

1

Energy Storage Projects

Understand the energy storage landscape for CenterPoint Energy Inc, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

160+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

13+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

1

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for CenterPoint Energy Inc (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for CenterPoint Energy Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on CenterPoint Energy Inc’s likely spend across technology areas enabling you to understand the digital strategy.

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Products and Services

Products Services
Electricity Residential Appliance Repair and Maintenance
Natural Gas Electric Transmission and Distribution
Natural Gas Distribution
XXX
XXX
XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In August, the company's CenterPoint Energy Indiana South entered into an agreement with Invenergy to build the solar array project in Pike County, Indiana, the US.
2022 Others In August, the company announced to delay retirement of a coal-fired power plant in Indiana.
2022 Regulatory Approval In June, the company's subsidiary, CenterPoint Energy Indiana South, received regulatory approval for the construction of natural gas generation turbines.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Get Started
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Competitor Comparison

Key Parameters CenterPoint Energy Inc Exelon Corp Southern Co NextEra Energy Inc DTE Energy Co
Headquarters United States of America United States of America United States of America United States of America United States of America
City Houston Chicago Atlanta Juno Beach Detroit
State/Province Texas Illinois Georgia Florida Michigan
No. of Employees 9,418 31,518 27,300 15,000 10,300
Entity Type Public Public Public Public Public
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Martin H. Nesbitt Chairman Executive Board 2021 59
David J. Lesar President; Chief Executive Officer Executive Board 2020 67
Jason P. Wells Chief Financial Officer; Executive Vice President Senior Management 2020 44
Lynne Harkel-Rumford Executive Vice President; Chief Human Resources Officer Senior Management 2022 65
Jason M. Ryan Executive Vice President - Regulatory Services and Government Affairs Senior Management 2022 46
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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