CenterPoint Energy (CNP) Sector
Utilities

(Current) $29.51
0.08 (0.27%) Open Price: 29.51

 

CenterPoint Energy is a Houston-based energy company that provides electric and natural gas services to millions of customers across several states. Founded in 1882, the company has evolved from a traditional utility into a diversified energy services provider, offering a range of energy-related products and solutions.

 

CenterPoint Energy's primary business segments are electric transmission and distribution, natural gas distribution, and energy services. The electric transmission and distribution segment operates as an electric utility, serving customers in Texas and Mississippi. The company owns and maintains a significant portion of the electric infrastructure, including power lines, substations, and related equipment.

 

In the natural gas distribution segment, CenterPoint Energy delivers natural gas to residential, commercial, and industrial customers across several states, including Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company's extensive distribution network ensures the reliable supply of natural gas to homes and businesses.

 

CenterPoint Energy's energy services segment focuses on providing various energy-related solutions to customers, including energy efficiency programs, demand response services, and renewable energy options. This segment demonstrates the company's commitment to offering innovative solutions that align with changing energy trends and customer preferences.

 

With a long history in the energy industry, CenterPoint Energy has a strong track record of reliability, safety, and customer service. The company's strategic initiatives often revolve around modernizing and enhancing its infrastructure to meet evolving energy needs. Additionally, CenterPoint Energy seeks to remain at the forefront of industry trends by exploring opportunities in clean energy, grid modernization, and technological advancements.

 



 

(05/24/24) $29.51
(05/27/24) $29.43
(05/27/24) (Qty.)4,652,665
(05/24/24) $29.29
(05/24/24) $29.56
(05/05/24) $29.25
(05/19/24) $30.44
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