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July 27, 2024

CenterPoint Energy (CNP)

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CenterPoint CEO Promises PUC Utility Will ‘Improve’
CenterPoint Energy executives appeared before Texas regulators to apologize for the company’s slow restoration following Hurricane Beryl’s landfall and promised to do better next time.
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CenterPoint Under Fire for Its Beryl Response
Beleaguered Texas utility CenterPoint Energy has come under fire from the state’s political leadership, lawmakers, regulators and citizens over its slow restoration efforts following a Category 1 hurricane.
© RTO Insider LLC
Hurricane Beryl Leaves 2.7M Customers Without Power
Hurricane Beryl ripped through the Houston area after making a landfall on the Texas Gulf Coast July 8 as a Category 1 storm, leaving a trail of death and destruction in its wake.
CenterPoint Energy
CenterPoint Names New CEO to Replace Lesar
CenterPoint Energy CFO Jason Wells, named to replace the retiring David Lesar as CEO in January, will "hit the ground running" in 2024.
© RTO Insider LLC
Down Day: Xcel, AEP, CenterPoint Shares Slide After Earnings
Xcel Energy, AEP and CenterPoint energy reported lower second-quarter earnings during a down day for utilities and other sectors on Wall Street.
CenterPoint Energy
CenterPoint’s $43B Capex Plan on Track
CenterPoint Energy navigated high interest rates and mild winter weather for a "tremendous start" to 2023 and is on its way to deploying $43 billion in capital.
CenterPoint Energy
CenterPoint to Invest $43B, Addressing Customer Growth
CenterPoint Energy plans to increase its 10-year capital plan to $43 billion through 2030, focusing on additional investments in grid reliability and modernization.
Entergy
Entergy Learning from Florida to Improve Resilience
Entergy says it has borrowed from Florida in ensuring its $15 billion, 10-year accelerated resilience plan will upgrade its system against future storm damage.
CenterPoint Energy
CenterPoint Takes the Heat, Raises Earning Guidance
Texas’ record-breaking heat through June boosted CenterPoint Energy’s second-quarter earnings and led its management to again raise its earning guidance.
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CenterPoint Energy Now a ‘Pure Play Utility’
CenterPoint executives celebrated their company’s status as a "pure play regulated utility” during a first-quarter earnings call with financial analysts.

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