Centerpoint Energy
CenterPoint Energy and OGE Energy delivered positive first-quarter earnings, a year after taking financial hits from their Enable Midstream joint venture.
CenterPoint and OGE said Energy Transfer’s acquisition of Enable Midstream will allow them to focus on moving to a fully regulated utility business model.
FERC rejected a claim that CenterPoint Energy concealed $625 million equity investment from a hedge fund manager that brought on new management.
CenterPoint and OGE declined to answer questions on potential sales of their interest in Enable Midstream during their third-quarter earnings calls.
CenterPoint Energy CEO David Lesar told financial analysts the company will "simplify the story" as it attempts to overcome recent bad news.
Enable Midstream partners CenterPoint and OGE lost $1.2 billion and $492 million, respectively, following the partnership’s recent cutbacks.
The Texas PUC approved several measures addressing delinquent customer accounts and other issues related to the COVID-19 coronavirus pandemic.
CenterPoint Energy interim CEO John Somerhalder introduced himself to analysts during the company's fourth-quarter earnings call.
Calling it a “leadership transition,” CenterPoint Energy announced that Scott Prochazka has stepped down as the utility’s CEO.
Texas regulators approved a stipulated settlement of a CenterPoint Energy rate case that was a little more than 8% of the utility’s original request.
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