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May 12, 2024

Centerpoint Energy

CenterPoint’s Somerhalder Focused on Core Business
CenterPoint Energy interim CEO John Somerhalder introduced himself to analysts during the company's fourth-quarter earnings call.
Prochazka Steps down as CenterPoint CEO
Calling it a “leadership transition,” CenterPoint Energy announced that Scott Prochazka has stepped down as the utility’s CEO.
PUCT Approves Reduced CenterPoint Rate Request
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.
Texas PUC Delays AEP Texas, CenterPoint Rate Orders
The Texas PUC declined to issue final orders in rate cases involving CenterPoint Energy and AEP Texas, but it did approve several other rate recoveries.
Hot Summer Yields Positive Earnings for CenterPoint
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
CenterPoint Q2 Earnings Beat Expectations
CenterPoint Energy beat both analysts’ expectations and its performance a year ago by reporting second-quarter earnings of $165 million ($0.33/share).
Mild Weather Undercuts CenterPoint Q1 Earnings
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).
Texas PUC Briefs: Dec. 22, 2018
The Public Utility Commission of Texas (PUCT) approved a certificate of convenience and necessity for CenterPoint’s proposed 345-kV project near Houston.
CenterPoint Energy
OGE Beats Expectations with Q3 Earnings
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
Texas PUC Briefs: Week of Oct. 27, 2018
ERCOT told the Public Utility Commission of Texas that it will produce “higher quality estimates” for CenterPoint Energy's proposed transmission project.

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