Centerpoint Energy
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.
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.
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
CenterPoint Energy beat both analysts’ expectations and its performance a year ago by reporting second-quarter earnings of $165 million ($0.33/share).
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).
The Public Utility Commission of Texas (PUCT) approved a certificate of convenience and necessity for CenterPoint’s proposed 345-kV project near Houston.
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
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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