OverviewSuggest Edit

CenterPoint Energy is a company engaged in electric transmission and distribution, natural gas distribution, and natural gas sales and services. It provides natural gas marketing and energy-related services, energy efficiency, sustainability and infrastructure modernization solutions, construction and repair services for pipeline systems, primarily natural gas.
TypePublic
Founded1866
HQHouston, TX, US
Websitecenterpointenergy.com
Employee Ratings3.8
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)9,541(-33%)
Job Openings49
Revenue (FY, 2020)$7.4 B(-39%)
Share Price (Jun 2021)$26
Cybersecurity ratingCMore

Key People/Management at CenterPoint Energy

David J. Lesar

David J. Lesar

President & Chief Executive Officer
Kristie L. Colvin

Kristie L. Colvin

Senior Vice President & Chief Accounting Officer
Scott E. Doyle

Scott E. Doyle

Executive Vice President, Natural Gas
Lynnae Wilson

Lynnae Wilson

Chief Business Officer, Indiana Electric Utility Business
Jason M. Ryan

Jason M. Ryan

Senior Vice President, Regulatory Services and Government Affairs
Lynne Harkel-Rumford

Lynne Harkel-Rumford

Senior Vice President & Chief Human Resources Officer​
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CenterPoint Energy Office Locations

CenterPoint Energy has offices in Houston and Minneapolis
Houston, TX, US (HQ)
CenterPoint Energy Plaza, 1111 Louisiana St
Minneapolis, MN, US
505 Nicollet Ave
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CenterPoint Energy Financials and Metrics

CenterPoint Energy Revenue

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CenterPoint Energy's revenue was reported to be $7.42 b in FY, 2020 which is a 39.7% decrease from the previous period.
USD

Revenue (Q1, 2021)

2.5b

Gross profit (Q1, 2021)

1.6b

Gross profit margin (Q1, 2021), %

61.7%

Net income (Q1, 2021)

363.0m

EBIT (Q1, 2021)

453.0m

Market capitalization (14-Jun-2021)

14.3b

Closing stock price (14-Jun-2021)

26.0

Cash (31-Mar-2021)

146.0m

EV

30.0b
CenterPoint Energy's current market capitalization is $14.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

10.6b12.3b7.4b

Revenue growth, %

10%16%(40%)

Cost of goods sold

5.8b5.7b1.7b

Gross profit

4.8b6.6b5.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.5b2.8b2.7b2.2b1.6b1.6b2.5b

Cost of goods sold

2.0b1.2b1.0b673.0m271.0m233.0m975.0m

Gross profit

1.5b1.6b1.7b1.5b1.3b1.4b1.6b

Gross profit Margin, %

44%58%62%69%83%86%62%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

4.2b241.0m147.0m

Accounts Receivable

1.2b1.2b676.0m

Inventories

394.0m546.0m500.0m

Current Assets

7.0b3.8b2.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

255.0m271.0m259.0m220.0m168.0m185.0m146.0m

Accounts Receivable

1.4b1.2b1.1b711.0m735.0m731.0m780.0m

Inventories

371.0m479.0m572.0m375.0m462.0m534.0m377.0m

Current Assets

3.4b3.3b3.4b4.2b2.5b2.8b3.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

368.0m791.0m(773.0m)

Depreciation and Amortization

1.2b1.3b1.2b

Inventories

3.0m(48.0m)12.0m

Accounts Payable

220.0m(455.0m)2.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

169.0m364.0m634.0m(1.2b)(1.1b)(973.0m)363.0m

Depreciation and Amortization

322.0m665.0m1.0b283.0m580.0m886.0m307.0m

Inventories

121.0m13.0m(80.0m)113.0m25.0m(47.0m)99.0m

Accounts Payable

(332.0m)(594.0m)(646.0m)(192.0m)(221.0m)(251.0m)(55.0m)
USDFY, 2018

EV/EBIT

23 x

EV/CFO

8.9 x

EV/FCF

39.3 x

Revenue/Employee

1.3m

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.4 x

P/E Ratio

38.1
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CenterPoint Energy Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Customers (Gas, Residential)

3.25 m4.22 m4.2 m4.19 m4.25 m4.27 m4.28 m4.3 m4.33 m4.34 m

Customers (Gas, Commercial or Industrial)

260.03 k350.42 k347.09 k344.86 k349.74 k350.01 k348.66 k346.64 k349.73 k351.36 k

Customers (Gas)

3.51 m4.57 m4.54 m4.54 m4.6 m4.62 m4.63 m4.64 m4.68 m4.7 m

Throughput (Natural Gas, Residential), Bcf

18611430162461073218237128
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CenterPoint Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Vectren CorporationFebruary 01, 2019$5.98 b
Continuum EnergyApril 01, 2016
Asgard EnergyNovember 03, 2011
CenterPoint Energy Houston Electric, LLC
CenterPoint Energy Investment Management, Inc.
CenterPoint Energy Midstream, Inc.
CenterPoint Energy Resources Corp.
Indiana Gas Company, Inc
Southern Indiana Gas and Electric Company
Utility Holding, LLC
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CenterPoint Energy Revenue Breakdown

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CenterPoint Energy revenue breakdown by business segment: 46.7% from Retail gas sales, 39.6% from Electric delivery, 6.9% from Retail Electric Sales, 6.3% from Energy products and services and 0.4% from Other

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CenterPoint Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

CenterPoint Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

CenterPoint Energy Online and Social Media Presence

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CenterPoint Energy Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    D-

    57/100

  • Compensation

    C+

    67/100

  • Diversity

    D

    56/100

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CenterPoint Energy News and Updates

CenterPoint Energy Chooses EFI to Expand Customer Savings and Engagement With Utility Marketplace and Instant Rebate Programs in Indiana

BOSTON, May 10, 2021 /PRNewswire/ -- CenterPoint Energy is partnering with utility marketplace leader, Energy Federation, Inc, (EFI) to launch a new energy efficient product, educational marketplace, and instant rebate program in Indiana. The program will provide new and innovative ways...

CenterPoint Energy stock gains after $2.15 billion deal to sell Arkansas, Oklahoma gas assets

Shares of CenterPoint Energy Inc. gained 0.3% in premarket trading Thursday, after the Texas-based electric and gas utility announced a deal to sell its Arkansas and Oklahoma natural gas local distribution company (LDC) assets for $2.15 billion in cash to Summit Utilities. The assets include about …

CenterPoint Energy in Minnesota named Environmental Champion

National utility industry survey recognizes CenterPoint Energy for best-in-class dedication to the environment.read more

Watts Guerra LLP, Fears Nachawati, PLLC & Parker Waichman LLP File Wrongful Death Lawsuit Against Electric Reliability Council Of Texas, Inc. And CenterPoint Energy, Inc. On Behalf Of Next Of Kin Of A Deceased Texas Man

PORT WASHINGTON, N.Y., March 3, 2021 /PRNewswire/ -- Watts Guerra LLP, Fears Nachawati PLLC, and Parker Waichman LLP, three national law firms that have long fought to protect the rights of victims injured by the wrongdoing of large corporations, filed a wrongful death lawsuit on February...

CenterPoint Energy Appoints New Board Member Wendy Montoya Cloonan

HOUSTON, Feb. 19, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Wendy Montoya Cloonan, an accomplished attorney and civic and community leader, to its Board of Directors, effective today. Wendy is an experienced attorney having recently...

Why CenterPoint Energy Stock Has Room For More Gains

CenterPoint Energy, a utility holding company that operates in markets including Texas and Indiana, has seen its stock price recover by about 70% from its March 2020 lows and currently trades at about $21 per share. However, the stock remains down by about 20% over the last twelve months, partly...
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CenterPoint Energy Frequently Asked Questions

  • When was CenterPoint Energy founded?

    CenterPoint Energy was founded in 1866.

  • Who are CenterPoint Energy key executives?

    CenterPoint Energy's key executives are David J. Lesar, Kristie L. Colvin and Scott E. Doyle.

  • How many employees does CenterPoint Energy have?

    CenterPoint Energy has 9,541 employees.

  • What is CenterPoint Energy revenue?

    Latest CenterPoint Energy annual revenue is $7.4 b.

  • What is CenterPoint Energy revenue per employee?

    Latest CenterPoint Energy revenue per employee is $777.5 k.

  • Who are CenterPoint Energy competitors?

    Competitors of CenterPoint Energy include FirstEnergy, Duke Energy and Dominion Energy.

  • Where is CenterPoint Energy headquarters?

    CenterPoint Energy headquarters is located at CenterPoint Energy Plaza, 1111 Louisiana St, Houston.

  • Where are CenterPoint Energy offices?

    CenterPoint Energy has offices in Houston and Minneapolis.

  • How many offices does CenterPoint Energy have?

    CenterPoint Energy has 2 offices.