CenterPoint Energy
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.
| Type | Public | |
| Founded | 1866 | |
| HQ | Houston, TX, US | Map |
| Website | centerpointenergy.com | |
| Employee Ratings | More | |
| Overall Culture | C- | More |
Recent NewsAll News
- CenterPoint Energy Chooses EFI to Expand Customer Savings and Engagement With Utility Marketplace and Instant Rebate Programs in Indiana
- CenterPoint Energy stock gains after $2.15 billion deal to sell Arkansas, Oklahoma gas assets
- CenterPoint Energy in Minnesota named Environmental Champion
- 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
Key People/Management at CenterPoint Energy
David J. Lesar
President & Chief Executive Officer
Kristie L. Colvin
Senior Vice President & Chief Accounting Officer
Scott E. Doyle
Executive Vice President, Natural Gas
Lynnae Wilson
Chief Business Officer, Indiana Electric Utility Business
Jason M. Ryan
Senior Vice President, Regulatory Services and Government Affairs
Lynne Harkel-Rumford
Senior Vice President & Chief Human Resources Officer
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
CenterPoint Energy Financials and Metrics
CenterPoint Energy Revenue
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
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 169.0m | 364.0m | 634.0m | (1.2b) | (1.1b) | (973.0m) | 363.0m |
Depreciation and Amortization | 322.0m | 665.0m | 1.0b | 283.0m | 580.0m | 886.0m | 307.0m |
Inventories | 121.0m | 13.0m | (80.0m) | 113.0m | 25.0m | (47.0m) | 99.0m |
Accounts Payable | (332.0m) | (594.0m) | (646.0m) | (192.0m) | (221.0m) | (251.0m) | (55.0m) |
| USD | FY, 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 |
CenterPoint Energy Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
Customers (Gas, Residential) | 3.25 m | 4.22 m | 4.2 m | 4.19 m | 4.25 m | 4.27 m | 4.28 m | 4.3 m | 4.33 m | 4.34 m |
Customers (Gas, Commercial or Industrial) | 260.03 k | 350.42 k | 347.09 k | 344.86 k | 349.74 k | 350.01 k | 348.66 k | 346.64 k | 349.73 k | 351.36 k |
Customers (Gas) | 3.51 m | 4.57 m | 4.54 m | 4.54 m | 4.6 m | 4.62 m | 4.63 m | 4.64 m | 4.68 m | 4.7 m |
Throughput (Natural Gas, Residential), Bcf | 186 | 114 | 30 | 16 | 246 | 107 | 32 | 18 | 237 | 128 |
CenterPoint Energy Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Vectren Corporation | February 01, 2019 | $5.98 b |
| Continuum Energy | April 01, 2016 | |
| Asgard Energy | November 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 |
CenterPoint Energy Revenue Breakdown
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
CenterPoint Energy Cybersecurity Score
CenterPoint Energy Environment, Social & Governance (ESG) Ratings
CenterPoint Energy Online and Social Media Presence
14.9k Twitter followers
CenterPoint Energy has 14.9k Twitter Followers. The number of followers has increased 0.1% month over month and increased 121.6% quarter over quarter
CenterPoint Energy's Trends
Twitter Engagement Stats for @centerpoint
14.6k
Tweets
1.6k
Following
14.9k
Followers
133
Tweets last 30 days
0.7
Avg. likes per Tweet
36.1%
Tweets with engagement
CenterPoint Energy Company Culture
Overall Culture
C-
63/100
CEO Rating
D-
57/100
Compensation
C+
67/100
Diversity
D
56/100
CenterPoint Energy News and Updates
May 10, 2021
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...
April 29, 2021
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 …
April 23, 2021
CenterPoint Energy in Minnesota named Environmental Champion
National utility industry survey recognizes CenterPoint Energy for best-in-class dedication to the environment.read more
March 04, 2021
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...
February 19, 2021
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...
February 18, 2021
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...
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.
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