CenterPoint Energy Inc (NYSE:CNP)

23.87
Data as of Oct 21
 +0.33 / +1.40%
Today’s Change
21.07
Today|||52-Week Range
25.75
+2.98%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$10.1B

Company Description

CenterPoint Energy, Inc. through its wholly owned subsidiaries operates as a domestic energy delivery company. It operates business through six segments: Electric Transmission and Distribution, Natural Gas Distribution, Interstate Pipelines, Field Services, Competitive Natural Gas Sales and Services and Other Operations. The Electric Transmission and Distribution segment provides electric transmission and distribution services to retail electric providers. The Natural Gas Distribution segment engages in intrastate natural gas sales to and natural gas transportation for residential, commercial and industrial customers in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. The Competitive Natural Gas Sales and Services segment supplies natural gas, primarily to commercial and industrial customers and electric and gas utilities and transportation services for commercial and industrial customers in the central and eastern regions of the United States. The Interstate Pipelines segment operates interstate natural gas pipelines with gas transmission lines primarily located in Arkansas, Illinois, Louisiana, Missouri, Oklahoma and Texas. Its interstate pipeline operations are primarily conducted by two wholly owned subsidiaries that provide gas transportation and storage services primarily to industrial customers and local distribution companies. The Field Services segment business operates gas gathering, treating and processing facilities and also provides operating and technical services and remote data monitoring and communication services. Its Field Services operations are conducted by a wholly owned subsidiary, CenterPoint Energy Field Services, LLC that provides natural gas gathering and processing services for certain natural gas fields in the Mid-continent region of the United States that interconnect with CEGT's and MRT's pipelines, as well as other interstate and intrastate pipelines. The Other Operations segment includes office buildings and other real estate used in business operations and other corporate operations that support all of its business operations. The company was founded in 1866 and is headquartered in Houston, TX.

Contact Information

CenterPoint Energy, Inc.
1111 Louisiana Street
Houston Texas 77002-5230
P:(713) 207-1111
Investor Relations:

Employees

Shareholders

Mutual fund holders41.76%
Other institutional37.08%
Individual stakeholders0.77%

Top Executives

Scott M. ProchazkaPresident, Chief Executive Officer & Director
Gary L. WhitlockChief Financial Officer & Executive Vice President
Joseph B. McGoldrickExecutive VP & President-Gas Operations Division
Tracy B. BridgeExecutive VP & President-Electric Division
Susan B. OrtenstoneChief Human Resources Officer & Senior VP

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.