CenterPoint Energy, Inc.

CNP
Sector

Utilities

Industry

Utilities - Regulated Electric

Market Cap

$20.62B

Employees

8.8K

Company Overview

CenterPoint Energy is a public utility holding company with operations focused on electric and natural gas delivery. The company's core business model includes owning and operating electric transmission, distribution, and generation facilities, as well as natural gas distribution systems. CenterPoint Energy has a significant presence in the Texas gulf coast area, southwestern Indiana, and other regions across the United States.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Utility revenues decreased from $8,524 million in 2023 to $8,589 million in 2024. This indicates a slight contraction in the company's core business operations, potentially due to factors like weather or economic conditions.

Operating income increased from $1,760 million in 2023 to $1,990 million in 2024. This improvement suggests better cost management or improved pricing strategies despite the decrease in utility revenues.

Net income increased from $917 million in 2023 to $1,019 million in 2024. This indicates an overall improvement in the company's profitability, driven by factors such as cost management and strategic initiatives.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights