CenterPoint Energy is a public utility holding company. Its operating subsidiaries own and operate electric transmission, distribution, and generation facilities, as well as natural gas distribution systems. The company's core business is providing regulated energy delivery services. CenterPoint Energy's market position is primarily in the Texas Gulf Coast region and southwestern Indiana, with a geographic presence in Louisiana, Minnesota, Mississippi and Ohio. The company faces competition from other energy providers, including electric utilities and natural gas distributors.

• Employees: 8,827 (as of December 31, 2023)
• Geographic Footprint: Texas, Louisiana, Minnesota, Mississippi, Indiana, Ohio
• Headquarters: Houston, Texas
• Founded: Not Available
• Number of locations/facilities: Not Available
• Revenue: $8.7 billion (FY2023)
• Market Capitalization: $18.25 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: Houston Electric, CERC Corp, SIGECO

• CEO: Jason P. Wells
• CFO: Christopher A. Foster
• Chief Human Resources Officer: Lynne Harkel-Rumford
• General Counsel: Monica Karuturi
• Other Key Executives: Jason M. Ryan (Executive Vice President, Regulatory Services and Government Affairs), Darin Carroll (Senior Vice President, Natural Gas Business), Lynnae Wilson (Senior Vice President, Electric Business)

Jason P. Wells has served as President and Chief Executive Officer since January 2024. Christopher A. Foster has served as Executive Vice President and Chief Financial Officer since May 2023. Lynne Harkel-Rumford has served as Executive Vice President and Chief Human Resources Officer since January 2022.

• Annual Revenue: $8.7 billion (FY2023)
• Net Income: $0.9 billion (FY2023)
• Market Cap: $18.25 billion (as of June 30, 2023)
• Total Assets: $39.7 billion (as of December 31, 2023)
• Number of Employees: 8,827 (as of December 31, 2023)
• Key Financial Highlights: Net income decreased by $141 million compared to prior year.

CenterPoint Energy provides the following main products and services:

• Electric Transmission and Distribution: Delivers electricity from power plants to substations and to retail customers.
• Natural Gas Distribution: Engages in regulated intrastate natural gas sales, transportation, and storage.
• Energy Delivery Services: Provides energy delivery services to electric and natural gas customers in southwestern Indiana.

CenterPoint Energy operates through three reportable segments:

• Electric: Includes Houston Electric and Indiana Electric operations.
• Natural Gas: Encompasses natural gas distribution and related services.
• Corporate and Other: Includes corporate support operations and other real estate.

CenterPoint Energy's current strategic priorities include:

• Executing on a ten-year capital plan from 2021 through 2030.
• Targeting controllable operations and maintenance savings.
• Prudent capital funding including divestitures of non-core assets.
• Achieving net zero and carbon emission reduction goals.

The company focuses on growing its regulated utility businesses and is investing in system resiliency, reliability, and grid modernization. CenterPoint Energy aims to transition its generation resources to more sustainable options, including renewables.

CenterPoint Energy operates primarily in the electric and natural gas utility industries. Key market trends include:

• Increasing demand for renewable energy.
• Growing adoption of distributed generation.
• Focus on grid modernization and infrastructure upgrades.
• Emphasis on energy efficiency and conservation.

Major competitors include other electric and natural gas utilities in its service territories. The company's market position is influenced by its regulatory framework and its ability to adapt to changing market dynamics.

• Operational Risks: Disruptions at power generation facilities, extreme weather events, and reliance on a small number of REPs.
• Financial Risks: Fluctuations in natural gas prices, inability to arrange future financings, and potential impacts of ZENS redemption.
• Regulatory Risks: Rate regulation, environmental laws and regulations, and implementation of carbon emission reduction goals.
• Safety and Security Risks: Cyberattacks, physical security breaches, and acts of terrorism.