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CenterPoint Energy, Inc.

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Market:
NYSE
Market Cap:
$12.57 billion
Price
25.02 USD
Change
0.93%
52 weeks high
31.41
52 weeks low
24.25

In brief

CenterPoint Energy, Inc. is a public utility holding company. The Company’s indirect wholly owned subsidiaries include CenterPoint Energy Houston Electric, LLC, which engages in the electric transmission and distribution business in a 5,000-square mile area of the Texas Gulf Coast that includes Houston, and CenterPoint Energy Resources Corp., which owns and operates natural gas distribution systems in six states. Subsidiaries of CERC Corp. own interstate natural gas pipelines and gas gathering systems, and provide various ancillary services. A wholly owned subsidiary of CERC Corp. offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and electric and gas utilities. The Company’s operating segments include Electric Transmission & Distribution, Natural Gas Distribution, Competitive Natural Gas Sales and Services, Interstate Pipelines, Field Services and Other Operations.