Sector: Utilities | Industry: Multiline Utilities |
See Regulatory Filings on SEC |
Company Contact | |
Address: | P.O. Box 1700 HOUSTON TX 77251-1700 |
Tel: | 1-713-2076500 |
Website: | https://www.centerpointenergy.com |
IR: | See website |
Key People | ||
Jason P. Wells President, Chief Executive Officer, Director | Lynnae Wilson Senior Vice President - Electric Business | Christopher A. Foster Chief Financial Officer, Executive Vice President |
Lynne Louise Harkel - Rumford Chief Human Resource Officer, Executive Vice President | Monica Karuturi Executive Vice President, General Counsel | Jason Michael Ryan Executive Vice President - Regulatory Services and Government Affairs |
Kenny Coleman Senior Vice President, Chief Information Officer | Darin Carroll Senior Vice President, Natural Gas Business | Tony Gardner Senior Vice President, Chief Customer Officer | Steve Greenley Senior Vice President - Utility Operations Support |
Business Overview |
CenterPoint Energy, Inc. is an energy delivery company. The Company, through its subsidiaries, owns and operates electric transmission, distribution and generation facilities and natural gas distribution facilities that serve customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. The Company's segments include Electric and Natural Gas. The Electric segment comprises Houston Electric and Indiana Electric businesses. The Natural Gas segment includes intrastate natural gas sales to, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies, and home appliance maintenance and repair services to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio and Texas through a third party. |
Financial Overview |
For the fiscal year ended 31 December 2023, CenterPoint Energy Inc revenues decreased 7% to $8.7B. Net income applicable to common stockholders decreased 14% to $867M. Revenues reflect Natural Gas segment decrease of 13% to $4.28B, Corporate and Other segment decrease of 51% to $130M. Net income also reflects Gain (loss) on indexed debt securities decrease from $325M (income) to $27M (expense). |
Employees: | 8,827 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $35,226M as of Dec 31, 2023 |
Annual revenue (TTM): | $8,696M as of Dec 31, 2023 |
EBITDA (TTM): | $3,161M as of Dec 31, 2023 |
Net annual income (TTM): | $867.00M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1,059M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $17,987M as of Dec 31, 2023 |
Shares outstanding: | 633,096,541 as of Mar 11, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |