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Industry Center - Diversified Utilities
Industry Center > Diversified Utilities > CenterPoint Energy, Inc. Company Profile
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CenterPoint Energy, Inc. Company Profile
CenterPoint Energy has made a complete pivot around its core operations. The company, which had evolved from a local utility into a global power provider, has spun off most of its nonregulated operations and has returned to its roots. CenterPoint Energy's regulated utilities distribute natural gas to 3.2 million customers in six US states and electricity to 2 million customers on the Texas Gulf Coast. The company's main stomping ground is Texas, where it has regulated power distribution operations through subsidiary CenterPoint Energy Houston Electric. CenterPoint Energy also operates more than 8,000 miles of interstate gas pipeline, and it has gas gathering and storage operations.
Headlines for CenterPoint Energy, Inc.
CenterPoint Energy Subsidiary Closes on Low-Cost Securitization Bonds to Recover Hurricane Ike Restoration Costs
PR Newswire - Wed Nov 25
CNP & FPL Ink Pipeline Deal
Zacks.com - Fri Nov 20
[external] CenterPoint, FPL explore La. pipeline option
at bizjournals.com - Fri Nov 20
CenterPoint Energy's Pipeline Group Signs Joint Development Agreement With Affiliate of FPL Group to Explore Construction of New Pipeline in North Louisiana
PR Newswire - Thu Nov 19
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Contact Information
Address: 1111 Louisiana St.
Houston, TX 77002
Phone:713-207-1111
Fax:713-207-3169
Financial Highlights
Fiscal Year End:December
Revenue (2008):11322.00 M
Revenue Growth (1 yr):17.70%
Employees (2008):8,801
Employee Growth (1 yr):2.70%
Key People
Chairman: Milton Carroll
President, CEO, and Director: David M. McClanahan
EVP and CFO: Gary L. Whitlock
Industry Information
Sector: Utilities
Industry: Diversified Utilities
Top Competitors
American Electric Power Company, Inc. (aep)
Energy Future Holdings Corp.
Xcel Energy Inc. (xel)
 


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