|Last Price$23.93||Day Change (%)0.72%|
|Open Price$23.81||Day Change ($)0.17|
|Day Range23.80–24.11||52-Week Range21.07–25.75|
As of Fri 12/26/2014 04:34 PM EST | USD
Good morning, and welcome to CenterPoint Energy's First Quarter 2014 Earnings Conference Call with Senior Management. During the Company's prepared remarks, all participants will be in a listen-only mode. There will be a question-and-answer session after the managements' remarks.
Valuations are rich, but sector finances and growth are super strong.
CenterPoint CNP hit on four out of five cylinders in 2006. We're impressed with the utility's ongoing stabilization and growth, so we are reiterating our positive view of its prospects. The only material negative news came from natural-gas distribution, where reduced usage and higher bad-debt ...
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Finally, utilities with good growth and attractive yields are on sale.