CenterPoint Energy Inc
CNP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$19.00 | Rkvkfk | Zlyqwynj |
High-Growth Houston Area Continues to Drive New Growth Opportunities for CenterPoint
Business Strategy and Outlook
CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest more than $20 billion over the next five years, supporting our expectation that management can achieve its 8% annual earnings growth target through 2024.