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CenterPoint Energy Inc CNP Stock Quote

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Morningstar‘s Stock Analysis CNP

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High-Growth Houston Area Continues to Drive New Growth Opportunities for CenterPoint

Andrew Bischof, CFA, CPA Senior Equity Analyst

Business Strategy and Outlook

| Andrew Bischof, CFA, CPA |

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.

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Key Statistics CNP

Company Profile CNP

Business Description

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers. After exiting its midstream investment, CenterPoint is a fully regulated utility.

1111 Louisiana
Houston, TX, 77002
T +1 713 207-1111
Industry Utilities - Regulated Electric
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 15,577

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