CenterPoint Energy (CNP) has successfully completed the sale of its natural gas distribution businesses in Louisiana and Mississippi to
Bernhard Capital Partners. There are also plans to reduce costs for Houston Electric customers and enhance Texas' power reliability.
Jefferies Financial Group has initiated coverage of CNP with a Buy recommendation, noting the company's capacity for upside.
Norges Bank has made a significant purchase of CNP shares, displaying confidence in the company's stability and potential. CNP has recently reached a new 52-week high, indicating a potential opportunity for investors. Thanks to effective emergency plans and responses, CNP kept 330,000 Houston customers powered through a Fire Weather crisis. Lastly, CNP has been working on a multi-year Systemwide Resiliency Plan to boost safety, reliability, and resilience, combating weather threats, outages, and hazards across Greater Houston.
Centerpoint Energy CNP News Analytics from Fri, 06 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 11:05:22 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -2
