The company recently outperformed analyst EPS estimates in its Q1 2024 earnings, though it reported a revenue down year over year. Despite some insider activity with director Barry Smitherman selling shares, it continues to be considered a top value stock for the long-term.
Recently, the company sold its Louisiana and Mississippi Natural Gas assets to Bernhard Capital Partners for a $1.2 billion deal. Their three-year returns for shareholders have been doing notably well. CenterPoint Energy also received approval to build Natural Gas Turbines.
Meanwhile, they face restoration issues in the Houston area taking several days or longer. The company has also recently appointed new members, Thaddeus J. Malik and Ricky A. Raven, to their board.
Centerpoint Energy CNP News Analytics from Mon, 21 Aug 2023 07:00:00 GMT to Sun, 26 May 2024 17:27:35 GMT - Rating 6 - Innovation 4 - Information 8 - Rumor -5
