Ensign Peak Advisors Inc recently sold 119,984 shares of CenterPoint Energy, Inc. At the same time, some analysis suggests the company's stock might be outperforming other utilities stocks this year. Its growth viability is being explored with an expectation of a 4.69% upside. Likewise, one of the directors made a bold move by purchasing a significant amount of CenterPoint Energy stock. There have also been several major acquisitions, for example by Gotham Asset Management and Jacobs Levy Equity Management. CenterPoint Energy has made headlines by announcing the pricing of tender offers and the completion of the sale of its Louisiana and Mississippi natural gas distribution businesses to Bernhard Capital Partners. More interestingly, CenterPoint Energy embarked on a major grid upgrade, with the Houston storm shield 70% complete. Institutional level investment decisions were made by Crestline Management and Barclays, and significant preparations have been made for the 2025 storm season, including the completion of 90% of critical resiliency actions.
Centerpoint Energy CNP News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 18:48:02 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 1
