CenterPoint Energy (CNP) has seen a flurry of activity and developments recently. Major notable moves include CNP's sale of its Ohio Natural Gas Business to National Fuel Gas Company for $2.62 billion. In addition, the company has unveiled its long-term investment plan, worth $53 billion, which aims to support Houston's growth and planned resiliency projects. Their future projections also show increased focus within Texas with plans to raise Ohio's gas business sale. CNP has increased capital plans to $52.5 billion, considering growing data center demand. Hennessy Advisors Inc. and Assenagon Asset Management S.A. are amongst the entities that have adjusted their holdings of CNP stock.
CNP has declared regular common stock dividend, with the most recent dividends reported at $0.2300 and $0.2200. Their Q3 earnings and revenues have beaten estimates. Meanwhile, analysts have reiterated CNP as a buy, citing its strong performance and momentum. CNP partnered with Palantir and Nvidia for software to expedite AI data center construction. Meanwhile, CNP also plans to implement a $65 billion infrastructure plan that may modify its long-term growth outlook. The recent surge in their share price and robust dividends make CNP an attractive investment stance.
Centerpoint Energy CNP News Analytics from Mon, 28 Apr 2025 07:00:00 GMT to Sat, 03 Jan 2026 06:25:36 GMT -
