CenterPoint Energy (CNP)
37.11
-0.07 (-0.19%)
NYSE · Last Trade: May 30th, 1:08 AM EDT

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced the pricing of a registered underwritten offering of 21,621,622 shares of its common stock at a price to the public of $37.00 per share. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. CenterPoint has agreed to issue and sell shares to the underwriters to the extent that the forward counterparties (or their respective affiliates) do not borrow and sell such number of shares. BofA Securities, Mizuho and J.P. Morgan are acting as joint book-running managers and representatives for the offering. Barclays, Citigroup, RBC Capital Markets and MUFG are also acting as joint book-running managers and BMO Capital Markets and Scotiabank are acting as co-managers for the offering. Closing of the offering is expected to occur on or about May 29, 2025.
By CenterPoint Energy, Inc. · Via Business Wire · May 27, 2025
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced the commencement of a registered underwritten offering of $800,000,000 of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. BofA Securities, Mizuho and J.P. Morgan are acting as joint book-running managers and representatives for the offering. Barclays, Citigroup and RBC Capital Markets are also acting as joint book-running managers for the offering.
By CenterPoint Energy, Inc. · Via Business Wire · May 27, 2025
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint Energy” announced today that it has commenced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for (i) up to $600,000,000 aggregate purchase price (excluding Accrued Interest (as defined below)) (the “CenterPoint Energy Notes Maximum Amount”) of its 5.25% Senior Notes due 2026, 3.70% Senior Notes due 2049, 4.25% Senior Notes due 2028, 5.40% Senior Notes due 2029, 2.95% Senior Notes due 2030 and 2.65% Senior Notes due 2031 (collectively, the “CenterPoint Energy Notes”), in the priorities set forth in the first table below (the “CenterPoint Energy Notes Tender Offers”), and (ii) up to $400,000,000 aggregate purchase price (excluding Accrued Interest) (the “CERC Notes Maximum Amount” and, together with the CenterPoint Energy Notes Maximum Amount, the “Maximum Amounts”) of the 4.10% Senior Notes due 2047 (the “CERC 2047 Notes”), 5.40% Senior Notes due 2033, 5.25% Senior Notes due 2028, 5.40% Senior Notes due 2034 and 4.40% Senior Notes due 2032 issued by its wholly-owned subsidiary, CenterPoint Energy Resources Corp. (“CERC”) (collectively, the “CERC Notes” and, together with the CenterPoint Energy Notes, the “Notes”), in the priorities set forth in the second table below (the “CERC Notes Tender Offers”); provided, that the offer to purchase the CERC 2047 Notes will be subject to an aggregate principal amount sublimit of $150,000,000 (the “CERC 2047 Notes Tender Cap”). Each group of Tender Offers that constitutes either the CenterPoint Energy Notes Tender Offers or the CERC Notes Tender Offers is referred to as the “Capped Tender Offers.”
By CenterPoint Energy, Inc. · Via Business Wire · April 25, 2025
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint Energy” announced today the applicable reference yield (the “Reference Yield”) for the Notes (as defined below) and the applicable total consideration (the “Total Consideration”) to be paid in connection with the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for (i) up to $600,000,000 aggregate purchase price (excluding Accrued Interest (as defined below)) (the “CenterPoint Energy Notes Maximum Amount”) of its 5.25% Senior Notes due 2026, 3.70% Senior Notes due 2049, 4.25% Senior Notes due 2028, 5.40% Senior Notes due 2029, 2.95% Senior Notes due 2030 and 2.65% Senior Notes due 2031 (collectively, the “CenterPoint Energy Notes”), in the priorities set forth in the Offer to Purchase (as defined below) (the “CenterPoint Energy Notes Tender Offers”), and (ii) up to $400,000,000 aggregate purchase price (excluding Accrued Interest) (the “CERC Notes Maximum Amount” and, together with the CenterPoint Energy Notes Maximum Amount, the “Maximum Amounts”) of the 4.10% Senior Notes due 2047 (the “CERC 2047 Notes”), 5.40% Senior Notes due 2033, 5.25% Senior Notes due 2028, 5.40% Senior Notes due 2034 and 4.40% Senior Notes due 2032 issued by its wholly-owned subsidiary, CenterPoint Energy Resources Corp. (“CERC”) (collectively, the “CERC Notes” and, together with the CenterPoint Energy Notes, the “Notes”), in the priorities set forth in the Offer to Purchase (the “CERC Notes Tender Offers”); provided, that the offer to purchase the CERC 2047 Notes is subject to an aggregate principal amount sublimit of $150,000,000 (the “CERC 2047 Notes Tender Cap”). Each group of Tender Offers that constitutes either the CenterPoint Energy Notes Tender Offers or the CERC Notes Tender Offers is referred to as the “Capped Tender Offers.” The sum of the CenterPoint Energy Notes Maximum Amount and the CERC Notes Maximum Amount is $1,000,000,000 (the “Aggregate Maximum Amount”), which represents the aggregate purchase price of the Notes subject to the Tender Offers and excludes any Accrued Interest. The Tender Offers are being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated April 25, 2025 (as may be amended or supplemented from time to time, the “Offer to Purchase”).
By CenterPoint Energy, Inc. · Via Business Wire · May 9, 2025
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported net income of $297 million, or $0.45 per diluted share on a GAAP basis for the first quarter of 2025, compared to $0.55 per diluted share in the comparable period of 2024. This quarter over quarter unfavorable GAAP EPS variance was primarily driven by the loss on sale related to the Louisiana and Mississippi gas local distribution company (“LDC”) sale.
By CenterPoint Energy, Inc. · Via Business Wire · April 24, 2025
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint Energy” announced today the early results of the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for (i) up to $600,000,000 aggregate purchase price (excluding Accrued Interest (as defined below)) (the “CenterPoint Energy Notes Maximum Amount”) of its 5.25% Senior Notes due 2026, 3.70% Senior Notes due 2049, 4.25% Senior Notes due 2028, 5.40% Senior Notes due 2029, 2.95% Senior Notes due 2030 and 2.65% Senior Notes due 2031 (collectively, the “CenterPoint Energy Notes”), in the priorities set forth in the first table below (the “CenterPoint Energy Notes Tender Offers”), and (ii) up to $400,000,000 aggregate purchase price (excluding Accrued Interest) (the “CERC Notes Maximum Amount” and, together with the CenterPoint Energy Notes Maximum Amount, the “Maximum Amounts”) of the 4.10% Senior Notes due 2047 (the “CERC 2047 Notes”), 5.40% Senior Notes due 2033, 5.25% Senior Notes due 2028, 5.40% Senior Notes due 2034 and 4.40% Senior Notes due 2032 issued by its wholly-owned subsidiary, CenterPoint Energy Resources Corp. (“CERC”) (collectively, the “CERC Notes” and, together with the CenterPoint Energy Notes, the “Notes”), in the priorities set forth in the second table below (the “CERC Notes Tender Offers”); provided, that the offer to purchase the CERC 2047 Notes is subject to an aggregate principal amount sublimit of $150,000,000 (the “CERC 2047 Notes Tender Cap”). Each group of Tender Offers that constitutes either the CenterPoint Energy Notes Tender Offers or the CERC Notes Tender Offers is referred to as the “Capped Tender Offers.” The sum of the CenterPoint Energy Notes Maximum Amount and the CERC Notes Maximum Amount is $1,000,000,000 (the “Aggregate Maximum Amount”), which represents the aggregate purchase price of the Notes subject to the Tender Offers and excludes any Accrued Interest. The Tender Offers are being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated April 25, 2025 (as may be amended or supplemented from time to time, the “Offer to Purchase”).
By CenterPoint Energy, Inc. · Via Business Wire · May 9, 2025
Houston, TX, April 02, 2025 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · April 2, 2025

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $248 million, or $0.38 per diluted share on a GAAP basis for the fourth quarter of 2024, compared to $0.30 per diluted share in the comparable period of 2023.
By CenterPoint Energy, Inc. · Via Business Wire · February 20, 2025

Houston, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · January 16, 2025

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $193 million, or $0.30 per diluted share on a GAAP basis for the third quarter of 2024, compared to $0.40 per diluted share in the comparable period of 2023.
By CenterPoint Energy, Inc. · Via Business Wire · October 28, 2024

Houston, TX, Oct. 08, 2024 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · October 8, 2024

CenterPoint Energy, Inc. (NYSE: CNP) today announced the pricing of an underwritten public offering of 9,754,194 shares of its common stock, par value $0.01 per share, at a public offering price of $25.63 per share, for expected gross proceeds of approximately $250 million before deducting estimated offering expenses. CenterPoint Energy intends to use the net proceeds from the offering for general corporate purposes, including repayment of a portion of our outstanding commercial paper. Proceeds from our commercial paper were used for general corporate purposes, including working capital purposes.
By CenterPoint Energy, Inc. · Via Business Wire · August 7, 2024

CenterPoint Energy, Inc. (NYSE: CNP) today announced that it intends to sell $250 million of shares of its common stock, par value $0.01 per share, in an underwritten public offering, subject to market and other conditions.
By CenterPoint Energy, Inc. · Via Business Wire · August 7, 2024

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CenterPoint Energy, Inc. (“CenterPoint” or “the Company”) (NYSE: CNP) for violations of the securities laws.
By The Schall Law Firm · Via Business Wire · August 1, 2024

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported its second quarter 2024 earnings, reaffirmed its 2024 earnings guidance, and provided an update on its response to Hurricane Beryl, including the actions the company is taking to improve its emergency preparedness and response and customer communications.
By CenterPoint Energy, Inc. · Via Business Wire · July 30, 2024

Houston, TX, June 26, 2024 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · June 26, 2024

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $350 million, or $0.55 per diluted share on a GAAP basis for the first quarter of 2024, compared to $0.49 per diluted share in the comparable period of 2023.
By CenterPoint Energy, Inc. · Via Business Wire · April 30, 2024

Houston, TX, April 09, 2024 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · April 9, 2024

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $192 million, or $0.30 per diluted share on a GAAP basis for the fourth quarter of 2023, compared to $0.19 per diluted share in the previous comparable period of 2022, and $867 million, or $1.37 per diluted share for the year ended December 31, 2023, compared to $1,008 million, or $1.59 per diluted share for the year ended December 31, 2022.
By CenterPoint Energy, Inc. · Via Business Wire · February 20, 2024

CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion. The assets include approximately 12,000 miles of main pipeline in Louisiana and Mississippi serving approximately 380,000 metered customers. CenterPoint’s LDCs are the second largest natural gas LDCs in both Louisiana and Mississippi by customer accounts, with a combined workforce of approximately 550 employees.
By CenterPoint Energy, Inc. · Via Business Wire · February 20, 2024

Houston, TX, Jan. 17, 2024 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · January 17, 2024

CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $256 million, or $0.40 per diluted share on a GAAP basis for the third quarter of 2023.
By CenterPoint Energy, Inc. · Via Business Wire · October 26, 2023

CenterPoint Energy, Inc. (NYSE: CNP) today announced a leadership transition that helps position the company to continue driving sustainable value for customers, communities, investors and employees. The Board has unanimously appointed Jason P. Wells, CenterPoint Energy President and Chief Operating Officer, to become President and Chief Executive Officer and a member of the Board of Directors, effective January 5, 2024. David J. Lesar will retire from his role as CEO and a member of the Board at that time. Mr. Lesar will continue to work closely with Mr. Wells to support a seamless transition.
By CenterPoint Energy, Inc. · Via Business Wire · October 26, 2023

Houston, TX, Oct. 02, 2023 (GLOBE NEWSWIRE) --
By CenterPoint Energy, Inc. · Via GlobeNewswire · October 2, 2023

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