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Centerpoint Energy ( (CNP) ) just unveiled an update.
CenterPoint Energy reported its fourth quarter and full-year 2024 financial results, showing a 25% increase in non-GAAP earnings per share for Q4 compared to 2023. The company plans to increase its capital investment to $47.5 billion by 2030 to enhance grid resilience in the Houston region and anticipates a nearly 50% rise in electric load demand by 2031, which supports its growth strategy and positioning in the utility industry.
More about Centerpoint Energy
CenterPoint Energy operates in the utility industry, focusing on electricity and natural gas services. The company serves a significant market in regions like Houston, emphasizing grid resiliency and supporting economic development through investments and infrastructure enhancements.
YTD Price Performance: 8.26%
Average Trading Volume: 4,265,253
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.03B
Find detailed analytics on CNP stock on TipRanks’ Stock Analysis page.
