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Centerpoint Energy ( (CNP) ) just unveiled an update.
On October 20, 2025, CenterPoint Energy announced the sale of its Ohio natural gas business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company for $2.62 billion. The transaction, expected to close in the fourth quarter of 2026, will allow CenterPoint to focus on its core electric and natural gas operations across multiple states, supporting its $65 billion capital plan and enhancing its earnings growth strategy. The deal includes a $1.42 billion cash payment and a $1.2 billion seller promissory note, with proceeds aimed at general corporate purposes and capital investment optimization.
The most recent analyst rating on (CNP) stock is a Hold with a $41.00 price target. To see the full list of analyst forecasts on Centerpoint Energy stock, see the CNP Stock Forecast page.
Spark’s Take on CNP Stock
According to Spark, TipRanks’ AI Analyst, CNP is a Neutral.
Centerpoint Energy’s overall stock score reflects strong financial performance and strategic growth initiatives, particularly in the Houston Electric service territory. However, high leverage and cash flow challenges pose risks. The technical indicators suggest a positive trend, while the valuation indicates potential overvaluation. The earnings call provided positive guidance, supporting future growth prospects.
To see Spark’s full report on CNP stock, click here.
More about Centerpoint Energy
CenterPoint Energy, Inc., based in Texas, is an energy delivery company involved in electric transmission and distribution, power generation, and natural gas distribution, serving over 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. With a history spanning over 150 years, the company operates with approximately $44 billion in assets and employs around 8,300 people.
Average Trading Volume: 5,318,961
Technical Sentiment Signal: Buy
Current Market Cap: $26.26B
For detailed information about CNP stock, go to TipRanks’ Stock Analysis page.