CenterPoint Energy (NYSE: CNP) — Company Overview, News & Financial Data
CenterPoint Energy delivers electricity and natural gas in the U.S., focusing on sustainable energy solutions and infrastructure.
CenterPoint Energy
CenterPoint Energy is an American energy delivery company operating regulated electric and natural gas utilities across multiple U.S. states. Headquartered in Houston, Texas, the company transmits and distributes electricity while delivering natural gas to millions of residential, commercial, and industrial customers. Its operations span electric transmission and distribution infrastructure in Texas and Indiana, alongside natural gas distribution networks in Minnesota, Texas, Indiana, and Ohio. CenterPoint Energy manages extensive power lines, substations, and gas pipelines, maintaining critical infrastructure and grid reliability to support energy distribution throughout its regional service territories.
Snapshot
Operations
Products and/or services of CenterPoint Energy
- Electric Transmission and Distribution: Operating electric transmission and distribution systems in the Greater Houston area and southwestern Indiana, delivering electricity to over 2.7 million metered customers through tens of thousands of miles of overhead and underground distribution lines and transmission circuits.
- Natural Gas Distribution - Minnesota: Providing natural gas utility services to over 900,000 residential, commercial, and industrial customers across Minnesota, managing thousands of miles of natural gas distribution mains and service lines to deliver heating and energy supplies across the state.
- Natural Gas Distribution - Texas: Delivering natural gas to more than one million customers across Texas, including the Houston metropolitan area and east Texas, maintaining localized utility distribution pipelines, regulatory stations, service connections, and metering systems for residential and commercial users.
- Natural Gas Distribution - Ohio and Indiana: Serving over 800,000 natural gas customers across Indiana and Ohio through extensive gas distribution networks, supplying regulated natural gas delivery service to residential homes, commercial businesses, and industrial facilities throughout the Midwestern United States.
- Power Generation and Renewable Infrastructure: Operating electric generation facilities in southwestern Indiana, including coal-fired units, natural gas peaking plants, solar arrays, and wind generation assets to supply regulated power generation capacity to regional wholesale and retail electricity service territories.
- Grid Resiliency and Infrastructure Modernization: Executing large-scale capital investment programs across utility service territories, upgrading electric transmission corridors, replacing aging gas mains with modern polyethylene pipe, installing smart meters, and hardening coastal substations against extreme weather and hurricane events.
CenterPoint Energy executive team
- Jason P. WellsPresident, CEO & Chairman
- Christopher A. FosterExecutive VP & CFO
- Jesus Soto Jr.Executive VP & COO
- Monica KaruturiExecutive VP & General Counsel
- Jason Michael RyanExecutive Vice President of Regulatory Services & Government Affairs
- Russell Keith WrightChief Accounting Officer & VP
- Ben VallejoVice President of Investor Relations & Corporate Planning
- Carol R. HellikerChief Ethics & Compliance Officer, Senior VP & Deputy General Counsel
- Keith F. StephensSenior VP & Chief Communications Officer
- Lauren Chesley ClarkExecutive VP & CHRO