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CenterPoint Energy, Inc.
S&P 500
🏹 Trader: 🎯 Near 52W High View all →
$25.5B
Market Cap
24.0
P/E
2.35
PEG
5.4%
ROCE
9.6%
ROE
2.07
D/E
22.6%
OPM
-12.6%
% from 52W High
40
α RS
🔍 CNP is showing a sector-leadership setup because Sector RRG has Utilities in the Leading quadrant with the trail still strengthening, it matches 2 of 39 tracked screener presets, and it's within 12.6% of its 52-week high. The main caution: deleveraging's Backtest win rate is only 45.8%. Net: Mixed signal stack, not a recommendation. ? RRG Conviction 52W High Backtest
Sources
Utilities in Leading quadrant · Conviction 2/39 · 12.6% from 52W high · Backtest win rate 45.8%
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🌏 Global Investor Returns
Currency-adjusted total returns for CNP including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric; Natural Gas; and Corporate and Other segments. The Electric segment provides electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market in Indiana Electric’s service territory. The Natural Gas segment engages in the intrastate natural gas sales, and natural gas transportation and distribution for residential, commercial, and industrial customers in Indiana, Minnesota, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provides home appliance maintenance and repair services to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. As of December 31, 2025, it served approximately 2,859,313 metered customers; owned 355 substations with transformer capacity of 81,692 megavolt amperes; and owned and operated approximately 208 miles of intrastate pipeline in Louisiana and Texas. The company was founded in 1866 and is headquartered in Houston, Texas.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding CNP
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 138.39M $164.1M 0.21% Mar 2026
Steve Cohen Point72 Asset Management 1.32M $57.1M 0.07% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Net Income
$244M
Not disclosed
Non-GAAP EPS
$0.40
+37.9% YoY
10-Year Capital Plan
$66.7B
+$1.2B vs prior plan
Batch Zero Eligible Load
14 GW
+65% vs current system peak
What Went Right
  • Q2 2026 non-GAAP EPS of $0.40 beat the prior-year $0.29, with growth and regulatory recovery adding $0.10 per share.
  • Approximately 14 GW of Batch Zero eligible load projects represent a 65% increase from Houston Electric's 21 GW system peak and drive an estimated $5 billion in customer savings over the next decade.
  • The capital plan was increased by $1.2 billion to $66.7 billion with no additional equity financing required, supported by CAMT clarifications and financing tailwinds.
What to Watch
  • 3 GW of Batch Zero submissions remain pending ERCOT study approval and the path to energization is currently unclear.
  • Milder weather in Texas and Indiana resulted in a $0.01 per share unfavorable weather/usage variance versus the prior year.
  • Higher interest expense from new issuances was a $0.01 per share headwind, and Moody's outlook remains negative despite improving credit metrics.
Management Guidance
  • No quarterly revenue guidance provided.
  • Full-year 2026 non-GAAP EPS guidance reiterated at $1.89-$1.91, targeting at least the midpoint, representing 8% growth over 2025.
  • Long-term non-GAAP EPS growth expected at 7%-9% annually through 2035, with mid-to-high end growth through 2028.
Investor Lens
The investment thesis is stronger after this call. The company converted large-load interest into tangible 14 GW of eligible load, raised its 10-year capex plan by $1.2 billion without incremental equity, and reiterated its 2026 EPS guidance. Cash flow tailwinds from demand charges, CAMT refunds and potential temporary generation unit monetisation add upside. Key risk remains ERCOT approvals for the remaining 3 GW and execution on a large initial transmission build-out.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Strong Q2 with $0.40 EPS and 14 GW of new large-load growth
Revenue
Not discussed.
Profitability
GAAP net income was $244 million, or $0.37 per diluted share. Non-GAAP EPS came in at $0.40 versus $0.29 in the prior-year quarter, driven by $0.10 of growth and rate recovery and $0.02 of O&M favour ability.
Margins
Not discussed.
Balance Sheet
Adjusted FFO to debt under Moody's methodology improved to 13.4%, up nearly 100 basis points from Q1; a CAMT-related tax refund in Q3 could add roughly 30 basis points. Q2 capex was $1.5 billion, with 40% of the planned $6.8 billion invested in the first half, and the 10-year plan now totals $66.7 billion without additional equity.
Key Risks
Management flagged 3 GW of Batch Zero projects still awaiting ERCOT study approval. Analysts also raised the risk of delays from permitting and ERCOT allocation processes, and the Moody's outlook remains negative despite credit metric improvement.
Outlook
The company reiterated full-year 2026 non-GAAP EPS guidance of $1.89-$1.91, targeting at least the midpoint. It expects 7%-9% annual EPS growth through 2035 and plans to provide a comprehensive transmission study update in the second half of 2026.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-28
Q2 2026 delivered strong financial results with non-GAAP EPS of $0.40 and a reaffirmed full-year guidance. A $1.2B capital plan increase supports major load growth in Houston and Indiana, with no additional equity needed and significant customer savings projected over the next decade.
Q1 2026 Q1 2026 2026-04-23
Q1 2026 delivered strong non-GAAP EPS of $0.56 and robust load growth, especially in Houston, with 12.2 GW of new industrial demand. Full-year guidance was reiterated, and significant capital investment opportunities are emerging in both Houston and Indiana.
Q4 2025 Q4 2025 2026-02-19
Delivered 9% non-GAAP EPS and dividend growth in 2025, raised the 10-year capital plan to over $65 billion, and accelerated Houston Electric's peak load forecast by two years. Regulatory and tax changes improve credit metrics and support further capital investment.
Q3 2025 Q3 2025 2025-10-23
Q3 2025 non-GAAP EPS rose 60% year-over-year to $0.50, with strong growth in Houston and industrial segments. The $2.6B Ohio Gas LDC sale will fund Texas investments, supporting a 7%-9% annual EPS growth target through 2035.
Q2 2025 Q2 2025 2025-07-24
Q2 2025 Non-GAAP EPS was $0.29, with robust load growth in Texas and a $500M capital plan increase. The Ohio Gas LDC sale will fund Texas investments, and 2025 EPS guidance of $1.74-$1.76 is reaffirmed, with no incremental equity needed for announced capital increases.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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No Investment Recommendation:
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Information Sources:
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