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December 22, 2024

Centerpoint Energy

New CenterPoint CEO Promises to ‘Simplify the Story’
CenterPoint Energy CEO David Lesar told financial analysts the company will "simplify the story" as it attempts to overcome recent bad news.
Enable Losses Slam CenterPoint, OGE Energy
Enable Midstream partners CenterPoint and OGE lost $1.2 billion and $492 million, respectively, following the partnership’s recent cutbacks.
Texas PUC Briefs: March 26, 2020
The Texas PUC approved several measures addressing delinquent customer accounts and other issues related to the COVID-19 coronavirus pandemic.
CenterPoint’s Somerhalder Focused on Core Business
CenterPoint Energy interim CEO John Somerhalder introduced himself to analysts during the company's fourth-quarter earnings call.
Prochazka Steps down as CenterPoint CEO
Calling it a “leadership transition,” CenterPoint Energy announced that Scott Prochazka has stepped down as the utility’s CEO.
PUCT Approves Reduced CenterPoint Rate Request
Texas regulators approved a stipulated settlement of a CenterPoint Energy rate case that was a little more than 8% of the utility’s original request.
Texas PUC Delays AEP Texas, CenterPoint Rate Orders
The Texas PUC declined to issue final orders in rate cases involving CenterPoint Energy and AEP Texas, but it did approve several other rate recoveries.
Hot Summer Yields Positive Earnings for CenterPoint
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
CenterPoint Q2 Earnings Beat Expectations
CenterPoint Energy beat both analysts’ expectations and its performance a year ago by reporting second-quarter earnings of $165 million ($0.33/share).
Mild Weather Undercuts CenterPoint Q1 Earnings
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).

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