Centerpoint Energy
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
ERCOT told the Public Utility Commission of Texas that it will produce “higher quality estimates” for CenterPoint Energy's proposed transmission project.
The PUCT signaled its discomfort with the rising costs of CenterPoint Energy’s planned 345-kV transmission line to serve load in the Freeport area.
The Public Utility Commission of Texas approved a settlement agreement reducing AEP Texas’ annual revenue requirement by $27 million.
CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
The Public Utility Commission of Texas (PUCT) approved Southwestern Public Service Company’s (SPS) request to build a wind farm in Texas, clearing the way for a project that will provide renewable energy and economic benefits to SPS customers in the Lone Star State and New Mexico.
CenterPoint Energy announced that it will acquire Vectren in an approximately $6 billion deal expected to close in the first quarter of 2019.
The cut in federal corporate income taxes figured prominently in fourth quarter earnings reports by OGE Energy, CenterPoint Energy and Entergy.
The Top 30 saw improved profits in Q3 over 2016, but revenues fell, and more than half of the companies saw their top and bottom lines shrink.
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