Centerpoint Energy
CenterPoint Energy CEO David Lesar told financial analysts the company will "simplify the story" as it attempts to overcome recent bad news.
Enable Midstream partners CenterPoint and OGE lost $1.2 billion and $492 million, respectively, following the partnership’s recent cutbacks.
The Texas PUC approved several measures addressing delinquent customer accounts and other issues related to the COVID-19 coronavirus pandemic.
CenterPoint Energy interim CEO John Somerhalder introduced himself to analysts during the company's fourth-quarter earnings call.
Calling it a “leadership transition,” CenterPoint Energy announced that Scott Prochazka has stepped down as the utility’s CEO.
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.
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.
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
CenterPoint Energy beat both analysts’ expectations and its performance a year ago by reporting second-quarter earnings of $165 million ($0.33/share).
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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