Company Reports

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $34 billion over the next five years, supporting our assumption that management can achieve the high end of its 7%-9% annual earnings growth target.

On Aug. 3, Texas Gov. Greg Abbott directed state utilities regulators and the state's electric grid operator to pause data center approvals and audit all applications seeking interconnection to the Texas grid.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $36 billion over the next five years, supporting our assumption that management can achieve the high end of its 7%-9% annual earnings growth target.

CenterPoint Energy reported second-quarter operating earnings per share of $0.40, up from $0.29 in the year-ago quarter, in line with our and management's expectations.

CenterPoint Energy reported first-quarter operating earnings of $0.56 per share, up from $0.53 in the first quarter of 2025. This is in line with our and management's expectations.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $36 billion over the next five years, supporting our assumption that management can achieve the high end of its 7%-9% annual earnings growth target.

CenterPoint Energy reported full-year operating earnings per share of $1.76, up from $1.62 in 2024. Earnings were in line with our and management's expectations.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $32 billion over the next five years, supporting our expectation that management can achieve the high end of its 7%-9% annual earnings growth target from 2026 to 2028.

CenterPoint Energy reported third-quarter operating earnings per share of $0.50, up from $0.31 per share in 2024.

CenterPoint Energy increased 2025 earnings guidance to $1.75-$1.77 per share, initiated 2026 EPS guidance of $1.89-$1.91, rolled forward and increased 2026-28 EPS growth guidance of 7%-9%, and introduced a $65 billion 10-year capital investment plan with an additional $10 billion of opportunities.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $31 billion over the next five years, supporting our expectation that management can achieve the high end of its 7%-9% annual earnings growth target from 2026 to 2028.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $28.5 billion over the next five years, supporting our expectation that management will exceed its 6%-8% annual earnings growth target, particularly in the back half of our forecast.

CenterPoint Energy reported second-quarter operating earnings per share of $0.29, down from $0.36 per share in the second quarter of 2024.

CenterPoint Energy reported first-quarter operating earnings per share of $0.53, down from $0.55 in the first quarter of 2024.

Utilities have limited direct exposure to the tariffs announced by the Trump administration, but falling energy demand or regulatory pushback to utilities' investment plans could slow earnings growth if economic conditions deteriorate.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest $27.5 billion over the next five years, supporting our expectation that management can achieve the high end of its 6%-8% annual earnings growth target through 2030, in line with our estimate in 2025-29.

CenterPoint Energy reported 2024 operating earnings per share of $1.62, up from $1.50 in 2023 and in line with our expectations.

CenterPoint Energy announced it had reached a settlement agreement in its Houston 2024 electric rate case with key parties, including the City of Houston.

CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest roughly $25 billion over the next five years, supporting our expectation that management can achieve the high end of its 6%-8% annual earnings growth target through 2030, in line with our estimate in 2024-28.

We are increasing our fair value estimate by $1 to $29 per share for narrow-moat CenterPoint Energy after the company reported third-quarter operating earnings per share of $0.31 compared with $0.40 in the same year-ago period.