CenterPoint Energy stock gains as USD 2.62 billion sale closes
CenterPoint Energy's stock increased by $0.58 to $37.79 after the successful $2.62 billion sale of its Ohio natural gas distribution business to National Fuel Gas Company. This sale provides fresh capital to support CenterPoint's $66.7 billion, 10-year capital plan focused on its electric and natural gas systems across Indiana, Minnesota, and Texas. The company also reported strong Q2 2026 adjusted EPS and revenue, beating analyst estimates, and maintains a "Moderate Buy" rating from analysts with an average price target of $44.93.
CenterPoint Energy stock gains 1.56 percent after USD 2.62 billion sale
CenterPoint Energy (CNP) stock rose 1.56% after completing the $2.62 billion sale of its Ohio natural gas business. The company also reported Q2 2026 adjusted EPS of $0.40, beating the $0.37 consensus, and reaffirmed its full-year guidance. Despite a lowered price target from Morgan Stanley, the stock closed above its yearly low, indicating investor confidence in its infrastructure investments and earnings growth.
CenterPoint Energy sells Ohio unit. CenterPoint Energy stock sits 16.79 percent below its high
CenterPoint Energy has completed the sale of its Ohio natural gas business for $2.62 billion, using the proceeds to fund its 10-year capital plan. The company's second-quarter 2026 revenue and adjusted earnings per share beat estimates, though its stock remains below its 52-week high.
National Fuel Gas Company Completes Acquisition of CenterPoint Energy's Ohio Natural Gas Utility
National Fuel Gas Company has completed its acquisition of CenterPoint Energy's Ohio natural gas utility business, Vectren Energy Delivery of Ohio, LLC. The newly acquired utility, serving approximately 335,000 customers in Ohio, will be renamed National Fuel Gas Distribution of Ohio, LLC. This acquisition significantly expands National Fuel's regulated footprint, doubling its utility rate base and strengthening its long-term foundation.
National Fuel Acquires CenterPoint's Ohio Gas Utility for $2.62B
National Fuel Gas Company (NFG) has completed the acquisition of CenterPoint Energy's (CNP) Ohio natural gas utility business for $2.62 billion, adding approximately 335,000 customers and expanding its utility customer base to nearly 1.1 million. This acquisition is expected to double NFG's gas utility rate base to about $3.2 billion, increase regulated cash flows, and be immediately accretive to regulated EPS. The deal highlights continued consolidation in the oil and energy sector, aiming to strengthen market positions and financial stability.
CenterPoint closes $2.62B sale of Dayton natural gas business to New York utility company
CenterPoint Energy has completed the sale of its Ohio natural gas business for $2.62 billion to a New York-based utility company. The acquiring company now serves approximately 1.1 million customers, including 335,000 across 16 counties in the Dayton and Greater Miami Valley region. This acquisition marks a significant change in the natural gas service providers for the area.
National Fuel Gas Company Completes Acquisition of CenterPoint Energy's Ohio Natural Gas Utility
National Fuel Gas Company has completed its acquisition of CenterPoint Energy's Ohio natural gas utility business, Vectren Energy Delivery of Ohio, LLC. The newly acquired utility, which will be renamed National Fuel Gas Distribution of Ohio, LLC, serves approximately 335,000 customers. This acquisition significantly expands National Fuel's regulated footprint, doubling its utility rate base and adding 200 employees, while ensuring uninterrupted natural gas service for customers.
National Fuel Gas Company completed the acquisition of Vectren Energy Delivery of Ohio, LLC from CenterPoint Energy Resources Corp.
National Fuel Gas Company announced the completion of its acquisition of Vectren Energy Delivery of Ohio, LLC from CenterPoint Energy Resources Corp. for $2.6 billion. The newly acquired utility will be renamed National Fuel Gas Distribution of Ohio, LLC, and approximately 200 employees will join National Fuel as part of the transaction. The acquisition, which was previously approved by the Public Utilities Commission of Ohio, is expected to be immediately accretive to National Fuel's regulated earnings per share.
CenterPoint Energy completes $2.62B Ohio gas unit sale By Investing.com
CenterPoint Energy has finalized the sale of its Ohio natural gas distribution business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company for $2.62 billion. This divestiture allows CenterPoint to focus on its long-term capital plan and investments in electric and natural gas systems within its core utility footprint in Indiana, Minnesota, and Texas. National Fuel Gas Company will now serve approximately 335,000 customers in West Central Ohio.
CenterPoint Energy completes $2.62B Ohio gas unit sale By Investing.com
CenterPoint Energy has finalized the sale of its Ohio natural gas distribution business to National Fuel Gas Company for $2.62 billion. This transaction includes 5,900 miles of gas pipeline serving approximately 335,000 customers. The proceeds will fund CenterPoint's $66.7 billion capital plan, as the company exits the Ohio gas market to focus on its core operations in Indiana, Minnesota, and Texas.
CenterPoint Energy (CNP) Completes $2.62 Billion Sale of Ohio Utility Vectren to National Fuel Gas
CenterPoint Energy (CNP) has finalized the sale of its indirect subsidiary, Vectren Energy Delivery of Ohio, LLC (VEDO), to National Fuel Gas Company for a total of $2.62 billion. The consideration included $1.42 billion in cash and a $1.20 billion promissory note issued by National Fuel Gas, bearing interest at 6.50% per annum and maturing on September 30, 2027. The promissory note includes covenants that the borrower must comply with, such as maintaining a consolidated indebtedness to consolidated capitalization ratio below 0.65 to 1.0.
National Fuel Gas Company Completes Acquisition of CenterPoint Energy’s Ohio Natural Gas Utility Business
National Fuel Gas Company has completed its acquisition of CenterPoint Energy's Ohio natural gas utility business, Vectren Energy Delivery of Ohio, which will now operate as National Fuel Gas Distribution of Ohio, LLC. This strategic move significantly expands National Fuel's regulated utility operations, doubling its utility rate base and increasing its customer base to approximately 1.1 million, while also welcoming 200 new employees. The acquisition enhances the company's presence in a supportive regulatory environment in Ohio and is expected to provide further investment opportunities, with no immediate service changes for customers.
CenterPoint Energy completes $2.62B Ohio gas unit sale By Investing.com
CenterPoint Energy has completed the sale of its Ohio natural gas distribution business to National Fuel Gas Company for $2.62 billion. This transaction includes Vectren Energy Delivery of Ohio, serving approximately 335,000 customers. The proceeds from this sale will support CenterPoint's $66.7 billion, 10-year capital plan focused on investments in its core utility operations in Indiana, Minnesota, and Texas, marking its exit from the Ohio natural gas market.
National Fuel Gas Company Completes Acquisition of CenterPoint Energy’s Ohio Natural Gas Utility
National Fuel Gas Company (NYSE: NFG) has successfully acquired CenterPoint Energy’s Ohio natural gas utility business, Vectren Energy Delivery of Ohio, LLC, which will now operate as National Fuel Gas Distribution of Ohio, LLC. This acquisition significantly expands National Fuel's regulated footprint, doubling its utility rate base and adding approximately 335,000 customers across 16 counties in Ohio, bringing its total customer base to 1.1 million. The company emphasized that natural gas service for Ohio customers will continue without interruption, and approximately 200 employees will join National Fuel as part of the transaction.
National Fuel completes acquisition of Ohio gas utility By Investing.com
National Fuel Gas Company has completed its acquisition of CenterPoint Energy’s Ohio natural gas utility business, Vectren Energy Delivery of Ohio, LLC. The acquired utility will be renamed National Fuel Gas Distribution of Ohio, LLC and serves approximately 335,000 customers, effectively doubling National Fuel’s utility rate base and expanding its customer base to 1.1 million. This acquisition marks a significant step in National Fuel's strategy to grow its regulated utility business, with natural gas service continuing uninterrupted for customers and approximately 200 employees joining National Fuel.
CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion
CenterPoint Energy has completed the sale of its Ohio natural gas business, Vectren Energy Delivery of Ohio, LLC, to National Fuel Gas Company for $2.62 billion. This transaction, which received all necessary federal and state approvals, includes approximately 5,900 miles of gas pipeline serving about 335,000 customers. The proceeds will support CenterPoint's $66.7 billion, 10-year capital plan, focusing on investments in its core utility footprint.
CenterPoint Energy (CNP) Closes $2.62B Sale of Ohio Gas Unit
CenterPoint Energy (CNP) has successfully completed the sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion. This transaction signifies CenterPoint's strategy to streamline its portfolio by divesting non-core assets. The completion removes closing risk, allowing CenterPoint to utilize the proceeds for potential debt reduction or capital expenditures, though specific guidance on the use of funds is still awaited.
CenterPoint Energy stock sets an October earnings date
CenterPoint Energy (CNP) has scheduled its third-quarter 2026 earnings release for October 27, 2026, following a second-quarter EPS beat. The utility maintained its 2026 non-GAAP EPS guidance of $1.89-$1.91 and increased its 10-year capital plan to $66.7 billion. The company had a market capitalization of $24.4 billion as of September 30, 2026.
Plains All American Pipeline and Plains GP Holdings Announce Appointment of New Chief Operating Officer
Plains All American Pipeline, L.P. and Plains GP Holdings announced the appointment of Dean Liollio as Executive Vice President and Chief Operating Officer, effective October 2, 2026. Mr. Liollio, who previously served as Senior Vice President, Special Projects, replaces Chris Chandler, who is resigning to pursue other interests. CEO Willie Chiang praised Liollio's qualifications and acknowledged Chandler's contributions.
Why your Houston energy bill may be higher in September, even with a fixed-rate plan
Houston residents are seeing higher energy bills starting this month due to an increase in CenterPoint Energy's transmission and distribution charges, which went up by nearly 30% from March. This seasonal adjustment, common for Texas utilities, significantly impacts customers even those on fixed-rate electricity plans, as these plans only cover electricity charges, not delivery fees. The increase aims to cover maintenance costs and ensure CenterPoint's rate of return, leading to an average $14 rise for consumers.
Scotiabank Adjusts PT on CenterPoint Energy to $46 From $49, Maintains Sector Outperform Rating
Scotiabank has revised its price target for CenterPoint Energy (CNP) down to $46 from $49, while retaining a Sector Outperform rating on the stock. This adjustment comes amidst other recent analyst rating changes and financial news concerning CenterPoint Energy, including dividend announcements and a significant grant from the U.S. Energy Department. The company continues to maintain a quarterly dividend of $0.24 per share.
Dean Liollio named EVP & COO as Chris Chandler to resign at Plains All American Pipeline
Plains All American Pipeline (PAA) has appointed Dean Liollio as its new Executive Vice President and Chief Operating Officer, effective October 2, 2026. This appointment follows the resignation of Chris Chandler, who is stepping down to pursue other interests. Liollio, 67, brings extensive experience from various leadership roles within Plains.
Plains All American names Dean Liollio as chief operating officer
Plains All American Pipeline, L.P. and Plains GP Holdings have appointed Dean Liollio as their new Executive Vice President and Chief Operating Officer, effective Thursday. Liollio, 67, replaces Chris Chandler and brings extensive experience from various leadership roles within Plains Midstream Canada and other energy companies. His appointment is expected to leverage his significant contributions to the company's recent initiatives.
Scotiabank Adjusts PT on CenterPoint Energy to $46 From $49, Maintains Sector Outperform Rating
Scotiabank has adjusted its price target for CenterPoint Energy (CNP) from $49 to $46, while still maintaining a Sector Outperform rating. The article also notes that CenterPoint Energy currently has an average overweight rating and a mean price target of $45.27. Access to the full MT Newswires article requires a premium subscription.
Plains All American Pipeline and Plains GP Holdings Announce Appointment of New Chief Operating Officer
Plains All American Pipeline, L.P. and Plains GP Holdings announced the appointment of Dean Liollio as Executive Vice President and Chief Operating Officer, effective October 2, 2026. Mr. Liollio, previously Senior Vice President, Special Projects, will replace Chris Chandler, who is resigning to pursue other interests. The companies highlighted Liollio's extensive experience within Plains and in previous executive roles in the energy sector.
Long term debt to total assets ratio of CenterPoint Energy, Inc. – HAN:HOU
This article focuses on the long-term debt to total assets ratio of CenterPoint Energy, Inc. (HAN:HOU). It appears to be a financial data point provided by TradingView, indicating no current trades for the company on the Hannover Stock Exchange. The content suggests it's a snapshot of a financial metric for investors or analysts.
CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2026 Earnings Conference Call
CenterPoint Energy, Inc. (NYSE: CNP) will host a conference call on Tuesday, October 27, 2026, at 7:00 a.m. Central time to discuss its Third Quarter 2026 results. The company will release its earnings before the market opens on the same day and will provide a live audio webcast of the call accessible via its website. CenterPoint Energy is an energy delivery company serving over 7 million metered customers across Indiana, Minnesota, Ohio, and Texas.
CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2026 Earnings Conference Call
CenterPoint Energy, Inc. (NYSE: CNP) announced it will host a conference call on Tuesday, October 27, 2026, at 7:00 a.m. Central time to discuss its Third Quarter 2026 financial results. The earnings will be released before market open on the same day. A live audio webcast of the call will be available on CenterPointEnergy.com, and an archive will be accessible for at least one year.
Hunton Advises on Georgia Power Company’s Tax-Exempt Remarketing
Hunton Andrews Kurth LLP represented the remarketing agent for Georgia Power Company's (GPC) $40 million Development Authority of Monroe County Pollution Control Revenue Bonds. These bonds were originally issued to refinance facilities at GPC's Plant Scherer. GPC is a wholly-owned subsidiary of The Southern Company, providing electric service across Georgia.
CenterPoint Energy stock trades at EUR 32.48 with plus 0.68 percent
CenterPoint Energy (CNP) stock traded at EUR 32.48, up 0.68% at Lang & Schwarz. The company reported Q2 adjusted EPS of USD 0.40, beating the USD 0.37 consensus, and reiterated its 2026 non-GAAP EPS guidance. CenterPoint also increased its 10-year capital investment plan to USD 66.7 billion to support growth in Houston and strengthen its electric network.
Rep. Kevin Hern Unloads Shares of Honeywell International Inc. (NASDAQ:HON)
Representative Kevin Hern recently sold shares of Honeywell International Inc. (NASDAQ:HON) valued between $15,001 and $50,000 on August 31st through the Hern Family Foundation account, alongside sales of several other stocks in mid-September. Honeywell shares opened down 0.5% at $211.52, trading below their 50-day and 200-day moving averages, despite the company recently beating earnings estimates and announcing a $0.70 quarterly dividend. Analyst sentiment on HON is mixed, with a consensus "Hold" rating and an average price target of $251.88.
Rep. Kevin Hern Sells Shares of ONEOK, Inc. (NYSE:OKE)
Representative Kevin Hern (R-Oklahoma) recently sold between $50,001 and $100,000 worth of ONEOK, Inc. (NYSE:OKE) shares on August 31st through his family foundation. The article details ONEOK's financial performance, including its recent quarterly earnings that beat estimates, its dividend, and institutional ownership. It also includes analyst ratings and other stock sales made by Rep. Hern, such as CenterPoint Energy and NextEra Energy.
Brace Yourself For Higher Energy Bills
CenterPoint Energy is increasing its transmission and distribution charge from 4.99 cents to 6.41 cents per kilowatt-hour, leading to an estimated $14 increase in energy bills for Houston-area residents. This charge can change even on fixed-rate plans, and while such increases are typically biannual, this 28.3% hike is notably large. Consumers in Houston have limited options to mitigate this, mainly resorting to complaints to the Public Utility Commission.
TJX Companies (NYSE:TJX) Shares Sold by Rep. Kevin Hern
Rep. Kevin Hern sold shares of TJX Companies (NYSE:TJX) from the HERN FAMILY FOUNDATION account on August 31, valued between $15,001 and $50,000, and again on September 15 for $1,001–$15,000. Despite recent analyst downgrades to "Hold," TJX beat quarterly earnings and revenue expectations with $1.22 EPS and $15.18 billion in revenue, and declared a quarterly dividend of $0.48 per share. The company currently holds a consensus "Moderate Buy" rating with an average price target of $171.63.
Rockwell Automation (NYSE:ROK) Stock Sale Reported by Rep. Kevin Hern
Rep. Kevin Hern sold between $15,001 and $50,000 worth of Rockwell Automation shares on September 14, 2026, through his family foundation, alongside sales of several other stocks. Despite the stock trading down 0.5% at $431.86, Rockwell Automation reported strong quarterly earnings and revenue, exceeding analyst expectations, and authorized a $1 billion stock buyback. The company holds a mixed outlook from analysts, with institutional investors owning a significant portion of shares.
Marsh & McLennan Companies (NYSE:MRSH) Shares Sold Off by Rep. Kevin Hern
Representative Kevin Hern recently sold shares of Marsh & McLennan Companies (NYSE: MRSH) from his family's revocable trust on two separate occasions in September. The company's stock opened at $168.97, below its 50-day moving average, and reported strong quarterly earnings, beating analyst estimates. Despite these sales, the consensus analyst rating for Marsh & McLennan Companies remains "Hold" with an average price target of $203.50.
Emerson Electric (NYSE:EMR) Stock Sale Revealed by Rep. Kevin Hern
Representative Kevin Hern of Oklahoma sold between $15,001 and $50,000 worth of Emerson Electric (NYSE: EMR) shares on September 14th through his family foundation account. This sale was part of several other stock transactions made by Hern around the same time. Despite the sale, Emerson Electric recently reported strong quarterly earnings, beating analyst estimates, and maintains a "Moderate Buy" consensus rating from analysts with an average price target of $169.65.
Rep. Kevin Hern Sells Shares of The Home Depot, Inc. (NYSE:HD)
Rep. Kevin Hern recently sold shares of The Home Depot (NYSE: HD) worth between $15,001 and $50,000 from his family foundation account on September 14, 2026. This comes as Home Depot reported stronger-than-expected quarterly results, including EPS of $4.92 and revenue of $47.86 billion, with the company also offering a 3.2% annualized dividend yield. Despite positive earnings and a "Moderate Buy" analyst consensus, the stock is trading near its 52-week low, with higher mortgage rates and weak housing turnover posing significant risks.
Devon Energy (NYSE:DVN) Stock Sale Reported by Rep. Kevin Hern
Rep. Kevin Hern sold shares of Devon Energy (NYSE:DVN) worth $15,001–$50,000 on September 14, 2026, through his family foundation, as part of broader sales in various companies. This comes amidst strong quarterly results for Devon Energy, which reported EPS of $1.57, revenue up 73.1% year-over-year, and a quarterly dividend of $0.32 per share. Despite the congressional sale, analyst sentiment remains a "Moderate Buy" with a $59.72 price target, and institutional ownership stands at 69.72%.
Rep. Kevin Hern Sells Shares of Colgate-Palmolive Company (NYSE:CL)
Representative Kevin Hern (Republican-Oklahoma) recently sold between $1,001 and $15,000 worth of Colgate-Palmolive (NYSE: CL) stock on September 2nd through his family trust, as disclosed on September 25th. He also reported selling shares in several other companies earlier in September. Colgate-Palmolive reported strong quarterly earnings, beating estimates with $0.99 EPS and a 4.9% revenue increase to $5.36 billion, and declared a quarterly dividend of $0.53 per share.
CenterPoint Energy (NYSE:CNP) Stock Sale Disclosed by Rep. Kevin Hern
Rep. Kevin Hern sold between $15,001 and $50,000 worth of CenterPoint Energy (NYSE:CNP) stock on September 15th, alongside sales of several other company holdings from his traditional IRA. Despite the sale, CenterPoint Energy reported strong quarterly earnings of $0.40 per share, exceeding estimates, and maintained its 2026 EPS guidance. Analysts currently rate the stock as a "Moderate Buy" with an average price target of $44.93, and the company has declared a quarterly dividend of $0.24 per share.
Rep. Kevin Hern Unloads Shares of STERIS plc (NYSE:STE)
Rep. Kevin Hern sold between $15,001 and $50,000 worth of STERIS plc (NYSE:STE) shares from his traditional IRA on September 15, 2026, alongside other stock sales. STERIS recently reported strong quarterly earnings, beating estimates with $2.59 EPS and 7.3% revenue growth, and raised its quarterly dividend. Analysts maintain a "Moderate Buy" rating with a consensus price target of $271.33.
Apple (NASDAQ:AAPL) Stock Unloaded by Rep. Kevin Hern
Representative Kevin Hern sold shares of Apple stock, valued between $1,001 and $15,000, from his trust account on September 8th, alongside other stock sales. This occurred while Apple reported strong quarterly earnings exceeding analyst estimates and its stock traded near a 52-week high, maintaining a "Moderate Buy" consensus rating from analysts. The company faces both positive developments, such as new chip investments and a Qualcomm patent agreement, and potential legal risks from a large patent award and revived regulatory cases.
TJX Companies (NYSE:TJX) Stock Sold Off by Rep. Kevin Hern
Representative Kevin Hern recently sold shares of TJX Companies (NYSE:TJX) on two separate occasions in September, through his family foundation. Despite these sales, TJX Companies reported strong quarterly earnings, beating analyst estimates with a 5.4% year-over-year revenue increase and a $1.22 EPS. Analysts maintain a "Moderate Buy" rating with a consensus price target of $171.63, and the company also declared a quarterly dividend of $0.48 per share.
Rep. Kevin Hern Sells Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS)
Representative Kevin Hern of Oklahoma recently sold shares of Cadence Design Systems (NASDAQ: CDNS) valued between $15,001 and $50,000 on September 2nd, as disclosed in a September 25th filing. This sale, made through the Hern Family Foundation account, is part of broader recent divestments by the Representative, including shares in CenterPoint Energy, STERIS, Home Depot, and NextEra Energy. Cadence Design Systems reported strong quarterly earnings, exceeding analyst expectations, and maintains a "Moderate Buy" consensus rating from analysts with an average price target significantly above its recent share price.
Linde (NASDAQ:LIN) Stock Unloaded by Rep. Kevin Hern
Representative Kevin Hern recently sold between $15,001 and $50,000 worth of Linde (NASDAQ:LIN) stock from his family foundation account, alongside other stock sales in September. This occurred after Linde reported strong quarterly earnings of $4.50 EPS and $9.29 billion in revenue, exceeding analyst estimates. Despite the sale, analysts maintain a consensus "Buy" rating for Linde with an average price target of $544.60, and institutional investors hold a significant 82.8% of the company's stock.
CenterPoint Energy stock last trades at USD 36.67 on September 28, 2026
CenterPoint Energy stock last traded at USD 36.67 on September 28, 2026, marking a 0.46 percent decrease. The company's subsidiary, CenterPoint Energy Resources Corp., expanded its debt tender offers to USD 400.00 million. Additionally, CenterPoint Energy was selected for a proposed USD 50.00 million award from the U.S. Department of Energy for advanced substation technology upgrades in the Greater Houston area.
CenterPoint Secures $50M to Improve Houston Grid Resiliency
CenterPoint Energy has secured $50 million from the U.S. Department of Energy (DOE) to enhance grid resiliency and reliability in the Houston area. This funding is part of the DOE's SPARK initiative, which aims to invest $1.9 billion in grid improvement projects nationwide. CenterPoint will implement Siemens Energy's transmission grid stabilizing technology through Project TALON, a move expected to create over 500 local jobs and bolster the region's energy infrastructure against extreme weather.
CenterPoint Energy stock gets USD 0.24 quarterly dividend
CenterPoint Energy's board declared a quarterly dividend of USD 0.24, payable on December 10, 2026. The company reported improved Q2 2026 GAAP diluted EPS of USD 0.37, up from USD 0.30 a year prior, but its stock remains near its 52-week low. Morgan Stanley reduced its price target for CenterPoint Energy to USD 38, while the company also disclosed a recent cybersecurity incident.
CenterPoint Energy, Inc. (NYSE:CNP) Shareholders to Get $0.24 Quarterly Dividend
CenterPoint Energy, Inc. (NYSE:CNP) has declared a quarterly dividend of $0.24 per share, payable on December 10th to shareholders of record on November 19th. This equates to an annual dividend of $0.96 and a 2.6% yield, which appears well-covered by the company's earnings with a 51.1% payout ratio and five consecutive years of increases. Despite the positive dividend news and exceeding quarterly earnings expectations, CNP shares experienced a slight decline.
