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CenterPoint Energy, Inc. (CNP)

-NYSE

24.30 Up 0.20(0.83%) May 17, 4:01PM EDT|After Hours : 24.25 Down 0.05 (0.20%) May 17, 5:10PM EDT

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CenterPoint Energy, Inc.
1111 Louisiana Street
Houston, TX 77002
United States - Map
Phone: 713-207-1111
Fax: 713-207-3169
Website: http://www.centerpointenergy.com

Details 
Index Membership:Dow Jones Composite
Dow Utilites
Sector:Utilities
Industry:Diversified Utilities
Full Time Employees:8,720

Business Summary 

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment engages in the transmission and distribution of electricity to retail electric providers (REPs), municipalities, electric cooperatives, and other distribution companies. As of December 31, 2012, this segment owned 28,011 pole miles of overhead distribution lines and 3,713 circuit miles of overhead transmission lines; 21,151 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 233 substations with a capacity of 54,325 megavolt amperes. Its Natural Gas Distribution segment is involved in regulated intrastate natural gas sales to, and natural gas transportation for residential, commercial, and industrial customers; provides unregulated services consisting of heating, ventilating, and air conditioning (HVAC) equipment and appliance repair; and sells HVAC, and hearth and water heating equipment. As of December 31, 2012, this segment owned approximately 72,000 linear miles of natural gas distribution mains. The CenterPoint Energy, Inc.’s Competitive Natural Gas Sales and Services segment offers physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services and financial products. The company’s Interstate Pipelines segment operates approximately 8,000 miles of natural gas transmission lines, and 6 natural gas storage fields. Its Field Services segment provides operating and technical services, and remote data monitoring and communication services; and owns and operates approximately 4,600 miles of gathering pipelines and processing plants that collect, treat, and process natural gas. The company was founded in 1882 and is headquartered in Houston, Texas.

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Corporate Governance 
CenterPoint Energy, Inc.’s ISS Governance QuickScore as of May 1, 2013 is 4. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. David M. McClanahan , 63
Chief Exec. Officer, Pres and Director
2.73M2.78M
Mr. Gary L. Whitlock , 63
Chief Financial Officer and Exec. VP
1.15M354.00K
Mr. Scott E. Rozzell , 63
Exec. VP, Gen. Counsel and Corp. Sec.
1.10M0.00
Mr. Thomas R. Standish , 63
Exec. VP and Group Pres of Corp. & Energy Services
1.17M603.00K
Mr. C. Gregory Harper , 48
Sr. VP and Group Pres of Pipelines & Field Services
717.00K0.00
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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