30.04 0.00 (0.00%)
After hours: 4:47PM EDT
|Bid||30.04 x 4000|
|Ask||30.05 x 1200|
|Day's Range||29.86 - 30.21|
|52 Week Range||26.74 - 31.42|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||26.56|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||1.15 (3.84%)|
|1y Target Est||31.53|
Houston, TX, Sept. 16, 2019 -- Date: November 7, 2019 Time: 9:00 a.m. Central time or 10:00 a.m. Eastern time Listen via internet:.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Enable Midstream Partners, LP and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Spot power prices in Texas for Friday crashed from a record high as consumers responded to requests from the state's grid operator to turn down their air conditioners and take other steps to save energy during a brutal heat wave. High temperatures in Houston hit 100 degrees Fahrenheit (38 Celsius) on Thursday and were expected to top that on Friday and come close to triple digits over the weekend before slipping to the mid 90s next week, according to AccuWeather. The Electric Reliability Council of Texas (ERCOT) called on Texans to conserve energy on Thursday and Friday by limiting the use of large appliances and turning the thermostat on their air conditioners up a few degrees.
CenterPoint (CNP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Spot power prices in Texas soared to a record high for Thursday as consumers cranked up their air conditioners to escape another brutal heat wave. The combination of heat and humidity will make it feel more like 108 F in Houston Thursday afternoon and above 110 over the weekend. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, called on consumers to conserve energy on Thursday and Friday.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...
Utility stocks and funds are in a fortuitous position right now. Investors tend to seek them out when recession fears creep (like they are right now), and they also tend to perform well when interest rates decline.Several countries have shown signs of economic weakness, sparking worries about a global recession. The U.S.-Chinese trade war hasn't helped, blunting the growth of the planet's two largest economies. And Derek Horstmeyer, an assistant finance professor at George Mason University, points out what many experts have said about the yield curve's recent inversion. Namely, he calls it a "strong signal that we are in the late stages of economic expansion and may indeed be headed for a recession within the next 18 months." That's a boon to safe-haven sectors such as utilities and consumer staples, as what they produce is always in demand, no matter what the economy is doing. Utility stocks, with their high returns on assets and high dividends, should be considered given that they "tend to do well in late-cycle periods," Horstmeyer says.The utility sector also is attractive as interest rates fall, says Robert Johnson, a finance professor at Creighton University. "The dividend yield on the utility sector is especially attractive in this abnormally low-interest-rate environment as the yields on utility stocks exceed the yields on long-term U.S. government debt by a substantial margin," he says.Here are 11 utility stocks and fund to buy for safety and income. This list includes a few standouts in the sector, as well as several ways to diversify your risk while collecting these stocks' above-average dividends. SEE ALSO: All 30 Dow Stocks Ranked: The Analysts Weigh In
Vectren Energy Delivery of Ohio (Vectren), a CenterPoint Energy (CNP) company, received approval today from the Public Utilities Commission of Ohio (PUCO) authorizing its plans to adjust charges for Vectren’s natural gas distribution business in its 17-county service area in west central Ohio. The request to increase base rates for its natural gas delivery charges is the first Vectren has filed in more than a decade and will cover the ongoing costs of operating, maintaining and expanding the approximately 5,600-mile pipeline system used to serve its 318,000 natural gas customers.
The Miami Valley is still reeling from unprecedented tornado devastation. To help, the Vectren Foundation is providing $600,000 in grants for rebuilding local neighborhoods impacted by the Memorial Day 2019 tornadoes. “Our partnerships with Habitat for Humanity of Greater Dayton and Rebuilding Together Dayton span more than 17 years.
Today we'll evaluate CenterPoint Energy, Inc. (NYSE:CNP) to determine whether it could have potential as an investment...
Spot power prices in Texas almost tripled to a record high for Friday as the state's grid operator took emergency measures for a second time this week to keep the lights on as consumers cranked up their air conditioners to escape a heat wave. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, called on consumers to conserve energy and issued energy emergency alerts on Tuesday and Thursday after the shutdown of some generation and curtailment of some power lines caused reserves to fall. Next-day power prices at the ERCOT North hub soared from $265 per megawatt hour (MWh) for Thursday to $751 for Friday, their highest on record, according to Refinitiv data going back to 2010.
HOUSTON , Aug. 15, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the closing on August 14, 2019 of its offering and sale of $1.2 billion of senior notes comprised of $500 million ...
Spot power prices in Texas for Wednesday almost tripled after electricity demand hit record highs earlier this week and real-time prices briefly soared to $9,000 per megawatt hour as consumers cranked up air conditioners to escape a brutal heat wave. With less heat expected, the Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, projected demand would only reach around 71,800 megawatts (MW) Wednesday.
Demand for electricity in Texas on Tuesday will break a record high that was hit on Monday as consumers keep their air conditioners cranked up to escape a heat wave baking much of the U.S. Southeast, according to the state's power grid operator. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, projected demand will rise over 75,100 megawatts (MW) on Tuesday, topping Monday's preliminary peak of 74,531 MW. One megawatt can power about 1,000 U.S. homes on average, but as few as 200 during periods of peak demand.
Demand for electricity in Texas hit a record on Monday as consumers cranked up their air conditioners to escape a heat wave that is currently baking much of the Southeastern United States, according to the state's power grid operator. The U.S. National Weather Service issued heat advisories for much of the Southeast. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, reported demand hit 74,531 megawatts (MW) at 5 p.m. CDT (2200 GMT) on Monday and could approach 75,000 MW on Tuesday.
Demand for electricity in Texas will reach record levels on Monday and Tuesday as consumers crank up their air conditioners to escape a heat wave baking much of the U.S. Southeast, according to projections by the state's power grid operator. High temperatures in Houston, Texas' biggest city, will hit 100 degrees Fahrenheit (38 Celsius) on Monday and Tuesday, according to AccuWeather forecasts. The normal high in Houston at this time of year is 96 F (36 C).
Spot power prices in Texas almost doubled for Wednesday on forecasts demand for electricity would hit record levels next week as consumers crank up their air conditioners to escape a heat wave baking much of the state. High temperatures in Houston, the biggest city in the Lone Star State, were expected to near 100 degrees Fahrenheit (38 Celsius) every day through Aug. 13, according to AccuWeather meteorologists. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, forecast that heat would push peak demand to more than 74,200 megawatts (MW) on Aug. 12, which would top the current all-time high of 73,473 MW set on July 19, 2018.
CenterPoint (CNP) delivered earnings and revenue surprises of 12.90% and -1.19%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
• Reiterate 2019 EPS guidance and 5-year guidance basis EPS growth target
CenterPoint Energy (NYSE: CNP ) unveils its next round of earnings this Wednesday, August 7. Get prepared with Benzinga's ultimate preview for CenterPoint Energy's Q2 earnings. Earnings and Revenue Wall ...