27.92 0.00 (0.00%)
After hours: 4:31PM EDT
|Bid||27.91 x 1300|
|Ask||28.86 x 1100|
|Day's Range||27.71 - 27.96|
|52 Week Range||26.74 - 31.42|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||24.69|
|Forward Dividend & Yield||1.15 (4.13%)|
|1y Target Est||N/A|
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.
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?
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 ...
Spot power prices in Texas almost tripled for Tuesday on forecasts demand for electricity would hit record levels over the next week as consumers crank up their air conditioners to escape a heat wave blanketing much of the state. High temperatures in Houston, the biggest city in the Lone Star State, were expected to reach almost 100 degrees Fahrenheit (38 Celsius) every day over the next week, according to meteorologists at AccuWeather. The Electric Reliability Council of Texas (ERCOT), the grid operator for much of the state, forecast that heat would push peak demand to more than 73,600 megawatts (MW) on Aug. 8 and over 75,300 MW on Aug. 12.
CenterPoint Energy's (CNP) service territories witnesses above-average temperature along with heavy rainfall in the second quarter, which is likely to boost its quarterly results.
CenterPoint (CNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
CenterPoint Energy Inc NYSE:CNPView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for CNP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNP. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.97 billion over the last one-month into ETFs that hold CNP are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CNP credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Moody's Investors Service ("Moody's") affirmed the ratings of CenterPoint Energy Houston Electric, LLC (CEHE), including its A3 senior unsecured and Issuer rating, A1 senior secured rating and changed the outlook to negative from stable.
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 8 months is one of those periods, as the Russell 2000 […]