CNP - CenterPoint Energy, Inc.

NYSE - NYSE Delayed Price. Currency in USD

CenterPoint Energy, Inc.

1111 Louisiana Street
Houston, TX 77002
United States
713-207-1111
http://www.centerpointenergy.com

SectorUtilities
IndustryGas Utilities
Full Time Employees7,727

Key Executives

NameTitlePayExercisedAge
Mr. Milton CarrollExec. Chairman625.01kN/A67
Mr. Scott M. ProchazkaChief Exec. Officer, Pres and Non-Independent Director2.63MN/A51
Mr. William D. RogersChief Financial Officer and Exec. VP1.09MN/A56
Mr. Tracy B. BridgePres of Electric Division and Exec. VP944.64kN/A58
Mrs. Kristie L. ColvinChief Accounting Officer and Sr. VPN/AN/A53
Amounts are as of December 31, 2016 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.

Description

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2016, this segment owned 28,702 pole miles of overhead distribution lines and 3,692 circuit miles of overhead transmission lines; 23,937 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 60,854 megavolt amperes. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services, as well as sells heating, ventilating and air conditioning equipment. As of December 31, 2016, this segment owned approximately 74,000 linear miles of natural gas distribution mains. The company’s Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment offers gathering, processing, compression, treating, dehydration, and fractionation of natural gas liquids for producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, utilities, and industrial customers. The company was founded in 1882 and is based in Houston, Texas.

Corporate Governance

CenterPoint Energy, Inc.’s ISS Governance QualityScore as of October 15, 2017 is 7. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.