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
IndustryUtilities - Regulated Gas
Full Time Employees7,977

Key Executives

NameTitlePayExercisedYear Born
Mr. Milton CarrollExec. Chairman707.98kN/A1950
Mr. Scott M. ProchazkaPres, CEO & Non-Independent Director3.31MN/A1966
Mr. Tracy B. BridgeExec. VP & Pres of Electric Division1.13MN/A1959
Ms. Kristie L. ColvinSr. VP & Chief Accounting OfficerN/AN/A1964
Mr. Gary HayesChief Information Officer & Sr. VPN/AN/AN/A
Amounts are as of December 31, 2018 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, 2018, it owned 235 substation sites with a total installed rated transformer capacity of 68,338 megavolt amperes; and 15 regional service centers located on a total of 332 acres of land. 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 of December 31, 2018, this segment owned approximately 76,000 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. As of December 31, 20118, it owned and operated 200 miles of intrastate pipeline in Louisiana and Texas; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investment segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. The company was founded in 1882 and is headquartered in Houston, Texas.

Corporate Governance

CenterPoint Energy, Inc.’s ISS Governance QualityScore as of April 1, 2019 is 6. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 7; Compensation: 5.

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.