CNP has been in the news 409% more than usual
Nov 09, 2024, 3:30 AM
4.18%
What does CNP do
CenterPoint Energy, headquartered in Houston, Texas, employs 8,827 people and provides power generation and distribution services across several states. Its operations include electric and natural gas segments serving diverse customer needs.
CNP has been in the news recently: CenterPoint Energy has suspended natural gas disconnections in Texas, Louisiana, and Mississippi in preparation for Hurricane Rafael and has more than 13,000 mutual assistance resources available. The company has also completed Phase One of its Greater Houston Resiliency Initiative and plans to distribute $450 million in Derecho response costs over 15 years, which will result in an estimated $1 increase in monthly customer bills.
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