• CENTERPOINT ENERGY INC Profile

    CenterPoint Energy has made a complete pivot around its core operations. The company, which had evolved from a local utility into a global power provider, has spun off most of its nonregulated operations and has returned to its roots. CenterPoint Energy's regulated utilities distribute natural gas to more than 3 million customers in six states and electricity to 1.9 million customers on the Texas Gulf Coast. CenterPoint Energy also operates 69,000 miles of gas pipeline, and it has gas gathering and storage operations. The company's main stomping ground is Texas, where it has regulated power distribution operations through subsidiary CenterPoint Energy Houston Electric.
    David M. McClanahan
    CEO
    1111 Louisiana St.

    Houston, TX 77002

    http://www.centerpointenergy.com

    Phone: 713-207-1111

    Fax: 713-207-3169
    Sector: Utilities Industry: Utilities
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $9,623,000,000 3.3% $399,000,000 8,568
  • Key Executives: CNP

    Name Title Officer Since
    David M. McClanahan CEO 9/1/02
    Gary L. Whitlock CFO -
    Walter L. Fitzgerald Chief Accounting Officer -
    Scott E. Rozzell General Counsel -
    Thomas R. Standish Senior VP -
    Sherman M. Wolff Director 10/25/07
    Susan O. Rheney Director 7/24/08
    Michael P. Johnson Director 7/24/08
  • Top Competitors: CNP

  • Insider Trends: CNP

    Sentiment for CNP is NEGATIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: CNP

    Date Name Shares Transaction Type Market Value
    08/11/08 RHENEY SUSAN OPEL 2,000 Purchase $32,914.00
    08/11/08 WAREING PETER S 10,000 Sale $161,600.00
    04/24/08 WOLFF SHERMAN M 4,000 Award of Stock Options $0.00
  • Ownership Breakdown : CNP

    Large Block Holder Type Number  
    Institutions 445.00
     
    Mutual Fund 783.00
    Other Major 19.00
  • Short Interest Volume: CNP

    Data as of 7/28/08
    Current Short Interest Shares 6.45 M
    Current Short Interest Ratio 2.80
    Float 340.63 M
    Short Interest as % of Float 1.90
    Average Daily Volume 2.47 M
    Outstanding Shares 341.82 M