Stock Pulse
CenterPoint Energy (CNP) has completed the sale of its Louisiana and Mississippi natural gas businesses for $1.2 billion, using the proceeds to fund growth plans focused on safety, reliability, and resilience in its core markets [5], [6]. The company is also proposing lower electricity costs for Houston customers by transferring generation units and forgoing revenue [8]. CenterPoint is progressing with its Greater Houston Resiliency Initiative, aiming to significantly reduce outages and improve grid stability [2]. Analysts are bullish on CNP, citing its dividend growth, attractive yield [1], investments in infrastructure upgrades, and focus on the growing EV market [3], [4], [9] as growth drivers. The upcoming Q1 2025 earnings call on April 24th will be key for investor sentiment [7].