Feed / CNP

CenterPoint Energy, Inc.

CNP

Utilities · 39.10 -0.1% today

Partial group confirmationMarket checked 11 Sept, 15:55 GMT-4

Market read

CenterPoint Energy, Inc.'s move is being confirmed by its market group.

CNP accounts for 5.1% of the group's measured movement across 9.6 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the downside. Capital-flow agreement is 4%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveAligned contributor#10 of 12 by movement share
Group movement share5.1%Absolute path energy—not portfolio weight
Relative path-0.44%aligned
Effective breadth9.6 / 12broad
Relative alignment7/12downside path · 5 counter-moving
Capital-flow agreement4%not yet clean
SEQUENCE READ

DTE, DOC, CAG moved materially before CNP. CNP crossed its material path threshold at 10:00 ET. CL, CPB, AAPL followed.

What changed
  • Revenue increased 0.6% versus the comparable filing period.
EVIDENCE COVERAGE

9 of 35 members in Packaged Foods & Beverages are active. 0 of 5 disclosed connections are confirming.

What would change this read
  • At least 23 of 35 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as HELE begins moving with the group.

Invalidation: The live read weakens if participation falls to 12 of 35 members or fewer.

Watch this read

Research brief

The story so far

Utilities · Utilities - Regulated Electric

CNP accounts for 5.1% of the group's measured movement across 9.6 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the downside. Capital-flow agreement is 4%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports
  • Revenue increased 0.6% versus the comparable filing period.
Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 23 of 35 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as HELE begins moving with the group.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements62
Verified relationships5
Evidence supporting the case
  • Latest annual revenue changed +9.2% year over year.
  • Operating cash flow covered net income at 2.36x in the latest annual period.
  • Supply chain and availability has repeated favorable evidence across 5 filings.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position
  • P/E is 28% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

39.10
6m-9.9%12m+3.5%24m+43.3%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$8.3B+12.3%$2.28+14.9%
2022-12-31$9.3B+13.0%$1.59+3.7%
2023-12-31$8.6B-7.7%$1.37+0.1%
2024-12-31$8.6B-0.7%$1.58+1.7%
2025-12-31$9.3B+9.2%$1.60+1.8%

What management says matters

Persistent and emerging business drivers

Supply chain and availabilitypositive · 5 filings
In March 2022, when the results of the MISO interconnection study were completed, Origis advised Indiana Electric that the costs to construct the solar project in Knox County, Indiana had increased largely due to escalating commodity and supply chain costs im…
10-Q · Jul 28, 2026
Energy and commodity pricesmixed · 3 filings
As of December 31, 2024, certain assets and liabilities of the Louisiana and Mississippi natural gas LDC businesses met the held for sale criteria and the goodwill attributable to these businesses was $217 million and $122 million for CenterPoint Energy and C…
10-K · Feb 19, 2026
Macroeconomic conditionsmixed · 2 filings
Due to rising project costs caused by inflation and supply chain issues affecting the energy industry, Clenera LLC and Indiana Electric were compelled to renegotiate terms of the agreement to increase the PPA price.
10-Q · Oct 23, 2025
Credit and interest ratesmixed · 1 filings
2025 and 2024 and are not reflected in Houston Electric’s consolidated financial statements because of the contingent nature of the obligations.
10-K · Feb 19, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.7× · EV/sales 4.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

39.10-0.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CNP. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

The latest filing presents a mixed picture

10-Q filed 2026-04-23 against the comparable filing from 2025-04-24.

mixed
OperationsmixedEvidence score +1
liquidityneutralEvidence score 0
valuationmixed

What improved

  • Revenue increased 0.6% versus the comparable filing period.

What weakened

No thresholded deterioration was identified.

Filing receipts

Three months ended March 31, 2026 compared to three months ended March 31, 2025 Net income increased $19 million primarily due to the following items: • an increase in net income of $32 million for the Electric reportable segment, as further discussed below; • an increase in net income of $22 million for the Natural Gas reportable segment, as further discussed below; and • an increase in net loss of $35 million for the Corporate and Other reportable segment, primarily due to the impact of accrued income tax expense offset in other segments.

The Registrants may continue to explore asset sales as a means to 59 Table of Contents efficiently finance a portion of their increased capital expenditures in the future, subject to the considerations listed above.

Debt or equity financing may not, however, be available to the Registrants at that time due to a variety of events, including, among others, maintenance of our credit ratings, industry conditions, general economic conditions, market conditions and market perceptions.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind CNP

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

NEENextEra Energy, Inc.customerOct 23, 2025

On May 1, 2024, Indiana Electric filed with the IURC seeking approval to purchase 147 MW of wind power under a 25-year PPA with an affiliate of NextEra Energy, Inc., which is developing a wind project in Knox County, Illinois.

NEENextEra Energy, Inc.partnerApr 23, 2026

On May 1, 2024, Indiana Electric filed with the IURC seeking approval to purchase 147 MW of wind power under a 25-year PPA with an affiliate of NextEra Energy, Inc., which is developing a wind project in Knox County, Illinois.

Depended on by

HNRGHallador Energy CompanysupplierMar 12, 2026

16 Table of Contents Significant third-party customers in 2025 include Vectren Corporation, a wholly-owned subsidiary of CenterPoint Energy (NYSE: CNP), Orlando Utility Commission (OUC), and Duke Energy Corporation (NYSE: DUK).

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CNP is currently a Participant in the organic co-movement group Packaged Foods & Beverages. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.