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CenterPoint

CenterPoint Energy offers electric transmission and natural gas distribution services in the United States. Read more

David J. Lesar's photo - President & CEO of CenterPoint

President & CEO

David J. Lesar

CEO Approval Rating

77/100

Founded:

1882

Status:

PublicIndependent CompanyNYSECNP

CENTERPOINT TOP COMPETITORS OR ALTERNATIVES

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AEP has been one of CenterPoint's top competitors. AEP was founded in 1906, and is headquartered in Columbus, Ohio. AEP competes in the Multi-Utilities industry. AEP generates $7.7B more revenue vs. CenterPoint.

Duke Energy is a top competitor of CenterPoint. Duke Energy is a Public company that was founded in Charlotte, North Carolina in 1904. Like CenterPoint, Duke Energy also competes in the Electric, Water & Gas Utilities industry. Duke Energy has 19,558 more employees vs. CenterPoint.

Entergy is perceived as one of CenterPoint's biggest rivals. Entergy was founded in 1913, and its headquarters is in New Orleans, Louisiana. Like CenterPoint, Entergy also operates in the Electric, Water & Gas Utilities field. Entergy has 5,423 more employees than CenterPoint.

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CenterPoint Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$7.8B

CenterPoint's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 13.2B. Over the last four quarters, CenterPoint's revenue has grown by 61.7%. Specifically, in Q1 2021's revenue was $2.5B; in Q4 2020, it was $2.1B; in Q3 2020, it was $1.6B; in Q2 2020, CenterPoint's revenue was $1.6B.

CenterPoint Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Vectren Corp.

Apr 2018

Source »
$6B
Vectren provides energy delivery services to residential, commercial and contract customers.

-

Retail Energy Services Business, Atmos Energy Marketing, LLC

Oct 2016

Source »
$40M
-

-

Continuum Retail Energy Services, LLC

Jan 2016

Source »
$77.5M
-

-

Lakeshore Energy Services, L.L.C.

Jan 2016

Source »
undisclosed
-

-

Asgard Energy, LLC

Nov 2011

Source »
undisclosed
-

These are all the companies that CenterPoint has acquired. CenterPoint has acquired 5 companies and its latest acquisition was Vectren Corp. in Apr 2018. Vectren provides energy delivery services to residential, commercial and contract customers.

CenterPoint Funding History

Since CenterPoint was founded in 1882, it has participated in 2 rounds of funding. In total CenterPoint has raised $700.0M. CenterPoint's last funding round was on Sep 2020 for a total of $500.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Sep 2020
$500M
-
Grant
Oct 2009
$200M

Since CenterPoint was founded in 1882, it has participated in 2 rounds of funding. In total CenterPoint has raised $700.0M. CenterPoint's last funding round was on Sep 2020 for a total of $500.0M

CenterPoint Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Enable Midstream is an Oklahoma-based oil and gas company that processes, refines, transports and distributes crude oil and natural gas products.
$363M
Jan 28, 2016
Equity
Apr 09, 2014

These are all the companies that CenterPoint has invested in. CenterPoint has invested 5 companies and its latest investment was Vectren Corp. in Apr 2018. Vectren provides energy delivery services to residential, commercial and contract customers.

CenterPoint News

May 19, 2021Solar Power World

Burns & McDonnell completes 50-MW solar project for Indiana's CenterPoint Energy

Burns & McDonnell recently completed the construction of CenterPoint Energy's utility-scale solar pro... See more »
May 18, 2021Global Legal Chronicle

CenterPoint Energy's $1.7 Billion Senior Notes Offering

Hunton Andrews Kurth advised the underwriters on the deal. CenterPoint Energy, Inc. (CenterPoint) ann... See more »
May 13, 2021Inside INdiana Business

$1M Gift for Evansville Urban Park Renovations

The city of Evansville has received a $1 million grant from CenterPoint Energy Foundation to renovate... See more »
May 11, 2021SmartGrid Today

CenterPoint picks EFI for energy efficiency marketplace

May 11, 2021 -- CenterPoint Energy is partnering with utility marketplace provider Energy Federation,... See more »
May 6, 2021MarketScreener

1ST QUARTER 2021 DEBT AND LIQUIDITY SCHEDULES

(marketscreener.com) 1STQUARTER 2021 DEBT AND LIQUIDITY SCHEDULES MAY 6, 2021 DEBT AND CAPITALIZATION... See more »
May 6, 2021Benzinga

Looking Into CenterPoint Energy's Return On Capital Employed

Looking Into CenterPoint Energy's Return On Capital Employed Looking at Q1, CenterPoint Energy (NYSE:... See more »

CenterPoint Press Releases

November 4, 2020PR Newswire

CenterPoint Energy issues 2020 Corporate Responsibility Report and 2019 GRI Index

HOUSTON, Nov. 4, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the releas... See more »
October 29, 2020PressReleasePoint

CenterPoint Energy linemen head east to support Hurricane Zeta recovery efforts

Our thoughts are with those in areas impacted by Hurricane Zeta, as some of these areas were devastat... See more »
August 4, 2020PR Newswire

CenterPoint Energy Names Two Directors to Enable GP Board

HOUSTON, Aug. 4, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that forme... See more »
April 1, 2020StreetInsider

CenterPoint Energy encourages safety awareness during National Safe Digging Month

HOUSTON, April 1, 2020 /PRNewswire/ --Â As companies and communities adjust how we work and live in t... See more »
February 3, 2020PR Newswire

CenterPoint Energy declares dividends, sets 2020 annual meeting of shareholders

HOUSTON, Feb. 3, 2020 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today... See more »

CenterPoint Videos

Social Media

CenterPoint Headquarters

1111 Louisiana Street

Houston, Texas77002

1-713-207-3000

Driving Directions »

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CenterPoint Summary

ABOUT

Overview

CenterPoint Energy offers electric transmission and natural gas distribution services in the United States. CenterPoint was founded in 1882. CenterPoint's headquarters is located in Houston, Texas, USA 77002. It has raised 700.0M in 2 rounds. The late...

CEO

CenterPoint's President & CEO, David J. Lesar, currently has an approval rating of 77%. CenterPoint's primary competitors are AEP, Duke Energy & Entergy.

Frequently Asked Questions about CenterPoint

  1. When was CenterPoint founded?

    CenterPoint was founded in 1882
  2. Who is CenterPoint's CEO?

    CenterPoint's CEO is David J. Lesar
  3. How much revenue does CenterPoint generate?

    CenterPoint generates $7.8B in revenue
  4. How much funding does CenterPoint have?

    CenterPoint has historically raised $700M in funding
  5. Where is CenterPoint's headquarters?

    CenterPoint's headquarters is in Houston Texas, USA
  1. How many employees does CenterPoint have?

    CenterPoint has 7,977 employees
  2. What sector does CenterPoint operate in?

    CenterPoint is in Oil & Gas Exploration, Production, Sales, Electric, Water & Gas Utilities
  3. Who are CenterPoint's competitors?

    CenterPoint's top competitors are AEP, Duke Energy, Entergy
  4. Who has CenterPoint invested in?

    CenterPoint's has invested in companies such as Enable Midstream