• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Significant reliability improvements in 2025: CenterPoint Energy's Greater Houston Resiliency Initiative helps deliver 45% reduction in customer outage minutes across Houston in first half of year

    7/23/25 3:25:00 PM ET
    $CNP
    Electric Utilities: Central
    Utilities
    Get the next $CNP alert in real time by email

    Average customer outage minutes decreased every month in first half of 2025 compared to last year; outage minutes year-to-date are also significantly below the five-year average

    Number of outages related to trees, branches and other vegetation contacting lines down about 33% compared with the same time period in 2024

    Actions taken to strengthen system and improve reliability included historic investment in more storm-resistant poles, automation devices, undergrounding power lines and clearing of hazardous vegetation across service area

    HOUSTON, July 23, 2025 /PRNewswire/ -- CenterPoint Energy today announced significant improvements in reliability for its Houston-area customers, with the total electric service outage minutes reduced by approximately 45% through June 30, 2025, compared to the same period in 2024. The reduction in outages or service interruptions follows the unprecedented series of resiliency actions taken by CenterPoint to strengthen the electric system, improve reliability and reduce the impact and duration of outages, as part of its Greater Houston Resiliency Initiative (GHRI).

    CenterPoint Energy logo. (PRNewsFoto)

    Additionally, CenterPoint customers across Greater Houston have experienced about 33% fewer outages related to trees, branches, and other vegetation coming in contact with electrical equipment than it did in 2024 over the same time.

    "Showing up for our customers is what drives our work every day. This is a significant improvement by any standard. The 45% decrease in outage minutes reflects the significant and real progress being felt by our communities across Greater Houston. Looking ahead, we remain laser-focused on building on the positive impact of our GHRI actions and achieving further resiliency and reliability improvements as we prepare for the reality of more extreme weather and more powerful storms," said Darin Carroll, Senior Vice President of CenterPoint's Electric Business.

    Significant improvements in reliability across Greater Houston area

    From January 1 through June 30, 2025, CenterPoint customers experienced shorter outages, including more than 20 million less outage minutes per month, and a 45% reduction in the duration of outages for individual customers. In addition, outages year-to-date have decreased by 41 million minutes compared to the five-year average since 2020.

    Since launching the GHRI in July 2024 with a goal of improving the reliability and resiliency of the electric system, CenterPoint has completed a series of critical actions and improvements, including:

    • Installing 32,000+ stronger, storm-resilient poles built to withstand extreme winds;
    • Clearing higher-risk vegetation near 7,000+ miles of power lines;
    • Installing 5,150+ automation devices capable of self-healing; and
    • Undergrounding 400+ miles of power lines.

    Working towards our goal: Building the most resilient coastal grid in the country

    In the coming months and years, CenterPoint will continue working to strengthen the system and further improve reliability through a series of long-term investments, including the company's $3.2 billion Systemwide Resiliency Plan (SRP). The SRP is designed to dramatically improve resiliency against more extreme weather of the future; increase reliability for Houston customers, with a goal of reducing outages by nearly 1 billion minutes into 2029; and achieve our public goal of becoming the most resilient coastal grid in the country.

    For more information about CenterPoint's work to strengthen the system, visit CenterPointEnergy.com/TakingAction.

    About CenterPoint Energy, Inc.

    CenterPoint Energy, Inc. (NYSE:CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

    Forward-Looking Statement

    This news release, as well as the website pages related to the GHRI and SRP, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI and SRP, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding CenterPoint Energy's resiliency plans such as the GHRI and SRP, including with respect to timing, filings related thereto, anticipated benefits, and related matters, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release or the website pages related to the GHRI and SRP regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI and SRP speaks only as of the date of this release or the date that such statement is made, as applicable. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) business strategies and strategic initiatives, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

    For more information, contact:

    Communications

    [email protected]

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/significant-reliability-improvements-in-2025-centerpoint-energys-greater-houston-resiliency-initiative-helps-deliver-45-reduction-in-customer-outage-minutes-across-houston-in-first-half-of-year-302512362.html

    SOURCE CenterPoint Energy

    Get the next $CNP alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $CNP

    DatePrice TargetRatingAnalyst
    4/22/2025$37.00Underweight → Equal Weight
    Barclays
    4/2/2025$42.00Buy
    Jefferies
    3/11/2025$36.00 → $37.00In-line → Outperform
    Evercore ISI
    1/23/2025Buy → Neutral
    Guggenheim
    12/12/2024$34.50Buy
    Ladenburg Thalmann
    12/3/2024$31.00 → $37.00Neutral → Buy
    UBS
    9/12/2024$29.00Neutral
    BofA Securities
    8/13/2024$32.00 → $28.00Overweight → Equal Weight
    Wells Fargo
    More analyst ratings

    $CNP
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • CenterPoint upgraded by Barclays with a new price target

      Barclays upgraded CenterPoint from Underweight to Equal Weight and set a new price target of $37.00

      4/22/25 7:19:19 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • Jefferies initiated coverage on CenterPoint with a new price target

      Jefferies initiated coverage of CenterPoint with a rating of Buy and set a new price target of $42.00

      4/2/25 8:49:58 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • CenterPoint upgraded by Evercore ISI with a new price target

      Evercore ISI upgraded CenterPoint from In-line to Outperform and set a new price target of $37.00 from $36.00 previously

      3/11/25 7:23:13 AM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    SEC Filings

    See more
    • CenterPoint Energy Inc (Holding Co) filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)

      7/24/25 6:09:01 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • SEC Form 10-Q filed by CenterPoint Energy Inc (Holding Co)

      10-Q - CENTERPOINT ENERGY INC (0001130310) (Filer)

      7/24/25 6:05:19 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • CenterPoint Energy Inc (Holding Co) filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

      8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)

      7/21/25 1:34:58 PM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Fitch Laurie Lee bought $100,772 worth of shares (2,700 units at $37.32), increasing direct ownership by 60% to 7,234 units (SEC Form 4)

      4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)

      5/13/25 4:01:50 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • EVP and CFO Foster Christopher A covered exercise/tax liability with 24,859 shares, decreasing direct ownership by 16% to 133,503 units (SEC Form 4)

      4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)

      5/7/25 4:04:59 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • Director Fitch Laurie Lee was granted 4,534 shares (SEC Form 4)

      4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)

      5/5/25 4:54:50 PM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • CenterPoint Energy building the workforce of the future to implement $53 billion in long-term investments to support Houston's growth and critical resiliency work

      The company announces accelerated hiring efforts and a new lineworker training program as part of plans to hire 200 new lineworkers in 2025, and nearly 800 by 2030 HOUSTON, July 25, 2025 /PRNewswire/ -- As part of a continued commitment to building the most resilient coastal grid in the country, CenterPoint Energy is announcing a series of efforts to achieve its goal of hiring 200 additional lineworkers by the end of this year, and nearly 800 by 2030. CenterPoint's accelerated hiring efforts will support historic energy investments over the next 10 years and help the Greater Houston area meet the rapidly growing demand for local electric workers. As part of these efforts, CenterPoint is host

      7/25/25 5:00:00 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • CenterPoint Energy reports solid Q2 2025 results; reiterates 2025 full year guidance; increases 10-year capital investment plan by $500MM

      Reports Q2 2025 earnings of $0.30 per diluted share on a GAAP basis and $0.29 per diluted share on a non-GAAP basis ("non-GAAP EPS") Increases 2025 and 10-year capital investment plan by $500 million without the anticipated need for incremental equity $500 million capital investment increase is the third increase this year, totaling $5.5 billion, and bringing the 10-year plan to $53 billion through 2030 Provides update that current interconnection queue is up ~6GWs since the 2025 first quarter earnings call, strengthening conviction in 50% load growth forecast by 2031 Reiterates 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% growth over f

      7/24/25 6:25:00 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • Significant reliability improvements in 2025: CenterPoint Energy's Greater Houston Resiliency Initiative helps deliver 45% reduction in customer outage minutes across Houston in first half of year

      Average customer outage minutes decreased every month in first half of 2025 compared to last year; outage minutes year-to-date are also significantly below the five-year average Number of outages related to trees, branches and other vegetation contacting lines down about 33% compared with the same time period in 2024 Actions taken to strengthen system and improve reliability included historic investment in more storm-resistant poles, automation devices, undergrounding power lines and clearing of hazardous vegetation across service area HOUSTON, July 23, 2025 /PRNewswire/ -- CenterPoint Energy today announced significant improvements in reliability for its Houston-area customers, with the tot

      7/23/25 3:25:00 PM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Fitch Laurie Lee bought $100,772 worth of shares (2,700 units at $37.32), increasing direct ownership by 60% to 7,234 units (SEC Form 4)

      4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)

      5/13/25 4:01:50 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • Foster Christopher A bought $140,496 worth of shares (5,000 units at $28.10), increasing direct ownership by 4% to 147,693 units (SEC Form 4)

      4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)

      11/29/23 4:28:28 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • Lesar David J bought $1,003,440 worth of shares (37,000 units at $27.12) (SEC Form 4)

      4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)

      11/13/23 4:27:51 PM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    Leadership Updates

    Live Leadership Updates

    See more
    • CenterPoint Energy Names Well-Respected Energy Industry Executive Jesus Soto, Jr as Chief Operating Officer

      Soto is known for his track record of delivering operational excellence; executing large scale capital projects; and driving safety culture HOUSTON, July 21, 2025 /PRNewswire/ -- CenterPoint Energy today announced that Jesus Soto, Jr, a well-respected, energy industry executive with deep Texas roots will join the company as Executive Vice President and Chief Operating Officer. Soto will oversee the company's Electric Operations, Gas Operations, Safety, Supply Chain, and Customer Care functions, across all the states that CenterPoint serves. He will join the company on Aug. 11, 2025, and report to President & CEO Jason Wells.

      7/21/25 1:30:00 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • /C O R R E C T I O N -- CenterPoint Energy, Inc/

      In the news release, CenterPoint Energy appoints Dean Seavers as new Board member, issued 16-Dec-2024 by CenterPoint Energy, Inc over PR Newswire, the Forward-Looking Statement paragraph was incorrectly transmitted by PR Newswire. The complete, corrected release follows: CenterPoint Energy appoints Dean Seavers as new Board member HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as wel

      12/16/24 7:15:00 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • CenterPoint Energy appoints Dean Seavers as new Board member

      HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for election as a director at the company's annual meeting of shareholders in 2025.

      12/16/24 7:15:00 AM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by CenterPoint Energy Inc (Holding Co)

      SC 13G - CENTERPOINT ENERGY INC (0001130310) (Subject)

      11/14/24 1:28:29 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • Amendment: SEC Form SC 13G/A filed by CenterPoint Energy Inc (Holding Co)

      SC 13G/A - CENTERPOINT ENERGY INC (0001130310) (Subject)

      10/17/24 12:18:22 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • SEC Form SC 13G/A filed by CenterPoint Energy Inc (Holding Co) (Amendment)

      SC 13G/A - CENTERPOINT ENERGY INC (0001130310) (Subject)

      2/13/24 4:55:58 PM ET
      $CNP
      Electric Utilities: Central
      Utilities

    $CNP
    Financials

    Live finance-specific insights

    See more
    • CenterPoint Energy reports solid Q2 2025 results; reiterates 2025 full year guidance; increases 10-year capital investment plan by $500MM

      Reports Q2 2025 earnings of $0.30 per diluted share on a GAAP basis and $0.29 per diluted share on a non-GAAP basis ("non-GAAP EPS") Increases 2025 and 10-year capital investment plan by $500 million without the anticipated need for incremental equity $500 million capital investment increase is the third increase this year, totaling $5.5 billion, and bringing the 10-year plan to $53 billion through 2030 Provides update that current interconnection queue is up ~6GWs since the 2025 first quarter earnings call, strengthening conviction in 50% load growth forecast by 2031 Reiterates 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% growth over f

      7/24/25 6:25:00 AM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • CenterPoint Energy Declares Regular Common Stock Dividend of $0.2200

      HOUSTON, July 17, 2025 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE:CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on September 11, 2025, to shareholders of record at the close of business on August 21, 2025. About CenterPoint Energy, Inc.CenterPoint Energy, Inc. (NYSE:CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and

      7/17/25 8:55:00 PM ET
      $CNP
      Electric Utilities: Central
      Utilities
    • CenterPoint Energy, Inc. Second Quarter 2025 Earnings Conference Call

      Thursday, July 24, 2025 7:00 a.m. Central / 8:00 a.m. Eastern HOUSTON, July 7, 2025 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE:CNP) has scheduled a conference call for Thursday, July 24, 2025, at 7:00 a.m. Central time or 8:00 a.m. Eastern time, to discuss Second Quarter results. Earnings will be released the same day before the market opens. If you would like to participate in the conference call, please register here: https://edge.media-server.com/mmc/p/pk75xytb CenterPoint Energy will also provide a live audio webcast of the conference call, which can be accessed at Ce

      7/7/25 4:05:00 PM ET
      $CNP
      Electric Utilities: Central
      Utilities