CNP 8-K Current Reports

Material AgreementsFinancial EventsExhibits & Filings

CenterPoint Energy 8-K Report, Financial Results (Oct 27, 2026)

CenterPoint Energy, Inc. (CNP) filed an 8-K on October 27, 2026, reporting its third quarter 2026 financial results and providing updated guidance. The company reported strong performance driven by growth and rate recovery. Key financial highlights include non-GAAP EPS of $0.53 for the quarter, beating prior year comparable periods. Management has raised its full-year 2026 non-GAAP EPS guidance to a range of $1.90-$1.92, indicating robust year-over-year growth. Further demonstrating confidence in its long-term outlook, CenterPoint Energy announced an increase to its 10-year capital investment plan by $4.0 billion to $70.7 billion, with a significant portion accelerated into the next five years to support growing customer demand, particularly in the Greater Houston area. The company also initiated 2027 non-GAAP EPS guidance and extended its projected annual non-GAAP EPS growth rate of 7%-9% through 2030, signaling a sustained period of growth and investment. These developments suggest a positive trajectory for the company, driven by strategic capital deployment and favorable market conditions.

Oct 27, 2026 8-K

CenterPoint Energy 8-K Report, Material Agreement (Oct 20, 2026)

CenterPoint Energy Inc. (CNP) has filed an 8-K report detailing a significant financing transaction by its wholly-owned subsidiary, Southern Indiana Gas and Electric Company (SIGECO). SIGECO entered into a Bond Purchase Agreement with institutional investors for the issuance of $260 million in First Mortgage Bonds across three tranches with varying interest rates and maturity dates. The initial issuance of $130 million in Series 2026A Bonds at 5.99% occurred on October 20, 2026, with subsequent issuances of $80 million in Series 2026B Bonds at 6.15% on December 15, 2026, and $50 million in Series 2027A Bonds at 6.33% on February 25, 2027. These bonds are secured by SIGECO's mortgage collateral and will be used for general corporate purposes, including repaying short-term and long-term debt, and funding capital expenditures. The transactions are structured as private placements, exempt from the registration requirements of the Securities Act of 1933, and subject to certain transfer restrictions. This financing provides SIGECO with substantial capital for its operational and financial needs over the coming years.

Oct 20, 2026 8-K

Acquisitions & DispositionsRegulation FDExhibits & Filings

CenterPoint Energy 8-K Report, Acquisition Completed (Oct 1, 2026)

CenterPoint Energy (CNP) completed the sale of Vectren Energy Delivery of Ohio, LLC (VEDO), its Ohio natural gas local distribution company, to National Fuel Gas Company (NFG) on October 1, 2026, for a total purchase price of $2.62 billion, subject to customary adjustments. The consideration consists of $1.42 billion in cash paid at closing and a $1.20 billion seller promissory note issued by the buyer. The transaction removes a gas LDC serving roughly 335,000 metered customers across about 5,900 miles of pipeline in West Central Ohio, and CenterPoint states that proceeds will support its regulated electric and gas investments. The seller note is a meaningful feature for investors. It carries a 6.50% coupon and matures September 30, 2027, so roughly $1.20 billion of value is deferred and tied to NFG's credit rather than received in cash. The note includes leverage and lien covenants on the borrower and negative covenants relating to VEDO, and it can be defeased by the borrower depositing funds with a paying agent. Investors should watch the timing and collection of this note, as well as the final working capital and regulatory adjustments to the cash component. The filing frames the deal as part of CenterPoint's strategy to focus on its core regulated electric and gas footprint in Indiana, Minnesota and Texas, and to fund its $66.7 billion, 10-year capital plan. The 8-K does not quantify the earnings impact, gain or loss on sale, or the effect on leverage, so those figures should be sought in the company's subsequent reports.

Oct 1, 2026 8-K

Other Events

CenterPoint Energy 8-K Report, Corporate Update (Sep 14, 2026)

CenterPoint Energy, Inc. (CNP) has filed an 8-K report disclosing an incident where an unauthorized third party obtained personal information of a portion of its customers through an external-facing system. The company has activated its cybersecurity incident response, engaged external experts, and reported the matter to law enforcement. Importantly, CNP states that its electric and gas service delivery has not been impacted and remains operational. As of the filing date, the company does not believe there will be a material impact on its financial condition or results of operations, though it anticipates incurring expenses related to the incident. The company is continuing its investigation to determine the full scope of affected customers and personal information. Affected customers and regulatory authorities will be notified as legally required. CNP also noted that it maintains cybersecurity insurance coverage, which it expects will help offset related costs. Investors should monitor further disclosures regarding the scope of the data breach and any potential financial or operational ramifications as the investigation progresses.

Sep 14, 2026 8-K

Material AgreementsFinancial EventsOther Events+1

CenterPoint Energy 8-K Report, Material Agreement (Sep 9, 2026)

CenterPoint Energy, Inc. (CNP) has filed an 8-K to report on the establishment of new, larger revolving credit facilities totaling $4.6 billion, replacing previous agreements. This strategic move aims to enhance the company's financial flexibility and liquidity. The new facilities, spanning five years, were put in place without incurring termination penalties, indicating a smooth transition and strong banking relationships. The company and its subsidiaries, Houston Electric, CERC, and SIGECO, have secured these increased credit lines, which include provisions for swingline loans and letters of credit, along with options for maturity extensions and increased commitments. Notably, the covenants within these facilities include a debt-to-capitalization ratio of 67.5%, with a temporary allowance to increase to 70% under specific natural disaster scenarios requiring significant system restoration costs and potential securitization. This adjustment provides a crucial buffer for managing unforeseen events and associated recovery expenses.

Sep 9, 2026 8-K

CenterPoint Energy 8-K Report, Material Agreement (Jul 31, 2026)

CenterPoint Energy, Inc. (CNP) has announced the entry into an Underwriting Agreement for the public offering of $700 million in aggregate principal amount of 6.400% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series E, due 2058. These notes will be unsecured obligations and rank junior to the company's existing and future senior indebtedness. The offering is being made under a Form S-3 registration statement. The notes will bear a fixed interest rate of 6.400% until August 15, 2033, after which the rate will reset every five years based on the Five-Year Treasury Rate plus a spread of 1.885%. The reset rate will not fall below the initial 6.400%. A key feature of these notes is the company's option to defer interest payments for specified periods, during which dividends and certain debt payments would also be restricted.

Jul 31, 2026 8-K

CenterPoint Energy 8-K Report, Financial Results (Jul 28, 2026)

CenterPoint Energy (CNP) reported second quarter 2026 results on July 28, 2026, with GAAP diluted EPS of $0.37 (net income of $244 million) and non-GAAP diluted EPS of $0.40, up from $0.29 non-GAAP in Q2 2025. The quarter's growth was driven mainly by growth and regulatory recovery ($0.10 per share), with O&M contributing $0.02, partially offset by weather/usage and higher interest expense ($0.01 each). The company reiterated its 2026 non-GAAP EPS guidance of at least the midpoint of $1.89-$1.91, which at the midpoint implies roughly 8% growth over 2025 non-GAAP results, and it is targeting top-decile non-GAAP EPS growth in 2026 along with a 6% dividend per share growth target. The most significant development is the expansion of the long-term growth story tied to Houston Electric's large-load pipeline. CenterPoint submitted over 17 GW of projects through ERCOT's Batch Zero process, of which about 14 GW are expected to be eligible as base or studied load, a potential increase of more than 65% over the current 21 GW Houston Electric peak. The 10-year capital investment plan rose by $1.2 billion to approximately $66.7 billion (2026-2035), and management says at least $10 billion of further incremental opportunities exist beyond that plan. Important caveats include that ERCOT's base-load determination is expected in August 2026 and studied-load allocation in April 2027, so energization timing could shift, and the plan relies on roughly $4 billion of common equity through 2035. Balance sheet metrics and the Ohio divestiture also matter for investors. Trailing-twelve-month FFO/Debt was 13.4% on a Moody's basis (adjusted for one-time items), and the company has approximately $3.5 billion of available liquidity. The Ohio natural gas LDC sale, with a gross price of about $2.62 billion, has received regulatory approval and is expected to close in October 2026. The 2026 non-GAAP EPS guidance excludes ZENS mark-to-market effects, merger and divestiture impacts, and TEEEF-related items, while GAAP results in the quarter were lowered by a $0.18 per share mark-to-market loss on equity securities offset by a $0.18 gain on indexed debt.

Jul 28, 2026 8-K

CenterPoint Energy 8-K Report, Material Agreement (May 15, 2026)

CenterPoint Energy, Inc. (CNP) announced on May 15, 2026, the execution of a new Equity Distribution Agreement, establishing an "at-the-market" (ATM) offering program with a syndicate of underwriters. This agreement allows the company to sell up to $1.0 billion of its common stock over the next three years, terminating on May 15, 2029, or earlier if all shares are sold or the agreement is terminated. This new program replaces a prior ATM program that had approximately $84.9 million in unsold shares. The company also has the option to enter into forward sale agreements with Forward Purchasers. These agreements may involve the borrowing and sale of CNP shares by Forward Sellers, with the company potentially receiving proceeds later through physical settlement. The net proceeds from any sales are intended for general corporate purposes, including capital expenditures for operating subsidiaries and repayment of borrowings. This filing is important for investors to understand CNP's strategy for accessing equity capital and its potential impact on share dilution and funding for future investments.

May 15, 2026 8-K

Shareholder MattersCorporate ChangesExhibits & Filings

CenterPoint Energy 8-K Report, Financial Results (Apr 23, 2026)

CenterPoint Energy (CNP) reported first quarter 2026 results on April 23, 2026, with GAAP net income of $316 million, or $0.48 per diluted share, and non-GAAP EPS of $0.56, up from $0.53 in Q1 2025. The company attributed the year-over-year improvement mainly to growth and regulatory rate recovery (+$0.11 per share), partially offset by higher interest expense (-$0.04), unfavorable weather and usage (-$0.02), and the effect of the completed Louisiana and Mississippi gas LDC divestiture (-$0.03). CenterPoint reaffirmed its 2026 non-GAAP EPS guidance of $1.89 to $1.91 and said it expects results at or above the midpoint, which would imply about 8% growth over 2025 delivered non-GAAP EPS of $1.76. The headline development is load growth at Houston Electric. CenterPoint now reports 12.2 GW of firmly committed industrial load, up from roughly 7.5 GW at year-end 2025 by the company's slide-based comparison, and expects 8 GW of data center load to be energized in the Greater Houston area by 2029, with 3.5 GW already under construction. Management estimates these connections could deliver about $4 billion of customer savings over the next decade through lower delivery charges. The company also reaffirmed a roughly $65.5 billion 10-year capital plan through 2035, including at least $10 billion of incremental opportunities, and a long-term non-GAAP EPS growth target of 7% to 9% through 2035. Balance sheet and financing items matter for investors. CenterPoint completed nearly 70% of its planned 2026 financing needs in the first quarter through debt issuances and prior forward equity sales, and it plans about $4 billion of common equity through 2035. Trailing-twelve-month FFO/Debt was 12.5% on both Moody's and S&P adjusted-for-one-time-items bases. Parent-level credit ratings are Baa2, BBB and BBB, and Moody's maintains a negative outlook on CNP and CEHE. The pending Ohio natural gas LDC sale, at a gross price of about $2.62 billion, is still expected to close in Q4 2026 and is subject to regulatory approval in the first half of 2026.

Apr 23, 2026 8-K

CenterPoint Energy 8-K Report, Bylaw Amendment (Apr 17, 2026)

CenterPoint Energy, Inc. (CNP) filed an 8-K on April 17, 2026, detailing key outcomes from its Annual Meeting of Shareholders held on April 16, 2026. The primary focus of this filing is the shareholder approval of an amendment to the company's Articles of Incorporation to include limited officer exculpation, a provision permitted under Texas law. This change aims to offer a degree of protection to officers against personal liability for certain actions, a common governance practice. Additionally, the filing confirms the election of the company's directors for one-year terms and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2026. The advisory vote on executive compensation also received shareholder approval.

Apr 17, 2026 8-K

Regulation FDExhibits & Filings

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Mar 19, 2026)

CenterPoint Energy (CNP) furnished audited 2025 and 2024 financial statements for Southern Indiana Gas and Electric Company ("CEI South"), an indirect wholly-owned subsidiary that serves about 154,000 electric and 116,000 natural gas customers around Evansville, Indiana. The filing is a Regulation FD disclosure, not a parent-level earnings release, and the statements are not prepared under Regulation S-X or S-K. Deloitte & Touche LLP issued an unqualified opinion dated March 19, 2026, with no going-concern language. The subsidiary grew substantially in 2025. Total revenues rose 19% to $921 million, and net income increased modestly to $150 million from $147 million. Electric margin improved to $512 million from $452 million, helped by new base rates effective February 2025 and higher off-system wholesale margin ($20 million vs. $4 million). Operating income increased to $229 million, while interest expense rose to $68 million from $50 million (excluding the securitization subsidiary). Total assets grew 23% to $5.0 billion, driven by the $357 million acquisition of the 191 MW Posey Solar project and $469 million of capital expenditures. Funding came mainly from the parent and the bond market. The subsidiary issued $515 million of first mortgage bonds, received a $366 million capital contribution from its parent, and paid $79 million in dividends to the parent. Long-term third-party debt rose to $1.45 billion from $939 million. Regulatory developments of note include Phase 2 of the rate case becoming effective March 5, 2026, the enactment of Indiana HEA 1002 affordability legislation, and a U.S. Department of Energy 202(c) emergency order requiring continued operation of the F.B. Culley Unit 2 coal unit through March 23, 2026.

Mar 19, 2026 8-K

Material AgreementsFinancial EventsSecurities & Listing+1

CenterPoint Energy 8-K Report, Material Agreement (Feb 26, 2026)

CenterPoint Energy, Inc. (CNP) announced on February 26, 2026, the successful completion of a private offering and sale of $650 million in aggregate principal amount of 2.875% Convertible Senior Notes due 2029. The net proceeds after expenses were approximately $641.5 million. These notes are senior unsecured obligations of the company and were sold to qualified institutional buyers under Rule 144A. The notes bear a coupon of 2.875% and mature on May 15, 2029, with semiannual interest payments. Conversion into CNP common stock is subject to certain conditions until February 15, 2029, after which holders can convert at any time. The initial conversion rate is set at 18.6524 shares per $1,000 principal amount, implying an initial conversion price of approximately $53.61 per share, representing a premium to the market price on February 23, 2026.

Feb 26, 2026 8-K

Leadership Changes

CenterPoint Energy 8-K Report, Executive Changes (Feb 23, 2026)

CenterPoint Energy, Inc. (CNP) has announced a significant leadership transition within its accounting department. Kristie L. Colvin, Senior Vice President and Chief Accounting Officer, has informed the company of her intent to retire effective June 1, 2026. Her departure from her executive role will occur on March 2, 2026, after which she will serve in an advisory capacity to ensure a smooth handover. Importantly, the company has stated that Ms. Colvin's retirement is not due to any disagreements regarding the company's operations, policies, or financial reporting, which provides a level of assurance to investors.

Feb 23, 2026 8-K

CenterPoint Energy 8-K Report, Financial Results (Feb 19, 2026)

CenterPoint Energy (CNP) reported fourth-quarter and full-year 2025 results on February 19, 2026, and reiterated its 2026 non-GAAP EPS guidance of at least the midpoint of $1.89-$1.91, which implies about 8% growth over 2025. GAAP EPS was $0.40 for Q4 2025 and $1.60 for the full year. Non-GAAP EPS was $0.45 for Q4 (versus $0.40 a year earlier) and $1.76 for the full year, a 9% increase over the 2024 non-GAAP figure of $1.62. Management says the quarter was driven mainly by growth and regulatory recovery ($0.12 per share), partly offset by higher interest expense ($0.05) and O&M ($0.02). The most notable update is a $500 million increase to the 10-year capital investment plan, which now totals about $65.5 billion for 2026-2035, reflecting incremental electric transmission investment. Management also expects to add 10 gigawatts of peak load in Greater Houston by the end of 2029, two years ahead of its earlier forecast. Management states that it plans no incremental equity needs through 2027, and it reports a Hurricane Beryl and other storms securitization of roughly $1.2 billion priced the day before the release. Credit metrics improved, with trailing FFO/Debt at 13.8% on a Moody's-adjusted basis for 2025. For investors, the story is steady, regulated-utility earnings growth paired with a larger, load-driven capital plan. The main watch items are execution on that plan, regulatory outcomes on rate recovery and affordability, the pending Ohio gas LDC sale expected to close in Q4 2026, and the mix of equity needed to fund growth beyond 2027. Moody's rating outlook for CNP is negative, a factor to monitor.

Feb 19, 2026 8-K

Other Events

CenterPoint Energy 8-K Report, Corporate Update (Feb 12, 2026)

CenterPoint Energy, Inc. (CNP), through its wholly-owned subsidiary CenterPoint Energy Resources Corp. (CERC), announced the full prepayment of approximately $245 million in aggregate principal amount of various Senior Notes. This action, effective March 27, 2026, involves five different series of notes with maturities ranging from 2026 to 2045. The prepayment will be made at 100% of the principal amount, plus accrued interest and a Make-Whole Amount, as defined in the respective Note Purchase Agreements. This significant debt retirement indicates a strategic move by CERC, potentially aimed at optimizing its capital structure, reducing future interest expenses, or refinancing at more favorable terms. Investors should monitor how this debt prepayment impacts the company's leverage ratios, interest coverage, and overall financial flexibility. While the exact reasons for the prepayment are not detailed in this 8-K, it generally suggests a strong liquidity position and confidence in future cash flows sufficient to retire these obligations.

Feb 12, 2026 8-K

Material AgreementsRegulation FDOther Events+1

CenterPoint Energy 8-K Report, Financial Results (Oct 23, 2025)

CenterPoint Energy (CNP) reported third quarter 2025 results on October 23, 2025, with GAAP net income of $293 million, or $0.45 per diluted share, and non-GAAP EPS of $0.50, compared with $0.30 GAAP and $0.31 non-GAAP in Q3 2024. The quarter was driven by growth and regulatory recovery ($0.07 per share), lower O&M ($0.12, largely because 2024 storm restoration work at Houston Electric did not recur), and a one-time tax benefit ($0.03). These gains were partly offset by higher interest expense ($0.04). The company reiterated its raised 2025 non-GAAP EPS guidance of $1.75-$1.77 and its 2026 guidance of at least the midpoint of $1.89-$1.91. Houston Electric industrial throughput rose more than 17% year over year in the quarter. The more significant strategic news is the new 10-year capital plan of $65 billion through 2035, with more than $10 billion of incremental opportunities, and a targeted 11%+ rate base CAGR through 2030. Management expects to recover about 85% of investments through forward test year rate cases and interim trackers through 2030, and to fund about 65% of the plan from operating cash flow. The company also set a non-GAAP EPS growth target of 7-9% annually through 2035, with the mid-to-high end expected in 2026-2028. Dividend per share growth was moderated to 6% annually, and planned equity issuance is about $4 billion through 2035, including about $1.1 billion of forward sales to settle by February 2027. The company also announced the sale of its Ohio natural gas LDC business for a gross price of about $2.62 billion (about $2.4 billion net of taxes and costs), roughly 1.9x 2024 rate base, with closing expected in Q4 2026. Roughly 45% of proceeds will come as a 6.5% Seller's Note maturing in 2027. Investors should weigh the strong growth outlook against higher leverage and dilution risk, the 2026 maturities (about $1.9 billion), and the reliance on regulatory approvals and securitization proceeds. Consolidated FFO/Debt was 14.0% on a Moody's basis as of Q3 2025 TTM, adjusted for one-time items.

Oct 23, 2025 8-K

CenterPoint Energy 8-K Report, Material Agreement (Oct 21, 2025)

CenterPoint Energy (CNP) has agreed to sell its Ohio natural gas local distribution company, Vectren Energy Delivery of Ohio, LLC (VEDO), to National Fuel Gas Company (NFG) for $2.62 billion under a Securities Purchase Agreement signed October 20, 2025. The price equals roughly 1.9x 2024 Ohio LDC rate base and covers about 5,900 miles of transmission and distribution pipeline serving approximately 335,000 metered customers. Of the total, $1.42 billion is payable in cash at closing, subject to adjustments for working capital, regulatory assets and liabilities, and capital expenditures. The remaining $1.2 billion is a 364-day seller promissory note at 6.5% interest, issued by the buyer at closing and repayable in 2027. Management expects net proceeds of about $2.4 billion and describes the deal as accretive. Closing is expected in Q4 2026 and is conditioned on HSR clearance and a notice filing with the Public Utilities Commission of Ohio. The deal has no financing condition and carries an October 1, 2026 inside date. For investors, the transaction is a portfolio-recycling move that management says will free capital for its electric and natural gas businesses in Texas, Indiana and Minnesota, supporting a $65 billion capital plan. Management reiterated its 9% non-GAAP EPS growth target for 2025 and its long-term EPS targets through 2035. The seller note structure defers roughly 45% of proceeds into 2027 and adds a credit exposure to National Fuel. Its 6.5% interest income is expected to partly offset the earnings dilution from losing the Ohio LDC's earnings during the transition. The filing also includes forward-looking risk factors, including regulatory timing, closing conditions, and transition disruption. Note that the filing's inside date of October 1, 2026 and expected Q4 2026 closing are measured against the filing's own timeline. This summary reflects the October 2025 disclosures only and does not capture any later regulatory or closing developments.

Oct 21, 2025 8-K

Regulation FD

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Oct 9, 2025)

CenterPoint Energy, Inc. (CNP) announced significant changes to its Board of Directors leadership structure, effective immediately. The most notable change is the appointment of current CEO and President, Jason P. Wells, to the role of Chair of the Board. This move is intended to leverage Mr. Wells' extensive knowledge of the company's operations, utility industry experience, and leadership capabilities as CNP executes its ambitious $65 billion, 10-year capital plan. To further strengthen independent oversight and governance, the Board has also created a new Lead Director position. This role has been filled by independent director Christopher H. Franklin, who brings substantial experience from the utility sector and public company leadership. This dual leadership structure, with the CEO also serving as Chair and a dedicated Lead Director, aims to enhance strategic execution and shareholder value.

Oct 9, 2025 8-K

Regulation FDExhibits & Filings

CenterPoint Energy 8-K Report, Material Agreement (Oct 1, 2025)

CenterPoint Energy, Inc. (CNP) announced on October 1, 2025, its entry into a material definitive agreement for the underwritten public offering of $700 million in aggregate principal amount of its 5.950% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series D, due 2056. This offering is a strategic move to bolster the company's capital structure and support its ongoing operations and growth initiatives. The notes are unsecured and subordinate to senior indebtedness, with an initial fixed interest rate of 5.950% until April 1, 2031, after which the rate will reset every five years based on the Five-Year Treasury Rate plus a spread of 2.223%, with a floor of 5.950%.

Oct 1, 2025 8-K

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Sep 29, 2025)

CenterPoint Energy (CNP) used a September 29, 2025 Investor Update to unveil a new 10-year, customer-driven capital investment plan of $65 billion covering 2026 through 2035, roughly a 40% increase over the capital plan introduced at its 2021 Analyst Day. Management also identified more than $10 billion of incremental capital opportunities not yet included in the plan. The company expects about 11%+ rate base growth through 2030, with rate base reaching roughly $65 billion by 2035. Roughly 85% of planned investments are expected to be recovered through forward test year rate cases and interim capital trackers through 2030, and about 65% of the plan is expected to be funded by operating cash flow over its life. On the earnings side, CNP raised its 2025 non-GAAP EPS guidance to $1.75-$1.77 from $1.74-$1.76, implying about 9% growth at the midpoint over 2024 delivered results. It initiated 2026 non-GAAP EPS guidance of $1.89-$1.91, targeting at least the midpoint, and set a long-term non-GAAP EPS growth target of the mid-to-high end of 7%-9% through 2028 and 7%-9% thereafter through 2035. Dividend per share growth is moderating to 6% annually, and management plans 1-2% average annual O&M reductions through 2035. Financing commitments include about $3 billion of equity issuance from 2028 through 2035, with about $800 million of common equity needs offset by dividend moderation. The key drivers are Houston load growth, with peak demand forecast to rise nearly 50% to about 31 GW by 2031 and roughly double to about 42 GW by the mid-2030s, supported by interconnection requests of 57 GW. The filing is furnished under Item 7.01 and is forward-looking, so execution risks around large transmission and resiliency projects, regulatory outcomes, Ohio LDC divestiture timing, and ZENS maturity remain relevant.

Sep 29, 2025 8-K

Shareholder MattersCorporate ChangesExhibits & Filings

CenterPoint Energy 8-K Report, Rights Modification (Sep 26, 2025)

CenterPoint Energy, Inc. (CNP) has filed an 8-K report detailing significant amendments to its corporate bylaws, effective September 25, 2025. These changes were implemented in response to updates in the Texas Business Organizations Code and as part of the company's ongoing corporate governance review. The amendments introduce a jury trial waiver for internal entity claims, modify the exclusive forum provision for such claims to include the Texas Business Court in Harris County, and establish a new ownership threshold requirement for shareholders seeking to institute derivative proceedings. Further adjustments include an increase in the director retirement age and a broadened definition of "Shareholder Associated Person." These bylaw revisions are designed to streamline internal corporate processes and potentially reduce litigation risks. Investors should note these changes as they could impact the rights and procedural options available to shareholders and the company in certain legal contexts.

Sep 26, 2025 8-K

Material AgreementsFinancial EventsSecurities & Listing+1

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Sep 18, 2025)

CenterPoint Energy (CNP) announced on September 18, 2025 the commencement of cash tender offers to repurchase up to $500 million in aggregate of its outstanding debt, split between two capped programs: up to $300 million of parent-level CenterPoint Energy senior notes (3.70% due 2049, 2.65% due 2031, 2.95% due 2030) and up to $200 million of General Mortgage Bonds issued by its wholly-owned subsidiary CenterPoint Energy Houston Electric, LLC (CEHE) (4.25% Series AC due 2049 and 4.50% Series X due 2044). The stated purpose is to reduce the company's and CEHE's outstanding indebtedness, and purchased securities will be cancelled rather than held as treasury debt. This is a voluntary, balance-sheet-focused liability management action rather than a new financing or operating development. From an investor standpoint, the transaction is modest relative to the company's scale: the $500 million aggregate cap is small against a company with roughly $44 billion in assets as of June 30, 2025. Funding is expected from cash on hand and commercial paper borrowings, so the net effect is largely a shift from long-dated, higher-coupon debt toward short-term commercial paper, which may modestly increase near-term refinancing and interest-rate exposure while reducing long-dated obligations. Pricing is set via a Treasury benchmark plus fixed spreads (+50 to +100 bps), with an early tender premium of $30 per $1,000 principal for tenders made by October 1, 2025, and the offers are not conditioned on minimum tender levels. Investors should weigh whether the company's stated deleveraging intent is accompanied by corresponding credit-metric improvement, given that the filing itself provides no pro forma leverage data. The filing also notes that the company may increase the maximum amounts at its discretion, and it highlights forward-looking risks including credit rating agency actions, financial market conditions, and regulatory decisions. The offers have key dates: early tender deadline and withdrawal deadline of October 1, 2025; early settlement expected October 6, 2025; and expiration on October 17, 2025 with final settlement expected October 21, 2025. Overall, this is a routine, credit-supportive capital management step, with limited direct impact on earnings or equity holders.

Sep 18, 2025 8-K

CenterPoint Energy 8-K Report, Material Agreement (Jul 31, 2025)

CenterPoint Energy, Inc. (CNP) has announced the completion of a private offering and resale of $1.0 billion in aggregate principal amount of 3.00% Convertible Senior Notes due 2028. The net proceeds after expenses were approximately $986.8 million. These notes bear a fixed interest rate of 3.00% and mature on August 1, 2028, with semiannual interest payments starting February 1, 2026. The issuance aims to provide financing while offering investors the potential for equity upside through conversion. The notes are convertible into CenterPoint Energy's common stock under specific conditions before May 1, 2028, and freely convertible thereafter. The initial conversion rate is set at 21.4477 shares per $1,000 principal amount, implying a conversion price of approximately $46.63 per share, which represents a premium to the stock's recent trading price. The company retains flexibility in how it settles conversion obligations, offering cash, stock, or a combination. The issuance of these notes increases the company's leverage and introduces potential dilution to existing shareholders upon conversion.

Jul 31, 2025 8-K

Leadership ChangesExhibits & Filings

CenterPoint Energy 8-K Report, Financial Results (Jul 24, 2025)

CenterPoint Energy (CNP) reported second quarter 2025 GAAP diluted EPS of $0.30 (net income of $198 million) and non-GAAP EPS of $0.29, versus $0.36 in both measures for Q2 2024. The quarter was pressured by $0.03 per share of higher financing costs and $0.03 of higher operating and maintenance expense, partly offset by $0.01 from favorable weather and usage. Management reiterated 2025 non-GAAP EPS guidance of $1.74-$1.76, which at the midpoint implies 8% growth over 2024, and reaffirmed a mid-to-high end 6%-8% annual non-GAAP EPS growth target through 2030. Year-to-date non-GAAP EPS is $0.81, roughly 46% of the $1.75 guidance midpoint, and management expects the earnings profile to be weighted toward the second half because of the timing of Texas rate case recoveries. The most notable development is a $500 million increase to the 2025 and 10-year capital investment plan, the third increase this year, which brings the cumulative 2025 increase to $5.5 billion and the 10-year plan to $53 billion through 2030. Management says the increase does not require incremental equity, and it cited a ~6 GW rise in the interconnection queue since the first quarter call, which supports its 50% load growth forecast by 2031. The company also announced a process to sell its Ohio natural gas LDC business, has derisked 2026 and 2027 equity needs through forward sales, and expects to deliver a refreshed 10-year plan by the end of September 2025. For credit, consolidated FFO/Debt on a Moody's basis, adjusted for one-time items, was 14.1% on a trailing twelve-month basis at 2Q 2025, above the company's 14%-15% long-term target. Management also highlighted that all Phase II Greater Houston Resiliency Initiative commitments were met on time or early, and that customer outage minutes were down nearly 50% in the first six months of 2025 versus 2024. Investors will want to monitor the pace of rate case and securitization recoveries, the Ohio sale, and the financing plan for the expanded capital program.

Jul 24, 2025 8-K

CenterPoint Energy 8-K Report, Executive Changes (Jul 21, 2025)

CenterPoint Energy (CNP) filed an 8-K on July 21, 2025 to announce the appointment of Jesus Soto, Jr. as Executive Vice President and Chief Operating Officer, effective August 11, 2025. Soto joins from Quanta Services, where he was Executive Vice President, Utility Performance Solutions, and reports to President & CEO Jason Wells. He will oversee Electric Operations, Gas Operations, Safety, Supply Chain, and Customer Care across all states CenterPoint serves. His compensation package includes a $725,000 base salary, an 80% target short-term incentive, a 260% target long-term incentive, and a one-time buyout of $6 million in restricted stock units vesting 25% annually over four years to replace forfeited equity from his prior employer. The filing also discloses Board approval on July 17, 2025 of a Fifth Amendment to the CenterPoint Energy 2005 Deferred Compensation Plan. Effective January 1, 2026, officers at the senior vice president level or higher may defer up to 90% of salary and/or short-term incentive compensation. The plan is nonqualified and unfunded, so participants are general, unsecured creditors of the Company, which carries some credit risk for participants but no direct cash cost to shareholders. For investors, the key takeaway is leadership strengthening around operations at a time of heavy capital spending. Management cited more than $31 billion of planned investment over the next five years, and the new COO's mandate covers the core areas of execution, reliability, and safety. The filing does not disclose any financial results or changes to guidance, so the near-term financial impact appears limited to the incremental compensation costs.

Jul 21, 2025 8-K

Material AgreementsFinancial EventsExhibits & Filings

CenterPoint Energy 8-K Report, Material Agreement (Jul 1, 2025)

CenterPoint Energy, Inc.'s subsidiary, Southern Indiana Gas and Electric Company (SIGECO), has entered into a significant financing agreement through a private placement of First Mortgage Bonds. This transaction involves the issuance of two tranches of Series 2025B Bonds totaling $205 million, with interest rates of 5.09% and 5.52% due in 2031 and 2035, respectively. Additionally, SIGECO will issue two tranches of Series 2025C Bonds totaling $145 million, with higher interest rates of 5.77% and 6.18%, due in 2040 and 2055. The issuance of the Series 2025C Bonds is scheduled for October 1, 2025, or sooner at SIGECO's discretion. The aggregate principal amount of these bonds is $350 million. The proceeds from this offering are earmarked for general corporate purposes, which include repaying short-term debt, refunding maturing long-term debt, and financing capital expenditures. This strategic move aims to manage the company's debt profile and support its ongoing operational and capital needs, providing flexibility in its financial management.

Jul 1, 2025 8-K

Material AgreementsOther EventsExhibits & Filings

CenterPoint Energy 8-K Report, Material Agreement (May 29, 2025)

CenterPoint Energy, Inc. (CNP) has filed an 8-K detailing a significant equity financing transaction. On May 27-28, 2025, the company entered into Underwriting and Forward Sale Agreements to issue and sell a total of approximately 24.86 million shares of its common stock. This includes an initial sale of 21.62 million shares and an additional 3.24 million shares upon the underwriters exercising their full option. These shares are being sold through a forward sale mechanism, where the company agrees to deliver shares at a future settlement date, expected by February 25, 2027. The initial forward sale price is set at $36.26 per share, subject to adjustments. This transaction is intended to raise capital for CenterPoint Energy and represents a substantial dilution of existing shareholder equity, with the exact impact on earnings per share and market price contingent on future settlement choices and market conditions.

May 29, 2025 8-K

Material AgreementsOther EventsExhibits & Filings

CenterPoint Energy 8-K Report, Material Agreement (May 28, 2025)

CenterPoint Energy, Inc. (CNP) has entered into forward sale agreements for an aggregate of 21,621,622 shares of common stock with an initial price of $36.26 per share. These agreements are structured to allow the company flexibility in settling its obligations, with settlement dates possible up to February 25, 2027. The company has options for physical settlement (issuing new shares, potentially dilutive), net share settlement, or cash settlement. The forward sale price is subject to daily adjustments based on interest rates. In conjunction with these agreements, CenterPoint Energy has also entered into an Underwriting Agreement, facilitating the sale of these shares by "Forward Sellers" to Underwriters on May 29, 2025. The Underwriters have been granted a 30-day option to purchase an additional 3,243,243 shares. The primary purpose of these transactions appears to be the financing of the company, though the terms allow for forward purchasers to accelerate settlement under certain conditions, which could compel the company to issue shares and create dilution irrespective of its capital needs.

May 28, 2025 8-K

CenterPoint Energy 8-K Report, Regulation FD Disclosure (May 9, 2025)

On May 9, 2025, CenterPoint Energy (CNP) announced the early results and pricing of its cash tender offers for up to $1.0 billion in aggregate purchase price of senior notes, consisting of up to $600 million of CenterPoint Energy notes and up to $400 million of notes issued by its subsidiary CenterPoint Energy Resources Corp. (CERC). Holders tendered substantial amounts, and the company expects to accept the full Aggregate Maximum Amount. Based on the disclosed prices and accepted principal amounts, the implied purchase price is roughly $600 million for the CNP notes and roughly $400 million for the CERC notes. The offers are a liability management exercise that retires higher-coupon and shorter-dated debt, and the filing does not state how the company will fund the repurchases. The tender offers were priced at a fixed spread over the relevant U.S. Treasury yield. Holders who tendered by the May 8, 2025 early tender date receive a $30 per $1,000 early tender payment plus accrued interest. Early settlement is expected May 13, 2025, and the offers expire May 23, 2025. The company will not purchase additional notes after early settlement because the cap will already be reached. Proration applies to only two series: the CNP 5.40% notes due 2029 (about 7.1% proration factor) and the CERC 5.40% notes due 2033 (about 91.5% proration factor). The CNP 2.95% notes due 2030 and 2.65% notes due 2031 and several CERC series received no acceptances, so their tendering holders will have those notes returned. For investors, the key takeaways are that CenterPoint is actively managing its debt stack, paying premiums for certain notes, and retiring roughly $1.0 billion of debt in principal and purchase-price terms. The filing does not give the balance-sheet or leverage impact, the funding source, or any new issuance plans, so investors should review the Offer to Purchase and subsequent financing disclosures to assess the net effect on leverage and interest cost.

May 9, 2025 8-K

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Apr 25, 2025)

On April 25, 2025, CenterPoint Energy (CNP) announced the commencement of cash tender offers to repurchase up to $1.0 billion aggregate purchase price of its senior notes, split into two capped programs: up to $600 million of CenterPoint Energy-issued notes and up to $400 million of notes issued by its wholly-owned subsidiary CenterPoint Energy Resources Corp. (CERC). The stated purpose is to reduce the company's and CERC's outstanding indebtedness. Notes bought back will be cancelled, and the company expects to fund the purchases with cash on hand and borrowings under its and CERC's commercial paper programs. The offers are structured with acceptance priority levels, pricing based on a fixed spread over the relevant U.S. Treasury yield (ranging from +35 to +115 bps), and an early tender payment of $30 per $1,000 principal amount for notes tendered by the May 8, 2025 early tender date. Key dates include a May 9 pricing date, a May 13 early settlement, a May 23 expiration, and a May 28 final settlement. The company reserves the right to adjust the maximum amounts, increase the caps, or terminate the offers, and a $150 million sublimit applies to the CERC 4.10% notes due 2047. For investors, the transaction is a balance-sheet management action rather than an operating or earnings event. It reduces gross debt and refinances a portion of higher-coupon or near-term maturities largely with commercial paper, which could modestly change interest expense and the mix of short-term versus long-term debt. Holders should note that the offers are voluntary, the company makes no recommendation, and final outcomes depend on tender levels, pricing, and proration. The filing does not disclose the financial impact or expected savings.

Apr 25, 2025 8-K

Acquisitions & DispositionsRegulation FDExhibits & Filings

CenterPoint Energy 8-K Report, Financial Results (Apr 24, 2025)

CenterPoint Energy (CNP) reported first quarter 2025 GAAP net income of $297 million, or $0.45 per diluted share, and non-GAAP EPS of $0.53, compared with $0.55 in the year-earlier quarter. The GAAP decline was driven mainly by a $43 million loss on the sale of its Louisiana and Mississippi natural gas LDC businesses. Non-GAAP results were held back by $0.08 of unfavorable variance from higher financing costs ($0.04), higher O&M ($0.02), and dilution from 2024 equity issuances ($0.02), partly offset by growth and rate recovery ($0.03) and favorable weather and usage ($0.05). Management reiterated 2025 non-GAAP EPS guidance of $1.74-$1.76, implying about 8% growth at the midpoint, and kept its long-term non-GAAP EPS growth target of the mid-to-high end of 6%-8% annually through 2030. The company raised its 10-year capital plan by $1 billion to $48.5 billion, citing Houston load growth. Management said interconnection requests rose about 7 GW since the end of January, supporting its forecast of roughly 50% load growth by 2031. Houston Electric's Greater Houston Resiliency Initiative (Phase II over 70% complete) and the System Resiliency Plan (about $5.5 billion of resiliency capital from 2026 through 2028) are central to the investment case. Investors should weigh the earnings profile and balance-sheet items. Earnings are expected to be more back-half weighted in 2025 because Texas rate case recoveries arrive later in the year. Moody's-basis FFO/Debt was 13.9% on a trailing twelve-month basis, against a long-term target of 14%-15%. Management also plans to fund the capital program through asset recycling, securitization (about $1.6 billion across two filings), and equity or equity-like proceeds of $2.75 billion through 2030, and has begun forward sales to address 2026 equity needs. Both Fitch and S&P carry negative outlooks on the company's ratings, which is a risk to monitor.

Apr 24, 2025 8-K

Shareholder Matters

CenterPoint Energy 8-K Report, Shareholder Vote Results (Apr 16, 2025)

CenterPoint Energy, Inc. (CNP) filed an 8-K on April 16, 2025, reporting the results of its annual shareholder meeting. The filing indicates strong shareholder support for the company's slate of director nominees, with all individuals elected to serve one-year terms. Additionally, shareholders overwhelmingly ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2025, signaling confidence in the company's audit process. Furthermore, the advisory vote on executive compensation was approved, suggesting that shareholders are generally aligned with the company's compensation practices. Shareholders also approved an amendment to the Stock Plan for Outside Directors, which includes an increase in the number of shares reserved for issuance. Overall, the voting outcomes reflect a positive sentiment from shareholders regarding the company's governance and management.

Apr 16, 2025 8-K

CenterPoint Energy 8-K Report, Acquisition Completed (Apr 1, 2025)

On March 31, 2025, CenterPoint Energy Resources Corp., a wholly owned subsidiary of CenterPoint Energy (NYSE: CNP), completed the sale of its Louisiana and Mississippi regulated natural gas local distribution company businesses to affiliates of Bernhard Capital Partners for approximately $1.2 billion, subject to customary post-closing adjustments for net working capital, regulatory assets and liabilities, and capital expenditures. The Purchase Agreement was originally signed February 19, 2024, and the transaction has now closed after receiving all necessary federal and state approvals, including Hart-Scott-Rodino antitrust clearance and approvals from the Louisiana and Mississippi Public Service Commissions. The divested assets comprise roughly 12,000 miles of gas distribution main serving approximately 380,000 metered customers. Delta Utilities, based in New Orleans, assumed service responsibility immediately upon closing. Management stated that the sale proceeds will support the efficient funding of CenterPoint's long-term capital plan, which it characterizes as one of the most tangible growth plans in the industry, while continuing to prioritize safety, reliability, and resiliency. For investors, the filing is primarily a completion notice rather than a new disclosure. The key takeaways are the realization of roughly $1.2 billion in proceeds, which management intends to redeploy toward funding its capital investments, and the exit from these two gas distribution jurisdictions. The 8-K does not disclose the use of proceeds in detail, a gain or loss on sale, or updated financial guidance, so investors should look to subsequent quarterly filings and earnings materials for those figures.

Apr 1, 2025 8-K

Regulation FDExhibits & Filings

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Mar 18, 2025)

This Form 8-K, filed by CenterPoint Energy (CNP) on March 18, 2025, furnishes audited 2024 and 2023 financial statements and supplementary operating data for Southern Indiana Gas and Electric Company (CEI South), an indirect wholly owned subsidiary of CenterPoint. The filing is furnished under Regulation FD rather than filed, and the statements are not prepared under Regulation S-X or S-K. Deloitte & Touche issued an unqualified opinion. The information is relevant mainly to bondholders and to investors tracking CenterPoint's Indiana utility operations, since CEI South does not issue public equity. CEI South's 2024 net income rose to $147 million from $80 million, and operating income rose to $217 million from $125 million on revenue of $771 million, up from $740 million. The improvement was driven mainly by lower operation and maintenance expense, which fell to $179 million from $251 million as the A.B. Brown 1 and 2 and Warrick 4 units ceased operation. Total assets grew to $4.1 billion from $3.8 billion, and shareholder's equity increased to $1.52 billion, helped by a $105 million capital contribution from its parent. Capital expenditures were $389 million in cash terms, and total long-term debt was flat at $1.4 billion. Subsequent events are significant. On February 3, 2025, the IURC approved a settlement that raises electric revenues by $80 million, reflecting a 9.8% ROE on a 55% equity ratio. On January 31, 2025, the company issued $165 million of 5.69% first mortgage bonds due 2055, and on March 7, 2025, it completed the roughly $357 million acquisition of the Posey Solar project. The credit facility was extended to December 2028. The EPC contractor on the Culley natural gas turbines has signaled a claim for an equitable price adjustment tied to proposed tariffs, a risk to monitor.

Mar 18, 2025 8-K

CenterPoint Energy 8-K Report, Financial Results (Feb 20, 2025)

CenterPoint Energy (CNP) reported fourth-quarter and full-year 2024 results on February 20, 2025. GAAP income available to common shareholders was $248 million ($0.38 per diluted share) for Q4 2024 and $1,019 million ($1.58 per diluted share) for full-year 2024. Non-GAAP EPS was $0.40 for Q4 2024 (up 25% year over year) and $1.62 for full-year 2024, an 8% increase over the $1.50 reported for 2023. The non-GAAP figures exclude mark-to-market changes on ZENS-related securities and impacts from the Louisiana and Mississippi LDC sale and the earlier Energy Systems Group divestiture. The company reiterated 2025 non-GAAP EPS guidance of $1.74-$1.76, which implies about 8% growth at the midpoint, and kept a mid-to-high end 6%-8% annual non-GAAP EPS growth target through 2030. The main growth driver is Houston Electric's load outlook. CenterPoint now forecasts Houston-area electric peak load to rise from about 21 GW in 2024 to about 31 GW by 2031, nearly a 50% increase. The 10-year capital plan (2021-2030) rose by $500 million to $47.5 billion, all for incremental Houston Electric resiliency investment. The company also filed a $5.75 billion Systemwide Resiliency Plan and expects roughly $5.5 billion of resiliency capital from 2026 through 2028. Management reported FY2024 FFO/Debt of 13.6% on Moody's methodology, adjusted for one-time items, against a long-term target of 14%-15%, and expects about $1.2 billion of gross proceeds from the Louisiana and Mississippi LDC sale by the end of Q1 2025. Investors should weigh the earnings growth and load outlook against the balance-sheet pressure. Parent-level maturities, ratings outlooks marked negative at all three agencies, and a planned increase of $250 million in equity or equity-like issuance through 2030 all bear on the cost and dilution of funding the plan.

Feb 20, 2025 8-K

Leadership ChangesExhibits & Filings

CenterPoint Energy 8-K Report, Material Agreement (Jan 29, 2025)

CenterPoint Energy, Inc. (CNP) has filed an 8-K report detailing amendments to its credit agreements. These amendments, entered into on January 29, 2025, primarily serve to extend the maturity date of existing credit facilities by one year, pushing the maturity from December 6, 2027, to December 6, 2028. This extension applies to credit agreements for CenterPoint Energy, Inc. itself, as well as its key subsidiaries: CenterPoint Energy Houston Electric, LLC, CenterPoint Energy Resources Corp., and Southern Indiana Gas and Electric Company (SIGECO). This proactive extension of debt maturities is generally viewed positively by investors as it enhances financial flexibility and provides a longer runway for the company to manage its capital structure. By securing this extension ahead of the original maturity dates, CenterPoint demonstrates its commitment to maintaining a stable liquidity position and reduces near-term refinancing risk. The company has engaged major financial institutions, including JPMorgan Chase Bank, Mizuho Bank, and Wells Fargo Bank, in these amendments, indicating continued strong banking relationships.

Jan 29, 2025 8-K/A

Leadership Changes

CenterPoint Energy 8-K/A Report, Executive Changes (Jan 7, 2025)

This 8-K filing is an amendment to a previous report concerning the retirement of Lynne Harkel-Rumford, Executive Vice President and Chief Human Resources Officer of CenterPoint Energy, Inc. The amendment clarifies the timeline and nature of her transition. Ms. Harkel-Rumford initially notified the company of her intent to retire on December 12, 2024, with her retirement date set for February 3, 2025. Effective January 1, 2025, she transitioned from her executive role to a Senior Advisor position, reporting to the Chief Executive Officer, a role she will hold until her final departure.

Jan 7, 2025 8-K

CenterPoint Energy 8-K Report, Executive Changes (Dec 16, 2024)

CenterPoint Energy (NYSE: CNP) filed an 8-K on December 16, 2024 reporting two board and management changes; it contains no financial results, guidance, or material financial disclosures. The most significant item is the appointment of Dean Seavers, a former President of National Grid U.S. and Executive Director of National Grid plc, to the Board of Directors effective December 31, 2024. He fills the vacancy created by the previously announced resignation of Barry T. Smitherman and will serve on the Governance, Environmental and Sustainability Committee and the Safety and Operations Committee. He is expected to stand for election at the 2025 annual shareholder meeting, and his initial stock award is valued at $56,357, a prorated share of the $170,000 annual award given to non-employee directors. The filing also discloses that Executive Vice President and Chief Human Resources Officer Lynne Harkel-Rumford intends to retire effective February 3, 2025. The company states that her departure is not the result of any disagreement with management on operations, policies, controls, or financial reporting. This is a routine leadership transition that investors should monitor, though it does not by itself signal operational or financial stress. For investors, the filing is governance-oriented rather than fundamental. The Seavers appointment adds utility and safety operating experience to the board, which management frames as supporting safety, operational performance, and governance enhancement across CenterPoint's multi-state footprint. The company's Independent Chair, Phillip R. Smith, is quoted in support. Investors should look to future filings and earnings reports for any financial impact.

Dec 16, 2024 8-K

Leadership Changes

CenterPoint Energy 8-K Report, Executive Changes (Dec 3, 2024)

CenterPoint Energy, Inc. (CNP) announced on December 3, 2024, that Barry T. Smitherman will be resigning from its Board of Directors, effective December 31, 2024. Mr. Smitherman's decision to step down is driven by his desire to pursue other professional opportunities and is explicitly stated as not being related to any disagreements with the Company regarding its operations, policies, financial controls, accounting matters, or disclosures. This change represents a transition on the Board, but the filing emphasizes its amicable nature and lack of any underlying disputes. Investors should note that while the departure of a director can sometimes signal underlying issues, the Company has clearly articulated that this is a voluntary decision by Mr. Smitherman. The absence of any reported disagreements or concerns suggests that this is a planned transition rather than a reflection of any current challenges or performance issues within CenterPoint Energy. The market will likely monitor any subsequent board composition changes or director appointments for further insights into the Company's strategic direction and governance.

Dec 3, 2024 8-K

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Nov 12, 2024)

CenterPoint Energy (CNP) filed an 8-K on November 12, 2024 disclosing that its Texas electric transmission and distribution subsidiary, CenterPoint Energy Houston Electric (CEHE), withdrew its appeal of a State Office of Administrative Hearings order that had denied the withdrawal of its 2024 general rate case (PUCT Docket No. 56211, filed March 6, 2024). The rate case had been abated in July 2024, and the company now plans to resume settlement talks with intervenors. The company framed the original August 2024 withdrawal request as part of a broader hurricane-season resiliency push, and the rate case remains an open, unresolved proceeding. The filing's most important investor-facing content is the reaffirmation of guidance. CenterPoint reaffirmed 2024 non-GAAP EPS growth of about 8% and a 2025 non-GAAP EPS target range of $1.74 to $1.76, which implies roughly 8% growth at the midpoint. It also reaffirmed sustainable non-GAAP EPS and dividend growth in the 6% to 8% range through 2030. Year-to-date non-GAAP EPS through Q3 2024 was $1.22, about 75% of the midpoint of the $1.61 to $1.63 full-year 2024 range, and the company reported 13.8% trailing-twelve-month FFO/Debt against a 14% to 15% long-term target. The investor update also flagged a larger capital plan and higher equity needs. The 10-year capital plan rises from $44.5 billion to $47 billion, including $2.5 billion of incremental Houston resiliency investment, and the equity or equity-like issuance plan increases by $1.25 billion to $2.5 billion through 2030. Funding is expected from roughly $3 billion of asset recycling and securitization proceeds in 2025 and beyond, including $1.2 billion of gross proceeds from the pending Louisiana and Mississippi gas LDC sales. Key risks for investors include the outcome and timing of the Houston rate case, the pace of resiliency spending, and the scale of incremental equity dilution.

Nov 12, 2024 8-K

CenterPoint Energy 8-K Report, Material Agreement (Oct 31, 2024)

CenterPoint Energy, Inc. (CNP) has announced the entry into a material definitive agreement for the underwritten public offering of $500,000,000 aggregate principal amount of its 6.700% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series C, due 2055. This offering, made under its existing Form S-3 registration statement, signifies a move to raise substantial capital through the issuance of subordinated debt. The Notes carry a fixed interest rate of 6.700% until May 15, 2030, after which the rate will reset every five years based on the prevailing Five-year Treasury Rate plus a spread of 2.586%. A notable feature of these notes is the Company's option to defer interest payments under certain conditions, which may impact dividend payments and other debt obligations. Investors should note that these notes are unsecured and rank junior to the Company's senior indebtedness.

Oct 31, 2024 8-K

Material AgreementsFinancial EventsExhibits & Filings

CenterPoint Energy 8-K Report, Financial Results (Oct 28, 2024)

CenterPoint Energy (CNP) reported third quarter 2024 results on October 28, 2024, with GAAP income available to common shareholders of $193 million, or $0.30 per diluted share, and non-GAAP EPS of $0.31, down $0.09 from $0.40 in Q3 2023. The decline was driven mainly by $0.11 per share of higher operating and maintenance expense from accelerated activity under Phase I of the Greater Houston Resiliency Initiative (GHRI). Growth and regulatory recovery added $0.09 per share, partly offset by Hurricane Beryl outage-related usage (-$0.02) and unfavorable weather at Houston Electric (-$0.04). Management reiterated 2024 non-GAAP EPS guidance of $1.61-$1.63, about 8% growth over 2023 at the midpoint, and initiated 2025 non-GAAP EPS guidance of $1.74-$1.76, roughly 8% growth at the midpoint, while maintaining a mid-to-high end 6%-8% annual non-GAAP EPS growth target through 2030. The company also raised its 10-year capital plan (2021A-2030E) from $44.5 billion to $47 billion, adding $2.5 billion for incremental Houston Electric resiliency investments, and increased its equity or equity-like issuance plan by $1.25 billion to a total of $2.5 billion through 2030. Credit metrics were a focal point: trailing-twelve-month FFO/Debt on Moody's adjusted basis was 13.8% (versus a 14%-15% long-term target through 2030), and ratings carry negative outlooks at all three agencies. Liquidity was approximately $3 billion, and the pending sale of Louisiana and Mississippi gas LDCs (gross proceeds about $1.2 billion, expected to close by end of Q1 2025) remains an important funding lever. For investors, the key tension is between a solid long-term growth framework and near-term earnings pressure from elevated resiliency spending, combined with a larger equity need and a thin cushion on credit metrics. Execution on GHRI cost management, securitization timing, and rate case outcomes will be central to whether the 2025 guidance and 2030 growth targets hold.

Oct 28, 2024 8-K

CenterPoint Energy 8-K Report, Material Agreement (Aug 29, 2024)

CenterPoint Energy Inc. (CNP), through its wholly-owned subsidiary Southern Indiana Gas and Electric Company (SIGECO), has entered into a significant private placement debt offering totaling $325 million. This offering includes two tranches of Series 2024A First Mortgage Bonds: $100 million at 5.18% due 2034 and $60 million at 5.28% due 2036, both issued on August 29, 2024. Additionally, SIGECO will issue $165 million of Series 2025A First Mortgage Bonds at a higher rate of 5.69% due 2055, with issuance expected by January 31, 2025. The proceeds from these bonds are earmarked for general corporate purposes, including the repayment of existing short-term and long-term debt, and to fund capital expenditures such as SIGECO's Posey solar project. These bonds are secured by SIGECO's first mortgage bonds collateral and are being sold in a private placement, meaning they are not registered under the Securities Act of 1933 and are subject to transfer restrictions.

Aug 29, 2024 8-K

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Aug 28, 2024)

On August 28, 2024, CenterPoint Energy (CNP) disclosed through an 8-K that its subsidiary CenterPoint Energy Houston Electric (Houston Electric) completed the core resiliency actions of the first phase of its Greater Houston Resiliency Initiative (GHRI) ahead of schedule. Completed actions included installing more than 300 automation devices, installing more than 1,000 stronger poles, and trimming or removing vegetation along more than 2,000 miles of power lines. The company also said it has completed 39 of 42 critical actions in its broader GHRI plan. Management reaffirmed its previously announced non-GAAP earnings guidance. The more consequential news for investors is a set of forward-looking regulatory and financial commitments. Houston Electric proposes roughly $5 billion of resiliency investment for 2026 to 2028, to be included in a new system resiliency plan to be filed with the Public Utility Commission of Texas on or before January 31, 2025. This would potentially double prior planned investment. The company also proposes to forgo about $110 million of profit: roughly $70 million of incremental storm hardening expense absorbed after Hurricane Beryl, plus about $40 million of anticipated equity profit from temporary emergency generation leases that it will not seek to recover from 2028 onward. The forgone profit is described as more than half of the equity earnings from those leases. The filing is largely a political and regulatory response to customer and lawmaker pressure after Hurricane Beryl and the prior Winter Storm Uri-related generation controversy. Its near-term financial impact depends on how the PUCT and stakeholders respond to the $5 billion proposal, which is not yet filed, and on whether the forgone profit meaningfully affects future earnings. The filing notes that the proposal is subject to feedback and an independent third-party cost-benefit assessment, so the final scope and timing remain uncertain.

Aug 28, 2024 8-K

Material AgreementsOther EventsExhibits & Filings

CenterPoint Energy 8-K Report, Material Agreement (Aug 14, 2024)

CenterPoint Energy, Inc. (CNP) announced on August 14, 2024, the execution of an Underwriting Agreement for a substantial debt offering. The company is issuing $400 million in 7.000% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series A, due 2055, and $400 million in 6.850% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series B, also due 2055, totaling $800 million in aggregate principal amount. This offering is being made under an existing shelf registration statement and introduces junior subordinated notes which rank below senior indebtedness. The Series A notes will carry a fixed rate of 7.000% until February 15, 2030, after which the rate will reset every five years based on the Five-year Treasury Rate plus a spread of 3.254%. The Series B notes will carry a fixed rate of 6.850% until February 15, 2035, with subsequent five-year resets tied to the Five-year Treasury Rate plus a spread of 2.946%. A key feature of these notes is the company's option to defer interest payments under certain conditions, which would also restrict dividend payments to shareholders and payments on other junior or equally-ranked debt.

Aug 14, 2024 8-K

CenterPoint Energy 8-K Report, Material Agreement (Aug 8, 2024)

CenterPoint Energy, Inc. (CNP) has filed an 8-K report detailing two significant events. The company entered into an Underwriting Agreement to conduct a public offering of approximately 9.75 million shares of its common stock, selling them to underwriters at $25.36 per share. This offering is being made under an existing registration statement and is expected to provide additional capital for the company. Additionally, the report addresses regulatory matters in Texas. CenterPoint Energy Houston Electric, LLC (Houston Electric) is facing a public request from the Texas Lieutenant Governor to claw back $800 million previously approved for recovery from ratepayers related to emergency response and mobile generation. In parallel, Houston Electric has committed to accelerating its hurricane preparedness and response plan following a meeting with the Texas Governor. The company also noted intervenor challenges to its withdrawal of a rate change application with the Public Utility Commission of Texas (PUCT).

Aug 8, 2024 8-K

CenterPoint Energy 8-K Report, Regulation FD Disclosure (Aug 2, 2024)

CenterPoint Energy (CNP) disclosed on August 2, 2024 that its electric transmission and distribution subsidiary, CenterPoint Energy Houston Electric, LLC (Houston Electric), is withdrawing both its 2024 general rate case (PUCT Docket No. 56211, filed March 6, 2024) and its transmission and distribution system resiliency plan (PUCT Docket No. 56548, filed April 29, 2024). The Company framed the move as a response to the impacts of Hurricane Beryl, with management prioritizing storm readiness and resiliency for the remainder of the hurricane season over regulatory proceedings. Both applications had already been placed under abatement by the PUCT in July 2024, so the withdrawal removes them from active review rather than resolving them on the merits. For investors, the key takeaways are the removal of a pending rate increase request from the near-term regulatory calendar and the reputational and political cost implied by the decision. The filing does not quantify the revenue impact of the withdrawal, and the company states that Houston Electric expects to complete a broader assessment of system resiliency opportunities and intends to refile a subsequent resiliency plan. The timing and magnitude of any future rate relief therefore remain uncertain, and the filing gives no specific estimate of the investment or cost implications of the refiled plan. CenterPoint also reaffirmed its previously announced non-GAAP earnings guidance. This is a meaningful signal that management does not expect the withdrawal to change its near-term earnings outlook, though the filing does not provide the underlying assumptions. Investors should watch the company's next quarterly report and any PUCT actions on the storm response and future resiliency filing for further detail.

Aug 2, 2024 8-K

Material AgreementsFinancial EventsRegulation FD+1

CenterPoint Energy 8-K Report, Financial Results (Jul 30, 2024)

CenterPoint Energy (CNP) reported second quarter 2024 results on July 30, 2024, with GAAP income available to common shareholders of $228 million and non-GAAP income of $234 million, both equating to $0.36 per diluted share. The company reaffirmed its 2024 non-GAAP EPS guidance and its 8% 2024 non-GAAP EPS growth target, along with a target of mid-to-high end of 6-8% annual growth for 2025 through 2030. The quarter's results were overshadowed by Hurricane Beryl and the May 2024 storms, which restored over 2 million customers within the first seven days. Management outlined an emergency response improvement plan submitted to the Texas PUC, including a new outage tracker by August 1, expanded vegetation management, and hardening of distribution lines. For investors, the key issues are financing and regulatory recovery of an estimated $1.6-$1.8 billion in combined May and July 2024 storm costs. Management plans to use interim mechanisms, rate cases, and securitization (anticipated 3Q or 4Q 2025), and it assumes deferral of cost of capital until securitization. Credit metrics are a focus: Moody's-based FFO/Debt was 13.3% at Q2 2024 on an adjusted basis, below the company's 14-15% long-term target, and the company said it will incorporate higher equity-content instruments into its 2024 refinancing. Pending items include the sale of Louisiana and Mississippi gas LDCs for a gross price of about $1.2 billion, targeted to close by Q1 2025. The 10-year capital plan stands at $44.5 billion through 2030, with a targeted 10% rate base growth. Management stated the current year capital plan remains on track at about $3.7 billion, and it reaffirmed its ZENS-related and merger-related non-GAAP adjustments. Investors should weigh strong guidance reaffirmation against storm-related financing needs, credit metric pressure, and regulatory outcomes in Texas.

Jul 30, 2024 8-K

CenterPoint Energy 8-K Report, Material Agreement (Jun 24, 2024)

CenterPoint Energy, Inc. (CNP) subsidiary, CenterPoint Energy Houston Electric, LLC, has entered into a $300 million delayed draw term loan agreement with an option to increase by an additional $200 million. The primary purpose of this facility, maturing in December 2025, is to support liquidity needs arising from the significant damage caused by severe weather events in May 2024. These storm events, which included hurricane-like winds and tornadoes, are estimated to have caused between $425 million and $475 million in restoration costs. The company's ability to manage its debt levels is a key consideration, with the loan agreement including a debt-to-capitalization covenant. Notably, this covenant allows for a temporary increase to 70% from 67.5% under specific conditions related to natural disaster damages exceeding $100 million and the intention to seek recovery through securitization financing. CenterPoint Energy is also reaffirming its previously announced non-GAAP earnings guidance, though a reconciliation for forward-looking guidance is not provided due to the unpredictable nature of certain excluded items.

Jun 24, 2024 8-K