8-KRegulation FDExhibits & Filings

CENTERPOINT ENERGY INC 8-K Report, Regulation FD Disclosure (Oct 25, 2005)

Filed October 25, 2005For Securities:CNP

Summary

CenterPoint Energy, Inc. (CNP) announced on October 25, 2005, that its indirect wholly owned subsidiary, CenterPoint Energy Gas Transmission Company (CEGT), has entered into a definitive Precedent Agreement with XTO Energy, Inc. (XTO). This agreement outlines CEGT's role in transporting natural gas production for XTO, a significant development in CenterPoint Energy's midstream operations. This news, disclosed under Regulation FD, highlights a strategic partnership that is expected to enhance CEGT's natural gas transportation services. Investors should note that while this announcement provides insight into business development, it is furnished and not filed, meaning it's not automatically incorporated into future SEC filings unless explicitly stated. The company is not admitting to the materiality of this information.

Key Highlights

  • 1CenterPoint Energy's subsidiary, CEGT, signed a Precedent Agreement with XTO Energy for natural gas transportation.
  • 2The agreement signifies a new business relationship for CenterPoint Energy's gas transmission segment.
  • 3CEGT is an indirect wholly owned subsidiary of CenterPoint Energy Resources Corp. (CERC), which is itself a subsidiary of CNP.
  • 4The announcement was made via a press release dated October 25, 2005.
  • 5This filing is under Regulation FD Disclosure (Item 7.01), indicating the information is being shared broadly.
  • 6The press release (Exhibit 99.1) is furnished, not filed, and not automatically incorporated into future SEC registration statements.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce that CenterPoint Energy's subsidiary, CEGT, has entered into a significant natural gas transportation agreement with XTO Energy, as disclosed under Regulation FD.

The parties involved are CenterPoint Energy Gas Transmission Company (CEGT), an indirect wholly owned subsidiary of CenterPoint Energy, and XTO Energy, Inc. (XTO).

The Precedent Agreement signifies a definitive arrangement for CEGT to provide natural gas transportation services for XTO's production, indicating a new business contract and potential revenue stream for CenterPoint Energy's transmission operations.

The press release is being furnished under Regulation FD to ensure broad public disclosure of the information. Furnishing means the company is sharing the information with the public but is not legally obligating itself to include it in future SEC filings, nor is it admitting to the materiality of the information disclosed.