Centerpoint Energy (CNP) Stock News

Truist Securities lowered its price target for CenterPoint Energy from $46.00 to $44.00.

Citigroup lowered its price target for CenterPoint Energy from $47.00 to $43.00 per share.

CenterPoint Energy released its GHRI progress update. Crews have installed 83,500+ storm-resilient poles, cleared 14,000+ miles of vegetation, and undergrounded 900+ miles of power lines. The program is on track to prevent 150 million customer outage minutes in 2026.

CenterPoint Energy (CNP) closed the sale of its Ohio natural gas LDC to National Fuel Gas (NFG) for $2.62 billion. Consideration includes $1.42B cash and a $1.20B note. The assets serve 335,000 customers across 5,900 miles of pipeline. CenterPoint will use proceeds to fund its $66.7B capital plan.

CenterPoint Energy (CNP) declared a regular quarterly cash dividend of $0.2400 per share on common stock. The dividend is payable December 10, 2026, to shareholders of record as of November 19, 2026. The declaration maintains the company's existing dividend policy.

CenterPoint Energy has been selected by the U.S. Department of Energy for a $50 million grant under the SPARK program. The funds will support advanced substation technology from Siemens Energy, aiming to improve grid resiliency, reliability, and capacity in the Greater Houston area. The project is expected to create more than 500 construction jobs.

The Energy Department has selected CenterPoint Energy to receive a $50 million grant to strengthen and modernize the electric grid in Greater Houston. The award, announced by the DOE and Assistant Secretary Katie Jereza, is part of the SPARK program and is subject to final negotiation. It will fund advanced substation technology upgrades aimed at improving reliability, resiliency, and capacity for growing demand.

CenterPoint Energy to install Siemens grid-stabilizing technology under DOE grant.