Recent Updates — CNP
CenterPoint Energy reported third-quarter non-GAAP diluted earnings per share of $0.53, up from $0.50 in the prior year period. The company raised its 2026 full-year non-GAAP EPS guidance to a range of $1.90-$1.92 and initiated 2027 guidance of $2.07-$2.09. Management also increased its 10-year capital investment plan by $4 billion to $70.7 billion, accelerating $1.5 billion into the near term to support customer demand in Greater Houston. Additionally, CenterPoint completed the sale of its Ohio natural gas distribution business for approximately $2.6 billion gross proceeds. The company operates as an investor-owned electric and gas utility serving customers primarily in Texas.
Southern Indiana Gas and Electric Company, a wholly-owned subsidiary of CenterPoint Energy, Inc., entered into a Bond Purchase Agreement on October 20, 2026, to sell $260 million in aggregate principal amount of first mortgage bonds. The issuance includes $130 million of 5.99% Series 2026A Bonds due 2031, $80 million of 6.15% Series 2026B Bonds due 2033, and $50 million of 6.33% Series 2027A Bonds due 2037. Proceeds will be used for general corporate purposes, including repaying short-term debt and funding capital expenditures. CenterPoint Energy operates as an energy infrastructure company providing natural gas and electric utility services.
CenterPoint Energy completed the sale of its Ohio natural gas utility business, Vectren Energy Delivery of Ohio, LLC, to National Fuel Gas Company for $2.62 billion on October 1, 2026. The transaction consideration consists of $1.42 billion in cash and a $1.20 billion promissory note bearing interest at 6.50% per annum, maturing September 30, 2027. The divested assets include approximately 5,900 miles of pipeline serving roughly 335,000 customers in West Central Ohio. CenterPoint intends to use the proceeds to fund its $66.7 billion ten-year capital plan and enhance infrastructure resiliency. CenterPoint Energy is an investor-owned electric and natural gas utility operating primarily in Texas, Indiana, and Minnesota.
CenterPoint Energy disclosed a cybersecurity incident in which an unauthorized third party accessed personal information of a portion of its customers via an external-facing system. The company activated response protocols, engaged third-party experts, and notified law enforcement and regulatory authorities. While the investigation into the scope of affected data is ongoing, operations for electric and gas delivery remain uninterrupted. Management does not believe the incident will have a material impact on financial condition or results of operations, though it expects to incur expenses related to the response, which are expected to be offset by cybersecurity insurance coverage. CenterPoint Energy operates in the utility industry, providing electricity and natural gas services.
On September 9, 2026, CenterPoint Energy, Inc. and its subsidiaries replaced existing revolving credit facilities with four new agreements totaling $4.6 billion in aggregate commitments. The parent company secured a $2.2 billion facility (down from $2.4 billion), while Houston Electric increased its limit to $1.0 billion (from $300 million). CenterPoint Energy Resources Corp. raised its commitment to $1.1 billion (from $1.05 billion), and Southern Indiana Gas and Electric Company established a new $300 million facility (up from $250 million). All facilities are five-year senior unsecured revolving credit agreements with JPMorgan Chase Bank as administrative agent. The company also announced expected adjustments to its commercial paper programs, including a decrease for the parent and an increase for CERC, alongside the commencement of a new program for Houston Electric. CenterPoint Energy operates in the utility industry, providing electricity and natural gas services.
On July 30, 2026, CenterPoint Energy, Inc. entered into an underwriting agreement for the public offering of $700 million aggregate principal amount of its 6.400% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series E, due 2058. The notes bear interest at 6.400% per annum until August 15, 2033, after which the rate resets every five years based on the Five-Year Treasury Rate plus a spread of 1.885%, with a floor of 6.400%. Interest is payable semi-annually in arrears on February 15 and August 15, beginning February 15, 2027. The notes are unsecured obligations ranking junior to senior indebtedness and include optional deferral provisions for up to 20 consecutive periods. CenterPoint Energy operates as an electric utility company providing electricity generation, transmission, and distribution services primarily in Texas.