CenterPoint Energy, Inc.

CenterPoint Energy, Inc.

CenterPoint Energy, Inc.

Overview
Date Founded

2014

Headquarters

1111 LOUISIANA STREET, HOUSTON, TX, 770025230

Type of Company

Public

Employees (Worldwide)

13K

Industries

Power & Utilities
IT Consulting & Services
Alternative Energy
Other Business & Consulting Services
Oil & Gas

Company Description

CenterPoint Energy, Inc. is a holding company, which engages in the business of power generation and distribution. It operates through the following segments: Houston Electric Transmission & Distribution (T&D); Indiana Electric Integrated; Natural Gas Distribution; Energy Services; Infrastructure Services; Midstream Investments; and Corporate and Other. The Electric T&D segment offers electric transmission and distribution services. The Indiana Electric Integrated segment includes energy delivery services to electric customers and electric generation assets to serve electric customers and optimize those assets in the wholesale power market. The Natural Gas Distribution segment provides regulated natural gas distribution services. The Energy Services segment offers non-rate regulated natural gas sales to, and transportation and storage services, for commercial and industrial customers. The Infrastructure Services segment focuses on underground pipeline construction and repair services. The Midstream Investments segment consist of the equity method investment in Enable. The Other Operations segment comprises office buildings and other real estate used for business operations and home repair protection plans. The company was founded in 1866 and is headquartered in Houston, TX.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Senior Vice President & General Counsel

Senior Vice President & Chief Accounting Officer

Senior Vice President & Chief Human Resources Officer

Head-Texas Electric Utility Business

Head-Competitive Energy Businesses

Senior Vice President & Group President, Centerpoint Energy Pipeline & Field Services

Senior Vice President & Division President, Gas Distribution Operations

Executive Vice President, Customer Transformation & Business Services

Board of Directors

President & Chief Executive Officer at CenterPoint Energy, Inc.

Co-Founder at The Vistria Group LLC

Public Information Geologist at The University of Texas at Austin

Secretary at AirComp LLC

Partner at Serengeti Asset Management LP

President at Response Marketing Group LLC

Chief Executive Officer at BA Urban Solutions LLC

Commissioner at Port of Houston Authority - Texas

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Owners & Shareholders
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Boston Partners constructs well-diversified portfolios that consistently possess these three characteristics: they are simple rules that limit downside risk, preserve capital and maximize the power of compounding. The firm primarily provides advice using a value style approach for US Equity, Global & International Equity, Emerging Markets, Long/Short Equity, and ESG. Their investment process is grounded in bottom-up fundamental analysis. Additionally, a strict sell discipline is employed when an investment reaches market valuation, or if business fundamentals weaken or if the catalyst reverses.

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Blackstone Infrastructure Advisors offers advice to private investment funds generally to invest in control and control oriented infrastructure investments, as well as in public-private partnership infrastructure projects, in each case within the “Core+” and “Core” space (including (i) preferred stock, debt and other securities relating to common equity investments and (ii) preferred stock, debt and other securities that are expected to produce equity-like returns) in conjunction with privately negotiated transactions. Their investment analysis methods include fundamental, technical and cyclical research. The firm’s investment team is responsible for evaluating securities (and other products) for investment.

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Bluescape Energy Partners LLC focus on distress investment in companies in the following sectors: 1) Power 2) Transmission & Distribution 3) energy Marketing 4) Transport 5) Trading 6) Oil & Gas 7) Petrochemicals 8) Refining 9)Oilfield services 10) Mining 11) Manufacturing. The firm invest Oil and Gas sector companies located in the World. It provides financing in the from equity and debt for recapitalizations and growth transaction. It acquires controlling stake in the company and it also provides co-investment rights.. Its investment size range from $ 25 million to $150 million.

Recent Transactions
Details Hidden

Summit Utilities, Inc. purchases Centerpoint Energy, Inc. /Arkansas & Oklahoma Gas Dis from CenterPoint Energy, Inc.

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Energy Transfer LP purchases Enable Midstream Partners LP from OGE Energy Corp., CenterPoint Energy, Inc.

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Energy Capital Partners LLC purchases CenterPoint Energy Services, Inc. from CenterPoint Energy, Inc.

Insider Transactions
Details Hidden
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Transaction Advisors
Legal Advisor

Advised onNRG Texas LLC, TPG Capital, LP, Hellman & Friedman LLC, Kohlberg Kravis Roberts & Co. LP purchase Texas Genco Holdings, Inc. from CenterPoint Energy, Inc.

Accountant

Advised onCenterPoint Energy, Inc. purchases Sithe Energies, Inc. /Non Nuclear Generating Operations from Vivendi SE

Investment Advisor

Advised onCenterPoint Energy, Inc. purchases Vectren Corporation

Legal Advisor

Advised onCenterPoint Energy, Inc. purchases Vectren Corporation

Legal Advisor

Advised onCenterPoint Energy, Inc. purchases Vectren Corporation

Legal Advisor

Advised onCenterPoint Energy, Inc. purchases Vectren Corporation

Advisors & Consultants
Advisor

President at Burns & McDonnell, Inc.

Advisor

Former Secretary, Executive Vice President & General Counsel at CenterPoint Energy, Inc.

Advisor

Chief Financial Officer & Executive Vice President at WEC Energy Group, Inc.

Clients

Spire Inc. operates as a public utility holding company, which provides natural gas service through its utility operations while engaging in non-regulated activities. It operates through the following business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas Company and Alabama Gas Corporation. The Gas Marketing segment includes Laclede Energy Resources, Inc. a subsidiary engaged in the marketing of natural gas and related activities on a non-regulated basis. The company also engages in other businesses, including the transportation of liquid propane, real estate development, the compression of natural gas, financial investments in other enterprises, propane sales transactions, propane storage, and related services, and merchandise sales business. Spire was founded in 2000 and is headquartered in St. Louis, MO.

Ameren Corporation (NYSE: AEE) is a Fortune 500 company with assets of $23 billion. It is the parent company of Ameren Illinois, based in Collinsville, Ill., and Ameren Missouri in St. Louis, Mo. View our businesses. Ameren was created by the merger of CIPSCO Incorporated and Union Electric Company. The name comes from combining the words American and Energy. Employing more than 9,000 personnel, Ameren companies serve 2.4 million electric customers and more than 900,000 natural gas customers across 64,000 square miles in Illinois and Missouri.

Ameren Illinois Co. engages in the provision of energy distribution services. It provides services in residential and businesses sector. The company was founded on October 1, 2010 and is headquartered in Collinsville, IL.

Key Stats and Financials As of 2020
Market Capitalization
$13.5B
Total Enterprise Value
$27.2B
Earnings Per Share
$-1.79
Revenue
$7.42B
EBITDAMargin
32.56%
Enterprise Value / Sales
3.67x
Enterprise Value EBITDAOperating
11.27x
TEVNet Income
-35.24x
Debt TEV
0.53x
Total Debt
$14.4B
EBITDA
$2.42B
Total Equity
$8.35B
Net Profit
$-773M
Three Year Compounded Annual Growth Rate Of Revenue
-7.6%
Non-Profit Donations & Grants
Political Donations
$500
2014
$250
2014
$250
2014
Investments
Details Hidden

Enable Midstream Partners LP owns, operates and develops natural gas and crude oil infrastructure assets. It operates through the following segments: Gathering & Processing, and Transportation & Storage. The Gathering and Processing segment provides natural gas gathering, processing, and fractionation services, as well as crude oil gathering services for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, utilities, and industrial customers. The company was founded on May 1, 2013 and is headquartered in Oklahoma, OK.

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Sabine Cogen LP produces and operates a natural gas fired electricity generating plant. The company was founded in 1997 and is headquartered in The Woodlands, TX.

Suppliers
Quanta Services, Inc. Other Business & Consulting Services | Houston, TX

Quanta Services, Inc. engages in the provision of specialty contracting services, offering infrastructure solutions to the electric power, oil and gas, and communication industries. The firm operates through the Electric Power Infrastructure Services, and Underground Utility and Infrastructure Solutions segment. The Electric Power Infrastructure Services segment provides network solutions to customers in the electric power industry. The Underground Utility and Infrastructure Solutions segment offers comprehensive infrastructure solutions to customers involved in the development, transportation, distribution, storage and processing of natural gas, oil and other products. The company was founded by Kevin D. Miller, Steven P. Colmar, William G. Parkhouse and John R. Colson on August 19, 1997 and is headquartered in Houston, TX.

Cargill, Inc. Agriculture & Mills | St. Paul, Minnesota

Cargill, Inc. engages in the provision of food, agricultural, financial, and industrial products and services. It specializes in food service, agriculture, meat and poultry, transportation, pharmaceutical ingredients, and beauty products. The company was founded by William Wallace Cargill in 1865 and is headquartered in Minneapolis, MN.

ConocoPhillips Power & Utilities | Houston, TX

ConocoPhillips engages in the exploration, production, transportation and marketing of crude oil, bitumen, natural gas, natural gas liquids, and liquefied natural gas on a worldwide basis. It operates through the following geographical segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; Asia Pacific; and Other International. The Alaska segment primarily explores for produces, transports and markets crude oil, natural gas and natural gas liquids. The Lower 48 segment consists of operations in the U.S. and the Gulf of Mexico. The Canada segment is comprised of oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe, Middle East and North Africa segment consists of operations and exploration activities in Norway, the United Kingdom and Libya. The Asia Pacific segment has explorations and product operations in China, Indonesia, Malaysia and Australia. The Other International segment handles exploration activities in Columbia and Argentina. The company was founded in 1875 and is headquartered in Houston, TX.

Awards & Honors
Rank #363
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #363
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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