(CNP) CenterPoint Energy - Ratings and Ratios

CenterPoint Energy, a public utility holding company, operates across the United States, primarily through two segments: Electric and Natural Gas. The Electric segment focuses on transmission, distribution, and generation, leveraging their assets in the wholesale power market. The Natural Gas segment manages intrastate sales, transportation, and distribution, serving customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. They also offer maintenance services and home repair protection plans through third-party partnerships. Their infrastructure includes 348 substations with a capacity of 79,719 megavolt-amperes and 217 miles of intrastate pipelines in Louisiana and Texas. Established in 1866 and headquartered in Houston, CenterPoint serves approximately 2.5 million metered customers, strategically positioned in a major energy hub, enhancing their operational efficiency and market reach.

Financially, CenterPoint boasts a market cap of $21.23 billion, with a trailing P/E of 21.71 and a forward P/E of 18.66, indicating investor confidence in future growth. The price-to-book ratio of 2.01 suggests moderate valuation relative to their assets. Their price-to-sales ratio of 2.48 reflects a stable revenue model. These metrics highlight the companys appeal to investors seeking steady returns in the utility sector, supported by a diversified revenue stream from both electric and gas operations, including recurring revenue from home services, offering a balanced risk profile.