ENBL - CenterPoint Energy: Attractive Opportunity At A Low Price
Investment Thesis
CenterPoint Energy Inc (CNP) is a public utility holding company engaged in electricity transmission and natural gas distribution business. It also holds a stake at Enable (ENBL). In the last five years the firm has posted strong operating margins and modest profit margins. As a utility company, the performance is excellent. Although CNP’s 3.98% dividend yield is not the highest, it is healthy. Having posted a 5.73% growth in last five years, the growth is evident. Back in October The Federal Energy Regulatory Commission approved the merger of CenterPoint