CNP - CenterPoint Energy: Investor Day Confirms Strategy
- CenterPoint Energy's Investor Day provided confirmation that their strategy to become a premium pure play utility is being implemented.
- The sale of two gas utilities, in Oklahoma and Arkansas, will free up significant capital for reinvestment.
- Utility EPS annual growth rate guidance has been increased, and is reflected in the newly introduced 2021 EPS guidance.
- While there was no definitive news on Enable Midstream, the divestment goal is clear.
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CenterPoint Energy: Investor Day Confirms Strategy