CNP News and Press, CenterPoint Energy Inc From 08/17/23

2023-08-17 07:00:00 ET Summary Water utilities are moderately overvalued. Gas, electricity and multi-utilities are close to their historical baseline in valuation. Fast facts on Invesco S&P 500® Equal Weight Utilities ETF, an equal-weight alternative to XLU. 10 ut...

WESTCHESTER, Ill., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.78 per share on the Company’s common stock, an increase of 9.9% over the previous quarter’s dividend per share. The dividend ...

Second quarter 2023 reported and adjusted operating income * grew 18% and 17%, respectively, compared to PY Second quarter 2023 reported and adjusted EPS * were $2.42 and $2.32, an increase of 14% and 9%, respectively The Company raises its full year adjusted EPS outlook to be i...

2023-08-05 20:45:52 ET Texas electricity prices for the grid surged more than 800% to top $2,500/MWh for Sunday evening, up from Saturday's high of about ~$275, Bloomberg reported, citing data from grid operator ERCOT. ERCOT said the surplus of available power capacity on the grid relat...

2023-08-02 08:02:06 ET CenterPoint Energy ( NYSE: CNP ) announced pricing of its offering of $900 million of 4.25% Convertible Senior Notes due 2026 in a private placement. Additionally, CenterPoint granted the initial purchasers the option to purchase up to an additi...

CenterPoint Energy, Inc. (NYSE: CNP) today announced the pricing of its offering of $900 million of 4.25% Convertible Senior Notes due 2026 (the “convertible notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A unde...

2023-08-01 08:14:39 ET CenterPoint Energy ( NYSE: CNP ) commences a $900M of convertible senior notes due 2026 in a private placement. Initial purchasers will be granted an additional $100M aggregate principal amount of convertible notes. The company intends to use the...

CenterPoint Energy, Inc. (NYSE: CNP) today announced the commencement of its offering of $900 million of Convertible Senior Notes due 2026 (the “convertible notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under...

2023-07-31 21:00:08 ET Demand for power in Texas hit a record high for the sixth time this summer on Monday, as top grid operator ERCOT said usage hit a preliminary 82,892 MW, surpassing the current all-time high of 82,592 MW on July 18. The demand record likely will be broken again...

2023-07-31 13:13:08 ET Summary Edison International reported Q2 results that generally showed its financial stability over time. The population of the company's service territory is declining, which is exerting adverse impacts on its revenues. The company is positioned to deli...