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Centerpoint Energy Inc. (CNP)

On Nov 24: 13.03 USD   0.00 (0.00%)  
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Centerpoint Energy Inc.
1111 Louisiana
Houston, TX 77002
Phone: 713-207-1111
Fax: 713-207-3169
Web Site: http://www.centerpointenergy.com

DETAILS
Index Membership: Dow Jones Composite
Dow Utilites
S&P 500
S&P 1500 Super Comp
Sector: Utilities
Industry: Diversified Utilities
Employees (last reported count): 8,801

BUSINESS SUMMARY
CenterPoint Energy, Inc., through its subsidiaries, operates as a public utility company in the United States. The company’s Electric Transmission and Distribution segment provides transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2008, it owned 27,603 pole miles of overhead distribution lines and 3,727 circuit miles of overhead transmission lines; 19,690 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 229 substation sites with a capacity of 51,400 megavolt amperes. Its Natural Gas Distribution segment engages in regulated intrastate natural gas sales to, and natural gas transportation for approximately 3.2 million residential, commercial, and industrial customers. This segment also provides various unregulated services consisting of sale and repair of heating, ventilating, and air conditioning equipment and appliances in Minnesota. It owned approximately 70,000 linear miles of natural gas distribution mains. The company’s Competitive Natural Gas Sales and Services segment offers physical natural gas supplies to commercial and industrial customers, and electric and gas utilities; physical delivery services and financial products; natural gas management services; and transportation services. Its Interstate Pipelines segment primarily provides transportation services to shippers and end-users. It owned and operated approximately 8,000 miles of natural gas transmission lines; and 6 natural gas storage fields. The company’s Field Services segment operates gas gathering, treating, and processing facilities, as well as provides operating and technical services and remote data monitoring and communication services. CenterPoint Energy, Inc. was founded in 1882 and is based in Houston, Texas.
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    OFFICERS
      Pay Exercised
    Mr. David M. McClanahan , 59
    Chief Exec. Officer, Pres, Director and Chairman of Texas Genco Holdings Inc
    $ 2.63M $ 0
    Mr. Gary L. Whitlock , 59
    Chief Financial Officer and Exec. VP
    $ 1.10M $ 0
    Mr. Thomas R. Standish , 59
    Group Pres of Regulated Operations
    $ 952.00K $ 0
    Mr. C. Greg Harper , 44
    Sr. VP and Group Pres of Energy Pipelines & Field Services
    $ 221.00K $ 0
    Mr. Scott E. Rozzell , 59
    Exec. VP, Corp. Sec. and Gen. Counsel
    $ 1.03M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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