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Centerpoint Energy

Centerpoint Energy is a publicly traded company having a good stock performance result. Centerpoint Energy is a fortune 500 stock listed company trading under CNP.
Centerpoint Energy, a company with proud traditions of quality and commitment traditions they have developed during more than 130 years of delivering energy. And while these are traditions they will continue to honor, all of them at Centerpoint Energy are excited about establishing new traditions of service and operational excellence as they grow.
Its asset portfolio includes electric transmission and distribution, natural gas distribution and sales, and pipeline and gathering operations. The company was among 69 companies recognized by the Environmental Protection Agency in its first list of Best Workplaces for commuters from the fortune 500 companies. Their assets total approximately 17 billion dollars and their revenues are about 8 billion dollars. The company employs more than 9,000 people in 9 states.

President and CEO ofCenterPoint Energy is David McClanahan. At Centerpoint Energy, their board of directors and executive management team are committed to building a company that is always there for its customers, employees and shareholders.
The company is the third largest publicly traded natural gas delivery company in the United States with nearly 3 million natural gas customers in 6 states. They are also the third largest energy company employer in Houston and one of the nation’s largest combined electricity and natural gas delivery companies with approximately 5 million metered electric and natural gas customers. CenterPoint Energy provides electricity transmission and distribution service for the Houston metropolitan area.

The company’s electric operations unit delivers electricity to 1.86 million customers in a 5,000 square-mile area that includes Houston, the nation's fourth largest city. With the advent of electricity deregulation in Texas in 2002, wholesale electric power companies and retail electric providers pay them to deliver electricity over CenterPoint Energy's power lines. The electric transmission and distribution business maintains more than 3,631 miles of transmission lines and 41,913 miles of distribution lines. CenterPoint Energy's transmission and distribution unit delivered 73.6 million Megawatt hours of electricity to 102 communities around the Houston area in 2004.

CenterPoint Energy's natural gas distribution businesses have been serving customers for more than a century. The company has 105,777 miles of main lines and service lines, they deliver approximately 412 billion cubic feet of natural gas each year to about 3 million residential, commercial, and industrial customers in 1,200 communities in 6 states.

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