CenterPoint Energy Inc
NYSE:CNP

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CenterPoint Energy Inc
NYSE:CNP
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Price: 32.38 USD -0.31% Market Closed
Market Cap: 21.1B USD
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CenterPoint Energy Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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CenterPoint Energy Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
CenterPoint Energy Inc
NYSE:CNP
Tax Provision
-$88m
CAGR 3-Years
15%
CAGR 5-Years
10%
CAGR 10-Years
12%
Public Service Enterprise Group Inc
NYSE:PEG
Tax Provision
-$280m
CAGR 3-Years
N/A
CAGR 5-Years
-12%
CAGR 10-Years
9%
Sempra Energy
NYSE:SRE
Tax Provision
$72m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Consolidated Edison Inc
NYSE:ED
Tax Provision
-$378m
CAGR 3-Years
-56%
CAGR 5-Years
-4%
CAGR 10-Years
5%
WEC Energy Group Inc
NYSE:WEC
Tax Provision
-$182.5m
CAGR 3-Years
6%
CAGR 5-Years
-12%
CAGR 10-Years
7%
Dominion Energy Inc
NYSE:D
Tax Provision
-$555m
CAGR 3-Years
-11%
CAGR 5-Years
-21%
CAGR 10-Years
2%
No Stocks Found

CenterPoint Energy Inc
Glance View

Market Cap
21.1B USD
Industry
Utilities

CenterPoint Energy Inc. is a prominent player in the energy sector, primarily serving as a utility company that delivers electricity and natural gas to millions of residential and commercial customers across the United States. With its roots tracing back over a century, CenterPoint has grown into a diversified energy company, focusing on reliability and sustainability. Headquartered in Houston, Texas, the company operates through various segments, including electric transmission and distribution, natural gas distribution, and energy services. The emphasis on innovative infrastructure and investment in renewable energy solutions aligns with broader industry trends towards clean energy, making it a compelling choice for environmentally conscious investors who are looking for stability combined with growth potential. As an investor, the strength of CenterPoint Energy lies in its defensive business model, as utility companies often provide consistent revenue streams due to their essential services. Moreover, the company’s commitment to modernization and investment in smart grid technologies enhances operational efficiency and customer satisfaction, which can translate into growing returns over time. CenterPoint Energy’s strategic initiatives and its focus on customer-centric innovation position it well within a changing energy landscape. Investors looking for a stock with a solid dividend history, a focus on sustainability, and growth opportunities in the energy transition should consider CenterPoint Energy as a viable addition to their portfolios, reflecting the broader shift in the utility sector towards more sustainable practices while maintaining revenue stability.

CNP Intrinsic Value
41.8 USD
Undervaluation 23%
Intrinsic Value
Price

See Also

What is CenterPoint Energy Inc's Tax Provision?
Tax Provision
-88m USD

Based on the financial report for Sep 30, 2024, CenterPoint Energy Inc's Tax Provision amounts to -88m USD.

What is CenterPoint Energy Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
12%

Over the last year, the Tax Provision growth was 68%. The average annual Tax Provision growth rates for CenterPoint Energy Inc have been 15% over the past three years , 10% over the past five years , and 12% over the past ten years .

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