CenterPoint Energy sells Ohio unit as CenterPoint Energy stock trades below EUR 33.64

Published on 10/06/2026 at 12:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ohio sale brings USD 1.42 billion cash and a USD 1.20 billion note. CenterPoint Energy stock costs EUR 33.63 on October 6, 2026 versus EUR 33.64.

Schwarzweiß-Reportagefoto von Arbeitern bei der Inspektion einer Gaspipeline im Freien — CenterPoint Energy Inc. Arbeiter inspizieren Erdgaspipeline, dokumentarische Schwarzweiß-Aufnahme im Feld, ISIN US15189T1079, Illustration mit AI erstellt.

CenterPoint Energy (ISIN US15189T1079) was trading at EUR 33.63 at Lang & Schwarz on October 6, 2026 at 12:39 p.m. CEST, versus a prior close of EUR 33.64. On October 1, CenterPoint Energy completed the sale of its Ohio natural gas business for USD 2.62 billion, according to StockTitan.

Ohio sale reshapes capital funding

The transaction transferred Vectren Energy Delivery of Ohio to National Fuel Gas Company. The consideration comprises USD 1.42 billion in cash paid at closing and a USD 1.20 billion promissory note, according to the October 1 filing carried by StockTitan. The note bears 6.50 percent annual interest and matures on September 30, 2027, giving the deal a financing component beyond the headline cash proceeds.

CenterPoint said the proceeds will support its USD 66.7 billion, 10-year capital plan. That allocation links the divestiture to the utility's broader investment program rather than treating the transaction as a stand-alone portfolio exit.

Q2 earnings set the operating baseline

In the second quarter of 2026, CenterPoint reported revenue of USD 2.15 billion and GAAP diluted earnings per share of USD 0.37, based on the company's investor-relations release. The same release reported non-GAAP earnings per share of USD 0.40 and reiterated 2026 non-GAAP earnings-per-share guidance of USD 1.89 to USD 1.91, representing 8 percent growth at the midpoint over 2025 results, as listed by CenterPoint Energy.

The comparison matters because the second-quarter non-GAAP earnings-per-share figure of USD 0.40 exceeded the USD 0.37 consensus cited by MarketBeat. Revenue of USD 2.15 billion also exceeded the USD 2.12 billion consensus, while the full-year guidance range remained unchanged.

Stock stays below its prior close

CenterPoint Energy's market capitalization was USD 24.9 billion as of October 5, 2026. Its primary exchange is the NYSE, and the 52-week range was USD 36.37 to USD 45.26 at the latest finance-data timestamp, placing the company in the regulated electric utility segment.

At Lang & Schwarz, CenterPoint Energy stock was trading at EUR 33.63 on October 6, 2026 at 12:39 p.m. CEST, down 0.03 percent versus the Lang & Schwarz prior close of EUR 33.64 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of CenterPoint Energy stock.