CenterPoint Energy sells Ohio unit. CenterPoint Energy stock sits 16.79 percent below its high
Published on 10/02/2026 at 16:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
CenterPoint Energy (ISIN US15189T1079) completed the USD 2.62 billion sale of its Ohio natural gas business on October 1, 2026, while CenterPoint Energy stock sat 16.79 percent below its USD 45.26 52-week high on the primary market. PR Newswire reported the closing on October 1, 2026, including the transfer of Vectren Energy Delivery of Ohio to National Fuel Gas Company.
USD 2.62 billion changes the mix
The Ohio assets include 5,900 miles of gas transmission and distribution pipelines serving 335,000 metered customers in West Central Ohio. The transaction consideration combines USD 1.42 billion in cash with a USD 1.20 billion promissory note carrying 6.50 percent annual interest and maturing on September 30, 2027.
CenterPoint said the proceeds will support its USD 66.70 billion, 10-year capital plan. That shifts the investor question from the sale price to how efficiently the utility redeploys capital into its remaining electric and natural gas infrastructure.
Second-quarter revenue beat estimates
CenterPoint's second-quarter 2026 revenue was USD 2.15 billion, compared with USD 2.12 billion expected, while diluted GAAP earnings per share reached USD 0.37. MarketBeat reported that adjusted earnings per share were USD 0.40 against USD 0.37 consensus in the quarter ended June 30, 2026, and that prior-year earnings per share were USD 0.29.
The comparison matters because the reported revenue beat was paired with higher adjusted earnings, while the company retained full-year 2026 adjusted earnings-per-share guidance of USD 1.89 to USD 1.91. CenterPoint Energy said the midpoint represents 8.00 percent growth over its 2025 delivered result.
Stock remains below its yearly high
The primary listing is on the New York Stock Exchange under ticker CNP. Its USD 37.66 market quote on October 2, 2026, at 10:35 a.m. EDT, compares with a USD 36.37 52-week low and a USD 45.26 high; the market capitalization was USD 24.8 billion on that date.
At Lang & Schwarz, CenterPoint Energy stock was trading at EUR 33.41 on October 2, 2026, at 6:32 p.m. CEST, plus 0.94 percent versus the EUR 33.10 prior close. The further course of trading is shown by the continuously updated real-time quote of CenterPoint Energy stock.
CenterPoint Energy stock facts
- Company: CenterPoint Energy, Inc.
- ISIN: US15189T1079
- Ticker: CNP
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 2, 2026, 6:32 p.m. CEST): EUR 33.41
- Change versus prior close: plus 0.94 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 33.10
- Market capitalization: USD 24.8 billion (as of October 2, 2026)
- 52-week range: USD 36.37-45.26 (as of October 2, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: October 27, 2026
