With a market cap of $19.8 billion, CenterPoint Energy, Inc. (CNP) focuses on electric transmission, distribution, and natural gas services. Based in Houston, Texas, the company serves millions of customers across several U.S. states, managing extensive infrastructure for reliable energy delivery.
Shares of the energy delivery company have underperformed the broader market over the past 52 weeks. CNP stock has risen 13.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 36.8%. In 2024, shares of CNP are up 6.4%, compared to SPX's 25.7% gain on a YTD basis.
