With a market cap of $28.9 billion, CenterPoint Energy, Inc. (CNP) is a public utility holding company, operating across Electric, Natural Gas, and Corporate segments. It provides electric transmission and distribution services in Indiana, along with natural gas sales, transportation, and distribution to residential, commercial, and industrial customers across several U.S. states.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and CenterPoint Energy fits this criterion perfectly. The company serves millions of customers and maintains extensive infrastructure, including substations and intrastate pipelines.
