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Barchart
Kritika Sarmah

Is CenterPoint Energy Stock Outperforming the S&P 500?

CNP

CenterPoint Energy, Inc. (CNP), headquartered in Houston, Texas, operates as a public utility holding company in the United States. Founded in 1866 and with a market cap of $23.3 billion, the company operates in Electric and Natural Gas segments. 

Companies valued at more than $10 billion or more are generally considered “large-cap stocks,” and CNP fits this criterion perfectly. As a leading electricity and natural gas supplier, the company benefits from more than 2.8 million customers, 352 substations, and approximately 219 miles of intrastate pipeline in Louisiana and Texas.

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