With a market cap of $25.9 billion, CenterPoint Energy, Inc. (CNP) operates electric transmission, distribution, and generation assets, as well as natural gas sales, transportation, and distribution services across multiple states. It serves over 2.8 million metered customers and owns extensive electric and natural gas infrastructure.
Shares of the Houston, Texas-based company have outperformed the broader market over the past 52 weeks. CNP stock has returned 23.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.4%. Moreover, shares of the company are up 4.8% on a YTD basis, compared to SPX's 1.1% rise.
