Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Texas regulators approve CenterPoint's $2.9B plan to harden Houston power grid [Yahoo! Finance]

CenterPoint Energy, Inc (Holding Co) (CNP) 
Last centerpoint energy, inc (holding co) earnings: 2/27 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.centerpointenergy.com
Company Research Source: Yahoo! Finance
State regulators have approved CenterPoint Energy's request to bill ratepayers approximately $2.9 billion to strengthen its Houston-area power grid against hurricanes and extreme weather. The request, known as a "resiliency plan," includes installing more storm-resilient poles, burying additional power lines and increasing tree-trimming from 2026 to 2028. Once completed, CenterPoint expects the improvements to prevent more than 820 million minutes of power outages, company spokesperson Keith Stephens said. High-risk vegetation remains the leading cause of power outages in Houston, Stephens said. Now, with its resiliency plan approved, CenterPoint will be able to step up its ability to trim all trees along its power lines from every five years to every three years. "This enhanced approach will allow us to clear high-risk vegetation from thousands more miles of power lines every year," Stephens said. RELATED: CenterPoint wins $1.2B rate hike for Hurricane Beryl, other storms Show less Read more
Impact Snapshot
Event Time:
CNP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CNP alerts
Opt-in for
CNP alerts

from News Quantified
Opt-in for
CNP alerts

from News Quantified