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CenterPoint Energy, Inc.

CenterPoint Energy, Inc.

Sector: Electric Services Region: TX, United States


: | New York Stock Exchange: CNP


CenterPoint Energy, Inc., through its wholly owned subsidiaries, operates as a domestic energy delivery company that includes electric transmission and distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Its subsidiaries are CenterPoint Energy Houston Electric and CenterPoint Energy Resources. The company operates the business through six segments: Electric Transmission & Distribution, Natural Gas Distribution, Competitive Natural Gas Sales and Services, Interstate Pipelines, Field Services and Other Operations. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers serving approximately 2.1 million metered customers in a 5,000-square-mile area of the Texas Gulf Coast that includes the city of Houston. The Natural Gas Distribution segment engages in intrastate natural gas sales to and natural gas transportation for, approximately 3.3 million residential, commercial and industrial customers in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. The Competitive Natural Gas Sales and Services segment supplies natural gas, primarily to commercial and industrial customers and electric and gas utilities and transportation services for commercial and industrial customers in 23 states in the central and eastern regions of the United States. The Interstate Pipelines segment operates interstate natural gas pipelines with gas transmission lines primarily located in Arkansas, Illinois, Louisiana, Missouri, Oklahoma and Texas. Its interstate pipeline operations are primarily conducted by two wholly owned subsidiaries that provide gas transportation and storage services primarily to industrial customers and local distribution companies which include CenterPoint Energy Gas Transmission Co. LLC and CenterPoint Energy-Mississippi River Transmission LLC. CenterPoint Energy Gas Transmission is an interstate pipeline that provides natural gas transportation, natural gas storage and pipeline services to customers principally in Arkansas, Louisiana, Oklahoma and Texas. CenterPoint Energy-Mississippi River Transmission is an interstate pipeline that provides natural gas transportation, natural gas storage and pipeline services to customers principally in Arkansas and Missouri. The Field Services segment business operates gas gathering, treating and processing facilities and also provides operating and technical services and remote data monitoring and communication services. Its Field Services operations are conducted by a wholly owned subsidiary, CenterPoint Energy Field Services, LLC that provides natural gas gathering and processing services for certain natural gas fields in the Mid-continent region of the United States that interconnect with CEGT’s and MRT’s pipelines, as well as other interstate and intrastate pipelines. The Other Operations segment includes office buildings and other real estate used in business operations and other corporate operations that support all of its business operations. CenterPoint Energy was founded in 1866 and is headquartered in Houston, TX.

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