After Yesterday's Rally of 1.70% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Apr 15, 5:31PM CDT
Centerpoint Energy (NYSE:CNP) traded in a range yesterday that spanned from a low of $24.07 to a high of $24.47. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $24.34 on volume of 4.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of Centerpoint Energy After 1.70% Gain
Comtex SmarTrend(R) - Tue Apr 15, 5:30PM CDT
Centerpoint Energy (NYSE:CNP) traded in a range yesterday that spanned from a low of $24.07 to a high of $24.47. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $24.34 on volume of 4.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
IPO Roundup: 3 companies go public Friday
AP - Fri Apr 11, 3:35PM CDT
NEW YORK (AP) — A Mediterranean-style restaurant chain, a maker of animal nutritional supplements and the owner of natural gas and oil pipelines rose in their stock market debuts Friday.
Enable Midstream Partners Announces Pricing of Initial Public Offering of Common Units
Business Wire - Thu Apr 10, 6:31PM CDT
Enable Midstream Partners, LP today announced the pricing of its initial public offering of 25,000,000 common units representing limited partner interests at a price to the public of $20.00 per common unit. The underwriters of the offering have a 30-day option to purchase up to an additional 3,750,000 common units from an affiliate of ArcLight Capital Partners, LLC. The common units are scheduled to begin trading Friday, April 11, on the New York Stock Exchange under the symbol "ENBL." The offering is expected to close April 16, 2014, subject to customary closing conditions.
Why CenterPoint Energy (CNP) Stock Might be a Great Pick - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 7:44AM CDT
CenterPoint Energy is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
CenterPoint Energy names two executive committee members
PR Newswire - Mon Apr 07, 3:15PM CDT
CenterPoint Energy (NYSE: CNP) today announced that Dana O'Brien has been named senior vice president and general counsel effective May 12. Susan B. Ortenstone joined CenterPoint Energy on Feb. 17 as senior vice president and chief human resources officer.
SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into CenterPoint Energy, Inc. Regarding Possible Breaches of Fiduciary Duty
Business Wire - Tue Apr 01, 5:49PM CDT
Levi & Korsinsky, LLP is investigating CenterPoint Energy, Inc. (NYSE:CNP) in connection with possible claims of breaches of fiduciary duty by certain members of the board of directors of the Company.
Centerpoint Energy (CNP) Approaches New Upside Target of $23.98
Comtex SmarTrend(R) - Tue Apr 01, 10:16AM CDT
Shares of Centerpoint Energy (NYSE:CNP) have bullishly opened above the pivot of $23.68 today and have reached the first resistance level of $23.83. Should the shares continue to rise, the resistance pivots of $23.98 and $24.28 will be of interest.
Enable Midstream Partners Launches Initial Public Offering
Business Wire - Tue Apr 01, 5:21AM CDT
Enable Midstream Partners, LP announced today that it has commenced an initial public offering of 25,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (SEC). The underwriters of the offering are expected to be granted a 30-day option to purchase up to an additional 3,750,000 common units from affiliates of ArcLight Capital Partners, LLC. The common units are expected to trade on the New York Stock Exchange under the ticker symbol "ENBL."
CenterPoint Energy, Inc. to Host Webcast of First Quarter 2014 Earnings Conference Call on May 1, 2014
GlobeNewswire - Mon Mar 31, 10:00AM CDT
CenterPoint Energy, Inc. (NYSE:CNP) announces the following webcast --
Utilities Stocks Pre-Market Notes -- Research on DTE Energy, SCANA, CenterPoint Energy, and Consolidated Edison
PR Newswire - Fri Mar 28, 10:02AM CDT
On Thursday, March 27, 2014, the NASDAQ Composite finished at 4,151.23, down 0.54%, the Dow Jones Industrial Average edged 0.03% lower to end the session at 16,264.23, and the S&P 500 closed at 1,849.04, down 0.19%. The losses were broad based with seven out of ten sectors ending the session in negative. During the session, Information Technology, Financials, and Consumer Discretionary sectors exerted a drag, while some positive momentum was observed in the Telecommunication Services, Energy, and Utilities sectors. The S&P 500 Utilities Sector Index finished the day at 208.11, up 0.78%, and the same has gained 2.49% in the last one month. Investor-Edge has initiated coverage on the following equities: DTE Energy Co. (NYSE: DTE), SCANA Corp. (NYSE: SCG), CenterPoint Energy Inc. (NYSE: CNP) and Consolidated Edison Inc. (NYSE: ED). Free technical research on DTE, SCG, CNP and ED can be downloaded upon signing up at:
November 22nd Options Now Available For CenterPoint Energy (CNP)
DividendChannel.com - Mon Mar 24, 11:34AM CDT
Investors in CenterPoint Energy, Inc saw new options become available today, for the November 22nd expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 243 days until...
Enable Midstream Partners Names Rodney J. Sailor CFO
Business Wire - Tue Mar 18, 4:15PM CDT
The board of directors of Enable Midstream Partners, LP, today announced that Rodney J. Sailor has been named executive vice president and chief financial officer, effective April 1, 2014.
Enable Midstream Partners, LP Inks Second Long-Term Agreement with XTO Energy to Gather Bakken Crude Oil Production
Business Wire - Mon Mar 17, 8:00AM CDT
Enable Midstream Partners, LP announced today that its crude services subsidiary has entered into a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corporation (NYSE:XOM), to gather XTO's crude oil production through a new system that will be constructed in North Dakota's liquids-rich Bakken shale.
Post Earnings Update: Centerpoint Energy Has Climbed 1.5% Higher in Past 2 Weeks (CNP)
Comtex SmarTrend(R) - Mon Mar 17, 7:19AM CDT
When Centerpoint Energy (NYSE:CNP) reported earnings two weeks ago on February 26th, 2014, analysts, on average, expected the company to report earnings of $0.28 on sales of $1.7 billion. The company actually reported EPS of $0.26 on sales of $2.2 billion, missing EPS estimates by $0.02 and beating revenue estimates by $515.3 million. Shares of Centerpoint Energy have climbed from $23.55 to $23.90, representing a gain of 1.5% since the company reported earnings 19 days ago.
Storm The Castle: CenterPoint Energy (CNP)
at The Street - Thu Mar 13, 9:18AM CDT
Trade-Ideas LLC identified CenterPoint Energy (CNP) as a "storm the castle" (crossing above the 200-day simple moving average on higher than normal relative volume) candidate
Fitch Affirms CenterPoint Energy and Subsidiaries; Outlook Stable
Business Wire - Wed Mar 12, 11:41AM CDT
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of CenterPoint Energy, Inc. (CNP) at 'BBB'. Fitch has also affirmed the long-term IDR of CNP's subsidiaries CenterPoint Energy Houston Electric, LLC (CEHE) and CenterPoint Energy Resources Corp. (CERC) at 'BBB+' and 'BBB' respectively. The Rating Outlook for all three companies is Stable. Approximately $6 billion of outstanding long-term debt is affected. A list of all rated debt is provided at the end of this press release.
Centerpoint Energy Earnings In Retrospect: Down 1.5% in the Last 12 Days (CNP)
Comtex SmarTrend(R) - Mon Mar 10, 7:17AM CDT
A week ago on February 26th, 2014 Centerpoint Energy (NYSE:CNP) reported earnings and analysts, on average, expected earnings of $0.28 on sales of $1.7 billion. Centerpoint Energy actually reported earnings of $0.26 per share on sales of $2.2 billion, missing EPS estimates by $0.02 and beating revenue estimates by $515.3 million. Since the company's report, shares of Centerpoint Energy have fallen from $23.55 to $23.19, representing a loss of 1.5% in the past 12 days.