CenterPoint Energy Inc
CNP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$52.00 | Grmyppz | Sygkqdml |
Favorable Legislative Outcomes in Texas Support Additional Investment
Business Strategy and Outlook
CenterPoint Energy's regulated utilities have significant growth investment opportunities. We expect the company to invest more than $21 billion over the next five years, supporting our expectation that management can achieve its 8% annual earnings growth target through 2024.