filecrux
Oct 27, 10:24 AM
$CNP Can CenterPoint keep up ~9% EPS growth while selling about
$5.6B of common stock through 2035?
🚀 CenterPoint Energy, the Houston electric and gas utility worth about
$26.95B at
$41.2 a share at 16:00 ET on October 26, 2026, raised its 2026 non-GAAP EPS guide to
$1.90-
$1.92 and set 2027 at
$2.07-
$2.09
⚠️ Planned common equity rose by
$1.6B to about
$5.6B through 2035, to help pay for a 10-year capital plan that grew by
$4.0B to
$70.7B
📈 On the other side, the 2027 guide of
$2.07-
$2.09 is about 9% growth at the midpoint over the raised 2026 range, and the Ohio gas sale closed October 1 with an initial
$1.4B of proceeds
📅 Next: Forward sales of 24,864,865 shares for
$866M, about 3.8% of the share count, must settle on or prior to February 25, 2027
Source: CNP Q3 release + slides (8-K) and 10-Q, Oct 27
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