CENTERPOINT ENERGY INC (HOLDING CO)
Sector: Diversified Utilities
Latest Quote @ Thu May 5 02:29:23 (15 min delayed)
Last Day's Data
Centerpoint Energy, Inc., through its subsidiaries, operates as an energy delivery company in the United States. It operates through Electric Transmission and Distribution (ETD), Natural Gas Distribution (NGD), and Pipelines and Gathering segments. The ETD segment provides transmission and distribution of electricity from power plants to substations, one substation to another, and to retail electric customers in Houston/Galveston metropolitan area. Its operations include construction and maintenance of electric transmission and distribution facilities, metering services, outage response services, and call center operations. This segment's customers include municipalities, electric cooperatives, other distribution companies, and retail electric providers. As of December 31, 2004, it owned 26,669 pole miles of overhead distribution lines and 3,612 circuit miles of overhead transmission lines; 15,244 circuit miles of underground distribution lines and 18.8 circuit miles of underground transmission lines; and 225 substations. The NGD segment engages in intrastate natural gas sales to, and natural gas transportation for, residential, commercial, and industrial customers in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. As of the above date, it owned and operated approximately 210 miles of intrastate pipeline in Louisiana and Texas. The Pipelines and Gathering segment operates interstate natural gas pipelines that provide natural gas transportation, storage, and pipeline services, as well as gas gathering facilities. It also provides operating and technical services, and remote data monitoring and communication services. As of December 31, 2004, it owned and operated approximately 8,200 miles of gas transmission lines primarily located in Missouri, Illinois, Arkansas, Louisiana, Oklahoma, and Texas. The company is headquartered in Houston, Texas.