Centerpoint Energy Inc

Company facts

Industry

Electric Services

Headquarters

Houston, Texas

Most recent report

8-K, filed Oct 27, 2026

Incorporated

Texas

Filings on record

1,000+ filings

On EDGAR

CIK 1130310

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 2 of 10 sections worth reading, with 2 positive, 12 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Financial statements + notes with material debt, securitization, litigation, and segment shifts.
  Notable

  • Sold Ohio natural gas LDC business on Oct 1, 2026 for $2.62B, including $1.2B promissory note at 6.5%.
  • Issued $1.2B in securitization bonds (Restoration Bond Co III) in Feb 2026 to recover Hurricane Beryl and storm costs.
  • Issued $650M of 2.875% convertible notes due 2029, convertible into up to 15.2M shares at ~$53.61/share.
  • Issued $700M of 6.4% junior subordinated notes due 2058, with optional interest deferral up to 20 periods.
  • New $1B ATM equity program (May 2026) replaced prior program; no shares sold yet under new program.
  • Entered into forward sale agreements for 24.9M shares at ~$36.26/share, could raise ~$866M by Feb 2027.
  Negative

  • Multiple lawsuits from Hurricane Beryl and 2021 winter storm; no estimated loss range disclosed.

• Management's Discussion (Item 2)

  Large-load customer updates, $70.7B capex plan, $1B ATM, and detailed regulatory proceedings.
  Positive

  • 10-year capital plan increased by $4B to $70.7B through 2035, signaling strong investment outlook.
  • Net income up $103M to $891M for nine months ended September 30, 2026, Electric segment up $167M.
  Notable

  • Large-load customers provided ~$290M in contributions and ~$600M in financial security in Q3 2026.
  • Entered $1B at-the-market equity program (2026 Equity Distribution Agreement), replacing prior program.
  • Pending TEEEF removal could reduce revenue requirement by $112M if PUCT approves.
  • New Indiana law (HEA 1002) requires multi-year rate plan filing by January 2028, with performance metrics.
  • Indiana CSIA 3.0 filing amended to remove ~$1.08B in TDSIC improvements, keeping $839M compliance projects.
  • Replaced credit facilities with $4.6B in aggregate commitments; no loans drawn as of Oct 21, 2026.
  Negative

  • CERC may need up to $230M in collateral if credit ratings drop below investment grade thresholds.
  • If all ZENS exchanged for cash, deferred taxes of ~$983M would be payable, partly offset by carryforwards.

What changed: Sep 2026 vs. Jun 2026

About 6% of CNP's Sep 2026 10-Q is new information. 37 paragraphs were added, 199 changed, and 56 removed. Below are the most important lines SECSift identified.

• Item 1 92
• Item 2 45
• Item 3 4
• Item 4 2
• Item 5 1