12th Day of Christmas. 12 Drummers drumming

JC888
2023-01-05

12 Drummers Drumming...

On the twelveth day of Christmas, my true love sent to me - Twelve Drummers Drumming; so goes the song - 12 Days of Christmas.

Original doc- https://seekingalpha.com/article/4552813-centerpoint-energy-some-potential-after-q3-earnings-but-valuation-a-bit-high

To celebrate Christmas {for the last time} before it returns in another eleven months time, it is going to be a different sector's stock again.

So far, I have shared stocks in the following sectors - Retail, Healthcare, Industrial, Drug manufacturer, Solar & REITs.

For the finale, lets take a look at Utilities stock; something that is relevant to both individuals and corporates.

[Sidetrack: interested in my other stocks shared ?  Click the "blue" subject to access] Njoy !

Oh, show some love, give each of them them a like ok ? LOL

Current price > 04 Jan stock price by  +7.69%.  Impressive given US stock mkt in 2022.

$CenterPoint(CNP)$ is public utility holding company.  

It took form on August 31, 2002 as a result of former Reliant Energy corporate restructuring that incorporated Texas electric restructuring law's requirements.

As a newly formed corporate, its two main operations are in the Electric and Natural Gas segments.

The Electric segment includes

  • Electric transmission & distribution services to customers
  • Electric generation assets
  • Assets in the wholesale power market.

The Natural Gas segment provides

  • Natural gas distribution services
  • Home appliance maintenance & repair services to customers in Minnesota
  • Home repair protection plans to Natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party.
  • Engagement in the sale of regulated intra-state natural gas
  • Transportation & Storage of natural gas for (a) residential (b) commercial (c) industrial and (d) transportation customers.

Facts & Figures :

CenterPoint Energy Inc - more details.

  • It is a Mid Cap company.
  • Very stable as volatility index (Beta) is a mere 0.87.
  • Its dividend is not the highest of the stocks that I have shared so far.
  • Trading volume is towards the quiet end of the spectrum.
  • Healthy Revenue & Net Income, considering how volatile the US economy and market has been for 2022 and will be for 2023.

YTD Quarterly Earnings : To wrap up

CNP - 2022 quarterly earnings per share

  • What do you think of CNP's stock price and dividends ?
  • Do you think that you would like to add a Utility stock to your holding

Please "Like" this post ok. Thanks. The rating is important to me !

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Which Stock Is In Your Christmas Wishlist?
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