CenterPoint Energy Reports Q2 Earnings and Advances Texas Projects
CenterPoint Energy reported second-quarter GAAP earnings of $0.37 per diluted share and non-GAAP earnings of $0.40, reaffirming its full-year guidance for non-GAAP EPS between $1.89–$1.91. This represents an 8% growth at the midpoint compared to 2025 results. The company also raised its 10-year capital plan by $1.2 billion to a total of $66.7 billion, with investments in system upgrades and downtown Houston revitalization. CenterPoint advanced over 14 GW of large-load projects in Texas through ERCOT's Batch Zero process, expecting nearly all to be energized by the end of 2030. These projects are expected to generate more than $5 billion in customer savings over a decade and provide demand-charge cash flow of about $6 million per gigawatt monthly as new load comes online. The company emphasized that its revised capital plan does not require additional equity financing, supported by signed agreements and approximately $900 million in customer commitments. Management also highlighted growing distribution-level demand driven by manufacturing expansion and population growth.
Tickers: $CNP