Scott Prochazka - CenterPoint Energy President, Chief Executive Officer, Director

CNP Stock  USD 28.49  0.20  0.71%   

CEO

Mr. Scott M. Prochazka is a President, Chief Executive Officer, Director of the company. He served as Executive Vice President and Chief Operating Officer of the Company from August 1, 2012 to December 31, 2013. He previously served as Senior Vice President and Division President, Electric Operations of the Company from May 2011 through July 2012 in addition to a variety of key leadership positions at the Company in electric, natural gas and customer service operations. He currently serves on the Boards of Directors of Enable GP, LLC, the general partner of Enable Midstream Partners, LP, Gridwise Alliance as its Chairman, Edison Electric Institute, Electric Power Research Institute, American Gas Association, Greater Houston Partnership, United Way of Houston, Junior Achievement of South Texas and the Kinder Institute Advisory Board. The Board determined that Mr. Prochazka should be nominated for election as a director due to his extensive knowledge of the industry and the Company, its operations and people, gained in his years of service with the Company in positions of increasing responsibility. since 2014.
Age 51
Tenure 10 years
Address 1111 Louisiana Street, Houston, TX, United States, 77002
Phone713 207 1111
Webhttps://www.centerpointenergy.com

CenterPoint Energy Management Efficiency

The company has Return on Asset of 0.0277 % which means that on every $100 spent on assets, it made $0.0277 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0931 %, implying that it generated $0.0931 on every 100 dollars invested. CenterPoint Energy's management efficiency ratios could be used to measure how well CenterPoint Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CenterPoint Energy's Return On Capital Employed is relatively stable compared to the past year. As of 03/29/2024, Return On Equity is likely to grow to 0.1, while Return On Assets are likely to drop 0.01. As of 03/29/2024, Total Current Liabilities is likely to drop to about 3.3 B. In addition to that, Liabilities And Stockholders Equity is likely to drop to about 25.7 B
The company has 18.62 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. CenterPoint Energy has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist CenterPoint Energy until it has trouble settling it off, either with new capital or with free cash flow. So, CenterPoint Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CenterPoint Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CenterPoint to invest in growth at high rates of return. When we think about CenterPoint Energy's use of debt, we should always consider it together with cash and equity.

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CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company was founded in 1866 and is headquartered in Houston, Texas. Centerpoint Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 9418 people. CenterPoint Energy (CNP) is traded on New York Stock Exchange in USA. It is located in 1111 Louisiana Street, Houston, TX, United States, 77002 and employs 8,827 people. CenterPoint Energy is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

CenterPoint Energy Leadership Team

Elected by the shareholders, the CenterPoint Energy's board of directors comprises two types of representatives: CenterPoint Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CenterPoint. The board's role is to monitor CenterPoint Energy's management team and ensure that shareholders' interests are well served. CenterPoint Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CenterPoint Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phillip Smith, Independent Director
BSc CPA, CEO Pres
Bertha Villatoro, Senior Resources
Leslie Biddle, Independent Director
Janiece Longoria, Independent Director
Scott McLean, Independent Director
Peter Wareing, Independent Director
John Houston, Division Delivery
Darin Carroll, Senior Business
Jason Wells, Chief Financial Officer, Executive Vice President
Milton Carroll, Executive Chairman of the Board
Monica Karuturi, Executive Vice President, General Counsel
Raquelle Lewis, Independent Director
Kenneth Coleman, Senior Vice President, Chief Information Officer
Tony Gardner, Senior Officer
Scott Doyle, Executive Vice President - Natural Gas Distribution
Stacey Peterson, Senior Vice President Treasurer, Financial Planning
Sue Ortenstone, Chief Human Resource Officer, Senior Vice President
Barry Smitherman, Independent Director
Earl Cummings, Independent Director
Martin Nesbitt, Independent Chairman of the Board
Dana OBrien, Senior Vice President General Counsel, Corporate Secretary
Michael Johnson, Independent Director
Scott Prochazka, President, Chief Executive Officer, Director
Kara Ryan, VP Officer
Jason Ryan, Executive Vice President - Regulatory Services and Government Affairs
David Lesar, President, Chief Executive Officer, Director
Joseph Vortherms, Senior Vice President, Competitive Energy Businesses
Lynne HarkelRumford, Chief Human Resource Officer, Executive Vice President
Christopher Foster, Executive CFO
Russell Wright, Financial President
Carol Helliker, Senior Officer
Jacqueline Richert, Vice Treasurer
Tracy Bridge, Executive Vice President and President - Electric Division
Kenneth Mercado, Executive Vice President and President - Electric Division
Steve Greenley, Senior Support
Vincent Mercaldi, Associate Secretary
Susan Rheney, Independent Director
William Rogers, Chief Financial Officer, Executive Vice President
Philip Holder, Senior Vice President Strategic Planing and Investor Relations
Theodore Pound, Independent Director
Wendy Cloonan, Independent Director
John Somerhalder, Interim President, Chief Executive Officer
Joseph McGoldrick, Executive VP and President of Gas Division
Gregory Knight, Executive Vice President - Customer Transformation and Business Services
Carla Kneipp, VP of Investor Relations and Treasurer
Thomas Webb, Senior Advisor
Jackie Richert, Vice President - Investor Relations and Treasurer
Kristie Colvin, Senior Vice President Chief Accounting Officer
Xia Liu, Chief Financial Officer, Executive Vice President

CenterPoint Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CenterPoint Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

CenterPoint Energy Investors Sentiment

The influence of CenterPoint Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CenterPoint. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CenterPoint Energy's public news can be used to forecast risks associated with an investment in CenterPoint. The trend in average sentiment can be used to explain how an investor holding CenterPoint can time the market purely based on public headlines and social activities around CenterPoint Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CenterPoint Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CenterPoint Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CenterPoint Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CenterPoint Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CenterPoint Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CenterPoint Energy's short interest history, or implied volatility extrapolated from CenterPoint Energy options trading.

Pair Trading with CenterPoint Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CenterPoint Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CenterPoint Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with CenterPoint Stock

  0.66D Dominion Energy Financial Report 3rd of May 2024 PairCorr
  0.84ED Consolidated Edison Financial Report 2nd of May 2024 PairCorr
  0.75ES Eversource Energy Financial Report 1st of May 2024 PairCorr

Moving against CenterPoint Stock

  0.53PCG-PH Pacific Gas AndPairCorr
  0.5CMS-PC CMS EnergyPairCorr
  0.43PCG-PD Pacific Gas AndPairCorr
  0.41PCG-PG Pacific Gas AndPairCorr
The ability to find closely correlated positions to CenterPoint Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CenterPoint Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CenterPoint Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CenterPoint Energy to buy it.
The correlation of CenterPoint Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CenterPoint Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CenterPoint Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CenterPoint Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CenterPoint Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CenterPoint Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Centerpoint Energy Stock. Highlighted below are key reports to facilitate an investment decision about Centerpoint Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CenterPoint Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in CenterPoint Stock, please use our How to Invest in CenterPoint Energy guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running CenterPoint Energy's price analysis, check to measure CenterPoint Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CenterPoint Energy is operating at the current time. Most of CenterPoint Energy's value examination focuses on studying past and present price action to predict the probability of CenterPoint Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CenterPoint Energy's price. Additionally, you may evaluate how the addition of CenterPoint Energy to your portfolios can decrease your overall portfolio volatility.
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Is CenterPoint Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CenterPoint Energy. If investors know CenterPoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CenterPoint Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.586
Dividend Share
0.77
Earnings Share
1.37
Revenue Per Share
13.782
Quarterly Revenue Growth
(0.20)
The market value of CenterPoint Energy is measured differently than its book value, which is the value of CenterPoint that is recorded on the company's balance sheet. Investors also form their own opinion of CenterPoint Energy's value that differs from its market value or its book value, called intrinsic value, which is CenterPoint Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CenterPoint Energy's market value can be influenced by many factors that don't directly affect CenterPoint Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CenterPoint Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CenterPoint Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CenterPoint Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.