BNET Industries

CenterPoint Energy Inc.

(CNP) is in the Energy Industry

Market Cap:$4.9B
Last Fiscal Year Sales:$11.3B
  • Public
  • US
Dow Jones Description

We own and operate natural gas distribution systems in six states. Subsidiaries of ours own interstate natural gas pipelines and gas gathering systems and provide various ancillary services. A wholly owned subsidiary of ours offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and electric and gas utilities. References to "we," "us," and "our" mean CenterPoint Energy Resources Corp. (CERC Corp., together with our subsidiaries, CERC). We are an indirect wholly owned subsidiary of CenterPoint Energy, Inc. (CenterPoint Energy), a public utility holding company. Our reportable business segments are Natural Gas Distribution, Competitive Natural Gas Sales and Services, Interstate Pipelines, Field Services and Other Operations.

President and Chief Executive Officer
David M. McClanahan
Number of Employees 8,801
Contact Information

1111 Louisiana St

Houston, Texas 77002

centerpointener...

(713) 207-1111

NAICS Code Electric Power Distribution: 221122

Recent Events

  • Boost of Energy

    10/28/09 - New Investment - View Story

  • CenterPoint Energy Q3 Profit Down, Misses Consensus; Backs FY09 EPS View - Update

    10/28/09 - Financial Announcement - View Story

  • CenterPoint Energy Declares $0.19 Quarterly Dividend

    10/24/09 - Stock Split / Dividend - View Story

  • CenterPoint Energy's Home Service Plus Division Launches New Web Site And Online Scheduling Tool -...

    10/19/09 - Product Announcement - View Story

  • Home Service PlusR Launches New Web Site and Online Scheduling Tool New site makes it...

    10/19/09 - Product Announcement - View Story

  • CenterPoint Energy Field Services Signs Long-Term Agreements With EnCana & Shell to Expand Gathering and...

    9/13/09 - Joint Venture / Alliance - View Story

  • SoCal Edison Wants A123s to Build Biggest Grid Battery Ever

    8/25/09 - Licensing / Contract - View Story

News & Analysis

centerpoint energy inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
David M. McClanahan President and Chief Executive Officer
Joseph B. McGoldrick President, Centerpoint Energy Gas Operations
Thomas R. Standish Group President, Regulated Operations
Wayne Stinnett President, Centerpoint Energy Services
Gary L. Whitlock Chief Financial Officer
James S. Brian Chief Accounting Officer
James S. Briyan Chief Accounting Officer & Senior Vice President
Todd E Tyler Chief
Walter L Fitzgerald Senior Vice President and Chief Accounting Officer
Scott E. Rozzell General Counsel, Secretary & Executive Vice President
C. Gregory Harper Senior Vice President
Johnny Blau Senior Vice President, Business Support Services
Kenny Mercado Senior Vice President of Electric Operations
C. Dean Woods Vice President, Hr
David Baker Division Vice President of Regional Operations
Marc Kilbride Vice President and Treasurer
Timothy O. Connor Vice President and Treasurer of
William Starr Vice President, Corp Tax
Willie Underwood Vice President, Marketing
Linda Lipps Director of Ethics and Compliance
Bill Banta Manager, Southern Region
Bryan Bruley Regional Operations Manager
David Hegwood Area Manager
Dudley Van Ness Manager, Region at Large
Greg Schirmers Credit Manager
Gwen Wagner Manager, Eastern Region
John Cook Department Manager
Karen Gregory Manager, Northern Region
Kenneth Courville Manager, Western Region
Stephanie Wiggins Manager, Real Estate Relations
Steve Landrum Marketing Manager
Virginia Brown Program Manager
Alice B. Otchere General Counsel
Barry Hager Sales Consultant
Cherie Monson Sales Consultant
Cornelius Fisher Operations Supervisor
Giovanni Edwards Research Analyst
Jason Pung Technical Sales Engineer
Justin Stiff Senior Marketing Representative
Kelly Chase Residential Rebate Administrator
Kris Tande Supervisor of Damage Prevention
Mark Spanton Senior Sales Consultant
Mary Lou Watson Sales Consultant
Melissa Lisher Sales Consultant
Mike Gilbertson Technical Sales Engineer
Shelly Houde Sales Consultant
Susan Sargent Sales Consultant
Thomas P Klesel Operations Supervisor
Tom Dolan Sales Consultant
Tom Marthaler Commercial Trade Ally Representative
Ulondia McDuell Project Technician
Thomas F. Madison Director
John T. Cater Governance Committee Member

Board of Directors

Name (plus bio) Position
Michael E. Shannon Audit Committee Chairman
Milton Carroll Chair of Board
Derrill Cody Board Director
Donald R. Campbell Board Director
Janiece M. Longoria Board Director
Michael P. Johnson Board Member
O. Holcombe Crosswell Board Director
Peter S Wareing Board of Directors
Robert T. O'Connell Board of Directors
Robert T. O. Connell Board of Directors
Sherman M Wolff Board of Directors
Susan O Rheney Board of Directors

Organization Position Status
CenterPoint Energy Houston Electric, LLC President & CEO Current
CenterPoint Energy, Inc. President and Chief Executive Officer Current
CenterPoint Energy, Inc. President and Chief Current
Central Houston Board Member Current
Edison Electric Institute Board Member Current
Greater Houston Partnership Board Member Current
CenterPoint Energy, Inc. Board of Directors Current
RRI Energy Inc. vice chairman Current
American Institute of Certified Public Accountants Member Current
Hlp President Former
Hlp Coo Former
Hlp Group Vice President of Finance and Regulatory Relations Former
CenterPoint Energy, Inc. Director (Principal Executive Officer and Director) Former
CenterPoint Energy Houston Electric, LLC Chairman & Manager Former
CenterPoint Energy, Inc. Assistant Secretary Former
University of St. Thomas Board of Directors Former
Sanders Morris Harris Group, Inc. Director Former
CenterPoint Energy Houston Electric, LLC Board of Directors Former
The University of Houston MBA Former
The University of Texas Bachelors Degree Former

Organization Position Status
CenterPoint Energy, Inc. President, Centerpoint Energy Gas Operations Current
CenterPoint Energy, Inc. Vice President of Strategic Planning Former

Organization Position Status
CenterPoint Energy, Inc. Group President, Regulated Operations Current
CenterPoint Energy Houston Electric, LLC Chief Operating Officer Current
CenterPoint Energy, Inc. Senior Vice President & Group President, Regulated Operations Current
University of St. Thomas Board Director Current
Electric Reliability Council of Texas, Inc Board of Directors Current
CenterPoint Energy Houston Electric, LLC President Former
Juvenile Diabetes Research Foundation Board Director Former
University of St. Thomas Master's Degree In Business Administration Former
The University of Texas at Austin Bachelor's Degree In Electrical Engineering Former

Organization Position Status
CenterPoint Energy, Inc. President, Centerpoint Energy Services Current
Arthur Andersen LLP audit manager Former
Rice University Assistant Professor of Accounting Former
Andersen Corporation Former
Rice University master's degree in economics Former

Organization Position Status
CenterPoint Energy, Inc. Chief Financial Officer Current
CenterPoint Energy Houston Electric, LLC CFO & Executive Vice President Current
CenterPoint Energy, Inc. Executive Vice President Current
American Institute of Certified Public Accountants Member Current
Dow Agrosciences LLC Cfo Former
Dow Agrosciences LLC Vice President Offinance Former
Information Systems Inc Finance Director Former
Dow Agrosciences LLC Executive Positions Former
CenterPoint Energy, Inc. Principal Executive Officer Former
Analysis, Inc. Director Former
Financial Reporting, Inc Director Former
Sam Houston State University Bba Former

Organization Position Status
CenterPoint Energy, Inc. Chief Accounting Officer Current
CenterPoint Energy, Inc. Senior Vice President Current
CenterPoint Energy Houston Electric, LLC Senior Vice President & Chief Accounting Officer Former
CenterPoint Energy, Inc. Executive Positions Former

Organization Position Status
CenterPoint Energy, Inc. Chief Accounting Officer & Senior Vice President Current

Array

Organization Position Status
Lanyon, Inc. President, Chief Executive Officer & Director Current
United States Tax Court Attorney Former
CenterPoint Energy, Inc. member Former
Southern Methodist University Dedman School of Law J.D. Former
Lanyon, Inc. Board of Directors Current
Macalester College B.A. In Economics Former

Organization Position Status
CenterPoint Energy, Inc. Senior Vice President and Chief Accounting Officer Current
CenterPoint Energy, Inc. Principal Accounting Officer Former

Organization Position Status
CenterPoint Energy, Inc. General Counsel, Secretary & Executive Vice President Current
American Bar Foundation Fellow Current
Association of Electric Companies of Texas, Inc. Board Chairman Current
Smu Office of Alumni Board of Directors Current
American Bar Foundation Fellow Current
Baker Botts Llp Senior Partner Former
CenterPoint Energy, Inc. General Counsel Former
Baker Botts Llp Chair of the Energy Department Former
State Bar of Texas Director Former
University of Texas School of Law Jd Former
The University of Texas doctor of jurisprudence degree Former
Southern Methodist University Bachelors Degree Former

Organization Position Status
CenterPoint Energy, Inc. Senior Vice President Current

Organization Position Status
CenterPoint Energy, Inc. Senior Vice President, Business Support Services Current
Texas Chiropractic College Chairman, Board of Regents Current
United Way of America member Former
CenterPoint Energy, Inc. Instrument Engineer Former
Texas Tech University Bsme Former

Organization Position Status
CenterPoint Energy, Inc. Senior Vice President of Electric Operations Current

Organization Position Status
CenterPoint Energy, Inc. Vice President, Hr Current

Organization Position Status
CenterPoint Energy, Inc. Division Vice President of Regional Operations Current

Organization Position Status
CenterPoint Energy, Inc. Vice President and Treasurer Current
CenterPoint Energy, Inc. Principal Financial Officer Former

Organization Position Status
CenterPoint Energy, Inc. Vice President and Treasurer of Current

Organization Position Status
CenterPoint Energy, Inc. Vice President, Corp Tax Current

Organization Position Status
CenterPoint Energy, Inc. Vice President, Marketing Current

Organization Position Status
CenterPoint Energy, Inc. Director of Ethics and Compliance Current
The Ecoa Chair Current
Waste Management, Inc. Director Former

Organization Position Status
CenterPoint Energy, Inc. Manager, Southern Region Current
The Houston Fresh Fruit & Vegetable Association Board of Directors Current

Organization Position Status
CenterPoint Energy, Inc. Regional Operations Manager Current

Organization Position Status
CenterPoint Energy, Inc. Area Manager Current

Organization Position Status
CenterPoint Energy, Inc. Manager, Region at Large Current
Texas Economic Development Council Board of Directors Former

Organization Position Status
CenterPoint Energy, Inc. Credit Manager Current

Organization Position Status
CenterPoint Energy, Inc. Manager, Eastern Region Current
Economic Development Former

Organization Position Status
CenterPoint Energy, Inc. Department Manager Current

Organization Position Status
CenterPoint Energy, Inc. Manager, Northern Region Current

Organization Position Status
CenterPoint Energy, Inc. Manager, Western Region Current
International Economic Development Council Manager, National Sales, Centerpoint Energy Current
Texas Economic Development Council Active Member Current
Lamar University Bachelor of Science In Industrial Engineering Former

Organization Position Status
CenterPoint Energy, Inc. Manager, Real Estate Relations Current

Organization Position Status
CenterPoint Energy, Inc. Marketing Manager Current

Organization Position Status
Unit Corporation Quarter Share Owner Current
CenterPoint Energy, Inc. Program Manager Current
Pirates Cove Townhomes Board of Directors Current
The University of Texas at Austin Bachelor of Science Degree In Elementary Education Former

Alice B. Otchere is a Director, in the Human Resource organization at CenterPoint Energy. In this position, Ms. Otchere provides leadership for the design, development, and implementation of workplace diversity and inclusion initiatives. In addition, she is responsible for the delivery of Human Resource products and services to the General Counsel organization at CenterPoint Energy.

Organization Position Status
CenterPoint Energy, Inc. General Counsel Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Operations Supervisor Current

Organization Position Status
CenterPoint Energy, Inc. Research Analyst Current

Organization Position Status
CenterPoint Energy, Inc. Technical Sales Engineer Current

Organization Position Status
CenterPoint Energy, Inc. Senior Marketing Representative Current

Organization Position Status
CenterPoint Energy, Inc. Residential Rebate Administrator Current

Organization Position Status
CenterPoint Energy, Inc. Supervisor of Damage Prevention Current

Organization Position Status
CenterPoint Energy, Inc. Senior Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Technical Sales Engineer Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Operations Supervisor Current

Organization Position Status
CenterPoint Energy, Inc. Sales Consultant Current

Organization Position Status
CenterPoint Energy, Inc. Commercial Trade Ally Representative Current

Organization Position Status
CenterPoint Energy, Inc. Project Technician Current

Organization Position Status
CenterPoint Energy, Inc. Audit Committee Chairman Current
NACCO Industries, Inc. Chairman Current
NACCO Industries, Inc. Director Current
CenterPoint Energy, Inc. Board of Directors Current
Viracon, Inc. Board of Directors Current
CenterPoint Energy, Inc. Finance Committee Member Current
Ecolab Inc. Chief Financial Officer Former
Gulf Oil Corporation Senior Management Positions Former
Ecolab Inc. Administrative Officer Former
Apogee Enterprises, Inc. Chairman of the Board Former
Ecolab Inc. Chairman Former
The Clorox Company Board of Directors Former
Apogee Enterprises, Inc. Board of Directors Former

Organization Position Status
Texas Eastern Products Pipeline Company, LLC Current
Port Inc. Current
CenterPoint Energy, Inc. Chair of Board Current
Health Care Service Corporation Chairman Current
Halliburton Company Board of Directors Current
DCP Midstream Partners, LP Board of Directors Current
EGL, Inc. Board Director Current
CenterPoint Energy, Inc. Compensation Committee Member Current
United States Air Force Program Director Former
Endowment Foundation, Inc Chairman Former
Devon Energy Corporation Director Former
PanEnergy Corporation Board Member Former

Organization Position Status
Tomlinson & O'Connell Of Counsel Current
Texas Eastern Products Pipeline Company, LLC Current
CenterPoint Energy, Inc. Board Director Current
DCP Midstream Partners, LP Board of Directors Current
CenterPoint Energy, Inc. Governance Committee Member Current
Kerr-McGee Corporation executive vice president Former
Kerr-McGee Corporation Executive Roles Former
CSX Corporation Executive Roles Former
CenterPoint Energy, Inc. Compensation Committee Chairman Former

Organization Position Status
CenterPoint Energy, Inc. Board Director Current
CenterPoint Energy, Inc. Compensation Committee Member Current
Sanders Morris Harris Group, Inc. Cfo Former
Sanders Morris Harris Group, Inc. Board Director Former

Janiece M. Longoria, 55, is a partner in the Houston law firm of Ogden, Gibson, Broocks & Longoria, L.L.P.. She has been a CenterPoint Energy board member since June 2005.

Organization Position Status
Houston Texas Partner Current
Ogden, Gibson, White, Broocks & Longoria Current
CenterPoint Energy, Inc. Board Director Current
CenterPoint Energy, Inc. Audit Committee Member Current
Houston Convention Center Hotel Corporation Treasurer Former
The University of Texas J.D. Former

Organization Position Status
Williams Energy Services Chief Admin Officer & Senior Vice President Current
Williams & Company Communications, Inc Senior Officer Current
Williams Gas Pipelines Senior Officer Current
Williams International Senior Officer Current
Dreamlink Foundation Current
North Carolina Central University Member, Board of Visitors Current
The Simon Estes Educational Foundation, Inc Director Current
QuikTrip Corporation Director Current
CenterPoint Energy, Inc. Board Member Current
Buffalo Wild Wings, Inc. Director Current
Williams International Director Current
Executive Leadership Foundation Board Member Current
The Executive Leadership Council Board of Directors Current
Williams & Company Communications, Inc Director Current
Williams Gas Pipelines Director Current
The Williams Companies, Inc. Chief Administrative Officer Former
The Williams Companies, Inc. Senior Vice President Former
Amoco Corporation Vice President, Corporate People Strategies Former
Martin Marietta Corporation Professional, Managerial and Executive Positions Former
RCA Corporation Human Resources Trainee Former
Amoco Corporation Officer Level Positions Former
Metropolitan Orlando Urban League Board Chairman Former

Organization Position Status
CenterPoint Energy, Inc. Board Director Current
CenterPoint Energy, Inc. Governance Committee Member Current

Peter S. Wareing, 57, is a co-founder and partner in the private equity firm Wareing, Athon & Company. He has been a member of the CenterPoint Energy board since June 2005.

Organization Position Status
Wareing Co-Founder Current
Wareing Partner Current
Gulf Coast Pre-Stress, Inc. Chairman of the Board Current
Union Ice Ltd. Chairman of the Board Current
Nordic Cold Storage LLC Vice Chairman of the Board Current
Texas Children's Hospital Board of Directors Current
CenterPoint Energy, Inc. Board of Directors Current
CenterPoint Energy, Inc. Governance Committee Member Current

Robert T. O Connell , age 69, has been a director since 2004. Mr. O Connell is a business consultant focusing on strategic and business development matters. He has been a director of Gulfmark Offshore, Inc. since 2006. Residing in Boston, Massachusetts, he has been a board member of Commonwealth Corporation and a member of the Boston Finance Commission, two Massachusetts public service entities, since 2003. From 1997 to 2003, he served as a director of RWD Technologies, Inc. and as its Senior Vice President from August 1997 to July 2001 and its Chief Financial Officer from August 2000 to June 2001. Mr. O Connell served as Senior Vice President and Chief Staff Officer of EMC Corporation from 1995 to 1997. Between 1965 and 1994, Mr. O Connell held several positions in General Motors Corporation, including Chief Financial Officer of General Motors Corporation from 1988 to 1992 and Chairman and Chief Executive Officer of General Motors Acceptance Corporation from 1992 to 1994.

Organization Position Status
Commonwealth LLC Board Member Current
CenterPoint Energy, Inc. Board of Directors Current
GulfMark Offshore Inc. Board of Directors Current
RWD Technologies, Inc. Director Former

Robert T. O Connell , age 70, has been a director since 2004. Mr. O Connell is a business consultant focusing on strategic and business development matters. He has been a director of Gulfmark Offshore, Inc. since 2006. Residing in Boston, Massachusetts, he has been a Governor-appointed member of the Boston Finance Commission since 2003. From 1997 to 2003, he served as a director of RWD Technologies, Inc. and as its Senior Vice President from August 1997 to July 2001 and its Chief Financial Officer from August 2000 to June 2001. Mr. O Connell served as Senior Vice President and Chief Staff Officer of EMC Corporation from 1995 to 1997. Between 1965 and 1994, Mr. O Connell held several positions in General Motors Corporation, including Chief Financial Officer of General Motors Corporation from 1988 to 1992 and Chairman and Chief Executive Officer of General Motors Acceptance Corporation from 1992 to 1994.

Organization Position Status
CenterPoint Energy, Inc. Board of Directors Current
RWD Technologies, Inc. Director Former

Sherman M. Wolff, age 68, has been a director since 2007. Prior to his retirement in 2006, he served as executive vice president and chief operating officer of Health Care Service Corporation, which provides health and life insurance products and related services as Blue Cross Blue Shield of Texas, Illinois, New Mexico and Oklahoma. He held various positions with that company from 1991 until his retirement. He currently serves as director of Fort Dearborn Life Insurance Company, a subsidiary of Health Care Service Corporation. He previously served as a director of EGL, Inc. from 2006 to 2007.

Organization Position Status
Fort Dearborn Life Insurance Company Director Current
CenterPoint Energy, Inc. Board of Directors Current

Organization Position Status
CenterPoint Energy, Inc. Board of Directors Current
Cenveo, Inc. Director Former

Organization Position Status
FreeMerchant.com Current
Valmont Industries, Inc. Chairman Current
Keywordmax Board of Directors Current
COMMERCE5, Inc. Board of Directors Current
Rimage Corporation Board of Directors Current
Valmont Industries, Inc. Director Current
CenterPoint Energy, Inc. Director Current
Spanlink Communications, Inc. Board of Directors Current
Reg.Net, Inc. Board of Directors Current
Directtrack, LLC Board of Directors Current
CenterPoint Energy, Inc. Finance Committee Member Current
Mlm CEO Former
US WEST, Inc. President Former
Digital River, Inc. Chairman Former
Digital River, Inc. Board of Directors Former

Organization Position Status
CenterPoint Energy, Inc. Governance Committee Member Current
Compass Bank Houston Board Chairman Former
CenterPoint Energy, Inc. Compensation Committee Chairman Former
CenterPoint Energy, Inc. Board Director Former

Executive News

  • CORRECTING and REPLACING eMeter Technology Enables Time-of-Use Billingand Remote Service Orders for Houston Retail Electric Providers

    Reuters - 8/27/09 - View Story

  • CORRECTING and REPLACING eMeter Technology Enables Time-of-Use Billing and Remote Service...

    Forbes.com - 8/27/09 - View Story

  • eMeter Technology Enables Time-of-Use Billing and Remote Service Orders for Houston Retail...

    Forbes.com - 8/26/09 - View Story

  • Lanyon Acquires DirectConnections!

    Hotel News Resource - 8/20/09 - View Story

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     CNP $12.74 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 4,079,450
Shares Outstanding 390.37M
Market Cap 5.0B
Year High 14.53
Year Low 8.66
Earnings Per Share 0.99
P/E Ratio 12.87
Dividend 0.76
Yield 5.97
IndustryTop Rated

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