The dividend payment is safe.
The utility sector outperform the S&P 500.
CenterPoint Energy also has a projected 6-8% adjusted utility EPS long-term growth from 2021 to 2025.
The new CEO has highly impressed us with his energy, vision, and passion for the business. We fully expect him to drive outperformance for the company.
CNP made a great deal with ET to unload its midstream assets.
Management believes the company is on the path to deliver 10% compound annual rate base growth over 5 years.
The stock is oversold. Selling Volumes slows last week