Form 8-K
8-K — CENTERPOINT ENERGY INC
Accession: 0001104659-26-047123
Filed: 2026-04-23
Period: 2026-04-23
CIK: 0001130310
SIC: 4911 (ELECTRIC SERVICES)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — tm2612248d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2612248d1_ex99-1.htm)
EX-99.2 — EXHIBIT 99.2 (tm2612248d1_ex99-2.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 23, 2026
CENTERPOINT ENERGY, INC.
(Exact name of registrant as specified in its
charter)
Texas
1-31447
74-0694415
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
Identification No.)
1111 Louisiana
Houston Texas
77002
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code:
(713) 207-1111
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 par value
CNP
The New York Stock Exchange
NYSE Texas
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2).
Emerging Growth Company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02. Results of Operations and Financial Conditions.
On April 23, 2026, CenterPoint
Energy, Inc. (“CenterPoint Energy”) reported first quarter 2026 earnings. For additional information regarding CenterPoint
Energy’s first quarter 2026 earnings, please refer to CenterPoint Energy’s press release attached to this report as Exhibit 99.1
(the “Press Release”), which Press Release is incorporated by reference herein.
Item 7.01. Regulation FD Disclosure.
CenterPoint Energy is holding
a conference call to discuss its first quarter 2026 earnings on April 23, 2026. Information about the call can be found in the Press
Release furnished herewith as Exhibit 99.1. For additional information regarding CenterPoint Energy’s first quarter 2026 earnings,
please refer to the supplemental materials that are being posted on CenterPoint Energy’s website and are attached to this report
as Exhibit 99.2 (the “Supplemental Materials”), which Supplemental Materials are incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
The information in the Press
Release and the Supplemental Materials is being furnished, not filed, pursuant to Items 2.02 and 7.01, respectively. Accordingly,
the information in the Press Release and the Supplemental Materials will not be incorporated by reference into any registration statement
filed by CenterPoint Energy under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated
therein by reference.
(d)
Exhibits.
EXHIBIT
NUMBER
EXHIBIT DESCRIPTION
99.1
Press Release issued April 23, 2026 regarding CenterPoint Energy’s first quarter 2026 earnings
99.2
Supplemental Materials regarding CenterPoint Energy’s first quarter 2026 earnings
104
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
CENTERPOINT ENERGY, INC.
Date: April 23, 2026
By:
/s/ Russell
K. Wright
Russell K. Wright
Vice President and Chief Accounting Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2612248d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
For more information contact
Media:
Communications
Media.Relations@CenterPointEnergy.com
Investors:
Ben Vallejo / Ellie Wood
Phone
713.207.6500
CenterPoint Energy reports strong Q1 2026 results;
reiterates full-year 2026 guidance; provides an update on Houston Electric load growth
· Reports Q1 2026 earnings of $0.48 per diluted share on a GAAP basis and
$0.56 per diluted share on a non-GAAP basis (“non-GAAP EPS”)
· Reiterates its 2026 non-GAAP EPS guidance range of at least the midpoint
of $1.89-$1.91, which, at the midpoint, would represent 8% growth over 2025 delivered results1
· Announces 12.2 gigawatts of firmly committed industrial load at Houston
Electric, expecting 8 gigawatts of data center load to be energized by 2029
Houston – April 23, 2026 – CenterPoint Energy, Inc.
(NYSE: CNP), or “CenterPoint,” today reported net income of $316 million, or $0.48 per diluted share, on a GAAP basis for
the first quarter of 2026, compared to $0.45 per diluted share in the comparable period of 2025.
Non-GAAP EPS for the first quarter of 2026 was $0.56, compared to $0.53
per diluted share in the comparable period of 2025. These strong first-quarter results were primarily driven by growth and regulatory
recovery, which contributed $0.11 per share of favorability compared to the first quarter of 2025. This favorability was partially offset
by $0.02 per share of unfavorable weather and usage and $0.04 of unfavorability from increased interest expense. Additionally, $0.03 of
unfavorable variance was primarily related to the divestiture of Louisiana and Mississippi natural gas LDC businesses, reflecting the
completed sale in the first quarter of 2025.
CenterPoint announced more than 12 gigawatts of firmly committed industrial
load and increased its data center load forecast, now expecting to energize 8 gigawatts of projects in the Greater Houston area by 2029,
with 3.5 gigawatts already under construction.
“We are fortunate to be living in one of the most unique and
exciting times in our industry’s history. Our teams are moving at pace to execute our customer-focused capital plans, deliver strong
financial results, and facilitate real and tangible electric load growth for the benefit of all our customers. Our strong first quarter
performance positions us well for the remainder of the year and delivering results at or above the midpoint of our 2026 earnings guidance
range. We remain confident that we are making the right investments to produce safer, more reliable, and more resilient outcomes than
ever before.” said Jason Wells, chair of the Board, president and CEO of CenterPoint.
“We understand the best way to deliver on affordability for our
current customers is by bringing more connections onto our electric systems. With the incremental and accelerating growth we see in Greater
Houston alone, we project to be able to deliver customer savings of approximately $4 billion over the next decade. Through our team’s
disciplined execution and moving at the speed of business, we have made meaningful progress for numerous new customers to help them realize
their large load connections. As a result, we now have clear line of sight to 12.2 gigawatts of firmly committed industrial load. Given
all these trends, we continue to believe we have one of the most tangible and executable growth plans in the industry.” concluded
Wells.
1 CenterPoint is unable to present a quantitative reconciliation
of forward-looking non-GAAP diluted earnings per share without unreasonable effort because changes in the value of ZENS (as defined herein)
and related securities, future impairments, and other unusual items are not estimable and are difficult to predict due to various factors
outside of management’s control.
1
Earnings Outlook
In addition to presenting its financial results in accordance with
GAAP, including presentation of net income or income available to common shareholders (loss) and diluted earnings (loss) per share, CenterPoint
provides guidance based on non-GAAP income and non-GAAP diluted earnings per share. Generally, a non-GAAP financial measure is a numerical
measure of a company’s historical or future financial performance that excludes or includes amounts that are not normally excluded
or included in the most directly comparable GAAP financial measure.
Management evaluates CenterPoint’s financial performance in part
based on non-GAAP income and non-GAAP diluted earnings per share. Management believes that presenting these non-GAAP financial measures
enhances an investor’s understanding of CenterPoint’s overall financial performance by providing them with an additional meaningful
and relevant comparison of current and anticipated future results across periods. The adjustments made in these non-GAAP financial measures
exclude items that management believes do not most accurately reflect the company’s fundamental business performance. These excluded
items are reflected in the reconciliation tables of this news release, where applicable. CenterPoint’s non-GAAP income and non-GAAP
diluted earnings per share measures should be considered as a supplement to, and not as a substitute for, or superior to, net income and
diluted earnings per share, which respectively are the most directly comparable GAAP financial measures. These non-GAAP financial measures
also may be different than non-GAAP financial measures used by other companies.
2025 and 2026 non-GAAP EPS and 2026 non-GAAP EPS guidance range
· 2025 and 2026 non-GAAP EPS and 2026 non-GAAP EPS guidance excludes:
◦ Earnings or losses from the change in value of CenterPoint’s 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029 (“ZENS”)
and related securities;
◦ Gains, losses and impacts, including related expenses, associated with mergers and divestitures, such as the divestiture of our Louisiana
and Mississippi natural gas LDC businesses and the announced sale of our Ohio natural gas LDC business;
◦ Impacts related to temporary emergency electric energy facilities “TEEEF” once they are no longer part of our rate-regulated
business.
In providing 2025 and 2026 non-GAAP EPS and 2026 non-GAAP EPS guidance,
CenterPoint does not consider the items noted above and other potential impacts such as changes in accounting standards, impairments,
or other unusual items, which could have a material impact on GAAP reported results for the applicable guidance period. The 2026 non-GAAP
EPS guidance range also considers assumptions for certain significant variables that may impact earnings, such as customer growth and
usage including normal weather, throughput, recovery of capital invested, effective tax rates, financing activities and related interest
rates, and regulatory and judicial proceedings. To the extent actual results deviate from these assumptions, the 2026 non-GAAP EPS guidance
range may not be met, or the projected annual non-GAAP EPS growth rate may change. CenterPoint is unable to present a quantitative reconciliation
of forward-looking non-GAAP diluted earnings per share without unreasonable effort because changes in the value of ZENS and related securities,
future impairments, and other unusual items are not estimable and are difficult to predict due to various factors outside of management’s
control.
2
Reconciliation of consolidated net income
and diluted earnings per share (GAAP) to non-GAAP income and non-GAAP diluted earnings per share
Three Months Ended
March 31, 2026
Dollars in
millions
Diluted
EPS(1)
Consolidated net income and diluted EPS on a GAAP basis
$ 316
$ 0.48
ZENS-related mark-to-market (gains) losses:
Equity securities (net of tax expense of $10)(2)(3)
(36 )
(0.05 )
Indexed debt securities (net of tax benefit of $9)(2)
35
0.05
Impacts associated with mergers and divestitures (net of tax expense of $15)(2)(4)
34
0.05
Impacts associated with TEEEF Units removed from Rate Base (net of tax benefit of $5)(5)
19
0.03
Consolidated income and diluted EPS on a non-GAAP basis(6)
$ 368
$ 0.56
1) Quarterly diluted EPS on both a GAAP and non-GAAP basis are based on the weighted average number of shares of common stock outstanding
during the quarter, and the sum of the quarters may not equal year-to-date diluted EPS
2) Taxes are computed based on the impact removing such item would have on tax expense. Taxes related to the Ohio natural gas LDC business
sale are booked proportionately by applying the projected annual effective tax rate percentage to income earned each quarter in accordance
with GAAP
3) Comprised of common stock of AT&T Inc., Charter Communications, Inc., and Warner Bros. Discovery, Inc.
4) Includes $13 million loss on early debt extinguishment associated with the planned divestiture of the Ohio natural gas LDC business
and removes income tax impacts related to the sale
5) Represents impacts related to temporary emergency electric energy facilities following the removal of the units from our rate regulated
business
6) The calculation on a per-share basis may not add down due to rounding
Reconciliation of consolidated net income
and diluted earnings per share (GAAP) to non-GAAP income and non-GAAP diluted earnings per share
Three Months Ended
March 31, 2025
Dollars in
millions
Diluted
EPS(1)
Consolidated net income and diluted EPS on a GAAP basis
$ 297
$ 0.45
ZENS-related mark-to-market (gains) losses:
Equity securities (net of tax expense of $17)(2)(3)
(63 )
(0.10 )
Indexed debt securities (net of tax benefit of $16)(2)
62
0.10
Impacts associated with mergers and divestitures (net of tax expense of $0)(2)(4)
48
0.08
Consolidated income and diluted EPS on a non-GAAP basis(5)
$ 344
$ 0.53
1) Quarterly diluted EPS on both a GAAP and non-GAAP basis are based on the weighted average number of shares of common stock outstanding
during the quarter, and the sum of the quarters may not equal year-to-date diluted EPS
2) Taxes are computed based on the impact removing such item would have on tax expense. Taxes related to the Louisiana and Mississippi
natural gas LDC businesses sale are booked proportionately by applying the projected annual effective tax rate percentage to income earned
each quarter in accordance with GAAP. Additional tax expense related primarily to the write-off of non-deductible goodwill was reflected
in tax expense over the remainder of 2025 and excluded from non-GAAP EPS.
3) Comprised of common stock of AT&T Inc., Charter Communications, Inc., and Warner Bros. Discovery, Inc.
4) Includes $43 million loss on sale associated with the divestiture of our Louisiana and Mississippi natural gas LDC businesses
5) The calculation on a per-share basis may not add down due to rounding
3
Reconciliation of consolidated net income
and diluted earnings per share (GAAP) to non-GAAP income and non-GAAP diluted earnings per share
Twelve Months Ended
December 31, 2025
Dollars in
millions
Diluted
EPS(1)
Consolidated net income and diluted EPS on a GAAP basis
$ 1,052
$ 1.60
ZENS-related mark-to-market (gains) losses:
Equity securities (net of tax benefit of $11)(2)(3)
40
0.06
Indexed debt securities (net of tax expense of $12)(2)
(43 )
(0.07 )
Impacts associated with mergers and divestitures (net of tax expense of $22)(2)(4)
60
0.09
Impacts associated with TEEEF Units removed from Rate Base (net of tax benefit of $12)(5)
46
0.07
Consolidated income and diluted EPS on a non-GAAP basis(6)
$ 1,155
$ 1.76
1) Quarterly diluted EPS on both a GAAP and non-GAAP basis are based on the weighted average number of shares of common stock outstanding
during the quarter, and the sum of the quarters may not equal year-to-date diluted EPS
2) Taxes are computed based on the impact removing such item would have on tax expense. Taxes related to the Louisiana and Mississippi
natural gas LDC business sale are booked proportionately by applying the projected annual effective tax rate percentage to income earned
each quarter in accordance with GAAP. Additional tax expense related primarily to the write-off of non-deductible goodwill was reflected
in tax expense over the remainder of 2025 and excluded from non-GAAP EPS
3) Comprised of common stock of AT&T Inc., Charter Communications, Inc., and Warner Bros. Discovery, Inc.
4) Includes $37 million loss on sale associated with the divestiture of our Louisiana and Mississippi natural gas LDC businesses and
gain on early extinguishment of debt with proceeds from the divestiture of the Louisiana and Mississippi natural gas LDC businesses
5) Represents impacts related to temporary emergency electric energy facilities following the removal of the units from our rate regulated
business
6) The calculation on a per-share basis may not add down due to rounding
Filing of Form 10-Q for CenterPoint Energy, Inc.
Today, CenterPoint Energy, Inc. filed with the Securities and
Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. A copy of that
report is available on the company’s website, under the Investors section. Investors and others should note that we may announce
material information using SEC filings, press releases, public conference calls, webcasts, and the Investor Relations page of our
website. In the future, we will continue to use these channels to distribute material information about the company and to communicate
important information about the company, key personnel, corporate initiatives, regulatory updates, and other matters. Information that
we post on our website could be deemed material; therefore, we encourage investors, the media, our customers, business partners and others
interested in our company to review the information we post on our website.
Webcast of Earnings Conference Call
CenterPoint’s management will host an earnings conference call
on April 23, 2026, at 7:00 a.m. Central time / 8:00 a.m. Eastern time. Interested parties may listen to a live audio broadcast
of the conference call on the company’s website under the Investors section. A replay of the call can be accessed approximately
two hours after the completion of the call and will be archived on the website for at least one year.
4
About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas,
CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation
and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of
March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint
Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.
Forward-looking Statements
This news release includes, and the earnings conference call will include
forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements other than statements of historical fact included in this news release and the earnings conference
call are forward-looking statements made in good faith by CenterPoint and are intended to qualify for the safe harbor from liability established
by the Private Securities Litigation Reform Act of 1995, including statements concerning CenterPoint’s expectations, beliefs, plans,
objectives, goals, strategies, future operations, events, financial position, earnings and guidance, growth, costs, prospects, capital
investments or performance or underlying assumptions and other statements that are not historical facts. You should not place undue reliance
on forward-looking statements. When used in this news release and the conference call, the words "anticipate," "believe,"
"continue," "could," "estimate," "expect," "forecast," "goal," "intend,"
"may," "objective," "plan," "potential," "predict," "projection," "should,"
"target," "will" or other similar words are intended to identify forward-looking statements. The absence of these
words, however, does not mean that the statements are not forward-looking.
Examples of forward-looking statements in this news release or on the
earnings conference call include statements about CenterPoint’s 10-year capital investment plan and the projects and programs therein
(which include Houston Electric’s Greater Houston Resiliency Initiative, System Resiliency Plan, the Houston Downtown Revitalization
Project, industrial load growth projects and 765 kilovolt projects, and other plans, projects and programs relating to electric transmission,
generation, resiliency, reliability, safety, gas meter upgrades, and system modernization), including the timing, execution, financing,
costs, affordability, and anticipated benefits thereof, regulatory matters relating thereto, and related matters, other capital investments
and opportunities therefor (including with respect to incremental capital opportunities, deployment of capital, execution, financing and
timing of such projects, and anticipated benefits related thereto), future earnings and guidance, CenterPoint’s goals regarding
the resiliency, reliability, and safety of our electric and gas systems, CenterPoint’s long-term growth rate and plans related thereto,
dividend growth and payouts, customer charges, customer bills and rate affordability (including forecasts of potential customer savings),
operations and maintenance expense reductions, the announced sale of our Ohio natural gas LDC business (including with respect to timing,
anticipated benefits, and related matters, such as the Seller’s Note), anticipated benefits thereof, regulatory matters including
the timing of, projections for, recovery through and anticipated benefits from the settlement of, rate cases and interim capital trackers
for CenterPoint and its subsidiaries (as applicable), base rate growth and population growth and economic development in CenterPoint’s
service territories, CenterPoint’s ability to support economic growth, meet customer needs and improve customer experiences, Houston
Electric’s release of its 15 large 27 megawatt (“MW”) to 32 MW temporary emergency electric energy facilities (“TEEEF”)
units to the San Antonio area and its ability to complete one or more other future transactions involving various sizes of TEEEF units
(including with respect to timing, filings related thereto, corresponding reductions in Houston Electric’s TEEEF fleet capacity,
anticipated benefits including with respect to revenue generation, rates, expected market demand for the units, and related matters),
the timing and extent of CenterPoint's recovery of costs and investments, electric demand growth (including industrial load growth) in
CenterPoint’s service territories (including forecasts and the drivers thereof, our ability to meet capacity needs related thereto,
interconnection requests and projects related thereto and our ability to connect customers, anticipated timing and the speed with which
we can energize such projects and the charges and bills related to such projects, capital investment opportunities related thereto, the
timing of investments related thereto, and anticipated benefits of such growth), transmission planning studies and anticipated results
thereof, financing plans (including in relation to operating cash flow, capital recycling, and the need for, timing of, and anticipated
benefits of any future equity or debt issuances, forward sales, and securitization, credit metrics and parent level debt), preparation
for weather conditions, CenterPoint’s 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029 (“ZENS”) and impacts
of the maturity of ZENS, CenterPoint’s credit health, tax structure and liability (including with respect to the Corporate Alternative
Minimum Tax and guidance related thereto), balance sheet health, future financial condition, financial performance and results of operations,
value creation, opportunities and expectations. We have based our forward-looking statements on our management’s beliefs and assumptions
based on information currently available to our management at the time the statements are made. We caution you that assumptions, beliefs,
expectations, intentions, and projections about future events may and often do vary materially from actual results. Therefore, we cannot
assure you that actual results will not differ materially from those expressed or implied by our forward-looking statements. Each forward-looking
statement contained in this news release or discussed on the earnings conference call speaks only as of the date of this release or the
earnings conference call.
5
Some of the factors that could cause actual results to differ from
those expressed or implied by our forward-looking information include, but are not limited to, risks and uncertainties relating to: (1) the
business strategies and strategic initiatives, restructurings, joint ventures and acquisitions or dispositions of assets or businesses
involving CenterPoint or its industry, including the ability to successfully complete such strategies, initiatives, transactions or plans
on the timelines we expect or at all, such as the proposed sale of our Ohio natural gas LDC business, which we cannot assure you will
have the anticipated benefits to us; (2) industrial, commercial and residential growth in CenterPoint’s service territories
and changes in market demand and energy consumption, including in relation to the expansion of data centers, energy refining and exports,
advanced manufacturing and logistics, as well as the effects of energy efficiency measures, technological advances and demographic patterns,
and our ability to appropriately estimate/forecast and effectively manage such demand and the business opportunities relating to such
matters; (3) CenterPoint’s ability to fund and invest planned capital, and the timely recovery of its investments, including
those related to CenterPoint’s 10-year capital plan; (4) the ability to execute and complete CenterPoint’s planned capital
projects and programs, including those within CenterPoint’s 10-year capital plan, in a timely and cost-effective manner and within
budget, obtain the anticipated benefits of such projects, and manage costs and impacts of such projects on customer affordability; (5) CenterPoint’s
ability to successfully construct, operate, repair, maintain, replace and restart electric generating facilities, natural gas facilities,
TEEEF and electric transmission facilities; (6) the timing and success of, and the ability to obtain approval for matters relating
to, Houston Electric’s release of its large TEEEF units to the San Antonio area, proposed removal of its medium TEEEF units, reduction
of its TEEEF fleet capacity and reduction of rates to reflect the removal of the large and medium TEEEF units from Houston Electric’s
TEEEF fleet, as well as the ability to complete one or more other future transactions involving the large and medium TEEEF units on acceptable
terms and conditions within the anticipated timeframe; (7) financial market and general economic conditions, including access to
debt and equity capital, economic uncertainty and volatility, inflation, potential for recession, interest rates, and their effect on
sales, prices and costs; (8) disruptions to the global supply chain, labor shortages and scarcity of certain materials, including
as a result of changes in U.S. and foreign trade policy and geopolitical and economic uncertainty or instability, including the conflict
involving Iran; (9) actions by credit rating agencies, including any potential downgrades to credit ratings; (10) the timing
and impact of regulatory proceedings and actions and legal proceedings, including those related to, among other things, Hurricane Beryl,
Houston Electric’s TEEEF units and the February 2021 winter storm event, and requested or favorable adjustments to rates and
approval of other requested items as part of base rate proceedings or interim rate mechanisms; (11) federal, state and local legislative,
executive and regulatory actions or developments, including any actions resulting from Hurricane Beryl, pipeline integrity and safety,
actions relating to our facilities and changes in regulation, legislation and governmental actions pertaining to the utility model, trade
(including tariffs, bans, retaliatory trade measures taken against the United States or related government action), tax legislation and
guidance (including further changes to or clarification of the One Big Beautiful Bill Act and the Inflation Reduction Act), the implementation
of budget and spending cuts to federal government agencies and programs, effects of government shutdowns, and developments related to
the environment; (12) the impact of public health threats; (13) severe weather events, natural disasters and other climate-related impacts,
and CenterPoint’s ability to mitigate such impacts, including the approval and timing of securitization issuances; (14) damages
to our network, facilities and systems, including as a result of wildfires; (15) changes in business plans; (16) changes to technology
and our ability to anticipate, adapt to and implement technological changes and advances in and our ability to timely adopt, develop and
deploy, artificial intelligence; (17) operations and maintenance costs, our ability to control such costs and cost-related impacts on
the affordability of our rates for our customers; (18) CenterPoint’s ability to timely obtain and maintain necessary land rights,
licenses, permits, easements and approvals from landowners and local, federal and other regulatory authorities on acceptable terms and
resolve disputes or third-party challenges to such licenses, permits or approvals, as applicable; (19) CenterPoint’s ability to
execute on its strategy, initiatives, targets and goals, including its energy transition goals and operations and maintenance goals; and
(20) other factors discussed in CenterPoint’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and
CenterPoint’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, including under “Risk Factors,”
“Cautionary Statements Regarding Forward-Looking Information” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations — Certain Factors Affecting Future Earnings” in such report and in other filings with
the Securities and Exchange Commission (“SEC”) by CenterPoint, which can be found at www.centerpointenergy.com on the Investor
Relations page or on the SEC website at www.sec.gov.
6
EX-99.2 — EXHIBIT 99.2
EX-99.2
Filename: tm2612248d1_ex99-2.htm · Sequence: 3
Exhibit 99.2
CenterPoint Energy | 1
First Quarter 2026
Investor Update
CenterPoint Energy | 2
Cautionary Statement and Other Disclosures
This presentation and the oral statements made in connection herewith contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this presentation and the oral statements
made in connection herewith are forward-looking statements made in good faith by CenterPoint Energy, Inc. (“CenterPoint Energy” or the “Company”) and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995, including statements concerning CenterPoint Energy’s
expectations, beliefs, plans, objectives, goals, strategies, future operations, events, financial position, earnings and guidance, growth, costs, prospects, capital investments or performance or underlying assumptions and other statements that are not historical facts. You should not place undue reliance on forward-looking statements. You can
generally identify our forward-looking statements by the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “should,” “target,” “will,” or other similar words. The absence of these words, however, does not mean that the statements are not
forward-looking.
Examples of forward-looking statements in this news release or on the earnings conference call include statements about CenterPoint’s 10-year capital investment plan and the projects and programs therein (which include Houston Electric’s Greater Houston Resiliency Initiative, System Resiliency Plan, the Houston Downtown Revitalization
project, industrial load growth projects and 765 kilovolt projects, and other plans, projects and programs relating to electric transmission, generation, resiliency, reliability, safety, gas meter upgrades, and system modernization), including the timing, execution, financing, costs, affordability, and anticipated benefits thereof, regulatory matters
relating thereto, and related matters, other capital investments and opportunities therefor (including with respect to incremental capital opportunities, deployment of capital, execution, financing and timing of such projects, and anticipated benefits related thereto), future earnings and guidance, CenterPoint’s goals regarding the resiliency,
reliability, and safety of our electric and gas systems, CenterPoint’s long-term growth rate and plans related thereto, dividend growth and payouts, customer charges, customer bills and rate affordability (including forecasts of potential customer savings), operations and maintenance expense reductions, the announced sale of our Ohio
natural gas LDC business (including with respect to timing, anticipated benefits, and related matters, such as the Seller’s Note), anticipated benefits thereof, regulatory matters including the timing of, projections for, recovery through and anticipated benefits from the settlement of, rate cases and interim capital trackers for CenterPoint and its
subsidiaries (as applicable), base rate growth, population growth, and economic development in CenterPoint’s service territories, CenterPoint’s ability to support economic growth, meet customer needs and improve customer experiences, Houston Electric’s release of its 15 large 27 megawatt (“MW”) to 32 MW temporary emergency electric
energy facilities (“TEEEF”) units to the San Antonio area and its ability to complete one or more other future transactions involving various sizes of TEEEF units (including with respect to timing, filings related thereto, corresponding reductions in Houston Electric’s TEEEF fleet capacity, anticipated benefits including with respect to revenue
generation, rates, expected market demand for the units, and related matters), the timing and extent of CenterPoint's recovery of costs and investments, electric demand growth (including industrial and data center load growth) in CenterPoint’s service territories (including forecasts and the drivers thereof, our ability to meet capacity needs
related thereto, interconnection requests and projects related thereto and our ability to connect customers, anticipated timing and the speed with which we can energize such projects and the charges and bills related to such projects, including anticipated cost savings to our customers from such large projects, capital investment opportunities
related thereto, the timing of investments related thereto, and anticipated benefits of such growth), transmission planning studies and anticipated results thereof, financing plans (including in relation to operating cash flow, capital recycling, and the need for, timing of, and anticipated benefits of any future equity or debt issuances, forward
sales, and securitization, credit metrics and parent level debt), preparation for weather conditions, CenterPoint’s 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029 (“ZENS”) and impacts of the maturity of ZENS, CenterPoint’s credit health, tax structure and liability (including with respect to the Corporate Alternative Minimum
Tax and guidance related thereto), balance sheet health, future financial condition, financial performance and results of operations, value creation, opportunities and expectations. We have based our forward-looking statements on our management’s beliefs and assumptions based on information currently available to our management at the
time the statements are made. We caution you that assumptions, beliefs, expectations, intentions, and projections about future events may and often do vary materially from actual results. Therefore, we cannot assure you that actual results will not differ materially from those expressed or implied by our forward-looking statements.
Some of the factors that could cause actual results to differ from those expressed or implied by our forward-looking information include, but are not limited to, risks and uncertainties relating to:(1) the business strategies and strategic initiatives, restructurings, joint ventures and acquisitions or dispositions of assets or businesses involving
CenterPoint or its industry, including the ability to successfully complete such strategies, initiatives, transactions or plans on the timelines we expect or at all, such as the proposed sale of our Ohio natural gas LDC business, which we cannot assure you will have the anticipated benefits to us; (2) industrial, commercial and residential growth in
CenterPoint’s service territories and changes in market demand and energy consumption, including in relation to the expansion of data centers, energy refining and exports, advanced manufacturing and logistics, as well as the effects of energy efficiency measures, technological advances and demographic patterns, and our ability to
appropriately estimate/forecast and effectively manage such demand and the business opportunities relating to such matters; (3) CenterPoint’s ability to fund and invest planned capital, and the timely recovery of its investments, including those related to CenterPoint’s 10-year capital plan; (4) the ability to execute and complete CenterPoint’s
planned capital projects and programs, including those within CenterPoint’s 10-year capital plan, in a timely and cost-effective manner and within budget, obtain the anticipated benefits of such projects, and manage costs and impacts of such projects on customer affordability; (5) CenterPoint’s ability to successfully construct, operate, repair,
maintain, replace and restart electric generating facilities, natural gas facilities, TEEEF and electric transmission facilities; (6) the timing and success of, and the ability to obtain approval for matters relating to, Houston Electric’s release of its large TEEEF units to the San Antonio area, proposed removal of its medium TEEEF units, reduction
of its TEEEF fleet capacity and reduction of rates to reflect the removal of the large and medium TEEEF units from Houston Electric’s TEEEF fleet, as well as the ability to complete one or more other future transactions involving the large and medium TEEEF units on acceptable terms and conditions within the anticipated timeframe; (7)
financial market and general economic conditions, including access to debt and equity capital, economic uncertainty and volatility, inflation, potential for recession, interest rates, and their effect on sales, prices and costs; (8) disruptions to the global supply chain, labor shortages and scarcity of certain materials, including as a result of
changes in U.S. and foreign trade policy and geopolitical and economic uncertainty or instability, including the conflict involving Iran; (9) actions by credit rating agencies, including any potential downgrades to credit ratings; (10) the timing and impact of regulatory proceedings and actions and legal proceedings, including those related to,
among other things, Hurricane Beryl, Houston Electric’s TEEEF units and the February 2021 winter storm event, and requested or favorable adjustments to rates and approval of other requested items as part of base rate proceedings or interim rate mechanisms; (11) federal, state and local legislative, executive and regulatory actions or
developments, including any actions resulting from Hurricane Beryl, pipeline integrity and safety, actions relating to our facilities and changes in regulation, legislation and governmental actions pertaining to the utility model, trade (including tariffs, bans, retaliatory trade measures taken against the United States or related government action),
tax legislation and guidance (including further changes to or clarification of the One Big Beautiful Bill Act and the Inflation Reduction Act), the implementation of budget and spending cuts to federal government agencies and programs, effects of government shutdowns, and developments related to the environment; (12) the impact of public
health threats; (13) severe weather events, natural disasters and other climate-related impacts, and CenterPoint’s ability to mitigate such impacts, including the approval and timing of securitization issuances; (14) damages to our network, facilities and systems, including as a result of wildfires; (15) changes in business plans; (16) changes to
technology and our ability to anticipate, adapt to and implement technological changes and advances in and our ability to timely adopt, develop and deploy, artificial intelligence; (17) operations and maintenance costs, our ability to control such costs and cost-related impacts on the affordability of our rates for our customers; (18)
CenterPoint’s ability to timely obtain and maintain necessary land rights, licenses, permits, easements and approvals from landowners and local, federal and other regulatory authorities on acceptable terms and resolve disputes or third-party challenges to such licenses, permits or approvals, as applicable; (19) CenterPoint’s ability to execute
on its strategy, initiatives, targets and goals, including its energy transition goals and operations and maintenance goals; and (20) other factors discussed in CenterPoint’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and CenterPoint’s Quarterly Report on Form 10-Q for the quarter ended March 31,
2026 including under “Risk Factors,” “Cautionary Statements Regarding Forward-Looking Information” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Certain Factors Affecting Future Earnings” in such reports and in other filings with the Securities and Exchange Commission (“SEC”) by
CenterPoint, which can be found at www.centerpointenergy.com on the Investor Relations page or on the SEC website at www.sec.gov.
This presentation contains time sensitive information that is accurate as of the date hereof (unless otherwise specified as accurate as of another date). Some of the information in this presentation is unaudited and may be subject to change. We undertake no obligation to update the information presented herein except as required by law.
Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts and the Investor Relations page of our website. In the future, we will continue to use these channels to distribute material information about the Company and to communicate important
information about the Company, key personnel, corporate initiatives, regulatory updates and other matters. Information that we post on our website could be deemed material; therefore, we encourage investors, the media, our customers, business partners and others interested in our Company to review the information we post on our
website.
Use of Non-GAAP Financial Measures
In addition to presenting its financial results in accordance with generally accepted accounting principles (GAAP), including presentation of net income (loss) or income (loss) available to common shareholders and diluted earnings (loss) per share, the Company also provides guidance based on non-GAAP income and non-GAAP diluted
earnings per share and also provides non-GAAP funds from operations / non-GAAP rating agency adjusted debt (“FFO/Debt”). Generally a non-GAAP financial measure is a numerical measure of a company’s historical or future financial performance that excludes or includes amounts that are not normally excluded or included in the most
directly comparable GAAP financial measure. Please refer to the Appendix for detailed discussion of the use of non-GAAP financial measures presented herein.
CenterPoint Energy | 3
First Quarter Update
Note: Refer to slide 2 for information on forward-looking statements and slides 15-17, and 24 for reconciliations and information on non-GAAP assumptions and measures, including non-GAAP EPS. See slides 21-23 for endnotes.
Consistent, Sustainable
Growth for Our Investors
Resilient, Reliable, &
Affordable Energy for
Customers
Efficient Financing and
Balance Sheet Health
Our 10-Year Plan Deliverables Q1 2026 Updates
Delivered $0.56 non-GAAP EPS for the first
quarter of 2026
Reaffirmed 2026 non-GAAP EPS guidance
range of $1.89 - $1.91
Completed nearly 70% of planned 2026
financing needs through Q1 debt issuances and
prior forward equity sales(5)
Announced 12.2GWs of firmly committed load;
Anticipate utilizing 10GWs of capacity will provide
~$4B in savings for Texas customers(8)
Reaffirmed our 10-year capital investment
plan
Delivered 12.5% TTM Q1 2026 FFO/Debt(3)
Installed 10,000 storm resilient poles and
completed 1,600 miles of high-risk vegetation
management in the quarter
Targeting top decile(1) non-GAAP EPS annual growth for 2026 and dividend per
share growth of 6%
Targeting top decile(1) long-term non-GAAP EPS annual growth target of 7-9%
through 2035, expecting to deliver in the mid-to-high end of the range in 2026-
2028(2)
Maintaining balance sheet health; long-term FFO/Debt(3) target of 100 – 150bps
of cushion above the downgrade threshold through 2035
Plan to efficiently fund robust capital investment plan through asset recycling,
securitization proceeds, and ~$4B of common equity through 2035(4)
Seeking to keep rates affordable through 1-2% O&M reductions(6)
, extending cost
recovery, and robust annual customer growth(7)
10-year capital investment plan of ~$65.5B through 2035 with at least $10B of
incremental capital investments to further enable economic growth and improve
customer outcomes(9)
Continued execution of the Greater Houston Resiliency Initiative to increase
system preparedness and improve storm readiness
CenterPoint Energy | 4
Serving Houston’s Diverse Economic Growth(1)
Accelerating and increasing demand across diversified industries
50% load growth by YE 2029
Expected TWO years faster
than initial forecast
Note: Refer to slide 2 for information on forward-looking statements. See slides 21-23 for endnotes.
Part of a broader set of diverse drivers(1)
Logistics
Energy &
Refining
Exports
Life
Sciences
Advanced
Manufacturing
~2.5GWs
Under construction
~3.5GWs
Under construction
~5GWs
Energized by 2029
~4.5GWs
Energized by 2029
~4.2GWs
Energized in 2029+
4Q
2025
1Q
2026
Firmly Committed Large Industrial Load(2)
~12.2GWs
~7.5GWs
8GWs of data center load expected to be
energized by 2029
CenterPoint Energy | 5
Sustained growth in Houston
and cost discipline has kept
rate increases below peers
and inflation for over a decade(4)
10 gigawatts of new
industrial load will provide
~$4 billion
in anticipated savings for
Texas residential & commercial
customers
Customer Affordability Benefit from Large Load Customers(1)
Residential delivery charge increases below Texas peers and the rate of inflation for over a decade
CEHE’s Average Monthly Residential Electric Delivery
Charge vs. In-State Peers(2)
$49
$55
$43
$62
'14A '15A '16A '17A '18A '19A '20A '21A '22A '23A '24A '25A
’14-25 CEHE:
~1.1% CAGR
’14-25 Peers:
~3.3% CAGR
Inflation(3):
~2.8% CAGR
Note: Refer to slide 2 for information on forward-looking statements. See slides 21-23 for endnotes.
CenterPoint Energy | 6
Q1 2026 vs Q1 2025 Non-GAAP EPS
Primary drivers
Note: Refer to slides 15-17, and 24 for reconciliations and information on non-GAAP assumptions and measures, including non-GAAP EPS. See slides 21-23 for endnotes.
$0.11 ($0.04)
Q1 2025
Non-GAAP EPS
Q1 2026
Non-GAAP EPS
$0.53
Growth and Rate
Recovery
Ongoing Cost
Management &
Interest Expense
Weather / Usage Other
Electric
$0.01 Growth
$0.11 Rate Recovery
$0.04 Depreciation & Other
Taxes
Gas
$0.01 Growth
$0.05 Rate Recovery
$0.03 Depreciation & Other
Taxes
O&M
$0.00
Interest Expense
$0.04
$0.56
Other
$0.02 Misc. Revenues
$0.01 Storm Deferral
Equity Return
$0.05 LAMS(1)
Electric
$0.00 Weather & Usage
Gas
$0.02 Weather & Usage
($0.02)
($0.02)
CenterPoint Energy | 7
Capital Expenditures by Segment
On track to execute 2026 planned spend and our ~$65.5 billion 10-year capital investment plan
FY 1Q FY ’26 – ‘30 ‘26 – ’35
2025 2026 2026E(2) Plan Plan
Electric ~$3.7B ~$0.8B ~$4.5B ~$22.4B ~$46.3B
Natural Gas ~$1.7B ~$0.3B ~$2.3B ~$10.6B ~$19.0B
Corporate and Other ~$34MM ~$8MM ~$40MM ~$0.1B ~$0.2B
Total Capital
Expenditures(3) ~$5.4B ~$1.2B ~$6.8B ~$33.1B ~$65.5B
Capital Investment Plan Execution At least $10B Incremental
Capital Opportunities(1)
• Electric Transmission Investments
(Houston & Indiana Electric)
• Resiliency and Grid Modernization
Investments
• Downtown Houston Revitalization
Project
• Next Generation Electric Smart Meter
Deployment
• Data Center-Related Investments in
Indiana
Note: Refer to slide 2 for information on forward-looking statements. See slides 21-23 for endnotes.
CenterPoint Energy | 8
Entity Moody’s
(Neg)(4)
S&P
(Stable)
Fitch
(Stable)
CenterPoint Energy, Inc. Baa2 BBB BBB
Houston Electric A2 A A
CERC A3 BBB+ A-SIGECO A1 A -
Consolidated FFO To Debt Company Debt Ratings (1)(2)
2025 Full Year 1Q 2026 TTM
Moody’s 12.5% 12.2%
Adjusted for 1-time items – Moody’s methodology(2) 13.8% 12.5%
S&P 12.4% 12.5%
Adjusted for 1-time items – S&P methodology 13.1% 12.5%
Continued focus on –
• Liquidity and commitment to current credit ratings
• Plan to incorporate credit supportive, higher equity content instruments
• Completed nearly 70% of planned financing needs for 2026 in the first
quarter(6)
Consolidated Liquidity(5)
Credit Facility Capacity $4.0B
Less: Outstanding Borrowings ~($0.0B)
Total Available Liquidity ~$4.0B
Continued Focus on Credit and Balance Sheet Strength
Note: Refer to slide 2 for information on forward-looking statements and slides 18-19 for reconciliations to rating agency adjustments and measures. See slides 21-23 for endnotes.
Upcoming Maturities(3)
2026 2027 2028
CNP (Parent)
Senior Notes @ 1.45%, 5.25%, & 4.25% $517MM - $73.5MM
Convertible Senior Notes @ 4.25%, & 3.00% $1,000MM - $1,000MM
1997 Municipal Bond @ 5.125% - - $68MM
CEHE
General Mortgage Bonds @ 2.40%, 3.00%, & 5.20% $300MM $300MM $500MM
CERC
IGC Senior Notes @ 6.42%, 6.68%, 6.34%, & 6.55% - $26MM $20MM
Senior Notes @ 4.00% & 5.25% - - $1,200MM
Floating Rate Term Loan - $800MM -
SIGECO
First Mortgage Bonds @ 4.98% - - $100MM
Total $1,817MM $1,126MM $2,961.5MM
CenterPoint Energy | 9
Contacts
Ben Vallejo
Vice President
Investor Relations and Corporate Planning
Tel. (713) 207 – 5461
ben.vallejo@centerpointenergy.com
Ellie Wood
Manager
Investor Relations
Tel. (713) 207 – 7703
ellen.wood@centerpointenergy.com
General Contact
Tel. (713) 207 – 6500
https://investors.centerpointenergy.com/contact-us
CenterPoint Energy | 10
Appendix
CenterPoint Energy | 11
Our 10-Year $65.5B Capital Investment Plan(1)
$4.0 $4.4 $4.5
$3.5
$4.1
$0.4
$0.4 $0.5
$0.3
$0.3
$0.8
$0.8 $0.9
$0.8
$0.8
$0.5
$0.5 $0.4
$0.5
$0.4
$0.9
$0.8 $0.8
$0.7
$0.8
$0.2
$7 $7 $7
$6
$6
'26E '27E '28E '29E '30E
$ billions
Houston Electric Indiana Electric TX Gas MN Gas IN Gas OH Gas
~$33B Investment, 2026-2030
~$65.5B
2026-2035
Note: Refer to slide 2 for information on forward-looking statements. See slides 21-23 for endnotes.
CenterPoint Energy | 12
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Electric Natural Gas(5)
1Q 2026 1Q 2025 2026 vs 2025
Throughput
(in GWh)
Residential 6,398 6,643 -4%
Total 24,957 24,749 1%
Metered
Customers(1)
Residential 2,688,307 2,651,381 1%
Total 3,023,460 2,983,906 1%
Weather vs
Normal(2)
Cooling Degree Days 202 82 120
Heating Degree Days (261) 95 (356)
Houston
Cooling Degree Days 178 68 110
Houston
Heating Degree Days (195) 37 (232)
1Q 2026 1Q 2025 2026 vs 2025
Throughput
(in Bcf)
Residential 95 110 (14%)
Commercial and
Industrial 128 138 (7%)
Total 223 248 (10%)
Metered
Customers(1)
Residential 3,749,264 3,723,549 1%
Commercial and
Industrial 288,159 276,675 4%
Total 4,037,423 4,000,224 1%
Weather vs
Normal(2)
Heating Degree Days (10) (20) 10
Texas
Heating Degree Days (161) 32 (193)
Margin Sensitivities CEHE IE TX Gas(3)
Per HDD / CDD(4) $50k - $70k $20k - $30k $30k - $40k
Note: See slides 21-23 for endnotes.
Weather and Throughput Data
CenterPoint Energy | 13
Transaction Highlights
✓ Announced October 2025
✓ Efficiently recycle capital, upside for additional CapEx
✓ Supports balance sheet optimization
✓ Signals continued demand for U.S. gas LDCs
✓ Aligns with the continued execution of our plan
Key Transaction Terms
▪ Gross Purchase Price: ~$2,620MM
▪ Net Purchase Price: ~$2,400MM
▪ ~1.9x of 2024 rate base(1)
▪ ~26x of 2024 earnings(2)
▪ Anticipated transaction close: Q4 of 2026
Proceeds Calculation ($ in millions)
Gross Purchase Price ~$2,620
Taxes and transaction costs ~$200
Net Proceeds(3) ~$2,400
Long Term Value Creation
✓ Cash proceeds will be redeployed into other jurisdictions to
fund near-term incremental capital investments
✓ Seller’s Note Receivable earning 6.5% annual interest rate
with a 1-year term will create a stream of earnings until maturity
✓ Proceeds from Seller’s Note at maturity will fund additional
growth investments
Note: Refer to slide 2 for information on forward-looking statements. See slides 21-23 for endnotes.
Expected Seller’s Note
Maturity
Q4 2027
Sale Process
Announced
May 2025
Announced
Sale
October 2025
Complete Regulatory
Process
1H 2026
Targeted Transaction
Close
Q4 2026
Announced Ohio Gas LDC Sale
CenterPoint Energy | 14
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
TX (E)
IN (E)
TX (G)
MN (G)
N. IN (G)
OH (G)
S. IN (G)
ROE / Equity Ratio ’26 Rate Base(3)
9.65% / 43.25% $18.5B
9.8% / 48.3%(1) $3.1B
9.8% / 60.6% $3.8B
N/A / N/A(2) $2.7B
9.80% / 46.8%(1) $3.0B
9.79% / 52.9% $1.6B
9.70% / 46.2%(1) $0.8B
Total = ~$33B(4)
Upcoming Regulatory Activity
CSIA-7
GRC
GRC General Rate Case
TDSIC / CECA / ECA
Settlement
filed April 23
TCOS(5) / DCRF(5)
GRIP Gas Reliability Infrastructure
Program
CSIA Compliance and System
Improvement Adjustment
CEP Capital Expenditure
Program Rider
GRIP
CSIA-8
CSIA-7 CSIA-8 CSIA-9
TCOS Transmission Cost of
Service
Distribution
Replacement Rider
DCRF Distribution Cost
Recovery Factor
TDSIC Trans., Dist., & Storage
Sys. Improvement Charge
CECA Clean Energy Cost
Adjustment ECA Environmental Cost
Adjustment
TCOS(6) / DCRF(6)
CEP / DRR
DRR
Note: Refer to slide 2 for information on forward-looking statements. See slides 21-23 for endnotes.
2026 Regulatory Schedule
GRC
GRC
CenterPoint Energy | 15
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Three Months Ended
March 31, 2026
Dollars in
millions
Diluted
EPS(1)
Consolidated net income and diluted EPS on a GAAP basis $ 316 $ 0.48
ZENS-related mark-to-market (gains) losses:
Equity securities (net of tax expense of $10)(2)(3) (36) (0.05)
Indexed debt securities (net of tax benefit of $9)(2) 35 0.05
Impacts associated with mergers and divestitures (net of tax expense of $15)(2)(4) 34 0.05
Impacts associated with TEEEF Units removed from Rate Base (net of tax benefit of $5)(5) 19 0.03
Consolidated income and diluted EPS on a non-GAAP basis(6) $ 368 $ 0.56
Reconciliation: Consolidated Net Income and Diluted Earnings per share (GAAP) to
non-GAAP Income and non-GAAP Diluted EPS used in providing annual earnings
guidance
Note: See slides 21-23 for endnotes.
CenterPoint Energy | 16
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Three Months Ended
March 31, 2025
Dollars in
millions
Diluted
EPS(1)
Consolidated net income and diluted EPS on a GAAP basis $ 297 $ 0.45
ZENS-related mark-to-market (gains) losses:
Equity securities (net of tax expense of $17)(2)(3) (63) (0.10)
Indexed debt securities (net of tax benefit of $16)(2) 62 0.10
Impacts associated with mergers and divestitures (net of tax expense of $0)(2)(4) 48 0.08
Consolidated income and diluted EPS on a non-GAAP basis(5) $ 344 $ 0.53
Reconciliation: Consolidated Net Income and Diluted Earnings per share (GAAP) to
non-GAAP Income and non-GAAP Diluted EPS used in providing annual earnings
guidance
Note: See slides 21-23 for endnotes.
CenterPoint Energy | 17
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Reconciliation: Consolidated Net Income and Diluted Earnings per share (GAAP) to
non-GAAP Income and non-GAAP Diluted EPS used in providing annual earnings
guidance
Twelve Months Ended
December 31, 2025
Dollars in
millions
Diluted
EPS(1)
Consolidated net income and diluted EPS on a GAAP basis $ 1,052 $ 1.60
ZENS-related mark-to-market (gains) losses:
Equity securities (net of tax benefit of $11)(2)(3) 40 0.06
Indexed debt securities (net of tax expense of $12)(2) (43) (0.07)
Impacts associated with mergers and divestitures (net of tax expense of $22)(2)(4) 60 0.09
Impacts associated with TEEEF Units removed from Rate Base (net of tax benefit of $12)(5) 46 0.07
Consolidated income and diluted EPS on a non-GAAP basis(6) $ 1,155 $ 1.76
Note: See slides 21-23 for endnotes.
CenterPoint Energy | 18
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Twelve month to date ended and as of period ended, respectively ($ in millions) YE 2025 1Q 2026
Net cash provided by operating activities (A) $2,486 $2,358
Add back:
Accounts receivable and unbilled revenues, net 253 (65)
Inventory 17 62
Accounts payable 15 58
Other current assets and liabilities (210) 128
Adjusted cash from operations 2,561 2,541
Plus: Rating agency adjustments(1) 131 97
Non-GAAP funds from operations (FFO) (B) $2,692 $2,638
Total Debt, Net
Short-term Debt:
Short-term borrowings 500 -
Current portion of VIE Securitization Bonds long-term debt 41 92
Current portion of other long-term debt 1,873 2,115
Long-term Debt:
VIE Securitization bonds, net 664 1,797
Other long-term debt, net 19,902 20,679
Total Debt, net (C) 22,980 24,683
Plus: Rating agency adjustments(1) (1,368) (3,148)
Non-GAAP rating agency adjusted debt (D) $21,612 $21,535
Net cash provided by operating activities / total debt, net (A/C) 10.8% 9.6%
CFO Pre-Working Capital/Debt– Moody’s(1) (B/D) 12.5% 12.2%
CNP Adjustments to FFO for 1-time items (E) 120 43
CNP Adjustments to Debt for 1-time items (F) (1,270) (48)
Non-GAAP FFO / Non-GAAP adjusted debt (“FFO/Debt”) Adjusted for 1-time items(2) (B + E / D + F) 13.8% 12.5%
Based on Moody’s Methodology
Reconciliation: Net Cash Provided by Operating Activities and Total Debt, Net to non-GAAP Funds from Operations (FFO) and non-GAAP Adj. Debt
Note: See slides 21-23 for endnotes.
CenterPoint Energy | 19
Reconciliation: Gross Margin and Total Debt, Net to non-GAAP Funds from Operations
(FFO) and non-GAAP Rating Agency Adjusted Debt
Based on S&P’s Methodology
Twelve month to date ended and as of period ended, respectively ($ in millions) YE 2025 Q1 2026
Unadjusted EBITDA
Gross Margin 7,240 7,331
O&M (3,024) (3,043)
Taxes and Other (576) (579)
Unadjusted EBITDA 3,640 3,709
Less: Cash interest paid 983 1,002
Less: Cash taxes paid (21) (18)
Plus: Rating agency adjustments(1) 22 15
Non-GAAP funds from operations (FFO) 2,700 2,740
Total Debt, Net
Short-term Debt:
Short-term borrowings 500 -
Current portion of VIE Securitization Bonds long-term debt 41 92
Current portion of other long-term debt 1,873 2,115
Long-term Debt:
VIE Securitization bonds, net 664 1,797
Other long-term debt, net 19,902 20,679
Total Debt, net 22,980 24,683
Plus: Rating agency adjustments(2) (1,147) (2,815)
Non-GAAP rating agency adjusted debt 21,833 21,868
Unadjusted EBITDA / total debt, net 15.8% 15.0%
FFO/Debt (S&P) 12.4% 12.5%
FFO/Debt (S&P) – adjusted for one-time items (2) 13.1% 12.5%
Note: See slides 21-23 for endnotes.
CenterPoint Energy | 20
aaaaaaaaa
Information Location
Electric
▪ Estimated 2025 year-end rate base by jurisdiction
▪ Authorized ROE and capital structure by jurisdiction
▪ Definition of regulatory mechanisms
▪ Projected regulatory filing schedule
Regulatory Information – Electric
Natural Gas
▪ Estimated 2025 year-end rate base by jurisdiction
▪ Authorized ROE and capital structure by jurisdiction
▪ Definition of regulatory mechanisms
▪ Projected regulatory filing schedule
Regulatory Information – Gas
Estimated amortization for pre-tax equity earnings related to Houston
Electric’s securitization bonds
Regulatory Information – Electric (Pg. 5)
Rate changes and Interim mechanisms filed Form 10-K – Rate Change Applications section
Regulatory Information
CenterPoint Energy | 21
Endnotes:
Slide Notes
3
(1) As compared to 2026 proxy peers
(2) Refers to non-GAAP EPS annual growth rate for 2026E – 2035E
(3) Based on Moody’s methodology; adjusted for CEHE storm related costs; FFO/Debt is a non-GAAP measure. Refer to slide 18 for Moody’s TTM Q1 reconciliation
(4) Planned common equity of ~$4 billion from 2026-2035, inclusive of the ~1.1 billion of forward sales to be settled no later than February 2027, and ~$3 billion of issuances from 2028-35
(5) We have completed over 60% of our planned debt issuance for the year and 100% of our planned equity with the $165 million forward equity sales to be settled by May 2026 and a portion of the $920 million
block forward sale expected to be settled in 2026, with the remaining to be settled by February 2027
(6) Controllable O&M average annual reduction includes Electric and Natural Gas businesses
(7) Internal projection through 2030
(8) Refers to the cumulative 10-year customer benefit from residential and commercial delivery charge reductions associated with connecting 10 gigawatts of new industrial load to the existing ERCOT system
(9) Refers to capital investment opportunities through 2035 outside of 10-year capital plan from 2026-2035
4
(1) Internal projections based on high probable load additions through the end of 2035
(2) Firmly committed load defined as having signed study commitments, site control, and the materials/labor to execute
5
(1) Refers to the cumulative 10-year customer benefit from residential and commercial delivery charge reductions associated with connecting 10 gigawatts of new industrial load to the existing ERCOT system
(2) Based on average monthly usage of 1,000 kWh as compared to peers including Oncor, AEP Central, AEP North, and Texas-New Mexico Power (TNMP)
(3) Compounded annual growth rate of total US consumer price index from 2014 to 2025
(4) Refers to residential electric delivery charge average growth rate from 2014 to 2025 compared to in state peers and US total consumer inflation rate.
6 (1) Related to the divestiture of Louisiana and Mississippi natural gas LDC businesses ("LAMS")
7
(1) Refers to capital investment opportunities through 2035 outside of 10-year capital plan from 2026-2035
(2) Represents 2026 capital estimated as of 3/31/2026
(3) This calculation may not add down due to rounding
8
(1) Based on Moody’s CFO Pre-Working Capital/Debt and S&P’s FFO/Debt methodology with certain one-time adjustments noted on slides 18-19; targets based on plan assumptions
(2) Long-term FFO/Debt target of 14% - 15% through 2030 using Moody’s methodology
(3) Does not include Securitization bonds or commercial paper in total balances
(4) CERC and SIGECO are rated as stable by Moody’s, the negative outlook only applies to CNP and CEHE
(5) As of 3/31/2026
(6) We have completed over 60% of our planned debt issuance for the year and 100% of our planned equity with the $165 million forward equity sales to be settled by May 2026 and a portion of the $920 million
block forward sale expected to be settled in 2026, with the remaining to be settled by February 2027
11 (1) Refers to the 10-year capital plan, 2026E to 2035E
CenterPoint Energy | 22
Endnotes:
Slide Notes
12
(1) End of period number of metered customers
(2) As compared normal weather for service area
(3) Only pertains to heating degree days
(4) As applied to base rates, per heating degree day (HDD) and cooling degree day (CDD) versus normal
(5) Throughput and Meter Customers are normalized by the exclusion of Louisiana and Mississippi natural gas LDC businesses data in the 2025 figures
13
(1) 2024 year-end divested rate base of approximately $1.5 billion
(2) Refers to the 2024 earnings multiple for the transaction after removing debt from the net proceeds
(3) Number may not sum due to rounding
14
(1) Equity % net of cost-free capital and other adjustments
(2) Settlement notates an ROR of 7.07%
(3) Estimated year-end 2026 Rate Base represents the latest available information; may differ slightly from regulatory filings
(4) Anticipated Ohio natural gas LDC business sale expected to close by YE 2026
(5) Filed both TCOS and DCRF filings in February 2026
(6) Both filings expect to be filed in August 2026
15
(1) Quarterly diluted EPS on both a GAAP and non-GAAP basis are based on the weighted average number of shares of common stock outstanding during the quarter, and the sum of the quarters may not equal
year-to-date diluted EPS
(2) Taxes are computed based on the impact removing such item would have on tax expense. Taxes related to the Ohio natural gas LDC business sale are booked proportionately by applying the projected
annual effective tax rate percentage to income earned each quarter in accordance with GAAP. Additional tax expense related primarily to the write-off of non-deductible goodwill will be reflected in tax expense
over the remainder of 2026 and excluded from non-GAAP EPS
(3) Comprised of common stock of AT&T Inc., Charter Communications, Inc. and Warner Bros. Discovery, Inc.
(4) Includes $13 million loss on early debt extinguishment associated with the planned divestiture of the Ohio natural gas LDC business and removes income tax impacts related to the sale
(5) Represents impacts related to temporary emergency electric energy facilities following the removal of the units from our rate regulated business
(6) The calculation on a per-share basis may not add down due to rounding
16
(1) Quarterly diluted EPS on both a GAAP and non-GAAP basis are based on the weighted average number of shares of common stock outstanding during the quarter, and the sum of the quarters may not equal
year-to-date diluted EPS
(2) Taxes are computed based on the impact removing such item would have on tax expense. Taxes related to the Louisiana and Mississippi natural gas LDC businesses sale are booked proportionately by
applying the projected annual effective tax rate percentage to income earned each quarter in accordance with GAAP. Additional tax expense related primarily to the write-off of non-deductible goodwill will be
reflected in tax expense over the remainder of 2025 and excluded from non-GAAP EPS
(3) Comprised of common stock of AT&T Inc., Charter Communications, Inc., and Warner Bros. Discovery, Inc.
(4) Includes $43 million loss on sale associated with the divestiture of our Louisiana and Mississippi natural gas LDC businesses
(5) The calculation on a per-share basis may not add down due to rounding
CenterPoint Energy | 23
Endnotes:
Slide Notes
17
(1) Quarterly diluted EPS on both a GAAP and non-GAAP basis are based on the weighted average number of shares of common stock outstanding during the quarter, and the sum of the quarters may not equal
year-to-date diluted EPS
(2) Taxes are computed based on the impact removing such item would have on tax expense. Taxes related to the gas LDC sale are booked proportionately by applying the projected annual effective tax rate
percentage to income earned each quarter in accordance with GAAP. Additional tax expense related primarily to the write-off of non-deductible goodwill will be reflected in tax expense over the remainder of
2025 and excluded from non-GAAP EPS
(3) Comprised of common stock of AT&T Inc., Charter Communications, Inc., and Warner Bros. Discovery, Inc.
(4) Includes $37 million loss on sale associated with the divestiture of our Louisiana and Mississippi natural gas LDC businesses and gain on early extinguishment of debt with proceeds from the divestiture of the
Louisiana and Mississippi natural gas LDC businesses
(5) Represents impacts related to temporary emergency electric energy facilities following the removal of the units from our rate regulated business
(6) The calculation on a per-share basis may not add down due to rounding
18
(1) Based on Moody’s methodology, including adjustments related to operating lease costs, stock dividends, non-recurring items, and net defined benefit plan contributions
(2) CNP further reduced FY 2025 for the associated one-time Winter Storm Uri related debt as well as CEHE storm related costs and Q1 2026 for one-time Winter Storm Uri related debt. Please see note 17 of
the 2025 Form 10-K for supplemental disclosure of cash flow information
19 (1) Based on S&P’s methodology, including adjustments related to operating lease costs, stock dividends, non-recurring items, and net defined benefit plan contributions
(2) Excludes CEHE storm related debt cost of $1,200 million as of 12/31/2025 and $0 million as of 3/31/2026
CenterPoint Energy | 24
Additional Information
Use of Non-GAAP Financial Measures
In this presentation and the oral statements made in connection herewith, CenterPoint Energy presents, based on net income (loss), diluted earnings (loss) per share, and net cash provided by operating activities to total debt, net, and gross margin to total debt, net, the following
financial measures which are not generally accepted accounting principles (“GAAP”) financial measures: non-GAAP income, non-GAAP diluted earnings per share (“non-GAAP EPS”), as well as non-GAAP funds from operations / non-GAAP rating agency adjusted debt (Moody’s
and S&P) (“FFO/Debt”). Generally, a non-GAAP financial measure is a numerical measure of a company’s historical or future financial performance that excludes or includes amounts that are not normally excluded or included in the most directly comparable GAAP financial
measure.
2025 and 2026 non-GAAP EPS excluded and non-GAAP EPS guidance excludes: (a) Earnings or losses from the change in value of ZENS and related securities, (b) Gain, losses and impact, including related expenses, associated with mergers and divestitures, such as the
divestiture of our Louisiana and Mississippi natural gas LDC businesses and the pending divestiture of our Ohio natural gas LDC business, and (c) With respect to 2025 non-GAAP EPS and non-GAAP EPS guidance, impacts related to temporary emergency electric facilities
("TEEEF") once they are no longer part of our rate-regulated business. In providing 2025 and 2026 non-GAAP EPS and non-GAAP EPS guidance, CenterPoint Energy does not consider the items noted above and other potential impacts such as changes in accounting
standards, impairments or other unusual items, which could have a material impact on GAAP reported results for the applicable guidance period. The non-GAAP EPS guidance ranges also consider assumptions for certain significant variables that may impact earnings, such as
customer growth and usage including normal weather, throughput, recovery of capital invested, effective tax rates, financing activities and related interest rates, and regulatory and judicial proceedings. To the extent actual results deviate from these assumptions, the non-GAAP
EPS guidance ranges may not be met, or the projected annual non-GAAP EPS growth rate may change. CenterPoint Energy is unable to present a quantitative reconciliation of forward-looking non-GAAP diluted earnings per share without unreasonable effort because changes in
the value of ZENS and related securities, future impairments, and other unusual items are not estimable and are difficult to predict due to various factors outside of management’s control.
Funds from operations (Moody’s) excludes from net cash provided by operating activities, accounts receivable and unbilled revenues, net, inventory, accounts payable, and other current assets and liabilities, and includes certain adjustments consistent with Moody’s methodology,
including adjustments related to operating lease costs, stock dividends, non-recurring items, and net defined benefit plan contributions. Non-GAAP rating agency adjusted debt (Moody’s) adds to Total Debt, net certain adjustments consistent with Moody’s methodology, including
operating lease costs, stock dividends, non-recurring items, and net defined benefit plan contributions and further adjustments related to CEHE storm related costs.
Funds from operations (S&P) excludes from gross margin, O&M, taxes and other, cash interest paid and cash taxes paid, and includes certain adjustments consistent with S&P's methodology, including adjustments related to operating lease costs, stock dividends, non-recurring
items, and net defined benefit plan contributions. Non-GAAP rating agency adjusted debt (S&P) adds to Total Debt, net certain adjustments consistent with S&P's methodology, including adjustments related to Winter Storm Uri related debt and CEHE storm related debt. The
appendix to this presentation contains a reconciliation of net income (loss) and diluted earnings (loss) per share to the basis used in providing guidance, as well as a reconciliation of net cash provided by operating activities / total debt, net (and gross margin to total debt, net) to
FFO/Debt.
Management evaluates the Company’s financial performance in part based on non-GAAP income, non-GAAP EPS and long-term FFO/Debt. Management believes that presenting these non-GAAP financial measures enhances an investor’s understanding of CenterPoint
Energy’s overall financial performance by providing them with an additional meaningful and relevant comparison of current and anticipated future results across periods. The adjustments made in these non-GAAP financial measures exclude items that management believes do
not most accurately reflect the Company’s fundamental business performance. These excluded items are reflected in the reconciliation tables, where applicable. CenterPoint Energy’s non-GAAP income, non-GAAP EPS and FFO/Debt financial measures should be considered as
a supplement to, and not as a substitute for, or superior to, net income (loss), diluted earnings (loss) per share, net cash provided by operating activities to total debt, net and gross margin to total debt, net, which, respectively, are the most directly comparable GAAP financial
measures. These non-GAAP financial measures also may be different than non-GAAP financial measures used by other companies.
Energy Transition Goals Disclaimer
CenterPoint Energy’s Scope 1 greenhouse gas ("GHG") emissions estimates are calculated from GHG emissions that directly come from its operations. CenterPoint Energy’s Scope 2 GHG emissions estimates are calculated from GHG emissions that indirectly come from its
energy usage, but because Texas is in an unregulated market, its Scope 2 GHG emissions estimates do not take into account Texas electric transmission and distribution assets in the line loss calculation and exclude GHG emissions related to purchased power between 2024E-2026E. CenterPoint Energy’s Scope 3 GHG emissions estimates are based on the total natural gas supply delivered to residential and commercial customers as reported in the U.S. Energy Information Administration (EIA) Form EIA-176 reports and do not take into account the
GHG emissions of transport customers and GHG emissions related to upstream extraction. CenterPoint Energy has adopted energy transition goals and its analysis and plans for execution require it to make a number of assumptions. These goals and underlying assumptions
involve risks and uncertainties and are not guarantees, and CenterPoint Energy's ability to achieve these goals will ultimately be driven by the needs of its business, the needs and desires of the customers, jurisdictions and other stakeholders it serves and its performance for
shareholders. In addition, forecasting is inherently speculative and the trajectory of the greater energy transition is uncertain. Should one or more of CenterPoint Energy’s underlying assumptions require updating, its actual results and ability to make progress towards and achieve
its energy transition goals and the timing thereof could differ materially from its expectations, and CenterPoint Energy may elect to modify or update such goals. Further, there can be no guarantee that CenterPoint Energy will sustain or achieve these goals. Certain of the
assumptions that could impact CenterPoint Energy’s ability to meet its energy transition goals and the timing thereof include, but are not limited to: GHG emission levels, service territory size, capacity needs and customer demand remaining in line with CenterPoint Energy’s
expectations when such goals were announced, including with respect to demand for services and in relation to the recent sale of CenterPoint Energy’s Louisiana and Mississippi natural gas LDC businesses and the announced sale of CenterPoint Energy’s Ohio natural gas LDC
business; the ability to appropriately estimate and effectively manage business opportunities from and maintain reliability in connection with new customers and load growth resulting from, among other things, expansion of data centers (associated with, among other things,
increasing demand for AI), energy refining and exports, advanced manufacturing and logistics in CenterPoint Energy's service territories; regulatory approvals related to Indiana Electric’s generation transition plan and our ability to obtain such approvals; the ability to execute
anticipated divestitures, portfolio optimizations or other strategic transactions; interconnection delays in the footprints of regional transmission organizations and/or interconnection costs; cost and affordability of customer rates and related concerns; customer demand for GHG
emission free or lower GHG emissions energy; impacts of regulations, legislation or other governmental action, including those related to our operation of certain generating facilities (including the U.S. Department of Energy’s December 2025 emergency 202(c) order directing
Indiana Electric to continue operating F.B. Culley Unit 2 through March 23, 2026), the environment and tax (including the effects of the OBBBA, Executive Order 14315, the IRA and any further changes to or the repeal of the renewable energy tax credits enacted in the IRA);
federal and state executive, legislative and regulatory actions (including regulatory uncertainty resulting from changes in federal energy policy) and support for certain types of generation; impacts of future carbon pricing regulation or legislation, including a future carbon tax; price,
availability and regulation of carbon offsets; price of fuel, such as natural gas; cost and technological development/innovation, adoption and commercialization of energy generation technologies, such as wind and solar, natural gas and storage solutions, and alternative energy,
including electric vehicles; CenterPoint Energy's ability to implement modernization plans for pipelines and facilities; the ability to complete and timely implement and maintain system reliability during and after transitioning to generation alternatives to Indiana Electric’s coal
generation; execution of the retirement or fuel conversion of Indiana Electric’s coal facilities on anticipated timelines or at all; the ability to construct and/or permit new natural gas pipelines; the ability to procure resources needed to build at a reasonable cost, the lack of or scarcity
of resources and labor, any project cancellations, construction delays or overruns (including as a result of changes in U.S. or foreign trade policies) and the ability to appropriately estimate costs of new generation; impact of any supply chain disruptions; changes in applicable
standards, metrics, methodologies or frameworks; and enhancement of energy efficiencies.
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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
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X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
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dei_LocalPhoneNumber
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
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Namespace Prefix:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
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Data Type:
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Balance Type:
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- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
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