Milton Carroll - CenterPoint Energy Executive Chairman of the Board

CNP Stock  USD 28.49  0.20  0.71%   

Chairman

Mr. Milton Carroll is a Executive Chairman of the Board of the Company. He was a director since 1992. He has served as Executive Chairman since June 2013 and previously served as Chairman from September 2002 until May 2013 since 2021.
Age 69
Tenure 3 years
Address 1111 Louisiana Street, Houston, TX, United States, 77002
Phone713 207 1111
Webhttps://www.centerpointenergy.com
Carroll has served as a director of Halliburton Company since 2006 and Western Gas Holdings, LLC, the general partner of Western Gas Partners, LP, since 2008. He has served as a director of Health Care Service Corporationration since 1998 and as its chairman since 2002. He previously served as a director of LyondellBasell Industries N.V. from July 2010 to July 2016 as well as LRE GP, LLC, the general partner of LRR Energy, L.P., from November 2011 to January 2014. The Board determined that Mr. Carroll should be nominated for election as a director due to his extensive knowledge of the Company and its operations gained in 25 years of service as a director of the Company, its predecessors and affiliates. The Board values Mr. Carroll’s knowledge of the oil and natural gas industry, board leadership skills and corporate governance expertise.

CenterPoint Energy Management Efficiency

The company has Return on Asset of 0.0277 % which means that on every $100 spent on assets, it made $0.0277 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0931 %, implying that it generated $0.0931 on every 100 dollars invested. CenterPoint Energy's management efficiency ratios could be used to measure how well CenterPoint Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CenterPoint Energy's Return On Capital Employed is relatively stable compared to the past year. As of 03/28/2024, Return On Equity is likely to grow to 0.1, while Return On Assets are likely to drop 0.01. As of 03/28/2024, Total Current Liabilities is likely to drop to about 3.3 B. In addition to that, Liabilities And Stockholders Equity is likely to drop to about 25.7 B
The company has 18.62 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. CenterPoint Energy has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist CenterPoint Energy until it has trouble settling it off, either with new capital or with free cash flow. So, CenterPoint Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CenterPoint Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CenterPoint to invest in growth at high rates of return. When we think about CenterPoint Energy's use of debt, we should always consider it together with cash and equity.

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

Management Performance

CenterPoint Energy Leadership Team

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

CenterPoint Stock Performance Indicators

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

Pair Trading with CenterPoint Energy

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

Moving together with CenterPoint Stock

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Moving against CenterPoint Stock

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

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Is CenterPoint Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CenterPoint Energy. If investors know CenterPoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CenterPoint Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.586
Dividend Share
0.77
Earnings Share
1.37
Revenue Per Share
13.782
Quarterly Revenue Growth
(0.20)
The market value of CenterPoint Energy is measured differently than its book value, which is the value of CenterPoint that is recorded on the company's balance sheet. Investors also form their own opinion of CenterPoint Energy's value that differs from its market value or its book value, called intrinsic value, which is CenterPoint Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CenterPoint Energy's market value can be influenced by many factors that don't directly affect CenterPoint Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CenterPoint Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CenterPoint Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CenterPoint Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.