CenterPoint Energy is among the world’s largest Multi-Utilities sector businesses in the world. CenterPoint Energy’s employees generate $474.0M in profits on $9.348B of revenue. Global output in the Multi-Utilities business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but CenterPoint Energy is determined to remain a market leader. Sectoral leadership in the Multi-Utilities segment takes dedication and consistency, but management seeks out-sized growth.
CenterPoint Energy’s ticker symbol CNP has recently been trading near $17.55 a share. The CenterPoint Energy corporate headquarters in Houston, TX predicts Multi-Utilities profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $5.630B ensures sufficient liquidity. With a beta of 0.67, the company is less volatile than the market as a whole. When the average equity moves lower, CenterPoint Energy moves less aggressively.
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