The company said it issued or borrowed a combined $6.0 billion of new debt in 2023 and repaid or redeemed a combined $3.0 billion of debt in the same year.

1. 01

   The company said it issued or borrowed a combined $6.0 billion of new debt in 2023 and repaid or redeemed a combined $3.0 billion of debt in the same year.

2. 02

   CenterPoint Energy said it redeemed all of its Series A Preferred Stock for $800 million in cash on September 1, 2023, and closed the sale of Energy Systems Group for $154 million in cash on June 30.

3. 03

   The company said its capital plan through 2030 has increased to nearly $44 billion, and on January 10, 2024 it entered into an Equity Distribution Agreement for up to $500 million in common stock. It said that as of February 20, 2024 it had not issued any shares under that agreement.

4. 04

   On February 19, 2024, CenterPoint Energy, through its subsidiary CERC Corp., entered into the LAMS Asset Purchase Agreement to sell its Louisiana and Mississippi natural gas local distribution company businesses. The company said it expects the transaction to close in Q1 2025.

Key figures

Fiscal year ended December 31, 2023

Revenue

$8.6B

Operating income

$1.8B

Net income

$917M

EPS

$1.37

Operating cash flow

$3.9B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.