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CNP

Started by njshiva, October 24, 2006, 11:11:11 PM

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njshiva

CNP
nice chart.


basonista

She's not a fast mover but hovering around 6 year highs...

CenterPoint Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates in four segments: Electric Transmission and Distribution, Natural Gas Distribution, Competitive Natural Gas Sales and Services, and Pipelines and Field Services. The Electric Transmission and Distribution segment provides electric transmission and distribution services to municipalities, electric cooperatives, other distribution companies, and retail electric providers. As of December 31, 2005, it owned 27,026 pole miles of overhead distribution lines and 3,621 circuit miles of overhead transmission lines; 16,662 circuit miles of underground distribution lines and 18.8 circuit miles of underground transmission lines; and 225 substations. The Natural Gas Distribution segment engages in intrastate natural gas sales to, and natural gas transportation for, residential, commercial and industrial customers in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The Competitive Natural Gas Sales and Services segment offers variable and fixed-priced physical natural gas supplies primarily to commercial and industrial customers and electric and gas utilities; provides a portfolio of physical delivery services and financial products designed to meet wholesale customers' supply and price risk management needs; offers various natural gas management services to smaller commercial and industrial customers; and owns and operates approximately 210 miles of intrastate pipeline in Louisiana and Texas, as well as provides bundled and unbundled merchant and transportation services to shippers and end-users. The Pipelines and Field Services segment owns and operates approximately 8,200 miles of gas transmission lines, as well as 6 natural gas storage fields. The company was founded in 1882 is headquartered in Houston, Texas.