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CenterPoint Energy (CNP) has an average rating of overweight and mean price target of $46.53, according to analysts polled by FactSet.Price: $44.17, Change: $+0.05, Percent Change: +0.11%
Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index down 0.7% and the State Street Energy Select Sector SPDR ETF (XLE) dropping 1%.The Philadelphia Oil Service Sector Index shed 2.8%, and the Dow Jones US Utilities Index was fractionally higher.President Donald Trump said talks with Iran were continuing and again threatened to destroy Iranian bridges and power plants if no deal is made, CNN reported. Iran's foreign ministry spokesman, Esmaeil Baghaei, said Tehran was not negotiating with the US but added that "intermediaries may convey messages from the American side to us regarding ongoing developments in the region," Al Jazeera reported.Front-month West Texas Intermediate crude oil fell 4.4% to $79.02 a barrel, and the global benchmark Brent crude contract dropped 5.1% to $83.89 a barrel. Henry Hub natural gas futures declined 4.2% to $2.65 per 1 million BTU.In corporate news, ExxonMobil (XOM) offers limited upside following its recent share-price gains, while Chevron (CVX) presents a stronger medium-term setup, BofA Securities said in a Tuesday note. BofA lowered its rating on ExxonMobil to neutral from buy while raising its price target to $158 from $154. BofA kept its buy rating on Chevron and increased its price target to $227 from $210. ExxonMobil shares shed 0.7%, and Chevron was down 0.8%.HF Sinclair (DINO) reported higher Q2 adjusted earnings and revenue, and raised its quarterly dividend. Separately, HF Sinclair said it plans to separate its Lubricants and Specialties segment into an independent publicly traded company. HF Sinclair shares were down 1.1%.CenterPoint Energy (CNP) shares rose 0.7% after its Q2 non-GAAP earnings and revenue rose year on year and beat analysts' estimates.TotalEnergies (TTE) said Tuesday that it and partner Eni (E) reached a final investment decision to develop the Cronos gas field offshore Cyprus, marking the country's first gas development project. TotalEnergies shares added 0.1%, and Eni were easing 0.4%.
Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index down 0.7% and the State Street Energy Select Sector SPDR ETF (XLE) dropping 1%.The Philadelphia Oil Service Sector Index shed 2.8%, and the Dow Jones US Utilities Index was fractionally higher.Front-month West Texas Intermediate crude oil fell 4.4% to $79.02 a barrel, and the global benchmark Brent crude contract dropped 5.1% to $83.89 a barrel. Henry Hub natural gas futures declined 4.2% to $2.65 per 1 million BTU.In corporate news, CenterPoint Energy (CNP) shares rose 0.6% after its Q2 non-GAAP earnings and revenue rose year on year and beat analysts' estimates.
CenterPoint Energy (CNP) highlighted rapidly accelerating electricity demand across its Houston service territory during its Q2 results on Tuesday, while outlining its growing pipeline of projects to support the region's growing power needs.The utility said it submitted more than 17 gigawatts of large-load projects through the Electric Reliability Council of Texas' Batch Zero interconnection process, with roughly 14 GW expected to qualify as either base-load, which are highly likely to materialize, or studied-load projects, which are more uncertain.If approved, the company noted that these projects could increase Houston's current peak 21 GW peak system demand by more than 65% by 2031.Jason Wells, the company's Chairman and CEO, called this the industry's "unprecedented and dynamic era of growth" while adding that higher system utilization from the new connections is expected to improve affordability for existing customers over time by spreading infrastructure costs across a larger customer base.
The US National Weather Service on Thursday said it expects continued impact of Tropical Storm Bertha on parts of the northern Gulf Coast stretching from the western Florida Panhandle to southeastern Louisiana through Thursday night.Dangerous heat is likely to spread from the Gulf Coast to the Southern Plains and Desert Southwest through the end of the week. Meanwhile, extreme heat conditions will moves from the Pacific Northwest to the Northern Plains region by the weekend, the agency said.The NWS early Thursday issued a tropical storm warning for Louisiana's Cameron, Abbeville, Morgan City, Franklin, New Iberia, Houma, and parts of New Orleans. Entergy's (ETR) Louisiana subsidiaries, Cleco, and American Electric Power (AEP) unit Southwestern Electric Power Company are the major power suppliers in Louisiana.In Texas, a tropical storm warning was raised for Port Arthur, Galveston, and Beaumont, while a flood warning was raised for George West and Cotulla. CenterPoint Energy (CNP), the Texas units of AEP and Entergy, SWEPCO, and TXNM Energy's (TXNM) TNMP are among the major electricity providers in these the state.A severe thunderstorm warning was issued for North Carolina's Rocky Mount, while a flash flood warning was raised for Winston Salem and Greensboro. These places primarily fall under the service area of Duke Energy (DUK). A flash flood warning was also raised for Colorado's Limon.The NWS issued an extreme heat warning for Arizona's Lake Havasu City, Kingman, Bullhead City, Bisbee, Sierra Vista, Benson, Willcox, Safford, San Carlos, Globe, Oracle, Oro Valley, Tucson, Green Valley, Nogales, Sells, Casa Grande, Ajo, Gila Bend, Phoenix, Yuma, Parker, and Dateland. The state is primarily served by Pinnacle West Capital (PNW) unit Arizona Public Service Company, and UNS Energy subsidiaries Unisource and Tucson Electric Power.Las Vegas and Beatty in Nevada, where Berkshire Hathaway Energy unit NV Energy is the primary service provider, were also covered under the extreme heat warning watch.Affected areas in California include Blythe, El Centro Imperial, Palm Springs, Twentynine Palms, Indio, Campo, Mount Laguna, Julian, Borrego Springs, Temecula, Hemet, Ontario, Chino, Riverside, Beaumont, Wrightwood, Victorville, San Bernandino, Barstow, Baker, Death Valley, Tehachapi, and Bishop. PG&E (PCG) subsidiary Pacific Gas and Electric, Edison International's (EIX) Southern California Edison, and Sempra Energy unit San Diego Gas & Electric are the major electricity service providers in these places.A red flag warning was issued for Oregon's Burns, Ontario, Baker City, John Day, La Grande, Enterprise, primarily served by PacifiCorp unit Pacific Power.In Washington, a red flag warning was raised for Forks, Port Angeles, Olympia, Centralia, Toledo, Randle, Omak, Coulee Dam, Republic, Winthrop, Wenatchee, Chelan, Colville, parts of Seattle and Tacoma. The state is primarily served by Puget Sound Energy, Pacific Power, and Avista (AVA) unit Avista Utilities.
The US National Weather Service said tropical storm conditions are likely in parts of the Gulf Coast stretching from the panhandle of Florida into Louisiana through Wednesday due to the presence of tropical storm Bertha.The NWS issued a tropical storm warning early Wednesday for Florida's De Funiak Springs, Pensacola and Panama City, primarily served by NextEra Energy (NEE) subsidiary Florida Power & Light.A similar warning was raised for Alabama's Mobile, which falls under the service area of Southern Company (SO) unit Alabama Power.Also covered under a tropical storm warning were New Orleans and parts of Houma in Louisiana. An extreme heat warning was issued for the remaining parts of the state, except for parts of Monroe and Shreveport. Entergy's (ETR) Louisiana subsidiaries, Cleco, and American Electric Power (AEP) unit Southwestern Electric Power Company are the major power suppliers in Louisiana.An extreme heat warning was raised for Mississippi's Vicksburg, Jackson, Brookhaven, Natchez, McComb, Hattiesburg, while Gulfport was covered by a tropical storm warning. Southern Company unit Mississippi Power and Entergy's Mississippi unit are the primary service providers in the state.The NWS issued an extreme heat warning for the following places in Texas: Gainesville, Bowie, Sherman, Jacksboro, Decatur, Denton, Greenville, Sulphur Springs, Graham, Fort Worth, Dallas, Emory, Granbury, Canton, Waxahachie, Tyler, Athens, Stephensville, Lufkin, Corsicana, Cleburns, Hillsboro, Palestine, Waco, Fairfield, Gatesville, Temple, Centerville, Cameron, Hearne, Bryan, Beaumont, Galveston, Bay City, and Houston. Meanwhile, a flood warning was raised for Cotulla and George West.CenterPoint Energy (CNP), the Texas units of AEP and Entergy, SWEPCO, and TXNM Energy's (TXNM) TNMP are among the major electricity providers in these places.In Arizona, a similar warning was raised for Parker, Yuma, Dateland, Gila Bend, Phoenix, Casa Grande, Wickenburg, Lake Havasu City, Kingman, and Bullhead City. The state is primarily served by Pinnacle West Capital (PNW) unit Arizona Public Service Company, and UNS Energy subsidiaries Unisource and Tucson Electric Power.Las Vegas and Beatty in Nevada, where Berkshire Hathaway Energy unit NV Energy is the primary service provider, were also covered under the extreme heat warning watch.Affected areas in California include Blythe, El Centro Imperial, Palm Springs, Twentynine Palms, Death Valley, Baker, Barstow, Palmdale, Campo, Mount Laguna, Julian, Borrego Springs, Indio, Temecula, Ontario, Chino, Riverside, Victorville, Hemet, Beaumont, and Wrightwood. PG&E (PCG) subsidiary Pacific Gas and Electric, Edison International's (EIX) Southern California Edison, and Sempra Energy unit San Diego Gas & Electric are the major electricity service providers in these places.The NWS issued a red flag warning for Oregon's Lakeview, Adel, Klamath Falls, Ashland, Medford, Shady Cove, Paisley, Silver Lake, Chemult, Crater Lake, Chiloquin, Bly, Burns, Madras, Prineville, Redmond, Cottage Grove, Williamette Pass, and Bend. These places are primarily served by PacifiCorp unit Pacific Power.A flash flood was raised for Lawrenceburg, Centerville, and places near Clarksville in Tennessee, served by the Tennessee Valley Authority. Similar warnings were also raised for parts of Virginia, West Virginia, and Maryland.Some areas of West Virginia and Ohio were also covered under a flood warning.
The US National Weather Service on Tuesday said tropical storm conditions due to Tropical Storm Bertha are likely in parts of the Florida Panhandle and Alabama coast through Wednesday, with a tropical storm watch and storm surge watch in effect.Meanwhile, the region stretching from the Ohio Valley into the Mid-Atlantic and the Northeast are expected to face several severe thunderstorms and heavy rainfall on Tuesday, the agency said.The NWS issued an extreme heat warning early Tuesday for almost the entirety of Arizona, except Marshall and Fayetteville. Entergy's (ETR) Arkansas unit, OGE Energy (OGE) subsidiary Oklahoma Gas and Electric, and American Electric Power's (AEP) Southwestern Electric Power Company are the major electric service providers in the state.Affected areas in Oklahoma include Enid, Ponca City, Bartlesville, Stillwater, Tulsa, Chandler, Muskogee, Oklahoma City, Ada, McAlester, Durant, Ardmore, Atoka, Grove, Hugo, Muskogee, and Alva. The state's main service providers are Oklahoma Gas & Electric and American Electric Power subsidiary Public Service Co. of Oklahoma.An extreme heat warning was also issued for Missouri's Poplar Bluff, Cape Girardeau, Sikeston, primarily served by Ameren's (AEE) Missouri unit; Carbondale, Mount Vernon, and Carmi in Illinois, primarily served by Ameren's Illinois unit; and Kentucky's Owensboro, Madisonville, and Hopkinsville, where CenterPoint Energy (CNP) and AEP's Kentucky Power are among the major service providers.A similar warning was also raised for Anthony, Wellington, Arkansas City, Sedan, Howard, and Fredonia in Kansas, where Evergy (EVRG) is among the major service providers; Jackson and Dyersburg in Tennessee, served by the Tennessee Valley Authority; and Evansville in Indiana.An extreme heat warning was also raised for Mississippi's Cleveland, Grenada, Greenwood, Greenville, Vicksburg, Jackson, Natchez, Brookhaven, and Clarksdale, while a tropical storm warning was raised for Gulfport. Southern Company (SO) unit Mississippi Power and Entergy's Mississippi unit are the primary service providers in the state.In Texas, an extreme heat warning was also raised for Sherman, Gainesville, Paris, Denton, Greenville, Sulphur Springs, Forth Worth, Dallas, Emory, Canton. Meanwhile, a flood warning was raised for Cotulla, George West, Refugio, and Presidio. AEP's Texas unit and Sempra's (SRE) Oncor are among the major service providers in these places.Also placed under an extreme heat warning watch were Louisiana's Bastrop, Monroe and Alexandria, while a tropical storm warning was issued for New Orleans. Entergy's Louisiana subsidiaries, Cleco, and Southwestern Electric Power Company are the major power suppliers in Louisiana.The NWS issued a flash flood warning for Las Vegas and Beatty in Nevada, where Berkshire Hathaway Energy unit NV Energy is the primary service provider.In Arizona, a similar warning was raised for Parker, Yuma, Dateland, Gila Bend, Phoenix, Casa Grande, Nogales, Lake Havasu City, Kingman, and Bullhead City. The state is primarily served by Pinnacle West Capital (PNW) unit Arizona Public Service Company, and UNS Energy subsidiaries Unisource and Tucson Electric Power.Affected areas in California include Blythe, El Centro Imperial, Palm Springs, Twentynine Palms, Death Valley, Baker, Barstow, Blythe, Mount Laguna, Julian, Borrego Springs, Indio, Beaumont, Victorville, and Wrightwood. PG&E (PCG) subsidiary Pacific Gas and Electric, Edison International's (EIX) Southern California Edison, and Sempra Energy unit San Diego Gas & Electric are the major electricity service providers in these places.A flash flood warning was also raised for Des Moines in Iowa, while a tropical storm warning was issued for Mobile in Alabama.The NWS issued a red flag warning for Oregon's Bend, Burns, Prineville, Madras, Redmond, where PacifiCorp's Pacific Power is the major service provider.
CenterPoint Energy Raises Quarterly Dividend to $0.24 per Share From $0.23, Payable Sept. 10 to Shareholders as of Aug. 20
Dangerous, record-breaking heat will continue across parts of central and eastern US through Friday before shifting its focus across the entire eastern US through the Independence Day holiday weekend, the US National Weather Service said.Temperatures could potentially reach a peak of nearly 115 degrees Fahrenheit.The region stretching from the northern/central Plains into the Midwest, Ohio Valley, and Mid-Atlantic is likely to experience severe thunderstorms in places on Friday.The NWS early Friday issued a red flag warning for Colorado's Montrose, Gunnison, Nucla, Buena Vista, Cortez, Durango, Lake City, Alamosa, Telluride, Leadville, Creede, Wolf Creek Pass, Saguache, South Fork, Salida, San Luis, Trinidad, Canon City, Colorado Springs, Pikes Peak, Fairplay and Woodland Park.Pueblo and Westcliffe were placed under an evacuation immediate watch.Xcel Energy (XEL) and Black Hills (BKH) unit Black Hills Energy are the primary electricity service providers in Colorado.The NWS issued an extreme heat warning for the entirety of Ohio and Kentucky. The Ohio-based subsidiaries of American Electric Power (AEP) and AES (AES), FirstEnergy (FE) units Ohio Edison, Toledo Edison, and The Illuminating Company, and Duke Energy (DUK) are among the major service providers in Ohio.Kentucky is primarily served by PPL (PPL) subsidiary Louisville Gas and Electric & Kentucky Utilities, AEP unit Kentucky Power, and Duke Energy among others.An extreme heat warning was also raised for the entirety of New Jersey, Rhode Island, Delaware, Massachusetts, and Connecticut.Eversource Energy (ES), National Grid (NGG), Exelon (EXC) unit Delmarva Power, Public Service Enterprise Group (PSEG) unit Public Service Electric & Gas, FirstEnergy subsidiary Jersey Central Power & Light, Avangrid unit The United Illuminating Company, Unitil, PPL subsidiary Rhode Island Energy are among the major service providers in these states.Almost all of Maryland, except for Oakland and parts of Cumberland, were also placed under an extreme heat watch.The state is primarily served by Exelon units Baltimore Gas and Electric and Potomac Electric Power Company, First Energy subsidiary Potomac Edison and Delmarva Power.An extreme heat warning was also raised for almost all of Indiana, except for South Bend, Warsaw, Plymouth, Angola, and Gary; and for a majority of Illinois barring Princeton, Freeport, Rockford, Dixon, Ottawa, Joliet, Delkalb, Waukegan, Aurora, and Chicago. Also in Illinois, Aurora and Delkalb were placed under a flash flood warning, while a flood warning was raised for Canton, Havana, Jacksonville, areas near Carlinville, and Olney.Indiana is primarily served by Duke Energy, AEP subsidiary Indiana Michigan Power, NiSource (NI) unit Northern Indiana Public Service Company, AES unit AES Indiana, and CenterPoint Energy (CNP). Ameren's (AEE) Illinois unit and Exelon subsidiary ComEd are among the major service providers in Illinois,Also covered under an extreme heat warning watch were Missouri's Rockport, Grant City, Maryville, Bethany Trenton, Kirksville, St. Joseph, Plattsburg, Chillicothe, Carrollton, Moberly, Macon, Boonville, Sedalia, Centerville, Poplar Bluff, Sikeston, Cape Girardeau, Jefferson City, Clinton, Buttler, Harrisonville, Warrensburg, Kansas City, Columbia and St. Louis. Evergy (EVRG), Ameren's Missouri unit, and Algonquin Power & Utilities (AQN) subsidiary Liberty are the major service providers in Missouri.In New York, a similar warning was used for Geneva, Ithaca, Elmira, Syracuse, Binghamton, Utica, Oneonta, Monticello, Poughkeepsie, Middletown, Newburgh, New York, Peekskill, Saratoga Spring, Glens Falls, Albany, Herkimer, and Plattsburgh. Consolidated Edison (ED) units Consolidated Edison Company of New York and Orange & Rockland, National Grid (NGG), Avangrid subsidiaries New York State Electric & Gas and Rochester Gas and Electric, and Fortis unit Central Hudson Gas & Electric are among the major suppliers in New York.Michigan's Detroit, Ann Harbour, Fort Huron, and Flint, primarily served by CMS Energy (CMS) unit Consumers Energy, and DTE Energy (DTE), were also covered under an extreme heat warning.Affected areas in Pennsylvania include Clarion, Butler, Pittsburgh, Indiana, Altoona, Gettysburg, Lancaster, York, Harrisburg, Williamsport, State College, Lock Haven, Scranton, Reading, Allentown. The state is primarily served by Exelon unit PECO Energy, PPL subsidiary PPL Electric Utilities, Duquesne Light Company and FirstEnergy through its various subsidiaries.In West Virginia, Moorefield, Kaiser, Martinsburg, Huntington, Charleston, Sutton, Parkersburg, Clarksburg, Fairmont, and Morgantown were placed under an extreme heat warning. These places primarily fall under the service area of American Electric Power's Appalachian Power Company and FirstEnergy subsidiaries Mon Power and Potomac Edison.A similar warning was raised for Virginia's Winchester, Leesburg, Luray, Washington, Warrenton, Fredericksburg, Culpeper, Dale City, Charlottesville, Emporia, Franklin, South Hill, Virginia Beach, Richmond, Farmville, Williamsburg, Ashland, Louisa, Tappahannock, and Accomac. Appalachian Power Company and Dominion Energy (D) are the major electric utility service providers in the state.Affected areas in Iowa included Lamoni, Ottumwa, Burlington and Keokuk. Decorah and Charles City were covered under a flood warning, while Des Moines was placed under watch for flash floods. Berkshire Hathaway Energy unit MidAmerican Energy and Alliant Energy (LNT) are primary service providers in the state.Extreme heat warnings were also issued for parts of Kansas, Tennessee, North Carolina, Vermont, Maine and New Hampshire.The NWS also raised flash flood warnings for parts of Nebraska and South Dakota, while small pockets of Minnesota, Louisiana, Mississippi, and Georgia were placed under a flood warning.
The US National Weather Service early Thursday said it expects most of central and eastern US to continue experiencing dangerous, record-breaking heat this week, with the potential for temperatures over 100 degrees Fahrenheit.The Four Corners region is like to face critical fire weather conditions.Meanwhile, the region stretching from the northern Plains into the Midwest, the Great Lakes regions, and southern Appalachians are expected to experience severe storms, which will also carry the risk of large to very large hail.The NWS issued a red flag warning early Thursday for New Mexico's Raton, Clayton, Roy, and Las Vegas. TXNM Energy (TXNM) unit Public Service Co. of New Mexico and Xcel Energy (XEL) are among the primary electricity suppliers in New Mexico.A similar warning was raised for Utah's Bluff, Blanding, Moab, and Monticello, which primarily fall under the service area of PacifiCorp's Rocky Mountain Power.Affected areas in Colorado included Rifle, Vail, Grand Junction, Aspen, Montrose, Gunnison, Nucla, Buena Vista, Cortez, Durango, Lake City, Alamosa, Telluride, Leadville, Creede, Wolf Creek Pass, Saguache, South Fork, Salida, San Luis, Trinidad, La Veta Pass, Canon City, Colorado Springs, Westcliff, Pikes Peak, Woodland Park, Fairplay, and Pueblo. An immediate evacuation order was placed for Pueblo and Greeley, which was also covered by severe thunderstorm and flash flood warnings.Xcel Energy and Black Hills (BKH) unit Black Hills Energy are the primary electricity service providers in Colorado.The NWS issued an extreme heat warning for the entirety of Ohio, Indiana, Kentucky, and Illinois.The Ohio-based subsidiaries of American Electric Power (AEP) and AES (AES), FirstEnergy (FE) units Ohio Edison, Toledo Edison, and The Illuminating Company, and Duke Energy (DUK) are among the major service providers in Ohio. Indiana is primarily served by Duke Energy, AEP subsidiary Indiana Michigan Power, NiSource (NI) unit Northern Indiana Public Service Company, AES unit AES Indiana, and CenterPoint Energy (CNP).Ameren's (AEE) Illinois unit and Exelon (EXC) subsidiary ComEd are among the major service providers in Illinois, while Kentucky is primarily served by PPL (PPL) subsidiary Louisville Gas and Electric & Kentucky Utilities, AEP unit Kentucky Power, and Duke Energy among others.An extreme heat warning was also raised for the entirety of New Jersey, Rhode Island, Delaware, Massachusetts, and Connecticut.Eversource Energy (ES), National Grid (NGG), Exelon unit Delmarva Power, Public Service Enterprise Group (PSEG) unit Public Service Electric & Gas, FirstEnergy subsidiary Jersey Central Power & Light, Avangrid unit The United Illuminating Company, Unitil, PPL subsidiary Rhode Island Energy are among the major service providers in these states.Almost all of Maryland, except for Oakland and parts of Cumberland, were also placed under an extreme heat warning watch. The state is primarily served by Exelon units Baltimore Gas and Electric and Potomac Electric Power Company, First Energy subsidiary Potomac Edison and Delmarva Power.Affected areas in Iowa included Des Moines, Osceola, Lamoni, Ottumwa, Iowa City, Davenport, Clinton, and Burlington. Berkshire Hathaway Energy unit MidAmerican Energy and Alliant Energy (LNT) are the primary service providers in the state.Also covered under an extreme heat warning watch were Missouri's Rockport, Grant City, Maryville, Bethany Trenton, Kirksville, St. Joseph, Plattsburg, Chillicothe, Carrollton, Moberly, Macon, Boonville, Sedalia, Clinton, Buttler, Harrisonville, Warrensburg, Kansas City, Columbia, Jefferson City, Centerville, Poplar Bluff, Sikeston, Cape Girardeau, and St. Louis. Evergy (EVRG), Ameren's Missouri unit, and Algonquin Power & Utilities (AQN) subsidiary Liberty are the major service providers in Missouri.The NWS issued also issued an extreme heat warning for Michigan's Ludington, Holland, Pentwater, Kalamazoo, Big Rapids, Clare, Mount Pleasant, Muskegon, Alma, Ionia, Grand Rapids, Flint, Hastings, South Haven, Lansing, Jackson, Benton Harbour, Cold Water, Ann Harbour, Bad Axe, Saginaw, Detroit, and Port Huron. CMS Energy (CMS) unit Consumers Energy, and DTE Energy (DTE) are among the major service providers in these places.Wisconsin's Wisconsin Dells, Sheboygan, Beaver Dam, Madison, Janesville, Mineral Point, Kenosha, and Milwaukee were also placed under a similar warning. A flash flood warning was raised for Stevens Point. WEC Energy Group's (WEC) Wisconsin Public Service, Xcel Energy, and Alliant Energy are among the major service providers in the state.In New York, a similar warning was used for Geneva, Ithaca, Elmira, Syracuse, Binghamton, Utica, Monticello, Poughkeepsie, Middletown, Newburgh, New York, Peekskill, Niagara Falls, Rochester, Dansville, Fulton, Oneonta, Saratoga Spring, Glens Falls, Albany, Poughkeepsie, Herkimer, and Plattsburgh. Consolidated Edison (ED) units Consolidated Edison Company of New York and Orange & Rockland, National Grid, Avangrid subsidiaries New York State Electric & Gas and Rochester Gas and Electric, and Fortis unit Central Hudson Gas & Electric are among the major suppliers in New York.The NWS also issued extreme heat warnings for a majority of Pennsylvania and New Hampshire, large parts of Virginia, West Virginia, Arkansas, and Tennessee, and parts of Vermont, Maine, Kansas, Alabama, Georgia, and Mississippi.Flood warnings were also raised for parts of Illinois, Kentucky, and small pockets of Louisiana, Mississippi, and Arkansas. A flash flood warning was issued for Scott City in Kansas.
The US National Weather Service early Wednesday said a majority of central and eastern US is expected to experience the intensification of dangerous, record-breaking heat this week, with heat value indices likely to exceed 100 degrees Fahrenheit.Meanwhile, portions of the Four Corners and Great Basin are expected to experience continued critical fire weather conditions.Parts of the region stretching from the central High Plains into the Upper Midwest, and across parts of the Northeast are likely to encounter severe thunderstorms.The NWS early Wednesday issued a red flag warning for Utah's Bluff, Blanding, Moab, and Monticello, which primarily fall under the service area of PacifiCorp's Rocky Mountain Power.A similar warning was raised for Colorado's Rifle, Vail, Grand Junction, Aspen, Montrose, Gunnison, Nucla, Buena Vista, Cortez, Durango, Lake City, Alamosa, Telluride, Leadville, Creede, Wolf Creek Pass, Saguache, South Fork, Salida, San Luis, Trinidad, Kim, La Junta, Pikes Peak, Canon City, Colorado Springs, Fairplay, Castle Rock, and Georgetown. An immediate evacuation notice was issued for certain pockets between West Cliff and Pueblo. Xcel Energy and Black Hills (BKH) unit Black Hills Energy are the primary electricity service providers in Colorado.The NWS issued extreme heat warning for the entirety of Ohio, Indiana, Kentucky, and Illinois.The Ohio-based subsidiaries of American Electric Power (AEP) and AES (AES), FirstEnergy (FE) units Ohio Edison, Toledo Edison, and The Illuminating Company, and Duke Energy (DUK) are among the major service providers in Ohio. Indiana is primarily served by Duke Energy, AEP subsidiary Indiana Michigan Power, NiSource (NI) unit Northern Indiana Public Service Company, AES unit AES Indiana, and CenterPoint Energy (CNP).Ameren's (AEE) Illinois unit and Exelon (EXC) subsidiary ComEd are among the major service providers in Illinois, while Kentucky is primarily served by PPL (PPL) subsidiary Louisville Gas and Electric & Kentucky Utilities, AEP unit Kentucky Power, and Duke Energy among others.Affected areas in Iowa included Fort Dodge, Waterloo, Ames, Marshalltown, Des Moines, Cedar Rapids, Osceola, Lamoni, Ottumwa, Iowa City, Dubuque, Davenport, Clinton, and Burlington. Berkshire Hathaway Energy unit MidAmerican Energy and Alliant Energy (LNT) are primary service providers in the state.Also covered under an extreme heat warning watch were Missouri's Rockport, Grant City, Maryville, Bethany Trenton, Kirksville, St. Joseph, Plattsburg, Chillicothe, Carrollton, Moberly, Macon, Boonville, Sedalia, Clinton, Buttler, Harrisonville, Warrensburg, Kansas City, Columbia, Jefferson City, Centerville, Poplar Bluff, Sikeston, Cape Girardeau, and St. Louis. Evergy (EVRG), Ameren's Missouri unit, and Algonquin Power & Utilities (AQN) subsidiary Liberty are the major service providers in Missouri.The NWS issued also issued an extreme heat warning for Michigan's Ludington, Holland, Pentwater, Kalamazoo, Big Rapids, Clare, Mount Pleasant, Muskegon, Alma, Ionia, Grand Rapids, Flint, Hastings, South Haven, Lansing, Jackson, Benton Harbour, Cold Water, Ann Harbour, Bad Axe, Saginaw, Detroit, and Port Huron. CMS Energy (CMS) unit Consumers Energy, and DTE Energy (DTE) are among the major service providers in these places.Wisconsin's Wisconsin Dells, Sheboygan, Beaver Dam, Madison, Janesville, Mineral Point, Kenosha, and Milwaukee were also placed under a similar warning. WEC Energy Group's (WEC) Wisconsin Public Service, Xcel Energy, and Alliant Energy are among the major service providers in the state.In the Northeast, the NWS issued an extreme heat warning for the entirety of New Jersey, Rhode Island, Delaware, Massachusetts, and Connecticut.Eversource Energy (ES), National Grid (NGG), Exelon unit Delmarva Power, Public Service Enterprise Group (PSEG) unit Public Service Electric & Gas, FirstEnergy (FE) subsidiary Jersey Central Power & Light, Avangrid unit The United Illuminating Company, Unitil, PPL subsidiary Rhode Island Energy are among the major service providers in these states.Warnings for extreme heat were also issued for large portions of Pennsylvania, New York, West Virginia, New Hampshire, and parts of Maryland, Vermont, Tennessee, Mississippi, Alabama, Maine, Kansas, and small pockets of Arkansas.The NWS also issued severe thunderstorm warnings for parts of South Dakota and Iowa, while flood warnings were raised for certain areas in Illinois, Louisiana, Kentucky, Mississippi, and Arkansas.
CenterPoint Energy (CNP) has an average rating of overweight and mean price target of $46.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
The US National Weather Service early Tuesday forecast intensification of dangerous, record-breaking heat across a majority of central and eastern US this week, with heat expected to persist through the Independence Day holiday weekend in the eastern US.The heat value indices are expected to exceed 100 degrees Fahrenheit, the agency said.Meanwhile, portions of the Four Corners and Great Basin are expected to experience critical fire weather conditions on Tuesday due to the presence of dry conditions and gusty winds.The NWS early Tuesday issued a red flag warning for Utah's Bluff, Blanding, Moab, Monticello, Vernal, Green River, Price, Capitol Reef National Park, and areas near Escalante. These places primarily fall under the service area of PacifiCorp's Rocky Mountain Power.A similar warning was raised for Colorado's Craig, Rangely, Meeker, Rifle, Vail, Steamboat Springs, Grand Junction, Aspen, Montrose, Gunnison, Nucla, Buena Vista, Cortez, Durango, Lake City, Alamosa, Telluride, Kremmling, Leadville, Creede, Wolf Creek Pass, Saguache, South Fork, Salida, San Luis, Trinidad, Kim, La Junta, Pikes Peak, Canon City, Colorado Springs, Saguache, Granby, Georgetown, Ordway, Fairplay, and parts of Boulder, Fort Collins, and Castle Rock. An immediate evacuation notice was issued for West Cliff and Pueblo.Xcel Energy (XEL) and Black Hills (BKH) unit Black Hills Energy are the primary electricity service providers in Colorado.Also covered under a red flag warning watch were Arizona's Winslow, Show Low, St. Johns, parts of Chinle, and areas near Flagstaff and Grand Canyon Village, primarily served by Pinnacle West Capital (PNW) unit Arizona Public Service Company.Affected areas in Nebraska include Harrison, Chadron, Scottsbluff, Bridgeport, Alliance, Harrisburg, Kimball, and Sidney. A major part of the state is covered under the service area of regional transmission organization Southwest Power Pool, with Midcontinent ISO also serving some areas.A red flag warning was also issued for Wyoming's Glenrock, Bill, Lusk, Lance Creek, Glendo, Douglas, Torrington, Wheatland, Chugwater, Cheyenne, and Newcastle, which primarily fall under the service area of Rocky Mountain Power.The NWS issued extreme heat warning for the entirety of Ohio, Indiana, Kentucky, and Illinois.The Ohio-based subsidiaries of American Electric Power (AEP) and AES (AES), FirstEnergy (FE) units Ohio Edison, Toledo Edison, and The Illuminating Company, and Duke Energy (DUK) are among the major service providers in Ohio. Indiana is primarily served by Duke Energy, AEP subsidiary Indiana Michigan Power, NiSource (NI) unit Northern Indiana Public Service Company, AES unit AES Indiana, and CenterPoint Energy (CNP).Ameren's (AEE) Illinois unit and Exelon (EXC) subsidiary ComEd are among the major service providers in Illinois, while Kentucky is primarily served by PPL (PPL) subsidiary Louisville Gas and Electric & Kentucky Utilities, AEP unit Kentucky Power, and Duke Energy among others.Most of Iowa, except for Storm Lake, Sioux City, and parts of Estherville, primarily served by Berkshire Hathaway Energy unit MidAmerican Energy and Alliant Energy (LNT), were also covered under an extreme heat warning watch.A large part of Wisconsin, except for Rice Lake, Eau Claire, Rhinelander, Park Falls, and Hayward, were also placed under a similar warning. WEC Energy Group's (WEC) Wisconsin Public Service, Xcel Energy, and Alliant Energy are among the major service providers in Wisconsin.Affected areas in Missouri include Rockport, Grant City, Maryville, Bethany Trenton, Kirksville, St. Joseph, Plattsburg, Chillicothe, Carrollton, Moberly, Macon, Boonville, Sedalia, Clinton, Buttler, Harrisonville, Warrensburg, Kansas City, Columbia, Jefferson City, Centerville, Poplar Bluff, Sikeston, Cape Girardeau, and St. Louis. Evergy (EVRG), Ameren's Missouri unit, and Algonquin Power & Utilities (AQN) subsidiary Liberty are the major service providers in Missouri.In Kansas, where Evergy is among the major service providers, an extreme heat warning was issued for Topeka, Ottawa, Paola, Iola, Olathe, Leavenworth, Atchison, Concordia, Manhattan, and Emporia.An extreme heat warning was also raised for Michigan's Ludington, Holland, Pentwater, Kalamazoo, Big Rapids, Clare, Mount Pleasant, Muskegon, Alma, Ionia, Grand Rapids, Flint, Hastings, South Haven, Lansing, Jackson, Benton Harbour, Cold Water, Ann Harbour, Bad Axe, Saginaw, Detroit, and Port Huron. CMS Energy (CMS) unit Consumers Energy, and DTE Energy (DTE) are among the major service providers in these places.An extreme heat warning was also raised for a majority of New Jersey, Connecticut, Massachussets and Tennessee, large parts of West Virginia and Pennsylvania, and portions of New York.Meanwhile, flood warning were issued for parts of Montana, Illinois, Kansas, Louisiana, Oklahoma, Arkansas, and Mississippi.
The US National Weather Service on Wednesday said parts of central US are expected to experience multiple rounds of thunderstorms, with risks of persistent severe weather and flooding threats over the next two days.Dangerous heat is forecast in southern and western US through mid-week, while fire weather concerns are likely in the Intermountain West due to hot and dry conditions and dry thunderstorms, the agency said.The NWS early Wednesday issued a red flag warning for Colorado's Leadville, Buena Vista, Saguache, Salida, Alamosa, San Luis, and Fairplay. A severe thunder storm warning was raised for Limon, Colorado Springs, and areas near Trinidad, La Junta, and Pueblo. Pueblo and Colorado Springs were also placed under a flash flood warning watch, along with areas near La Veta Pass and Trinidad. Trinidad was also listed under a tornado warning alert.Xcel Energy (XEL) and Black Hills (BKH) unit Black Hills Energy are the primary electricity service providers in Colorado.In California, a red flag warning was raised for Baker, Barstow, Victorville, Twenty-Nine Palms, and areas near Wrighthood and Big Bear Lake, while an extreme heat warning was issued for Borrego Springs, Julian, Mount Laguna, Blythe and El Centro Imperial. These places are primarily served by Edison International's (EIX) Southern California Edison and Sempra Energy (SRE) unit San Diego Gas & Electric.An extreme heat warning was issued for Arizona's Parker, Yuma, Phoenix, Globe, Tucson, Nogales, San Carlos, Safford, Oracle, Oro Valley, Benson, Green Valley, Sierra Vista, Bisbee, and Wickenburg. Pinnacle West Capital (PNW) unit Arizona Public Service Company, and UNS Energy subsidiaries Unisource and Tucson Electric Power are the major electric utility providers in Arizona.The NWS issued a flood warning for Louisiana's Lake Charles, Jennings, Oberlin, Glenmora, Markleeville, Ville Platte, Opelousas, and areas bordering Mississippi and Arkansas. Entergy's (ETR) Louisiana unit, American Electric Power's (AEP) Southwestern Electric Power Company, and Cleco are among the major service providers in Louisiana.In Texas, a similar warning was raised for George West, Beaumont, Bryan, and Lufkin. These places are majorly served by the Texas units of American Electric Power and Entergy, and Centrepoint Energy (CNP).Affected areas in Illinois include Olney, Champaign, Decatur, Peru, Peoria, Pekin, Havana, Canton, Macomb, Jacksonville, Ottawa, and areas bordering Indiana and Missouri. Ameren's (AEE) Illinois unit and Exelon (EXC) subsidiary ComEd are among the major service providers in Illinois.Mississippi's Hattiesburg, Gulfport, Vicksburg, Brookhaven, Jackson, and areas near Meridian, primarily served by Southern Company (SO) unit Mississippi Power, were also placed under a flood warning watch.The NWS also issued flood warnings for Pensacola and DeFuniak Springs in Florida, where NextEra Energy (NEE) unit Florida Power & Light Company is the primary service provider; and Demopolis and Monroeville in Alabama, primarily served by Southern Company unit Alabama Power.Flood warnings were also issued for parts of Washington, Indiana, Arkansas, Kansas, Nebraska, Iowa, and Oklahoma.
The US National Weather Service said there was a possibility of severe thunderstorms in the Mid-Atlantic through Tuesday, while the central/southern Plains were likely to experience severe thunderstorms and heavy rain on Tuesday and Wednesday.Hazardous heat is likely to persist across the southern US and spread across the West through the middle of the week, while elevated to critical fire weather conditions are expected in the Four Corners region due to hot and dry weather, the agency said.The NWS issued a red flag warning early Monday for Utah's Richfield, Delta, Milford, St. George, Zion National Park, Zion National Park, Escalante, Bryce Canyon National Park, Capitol Reef National Park, Green River, Moab, Monticello, Blanding, Bluff and Cedar City. These places are primarily served by PacifiCorp's Rocky Mountain Power.In Colorado, a similar warning was raised for Craig, Meeker, Steamboat Springs, Kremmling, Grand Junction, Aspen, Buena Vista, Rifle, Vail, Montrose, Nucla, Gunnison, Lake City, Telluride, Alamosa, Pagosa Springs, Durango, Cortez, Salida, South Fork, Creede, Wolf Creek Pass, Saguache, San Luis, Leadville, Canon City, Granby, Georgetown, and Fairplay. Xcel Energy (XEL) and Black Hills (BKH) unit Black Hills Energy are the primary service providers in the state.Affected areas in Oregon included The Dalles, Maupin, Madras, Fossil, Condon, Hermiston, and Pendleton, primarily served by PacifiCorp's Pacific Power.The NWS an extreme heat warning for Arizona's Parker, Yuma, Tucson, Globe, Phoenix, Wickenburg, Nogales, San Carlos, Oracle, Oro Valley, Benson, Green Valley, Sierra Vista, Safford, and Grand Canyon Village. Pinnacle West Capital (PNW) unit Arizona Public Service Company, and UNS Energy (UNS) subsidiaries Unisource and Tucson Electric Power are the major electric utility providers in Arizona.An extreme heat warning was also raised for California's El Centro Imperial, and Blythe, primarily served by Edison International's (EIX) Southern California Edison.The NWS issued a flash flood warning for Louisiana's Monroe and areas near Shreveport, while a flood warning was raised for Lake Charles, Jennings, Oberlin, Glenmora, Marksville, Opelousas, and areas bordering Mississippi and Arkansas. Entergy's (ETR) Louisiana unit, American Electric Power's (AEP) Southwestern Electric Power Company, and Cleco are among the major service providers in Louisiana.In Texas, a flood warning was issued for George West, Beaumont, Bryan, and Lufkin. These places are majorly served by the Texas units of American Electric Power and Entergy, and Centrepoint Energy (CNP).Mississippi's Hattiesburg, Gulfport, Vicksburg, Brookhaven, Laurel, Meridian, and Jackson, primarily served by Southern Co. (SO) unit Mississippi Power, were also placed under a flood warning watch.Affected areas in Kansas, where Evergy (EVRG) is among the major service providers include, Wellington, Arkansas City, Hutchinson, Wichita, Iola, and Coffeyville.The NWS also issued flood warnings for Pensacola and DeFuniak Springs in Florida, where NextEra Energy (NEE) unit Florida Power & Light is the primary service provider; and Demopolis, Monroeville, and Huntsville in Alabama, primarily served by Southern Company unit Alabama Power.In Illinois, a flood warning was raised for Princeton, Peoria, Galesburg, Macomb, Canton, Decatur, Champaign, Havana, Jacksonville, Olney, and areas bordering Missouri and Indiana. Ameren's (AEE) Illinois unit and Exelon (EXC) subsidiary Commonwealth Edison are among the major service providers in Illinois.The NWS also issued flash flood warnings for areas near Beckley and Charleston in West Virginia and small pockets of New Jersey and New York.Flood warnings were also raised for certain pockets of Indiana, Oklahoma, Iowa, Missouri, Arkansas, Washington, West Virginia and Massachusetts.
The US National Weather Service said the central Plains to the Mid-Atlantic and Northeast US is likely to experience severe thunderstorms on Monday.Meanwhile, hazardous heat is forecast across the southern US, which is expected to extend into the West through mid-week. Interior Alaska and the Four Corners region are expected to encounter fire weather conditions, the agency said.The NWS issued a red flag warning early Monday for Colorado's Aspen, Buena Vista, Gunnison, Montrose, Nucla, Telluride, Lake City, Cortez, Durango, Alamosa, Pagosa Springs, and Grand Junction. Xcel Energy (XEL) and Black Hills (BKH) unit Black Hills Energy are the primary service providers in the state.A similar wasring was raised for Idaho's Arco, Shoshone, Twin Falls, Burley, Hailey and Pocatello, where Idacorp's (IDA) Idaho Power is the major service provider.An extreme heat warning was issued for Arizona's Grand Canyon Village, primarily served by Pinnacle West Capital's (PNW) unit Arizona Public Service Company.In Oklahoma, the NWS issued a tornado warning for Stillwater, while a severe thunderstorm warning was raised for Ponca City, Enid, Oklahoma City, Chickasha, Hobart, Clinton, and Beaver. Meanwhile, a flood warning was issued for Grove. OGE Energy (OGE) unit Oklahoma Gas & Electric and American Electric Power (AEP) subsidiary Public Service Co. of Oklahoma are the major electric utility service providers in the state.Also placed under a flood warning were Arkansas City, Iola, Fredonia, Coffeyville, Kingman, Anthony, Wellington, Oberlin, Colby, and Oakley in Kansas. Evergy (EVRG) is among the major electricity providers in Kansas.Affected areas in Texas included Beaumont, Lufkin, Bryan, George West, Centerville, Orange, Kirbyville, and Hearne. These places are majorly served by the Texas units of American Electric Power and Entergy (ETR), and Centrepoint Energy (CNP).Also placed under a flood warning watch were Louisiana's Lake Charles, De Quincy, Jennings, Oberlin, Glenmora, Marksville, Opelousas, and areas bordering Mississippi. Entergy's Louisiana unit, American Electric Power's Southwestern Electric Power Company, and Cleco are among the major service providers in Louisiana.Mississippi's Hattiesburg, Gulfport, Vicksburg, Brookhaven, Laurel, Meridian, and Jackson, primarily served by Southern Company (SO) unit Mississippi Power, were also listed under a flood warning watch.The NWS also issued flood warnings for Pensacola and DeFuniak Springs in Florida, where NextEra Energy (NEE) unit Florida Power & Light Company is the primary service provider; and Demopolis, Monroeville, Brewton and Mobile in Alabama, primarily served by Southern Company unit Alabama Power.In Illinois, a flood warning was raised for Ottawa, Peru, Peoria, Canton, Galesburg, Havana, Macomb, Jacksonville, Champaign, Decatur, Pekin, Olney, and Effingham, while small pockets were covered under a flash flood warning watch. Ameren's Illinois unit and Exelon (EXC) subsidiary ComEd are among the major service providers in Illinois.Indiana's Vincennes, Crawfordsville, Terre Haute, Gary, and Greensburg were also covered under a flood warning, while Jasper, Petersburg, and parts of Vincennes were placed under a flash flood warning watch. Duke Energy (DUK), the Indiana unit of AES (AES), and CenterPoint Energy are among the major electricity providers in these places.In Kentucky, a flash flood warning was raised for Owensboro and areas near Elizabethtown, while a flood warning was issued for Louisville. Parts of Elizabethtown was also covered under a severe thunderstorm warning watch.The NWS also issued flood warnings for certain pockets of Washington, Missouri, and Iowa.
US Energy Secretary Chris Wright on Thursday extended an emergency order issued to prolong the life of several generation units at two Indiana coal-fired power plants that were due to shut down in late 2025, the US Department of Energy said in a statement.The order directs NiSource (Ni) subsidiary Northern Indiana Public Service Company, CenterPoint Energy (CNP), and the regional transmission organization Midcontinent Independent System Operator to ensure that designated power-generation units at Indiana's R M Schahfer and F B Culley plants remain available for operation.The R M Schahfer plant is owned by NIPSCO, while CenterPoint Energy owns the F B Culley facility.Since the DOE first issued the emergency order on Dec. 23 last year, "the coal plants have proven critical to MISO's operations, operating during periods of high energy demand and low levels of intermittent energy production, including during Winter Storm Fern," the statement said.The decision was made to ensure access to affordable, reliable, and secure electricity in the Midwest, especially during peak summer demand, the statement said.The orders are effective from June 22 through Sept. 19.Price: $42.82, Change: $+0.19, Percent Change: +0.45%
The US National Weather Service on Thursday said the remnants of Tropical Storm Arthur could cause life-threatening, potentially catastrophic flash flooding as it passes through the central Gulf coast.The western parts of the US are likely to experience isolated, scattered dry thunderstorms, with the potential to cause lightning-ignited fires amid the presence of gusty winds on Friday.The NWS issued a red flag warning early Friday for Utah's Nephi, Delta, Manti, Wendower, Milford, Cedar City, and St. George, primarily served by PacifiCorp subsidiary Rocky Mountain Power.A similar warning was raised for Idaho's Caldwell and Twinfalls, where Idacorp's (IDA) Idaho Power is the major service provider.Affected areas in Oregon included Chemult, Crater Lake, Silver Lake, Paisley, Chiloquin, Bly, Klamath Falls, Lakeview, Adel, Burns, Ashland, Cave Junction, and Jordan Valley. These areas are primarily served by PacifiCorp's Pacific Power and Idaho Power.A red flag warning was raised late Thursday for the entirety of Nevada, which primarily falls under the service area of Berkshire Hathaway Energy unit NV Energy.Also covered under a similar warning were Arizona's Kingman, Bullhead City, Lake Havasu City, and areas near Grand Canyon Village. These places are primarily served by UNS Energy unit UniSource Energy Services and Pinnacle West Capital's (PNW) unit Arizona Public Service CompanyCalifornia's Yreka, Mount Shasta, Redding, Susanville, Bieber, Cedarville, Willow Creek, Gasquet, Markleeville and Bridgeport were also placed under a similar warning. Pacific Power, Algonquin Power & Utilities subsidiary Liberty, and PG&E (PCG) unit Pacific Gas and Electric Company are among the major electric utility service providers in these places.In Texas, an extreme heat warning was raised for Zapata, Hebbronville, Falfurrias, Sarita, Rio Grande City, Raymondville, McAllen, Harlingen, Port Mansfield, Weslaco, Brownsville, and South Padre Island. Meanwhile, a flood warning was raised for Beaumont, Orange, Lufkin, and George West. These places are majorly served by the Texas units of American Electric Power (AEP) and Entergy (ETR), and Centrepoint Energy (CNP).A flood warning was also issued for Louisiana's Jennings, De Quincy, Lake Charles, Oberlin, Glenmora, Oberlin, Marksville, Lake Charles, Baton Rogue, Hammond, and De Ridder. Entergy's Louisiana unit, American Electric Power's Southwestern Electric Power Company, and Cleco are among the major service providers in Louisiana.Mississippi's Hattiesburg, Gulfport, Brookhaven, Laurel, Meridian, and Jackson, primarily served by Southern Company (SO) unit Mississippi Power, were also listed under a flood warning watch. Laurel was also under a flash flood warning.A flood warning was raised for Pensacola and DeFuniak Springs in Florida, where NextEra Energy (NEE) unit Florida Power & Light Company is the primary service provider.Alabama's Demopolis, Monroeville, Brewton and Mobile were covered under a flood warning, while a flash flood warning was raised for areas near Monroeville. The state is primarily served by primarily served by Southern Company unit Alabama Power.A flash flood warning was also issued for Columbus in Georgia, where Southern Company subsidiary Georgia Power is the major service provider.In Illinois, the NWS issued a flood warning for Peru, Peoria, Macomb, Canton, Havana, Jacksonville, Champaign, Decatur, Pekin, and Carbondale. Ameren's Illinois unit and Exelon (EXC) subsidiary ComEd are among the major service providers in Illinois.Indiana's Vincennes, Lafayette, Terre Haute, and Seymour were also covered under a flood warning. Duke Energy (DUK), the Indiana unit of AES (AES), and CenterPoint Energy are among the major electricity providers in these places.The NWS also issued flood warnings pockets of Missouri, Washington, Ohio, and West Virginia.
CenterPoint Energy (CNP) has an average rating of overweight and mean price target of $46.20, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $43.32, Change: $+0.69, Percent Change: +1.62%
The US National Weather Service on Thursday said portions of Illinois and Indiana are expected to experience severe thunderstorms, with potential for intense tornadoes, damaging gusts, and hail.Meanwhile, strong winds are likely across coastal Upper Texas and Louisiana, while the region stretching from southern Louisiana into Mississippi is likely to encounter potentially life-threatening flooding due to Tropical Storm Arthur.The NWS issued a red flag warning warly Thursday for Colorado's Leadville, Buena Vista and Salida. Xcel Energy (XEL) and Black Hills (BKH) unit Black Hills Energy are the primary service providers in the state.A red flag warning was also raised for Nevada's Reno and Carson City, served by Berkshire Hathaway Energy unit NV Energy; and California's Bridgeport, Markleeville, and areas near Portola, where Algonquin Power & Utilities subsidiary Liberty and Edison International's Southern California Edison are the main service providers.An extreme heat warning was raised for Grand Canyon Village in Arizona, where Pinnacle West Capital (PNW) unit Arizona Public Service Company is the primary service provider.In Texas, an extreme heat warning was issued for Brownsville, Weslaco, McAllen, Raymondville, Rio Grande City, Zapata, Falfurrias, Sarita, Hebbronville, Laredo, Freer, Alice, Corpus Christi, Cotulla, Carrizo Springs, Eagle Pass, Pearsall, Hondo, Uvalde, Karnes City, San Antonio, Victoria, Cuero, Gonzales, New Braulfels, LA Grange, Bastrop, Austin, Georgetown,Marathon, Presidio, Fort Stockton, Big Spring, Midland, San Angelo, and Big Lake. Meanwhile, a flood warning was raised for Corpus Christi, Beaumont, Kountze, Kirbyville, Lufkin, Galveston, and Orange.The Texas units of American Electric Power (AEP) and Entergy (ETR), Centrepoint Energy (CNP), and Sempra unit (SRE) Oncor are among the major service providers in these places.A flood warning was raised for Louisiana's Abbeyville, Lafayette, Cameron, Baton Rouge, Jennings, De Quincy, Lake Charles, Oberlin, Glenmora, and Hammond. Houma, New Orleans and Morgan Town were placed under a severe thunderstorm and tornado warning, while areas near New Iberia were covered by a tornado warning.Entergy's Louisiana unit, American Electric Power's Southwestern Electric Power Company, and Cleco are among the major service providers in Louisiana.Mississippi's McComb, Hattiesburg, Gulfport, Laurel and Meridian, primarily served by Southern Company (SO) unit Mississippi Power, were also covered under a flood warning watch.A flood warning was also raised for Mobile in Alabama, primarily served by Southern Company unit Alabama Power; and Pensacoula and De Funiak Springs in Florida, where NextEra Energy (NEE) unit Florida Power & Light Company is the primary service provider.The NWS issued a flash flood warning for Utah's Cincinnati and Wilmington.In Indiana, a flash flood warning was raised for Greensburg, and areas near Jasper and Vincennes, while a flood warning was issued for Terre Haute, Indianapolis, Seymour, and Crawfordsville. A tornado warning was issued for Madison and neigbouring areas in Kentucky state. Duke Energy (DUK), the Indiana unit of AES (AES), and CenterPoint Energy are among the major electricity providers in these places.The NWS also issued flood warnings for parts of Illinois, Washington, Missouri, and Iowa.
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