CenterPoint Energy Discloses $1.2B Sale of Gas Assets, Fuels Capital Expansion Plans After Q4 Results Q4 results, CenterPoint Energy, 8% growth year over year, $1.2 billion sale of gas assets, Non-GAAP EPS guidance range of $1.61-$1.63 for 2024, 10-year capital plan increased to $44.5 billion through 2030, Maintained non-GAAP EPS growth targets of 8% for 2024 and mid-to-high end of 6%-8% annually.. by https://www.benzinga.com/
AI Insights:
Simple Explanation:
Key points:
- CenterPoint Energy is a company that provides gas and electricity services.
- They sold some of their gas assets for $1.2 billion to another company.
- They plan to use the money to improve and expand their business in the next few years.
- They still expect to make more money and grow faster than before.
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