U.S. electric and gas utility
CenterPoint Energy
CenterPoint Energy earns revenue from electric transmission and distribution in the Houston area, generation and electric sales in Indiana, and regulated natural gas distribution across several states. It invests in grid and generation assets and procures natural gas and power from third parties.
Business categories Regulated Utilities & Grid Operators · Power & Grid · primary
CNP Updated Sep 24, 2026 4 AI consumers· 2 recurring
Per the valuechain.wiki graph, CenterPoint Energy is directly linked to 2 companies (0 supply, 2 revenue relationships) and reaches 4 companies within two hops; the links are backed by 3 dated sources, 1 of them primary filings (as of 2026-09-24).
Financials & Segments
- Total revenue · FY2025 revenue from customer contracts: $9.337 billion
- Segments · Electric · Natural Gas · Corporate and Other
Revenue from
- NRG Energy High confidence· Amount $1.2B · FY2025 · Houston Electric revenue from NRG affiliates
NRG retail affiliates are Houston Electric's largest external customer group. CenterPoint distributes electricity sold by these retailers and bills regulated delivery charges.Mentions KO Toss Securities Research Center Published Sep 24, 2025: America Will Keep Growing: Why We Go to America - Vistra High confidence· Amount $693M · FY2025 · Houston Electric revenue from Vistra affiliates
Vistra retail affiliates are Houston Electric's second-largest external customer group. Vistra's large Texas retail footprint supports the commercial context for its use of CenterPoint's delivery network.Mentions KO Toss Securities Research Center Published Sep 24, 2025: America Will Keep Growing: Why We Go to AmericaMentions EN The Henry Fund, University of Iowa Published Apr 14, 2025: Vistra Corp (VST) Equity Research Report
Pays to
- Tenaska Marketing Ventures, LLC High confidence· Market share 32% · FY2025 · Share of CenterPoint Energy annual natural gas supply purchases
Tenaska Marketing Ventures is the largest gas supplier to CenterPoint's natural gas distribution business. It supplied 32% of CenterPoint's annual natural gas purchases in 2025. - Macquarie Energy, LLC High confidence· Market share 12% · FY2025 · Share of CenterPoint Energy annual natural gas supply purchases
Macquarie Energy is a major gas supplier to CenterPoint's natural gas distribution business. It supplied 12% of CenterPoint's annual natural gas purchases in 2025.
Investments
- Posey Solar High confidence· Amount $357M · 2025 acquisition · Consideration for the acquisition of 100% of Posey Solar's equity interests
CenterPoint subsidiary SIGECO acquired 100% of a 191 MW solar project under construction in Posey County, Indiana, in March 2025. The asset entered service in May 2025.
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Amazon | lead2 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +12 |
| Meta Platforms | lead2 | +23.1 | -64.2 | +194.1 | +66 | +13.1 | -6.4 |
| Vistra | lead1 | +19.6 | +5.1 | +70.7 | +261.5 | +17.7 | -7.2 |
| NRG Energy | lead1 | +18.5 | -23.5 | +69.4 | +78.6 | +78.9 | -31.5 |
| CenterPoint Energy | node | +32.4 | +10 | -2.1 | +14.3 | +23.7 | +2.4 |
YTD as of 2026-10-09 · source: Yahoo Finance
CenterPoint Energy operates across U.S. electric and gas utility. It is +5.2% in 2026. The stock (+5.2%) and its demand side (avg -15.8%) are moving in step. Among connected nodes the furthest ahead is Vistra (-7.2%) and the furthest behind is NRG Energy (-24.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It invests in grid and generation assets and procures natural gas and power from third parties.
Analysis generated from returns as of 2026-09-04← All companiesMarkdown · JSON · Customers · Suppliers · Ripple