Milton Carroll - CenterPoint Energy Executive Chairman of the Board

CNP Stock  USD 31.93  0.20  0.63%   

Chairman

Mr. Milton Carroll is a Executive Chairman of the Board of the Company. He was a director since 1992. He has served as Executive Chairman since June 2013 and previously served as Chairman from September 2002 until May 2013 since 2021.
Age 69
Tenure 3 years
Address 1111 Louisiana Street, Houston, TX, United States, 77002
Phone713 207 1111
Webhttps://www.centerpointenergy.com
Carroll has served as a director of Halliburton Company since 2006 and Western Gas Holdings, LLC, the general partner of Western Gas Partners, LP, since 2008. He has served as a director of Health Care Service Corporationration since 1998 and as its chairman since 2002. He previously served as a director of LyondellBasell Industries N.V. from July 2010 to July 2016 as well as LRE GP, LLC, the general partner of LRR Energy, L.P., from November 2011 to January 2014. The Board determined that Mr. Carroll should be nominated for election as a director due to his extensive knowledge of the Company and its operations gained in 25 years of service as a director of the Company, its predecessors and affiliates. The Board values Mr. Carroll’s knowledge of the oil and natural gas industry, board leadership skills and corporate governance expertise.

Milton Carroll Latest Insider Activity

Tracking and analyzing the buying and selling activities of Milton Carroll against CenterPoint Energy stock is an integral part of due diligence when investing in CenterPoint Energy. Milton Carroll insider activity provides valuable insight into whether CenterPoint Energy is net buyers or sellers over its current business cycle. Note, CenterPoint Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell CenterPoint Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

CenterPoint Energy Management Efficiency

The company has Return on Asset of 0.0275 % which means that on every $100 spent on assets, it made $0.0275 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0957 %, implying that it generated $0.0957 on every 100 dollars invested. CenterPoint Energy's management efficiency ratios could be used to measure how well CenterPoint Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CenterPoint Energy's Return On Capital Employed is relatively stable compared to the past year. As of 11/25/2024, Return On Equity is likely to grow to 0.1, while Return On Tangible Assets are likely to drop 0.01. As of 11/25/2024, Total Current Liabilities is likely to drop to about 3.3 B. In addition to that, Liabilities And Stockholders Equity is likely to drop to about 25.7 B
CenterPoint Energy has 18.62 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. CenterPoint Energy has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CenterPoint to invest in growth at high rates of return.

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CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company was founded in 1866 and is headquartered in Houston, Texas. Centerpoint Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 9418 people. CenterPoint Energy (CNP) is traded on New York Stock Exchange in USA. It is located in 1111 Louisiana Street, Houston, TX, United States, 77002 and employs 8,827 people. CenterPoint Energy is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

CenterPoint Energy Leadership Team

Elected by the shareholders, the CenterPoint Energy's board of directors comprises two types of representatives: CenterPoint Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CenterPoint. The board's role is to monitor CenterPoint Energy's management team and ensure that shareholders' interests are well served. CenterPoint Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CenterPoint Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phillip Smith, Independent Director
Lynne HarkelRumford, Chief Human Resource Officer, Executive Vice President
Christopher Foster, Executive CFO
Russell Wright, Financial President
Carol Helliker, Senior Officer
BSc CPA, CEO Pres
Bertha Villatoro, Senior Resources
Leslie Biddle, Independent Director
Jacqueline Richert, Vice Treasurer
Scott McLean, Independent Director
Peter Wareing, Independent Director
John Houston, Division Delivery
Darin Carroll, Senior Business
Kenneth Mercado, Executive Vice President and President - Electric Division
Steve Greenley, Senior Support
Jason Wells, Chief Financial Officer, Executive Vice President
Vincent Mercaldi, Associate Secretary
Milton Carroll, Executive Chairman of the Board
Susan Rheney, Independent Director
Monica Karuturi, Executive Vice President, General Counsel
Raquelle Lewis, Independent Director
Keith Stephens, Senior Officer
Kenneth Coleman, Senior Vice President, Chief Information Officer
Jason CPA, CEO President
Tony Gardner, Senior Officer
Philip Holder, Senior Vice President Strategic Planing and Investor Relations
Theodore Pound, Independent Director
Scott Doyle, Executive Vice President - Natural Gas Distribution
Wendy Cloonan, Independent Director
Stacey Peterson, Senior Vice President Treasurer, Financial Planning
John Somerhalder, Interim President, Chief Executive Officer
Sue Ortenstone, Chief Human Resource Officer, Senior Vice President
Gregory Knight, Executive Vice President - Customer Transformation and Business Services
Barry Smitherman, Independent Director
Earl Cummings, Independent Director
Martin Nesbitt, Independent Chairman of the Board
Thomas Webb, Senior Advisor
Jackie Richert, Vice President - Investor Relations and Treasurer
Kristie Colvin, Senior Vice President Chief Accounting Officer
Kara Ryan, VP Officer
Jason Ryan, Executive Vice President - Regulatory Services and Government Affairs
David Lesar, President, Chief Executive Officer, Director
Xia Liu, Chief Financial Officer, Executive Vice President
Joseph Vortherms, Senior Vice President, Competitive Energy Businesses

CenterPoint Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CenterPoint Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CenterPoint Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CenterPoint Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CenterPoint Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against CenterPoint Stock

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The ability to find closely correlated positions to CenterPoint Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CenterPoint Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CenterPoint Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CenterPoint Energy to buy it.
The correlation of CenterPoint Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CenterPoint Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CenterPoint Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CenterPoint Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for CenterPoint Stock Analysis

When running CenterPoint Energy's price analysis, check to measure CenterPoint Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CenterPoint Energy is operating at the current time. Most of CenterPoint Energy's value examination focuses on studying past and present price action to predict the probability of CenterPoint Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CenterPoint Energy's price. Additionally, you may evaluate how the addition of CenterPoint Energy to your portfolios can decrease your overall portfolio volatility.