CenterPoint Energy, Inc., a company specializing in the distribution of natural gas and electricity, has received a buy rating from UBS.
The company generates the majority of its revenue from electricity sales, which make up 49.3% of net sales, followed closely by the final distribution of natural gas at 49.2%. The remaining 1.5% of sales comes from other activities.
CenterPoint Energy operates in a crucial sector, providing essential services to both consumers and businesses. Its balanced revenue stream from both electricity and natural gas positions it favorably within the energy market. Stock market prices for CenterPoint Energy are obtained from reputable financial data providers such as Factset, Morningstar, and S&P Capital IQ.