CenterPoint Energy Inc. is a gas and electric company. The company is headquartered in gas-rich Texas and has 7 million gas customers with regulated service in Indiana, Minnesota, Ohio, and Texas. CenterPoint Energy has distribution and electric transmission operations with about 2.9 electric customers in Houston and Southwestern Indiana. Its Indiana utility has a relatively small generation capacity of about 1.3 GW. CNP has about 4.7 GW of total energy output. Its fuel mix remains heavily reliant on fossil fuels, with almost 85% of its Indiana generation from coal. The company has closed two coal-fired plants and operates one remaining coal plant in Indiana, with plans to convert the remaining plant to natural gas by 2027. CNP projects renewable sources will provide 80% of generation by 2030. Revenues in 2025 were $9.36 billion, of which about 52% were electric revenues and 48% were gas revenues. The shares are a component of the S&P 500, and the current market cap is about $27 billion.

The focus swings back to inflation this week, with fresh data from both the consumer and wholesale sides. On earnings, some late-reporting names in tech and retailer will weigh in. Last week, chip stocks were a drag on the overall tech sector and the Nasdaq index. The Dow Jones Industrial Average rose 1% for the week, the S&P 500 lost 1%, and the Nasdaq shed 3%. Year to date, all three indices are in positive territory. The DJIA is up 7%, the S&P is higher by 9%, and the Nasdaq has popped 12%. On the earnings calendar, highlights include Campbell's Co. and Vail Resorts on Monday; J.M. Smucker and Cracker-Barrel Old Country Store on Tuesday; Oracle and Chewy on Wednesday; and Adobe and Lennar on Thursday. About 96% of S&P 500 companies have reported so far, and overall earnings are up a very big 29% from last quarter. Information Technology, up 56%, and Communication Services, up 51%, are leading the pack. At the bottom are Healthcare, down 3%, and Energy, down 1%, according to LSEG I/B/E/S. On the economic calendar, data on Existing Homes Sales is due out on Tuesday; the Consumer Price Index will be updated on Wednesday; and the Producer Price Index hits the tape on Thursday. Turning to economic data. Gas prices dropped 17 cents last week and are at a still-elevated average of $4.31 per gallon for regular gas. The Atlanta Fed GDPNow forecasts GDP growth of 3.0% for 2Q. That's lower than the last read of 3.8%. The Cleveland Fed Inflation Nowcast forecast for CPI is at 4.2% in May, a significant step-up from the 3.8% print for April. The forecast for June is 4.1%. Mortgage rates dropped five basis points last week, with the average 30-year fixed-rate mortgage now at 6.48%, according to FreddieMac. The next Federal Open Market Committee (FOMC) meeting is on June 17 and will be the first under Chairman Kevin Warsh. Odds are at 3% for a rate cut at that meeting. Taking a deeper dive into performance so far in 2026, a leading industrialized global stock market index, the ETF EFA, is up 7% year to date, while the leading emerging market ETF (EEM) is up 21%. U.S. growth stocks are up 5% year to date based on ETF IWF, while value stocks (IWD) are up 13%. Crude oil remains volatile. On Friday, oil was much lower at $91 per barrel, but still up 57% for the year to date. In other asset classes for the year to date, AGG bonds are down 2%, gold is up 1%, and Bitcoin is down 31%. The U.S. dollar is up 2%, tracking DXY. The VIX Volatility Index was at about 16 on Friday, below its historical average of 20. Turning to sector performance, the year-to-date list from first to worst as of May 29 is Energy (+24%), Information Technology (+24%), Industrials (+12%), Materials (+11%), Communication Services (+9%), Real Estate (+9%), Consumer Staples (+7%), Utilities (+4%), Consumer Discretionary (+4%), Healthcare (-4%), and Financials (-6%).

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio.

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio.