CenterPoint Energy (CenterPoint Energy) Natural Gas Storage Capacity (Bcf) : 0.00 (As of Dec. 2023)

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What is CenterPoint Energy Natural Gas Storage Capacity (Bcf)?

Natural Gas Storage Capacity (Bcf) is the maximum volume of natural gas that can be stored at the storage facility. The utility storage is important, since it's the midstream opportunities that offer investors the potential for profit.

CenterPoint Energy's Natural Gas Storage Capacity (Bcf) for the annual that ended in Dec. 2023 was 43.00 , which the same as as previous year (Sep. 2023)'s result.

The historical rank and industry rank for CenterPoint Energy's Natural Gas Storage Capacity (Bcf) or its related term are showing as below:

CNP's Natural Gas Storage Capacity (Bcf) is not ranked ^*
in the Utilities - Regulated industry.
Industry Median:
* Ranked among companies with meaningful Natural Gas Storage Capacity (Bcf) only.

CenterPoint Energy Natural Gas Storage Capacity (Bcf) Historical Data

The historical data trend for CenterPoint Energy's Natural Gas Storage Capacity (Bcf) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CenterPoint Energy Natural Gas Storage Capacity (Bcf) Chart

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CenterPoint EnergyQuarterly Data

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Competitive Comparison of CenterPoint Energy's Natural Gas Storage Capacity (Bcf)

For the Utilities - Regulated Electric subindustry, CenterPoint Energy's Natural Gas Storage Capacity (Bcf), along with its competitors' market caps and Natural Gas Storage Capacity (Bcf) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CenterPoint Energy (NYSE:CNP) Natural Gas Storage Capacity (Bcf) Explanation

A natural gas storage is a facility that can store natural gas for an indefinite period of time. Natural gas storages are typically located underground, that’s why they are called underground gas storages or UGS as well. The main function of gas storages is to inject and store natural gas at a time of low prices and/or low demand and use the gas by withdrawing at times of higher prices and/or higher demand.

Why is utility storage important to investors?

Each week, the U.S. Energy Information Administration releases its natural gas storage report. This report highlights the change in working gas storage. A dramatic drawdown of inventory can lead to a jump in the price of natural gas and, conversely, a buildup in storage is a bearish indicator. By tuning into the storage numbers, investors can see one of the driving forces behind natural gas prices.

It is also used to quantify the energy produced (or potentially produced) by a company's reserves, as well as what is actually delivered to customers. Investors will look at this figure to understand how much earning potential a producer in the space may have.

CenterPoint Energy Natural Gas Storage Capacity (Bcf) Related Terms

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CenterPoint Energy (CenterPoint Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CenterPoint Energy Inc (NYSE:CNP) » Definitions » Natural Gas Storage Capacity (Bcf)

Comparable Companies

CMS AEE PPL ES FE AGR DTE ETR LNT EVRG NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

HOU:Germany

Address

1111 Louisiana, Houston, TX, USA, 77002

Website

https://www.centerpointenergy.com

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. The company has natural gas distribution systems in six states serving approximately 4 million customers.

Executives

Christopher A Foster	officer: EVP and CFO	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
David J Lesar	director, officer: President & CEO
Jason P. Wells	officer: EVP & CFO	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Kristie Colvin	officer: SVP and CAO	1111 LOUISIANA, HOUSTON TX 77002
Ricky Anthony Raven	director	1111 LOUISIANA STREEET, STE. 4600, HOUSTON TX 77002
Thaddeus J. Malik	director	1111 LOUISIANA STREET, STE. 4600, HOUSTON TX 77002
Russell Keith Wright	officer: VP, FP&A and Interim CAO	1111 LOUISIANA STREET, STE 4600, HOUSTON TX 77002
Barry T Smitherman	director	NRG ENERGY, INC., 804 CARNEGIE CENTER, PRINCETON NJ 08540
Ted Pound	director	C/O ALLIS-CHALMERS, 5075 WESTHIEMER, #890, HOUSTON TX 77056
Kara Gostenhofer Ryan	officer: Vice President and CAO	1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
Martin H. Nesbitt	director	10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Wendolynn Montoya Cloonan	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Wooten Lewis Raquelle	director	1111 LOUISIANA STREET, #4600, HOUSTON TX 77002
Phillip R Smith	director	1111 LOUISIANA, HOUSTON TX 77002
Earl M Cummings	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002