{"success":true,"data":{"pressRelease":{"id":"157766","rtpr_id":"nPn8WbhRWa-20261001","ticker":"CNP","exchange":"NYSE","all_tickers":["CNP","NFG"],"title":"CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion","author":"PR Newswire","published_at":"2026-10-01T10:45:00.432Z","article_body":"CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion\nPR Newswire\n\nHOUSTON, Oct. 1, 2026\n\nHOUSTON, Oct. 1, 2026 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP)\n(\"CenterPoint\" or the \"Company\") today announced that it has successfully\ncompleted the previously announced $2.62 billion sale of its Ohio natural gas\nLocal Distribution Company (LDC) business, Vectren Energy Delivery of Ohio,\nLLC, to National Fuel Gas Company (NYSE: NFG), which is headquartered in\nWestern New York. The assets include approximately 5,900 miles of gas\ntransmission and distribution pipeline serving approximately 335,000 metered\ncustomers in West Central Ohio.\n\nThe transaction received all required federal and state approvals necessary to\ncomplete the sale, including the completion of a review by the Public\nUtilities Commission of Ohio. National Fuel will immediately assume\nresponsibility for serving CenterPoint's former Ohio natural gas customers.\n\n\"I would like to thank our Ohio natural gas employees and the many team\nmembers who support this business for their continued dedication to safety,\ncustomer service and operational excellence. Their commitment has helped build\na strong local natural gas utility that has reliably served customers and\ncommunities across West Central Ohio for decades. We are committed to a smooth\ntransition with National Fuel Gas for our Ohio customers,\" said CenterPoint\nChair and Chief Executive Officer Jason Wells.\n\n\"We remain focused on executing our long-term strategy and investing in the\nelectric and natural gas systems that serve the customers and communities\nacross our core utility footprint. The proceeds from this transaction will\nhelp support the efficient funding of our $66.7 billion, 10-year capital plan\nand our continued efforts to enhance the resiliency and reliability or our\ninfrastructure and facilitate economic growth during one of the most dynamic\nperiods in our industry's history while helping keep bills as low as\npossible,\" Wells concluded.\n\nCenterPoint has previously stated that proceeds from the transaction will\nsupport investments across its focused regulated utility footprint.\n\nAbout CenterPoint Energy, Inc.\n As the only investor-owned electric and gas utility based in Texas,\nCenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with\nelectric transmission and distribution, power generation and natural gas\ndistribution operations that serve nearly 7 million metered customers in\nIndiana, Minnesota and Texas. As of June 30, 2026, the Company owned\napproximately $48.3 billion in assets. With approximately 8,800 employees,\nCenterPoint and its predecessor companies have been in business for more than\n150 years. For more information, visit CenterPointEnergy.com\n(https://www.centerpointenergy.com/) .\n\nForward-Looking Statements\n\nThis news release may contain \"forward-looking statements\" within the meaning\nof Section 27A of the Securities Act of 1933 and Section 21E of the Securities\nExchange Act of 1934. All statements other than statements of historical fact\nincluded in this news release are forward-looking statements made in good\nfaith by us and are intended to qualify for the safe harbor from liability\nestablished by the Private Securities Litigation Reform Act of 1995. When used\nin this news release, the words \"anticipate,\" \"believe,\" \"continue,\" \"could,\"\n\"estimate,\" \"expect,\" \"forecast,\" \"goal,\" \"intend,\" \"may,\" \"objective,\"\n\"plan,\" \"potential,\" \"predict,\" \"projection,\" \"should,\" \"target,\" \"will\" or\nother similar words are intended to identify forward-looking statements. These\nforward-looking statements are based upon assumptions of management which are\nbelieved to be reasonable at the time made and are subject to significant\nrisks and uncertainties. Actual events and results may differ materially from\nthose expressed or implied by these forward-looking statements.\nForward-looking statements include, but are not limited to, the execution of\nthe Company's long-term strategy and capital plan, including planned\ninvestments in its electric and natural gas systems and associated benefits\ntherefrom, use of proceeds from the transaction, and any other statements that\nare not historical facts are forward-looking statements. Each forward-looking\nstatement contained in this news release speaks only as of the date of this\nnews release. Important factors that could cause actual results to differ\nmaterially from those indicated by the provided forward-looking information\ninclude risks and uncertainties relating to (1) business strategies and\nstrategic initiatives involving the Company or its industry; (2) the Company's\nability to fund and invest planned capital, and the timely recovery of its\ninvestments; (3) financial market and general economic conditions; (4) the\ntiming and impact of future regulatory, legislative and political actions or\ndevelopments; and (5) other factors discussed in the Company's Annual Report\non Form 10-K for the fiscal year ended December 31, 2025, the Company's\nQuarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June\n30, 2026 and other reports the Company may file from time to time with the\nSecurities and Exchange Commission.\n\nFor more information, contact\nCommunications\nMedia.Relations@CenterPointEnergy.com\n(mailto:Media.Relations@CenterPointEnergy.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/centerpoint-energy-completes-sale-of-its-ohio-natural-gas-business-to-national-fuel-gas-company-for-2-62-billion-302895851.html\n(https://www.prnewswire.com/news-releases/centerpoint-energy-completes-sale-of-its-ohio-natural-gas-business-to-national-fuel-gas-company-for-2-62-billion-302895851.html)\n\nSOURCE CenterPoint Energy\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS262508/CENTERPOINT-ENERGY-LOGO.jpg?id=OA2981632\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn8WbhRWa-20261001","title":"CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion","author":"PR Newswire","ticker":"CNP","created":"2026-10-01T10:45:00.432Z","tickers":["CNP","NFG"],"exchange":"NYSE","article_body":"CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion\nPR Newswire\n\nHOUSTON, Oct. 1, 2026\n\nHOUSTON, Oct. 1, 2026 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP)\n(\"CenterPoint\" or the \"Company\") today announced that it has successfully\ncompleted the previously announced $2.62 billion sale of its Ohio natural gas\nLocal Distribution Company (LDC) business, Vectren Energy Delivery of Ohio,\nLLC, to National Fuel Gas Company (NYSE: NFG), which is headquartered in\nWestern New York. The assets include approximately 5,900 miles of gas\ntransmission and distribution pipeline serving approximately 335,000 metered\ncustomers in West Central Ohio.\n\nThe transaction received all required federal and state approvals necessary to\ncomplete the sale, including the completion of a review by the Public\nUtilities Commission of Ohio. National Fuel will immediately assume\nresponsibility for serving CenterPoint's former Ohio natural gas customers.\n\n\"I would like to thank our Ohio natural gas employees and the many team\nmembers who support this business for their continued dedication to safety,\ncustomer service and operational excellence. Their commitment has helped build\na strong local natural gas utility that has reliably served customers and\ncommunities across West Central Ohio for decades. We are committed to a smooth\ntransition with National Fuel Gas for our Ohio customers,\" said CenterPoint\nChair and Chief Executive Officer Jason Wells.\n\n\"We remain focused on executing our long-term strategy and investing in the\nelectric and natural gas systems that serve the customers and communities\nacross our core utility footprint. The proceeds from this transaction will\nhelp support the efficient funding of our $66.7 billion, 10-year capital plan\nand our continued efforts to enhance the resiliency and reliability or our\ninfrastructure and facilitate economic growth during one of the most dynamic\nperiods in our industry's history while helping keep bills as low as\npossible,\" Wells concluded.\n\nCenterPoint has previously stated that proceeds from the transaction will\nsupport investments across its focused regulated utility footprint.\n\nAbout CenterPoint Energy, Inc.\n As the only investor-owned electric and gas utility based in Texas,\nCenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with\nelectric transmission and distribution, power generation and natural gas\ndistribution operations that serve nearly 7 million metered customers in\nIndiana, Minnesota and Texas. As of June 30, 2026, the Company owned\napproximately $48.3 billion in assets. With approximately 8,800 employees,\nCenterPoint and its predecessor companies have been in business for more than\n150 years. For more information, visit CenterPointEnergy.com\n(https://www.centerpointenergy.com/) .\n\nForward-Looking Statements\n\nThis news release may contain \"forward-looking statements\" within the meaning\nof Section 27A of the Securities Act of 1933 and Section 21E of the Securities\nExchange Act of 1934. All statements other than statements of historical fact\nincluded in this news release are forward-looking statements made in good\nfaith by us and are intended to qualify for the safe harbor from liability\nestablished by the Private Securities Litigation Reform Act of 1995. When used\nin this news release, the words \"anticipate,\" \"believe,\" \"continue,\" \"could,\"\n\"estimate,\" \"expect,\" \"forecast,\" \"goal,\" \"intend,\" \"may,\" \"objective,\"\n\"plan,\" \"potential,\" \"predict,\" \"projection,\" \"should,\" \"target,\" \"will\" or\nother similar words are intended to identify forward-looking statements. These\nforward-looking statements are based upon assumptions of management which are\nbelieved to be reasonable at the time made and are subject to significant\nrisks and uncertainties. Actual events and results may differ materially from\nthose expressed or implied by these forward-looking statements.\nForward-looking statements include, but are not limited to, the execution of\nthe Company's long-term strategy and capital plan, including planned\ninvestments in its electric and natural gas systems and associated benefits\ntherefrom, use of proceeds from the transaction, and any other statements that\nare not historical facts are forward-looking statements. Each forward-looking\nstatement contained in this news release speaks only as of the date of this\nnews release. Important factors that could cause actual results to differ\nmaterially from those indicated by the provided forward-looking information\ninclude risks and uncertainties relating to (1) business strategies and\nstrategic initiatives involving the Company or its industry; (2) the Company's\nability to fund and invest planned capital, and the timely recovery of its\ninvestments; (3) financial market and general economic conditions; (4) the\ntiming and impact of future regulatory, legislative and political actions or\ndevelopments; and (5) other factors discussed in the Company's Annual Report\non Form 10-K for the fiscal year ended December 31, 2025, the Company's\nQuarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June\n30, 2026 and other reports the Company may file from time to time with the\nSecurities and Exchange Commission.\n\nFor more information, contact\nCommunications\nMedia.Relations@CenterPointEnergy.com\n(mailto:Media.Relations@CenterPointEnergy.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/centerpoint-energy-completes-sale-of-its-ohio-natural-gas-business-to-national-fuel-gas-company-for-2-62-billion-302895851.html\n(https://www.prnewswire.com/news-releases/centerpoint-energy-completes-sale-of-its-ohio-natural-gas-business-to-national-fuel-gas-company-for-2-62-billion-302895851.html)\n\nSOURCE CenterPoint Energy\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS262508/CENTERPOINT-ENERGY-LOGO.jpg?id=OA2981632\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-01T10:45:00.680637535Z","server_sent_at_ms":1790851500680},"received_at":"2026-10-01T10:45:00.730Z","source_url":"https://www.prnewswire.com/news-releases/centerpoint-energy-completes-sale-of-its-ohio-natural-gas-business-to-national-fuel-gas-company-for-2-62-billion-302895851.html"},"analysis":{"id":"146412","press_release_id":"157766","analysis_json":{"industry":{"label":"Multi-Utilities","sector":"Utilities"},"redFlags":[],"eventType":"m_and_a","narrative":"CenterPoint Energy completed the $2.62 billion sale of its Ohio natural gas LDC business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company.\n\nThe divested assets include roughly 5,900 miles of pipeline serving about 335,000 metered customers in West Central Ohio, with all federal and state approvals, including PUCO review, received.\n\nProceeds will support CenterPoint's $66.7 billion 10-year capital plan across its core regulated electric and gas footprint in Indiana, Minnesota and Texas.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Asset-lighting pivot: $2.62B Ohio gas exit closes and feeds a $66.7B core-utility capital plan."},"keyFigures":{"dealValueUsd":2620000000,"customDimensions":{"capital_plan":"$66.7 billion 10-year capital plan","total_assets":"$48.3 billion as of June 30, 2026","pipeline_miles":5900,"metered_customers":335000}},"quotedText":"The proceeds from this transaction will help support the efficient funding of our $66.7 billion, 10-year capital plan","namedEntities":{"people":[{"name":"Jason Wells","role":"Chair and CEO"}],"products":[],"companies":[{"name":"CenterPoint Energy, Inc.","ticker":"CNP","relationship":"filer/seller"},{"name":"National Fuel Gas Company","ticker":"NFG","relationship":"buyer"},{"name":"Vectren Energy Delivery of Ohio, LLC","relationship":"divested asset"}],"dollarAmounts":[{"amount":"$2.62 billion","context":"sale price of Ohio natural gas LDC business"},{"amount":"$66.7 billion","context":"10-year capital plan supported by proceeds"},{"amount":"$48.3 billion","context":"company total assets as of June 30, 2026"}]},"materialImpact":{"score":3,"reasoning":"Completion of a previously announced $2.62B divestiture closes a major deal, but was already announced and fully approved, so it is execution rather than a new surprise."},"tickerRelevance":{"others":[{"ticker":"NFG","relevance":"acquirer"}],"primary":"CNP"},"globalImportance":45,"audienceRelevance":40,"eventTypeSecondary":[],"importanceComponents":{"novelty":"completion, not new announcement","tickerTier":"large-cap utility","eventGravity":"closing of previously announced $2.62B divestiture"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"CenterPoint Energy completed the $2.62 billion sale of its Ohio natural gas LDC business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company.\n\nThe divested assets include roughly 5,900 miles of pipeline serving about 335,000 metered customers in West Central Ohio, with all federal and state approvals, including PUCO review, received.\n\nProceeds will support CenterPoint's $66.7 billion 10-year capital plan across its core regulated electric and gas footprint in Indiana, Minnesota and Texas.","key_figures":{"dealValueUsd":2620000000,"customDimensions":{"capital_plan":"$66.7 billion 10-year capital plan","total_assets":"$48.3 billion as of June 30, 2026","pipeline_miles":5900,"metered_customers":335000}},"named_entities":{"people":[{"name":"Jason Wells","role":"Chair and CEO"}],"products":[],"companies":[{"name":"CenterPoint Energy, Inc.","ticker":"CNP","relationship":"filer/seller"},{"name":"National Fuel Gas Company","ticker":"NFG","relationship":"buyer"},{"name":"Vectren Energy Delivery of Ohio, LLC","relationship":"divested asset"}],"dollarAmounts":[{"amount":"$2.62 billion","context":"sale price of Ohio natural gas LDC business"},{"amount":"$66.7 billion","context":"10-year capital plan supported by proceeds"},{"amount":"$48.3 billion","context":"company total assets as of June 30, 2026"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-01T10:45:06.045Z","global_importance":45,"audience_relevance":40,"importance_components":{"novelty":"completion, not new announcement","tickerTier":"large-cap utility","eventGravity":"closing of previously announced $2.62B divestiture"}},"durationMs":5298,"modelName":"glm-5.3-flashx"}}