• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
CenterPoint Energy Resources Corp. Product Image

CenterPoint Energy Resources Corp.

  • Published: May 2011
  • Standard & Poors

Abstract
Majority of consolidated cash flow is from lower-risk electricity and natural gas transmission and distribution operations; No commodity exposure in electric and gas transmission and distribution businesses; Operating and regulatory diversity with multiple lines of business across numerous states; Recent regulatory outcomes support cash flow stability; Attractive demographics in the Houston service territory; and Improving financial risk profile can benefit further from the recent favorable decision from the State Supreme Court in the true-up appeal case. Ongoing need for excellent risk management to avoid exposure to commodity prices and effectively manage competitive supply business; and Despite improvement, a financial risk profile that remains aggressive, especially in terms of debt leverage. The ratings on CenterPoint Energy Resources Corp. (CERC) reflect the...

Companies mentioned in this report are: CenterPoint Energy Resources Corp.,CenterPoint Energy Houston Electric LLC,CenterPoint Energy Inc.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance READ MORE >

CenterPoint Energy Resources Corp.,CenterPoint Energy Houston Electric LLC,CenterPoint Energy Inc.

Note: Product cover images may vary from those shown

RELATED PRODUCTS