Friday, October 1, 2010

CenterPoint Energy Resources


Analyst equity research at Jeffries Mushroom $ 15.50 target price of shares of Centerpoint Energy (NYSE: CNP) in a research note to investors on Thursday, while reiterating a "hold."
CenterPoint Energy, Inc. is a public utility holding. indirect subsidiaries of the company is owned companies include CenterPoint Energy Houston Electric, LLC (CenterPoint Houston) s, which are engaged in electricity transmission and distribution companies in an area of 5,000 square miles of the Texas Gulf Coast including to Houston, and CenterPoint Energy Resources Corp. (CERC Corp.), which owns and operates distribution systems for natural gas in six states. Subsidiaries of CERC Corp. own interstate natural gas pipelines and gas gathering systems and responses of the various ancillary services. A wholly owned subsidiary of CERC Corp. offers variable and fixed price physical natural gas to utilities and commercial and industrial customers primarily electricity and gas. Segments of the Society of operation include the electric transmission and distribution, Natural Gas Distribution, competitive natural gas sales and services, interstate pipelines, field services and other operations.
PNC shares trade at 1.08% trading until midday Thursday.


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