CenterPoint Energy gains after Q2 profit beat, boosts capex plan
CNP•Shares rise after quarterly beat
** Shares of utility CenterPoint Energy CNP.N up 1.6% at $44.73
** Co posts Q2 adj. earnings of 40 cents per share, beating est. of 37 cents per share- LESG data
** Increases its 10-year capital investment plan by $1.2 billion to $66.7 billion for 2026 through 2035
Load outlook and year-to-date move
** CNP now projects 14 gigawatts (GW) of eligible base or studied load by 2031, which is 65% higher than its current system peak demand of 21 GW
** Including session's moves, CNP up 16.5% YTD
