Acquiring Company
National Fuel Gas Company
Acquired Company
CenterPoint Energy
New YorkHoustonEnergyOil And GasEnergySustainabilityNatural ResourcesDescription
National Fuel Gas Company is acquiring CenterPoint Energy’s Ohio utility, a move expected to double its regulated rate base and boost income stability. The acquisition aims to enhance earnings per share growth while maintaining investment grade credit ratings. Despite sector challenges, NFG remains optimistic about its growth trajectory. Management targets continued dividend increases and robust annual earnings growth.
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Based on deal dataFrequently asked
Who acquired CenterPoint Energy?
CenterPoint Energy was acquired by National Fuel Gas Company, based in New York. The deal was reported on August 28, 2026. National Fuel Gas Company is a diversified energy company, primarily engaged in natural gas exploration, production, and distribution. National Fuel Gas Company is publicly traded (NFG) and operates in Energy.
When did National Fuel Gas Company acquire CenterPoint Energy?
National Fuel Gas Company's acquisition of CenterPoint Energy was reported on August 28, 2026. National Fuel Gas Company is acquiring CenterPoint Energy’s Ohio utility, a move expected to double its regulated rate base and boost income stability. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CenterPoint Energy do?
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. It is publicly traded (CNP), operating in Energy, and is based in Houston.
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