by ACSC | May 11, 2021 | Utility News
Due to the extraordinary gas costs related to Winter Storm Uri, Atmos reported “negative operating cash flow” for the six months ending March 31. ________________________________________________ Atmos Energy has reported consolidated net income of $514.4 million for...
by ACSC | Jul 13, 2020 | Blog, Gas Consumers, Utility News
New CenterPoint CEO said to prioritize shareholders, regulators. ________________________________________________ The new CEO of Houston’s CenterPoint Energy will receive a base salary of $1.35 million per year, plus a sign-on equity stock award valued at $1 million,...
by ACSC | Jul 2, 2020 | Blog, Gas Consumers, Utility News
Former Halliburton CEO also served on CenterPoint Board of Directors. ________________________________________________ Former Halliburton CEO David Lesar has taken the reins of CenterPoint Energy, the Houston-based energy company beset in recent months by falling...
by ACSC | Jun 26, 2020 | Blog, Gas Consumers, Municipal Resources, Regulatory Action, Utility News
Milestone Texas legislation created the model for Texas utility regulation. ________________________________________________ This month marks an important anniversary in the Lone Star State — but one most Texans surely never heard of. It was 100 years ago this...
by ACSC | Jun 11, 2020 | Blog, Regulatory Action, Utility News
A smaller price tag in an asset sale is the latest bump in a tumultuous stretch for Houston’s CenterPoint Energy. ________________________________________________ Buffeted by a recent drop in stock prices, the departure of top brass and a bumpy sale of...
