CENTERPOINT ENERGY HOUSTON ELECTRIC LLC
For the period ended Sep 30, 2026. Filed Oct 27, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 27, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(15) Equity (CenterPoint Energy)
Dividends Declared and Paid (CenterPoint Energy)
CenterPoint Energy’s dividends declared and dividends paid are presented below:
| Dividends Declared Per Share · Dividends Paid Per Share | ||||||||
|---|---|---|---|---|---|---|---|---|
| Three Months Ended September 30, | Nine Months Ended September 30, | Three Months Ended September 30, | Nine Months Ended September 30, | |||||
| 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | |
| Common Stock | $0.480 | $0.440 | $0.710 | $0.660 | $0.240 | $0.220 | $0.700 | $0.660 |
Common Stock (CenterPoint Energy)
(a) Equity Distribution Agreement
On May 15, 2026, CenterPoint Energy entered into the 2026 Equity Distribution Agreement with respect to the offering and sale from time to time of shares of Common Stock, having an aggregate gross sales price of up to $1 billion. Upon entry into the 2026 Equity Distribution Agreement, CenterPoint Energy terminated the 2024 Equity Distribution Agreement. At the time of such termination, Common Stock having an aggregate gross sales price of approximately $85 million remained unsold under such prior program. Sales of Common Stock may be made by any method permitted by applicable law and deemed to be an “at the market offering” as defined in Rule 415 of the Securities Act. CenterPoint Energy may also enter into one or more forward sale agreements with the 2026 ATM Forward Purchasers pursuant to master forward confirmations and related supplemental confirmations. The offer and sale of Common Stock under the 2026 Equity Distribution Agreement will terminate upon the earliest of (1) the sale of all Common Stock subject to the 2026 Equity Distribution Agreement, (2) termination of the 2026 Equity Distribution Agreement, or (3) May 15, 2029. As of September 30, 2026, no shares of Common Stock had been sold under the 2026 Equity Distribution Agreement.
In April 2025, CenterPoint Energy entered into separate forward sale agreements pursuant to the 2024 Equity Distribution Agreement with certain of the 2024 ATM Forward Purchasers relating to 3,277,764 shares and 680,902 shares of Common Stock at an initial forward price of $36.29 per share and $36.72 per share, respectively. In May 2025, CenterPoint Energy entered into a forward sale agreement with a 2024 ATM Forward Purchaser relating to 521,962 shares of Common Stock at an initial forward price of $37.49 per share. As initial pricing terms were based on market prices for Common Stock, no amounts were recorded at the execution of the forward sale agreements. The forward sale agreements required CenterPoint Energy to, at its election on or prior to May 14, 2026, either (1) physically settle the transactions by issuing the total of 4,480,628 shares of Common Stock to the counterparties in exchange for cash of approximately $165 million or (2) net settle the transactions in whole or in part through the delivery or receipt of cash or shares of Common Stock.
On May 1, 2026, CenterPoint Energy issued 4,480,628 shares of Common Stock to the counterparties for cash of
approximately $165 million. The forward price used to determine amounts due at settlement was calculated based on a floating interest rate factor equal to the overnight bank funding rate less a spread of 75 basis points, and was subject to decrease on certain dates specified in the forward sale agreements by specified amounts related to expected dividends on the shares of the Common Stock during the term of the forward sale agreements. If the overnight bank funding rate was less than or more than the spread on any day, the interest rate factor resulted in a reduction or an increase, respectively, of the forward sale price.
(b) Forward Sale Agreements
In May 2025, CenterPoint Energy entered into separate forward sale agreements with certain financial institutions relating to an aggregate of 24,864,865 shares of Common Stock at an initial forward price of $36.26 per share. As initial pricing terms were based on market prices for Common Stock, no amounts were recorded at the execution of the forward sale agreements. CenterPoint Energy will receive proceeds when settlement occurs and will record the proceeds in equity.
The forward sale agreements require CenterPoint Energy to, at its election on or prior to February 25, 2027, either (1) physically settle the transactions by issuing the total of 24,864,865 shares of Common Stock to the counterparties in exchange for cash of $866 million or (2) net settle the transactions in whole or in part through the delivery or receipt of cash or shares of Common Stock. Pursuant to such net settlement provisions, these agreements could also have been settled on September 30, 2026 by CenterPoint Energy’s delivery of approximately $4 million of cash or 105,608 shares of Common Stock to the banking counterparties if CenterPoint Energy unilaterally elected net cash or net share settlement, respectively.
Accumulated Other Comprehensive Income (Loss) (CenterPoint Energy and CERC)
Changes in accumulated comprehensive income (loss) are as follows:
| Three Months Ended September 30, | ||||
|---|---|---|---|---|
| 2026 | 2025 | |||
| CenterPoint Energy | CERC | CenterPoint Energy | CERC | |
| (in millions) | ||||
| Beginning Balance | $(25) | $15 | $(17) | $17 |
| Amounts reclassified from accumulated other comprehensive income (loss): | ||||
| Actuarial loss (gain) (1) | 1 | — | (2) | (2) |
| Reclassification of deferred gain from cash flow hedges realized in net income | (1) | — | — | — |
| Other comprehensive income (loss) | — | — | (2) | (2) |
| Ending Balance | $(25) | $15 | $(19) | $15 |
| Nine Months Ended September 30, | ||||
| 2026 | 2025 | |||
| CenterPoint Energy | CERC | CenterPoint Energy | CERC | |
| (in millions) | ||||
| Beginning Balance | $(26) | $15 | $(17) | $17 |
| Amounts reclassified from accumulated other comprehensive income (loss): | ||||
| Prior service cost (1) | 1 | 1 | 1 | 1 |
| Actuarial loss (gain) (1) | 1 | (1) | (2) | (3) |
| Reclassification of deferred gain from cash flow hedges realized in net income | (1) | — | (1) | — |
| Other comprehensive income (loss) | 1 | — | (2) | (2) |
| Ending Balance | $(25) | $15 | $(19) | $15 |
(1)Amounts are included in the computation of net periodic cost and are reflected in Other income, net in each of the Registrants’ respective Condensed Statements of Consolidated Income.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.