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CenterPoint sells Ohio gas business for $2.62B to National Fuel Gas, funding $66.7B capital plan.

Company Fundamentals
01 Oct 2026
PRNewsWire
View Source
Bullish
CenterPoint sells Ohio gas business for $2.62B to National Fuel Gas, funding $66.7B capital plan.

CenterPoint Energy completed the $2.62 billion sale of its Ohio natural gas distribution business to National Fuel Gas Company. The deal includes 5,900 miles of pipeline serving 335,000 customers and has all required regulatory approvals. Proceeds will support CenterPoint's $66.7 billion, 10-year capital investment plan focused on enhancing infrastructure reliability and economic growth. National Fuel Gas will now serve the former Ohio customers, ensuring a smooth transition.

CenterPoint Energy's $2.62 billion sale of its Ohio natural gas business provides context for energy sector movements. For readers following Utilities-sector US stocks on Pluang, here is the market snapshot as of Oct 01, 2026 17:52 WIB: out of 22 priced stocks, 9 rose and 11 fell. Notable movers include OKLO at USD 37.54 with a 1-day change of +1.40% and Pluang order activity of 71% Buy, VST at USD 140.04 with +1.22% and 94% Buy, and ED at USD 101.68 with -0.52% and 100% Buy.

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