CenterPoint Energy 2007 Annual Report Download

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Please find the complete 2007 CenterPoint Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Table of contents

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    ...HOME. At CenterPoint Energy, we move energy across the country, below the ground and above the rooftops to homes, large and small businesses, and industrial facilities. Natural gas and electricity ï¬,ow continuously through our pipelines and power lines to cook meals, power televisions and computers...

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    ... AND SERVICES Our gas marketing business sells natural gas and related services to commercial, industrial and wholesale customers primarily located in the eastern half of the United States. Operating income was $75 million. OUR CODE OF ETHICS The CenterPoint Energy Ethics and Compliance Code is...

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    ... 2007 The graph illustrates the value on 12/31/07 of $100 invested in the common stock of CenterPoint Energy and each reference group on 12/31/02. The calculation of CenterPoint Energy's total shareholder return assumes dividends were reinvested in company stock and treats the distribution of Texas...

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    ...delivery is our business. Dear Shareholder, Thank you for your support of CenterPoint Energy. In a year that ended with turmoil in the stock market, your company turned in a solid financial performance. In 2007, we focused on improving our business models and invested in projects that will enhance...

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    ...dividends we paid in 2007, when combined with a 3.3 percent change in our stock...gas drilling and production are at record levels. The focus of our competitive natural gas sales and services... Houston ...promotion of energy conservation. Benefiting from pipeline investments needed to get new natural gas...

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    ...2007, we committed more than $100 million in growth capital to this business and expect to invest approximately $75 to $100 million annually over the next four to five years. Competitive natural gas sales and services reported... of the electric industry in Texas. Last summer, the state passed...

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    ...ficient energy use at our corporate headquarters' building. We also have reduced energy use at our other Houston-area facilities by 27 percent since 2002. Finally, we recognize that our employees are the most important driver of our success. To address our future workforce needs, we are hiring and...

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    ... in both the Southern Company Survey and the PA Consulting Group report. Additionally, we received the Edison Electric Institute 2007 Emergency Assistance Award for providing outstanding storm recovery assistance to utilities in Chicago, Illinois, Dallas and Beaumont, Texas, and Tulsa, Oklahoma. 9

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    ... serve new customers, such as a new power generation facility in Arkansas. Our financial and operating performance also benefited from improved planning and scheduling processes, enabling us to enhance our various transportation and storage services. We value our customer relationships and measure...

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    ...; we are ready. FOR THE FIFTH CONSECUTIVE YEAR, OUR FIELD SERVICES business had record performance, reporting operating income of $99 million in 2007, plus equity income of $10 million from a jointly owned natural gas processing plant. In 2007, we added over 400 new well connections to our system...

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    ... plants for the largest U.S. producer of ethanol. We enhanced our natural gas storage position in 2007 by starting commercial operation of our new salt dome gas storage facility in Houston and leasing an additional 2 Bcf of storage in the mid-continent area. In an increasingly competitive market, we...

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    ... F . Madison, Milton Carroll, Derrill Cody, Robert T. O'Connell, Sherman M. Wolff and Janiece M. Longoria. CENTERPOINT ENERGY OFFICERS [from left to right] Wayne D. Stinnett, Thomas R. Standish, Byron R. Kelley, Scott E. Rozzell, David M. McClanahan, Gary L. Whitlock and Joseph B. McGoldrick. 16

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    ...'s Choice. CenterPoint Energy Investor Services serves as transfer agent, registrar and dividend disbursing agent for CenterPoint Energy common stock. INFORMATION REQUESTS Call (888) 468-3020 toll free for additional copies of: 2007 Annual Report and Form 10-K 2008 Proxy Statement DIVIDEND PAYMENTS...

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