Companies

Exploring the Investment Landscape: A Look at NextEra Energy, Consolidated Edison, Eversource Energy, and CenterPoint Energy

Published March 23, 2024

The energy sector is a critical component of the investment universe, where factors such as sustainability, innovation, and infrastructure stability play pivotal roles. Among the notable players in this field are four established companies: NextEra Energy, Inc. NEE, Consolidated Edison, Inc. ED, Eversource Energy ES, and CenterPoint Energy, Inc. CNP. These entities have been recently underscored in an Industry Outlook article for their influential positions within the energy sector and the broader market.

NextEra Energy, Inc. NEE

NextEra Energy, Inc. stands out with its robust generating capacity of about 46 gigawatts and revenues surpassing $17 billion. With a workforce of around 14,000 across the US and Canada, NEE operates through various subsidiaries, including the well-known Florida Power & Light (FPL), indicating its profound market footprint.

Consolidated Edison, Inc. ED

Known to many as Con Edison or ConEd, Consolidated Edison, Inc. is a behemoth in the energy industry, boasting around $12 billion in annual revenues and assets worth over $48 billion. ED offers a diverse array of energy-related products and services, establishing itself as a major player for energy consumers in the United States.

Eversource Energy ES

Eversource Energy, a Fortune 500 company, is headquartered in the New England region and adds a substantial presence with its operations in the energy market. As a publicly traded company, ES has a strategic stance in both Hartford, Connecticut, and Boston, Massachusetts, underpinning its significance in the northeastern US energy landscape.

CenterPoint Energy, Inc. CNP

Serving a diverse array of markets, CenterPoint Energy, Inc. is a Fortune 500 utility company that delivers electric and natural gas services across several American states including Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. CNP's wide-reaching influence is a testament to its importance within the industry.

NextEra, Consolidated, Eversource, CenterPoint