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CenterPoint Energy Field Services Proposes New Gathering System in Mississippi Lime Area – (CNP, GRH, OGE, PNW)

CenterPoint Energy, Inc. NYSE:CNP, recently announced that one of its subsidiaries has started initial routing activities for a proposed gas gathering and processing system in the Mississippi Lime area of north central Oklahoma and south central Kansas.

This White Eagle Gathering System would also involve up to 300 miles of gas gathering lines and up to 200 million cubic feet per day of processing capacity with nitrogen removal and amine treating.

Company’s stock price traded within the range of $ 18.66 – $18.89 on Feb 06 EST however company’s 52 week range is $ 15.09 – $ 21.47. Company’s stock price reduced 0.58% and closed at $18.77, near to lower limit of 52 week range. Company’s price to earnings ratio is 10.37 with monthly share price volatility of 1.71%.

GreenHunter Energy, Inc. NYSEAMEX:GRH, stock price traded within the range of $ 1.35 – $1.69 on Feb 06 EST however company’s 52 week range is $ 0.61 – $1.7. Company’s stock price increased 3.01% and closed at $1.37, near to upper limit of 52 week range. Company’s monthly share price volatility is 5.25%.

OGE Energy Corp. NYSE:OGE
, stock price traded within the range of $ 52.92 -$53.44 on Feb 06 EST however company’s 52 week range is $ 40.56 -$ 57.54. Company’s stock price increased 0.08% and closed at $53.27, near to lower limit of 52 week range.

Pinnacle West Capital Corporation NYSE:PNW, stock price traded within the range of $ 47.17 – $47.54 on Feb 06 EST however company’s 52 week range is $ 37.28 – $ 48.87. Company’s stock price reduced 0.4% and closed at $ 47.31, near to the upper limit of 52 week range. Company’s last month share price volatility is 6.54% with beta of 0.88.

101 days ago by in Stock Market. You can follow any responses to this entry through the | RSS feed. You can leave a response, or trackback from your own site.
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Simon Black writes regularly for USA Market News. In keeping with company editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Mr. Black appreciates your feedback.

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