Company Information

  

Address: 1111 LOUISIANA ST  
City: HOUSTON 
State: TX 
Zip Code: 77002 
Telephone: 713-207-3000 

Description of Business

Primary SIC Code: 4911
(As filed with the SEC)  

We are a public utility holding company. Our operating subsidiaries own and operate electric transmission and distribution and natural gas distribution facilities, supply natural gas to commercial and industrial customers and electric and natural gas utilities and own interests in Enable as described below. Our simplified corporate structure is shown below: [[Image Removed: revisedcnporgstructure.jpg]] (1) Houston Electric engages in the electric transmission and distribution business in the Texas Gulf Coast area that includes the city of Houston. (2) Bond Companies are wholly-owned, bankruptcy remote entities formed solely for the purpose of purchasing and owning transition or system restoration property through the issuance of Securitization Bonds. (3) NGD operates natural gas distribution systems in six states.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20184.070.2786.73
12/20174.130.2686.87
09/20171.380.26821.17
06/20171.40NA19.56
03/20171.080.26825.53
12/20161.000.25824.64
09/20162.80NA8.30
06/20161.480.25816.22

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.43Total Liab/Total Assets0.79
Net Inc/Total Assets0.08Total Liab/Inv Cap0.98
Net Inc/Inv Cap0.10Total Liab/Comm Equity4.28
Pretax Inc/Net Sales0.11Interest Coverage Ratio3.73
Net Inc/Net Sales0.19Curr Debt/Equity0.28
Cash Flow/Net Sales0.15LTD/Equity1.75
SG&A/NetSales0.04Total Debt/Equity2.03
Asset Utilization   Liquidity  
Net Receivables Turnover7.59Quick Ratio0.98
Inventory Turnover20.07Current Ratio1.11
Inventory Day Sales0.05Net Rec/Curr Assets0.42
Net Sales/Work Cap29.49Inv/Curr Assets0.12
Net Sales/PP&E0.74  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 3,155.00 2,638.00 2,098.00 2,143.00
Cost of Goods Sold 2,479.00 1,952.00 1,457.00 1,584.00
Selling & Admin Exps 111.00 103.00 93.00 99.00
Operating Income 251.00 296.00 279.00 206.00
Interest Exp 94.00 97.00 98.00 97.00
Pretax Income 212.00 286.00 267.00 211.00
Other Income -14.00 21.00 18.00 43.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 165.00 1,296.00 169.00 135.00

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 1,163.00 1,220.00 1,258.00 1,268.00
Receivables - Total 1,356.00 1,427.00 996.00 953.00
Inventories - Total 257.00 397.00 442.00 410.00
Total Current Assets 3,049.00 3,395.00 2,935.00 2,865.00
Net Property, Plant & Equipment 13,205.00 13,057.00 12,700.00 12,644.00
Total Assets 22,410.00 22,736.00 22,135.00 22,045.00
Liabilities        
Accounts Payable 965.00 1,368.00 939.00 894.00
Debt in Current Liabilities 1,308.00 1,333.00 1,943.00 1,875.00
Total Current Liabilities 2,616.00 3,069.00 3,221.00 3,038.00
Long-Term Debt 8,176.00 8,195.00 7,531.00 7,587.00
Total Liabilities 17,553.00 18,048.00 18,517.00 18,482.00
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 4.00 4.00 4.00 4.00
Retained Earnings 708.00 543.00 -518.00 -571.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 4,857.00 4,688.00 3,618.00 3,563.00
Total Liabilities and Stockholders' Equity 22,410.00 22,736.00 22,135.00 22,045.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 484.00 390.00 351.00 363.00
Net Cash Provided by Investing Activities -331.00 -365.00 -257.00 -263.00
Net Cash Provided by Financing Activities -192.00 34.00 -141.00 -102.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20138,106.00311.000.72
12/20149,226.00611.001.42
12/20157,386.00-692.001.61
12/20167,528.00432.001.00
12/20179,614.001,792.004.13
Growth Rates4.36--54.76

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18648347,13580.45




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.