Weekly Update: Sector Changes from Four Roses Bourbon to Quantum Stakes
Kirin Holdings and Four Roses: Kirin Holdings is seeking to sell the Kentucky bourbon brand Four Roses for around $1 billion, but declining youth consumption and trade tensions with Canada may deter potential buyers.
Quantum Computing Investments: Several quantum computing companies are looking to sell equity stakes to the U.S. Commerce Department, raising concerns about government influence on corporate governance, especially as some companies may not need the funds.
Mergers and Acquisitions: Coca-Cola HBC is acquiring a 75% stake in Coca-Cola Beverages Africa for $2.6 billion, while Blackstone and TPG are set to acquire Hologic for up to $18.3 billion, reflecting ongoing consolidation in various sectors.
Bankruptcy in Subprime Lending: PrimaLend Capital Partners has filed for bankruptcy amid rising car loan delinquencies, highlighting stress in the subprime lending market, although the company plans to continue operations with existing financing.
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- Natural Gas Producers in Focus: The surge in natural gas prices due to Winter Storm Fern has put companies like Antero Resources and EOG Resources in the spotlight, with analysts predicting significant upside potential for these producers amid production disruptions.
- Equipment Manufacturers at Risk: The freezing of natural gas equipment and pipelines could halt operations for energy transfer companies such as Energy Transfer and Kinder Morgan, potentially impacting their production and revenue.
- Power Supply Assurance: PJM, the largest U.S. power grid, has warned of a potential winter peak, prompting CenterPoint Energy and Duke Energy to implement emergency plans to ensure reliable power supply during the storm.
- Airline Industry Disruption: The storm has led to the cancellation of over 9,400 flights by airlines including Delta, JetBlue, and United Airlines, causing widespread travel disruptions and affecting numerous travelers nationwide.

- System Stability: As of 4 p.m., CenterPoint's electric system is operating as designed with less than 1% of customers affected, approximately 1,000 still experiencing outages, demonstrating the company's resilience in extreme weather conditions.
- Rapid Recovery Progress: Since 6 a.m. Saturday, CenterPoint has restored power to nearly 30,000 customers, indicating the company's efficient recovery capabilities in response to the winter storm.
- Resource Mobilization: The company has deployed over 500 contractors from nine states to support the hardest-hit areas, ensuring continued service during upcoming severe cold weather, showcasing its strong resource integration capabilities.
- Safety Reminders and Customer Communication: CenterPoint advises customers to maintain a safe distance from downed lines and utilizes Power Alert Service® to provide real-time restoration updates, enhancing customer safety awareness and information transparency.

- Emergency Response Capability: CenterPoint Energy mobilized 2,800 workers during the winter storm to ensure rapid power restoration under high winds and freezing conditions, successfully restoring power to nearly 30,000 customers, demonstrating the company's emergency response effectiveness in extreme weather.
- Customer Impact Assessment: As of 4 p.m., approximately 1,000 customers were still experiencing weather-related outages, affecting less than 1% of the 2.9 million customers served, indicating the overall stability of the company's system and its ability to effectively handle emergencies.
- Resource Allocation: The company deployed over 500 contractors from nine states to support recovery efforts in heavily impacted areas, showcasing CenterPoint's resource integration capabilities and effective interstate collaboration in crisis management.
- Safety Reminders and Customer Communication: CenterPoint emphasized safety precautions for customers encountering downed power lines and maintained communication through various channels to keep customers informed about restoration progress and safety information, enhancing customer trust and satisfaction.

- Power Restoration Progress: As of 6 a.m., approximately 2,000 customers in the Houston area are experiencing outages due to the winter storm, representing less than 1% of the 2.9 million customers served, while 27,000 customers have had their power restored, demonstrating effective response capabilities.
- Emergency Preparedness Measures: CenterPoint Energy activated its Emergency Operations Center on January 21, mobilizing a workforce of 3,300 and preparing over 700 natural gas workers to address potential equipment damage and outages, ensuring customer safety and service restoration.
- Equipment Inspection and Maintenance: The company inspected and tested all 270 electric substations and pre-staged over 9,200 distribution poles, 11,500 transformers, and more than 1,500 vehicles to meet potential power restoration demands, ensuring stable electricity supply during extreme weather.
- Customer Communication and Support: CenterPoint is providing safety and preparedness information to customers through social media and direct outreach, encouraging enrollment in the Power Alert Service® for outage details and restoration times, enhancing customer safety and information transparency during the winter storm.

- Restoration Progress: As of 6 a.m., CenterPoint Energy has restored power to approximately 27,000 customers, with less than 2,000 currently affected, demonstrating the company's effective recovery capabilities during the winter storm.
- Emergency Response Team: The company has mobilized a workforce of 3,300 workers to conduct damage assessments and restore power, ensuring rapid response under extreme weather conditions, reflecting its commitment to customer service.
- Equipment Preparedness: Prior to the winter storm, CenterPoint Energy prepared over 9,200 distribution poles and 11,500 transformers, ensuring quick restoration of power during adverse weather, thereby enhancing the company's emergency response capabilities.
- Customer Safety Reminder: The company advises customers to maintain a safe distance of at least 35 feet from downed power lines, emphasizing the importance of ensuring customer safety during extreme weather conditions.

- Power Restoration Progress: The winter storm has caused outages in the Greater Houston area, currently affecting about 2,000 customers, but approximately 27,000 customers have been restored since Saturday morning, demonstrating the company's rapid response capability.
- Workforce Mobilization: CenterPoint Energy has mobilized 3,300 workers to conduct damage assessments and restore power, ensuring service is resumed as quickly as possible under extreme weather conditions, reflecting the company's commitment to its customers.
- Safety Reminder Measures: The company advises the public to maintain a safe distance of at least 35 feet from downed power lines to prevent electrocution risks and encourages timely reporting of downed lines to ensure community safety.
- Emergency Preparedness Actions: CenterPoint activated its Emergency Operations Center on January 21 and conducted comprehensive preparations ahead of the winter storm, including adhering to annual winterization requirements from the Electric Reliability Council of Texas to enhance the resilience of the power system.






