Latest news with #hurricane2025
Yahoo
4 days ago
- Climate
- Yahoo
2025 Atlantic Hurricane Season kicks off; 3 to 5 major hurricanes predicted
RALEIGH, N.C. (WNCN) — It's the first day of June which means it's the first day of the 2025 Atlantic hurricane season. The National Oceanic and Atmospheric Administration (NOAA) predicts a 60-percent chance that 2025 will be an above-normal season. 'Here in the Carolinas and in Florida, we have a lot of exposure along our coast. And of course, we saw last year that you don't have to be on the coast to see hurricane impacts,' said Jeff Brooks, spokesperson for Duke Energy, which services six states. This hurricane season follows last year's when Hurricane Helene devastated parts of western North Carolina and other parts of the southeast. According to the National Hurricane Center, there have been at least 248 Helene-related deaths, and billions in damage. NOAA unveils hurricane forecast for 2025 Atlantic season: See the full breakdown 'It's important that you use the start of hurricane season as a reminder to prepare your own personal preparedness plan and what that means for you. and if you rely on electricity for medical needs, making sure that you have a plan in place where you could relocate if we had a major storm,' Brooks told CBS 17 Sunday. NOAA is forecasting anywhere from 13 to 19 named storms, and 6 to 10 of those the agency predicts will turn into hurricanes. Within those, three to five are projected to be major hurricanes. The agency says it has 70-percent confidence in these projections. Hurricane Helene declared the deadliest US hurricane since Katrina by NHC Books tells us that while they typically see most storm activity around September and October, they prepare throughout the year. 'We trim trees and remove vegetation and along our power lines to help reduce the number of instances of vegetation-related outages. We've been upgrading poles and wires on our systems to make them stronger, more resistant to outages from severe weather, and then also installing self-healing technology, which is helped to speed some of that power restoration after major storms.' He also says the company is ready for different weather events year-round — in any season. Hurricane season ends in November, with November and June being the least active months. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
7 days ago
- Climate
- CBS News
Storms of 2024 highlight why hurricane season prep is critical in South Florida
As 2025 hurricane season begins, forecasters and emergency officials are urging South Florida residents to prepare now — lessons learned from the devastating 2024 season serve as a stark reminder of what's at stake. From the outset, 2024 proved to be anything but typical. Hurricane Beryl became the earliest Category 5 hurricane ever recorded, strengthening just one month into the season. The storm tore through Caribbean nations before striking the U.S., leaving widespread devastation in its wake. "The damage is done," a resident in Grenada told CBS News. "I'm really heartbroken because this is a lot of work." A woman in southeast Texas echoed that sentiment, saying she had "never been through anything like this" before. A deadly and unpredictable 2024 peak season September, usually the height of hurricane activity, started off quieter than usual due to Saharan dust limiting storm development. But the calm didn't last. By late September, the season exploded with two powerful storms striking Florida just two weeks apart. On September 26, Hurricane Helene made landfall in Florida's Big Bend region, battering communities near Tallahassee. "It was rough. It has been rough for the last few days," one local told CBS News Miami's Najahe Sherman. But Florida was spared the worst — Helene's true devastation unfolded in the Carolinas, where catastrophic flooding and hurricane-force winds led to more than 150 deaths. Residents were left without basic necessities. "No water. Barely have food. Everything expiring in the fridge so it's down to canned goods and food trucks," one man said. Florida hit twice as hard with Hurricane Milton As the Carolinas reeled from Helene, Florida braced for another blow. Hurricane Milton made landfall near Siesta Key, delivering powerful storm surge to Gulf Coast communities still recovering from past storms like Hurricane Ian. One resident told CBS News Miami's Larry Seward: "I'm sick and tired of being sick and tired." Another man said his trailer was removed after Helene to prevent damage, only for Milton to destroy the area where it stood. Milton didn't just batter the Gulf Coast. On Florida's east coast, the storm spawned a record-breaking 45 tornadoes — the most ever generated by a single hurricane in the state. Among them was an EF-3 tornado, the strongest Florida had ever recorded. "It was a very scary moment," a longtime resident told reporter Nikiya Carrero. "Florida resident for 30 years so I'm used to hurricanes, but not tornadoes." The 2024 hurricane season left over $121 billion in damage By the end of 2024, Hurricanes Beryl, Helene, and Milton had caused more than $121 billion in combined damage across the Caribbean, Gulf Coast, and southeastern U.S. Their aftermath underscores the urgency of preparation for every household in hurricane-prone regions. As the 2025 hurricane season begins, experts stress the importance of stocking up on supplies, understanding evacuation zones, and staying weather-aware. Because when it comes to hurricanes, history shows it's not a matter of if, but when.
Yahoo
27-05-2025
- Business
- Yahoo
CenterPoint Energy (NYSE:CNP) Completes Grid Resiliency Enhancements Ahead Of Hurricane Season
CenterPoint Energy recently finalized its grid resiliency improvements ahead of the 2025 hurricane season, a development that emphasizes its dedication to customer service and reliability. The company's stock price increased by 8% over the past quarter, a period marked by positive market movements that did not significantly diverge in direction. The completion of key infrastructural upgrades added positive weight against a backdrop of market disturbances, such as trade uncertainties led by presidential announcements impacting broad market indices. Overall, CenterPoint's enhancements and strategic collaborations supported its stock performance amidst fluctuating market conditions. We've discovered 2 weaknesses for CenterPoint Energy (1 is a bit concerning!) that you should be aware of before investing here. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 24 best rare earth metal stocks of the very few that mine this essential strategic resource. The recent news regarding CenterPoint Energy's completion of grid resiliency improvements is an integral part of the company's planned capital investments aimed at enhancing future revenue and earnings growth. These developments align with the narrative of CenterPoint's focus on infrastructure upgrades to support load growth and regulatory stability. Increased capital expenditures, like the $1 billion boost through 2030, can reinforce long-term earnings potential, especially given the projected 5.3% annual revenue growth and increased profit margins confirming analyst forecasts. Over the past five years, CenterPoint Energy's total shareholder return, including stock appreciation and dividends, was 135.03%, showcasing a robust performance relative to individual market fluctuations. Over the past year alone, the company's shares outperformed the US Market's 9.1% return and the US Integrated Utilities industry, which returned 12.5%, reflecting its resilience in various market conditions. Considering the current share price stands at US$38.92, slightly above the consensus analyst price target of US$37.97, implies that investors perceive the stock to be appropriately valued. However, the close proximity suggests potential moderation in upward price movement unless further earnings forecasts are realized. Analysts anticipate earnings will reach $1.4 billion by 2028, requiring a future PE ratio of 22.0x, down from today's 26.3x, which may reflect elevated expectations within the industry. This calculation serves as an important context when weighing the company's current valuation against its growth potential. Gain insights into CenterPoint Energy's past trends and performance with our report on the company's historical track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:CNP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
