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- NorAm Energy Corp specimen stock certificate 1994 (Texas)
NorAm Energy Corp specimen stock certificate 1994 (Texas)
Product Description
NorAm Energy Corp specimen stock certificate 1994 (Texas)
Natural gas utility from Houston Texas. Uncommon vignette of Mount Rushmore. Specimen stock - unissued and cancelled. Dated 1994 from punch holes. Measures approximately 12 x 8 inches.
NorAm Energy Corp. was a major U.S. natural gas utility formed in 1990 (formerly rooted in Arkla, Inc.) that later became part of CenterPoint Energy.
Formation:
Formed in 1990 by merging regional energy entities (including Arkla, Entex, and Minnegasco).
Core Business:
Natural gas distribution, interstate transmission, and pipeline operations across states like Arkansas, Louisiana, Oklahoma, Minnesota, and Texas.
Scale:
Ranked as the third-largest U.S. natural gas utility serving roughly 2.7 million customers prior to its acquisition.
Acquisition (1997):
Acquired by Houston Industries Inc. for $3.8 billion.
Evolution/Name Changes:
Houston Industries later became Reliant Energy, and its legacy gas/infrastructure operations transformed into CenterPoint Energy (with the subsidiary legally or formerly named CenterPoint Energy Resources Corp.)
Product descriptions and images
Please note that some pictures may only be representative of the inventory available. If we have more than one piece, we are unable to scan and display every piece. Unless otherwise noted, that there are variations for signatures, cancellation marks/holes, serial number, and dates. Colors will be as noted and pictured. Certificates no longer have investment value.
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