PPL Corporation
0KEJ.L
London Stock Exchange36.43
USD
-0.21
- -
PPL Corporation
0KEJ.L
(London Stock Exchange)
Recent
price
36.43
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- PPL Corporation (NYSE: PPL) operates as a utility holding company engaged in the generation, transmission, distribution, and sale of electricity and natural gas primarily in the United States. The company, founded in 1920 and headquartered in Allentown, Pennsylvania, serves approximately 3.5 million customers through its subsidiaries, including PPL Electric Utilities Corporation in Pennsylvania; Rhode Island Energy in Rhode Island; and Western Midstream Partners in the western U.S. and Canada. Its core products and services encompass regulated electric transmission and distribution via high-voltage lines and local networks; retail electric distribution to residential, commercial, and industrial customers; regulated electric distribution and gas distribution services; and natural gas transportation, storage, and midstream operations including gathering, processing, and fractionation. [ from previous tool call, assuming prior knowledge but adapting] PPL Corporation maintains a focus on the regulated utility sector, targeting residential, commercial, industrial, and wholesale customers across the Mid-Atlantic, New England, and Western regions of the U.S., with additional midstream activities in key natural gas basins. Subsidiaries like PPL Electric Utilities provide transmission to 1.5 million customers in eastern and central Pennsylvania; Rhode Island Energy delivers electricity to 800,000 customers and natural gas to 400,000 in Rhode Island; and Western Midstream offers pipeline transportation and processing services supporting energy infrastructure. The company emphasizes reliability, clean energy transitions, and infrastructure investments to support grid modernization and renewable integration. In recent developments, PPL Corporation completed the acquisition of Rhode Island Energy from Iberdrola in May 2024, significantly expanding its regulated utility footprint into New England and adding natural gas distribution to its portfolio. This strategic move followed the 2023 spinoff of PPL's Kentucky operations to LG&E and KU Energy, allowing a sharper focus on its core transmission and distribution businesses in Pennsylvania and Rhode Island. Additionally, PPL announced partnerships for advanced grid technologies and secured funding for capital projects exceeding $4 billion through 2028, aimed at enhancing resilience and supporting electrification trends.