Duke Energy Corporation 5.625%

Duke Energy Corporation 5.625%

DUKB
Duke Energy Corporation 5.625%US flagNew York Stock Exchange
22.94
USD
-0.04
- -
17.84BMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Harry K. Sideris
Full Time Employees
26,413
Sector
Utilities
Industry
Regulated Electric
Address
526 South Church Street Charlotte NC United States of America 28202-1803
IPO Date
Oct 18, 2018
Business
Duke Energy Corporation (NYSE: DUKB), through its subsidiaries, operates as an energy company in the United States, primarily engaging in the generation, transmission, distribution, and sale of electricity and natural gas; it serves approximately 8.6 million electric customers across the Southeast and Midwest regions including North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, as well as 1.7 million natural gas customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky. The company generates electricity from a diverse fuel mix encompassing nuclear, coal, hydroelectric, natural gas, oil, renewables including solar and wind; its Electric Utilities and Infrastructure segment provides regulated electric services with wholesale marketing to municipalities, cooperatives, and other entities, while its Gas Utilities and Infrastructure segment handles natural gas distribution and investments in pipelines, renewable natural gas projects, and storage facilities. Founded in 1900 as the Catawba Power Company and headquartered in Charlotte, North Carolina, Duke Energy maintains key subsidiaries such as Duke Energy Carolinas, Duke Energy Florida, Duke Energy Progress, Duke Energy Indiana, Duke Energy Ohio, and Piedmont Natural Gas. Recent strategic transactions include the 2025 agreement for Brookfield Super-Core Infrastructure Partners to acquire a 19.7% interest in Duke Energy Florida for $6.0 billion and the sale of its Piedmont Tennessee Natural Gas business for approximately $2.48 billion, expected to close in Q1 2026, generating combined net proceeds of about $7.5 billion to fund its expanded $87 billion five-year capital plan focused on grid upgrades, over 8 GW of new dispatchable generation including natural gas plants, and clean energy initiatives toward net-zero carbon emissions from electricity by 2050. In its 2025 Carolinas Resource Plan, the company outlines nuclear fleet upgrades and exploration of large light-water reactors with early site permit applications planned for Q4 2025 at Belews Creek, alongside a proposed 1,400 MW natural gas plant in South Carolina to address surging demand from data centers and manufacturing.

Company News

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  • Mapping out Charlotte's lead on green tariffs

  • Duke Energy awards $28,500 to six Indiana economic development groups for its Foreign Direct Investment Partnership Program

  • Duke Energy awards $114,500 in Marketing Partnership Program grants to 24 Indiana economic development groups