Duke Energy(DUK)

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Duke Energy: Valuation Pushes It Into A Sell Zone, But Options Can Still Help
Seeking Alpha· 2024-10-03 22:02
Group 1 - The Conservative Income Portfolio targets high-value stocks with significant margins of safety and aims to reduce volatility through well-priced options [1] - The Enhanced Equity Income Solutions Portfolio is designed to generate yields of 7-9% while minimizing volatility [1] - Trapping Value provides Covered Calls and focuses on capital preservation through lower volatility income investing [2][3] Group 2 - The fixed income portfolio emphasizes purchasing securities with high income potential and significant undervaluation compared to peers [2] - Trapping Value's team has over 40 years of combined experience in generating options income while prioritizing capital preservation [3]
Duke Energy Florida is here to help customers impacted by Hurricane Helene
Prnewswire· 2024-10-03 19:26
Core Points - Duke Energy Florida is actively engaged in power restoration efforts in areas severely affected by Hurricane Helene, particularly in Pinellas County's barrier islands [1][2] - The company has established estimated times for power restoration, with most areas expected to be restored by 11:59 p.m. on October 4 and some by 11:59 p.m. on October 5 [2] - Duke Energy Florida is providing customer care units in impacted areas to assist customers with inquiries and account issues [3] Company Operations - Duke Energy Florida owns 12,300 megawatts of energy capacity and serves 2 million customers across a 13,000-square-mile area in Florida [7] - The parent company, Duke Energy, serves 8.4 million customers across multiple states and has a total energy capacity of 54,800 megawatts [8] Customer Support and Resources - Customers needing assistance with electrical service damage must contact Duke Energy Florida for an onsite evaluation and subsequent steps for restoration [3][4] - The company offers resources for customers struggling to pay utility bills, accessible through their website or by phone [6] - Duke Energy Florida emphasizes the importance of vigilance against scams post-storm, providing guidance on how to protect personal information [5] Clean Energy Initiatives - Duke Energy is committed to a clean energy transition, aiming for net-zero methane emissions from its natural gas operations by 2030 and net-zero carbon emissions from electricity generation by 2050 [9] - The company is investing in electric grid upgrades and cleaner energy sources, including renewables and energy storage [9]
Duke Energy updated b-roll and photos available for today's Helene response efforts
Prnewswire· 2024-10-02 23:53
Spartanburg, SC self-contained crew staging site Field interviews with lineworkers and engineers working in hardest hit areas B-roll of mobile substation being installed in Asheville, NC area CHARLOTTE, N.C., Oct. 2, 2024 /PRNewswire/ -- New b-roll and photos of Duke Energy's Helene response are now available. Visit the Duke Energy News Center for downloadable B-roll and high-resolution images. More information on Duke Energy's power restoration efforts and more is available at dukeenergy.com/outages. Duke ...
Duke Energy Florida issues estimated times of restoration for Pinellas County's barrier islands; mobilizes customer care units in severely impacted areas
Prnewswire· 2024-10-02 19:46
ST. PETERSBURG, Fla., Oct. 2, 2024 /PRNewswire/ -- Duke Energy Florida has issued estimated times of restoration for Pinellas County's barrier islands following Hurricane Helene. All customers in these communities who are capable of receiving power will be restored by 11:59 p.m. on Saturday, Oct. 5, with the majority restored by 11:59 p.m. on Friday, Oct. 4. (Click here for video footage of restoration efforts.) "We understand that having power is necessary for our customers to be able to rebuild and get ba ...
Duke Energy Florida donates $350,000 to support communities hardest hit by Hurricane Helene
Prnewswire· 2024-10-02 15:43
A total of 15 local nonprofit organizations received disaster relief ST. PETERSBURG, Fla., Oct. 2, 2024 /PRNewswire/ -- Duke Energy Foundation announced $350,000 in donations to statewide and local nonprofit organizations that serve areas impacted by Hurricane Helene. In collaboration with local leaders, organizations were identified that can get supplies and support to those who need it most. "We are committed to rebuilding together and restoring the vitality of the communities we serve," said Melissa Seix ...
Duke Energy continues rebuilding power grid in South Carolina upstate and North Carolina mountains, service restored to nearly 1.6 million customers impacted by Helene
Prnewswire· 2024-10-01 20:08
CHARLOTTE, N.C., Oct. 1, 2024 /PRNewswire/ -- Duke Energy's round-the-clock power restoration efforts continue following the historic damage caused by Helene in the Carolinas. Lineworkers – with the support of tree trimmers, state department of transportation workers and countless others – continue to restore power to hundreds of thousands of customers each day. "We've never seen such widespread devastation and destruction as we're seeing in this region," said Jason Hollifield, Duke Energy storm director fo ...
Duke Energy Florida offers updates on power restoration in areas hardest hit by Hurricane Helene
Prnewswire· 2024-10-01 18:32
ST. PETERSBURG, Fla., Oct. 1, 2024 /PRNewswire/ -- Duke Energy Florida continues with power restoration in areas hardest hit by Hurricane Helene, including Madison, Pasco and Pinellas counties. In Madison County, significant damage to the company's electrical infrastructure was caused by falling branches and downed trees. Currently, there are approximately 750 customers without power, while over 8,700 have been restored. In Pasco County, most infrastructure damage was the result of historic storm surge. Cur ...
Power restored to 1.35 million customers in Carolinas; workers continue efforts to access damage and repair and rebuild grid in S.C. Upstate and N.C.
Prnewswire· 2024-09-30 21:08
CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- Duke Energy workers are navigating unprecedented destruction and challenging conditions in the Upstate South Carolina and western North Carolina communities devastated by Helene. "We're beyond grateful to the state and local government workers who have been on the job 24/7 to clear debris, reopen roadways and help those whose lives have been changed forever by this storm," said Jason Hollifield, Duke Energy's storm director in the Carolinas. "Our thousands of ...
Duke Energy restores power for 95% of customers within 72 hours; mobilizes Pinellas County barrier islands command center
Prnewswire· 2024-09-30 19:27
ST. PETERSBURG, Fla., Sept. 30, 2024 /PRNewswire/ -- As of 11:59 p.m. on Sunday, Sept. 29, Duke Energy Florida restored power for 95% of customers across the state, meaning those who were able to receive power were restored within 72 hours of Hurricane Helene's Category 4 landfall. Crews will continue with restoration efforts in the areas hardest hit by the storm. "We understand power is an essential service, and that's why our crews have been working tirelessly to get the lights back on for our customers a ...
Duke Energy Foundation commits $1 million to support communities impacted by Hurricane Helene
Prnewswire· 2024-09-30 15:45
Working closely with local leaders and nonprofits to provide ongoing essential support to those impacted by Hurricane Helene Tops $20.5 million in disaster readiness and recovery investments during past five years CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- In response to the devastating impacts of Hurricane Helene, Duke Energy Foundation announces a $1 million commitment to nonprofits providing vital assistance to affected communities across the Southeast. "Our hearts are with the communities devastate ...