CHARLOTTE, N.C., May 14, 2024 /PRNewswire/ -- Powered by a $100,000 grant from the Duke Energy Foundation, the Red Cross unveiled today its new and improved Emergency app for weather safety. Enhancements help remove language, location and ability barriers and improve the overall user experience, ensuring all customers can have critical tools and preparedness information at their fingertips. "As storm threats continue to grow, we want to ensure our communities most vulnerable to climate risk and least able t ...

There’s no denying that the concept of utility stocks to buy is incredibly boring. However, with the market incurring some choppy price action, going for aggressive gambits isn’t always prudent. If you’re playing the black pieces, it might just be best to counter your opponent’s (Mister Market) moves.Utility stocks to buy will do that for you. Fundamentally, this arena benefits from a natural monopoly. Essentially, would-be rivals don’t even bother competing against entrenched enterprises. Not only is the c ...

Company moving from planning to execution phase of energy transition Reliability and affordability remain cornerstones of success CHARLOTTE, N.C., May 9, 2024 /PRNewswire/ -- In 2023, Duke Energy (NYSE: DUK) executed its strategy, achieved significant regulatory and policy milestones, and ensured affordability and reliability for customers in the face of rapidly rising interest rates and extremely mild weather, CEO Lynn Good told investors during the company's annual shareholders meeting today.  These acc ...

CHARLOTTE, N.C., May 9, 2024 /PRNewswire/ -- As of 9 a.m., Duke Energy has restored power to more than 180,000 customers impacted by severe storms that occurred Wednesday evening and Thursday morning. The majority of customers are expected to be restored by tonight, with some customers in the hardest-hit areas experiencing power outages into Friday.  "We are committed to working as quickly and safely as possible to get the lights back on for our customers," said Jason Hollifield, Duke Energy's Carolinas sto ...

Sunset sky with Duke Energy building in Charlotte, NC Takako Hatayama-Phillips Duke Energy Corporation (NYSE:DUK) has both energy utilities and infrastructure business as well as the gas utilities & infrastructure business. Primarily regulated, this duo forms the two main reporting segments for this company, with the balance of activities falling under the all encompassing "other". Its energy utilities & infrastructure operations comprise generation, transmission, distribution, and sale of electricity. This ...

DUK LISTED (1) As of May 3, 2024 (2) Subject to approval by the Board of Directors (3) Total shareholder return proposition at a constant P/E ratio (4) Based on adjusted EPS Advancing Carolinas energy transition Continues to retire coal by 2035 | --- | --- | --- | |----------------|-----------------------------------|-----------------| | Next Steps | Hearing Scheduled to Begin | Order Expected | | North Carolina | July 22, 2024 | Q4 2024 | | | South Carolina September 16, 2024 | Q4 2024 | 8,900 MW of natura ...

Start Time: 10:00 January 1, 0000 10:36 AM ET Duke Energy Corporation (NYSE:DUK) Q1 2024 Earnings Conference Call May 07, 2024, 10:00 AM ET Company Participants Lynn Good - Chair and CEO Brian Savoy - EVP and CFO Harry Sideris - President Abby Motsinger - VP, IR Conference Call Participants Shar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Durgesh Chopra - Evercore Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Jeremy Tonet - JPMorgan Operator Hello, and welcome to Duke Energy Fir ...

Duke Energy Corporation (DUK) reported first-quarter 2024 earnings per share (EPS) of $1.44 per share, which increased 42.6% from the year-ago quarter’s level of $1.01. The Zacks Consensus Estimate for first-quarter earnings was pegged at $1.39.Total RevenuesTotal operating revenues came in at $7.67 billion, which rose 5.4% from $7.28 billion in the year-ago period. However, the top line lagged the Zacks Consensus Estimate of $7.71 billion by 0.5%.The Regulated electric unit’s operating revenues were $6.73 ...

| WASHINGTON, D.C. 20549 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION | | | --- | --- | --- | | FORM 10-Q | | | | (Mark One) | | | | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | For the quarterly period ended March 31, 2024 | | | | OR | | | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | For the transition period from _________to_________ | | | | Registrant, State of Incorporation or Organization, ...

New rates effective in June 2024; a typical residential customer bill will decrease by almost $6 per month Savings adds to more than $11 monthly reduction that went into effect in January 2024 ST. PETERSBURG, Fla., May 7, 2024 /PRNewswire/ -- Duke Energy's Florida customers will see lower electric bills following the Florida Public Service Commission's approval of the company's request to reduce fuel charges on customer bills. As of result, a typical residential 1,000-kWh monthly customer bill will be red ...