Duke Energy Corporation (Holding Company)

$DUK
Power Generation
Utilities

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity. It also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. This segment serves approximately 7.9 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 91,000 square miles; and owns approximately 50,807 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in pipeline transmission and natural gas storage facilities. It has approximately 1.6 million customers, including 1.1 million customers in North Carolina, South Carolina, and Tennessee, as well as 541,000 customers in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, owns, develops, builds, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and commercial and industrial customers. It has 21 wind, 150 solar, and 2 battery storage facilities, as well as 11 fuel cell locations with a capacity of 2,282 MW across 19 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. The company was incorporated in 2005 and is headquartered in Charlotte, North Carolina.

IPO Year:

Exchange: NYSE

Website: duke-energy.com

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Recent Analyst Ratings for Duke Energy Corporation (Holding Company)

DatePrice TargetRatingAnalyst
10/22/2024Overweight → Sector Weight
KeyBanc Capital Markets
10/15/2024$116.00 → $121.00Neutral → Outperform
Mizuho
9/20/2024$138.00Buy
Jefferies
2/12/2024$105.00 → $96.00Buy → Neutral
BofA Securities
1/23/2024$90.00 → $108.00In-line → Outperform
Evercore ISI
1/10/2024$101.00 → $113.00Sector Perform → Outperform
RBC Capital Mkts
11/30/2023$94.00 → $103.00Equal Weight → Overweight
Wells Fargo
8/23/2023$96.00Overweight
Barclays
6/8/2023$99.00Neutral
Goldman
3/17/2023Sell → Neutral
Seaport Research Partners
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Duke Energy Corporation (Holding Company) Press Releases

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  • Duke Energy Foundation commits $500,000 to support local environmental impact programs across North Carolina

    Applications for funding will be accepted through June 30 for eligible nonprofit organizationsCHARLOTTE, N.C., April 24, 2025 /PRNewswire/ -- Duke Energy Foundation today announced a commitment of $500,000 in new funding designed to support local environmental impact programs across North Carolina. How it works: Eligible organizations can now apply for grants of up to $25,000. Applications are live on Duke Energy Foundation's website and will remain open until Monday, June 30, at 5 p.m.  The impact: The funding will support programs focused on improving natural environments, e

    $DUK
    Power Generation
    Utilities
  • Duke Energy and GE Vernova announce significant arrangement for gas turbines and associated equipment

    Innovative partnership provides clear path for Duke Energy to procure up to 11 American-produced GE Vernova natural gas turbinesPartnership ensures Duke Energy will meet its customers' growing and evolving energy needs driven by economic development and AI growthCHARLOTTE, N.C. and CAMBRIDGE, Mass., April 24, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) and GE Vernova (NYSE:GEV) announce a significant partnership for natural gas turbines and other associated equipment to meet the growing needs of advanced manufacturing, data centers and population growth. The arrangement betwe

    $DUK
    $GEV
    Power Generation
    Utilities
  • Duke Energy marks Earth Month in South Carolina with $375,000 in grants to fight trash, promote tree planting, sustain trail access

    Duke Energy Foundation funding goes to 24 nonprofit, governmental organizations across the stateGrants support efforts that work to ensure future generations enjoy the tremendous benefits of the natural resources of the Palmetto StateGREENVILLE, S.C., April 23, 2025 /PRNewswire/ -- Throughout the month of April, Duke Energy is highlighting the importance of sustainability of our state's natural assets with $375,000 in grants to organizations that manage and provide support to state and local parks, tree planting and advocacy, trail maintenance and litter prevention. Why it mat

    $DUK
    Power Generation
    Utilities
  • Duke Energy to hold annual shareholders meeting online May 1

    CHARLOTTE, N.C., April 17, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) will hold its annual shareholders meeting online on Thursday, May 1, at 1 p.m. ET. Duke Energy President and CEO Harry Sideris will provide an overview of the company's 2024 performance and energy modernization progress to meet growing demand and continue delivering value for stakeholders.   Shareholders will be able to participate in the meeting, vote on company and shareholder proposals, and submit questions. Questions will be answered either during the meeting or afterward through a web posting. Informa

    $DUK
    Power Generation
    Utilities
  • Guardians of the grid: Duke Energy celebrates National Lineworker Appreciation Day April 18

    Lineworkers are helping build a smarter, stronger gridDuke Energy lineworkers restored more than 3.1 million customer outages after Hurricane HeleneCHARLOTTE, N.C., April 15, 2025 /PRNewswire/ -- On April 18, Duke Energy celebrates National Lineworker Appreciation Day – a day to recognize the service, commitment and sacrifices of lineworkers, team members who are critical to ensuring customers have access to safe and reliable electricity.   Why it matters: Lineworkers provide an invaluable service to communities. Among the first to respond after storms to help ensure public sa

    $DUK
    Power Generation
    Utilities
  • Duke Energy Foundation donates $17,500 to American Red Cross in support of disaster relief from last week's storms

    CINCINNATI, April 11, 2025 /PRNewswire/ -- Duke Energy Foundation is donating $17,500 to two local chapters of the American Red Cross providing support for those impacted by the recent severe storms and flooding across Greater Cincinnati. "Our region continues to be impacted by the storms and flooding we've seen over the last week," said Rhonda Whitaker Hurtt, vice president of community relations for Duke Energy Ohio/Kentucky. "The American Red Cross plays a key role in helping our friends and neighbors recover following tragic weather, and we are proud to support their heroi

    $DUK
    Power Generation
    Utilities
  • Duke Energy supports western North Carolina recovery efforts with $500,000 in grants to local nonprofits

    Funding will support home rebuilding, debris removal, mental health services and other community needsGrants of $25,000 each awarded to 20 high-impact local nonprofits focused on long-term recoveryCHARLOTTE, N.C., April 10, 2025 /PRNewswire/ -- As part of its commitment to supporting a full recovery in western North Carolina following Hurricane Helene, Duke Energy Foundation today announced $500,000 in new funding to 20 local nonprofits. The organizations receiving funding are meeting expansive community needs, including completing structural repairs, building new homes and re

    $DUK
    Power Generation
    Utilities
  • Duke Energy to announce first-quarter financial results on May 6

    CHARLOTTE, N.C., April 9, 2025 /PRNewswire/ -- Duke Energy will post its first-quarter 2025 financial results at 7 a.m. ET on Tuesday, May 6 on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled at 10 a.m. ET that day to discuss the first-quarter 2025 results and other business and financial updates. The conference call will be hosted by Harry Sideris, president and chief executive officer, and Brian Savoy, executive vice president and chief financial officer. The call can be accessed via the investors' section (duke-energ

    $DUK
    Power Generation
    Utilities
  • Duke Energy seeks to renew operating license for Robinson Nuclear Plant for another 20 years

    License extension supports growing energy demand, helps keep customer costs as low as possibleCHARLOTTE, N.C., April 8, 2025 /PRNewswire/ -- Duke Energy announced today its submission of a subsequent license renewal application to the U.S. Nuclear Regulatory Commission (NRC) for Robinson Nuclear Plant, located near Hartsville, S.C. The application requests extending the plant's operations for an additional 20 years. The Robinson Nuclear Plant, which began commercial operation in 1971, has been a cornerstone of Duke Energy's commitment to providing secure and reliable electrici

    $DUK
    Power Generation
    Utilities
  • Duke Energy responds to historic flooding in Ohio and Kentucky this weekend

    Ohio River expected to crest at 60 feet Monday morningCrews worked round the clock to restore power to over 70,000 customers since last ThursdayCINCINNATI, April 7, 2025 /PRNewswire/ -- Duke Energy encourages customers to stay safe as the company continues to respond to historic storms and flooding in the Greater Cincinnati area. As of 9 a.m. Monday, Duke Energy has restored power for more than 70,000 customers affected by last week's severe weather. Crews continue with restoration efforts in the areas hardest hit by the severe weather that began Thursday evening and continued through the weekend.

    $DUK
    Power Generation
    Utilities

Duke Energy Corporation (Holding Company) Analyst Ratings

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Duke Energy Corporation (Holding Company) Insider Trading

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Duke Energy Corporation (Holding Company) SEC Filings

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Duke Energy Corporation (Holding Company) Leadership Updates

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  • Duke Energy Board of Directors Appoints Harry Sideris as President and Chief Executive Officer, Effective April 1; Succeeds Lynn Good, Who Retires as Chair and CEO

    Sideris, a 29-year company veteran, also joins the board of directors; lead independent director Ted Craver becomes independent chair, both effective April 1In her more than 11 years as CEO, Good transformed Duke Energy into a leading, fully regulated utility – creating substantial customer and shareholder valueCHARLOTTE, N.C., Jan. 13, 2025 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced that its board of directors has appointed Harry Sideris, president and chief executive officer and a member of the board of directors, effective April 1, 2025. Sideris, currently president, will succeed Lynn Good, who will retire from her management and board roles at the company on April 1 after mor

    $DUK
    Power Generation
    Utilities
  • Power restoration efforts ongoing in North Carolina mountains and South Carolina upstate; company provides updated information

    Company working to share updated restoration information with remaining 420,000 customers without power, including those in the hardest-hit communities90% of customer outages in South Carolina and North Carolina will be restored FridayCrews have repaired more than 2 million power outages in the CarolinasEditor's note: Visit the Duke Energy News Center for storm director videos, downloadable B-roll and high-resolution images. CHARLOTTE, N.C., Oct. 3, 2024 /PRNewswire/ -- More than 21,000 workers continue to make progress restoring power to Duke Energy customers in western North Carolina and Upstate South Carolina following Helene's catastrophic damage, though major challenges remain.

    $DUK
    Power Generation
    Utilities
  • Duke Energy's Midwest Lineman's Rodeo qualifies 15 local lineworkers to compete in international event

    Midwest Lineman's Rodeo tests job skills critical to power delivery and restorationInternational rodeo competition featuring the world's top lineworkers to be held Oct. 19 in Bonner Springs, Kan.PLAINFIELD, Ind., April 29, 2024 /PRNewswire/ -- At a competition powered by skill and packed with competitors, 15 Duke Energy lineworkers secured spots over the weekend to compete among the most elite lineworkers in the world this fall at the International Lineman's Rodeo. Duke Energy's Midwest Lineman's Rodeo in Plainfield was one of three regional lineman's rodeos taking place this

    $DUK
    Power Generation
    Utilities
  • Duke Energy's Carolinas Lineman's Rodeo qualifies 30 local lineworkers to compete in international event

    Regional Lineman's Rodeo events test job skills critical to power delivery and restorationInternational rodeo competition featuring the world's top lineworkers to be held Oct. 19 in Bonner Springs, Kan.NEW HILL, N.C., March 26, 2024 /PRNewswire/ -- At a competition powered by skill and packed with competitors, 30 Duke Energy lineworkers secured spots over the weekend to compete among the most elite lineworkers in the world this fall at the International Lineman's Rodeo. Duke Energy's Carolinas Lineman's Rodeo in New Hill was one of three regional Lineman's Rodeos taking place

    $DUK
    Power Generation
    Utilities
  • Starboard Value Nominates Three Highly Qualified and Independent Candidates for Election to Algonquin Power's Board of Directors

    Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.

    $AQN
    $BAC
    $DUK
    $FYBR
    Electric Utilities: Central
    Utilities
    Major Banks
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  • Duke Energy appoints Harry Sideris president of company

    Sideris to report to Lynn Good, Chair and CEOSteve Young, EVP and Chief Commercial Officer, to retire after a 40-plus year careerBonnie Titone, Sasha Weintraub and Scott Batson to join company's senior management committeeCHARLOTTE, N.C., March 15, 2024 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced a set of executive leadership appointments, including the promotion of Harry Sideris to president of Duke Energy, effective April 1. Lynn Good remains Duke Energy's chair and CEO, as she continues to lead one of the nation's largest clean energy transitions through a strategy committed to reliability and affordability for its customers.

    $DUK
    Power Generation
    Utilities
  • Duke Energy board appoints Derrick Burks as board member

    CHARLOTTE, N.C., Feb. 24, 2022 /PRNewswire/ -- Duke Energy's board of directors today announced the appointment of Derrick Burks – a former managing partner at global professional services company EY (Ernst & Young) – as a new board member, effective March 1. Burks served as the managing partner at EY's Indianapolis office before retiring in 2017. Under his leadership, EY was the market leader for assurance, tax and advisory services in Indiana. Burks joined EY in 2002 and was promoted to managing partner in 2004. Prior to joining EY, Burks worked at the Indianapolis office of

    $DUK
    Power Generation
    Utilities
  • Duke Energy enters into cooperation agreement with Elliott Investment Management

    CHARLOTTE, N.C., Nov. 15, 2021 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced that it has entered into a cooperation agreement with Elliott Investment Management L.P. (together with its affiliates, collectively "Elliott") after several months of constructive dialogue. The agreement provides for the appointment of two new independent directors to Duke Energy's board of directors and is consistent with Duke's focus on enhancing shareholder value. Idalene (Idie) Kesner, 63, Dean of Indiana University's Kelley School of Business, an executive with strong leadership experi

    $DUK
    Power Generation
    Utilities
  • Duke Energy appoints new chief diversity and inclusion officer

    CHARLOTTE, N.C., Sept. 30, 2021 /PRNewswire/ -- Duke Energy today named Cameron McDonald chief diversity and inclusion officer and vice president, talent agility and acquisition. The appointment is effective Nov. 1, 2021. McDonald is currently Duke Energy's vice president, human resources, where she leads the company's talent acquisition, workforce agility and HR business partner functions.  She will succeed Joni Davis, who is retiring following a 34-year career with the company. McDonald will report to Ron Reising, chief human resources officer. "Cameron has broad experien

    $DUK
    Power Generation
    Utilities

Duke Energy Corporation (Holding Company) Financials

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  • Duke Energy to announce first-quarter financial results on May 6

    CHARLOTTE, N.C., April 9, 2025 /PRNewswire/ -- Duke Energy will post its first-quarter 2025 financial results at 7 a.m. ET on Tuesday, May 6 on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled at 10 a.m. ET that day to discuss the first-quarter 2025 results and other business and financial updates. The conference call will be hosted by Harry Sideris, president and chief executive officer, and Brian Savoy, executive vice president and chief financial officer. The call can be accessed via the investors' section (duke-energ

    $DUK
    Power Generation
    Utilities
  • Duke Energy to announce fourth-quarter and year-end 2024 financial results on Feb. 13

    CHARLOTTE, N.C., Jan. 14, 2025 /PRNewswire/ -- Duke Energy will post its fourth-quarter and year-end 2024 financial results at 7 a.m. ET on Thursday, Feb. 13 on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled at 10 a.m. ET that day to discuss the fourth-quarter and year-end 2024 results and other business and financial updates. The conference call will be hosted by Lynn Good, chair and chief executive officer, Harry Sideris, president, and Brian Savoy, executive vice president and chief financial officer. The call can b

    $DUK
    Power Generation
    Utilities
  • Duke Energy announces dividend payments to shareholders

    CHARLOTTE, N.C., Jan. 9, 2025 /PRNewswire/ -- Duke Energy (NYSE:DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on March 17, 2025, to shareholders of record at the close of business on Feb. 14, 2025. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 17, 2025, to shareholders of record at the close of business on Feb. 14, 2025. This is equivalent to $0.359375 per depositary share. Duke Energy has paid a cash dividend on its common stock for 99

    $DUK
    Power Generation
    Utilities
  • Duke Energy to announce third-quarter 2024 financial results on Nov. 7

    CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Duke Energy will post its third-quarter 2024 financial results at 7 a.m. ET on Thursday, Nov. 7 on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled at 10 a.m. ET that day to discuss the third-quarter 2024 results and other business and financial updates. The conference call will be hosted by Lynn Good, chair and chief executive officer, Harry Sideris, president, and Brian Savoy, executive vice president and chief financial officer. The call can be accessed via the investors'

    $DUK
    Power Generation
    Utilities
  • Duke Energy announces dividend payments to shareholders

    CHARLOTTE, N.C., Oct. 7, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on Dec. 16, 2024, to shareholders of record at the close of business on Nov. 15, 2024. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec. 16, 2024, to shareholders of record at the close of business Nov. 15, 2024. This is equivalent to $0.359375 per depositary share. Duke Energy has paid a cash dividend on its common stock for 98 con

    $DUK
    Power Generation
    Utilities
  • Duke Energy announces dividend payments to shareholders

    CHARLOTTE, N.C., July 15, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share, an increase of $0.02. This dividend is payable on Sept. 16, 2024, to shareholders of record at the close of business on Aug. 16, 2024. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Sept. 16, 2024, to shareholders of record at the close of business Aug. 16, 2024. This is equivalent to $0.359375 per depositary share. In addition, the company declared a semian

    $DUK
    Power Generation
    Utilities
  • Duke Energy announces dividend payments to shareholders

    CHARLOTTE, N.C., May 9, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.025 per share. This dividend is payable on June 17, 2024, to shareholders of record at the close of business on May 17, 2024. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on June 17, 2024, to shareholders of record at the close of business May 17, 2024. This is equivalent to $0.359375 per depositary share. Duke Energy has paid a cash dividend on its common stock for 98 consec

    $DUK
    Power Generation
    Utilities
  • Duke Energy to announce first-quarter financial results on May 7

    CHARLOTTE, N.C., April 11, 2024 /PRNewswire/ -- Duke Energy will post its first-quarter 2024 financial results at 7 a.m. ET on Tuesday, May 7 on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled at 10 a.m. ET that day to discuss the first-quarter 2024 results and other business and financial updates. The conference call will be hosted by Lynn Good, chair and chief executive officer, Harry Sideris, president, and Brian Savoy, executive vice president and chief financial officer. The call can be accessed via the investors'

    $DUK
    Power Generation
    Utilities
  • Oshkosh Corporation to Nominate Annette Clayton for Election to Board of Directors

    Oshkosh Corporation (NYSE:OSK), a leading innovator of purpose-built vehicles and equipment, today announced that its Board of Directors will nominate Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, for election to the Oshkosh Board at the Company's 2024 Annual Meeting of Shareholders. "The Oshkosh Board is pleased to nominate Annette, a proven chief executive in the industrial, energy management and technology sectors, for election to our Board," said Stephen D. Newlin, chairman of the board of Oshkosh. "Annette will bring valuable insights and considerable, relevant expertise to the Board as Oshkosh continues to execute i

    $DUK
    $NDSN
    $NXPI
    $OSK
    Power Generation
    Utilities
    Industrial Machinery/Components
    Industrials
  • Duke Energy Florida to file for new base rates, expects lower overall customer bills in 2025

    Filing to include smart investments in innovative technologies to increase efficiency, reduce outages, while generating customer savingsBuilding 14 new solar sites, adding 1,050 megawatts of clean energyExpiring fuel and storm recovery costs lower overall customer bills in 2025 ST. PETERSBURG, Fla., Jan. 31, 2024 /PRNewswire/ -- Today, Duke Energy Florida notified the Florida Public Service Commission (FPSC) of its intent to file a rate case in April that proposes investments to increase generation unit efficiency, reduce outages and expand solar generation as part of increased base rates taking effect in January 2025.   

    $DUK
    Power Generation
    Utilities

Duke Energy Corporation (Holding Company) Large Ownership Changes

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