|
Duke Energy Corporation (NYSE: DUK) |
|
Price: $118.4200
$0.96 
0.817%
|
| Day's High:
| $117.665
| Week Perf:
| 0.42 %
|
| Day's Low: |
$ 117.32 |
30 Day Perf: |
3.16 % |
| Volume (M): |
237 |
52 Wk High: |
$ 125.27 |
| Volume (M$): |
$ 27,912 |
52 Wk Avg: |
$114.91 |
| Open: |
$117.28 |
52 Wk Low: |
$105.20 |
|
|
| Market Capitalization (Millions $) |
92,012 |
| Shares
Outstanding (Millions) |
777 |
| Employees |
27,037 |
| Revenues (TTM) (Millions $) |
30,935 |
| Net Income (TTM) (Millions $) |
4,867 |
| Cash Flow (TTM) (Millions $) |
18 |
| Capital Exp. (TTM) (Millions $) |
12,220 |
Duke Energy Corporation
Duke Energy Corporation is a prominent energy company in the Americas, with its operations extending across various sectors, including electric and natural gas transmission, field services, merchant power generation, and international energy assets. The company comprises several distinct business units, which are regularly reviewed by its chief operating decision maker for resource allocation and performance evaluation.
Business Units:
1. Franchised Electric
Duke Energy's Franchised Electric division is responsible for generating, transmitting, distributing, and selling electricity. This segment operates primarily through Duke Power, serving approximately2 million residential, commercial, and industrial customers across central and western North Carolina and western South Carolina. The service area spans approximately 22,000 square miles, and the electricity distribution network includes over 92,000 miles of distribution lines and a 13,000-mile transmission system. Additionally, the division sells electricity to municipalities and public and private utilities, as well as agreements with certain cooperative customers for power from the Catawba Nuclear Station.
Natural Gas Transmission
This segment oversees the transportation and storage of natural gas across various regions, including the East Coast and Southern United States, the Pacific Northwest, and Canada. It provides retail natural gas services in Ontario and offers gas transportation and processing in Western Canada. Duke Energy Gas Transmission Corporation primarily manages these operations.
Field Services
Field Services focuses on the natural gas supply chain, which includes gathering, processing, transporting, trading, and storing natural gas and NGLs (Natural Gas Liquids). Conducted primarily through DEFS (Duke Energy Field Services), of which Duke Energy holds a 70% stake, this unit operates an extensive network of approximately 58,000 miles of natural gas gathering systems with over 34,000 active receipt points, sourcing gas from a vast array of production wells.
Duke Energy North America (DENA)
DENA manages merchant power generation facilities and engages in commodity trading related to electric power and natural gas. Its operations span the U.S. and Canada. DENA operates through Duke Energy North America and DETM, the latter being a partnership with Exxon Mobil Corporation.
International Energy
This division develops, operates, and manages power generation facilities and engages in sales and marketing of electric power and natural gas outside the U.S. and Canada, particularly focusing on opportunities in Latin America through DEI.
Other Operations
The segment known as Other Operations comprises various businesses, servicing different energy-related sectors, which are primarily managed through subsidiaries such as Crescent, DukeNet, DCP, DEM, D/FD, and EDS.
Competitive Landscape
Duke Energys Field Services competes with major integrated oil companies, national and local gas gatherers, brokers, and distributors, focusing on reliability, efficiency, pricing, and transportation availability. DENA faces competition from various electric power generation firms, financial institutions, and gas marketers, where price and service reliability are critical. In the International Energy sector, competition arises from government-owned and privately-owned generating entities, with pricing and reliability being the dominant factors influencing market dynamics. The Other Operations segment encounters competition from companies providing engineering, construction, and maintenance services.
Overall, Duke Energy Corporation remains a key player in the energy sector, actively managing a diverse portfolio of segments that continually adapt to market conditions and competitive challenges.
Company Address: 525 South Tryon Street Charlotte 28202 NC
Company Phone Number: 488-3853 Stock Exchange / Ticker: NYSE DUK
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| Duke Energy Corporation
Duke Energy Corporation is a prominent and influential company in the electric utilities industry. Its recent financial performance showcases significant growth in various key metrics, signifying its strong position in the market.
During the fiscal period ending March 31, 2024, Duke Energy reported a remarkable surge in profit per share, which rose by 42.57% to $1.44 per share compared to $1.01 in the previous year. Additionally, income per share increased by 12.32% from $1.28 per share in the previous quarter. These figures indicate the company's ability to generate higher earnings and deliver value to its shareholders.
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| Financing Agreement
Published Wed, Feb 28 2024 2:00 PM UTC
AiDash Extends Series C Funding Round, Secures Strategic Investment from Duke Energy
SAN JOSE, Calif. - AiDash, a leading enterprise SaaS company specializing in utilizing satellites and AI to make critical infrastructure industries climate resilient and sustainable, has announced a significant strategic investment from Duke Investments, LLC, a subsidiary of Duke Energy ...
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| Duke Energy Corporation
Duke Energy Corporation, one of the leading electric utilities companies, recently announced its financial results for the fourth quarter of 2023. The company reported a positive profitability of $1.28 per share, a significant improvement from the previous year's performance of -$0.84 per share. However, profits fell by -19.37% from the preceding quarter, reducing investor optimism.
Despite this decline in profits, the company's revenue showed moderate growth of 3.279%, reaching $7.21 billion compared to $6.98 billion in the same quarter a year prior. However, sequentially, the revenue deteriorated by -9.782% from $7.99 billion. These results indicate that the company needs to focus on maintaining consistent revenue growth to ensure long-term stability.
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| Duke Energy Corporation
he Electric Utilities sector grapples with diminishing orders and declining revenue, Duke Energy Corporation stands tall amidst adversity. The company's recent financial results for the most recent fiscal period reveal a tenacious effort to combat industry challenges and set an example for its peers. Although revenue witnessed a modest 0.326% elevation, a 12.15% reduction in income compared to the corresponding reporting period a year ago raises eyebrows.
Despite this decline, Duke Energy Corporation boasts impressive figures that signify its ability to adapt and navigate a volatile market. Revenues of $7.99 billion and earnings per share (EPS) of $1.59 serve as a testament to the company's resolute mindset. A comprehensive analysis of the financial landscape reveals a series of positive developments and areas of concern for the company.
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| Duke Energy Corporation
Duke Energy Corporation, a leading energy company, has experienced a drop in its stock price and a significant decline in revenue, resulting in a widening deficit. These financial results, combined with increasing inventories and accounts receivable, present a mixed picture for the company's future prospects. This article will analyze the implications of these developments and their potential impact on Duke Energy's future operations.
1. Fading Revenue and Greater Deficit:
During the financial period closing June 30, 2023, Duke Energy Corporation faced lower demand, leading to a significant decrease in revenue by -7.768% to $6.58 billion year-on-year. This decline caused a net deficit of $-204.000 million. Compared to the previous corresponding quarter, where the company achieved a bottom line of $820.000 million, the recent performance is a cause for concern. The company needs to address the factors contributing to this fading revenue and deficit to regain stability.
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| |
| Duke Energy Indiana |
|
 10.4 % |
of total Revenue |
| Duke Energy Ohio |
|
9.4 % |
of total Revenue |
| Duke Energy Carolinas |
|
30.6 % |
of total Revenue |
| Progress Energy |
|
42.03 % |
of total Revenue |
| Duke Energy Progress |
|
24.46 % |
of total Revenue |
| Duke Energy Florida |
|
17.51 % |
of total Revenue |
| Piedmont |
|
10.76 % |
of total Revenue |
| Other |
|
0.1 % |
of total Revenue |
| Eliminations |
|
-0.88 % |
of total Revenue |
| Eliminations Progress Energy |
|
0.06 % |
of total Revenue |
| Total Reportable Segments |
|
100.38 % |
of total Revenue |
| Total Reportable Duke Energy Ohio |
|
9.29 % |
of total Revenue |
| Total Reportable Eliminations |
|
0.47 % |
of total Revenue |
| Electric Utilities and Infrastructure |
|
86.37 % |
of total Revenue |
| Electric Utilities and Infrastructure Duke Energy Indiana |
|
10.4 % |
of total Revenue |
| Electric Utilities and Infrastructure Duke Energy Ohio |
|
5.9 % |
of total Revenue |
| Electric Utilities and Infrastructure Duke Energy Carolinas |
|
30.6 % |
of total Revenue |
| Electric Utilities and Infrastructure Progress Energy |
|
41.97 % |
of total Revenue |
| Electric Utilities and Infrastructure Duke Energy Progress |
|
24.46 % |
of total Revenue |
| Electric Utilities and Infrastructure Duke Energy Florida |
|
17.51 % |
of total Revenue |
| Electric Utilities and Infrastructure Eliminations |
|
0.18 % |
of total Revenue |
| Gas Utilities and Infrastructure |
|
14.03 % |
of total Revenue |
| Gas Utilities and Infrastructure Duke Energy Ohio |
|
3.38 % |
of total Revenue |
| Gas Utilities and Infrastructure Piedmont |
|
10.39 % |
of total Revenue |
| Gas Utilities and Infrastructure Eliminations |
|
0.29 % |
of total Revenue |
| Other Other |
|
0.51 % |
of total Revenue |
| Other Eliminations |
|
0.41 % |
of total Revenue |
| Duke Energy Carolinas JDA Duke Energy Progress |
|
0.99 % |
of total Revenue |
| Progress Energy JDA Duke Energy Carolinas |
|
1.41 % |
of total Revenue |
| Duke Energy Progress JDA Duke Energy Carolinas |
|
1.41 % |
of total Revenue |
| Piedmont Intercompany natural gas purchases and sales Related Party |
|
0.25 % |
of total Revenue |
| Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
41.25 % |
of total Revenue |
| Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
23.29 % |
of total Revenue |
| Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
9.98 % |
of total Revenue |
| Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
8.12 % |
of total Revenue |
| Electric Utilities and Infrastructure Other revenues |
|
2.86 % |
of total Revenue |
| Gas Utilities and Infrastructure Gas Utilities and Infrastructure Residential |
|
8.56 % |
of total Revenue |
| Gas Utilities and Infrastructure Gas Utilities and Infrastructure Commercial |
|
3.9 % |
of total Revenue |
| Gas Utilities and Infrastructure Gas Utilities and Infrastructure Industrial |
|
0.67 % |
of total Revenue |
| Gas Utilities and Infrastructure Other revenues |
|
0.9 % |
of total Revenue |
| Duke Energy Carolinas Electric Utilities and Infrastructure |
|
30.2 % |
of total Revenue |
| Duke Energy Carolinas Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
13.66 % |
of total Revenue |
| Duke Energy Carolinas Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
8.5 % |
of total Revenue |
| Duke Energy Carolinas Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
4.05 % |
of total Revenue |
| Duke Energy Carolinas Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
1.81 % |
of total Revenue |
| Duke Energy Carolinas Electric Utilities and Infrastructure Other revenues |
|
2.18 % |
of total Revenue |
| Progress Energy Electric Utilities and Infrastructure |
|
41.31 % |
of total Revenue |
| Progress Energy Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
19.57 % |
of total Revenue |
| Progress Energy Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
10.24 % |
of total Revenue |
| Progress Energy Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
3.24 % |
of total Revenue |
| Progress Energy Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
5.37 % |
of total Revenue |
| Progress Energy Electric Utilities and Infrastructure Other revenues |
|
2.9 % |
of total Revenue |
| Duke Energy Progress Electric Utilities and Infrastructure |
|
24.18 % |
of total Revenue |
| Duke Energy Progress Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
9.94 % |
of total Revenue |
| Duke Energy Progress Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
5.03 % |
of total Revenue |
| Duke Energy Progress Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
2.34 % |
of total Revenue |
| Duke Energy Progress Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
4.9 % |
of total Revenue |
| Duke Energy Progress Electric Utilities and Infrastructure Other revenues |
|
1.98 % |
of total Revenue |
| Duke Energy Florida Electric Utilities and Infrastructure |
|
17.13 % |
of total Revenue |
| Duke Energy Florida Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
9.63 % |
of total Revenue |
| Duke Energy Florida Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
5.21 % |
of total Revenue |
| Duke Energy Florida Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
0.9 % |
of total Revenue |
| Duke Energy Florida Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
0.47 % |
of total Revenue |
| Duke Energy Florida Electric Utilities and Infrastructure Other revenues |
|
0.92 % |
of total Revenue |
| Duke Energy Ohio Electric Utilities and Infrastructure |
|
6.02 % |
of total Revenue |
| Duke Energy Ohio Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
3.42 % |
of total Revenue |
| Duke Energy Ohio Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
1.72 % |
of total Revenue |
| Duke Energy Ohio Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
0.4 % |
of total Revenue |
| Duke Energy Ohio Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
0.27 % |
of total Revenue |
| Duke Energy Ohio Electric Utilities and Infrastructure Other revenues |
|
0.22 % |
of total Revenue |
| Duke Energy Ohio Gas Utilities and Infrastructure |
|
3.37 % |
of total Revenue |
| Duke Energy Ohio Gas Utilities and Infrastructure Gas Utilities and Infrastructure Residential |
|
2.25 % |
of total Revenue |
| Duke Energy Ohio Gas Utilities and Infrastructure Gas Utilities and Infrastructure Commercial |
|
0.85 % |
of total Revenue |
| Duke Energy Ohio Gas Utilities and Infrastructure Gas Utilities and Infrastructure Industrial |
|
0.19 % |
of total Revenue |
| Duke Energy Ohio Gas Utilities and Infrastructure Other revenues |
|
0.07 % |
of total Revenue |
| Duke Energy Indiana Electric Utilities and Infrastructure |
|
10.36 % |
of total Revenue |
| Duke Energy Indiana Electric Utilities and Infrastructure Electric Utilities and Infrastructure Residential |
|
4.59 % |
of total Revenue |
| Duke Energy Indiana Electric Utilities and Infrastructure Electric Utilities and Infrastructure Commercial |
|
2.82 % |
of total Revenue |
| Duke Energy Indiana Electric Utilities and Infrastructure Electric Utilities and Infrastructure Industrial |
|
2.27 % |
of total Revenue |
| Duke Energy Indiana Electric Utilities and Infrastructure Electric Utilities and Infrastructure Wholesale |
|
0.69 % |
of total Revenue |
| Duke Energy Indiana Electric Utilities and Infrastructure Other revenues |
|
-0.01 % |
of total Revenue |
| Piedmont Gas Utilities and Infrastructure |
|
10.76 % |
of total Revenue |
| Piedmont Gas Utilities and Infrastructure Gas Utilities and Infrastructure Residential |
|
6.3 % |
of total Revenue |
| Piedmont Gas Utilities and Infrastructure Gas Utilities and Infrastructure Commercial |
|
3.05 % |
of total Revenue |
| Piedmont Gas Utilities and Infrastructure Gas Utilities and Infrastructure Industrial |
|
0.47 % |
of total Revenue |
| Piedmont Gas Utilities and Infrastructure Gas Utilities and Infrastructure Power Generation |
|
0.29 % |
of total Revenue |
| Piedmont Gas Utilities and Infrastructure Other revenues |
|
0.64 % |
of total Revenue |
2.27% 