|Bid||87.25 x 1100|
|Ask||89.00 x 800|
|Day's Range||87.83 - 88.69|
|52 Week Range||78.00 - 91.67|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||21.43|
|Earnings Date||Aug 6, 2019|
|Forward Dividend & Yield||3.78 (4.29%)|
|1y Target Est||94.67|
When the 1,300-acre, 200-megawatt farm is completed next year, it will be the largest solar project in Duke Energy's fleet and will rival its wind projects for megawatts of power capacity.
CHARLOTTE, N.C., July 22, 2019 /PRNewswire/ -- Duke Energy Renewables, a subsidiary of Duke Energy (DUK), is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute Solar Energy. The project, located in Nolan County, Texas, will be the largest in Duke Energy Renewables' fleet once complete. "We're pleased to add another Texas project to our growing renewables portfolio," said Rob Caldwell, president of Duke Energy Renewables.
Rate cut expectations continued to drive broader markets last week. The utilities sector fell 0.4%, while SPY fell 1.2% for the week ending July 19.
CBJ has determined the identity of several solar developers that signed power-purchase agreements, but Duke Energy isn't revealing details to the public.
Duke Energy has paid more than $1.36 million to reimburse state and federal agencies for expenses incurred in assessing the damage from the 2014 Dan River coal-ash spill.
America’s biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy that could backfire if projects do not materialize or panel prices slide substantially. Duke Energy, 8minute Solar Energy and Shell-backed Silicon Ranch are among those working to claim the full subsidy, which is available to firms that either start construction or spend 5% of a project’s capital cost by the end of 2019. Consumers who purchase residential solar this year are eligible for the full tax credit, but the rules that allow the subsidy to be locked in now for systems installed much later apply only to companies.
CHARLOTTE, N.C., July 18, 2019 /PRNewswire/ -- Duke Energy today announced the substantial completion of a number of conservation and recreation projects the company initiated in the wake of the February 2014 Dan River coal ash release, along with the completed excavation of the two coal ash basins at the former Dan River Steam Station. Now the federal government is seeking public comment on the Dan River restoration plan as part of the Natural Resources Damage Assessment and Restoration (NRDAR) process, which is designed to address potential impacts from an environmental event.
CHARLOTTE, N.C., July 18, 2019 /PRNewswire/ -- Duke Energy is providing tools and tips to help customers in North Carolina and South Carolina save energy and money as the region's lingering heat wave continues. The Duke Energy system is performing well and the team will continue to closely monitor the electric system to ensure its customers receive reliable power during the extended hot weather period. High temperatures can lead to higher energy bills as Duke Energy customers try to stay cool this summer.
NextEra Energy (NEE) will likely report its second-quarter earnings on July 24. The utility is expected to report an EPS of $2.28 for the quarter ended June 30.
More companies appear to be aiming lobbyists at the North Carolina General Assembly in 2019. The latest figures out of the North Carolina Secretary of State’s office show 1,062 entities - from companies to municipalities - have registered lobbyists working on behalf of their agendas on Jones Street. None of those companies registered lobbyists in the state a year ago, yet, in the latest report, Bird, Lime, Lyft and Airbnb all have representation in the registry.
A pilot program proposed by the Charlotte-based power company wins significant support from environmental groups — but the state agency charged with protecting consumers' interests recommends that it be rejected.
American Electric's (AEP) subsidiaries seek approvals to buy three wind projects of Oklahoma. These facilities are likely to supply more than 5.7 million MWh of electricity annually.
Southern Company (SO) declared a quarterly dividend of $0.62 per share on Monday. The dividend is in line with the previous quarterly dividend.
CHARLOTTE, N.C. , July 13, 2019 /PRNewswire/ -- Duke Energy today issued the following statement in response to a decision by President Donald Trump declining to set uranium production quotas for the ...
Understanding Duke Energy Corporation's (NYSE:DUK) performance as a company requires examining more than earnings from...
- Grants presented to six organizations in Hancock, Shelby, Cass, Whitley, Tippecanoe, Vigo, Howard counties PLAINFIELD, Ind. , July 10, 2019 /PRNewswire/ -- Duke Energy has awarded grants totaling $103,397 ...
(PNC) a large regional bank based in Pittsburgh, on Tuesday declared a quarterly dividend of $1.15 a share, up from 95 cents, for a 21% boost. The bank said on June 27 that the Federal Reserve had no objections to its capital plan, which included the dividend increase and share buybacks, over the next 12 months. Tuesday’s announcement made the dividend increase official.
On Sunday, Duke Energy declared a quarterly dividend of $0.945 per share—an increase of ~2% compared to its last quarterly dividend.
CHARLOTTE, N.C. , July 8, 2019 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.945 per share, an increase of $0.0175 per share. This dividend is payable on ...
The seven-member N.C. Utilities Commission is down to just four people as the state legislature has yet to act on three nominees proposed by Gov. Roy Cooper.