|Bid||0.00 x 800|
|Ask||80.00 x 1100|
|Day's Range||78.53 - 80.92|
|52 Week Range||71.96 - 91.80|
|PE Ratio (TTM)||20.19|
|Earnings Date||Nov 1, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||3.71 (4.54%)|
|1y Target Est||85.06|
CHARLOTTE, N.C., Sept. 23, 2018 /PRNewswire/ -- Initial water tests from Duke Energy's L.V. Sutton Plant in Wilmington confirm that discharges from the cooling lake to the Cape Fear River are not harming water quality downstream. As the company has previously reported, coal ash basins remain stable. Water samples captured on Friday upstream and downstream of the Sutton plant site show little to no impact to river water quality.
Nearly all rivers and waterways in North and South Carolina will crest Sunday, but most will remain at dangerous flood levels for days to come, the U.S. National Weather Service warned, more than a week after the arrival of Hurricane Florence, which has killed at least 40 people. Swaths of rivers near the Atlantic coast will not crest for days to come, such as the lower Cape Fear River near Wilmington, N.C., one of the hardest hit communities, said Bob Oravec, a meteorologist with the NWS's Weather Prediction Center in College Park Maryland.
WILMINGTON, N.C. (AP) — Gray muck is flowing into the Cape Fear River from the site of a dam breach at a Wilmington power plant where an old coal ash dump had been covered over by Florence's floodwaters.
CHARLOTTE, N.C., Sept. 22, 2018 /PRNewswire/ -- Aerial and ground level inspections of Duke Energy's L.V. Sutton Plant in Wilmington confirm that conditions at the plant are stable during ongoing historic flooding caused by Hurricane Florence. The Cape Fear River continues to overtop the northern section of a cooling lake dam and is exiting through a breach on the southern end of the cooling lake impoundment. The company is bringing in additional construction materials from across the state to repair the breach as soon as flood waters recede and it is safe to do so.
WILMINGTON, N.C. (AP) — Florence's floodwaters breached a dam holding back a large reservoir at a Wilmington power plant Friday, and coal ash from an adjacent dump could be flowing into the nearby Cape Fear River.
Duke Energy Corp. said Friday that the rising Cape Fear River overtopped the dam at a cooling pond next to a coal-ash landfill at its L.V. Sutton Power Plant. The company believes the coal ash—which was about 5 feet below a steel wall at last check—is still contained, but Duke Energy spokeswoman Paige Sheehan said she couldn’t rule out the possibility that coal ash was moving into the Cape Fear River.
Duke Energy Corp said it shut down a North Carolina natural gas plant due to flooding as the deluge of water continued in the aftermath of Hurricane Florence, which has killed more than 40 people. Duke also said it cannot rule out the possibility that coal ash from another plant is flowing into nearby waters. Water breached the cooling lake dam at Duke's 625-megawatt natural gas L.V. Sutton plant, causing the company to shut the plant.
- Company expects to restore 99% of customers by Sunday night - Some outages in N.C. cities of Jacksonville, Morehead City, New Bern will linger into Monday - A few thousand customers will not be able ...
U.S. equities on the S&P 500 sold off into Friday's close after spending the majority of the day in positive territory, joining the Nasdaq in the red for the day. The Dow Jones Industrial Average gained 0.26%, or 69 points to 26,726, while the S&P 500 fell 0.05%, or 2 points to 2,929, and the Nasdaq fell 0.51%, or 41 points to 7,987. activated a high-level emergency alert at a retired coal-fired power plant because of rising floodwaters from Hurricane Florence possibly breaching a dam nearby, the company said the dam has, in fact, been breached and coal ash could be flowing into nearby Cape Fear River.
The breach of a pond used to store coal ash in North Carolina has revived criticism of the Trump administration’s efforts to loosen restrictions on how power plants dispose of the toxic waste. The Environmental Protection Agency in July relaxed Obama administration requirements that forced companies to keep a closer watch on coal ash disposal sites and their potential groundwater contamination -- and signaled further revisions sought by industry are coming. “The rollbacks by the Trump administration make these kinds of risks more likely and more dangerous,” said John Rumpler, clean water program director for advocacy group Environment America.
Duke Energy Progress says coal-ash by-products have washed out of an inactive coal-ash basin to the Cape Fear River and it cannot be certain that contaminated ash has not leaked.
Three retired coal-ash ponds at the H.F. Lee plant are underwater and appear to have released ash into the Neuse River. Meanwhile, the Cape Fear River has swamped Sutton Lake's dam at the Sutton Power Plant in Wilmington.
Duke Energy Corp. warned Friday that flooding at a plant in Wilmington, North Carolina caused by the storm named Florence has caused breaches in the dam holding a cooling lake for a natural gas plant and that coal ash may be flowing into the Cape Fear River. The company has shut down the 625-megawatt natural gas plant as a safety precaution. "The rising river continues to overtop the north end of the cooling lake dam, a surface that is protected by a layer of compacted soil and cement," the company said in a statement. "Water is now exiting the cooling lake through breaches - one large and several smaller - on the southern end of the impoundment." The site contains two coal ash basins, one of which is believed to be holding in place behind a steel wall separating the excavation layer from the cooling lake. But cenospheres, lightweight beads made up of alumni and silica that are byproducts of coal combustion, are moving to the cooling lake and into the river. Experts are on site and are developing a repair plan, the company said. Shares fell about 1% Friday and are down 5% in 2018, while the S&P 500 has gained almost 10%.
Floodwaters have overwhelmed an ash basin at a Duke Energy Corp. power plant in North Carolina, spilling a byproduct of burning coal into the Cape Fear River. The company said coal ash at the site “remains in place” but that tiny beads called cenospheres are flowing into the river. The hollow beads, left over from burning coal, are comprised of alumina and silica, Duke said in a statement Friday.
activated a high-level emergency alert at a retired coal-fired power plant because of rising floodwaters from Hurricane Florence possibly breaching a dam nearby, the company said the dam has, in fact, been breached and coal ash could be flowing into nearby Cape Fear River. Duke Energy has shut down the 625-megawatt natural gas plant at the site. North Carolina's Department of Energy Mineral and Land Resources didn't return a request for comment on the situation.
As of September 20, Reuters has compiled data from 19 analysts tracking Duke Energy (DUK) stock. Two of them have recommended a “strong buy,” and five have rated it a “buy.” One analyst has recommended a “sell.” The rest of them have recommended a “hold.”
CHARLOTTE, N.C., Sept. 21, 2018 /PRNewswire/ -- Cape Fear River flooding conditions at the company's L.V. Sutton plant in Wilmington, N.C. have caused breaches in the cooling lake dam surrounding the cooling lake and caused the company to shut down the 625-megawatt natural gas plant there. Water is now exiting the cooling lake through breaches - one large and several smaller - on the southern end of the impoundment. The cooling lake water also flowed into the natural gas plant footprint.
A dam containing a large lake at Duke Energy Corp's Wilmington power plant in North Carolina has been breached by floodwaters from the storm Florence, the Associated Press reported https://apnews.com/715387dab6d248f8a5e7397968225e0e/APNewsBreak:-Dam-breach-at-Duke-plant;-coal-ash-could-spill ...
Duke spokeswoman Paige Sheehan said Friday that floodwaters continue to overtop an earthen dike at the north side of Sutton Lake, a 1,100-acre (445-hectare) reservoir at the L.V. Sutton Power Station.
A Duke Energy dam containing a 1,100-acre reservoir in North Carolina is breached, and may be causing coal ash to flow into the nearby Cape Fear River. Hurricane Florence brought rain measured in feet to North Carolina, followed by rising rivers and standing water in fields. The president of Duke Energy's North Carolina operations, David Fountain, told CNBC earlier this week that the impact from Hurricane Florence has been the most severe he's ever experienced.
As of September 20, Duke Energy (DUK) was trading at a dividend yield of 4.6%. At that level, it’s one percentage point above utilities’ average yield. DUK has paid a dividend every quarter for the last 92 years.
Duke Energy (DUK) has fallen 4.1% YTD (year-to-date). However, the Utilities Select Sector SPDR ETF (XLU) has risen 1.2% YTD. The S&P 500 Index and the S&P Mid-Cap 400 Index, the broader market indexes, have risen 9.6% and 7.6% YTD, respectively. Utility stocks constitute 2.8% and 4.5% of these equity indexes, respectively.
Duke Energy says it's been forced to shut down its natural gas plant in Wilmington, North Carolina, because of flooding caused by Hurricane Florence. Colette Luke has more.
Floodwaters topped a dike at Sutton Lake which led to breaches at the lake's south end, causing it to flow back into the river. Coal ash may have flowed into the Cape Fear River, raising fears of possible contamination.
CNBC's Jackie DeAngelis reports on headlines about a dam breach at a North Carolina Duke Energy plant that is potentially causing coal ash to contaminate the nearby river in the aftermath of Hurricane Florence.