|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||85.30 - 86.62|
|52 Week Range||71.96 - 91.80|
|Beta (3Y Monthly)||-0.10|
|PE Ratio (TTM)||21.03|
|Earnings Date||Nov 1, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||3.71 (4.34%)|
|1y Target Est||85.35|
Gastonia-based PSNC Energy has contracted to buy 80% of the capacity planned for the proposed $350 million MVP Southgate Pipeline.
CHARLOTTE, N.C., Nov. 13, 2018 /PRNewswire/ -- Duke Energy is providing more than $1.1 million to support 11 North Carolina environmental nonprofit organizations to preserve, protect and enhance natural heritage across the state. "North Carolina is home to some of the nation's most beautiful and treasured natural resources," said Stephen De May, Duke Energy's North Carolina president. The Conservation Trust of North Carolina, for example, will use its grant to provide service opportunities for diverse youth and young adults to complete high priority conservation projects across the state.
- A typical residential customer's winter bill projected to be approximately $16 lower per month on average compared to last winter - Annual bills for the average residential customer in South Carolina ...
ST. PETERSBURG, Fla. , Nov. 13, 2018 /PRNewswire/ -- Duke Energy Florida is granting more than $343,000 to 10 nonprofit organizations throughout the state to restore and protect the natural environment ...
CHARLOTTE, N.C., Nov. 12, 2018 /PRNewswire/ -- Duke Energy Renewable Services, an operations and maintenance organization for wind and solar asset owners across the U.S., has won recognition for its high standard of operational excellence in 2018. Duke Energy Renewable Services' technicians received the 2018 Wind Technician Team of the Year Award at the 10th Annual Wind Operations forum in Dallas this year. This team is operating and maintaining DTE Energy's wind fleet in Michigan and was recognized for its accomplishments in safety performance, innovation, environmental stewardship and customer service.
On approval, the latest rate hike is expected to contribute $59 million to Duke Energy's (DUK) top line and support this utility provider in duly achieving its investment goals
Duke Energy's plan for $16 billion in grid spending in the Carolinas has raised eyebrows and a good number objections. New rate cases in South Carolina may show a way for reaching consensus.
With two "500-year storms" hitting the Carolinas in just three years, Duke Energy would like to issue bonds to cover storm costs, but it needs approval from the S.C General Assembly.
Much of the money Duke Energy Carolinas will raise is likley to finance solar farms that Duke purchases and operates through the competitive-bidding process that started just this year in the Carolinas.
CHARLOTTE, N.C., Nov. 9, 2018 /PRNewswire/ -- Piedmont Natural Gas is educating customers on how to recognize Piedmont service technicians as part of an awareness campaign to protect customers of the Charlotte-based natural gas distribution company from utility scammers. Fall is typically a busy time for Piedmont's technicians, who are a common sight in neighborhoods as they perform routine maintenance, conduct safety inspections and respond to service requests. Unfortunately, customers in past years have been victimized by scammers posing as utility workers.
- Awareness campaign coincides with start of holiday season - when reported scam activity spikes. CHARLOTTE, N.C., Nov. 9, 2018 /PRNewswire/ -- Duke Energy, a founding member of Utilities United Against Scams (UUAS), is continuing its efforts to remind customers of the tactics scammers use to steal money from customers and to inform them on how they can guard against falling victim to utility imposter scams. UUAS, a consortium of more than 100 U.S. and Canadian electric, water, and natural gas companies (and their respective trade associations), continues to raise awareness of utility scams targeting customers.
- Duke Energy Carolinas' first clean energy investment offering - One of the largest issuance of green bonds for utility industry CHARLOTTE, N.C. , Nov. 9, 2018 /PRNewswire/ -- Duke Energy Carolinas, a ...
Work to modernize power plants and generate cleaner electricity, responsibly manage coal ash, improve reliability and continually enhance service is at the heart of a request by Duke Energy Carolinas to change customer rates in South Carolina. Based on these investments, the filing with the Public Service Commission of South Carolina (PSCSC) requests to increase revenues by about $168 million, for an overall average rate increase across all customer classes of 10.0 percent.
GREENVILLE, S.C. -- Work to modernize power plants and generate cleaner electricity, responsibly manage coal ash, improve reliability and continually enhance service is at the heart of a request by Duke Energy Progress to change customer rates in South Carolina. Based on these investments, the filing today with the Public Service Commission of South Carolina (PSCSC) requests to increase revenues by about $59 million, for an overall average rate increase across all customer groups of 10.3 percent.
This is the first time that the two Duke Energy Corp. utilities have filed simultaneously for rate increases. The ultimate S.C. Public Service Commission rulings on the proposals will be independent of each other.
- Stan Pinegar named Indiana state president - Melody Birmingham-Byrd named senior vice president and chief procurement officer PLAINFIELD, Ind. , Nov. 8, 2018 /PRNewswire/ -- Duke Energy today announced ...
The initial market reaction to the U.S. midterm elections was certainly positive. But now that the dust has started to settle, energy investors are digging deeper to determine exactly what the fallout ...
Duke Energy's proposals would be a double hit to independent solar power producers, cutting the price its utilities pay for power from their projects and adding a new charge that squeezes profits further.
NEW YORK, Nov. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Solar advocates say customers benefit from renewable energy however projects are built. Duke Energy contends customers will pay more for power from projects built without competitive bids.
When broad market volatility picks up, it is not uncommon to see investors allocate capital to relatively stable segments such as reserve currencies, fixed income, precious metals, utilities and financials. In the paragraphs below, we'll take a look at several charts from within the utilities sector. The increased buying pressure is evident on the chart of the Utilities Select Sector SPDR Fund.
NextEra Energy (NEE), the biggest constituent of the Utilities Select Sector SPDR ETF (XLU), has a potential upside of 8% based on analysts’ median target price of $181.41 and its current price of $168.15. Among the top utilities, NEE seems to be analysts’ favorite. Fourteen of the 18 analysts tracking it have given it “buy” ratings.
NextEra Energy (NEE), the biggest utility by market cap, is currently trading at a forward PE of 20x based on its estimated earnings for 2019. Its five-year historical average PE is close to 20x.