Julie Janson, EVP and CEO, Duke Energy Carolinas, to retire after a distinguished 37-year career with the company Kodwo Ghartey-Tagoe, Alex Glenn and Louis Renjel to be appointed to new leadership positions, reflecting the depth of Duke Energy's leadership team Cameron McDonald to join the company's senior management committeeCHARLOTTE, N.C., May 2, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced a series of leadership appointments to further advance the company's strategy and ensure it is bes ...

Financial Data and Key Metrics Changes - Duke Energy increased its capital plan to $83 billion over the next five years, one of the largest regulated plans in the industry [28] - The company reported a consistent annual growth rate of 5% to 7% and has paid a dividend for 99 consecutive years [30][42] Business Line Data and Key Metrics Changes - The company avoided over 2.3 million customer outages and more than 11 million hours of total outage time through grid improvements [29] - Duke Energy provided nearly $148 million in energy bill assistance, supporting over 210,000 households [30] Market Data and Key Metrics Changes - The company reported that all residential rates across its regions are below the national average [46] - The stock price has ranged from $100 to $120 per share over the last six months, which is considered affordable for small investors [44] Company Strategy and Development Direction - Duke Energy is focused on delivering value for customers and shareholders by investing in reliability, resiliency, and affordability [28] - The company is advancing new generation through integrated resource plans and plans to add five gigawatts of new natural gas generation by 2029 [32] Management's Comments on Operating Environment and Future Outlook - The CEO emphasized the pivotal moment for the industry, highlighting unprecedented growth potential and the importance of a growth mindset [27] - Management is committed to a flexible strategy that includes proven technologies like natural gas and nuclear, as well as emerging technologies [70] Other Important Information - The company has invested over $10 billion in grid resiliency and storm hardening over the last three years [34] - Duke Energy's nuclear facilities provide over 50% of the energy needs for the Carolinas and are the lowest cost generation asset [72] Q&A Session All Questions and Answers Question: When will be the next dividend increase? - The company is committed to growing the dividend, with historical increases occurring around the third quarter [42] Question: Is there any plans for a stock split in the near future? - Currently, there are no plans for a stock split, but the company will continue to evaluate this over time [44] Question: Why is Duke Energy repeatedly asking for price increases when service is questionable? - The company is focused on affordability and reliability, making substantial investments to modernize the grid [45] Question: Why do almost 50% of board members serve on multiple boards? - The board has a mix of industry and non-industry experience, which enriches deliberations and governance [48] Question: Why is it necessary to have so many members on the Board of Directors? - The board size aligns with industry standards and is necessary due to the complexity of the business [51] Question: Why do we give shares to executives and directors? - Compensation is structured to be market competitive, with a mix of cash and stock to align interests with shareholders [56] Question: Why was the program providing matching funds to retirees eliminated? - The company is focused on streamlining operations while still supporting communities through the Duke Energy Foundation [64] Question: Will you please stop all DEI activities? - The company values diversity and inclusion as a strength that benefits employees and customers [66] Question: How will management proceed if reaching net zero is unreasonably expensive? - The company will remain flexible and focus on reliability and affordability while exploring diverse resources [70] Question: How does nuclear power fit in with zero carbon energy generation? - Nuclear power is a vital asset, providing low-cost, reliable, and carbon-free energy, and the company aims to extend the lives of its nuclear plants [72]

Duke Energy Corporation (DUK) is scheduled to release its first-quarter 2025 results on May 6, before market open.The company delivered an earnings surprise of 3.11% in the last reported quarter. Moreover, DUK holds a four-quarter average earnings surprise of 4.30%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at Play Ahead of DUK’s Q1 ResultsThe majority of DUK’s service territori ...

Company Overview - Duke Energy (DUK) is expected to report a year-over-year increase in earnings, with a projected EPS of $1.59, reflecting a +10.4% change, and revenues anticipated to reach $8 billion, up 4.3% from the previous year [3][12]. Earnings Expectations - The consensus EPS estimate has been revised 0.8% lower in the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The Earnings ESP for Duke Energy stands at -1.10%, suggesting a potential difficulty in beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Duke Energy exceeded the expected EPS of $1.61 by delivering $1.66, resulting in a surprise of +3.11% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Industry Context - In the Zacks Utility - Electric Power industry, IdaCorp (IDA) is also expected to report earnings of $1.03 per share, indicating a year-over-year change of +8.4%, with revenues projected at $458.34 million, up 2.1% [17]. - IdaCorp's consensus EPS estimate has been revised 2.2% higher recently, but it has a negative Earnings ESP of -0.32%, making it challenging to predict an earnings beat [18].

Core Points - Duke Energy lineworkers excelled at the Carolinas Lineman's Rodeo, with 30 participants earning top awards and qualifying for the International Lineman's Rodeo [1][3] - The competition emphasizes essential skills such as equipment repair, pole climbing, and rescue operations, while fostering safety and teamwork among participants [2][7] - The event highlights the commitment of Duke Energy's line teams, especially following the challenges posed by Hurricane Helene [4][12] Company Overview - Duke Energy is a major energy holding company serving 8.6 million customers across several states, with a total energy capacity of 55,100 megawatts [14] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy sources, including natural gas, nuclear, renewables, and energy storage [15] - Duke Energy collaborates with local community colleges to recruit and train entry-level lineworkers, addressing the growing demand for skilled labor in the energy sector [12][13] Event Details - The Carolinas Lineman's Rodeo serves as a qualifying event for the International Lineman's Rodeo, where top winners will compete on a global stage [3][9] - The 2025 event involved significant community support, with numerous volunteers and participants contributing to its success [10] - The rodeo not only showcases technical skills but also promotes camaraderie and teamwork among lineworkers [2][10]

Core Insights - Duke Energy and GE Vernova have formed a significant partnership to supply natural gas turbines and associated equipment to address the increasing energy demands from advanced manufacturing and data centers [1][9] - The partnership includes a plan to advance projects for up to 11 7HA gas turbines, complementing eight recently secured turbines, aligning with Duke Energy's integrated resource plans [2][9] - The collaboration is part of a broader strategy to enhance energy reliability and keep customer costs low while preparing for future growth scenarios [2][3] Company Overview - Duke Energy is a major energy holding company serving 8.6 million customers across several states, with a total energy capacity of 55,100 megawatts [5] - The company is actively pursuing an energy transition focused on reliability and value, investing in electric grid upgrades and cleaner energy sources, including natural gas, nuclear, renewables, and energy storage [6] Investment and Expansion - GE Vernova is expanding its Greenville, S.C. facility as part of a nearly $600 million investment in U.S. manufacturing over the next two years, which includes a $300 million investment in its Gas Power business [3] - This expansion aims to replace legacy manufacturing processes with lean manufacturing lines, increasing supplier capacity and creating over 1,500 new jobs [3] Strategic Benefits - The arrangement allows Duke Energy to utilize existing infrastructure, including transmission capabilities, which will significantly reduce costs and expedite the time to market for new energy solutions [4] - GE Vernova's commitment to developing innovative solutions is highlighted as essential for meeting current and future energy demands [4][10]

GREENVILLE, 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 matters: By educating ourselves about environmental issues and making small changes, such as reducing plastic use, recycling, conserving energy and planting trees, we ...

Company Performance - Duke Energy (DUK) closed at $122.53, marking a +1.96% move from the prior day, but underperformed compared to the S&P 500's gain of 2.51% [1] - Over the last month, Duke Energy's shares increased by 1.71%, outperforming the Utilities sector's loss of 0.57% and the S&P 500's loss of 8.86% [1] Upcoming Financial Results - Duke Energy is set to announce its earnings on May 6, 2025, with projected earnings of $1.62 per share, representing a year-over-year growth of 12.5% [2] - The consensus estimate forecasts revenue of $8 billion, indicating a 4.26% growth compared to the same quarter of the previous year [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $6.32 per share and revenue of $31.72 billion, reflecting changes of +7.12% and +4.48% respectively from the prior year [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for Duke Energy are crucial as they reflect near-term business trends and analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Duke Energy at 4 (Sell) [6] Valuation Metrics - Duke Energy has a Forward P/E ratio of 19, indicating a premium compared to its industry's Forward P/E of 17.98 [6] - The company has a PEG ratio of 3, while the average PEG ratio for Utility - Electric Power stocks is 2.68 [7] Industry Ranking - The Utility - Electric Power industry holds a Zacks Industry Rank of 37, placing it within the top 15% of over 250 industries, suggesting strong performance potential [8]

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 answere ...

Lineworkers are helping build a smarter, stronger grid Duke Energy lineworkers restored more than 3.1 million customer outages after Hurricane Helene CHARLOTTE, 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 co ...