Quarterlytics / Utilities / Regulated Electric / Duke Energy

Duke Energy

DUK · NYSE Utilities
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Ticker DUK
Exchange NYSE
Sector Utilities
Industry Regulated Electric
Employees 10,000+

Business description

Duke Energy Corporation, a leading energy company in the United States, oversees operations via two main segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). In the EU&I segment, Duke Energy generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest, leveraging a diverse array of power sources including coal, hydroelectric, natural gas, oil, solar, wind, renewables, and nuclear fuel. Additionally, the EU&I segment wholesales electricity to municipalities, electric cooperative utilities, and load-serving entities. Meanwhile, the GU&I segment is responsible for delivering natural gas to residential, commercial, industrial, and power generation customers, while also investing in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The Charlotte, North Carolina-based company was founded in 1904 and underwent a name change from Duke Energy Holding Corp. to Duke Energy Corporation in April 2006.

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Company facts
TickerDUK
ExchangeNYSE
Sector Utilities
Industry Regulated Electric
Employees10,000+