Texaští regulátoři pozastavili nové připojování datových center, což zpochybňuje růstový příběh XLU kolem energie pro AI. Reuters navíc uvedl, že pipeline AEP Ohio se po nových poplatcích zmenšila o více než polovinu.
Texas regulators just froze data-center hookups, and one application fee cut AEP Ohio's pipeline by more than half overnight. Whether that unravels the entire investment case for the most popular utility ETF on the market depends on a number almost…
The Utilities Select Sector SPDR Fund (NYSEARCA:XLU) has been marketed all year as the way to own the AI power buildout without buying AI stocks. That pitch depends on one number holding up: the sea of gigawatt-scale interconnection requests utilities cite to justify record capital plans.
Texas just poked a hole in it. ERCOT’s new Batch Zero review pauses fresh data-center hookups while regulators audit ownership, financing, water use, and on-site generation, and Reuters reported AEP Ohio’s data-center pipeline shrank by more than half after new application fees took effect.
That matters for XLU because its five largest utility positions, NextEra (NYSE:NEE | NEE Price Prediction) at about 13%, Southern (NYSE:SO) near 8%, Duke (NYSE:DUK) around 7%, Constellation (NASDAQ:CEG) at roughly 6%, and American Electric Power (NASDAQ:AEP) just above 5%, are the same companies whose earnings calls now revolve around hyperscaler contracts. If a chunk of that pipeline is a paperwork phantom, XLU’s growth story compresses to something much closer to a bond proxy trading at a 10-year Treasury yield of 4.77%.
How Requested Load Becomes a Multiple of Real Load A single data-center developer can file interconnection requests with several utilities across several states for the same project, and none of those filings commits the developer to breaking ground. Requested capacity ends up counted several times, which is how U.S. utility queues balloon into figures no plausible construction schedule can serve.
The mechanism that separates real from phantom is money. Exelon showed it plainly this quarter, cutting its data-center pipeline to 36 gigawatts from 43, with only 11 gigawatts classified as high-probability and just 4 gigawatts backed by signed transmission security agreements and $1 billion of collateral. AEP is running the same experiment in Texas, where it has collected nearly $2 billion in cash or collateral against 45 gigawatts of Batch Zero load. Pipelines shrink when someone asks for a check.
Why a Regulated Utility Cares Who’s Really Coming A regulated utility earns an allowed return on the capital in its rate base, which is why building substations and transmission lines is profitable, and building the wrong ones is dangerous. If a company energizes lines for a hyperscaler that never arrives, the cost lands on existing ratepayers, then on state commissions that can cut the allowed return when bills spike.
That is the risk hidden inside AEP’s $78 billion five-year capital plan and 7% to 9% EPS growth target through 2030, and it is why Exelon (NASDAQ:EXC) insisted its $41 billion plan through 2029 did not budge when the pipeline was trimmed. The prudent utilities are pricing to the audited subset.
What XLU Actually Owns, and Why It Isn’t Uniform XLU holds roughly 30 names with $23.1 billion in net assets, per the State Street fund page, and the top five drive the fund. Those five are not the same business. NextEra and Southern are regulated wires-and-generation utilities with long capex tails; Constellation sells merchant nuclear power under bilateral contracts.
Constellation this quarter signed 920 megawatts of long-term nuclear PPAs with an average term of 18.5 years with investment-grade counterparties and raised guidance to $11.50 to $12.50 for 2026. That is a genuinely differentiated, AI-powered exposure, and it also explains why CEG is down about 15% year-to-date through September 4, 2026, while the rest of the fund plods along.
Does the Fund Deliver on the Pitch? Not really; once you compare it to the market it is supposed to complement. XLU returned about 2% year-to-date, roughly 6% over one year, and 44% over five years through September 4, 2026. SPY returned about 13%, 19%, and 70% over the same periods.
Against Vanguard’s alternative, XLU looks like an expensive twin. VPU returned about 2% year-to-date, roughly 6% over one year, and 43% over five years, at a 0.09% expense ratio. If you want passive utilities, VPU is doing the same job for less. If you want the AI-power thesis specifically, owning CEG, NEE, and AEP directly concentrates you into the pipelines actually being audited rather than diluting them across water utilities and gas LDCs (we pulled together seven of the non-chipmaker suppliers riding the same buildout, from power to cooling to networking, in a free AI infrastructure report).
Is XLU ETF a Buy? The setup looks balanced but skews cautious. XLU still owns the toll roads for whatever load does show up, and even a heavily discounted queue exceeds available generation after two decades of flat demand. But the fund’s valuation reflects the optimistic pipeline, not the audited one, and a 4.77% 10-year yield as of September 3, 2026 gives income buyers a cleaner alternative.
Investors seeking the AI-power thesis get more concentrated exposure through Constellation or NextEra directly, while those focused on defensive income get the same utility basket more cheaply through VPU.
Contact [email protected] for any questions or corrections.
Con Edison prodloužila sérii růstu dividend na 52. rok v řadě, což je nejdelší potvrzená série na tomto seznamu. Duke Energy a Southern Company také vykazují více než 20 let každoročního zvyšování dividend, přičemž Southern Company zvyšuje dividendu každý rok od roku 2010.
Not every dividend stock survives a recession with its payout intact, but regulated utilities operate under a different set of rules entirely. These three have raised dividends for decades by design, and the mechanics behind that streak are worth understanding…
Regulated electric utilities are one of the few places income investors can find dividends backed by cash flows that don’t rely on the economic cycle. Rate cases, riders, and long-term customer contracts turn capital spending into recoverable revenue, which is why payouts at these three names have kept climbing for decades. The clearest example: Con Edison’s “50 straight years of dividend increases, a record unmatched among utilities in the S&P 500” was extended again this year to a 52nd consecutive annual increase. Here are three regulated-cash-flow utilities that income-focused portfolios can lean on.
Duke Energy Duke Energy (NYSE:DUK | DUK Price Prediction) is one of the largest fully regulated electric utilities in the country, serving roughly 8.73 million retail customers across the Carolinas, Florida, Indiana, Ohio, and Kentucky, plus Piedmont Natural Gas. The stock closed at $121.40 on September 3, 2026, with an annualized forward dividend of $4.34 after the July step-up to a $1.085 quarterly rate.
On dividend safety, Duke’s coverage is anchored by an earnings base that grew through Q2. Adjusted EPS came in at $1.43 versus a $1.31 estimate, the fifth straight beat, and management reaffirmed full-year 2026 adjusted EPS guidance of $6.55 to $6.80 against a payout that runs at $4.34 annualized. Behind that, CFO Brian Savoy said Duke is tracking to a 14.5% FFO-to-debt target for 2026 with a longer-term expectation of 15%, describing the balance sheet as having “substantial cushion to our downgrade thresholds.” The dividend track record is equally sturdy: on the Q2 call, management noted “over 20 years of consecutive annual dividend increases” and framed the recent 2% raise as “consistent with growth in recent years.”
Duke is deploying more than $1 billion per month in regulated capital, has secured 7.8 gigawatts of data-center electric service agreements, and expects 5% to 7% long-term EPS growth through 2030, in the top half of the range beginning in 2028. Rate-case outcomes like the 9.8% allowed ROE with a 53% equity structure in North Carolina convert that spend into recoverable earnings.
Here’s the risk: Duke’s plan hinges on the timing of large-load ramps. Higher depreciation on the growing rate base, higher interest expense, and potential data-center load underperformance could delay the earnings acceleration that funds bigger dividend hikes.
Southern Company Southern Company (NYSE:SO) is the Southeast income anchor, operating Alabama Power, Georgia Power, Mississippi Power, Southern Power, and Southern Company Gas across roughly 9 million regulated utility customers. Shares finished at $88.77 on September 3, 2026, and the annualized forward dividend is $3.04 following the increase to a $0.76 quarterly payment.
Dividend safety at Southern is a function of geography and regulatory design. Q2 adjusted EPS was $1.13 versus a $1.00 estimate, and first-half adjusted EPS reached $2.46 with full-year 2026 adjusted EPS projected near or at the top of the $4.50 to $4.60 range. That earnings power sits well above the $3.04 payout. The dividend history is likewise consistent: the dividend record shows annual increases in the quarterly rate every year from 2010 through 2026, moving from $0.455 up to the current $0.76. Financing is disciplined too: Southern said its objective is to move toward 17% FFO to debt by 2029 and has already reduced its projected remaining equity need by 2030 to $1.1 billion.
Southern’s contracted large-load commitments now exceed 17 gigawatts by the mid-2030s, including a 3.2 gigawatt, 25-year electric service contract with OpenAI for a site near Savannah. Crucially for regulated cash flow, CEO Chris Womack said “Large load customers are paying their full share” and pricing includes minimum bills covering at least 100% of the incremental cost to serve, termination payments, and significant high-credit-quality collateral requirements. Retail base rates are held stable in Georgia and Alabama until 2029, insulating existing customers.
The risk to this thesis is that Southern Power’s wind-repowering hit continues to weigh on results, with roughly $205 million of accelerated depreciation remaining in 2026 and $120 million in 2027. Tariff and supply-chain pressures on the large capex plan are a related concern.
Consolidated Edison Consolidated Edison (NYSE:ED) is the New York regulated pure-play, running CECONY in NYC and Westchester, Orange and Rockland Utilities, and Con Edison Transmission. Shares closed at $108.75 on September 3, 2026, with an annualized forward dividend of $3.55 after the current $0.8875 quarterly rate took effect.
On safety, Con Edison has the longest verified dividend track record on this list: the Q2 release confirmed the 52nd consecutive year of dividend increases with a 4.4% annualized increase in 2026, a Dividend King streak visible in the payment record climbing from $0.535 in 1999 to $0.8875 in 2026 with no decreases. Q2 adjusted EPS was $0.83 versus a $0.77 estimate, and management reaffirmed full-year 2026 adjusted EPS guidance of $6.00 to $6.20. The balance sheet is straightforward: “We have no long-term parent company debt and prefer to raise debt capital at the operating companies where infrastructure investments are made.” Revenue visibility gets an additional boost from revenue decoupling in both gas and electric in New York State, which cushions earnings against volume swings.
Con Edison expects a regulated investment base 8.8% five-year CAGR from $46.4 billion in 2025 to roughly $67.2 billion by 2030, with capex rising from $6.6 billion in 2026 to $8.6 billion by 2030. CEO Tim Cawley pointed to 20% to 25% higher electric demand from new NYC buildings and 28 new substations by 2035, and framed the company as a “bellwether holding for any equity or debt investor seeking a steady and reliable investment.”
In terms of the risk: funding that capex requires meaningful equity issuance. Con Edison entered a $2.0 billion ATM equity offering program in May 2026 and plans up to $1.1 billion common equity plus $3.2 billion long-term debt issuance in 2026, and there is a Moody’s negative outlook on Con Edison and CECONY to watch.
Bringing It Together Duke, Southern, and Con Edison all share the same core dividend engine: state-regulated utilities that recover capital investment through rate cases and riders, and that are now leveraging data-center and electrification demand into multi-year rate-base growth. Duke offers the largest regulated capital plan and the freshest earnings acceleration story, Southern layers in contracted large-load revenue plus rate stability through 2029, and Con Edison brings the deepest dividend track record on the board with a 52-year streak of raises (we ranked ten more 50-year raisers by valuation in a free Dividend Kings report). For retirement-focused income, that is what durable payout support looks like.
Contact [email protected] for any questions or corrections.
, /PRNewswire/ -- Duke Energy Florida customers can expect lower rates beginning in January 2027, compared to December 2026, following a request the company filed today with the Florida Public Service Commission (FPSC).
What this means:
Duke Energy Florida's typical residential customers using 1,000 kilowatt-hours of energy per month should see a $0.71 decrease on their bills from December 2026 to January 2027. The company's commercial and industrial customers' bill reductions will range between 0.8% and 3.6% from December 2026 to January 2027, though the impact will vary depending on several factors. Our view:
"What matters to our customers matters to us, and right now, we know they're carefully watching every dollar," said Melissa Seixas, Duke Energy Florida state president. "While we're glad to start 2027 with a rate decrease, we'll remain focused on making smart, disciplined investments that allow us to keep our costs in check and continue delivering increasingly reliable service all year long."
How we got here:
Customer rates consist of several components that Duke Energy Florida adjusts annually to set the total bill for the year ahead, pending approval from the FPSC. Among other charges, it includes the price of fuel used to generate power, continued expansion of cost-effective renewable energy and ongoing infrastructure improvements that help reduce outages and allow for faster restoration after storms. Some costs, like fuel, are decreasing, while others, such as investments to strengthen the grid, are increasing slightly in 2027. However, a 2% increase in the base rate – another component of the total rate, set by the FPSC in 2024 – is being avoided altogether because of an innovative tax strategy recently implemented by the company to accelerate the delivery of $50 million in customer savings next year. Duke Energy Florida is always looking for creative ways to keep costs as low as possible for customers, such as developing more solar energy sites – which do not rely on fuel – and completing efficiency upgrades at its natural gas plants to enable them to produce more power with the same amount of fuel. Help is available:
Customers are encouraged to take advantage of the many energy efficiency and financial assistance programs offered by Duke Energy Florida, from free assessments of their home's energy use to flexible payment plans. For more information, please visit duke-energy.com/SummerSolutions or duke-energy.com/HereToHelp.
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
Contact: Aly Raschid
24-Hour: 800.559.3853
X: @DE_AlyRaschid
A month has gone by since the last earnings report for Duke Energy (DUK - Free Report) . Shares have lost about 2.3% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Duke Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Duke Energy Q2 Earnings Beat Estimates, Revenues Increase Y/Y
Duke Energy Corporation's second-quarter 2026 earnings of $1.43 per share surpassed the Zacks Consensus Estimate of $1.29 by 10.9%. The bottom line increased 14.4% from $1.25 reported in the year-ago quarter.
DUK’s RevenuesTotal operating revenues were $7.59 billion, which missed the Zacks Consensus Estimate of $7.72 billion by 1.6%. The top line increased 1% from $7.51 billion in the year-ago period.
Highlights of DUK’s Q2 ResultsOperating expenses amounted to $5.55 billion, down 2.4% year over year. The decrease was primarily due to lower cost of natural gas, operation, maintenance and other and lower property and other taxes.
The operating income totaled $2.05 billion compared with $1.83 billion in the year-ago quarter.
Interest expenses rose to $957 million from $897 million in the second quarter of 2025.
The average number of customers in its Electric Utilities and Infrastructure increased 1.4% year over year.
Total electric sales volume for the reported quarter went up 0.4% year over year to 64,442 gigawatt-hours.
DUK’s Segmental HighlightsElectric Utilities & Infrastructure: This segment’s adjusted earnings totaled $1.3 billion, up from $1.2 billion in the second quarter of 2025. This was primarily driven by the recovery of investments in infrastructure needed to reliably serve customers across its growing jurisdictions, partially offset by higher depreciation associated with an expanding asset base and increased interest expense.
Gas Utilities & Infrastructure: Adjusted earnings from this segment amounted to $10 million compared with $6 million in the second quarter of 2025. This was primarily driven by recovery of infrastructure investments to reliably serve customers in its growing jurisdictions, offset by lower earnings from the sale of Piedmont's Tennessee business.
Other: The segment includes corporate interest expenses not allocated to other business units, resulting from Duke Energy’s captive insurance company and other investments. On an adjusted basis, this segment incurred a loss of $204 million compared with a loss of $228 million in the second quarter of 2025. Higher quarterly results were primarily driven by higher returns on investments and lower interest expense.
Financial Condition of DUKAs of June 30, 2026, Duke Energy had cash & cash equivalents of $673 million compared with $245 million as of Dec. 31, 2025.
As of June 30, 2026, the long-term debt was $82.24 billion compared with $80.11 billion as of Dec. 31, 2025.
During the first six months of 2026, the company generated net cash from operating activities of $4.27 billion compared with $5.04 billion a year ago.
2026 Guidance by DUKDuke Energy expects to generate 2026 adjusted EPS in the range of $6.55-$6.80. The Zacks Consensus Estimate for 2026 earnings is pegged at $6.72, which is higher than the midpoint of the company’s projected range.
The company expects long-term adjusted EPS growth of 5-7% through 2030.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in fresh estimates.
VGM ScoresCurrently, Duke Energy has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock has a score of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Duke Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Duke Energy předložila plán pro Jižní Karolínu, který počítá s novými zdroji, bateriovými úložišti i solárními projekty, aby pokryla rostoucí poptávku v Jižní Karolíně. Součástí je také schválená plynová elektrárna o výkonu 1 400 megawattů (MW) v okrese Anderson.
Plan balances reliability, diverse resources and costs while helping communities in the Carolinas continue to build robust economies Near-term actions serve our customers' rising energy needs while keeping customer benefits, value and future optionality central to resource planning , /PRNewswire/ -- South Carolina is one of the fastest-growing states in the nation, attracting new residents, major employers and billions of dollars in economic investment. Meeting the state's energy needs requires a reliable energy system that can support thriving communities while keeping costs as low as possible for customers.
Duke Energy's 2026 Carolinas Resource Plan – submitted Aug. 14 to the Public Service Commission of South Carolina (PSCSC) – reflects execution already underway and highlights new opportunities to power South Carolina's future.
The strategy is designed to maximize the value of existing assets while making prudent investments in additional diverse resources needed to serve the state's growing population and economy. Through an execution-informed planning approach, Duke Energy will continue adjusting to changing conditions while maintaining its focus on delivering safe, reliable and affordable energy for Palmetto State customers. Our view: "South Carolina's success depends on having the energy infrastructure in place to support new residents, new businesses and new or expanding industries," said Tim Pearson, Duke Energy's South Carolina president. "We've made significant progress executing the strategy outlined in previous resource plans, and this updated roadmap builds on that momentum and details the additional actions we need to take now to keep the Carolinas powered reliably and affordably as the region grows."
A plan for South Carolina: Consistent with previous resource plans and supportive of South Carolina energy policy goals under the 2025 Energy Security Act (Act 41), the latest plan advances new generation, new energy storage and renewables opportunities, evaluates future nuclear generation options, maximizes energy efficiency and maintains flexibility to adapt as customer needs, technology and market conditions evolve.
What's in the plan?
Key elements include:
Natural Gas: Natural gas is a major near-term reliability resource, with efficiency upgrades completed, multiple combined cycle (CC)/combustion turbine (CT) projects advancing, approval for a 1,400 megawatt (MW) new combined cycle facility in Anderson County secured, and turbine supply agreements executed with delivery beginning from GE Vernova in Greenville. Storage: The company is scaling battery storage execution, with storage projects in service, equipment secured, interconnection activity underway, and an RFP for 400 MW of standalone storage in South Carolina. Solar: Solar procurement and construction remain active, including completed facilities, projects under construction, and RFPs for solar and solar paired with storage. Nuclear: Existing nuclear assets continue to be maximized through license renewals, uprates, and fuel-cycle work, while the company evaluates potential new nuclear options and considers sites in Cherokee County, S.C., and Stokes County, N.C. Grid Edge: Grid Edge programs are treated as a core execution tool to reduce, shift, and shape demand through energy efficiency, demand-side management, load curtailment, customer programs, and storage demand response. To explore more details of the 2026 Carolinas Resource Plan, visit duke-energy.com/CarolinasResourcePlan.
Our view: "As South Carolina continues to grow, we're continuing our investment not only in new energy resources, but also in programs and technologies that help customers use energy more efficiently and save money," Pearson said. "From energy-efficiency programs to demand-response initiatives and our grid modernization strategy, this plan provides customers with more value while ensuring we have the reliable energy infrastructure needed to support the state's future."
Maximizing value for customers: Duke Energy continues to use every tool available to manage costs for our customers while delivering the high quality of service they expect.
Through its proposed resource mix, the company is maximizing the value that tax credits provide customers and finalizing the recently approved combination of Duke Energy Carolinas and Duke Energy Progress – efforts that together will deliver more than $5 billion in cost-saving benefits to the customers and communities the company serves. Duke Energy has also applied for loans from the U.S. Department of Energy (DOE) that represent potentially billions of dollars in customer savings as the company strengthens the electric grid. What's next: The PSCSC will hold a hearing on the resource plan in April 2027 and issue an order by June 2027.
Duke Energy Carolinas
Duke Energy Carolinas, a subsidiary of Duke Energy, owns 20,800 megawatts of energy capacity, supplying electricity to 2.9 million residential, commercial and industrial customers across a 24,000-square-mile service area in North Carolina and South Carolina.
Duke Energy Progress
Duke Energy Progress, a subsidiary of Duke Energy, owns 13,800 megawatts of energy capacity, supplying electricity to 1.8 million residential, commercial and industrial customers across a 28,000-square-mile service area in North Carolina and South Carolina.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
Duke Energy oznámila veřejnou nabídku 35 milionů equity units za 50 USD za kus, tedy v celkové hodnotě 1,75 miliardy USD. Výnos z emise chce použít na splacení dluhu, částečnou úhradu komerčního papíru a obecné firemní účely.
, /PRNewswire/ -- Duke Energy Corporation (NYSE: DUK) today announced it plans to sell 35 million equity units in a public offering. Each equity unit will be issued in a stated amount of $50 ($1.75 billion aggregate stated amount) and will initially be in the form of a corporate unit consisting of a contract to purchase Duke Energy common stock in the future and two 1/40 undivided beneficial ownership interests in Duke Energy's remarketable senior notes, each having a principal amount of $1,000. Duke Energy expects to grant to the underwriters an option to purchase an additional 5 million corporate units (an additional $250 million aggregate stated amount) solely for the purpose of covering over-allotments.
Duke Energy intends to apply to list the corporate units on The New York Stock Exchange and expects trading to commence within 30 days of the date of initial issuance (subject to listing approval).
Duke Energy intends to use the net proceeds from the offering of the equity units (i) to redeem the outstanding $500 million aggregate principal amount of its 3.25% Junior Subordinated Debentures due 2082 (the "Junior Subordinated Debentures"), (ii) to repay a portion of its outstanding commercial paper and (iii) for general corporate purposes. This press release shall not constitute a notice of redemption of the Junior Subordinated Debentures or an obligation to issue a notice of redemption.
Barclays, BofA Securities, Mizuho, Citigroup, Goldman Sachs & Co. LLC, J.P. Morgan, Morgan Stanley, Truist Securities and Wells Fargo Securities will be book-running managers for the offering.
The offering will be made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such jurisdiction. Any offers of the securities will be made exclusively by means of a prospectus supplement and accompanying prospectus. Copies of these documents may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, email: [email protected], Telephone: (888) 603-5847; BofA Securities, Inc. at NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attn: Prospectus Department, or by email at [email protected]; or Mizuho Securities USA LLC, 1271 Avenue of the Americas, 3rd Floor, New York, New York 10020, Attention: Equity Capital Markets, email: [email protected].
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Forward-Looking Information
This news release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on management's beliefs and assumptions and can often be identified by terms and phrases that include "anticipate," "believe," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will," "potential," "forecast," "target," "guidance," "outlook," or other similar terminology. Various factors may cause actual results to be materially different than the suggested outcomes within forward–looking statements; accordingly, there is no assurance that such results will be realized. These factors include, but are not limited to: the ability to implement Duke Energy's business strategy, including meeting forecasted load growth demand, grid and fleet modernization objectives, and reducing carbon emissions, while balancing customer reliability and keeping costs as low as possible for Duke Energy's customers; state, federal and foreign legislative and regulatory initiatives, including costs of compliance with existing and future environmental requirements and/or uncertainty of applicability or changes to such legislative and regulatory initiatives, including those related to climate change, as well as rulings that affect cost and investment recovery or have an impact on rate structures or market prices; the extent and timing of costs and liabilities to comply with federal and state laws, regulations and legal requirements related to coal ash remediation, including amounts for required closure of certain ash impoundments, are uncertain and difficult to estimate; the ability to timely recover eligible costs, including amounts associated with coal ash impoundment retirement obligations, asset retirement and construction costs related to carbon emissions reductions, and costs related to significant weather events, particularly in periods of heightened customer affordability concerns, bill volatility, or public and political scrutiny, and to earn an adequate return on investment through rate case proceedings and the regulatory process; the costs of decommissioning nuclear facilities could prove to be more extensive than amounts estimated and all costs may not be fully recoverable through the regulatory process; the impact of extraordinary external events, such as a global pandemic, trade wars or military conflict, and their collateral consequences, including the disruption of global supply chains or the economic activity in Duke Energy's service territories; costs and effects of legal and administrative proceedings, settlements, investigations and claims; industrial, commercial and residential decline in service territories or customer bases resulting from sustained downturns of the economy, storm damage, reduced customer usage due to cost pressures from inflation, tariffs, or fuel costs, worsening economic health of Duke Energy's service territories, reductions in customer usage patterns, or lower than anticipated load growth, particularly if usage of electricity by data centers is less than currently projected, energy efficiency efforts, natural gas building and appliance electrification, and use of alternative energy sources, such as self-generation and distributed generation technologies; federal and state regulations, laws and other efforts designed to promote and expand the use of energy efficiency measures, natural gas electrification, and distributed generation technologies, such as private solar and battery storage, in Duke Energy service territories could result in a reduced number of customers, excess generation resources as well as stranded costs; advancements in technology, including AI; additional competition in electric and natural gas markets, municipalization and continued industry consolidation; the influence of weather and other natural phenomena on operations, financial position, and cash flows, including the economic, operational and other effects of severe storms, hurricanes, droughts, earthquakes and tornadoes, including extreme weather associated with climate change; changing or conflicting investor, customer and other stakeholder expectations and demands, particularly regarding environmental, social and governance matters and costs related thereto; the ability to successfully operate electric generating facilities and deliver electricity to customers including direct or indirect effects to the company resulting from an incident that affects the United States electric grid or generating resources; operational interruptions to Duke Energy's natural gas distribution and transmission activities; the availability of adequate interstate pipeline transportation capacity and natural gas supply; the impact on facilities and business from a terrorist or other attack, war, vandalism, cybersecurity threats, data security breaches, operational events, information technology failures or other catastrophic events, such as severe storms, fires, explosions, pandemic health events or other similar occurrences; the inherent risks associated with the operation of nuclear facilities, including environmental, health, safety, regulatory and financial risks, including the financial stability of third-party service providers; the timing and extent of changes in commodity prices, including any impact from increased tariffs, export controls and interest rates, and the ability to timely recover such costs through the regulatory process, where appropriate, and their impact on liquidity positions and the value of underlying assets; the results of financing efforts, including the ability to obtain financing on favorable terms, which can be affected by various factors, including credit ratings, interest rate fluctuations, compliance with debt covenants and conditions, an individual utility's generation portfolio, and general market and economic conditions; credit ratings of Duke Energy or its subsidiaries may be different from what is expected; declines in the market prices of equity and fixed-income securities and resultant cash funding requirements for defined benefit pension plans, other post-retirement benefit plans and nuclear decommissioning trust funds; construction and development risks associated with the completion of Duke Energy or its subsidiaries' capital investment projects, including risks related to financing, timing and receipt of necessary regulatory approvals, obtaining and complying with terms of permits, meeting construction budgets and schedules, obtaining sufficient skilled labor and satisfying operating and environmental performance standards, as well as the ability to recover costs from customers in a timely manner, or at all; changes in rules for regional transmission organizations, including changes in rate designs and new and evolving capacity markets, and risks related to obligations created by the default of other participants; the ability to control operation and maintenance costs; the level of creditworthiness of counterparties to transactions; the ability to obtain adequate insurance at acceptable costs and recover on claims made; employee workforce factors, including the potential inability to attract and retain key personnel; the ability of Duke Energy's subsidiaries to pay dividends or distributions to Duke Energy; the performance of projects undertaken by Duke Energy's businesses and the success of efforts to invest in and develop new opportunities; the effect of accounting and reporting pronouncements issued periodically by accounting standard-setting bodies and the Securities and Exchange Commission (the "SEC"); the impact of United States tax legislation to Duke Energy's financial condition, results of operations or cash flows and Duke Energy's credit ratings; the impacts from potential impairments of goodwill or investment carrying values; asset or business acquisitions and dispositions may not be consummated or yield the anticipated benefits, which could adversely affect Duke Energy's financial condition, credit metrics or ability to execute strategic and capital plans; the (i) failure to realize the anticipated benefits, synergies, and value creation expected from the utility combination by which Duke Energy Progress will merge into Duke Energy Carolinas (the "Combination"), including as a result of difficulties or delays in integrating the contributed assets and operations and/or the incurring of significant costs in connection with the Combination; and (ii) the risk that the combined entity may not perform as expected following the consummation of the Combination due to unforeseen liabilities, its level of indebtedness, integration challenges, market conditions, ratings downgrades, or other factors beyond the control of the parties; and the actions of activist shareholders could disrupt Duke Energy's operations, impact Duke Energy's ability to execute on Duke Energy's business strategy, or cause fluctuations in the trading price of Duke Energy's common stock.
Additional risks and uncertainties are identified and discussed in Duke Energy's reports filed with the SEC and are available at the SEC's website. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements included or incorporated by reference in this news release might not occur or might occur to a different extent or at a different time than described. Forward-looking statements speak only as of the date they are made and Duke Energy expressly disclaims an obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media Contact: Gillian Moore
24-Hour: 800.559.3853
Analysts Contact: Mike Switzer
Office: 704.382.6473
Duke Energy Progress se dohodla s North Carolina Public Staff na snížení navrhovaného zvýšení sazeb o více než polovinu. Pokud regulátor dohodu schválí, průměrné roční zvýšení bude 3,4 % po dva roky.
Customer and stakeholder feedback informs more cost-effective way to reliably serve North Carolina's customers Duke Energy will contribute another $10 million to help customers most in need , /PRNewswire/ -- After listening carefully to customer and stakeholder feedback, Duke Energy Progress and stakeholders have reached an agreement that will allow the company to continue building the infrastructure needed to reliably serve North Carolina while reducing the proposed rate increase by more than half.
Similar to the agreement reached on behalf of Duke Energy Carolinas customers in July, the changes are reflected in a new settlement between the company and North Carolina Public Staff, the agency representing utility customers. Other parties to the agreement include Carolina Industrial Group for Fair Utility Rates, Carolina Utility Customers Association, North Carolina Sustainable Energy Association and Walmart, with others expected to join in the coming days.
Our view: "We listened to stakeholders and responded to the everyday cost pressures facing our customers," said Kendal Bowman, Duke Energy's North Carolina president. "We appreciate our stakeholders' engagement in finding a path that allows us to more cost-effectively serve all our customers across the state. Our shareholders will also contribute $10 million to low-income bill assistance and weatherization programs – over and above our $10 million Duke Energy Carolinas contribution – which will make a real difference for customers who need help the most."
Agreement summary:
If the North Carolina Utilities Commission (NCUC) approves this lower-cost path forward, the result is an average annual increase of 3.4% over two years. New Multiyear Rate Plan (MYRP) refund rider will return money to customers, with interest, if planned infrastructure upgrades are not completed on time. Accelerated customer refund of $120 million in annual federal tax credits for efficient and reliable nuclear, solar and hydro generation. Reduced customer costs for Roxboro Steam Plant reliability upgrades due to federal funding. Why it matters: Since the request was initially filed last November, customers have made clear they're struggling to pay their bills, and Duke Energy has responded.
"We've now agreed to reduce rates for all of our North Carolina customers, while still allowing us to make critical infrastructure investments to meet existing and future customer needs," said Bowman. "We believe this agreement enables us to continue providing reliable service at the lowest possible cost."
What's next: NCUC will consider the agreement and make the final decision – if approved, new rates will go into effect Jan. 1, 2027.
Duke Energy Progress serves about 1.6 million customers in central and eastern North Carolina and in the Asheville region, while Duke Energy Carolinas serves about 2.3 million households and businesses in central and western North Carolina, including Charlotte, Durham and the Triad.
Duke Energy Progress
Duke Energy Progress, a subsidiary of Duke Energy, owns 13,800 megawatts of energy capacity, supplying electricity to 1.8 million residential, commercial and industrial customers across a 28,000-square-mile service area in North Carolina and South Carolina.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
Duke Energy vidí až 10 mld. USD dodatečných kapitálových investic do výroby a přenosu elektřiny díky poptávce datových center. Má 7,8 GW ve smluvně zajištěných projektech a 15,4 GW čeká na přeměnu do první poloviny roku 2027.
Key Takeaways Duke Energy sees up to $10B in capital upside for added generation and transmission.DUK has 7.8 GW under agreements, with 15.4 GW expected to convert by first-half 2027.Minimum-take contracts and cost protections aim to shield existing customers as demand ramps up. Duke Energy Corporation (DUK - Free Report) used its second-quarter 2026 earnings call to reinforce a growth plan tied to contracted data-center demand, regulatory execution and a sizable generation build.
Management maintained its earnings framework while providing timing around potential capital upside, customer protections and the conditions required before new nuclear investment advances.
DUK Reaffirms Its Growth FrameworkDUK’s second-quarter adjusted earnings of $1.43 per share topped the Zacks Consensus Estimate of $1.29. However, revenues of $7.59 billion missed the Zacks Consensus Estimate of $7.72 billion.
President and CEO Harry Sideris reaffirmed 2026 adjusted earnings guidance of $6.55-$6.80 per share and 5%-7% adjusted EPS growth through 2030.
Sideris said Duke Energy expects to earn in the top half of that range beginning in 2028, when contracted economic-development loads start contributing more meaningfully.
Duke Energy Expands Large-Load CommitmentsExecutive vice president and CFO Brian Savoy said Duke Energy has secured 7.8 gigawatts of electric service agreements with data-center customers.
Savoy expects the 15.4-gigawatt late-stage pipeline to convert to agreements by the first half of 2027.
Sideris said most late-stage opportunities are in Florida and Indiana. Savoy expects customers to begin taking power in the second half of 2027 and into 2028, then ramp up through the early 2030s.
DUK Connects Contracts to Capital UpsideSavoy outlined $5 billion-$10 billion of potential upside to the current five-year capital plan for added generation and transmission, particularly in Indiana and Florida.
A Barclays analyst asked whether that spending belonged in the next plan or farther into the 2030s. Savoy said it could enter the remaining four years of the existing plan.
Savoy stressed that the spending depends on signed agreements and modeled infrastructure needs, keeping capital deployment tied to contracted demand rather than the broader pipeline.
Duke Energy Puts Affordability at the CenterSideris said Customer Protection Plus requires large users to cover the costs of serving their facilities.
Savoy said Duke Energy's contracts contain minimum-take provisions that support revenue projections and protect existing customers as new demand ramps up.
A Wells Fargo analyst asked whether Duke Energy could revisit a generation-company structure in Indiana. Sideris said the company may reconsider it as a financing tool and added customer safeguard.
Sideris also pointed to the proposed Duke Energy Carolinas settlement, including a 9.8% allowed return on equity, a 53% equity ratio and continued multiyear rate treatment.
DUK Defends Build and Fuel ReadinessA Barclays analyst pressed management on construction bottlenecks as Duke Energy scales its gas fleet. Sideris cited repeatable plant designs, coordinated engineering contractors and continuous milestone tracking.
Sideris said Duke Energy is using artificial intelligence tools to monitor schedules and has about 5 gigawatts under construction, with another 2.5 gigawatts in development.
A Goldman Sachs analyst asked about fuel constraints. Sideris said Duke Energy has secured the gas supply required through the early 2030s and is working on later needs.
Duke Energy Sets Guardrails on Funding and NuclearSavoy said Duke remains on track for 14.5% funds from operations to debt in 2026 and has priced $600 million through its at-the-market program for settlement at the end of 2027.
A Truist analyst asked about accelerated equity funding. Savoy said Duke Energy may continue using the ATM and dividend-reinvestment programs, but no large block issuance is planned in the five-year plan.
On new nuclear, Sideris said Duke Energy will not proceed without protections against first-of-a-kind, supply-chain and cost-overrun risks. He gave no commercial timeline.
DUK Maintains an Execution-First PostureSideris kept the emphasis on converting load agreements, completing generation projects on time and protecting existing customers as capital requirements expand.
Savoy paired that operational message with balance-sheet discipline, while Sideris said Duke Energy typically revisits the long-term growth range in the fourth quarter.
Duke Energy's Zacks Signals Are MixedDuke Energy carries a Zacks Rank #3 (Hold), with a Value Score of C, Growth Score of D, Momentum Score of B and VGM Score of D. The Momentum grade is the strongest of the four. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Score framework favors A or B grades alongside Zacks Rank #1 or #2 (Buy) stocks. Duke Energy’s current combination is mixed, and its Zacks Rank can change as estimates are revised after the just-reported results.
Duke Energy ve 2. čtvrtletí překonala odhady zisku díky vyšší poptávce po elektřině a návratu investic do regulované infrastruktury. Upravený zisk činil 1,43 USD na akcii při očekávání 1,30 USD.
Electric power transmission pylon miniatures and Duke Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
Aug 4 (Reuters) - Utility Duke Energy (DUK.N), opens new tab beat Wall Street estimates for second-quarter profit on Tuesday, as higher electricity demand and recovery of rate-based infrastructure investments offset rising expenses.
The Charlotte, North Carolina-based company posted an adjusted profit of $1.43 per share for the three months ended June 30, compared with analysts' estimates of $1.30, according to data compiled by LSEG.
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Here are more details:
Energy companies are pushing to increase customer electricity rates in 2026 to help pay for infrastructure improvements, as power grids are strained by extreme weather and rising demand from electrification and expanding data centers.
Regulated utilities rely on rate case processes to set how much customers are charged for electricity.
Its electric utilities segment posted quarterly profit of 1.27 billion, compared with $1.19 billion a year ago.
The segment, which serves 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, owns 51,000 megawatts of energy capacity.
However, interest expenses rose 6.6% to $957 million.
The company reaffirmed its full-year adjusted profit guidance of $6.55 to $6.80 per share.
Reporting by Pranav Mathur in Bengaluru
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Duke Energy čeká zveřejnění výsledků hospodaření za 2. čtvrtletí 4. srpna a trh počítá s EPS 1,29 USD, tedy meziročním růstem o 3,2 %. Výsledky mohou podpořit investice do sítě, vyšší poptávka po elektřině a nové sazby.
Key Takeaways Duke Energy is expected to post Q2 EPS growth, supported by grid investments and higher power demand.DUK may benefit from new solar capacity, a nuclear license extension and completed asset sale.Duke Energy's higher sales volumes and new rates may aid results, though expenses could weigh on earnings. Duke Energy (DUK - Free Report) is scheduled to release second-quarter 2026 results on Aug. 4, before market open. The company delivered an earnings surprise of 7.8% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Factors Likely to Have Impacted DUK’s Q2 PerformanceDuke Energy is likely to have continued to benefit from its strategic investments in infrastructure modernization and grid resilience, thereby improving operational efficiency and reliability. These initiatives are expected to have supported its second-quarter earnings.
Rising electricity demand from Artificial Intelligence-driven data centers and robust economic development across its service territories are expected to have boosted the company’s quarterly earnings.
The commissioning of the 74.9-MW Jumper Creek Solar Complex in Florida, which entered service in May 2026, is expected to support Duke Energy’s second-quarter results. While the project's immediate earnings contribution is expected to be limited because it was operational from the mid quarter, it expands the company's regulated rate base, allowing Duke Energy to earn an approved return on its investment over the asset's useful life.
Duke Energy's second-quarter results could receive a modest boost from the U.S. Nuclear Regulatory Commission's approval to extend the operating license of the 759-MW Robinson Nuclear Plant through 2050. The extension removes long-term regulatory uncertainty surrounding one of the company’s key nuclear assets and enables Duke Energy to continue generating reliable, low-cost, carbon-free electricity for an additional 20 years beyond its previous license term.
Quarterly results are likely to benefit from the completed sale of DUK’s Tennessee Piedmont Natural Gas business to Spire for $2.48 billion. Approximately $800 million of the proceeds will be used to reduce debt at Piedmont Natural Gas, while the remaining $1.5 billion, net of taxes, will help fund Duke Energy's $103 billion five-year regulated capital investment plan without relying heavily on external financing.
Higher sales volumes and the implementation of new rates in the electric and gas segments in the prior quarters are expected to have enhanced the bottom line.
However, higher operating expenses are likely to have offset some of the positives in the to-be-reported quarter.
DUK’s Q2 ExpectationsThe Zacks Consensus Estimate for earnings is pegged at $1.29 per share, implying 3.2% growth year over year.
The consensus estimate for revenues is pinned at $7.71 billion, implying 2.8% growth year over year.
What Our Quantitative Model PredictsOur proven model predicts an earnings beat for Duke Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here as you can see below.
Other Stocks to ConsiderInvestors may also consider the following players from the same sector, as these, too, have the right combination of elements to post an earnings beat this reporting cycle.
Pinnacle West Capital (PNW - Free Report) is likely to come up with an earnings beat when it reports second-quarter results on Aug. 4. It has an Earnings ESP of +0.95% and a Zacks Rank of 2 at present.
PNW’s long-term (three to five years) earnings growth rate is 5.81%. The Zacks Consensus Estimate for earnings is pinned at $1.49 per share, which implies a year-over-year decrease of 5.7%.
Spire (SR - Free Report) is likely to come up with an earnings beat when it reports fiscal third-quarter results on Aug. 5. It has an Earnings ESP of +16.67% and a Zacks Rank of 3 at present.
SR’s long-term earnings growth rate is 11.17%. The Zacks Consensus Estimate for sales is pinned at $397.9 million, which implies a year-over-year decrease of 5.7%.
Vistra (VST - Free Report) is likely to come up with an earnings beat when it reports second-quarter results on Aug. 7. It has an Earnings ESP of +19.75% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for VST’s earnings is pinned at $2.41 per share, which implies a year-over-year increase of 138.6%. The consensus estimate for sales implies a year-over-year increase of 50.1%.
Duke Energy čeká za čtvrtletí zisk 1,29 USD na akcii, tedy meziročně o 3,2 % více, při tržbách 7,71 miliardy USD. Analytici navíc po úpravách odhadů vidí šanci na překonání konsenzu.
Duke Energy (DUK - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis electric utility is expected to post quarterly earnings of $1.29 per share in its upcoming report, which represents a year-over-year change of +3.2%.
Revenues are expected to be $7.71 billion, up 2.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.55% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Duke Energy?For Duke Energy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.16%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Duke Energy will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Duke Energy would post earnings of $1.79 per share when it actually produced earnings of $1.93, delivering a surprise of +7.82%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Duke Energy appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Utility - Electric Power industry, Dominion Energy (D - Free Report) , is soon expected to post earnings of $0.74 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -1.3%. This quarter's revenue is expected to be $4.06 billion, up 6.6% from the year-ago quarter.
The consensus EPS estimate for Dominion Energy has been revised 3.8% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -5.41%.
This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that Dominion Energy will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Duke Energy očekává, že datová centra přinesou zákazníkům miliardy dolarů v dlouhodobé úlevě na účtech. Firma říká, že nové příjmy pomohou financovat investice do sítě a spolehlivosti.
With the Customer Protection Plus framework, Duke Energy is committed to responsibly managing growth while maintaining reliability and creating customer benefits , /PRNewswire/ -- Duke Energy customers will benefit from billions of dollars in long-term bill relief as data centers begin operations.
"Data centers will provide billions of dollars in customer benefits," said Harry Sideris, president and CEO of Duke Energy. "Duke Energy remains laser-focused on ensuring data centers not only pay their fair share but also yield savings for our existing customers."
Working with customers, regulators and other stakeholders, Duke Energy will ensure growth in energy demand creates lasting value for everyone. New revenues from growth support ongoing investments that improve the grid and expand energy resources.
How Duke Energy creates customer value from data center growth
Duke Energy's Customer Protection Plus framework guides how the company evaluates, plans for and manages data center growth. It's built on three priorities:
Preserve Reliability: Before new data center customers connect to the electric system, Duke Energy conducts engineering studies to ensure the grid can safely serve them while maintaining reliable service and power quality for existing customers. Power Responsible Growth: Large customers like data centers sign long-term agreements designed to protect existing customers and deliver customer savings. Agreements can include customer-funded connection costs, long-term commitments, upfront financial security, termination charges and temporary curtailment provisions for limited, targeted grid events. Together, these provisions provide greater certainty, support long-term planning and help ensure growth creates value for customers.
Produce Shared Value: When revenues from new large-load customers exceed the cost of serving them, those projects will create customer benefits while supporting investments that strengthen the grid, expand energy resources and support long-term economic growth across communities. Learn more about the Customer Protection Plus framework and Duke Energy's approach for data centers at duke-energy.com/DataCenters.
What they're saying
"We've always put customers first, and these agreements are designed to do exactly that. Through long-term commitments, financial protections and careful planning, we're working to ensure growth supports reliability and creates lasting value for customers."
-Harry Sideris, president and CEO, Duke Energy
"A lot of the discussion around data centers focuses on how much energy they use. We're equally focused on what that growth can mean for all customers. We're committed to an ongoing, collaborative and transparent partnership with our customers, regulators and other stakeholders to ensure projects create meaningful customer benefits, all while ensuring the energy system is prepared for future growth."
-Sasha Weintraub, EVP and chief customer officer, Duke Energy
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram and Facebook for stories about the people and innovations powering its communities.
Fond Andra AP ve 1. čtvrtletí koupil novou pozici v Duke Energy za zhruba 4,098,000 USD, když nabyl 31 300 akcií. Zároveň společnost oznámila vyšší čtvrtletní dividendu na 1,085 USD na akcii.
Andra AP fonden purchased a new position in shares of Duke Energy Corporation (NYSE:DUK – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 31,300 shares of the utilities provider’s stock, valued at approximately $4,098,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. World Investment Advisors increased its stake in Duke Energy by 62.7% in the fourth quarter. World Investment Advisors now owns 42,680 shares of the utilities provider’s stock valued at $5,003,000 after purchasing an additional 16,450 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Duke Energy by 22.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 132,530 shares of the utilities provider’s stock valued at $15,534,000 after buying an additional 24,497 shares during the period. Moseley Investment Management Inc. increased its stake in shares of Duke Energy by 423.6% during the 4th quarter. Moseley Investment Management Inc. now owns 9,749 shares of the utilities provider’s stock valued at $1,143,000 after acquiring an additional 7,887 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of Duke Energy by 4.1% during the 4th quarter. Exchange Traded Concepts LLC now owns 359,829 shares of the utilities provider’s stock worth $42,176,000 after acquiring an additional 14,137 shares during the period. Finally, Advisors Management Group Inc. ADV boosted its position in shares of Duke Energy by 187.8% in the fourth quarter. Advisors Management Group Inc. ADV now owns 78,293 shares of the utilities provider’s stock worth $9,177,000 after acquiring an additional 51,088 shares during the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.
Duke Energy News Roundup Here are the key news stories impacting Duke Energy this week:
Positive Sentiment: Duke Energy reached a North Carolina rate settlement that significantly trims the proposed increase, which could improve the outlook for future revenue and reduce uncertainty for investors. Positive Sentiment: The company was highlighted as a trending stock, suggesting increased investor attention and trading interest around Duke Energy shares. Positive Sentiment: Duke Energy also received coverage tied to dividend growth and data-center demand trends, reinforcing the stock’s appeal as a defensive income name with growth catalysts. Neutral Sentiment: Duke Energy awarded $35,000 to West Terre Haute nonprofits, a positive community-relations item but not likely to materially affect the stock price. Negative Sentiment: North Carolina officials, including the attorney general, continue to push back on the rate settlement, keeping regulatory scrutiny elevated and leaving some downside risk if approvals become more difficult. Negative Sentiment: News that Duke Energy ended a wind lease off the North Carolina coast adds a bit of uncertainty around its clean-energy strategy, though the immediate financial impact appears limited. Insiders Place Their Bets In other news, CEO Harry K. Sideris sold 20,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $124.37, for a total transaction of $2,487,400.00. Following the transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at approximately $11,952,205.74. The trade was a 17.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the completion of the transaction, the chief executive officer owned 21,415 shares of the company’s stock, valued at $2,680,087.25. This trade represents a 14.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.12% of the company’s stock.
Wall Street Analyst Weigh In A number of equities research analysts recently issued reports on the stock. BTIG Research restated a “buy” rating and issued a $139.00 target price on shares of Duke Energy in a report on Tuesday, June 2nd. UBS Group decreased their price target on shares of Duke Energy from $137.00 to $135.00 in a report on Monday, May 11th. Jefferies Financial Group lowered their price objective on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Mizuho dropped their price objective on Duke Energy from $139.00 to $135.00 and set an “outperform” rating for the company in a report on Thursday, June 18th. Finally, Wall Street Zen raised Duke Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and an average target price of $138.60.
View Our Latest Report on DUK
Duke Energy Price Performance Shares of NYSE DUK opened at $127.96 on Thursday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44. Duke Energy Corporation has a 1-year low of $113.89 and a 1-year high of $134.49. The company has a market capitalization of $99.76 billion, a price-to-earnings ratio of 19.60, a PEG ratio of 2.77 and a beta of 0.38. The business has a 50-day moving average of $125.00 and a 200-day moving average of $125.67.
Duke Energy (NYSE:DUK – Get Free Report) last announced its earnings results on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, beating the consensus estimate of $1.87 by $0.06. The business had revenue of $9.18 billion for the quarter, compared to the consensus estimate of $8.44 billion. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The company’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the business posted $1.76 EPS. On average, equities analysts anticipate that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.
Duke Energy Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be paid a dividend of $1.085 per share. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, August 14th. Duke Energy’s payout ratio is 65.24%.
Duke Energy Profile (Free Report)
Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.
Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects.
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Duke Energy Carolinas se dohodla s regulátory v Severní Karolíně na snížení navrhovaného zvýšení sazeb o více než polovinu. Pokud bude schváleno Komisí pro veřejné služby v Severní Karolíně (NCUC), nové ceny začnou platit 1. ledna 2027.
Customer and stakeholder feedback informs more cost-effective way to reliably serve North Carolina's customers Duke Energy will contribute $10 million to help customers most in need , /PRNewswire/ -- After listening carefully to customer and stakeholder feedback, Duke Energy Carolinas and stakeholders have reached an agreement that will allow the company to continue building the infrastructure needed to reliably serve North Carolina while reducing the proposed rate increase by more than half.
The changes are reflected in a new agreement between the company and North Carolina Public Staff, the agency representing utility customers. Other parties to the agreement include Carolina Industrial Group for Fair Utility Rates, Carolina Utility Customers Association, North Carolina Sustainable Energy Association and Walmart, with others expected to join in the coming days.
Our view: "In light of the cost pressures our customers are facing, along with continued conversations with other stakeholders, we felt we had to do more," said Kendal Bowman, Duke Energy's North Carolina president. "We appreciate our stakeholders' engagement in finding a path that allows us to more cost-effectively serve the Tar Heel State. Our shareholders will also contribute $10 million to low-income bill assistance and weatherization programs – over and above our existing funding – which will make a real difference for customers who need help the most."
The company agreed to pursue similar terms for its Duke Energy Progress customers.
Agreement summary:
If approved by the North Carolina Utilities Commission (NCUC), the result is an average annual increase of 3.7% over two years. 9.8% return on equity and 53% equity component of the capital structure. New Multiyear Rate Plan (MYRP) refund rider will return money to customers, with interest, if planned infrastructure upgrades are not completed on time. Reduced customer costs for Belews Creek reliability upgrades due to federal funding. Why it matters: Since the request was initially filed last November, customers have made clear they're struggling to pay their bills, and Duke Energy has responded.
"We've agreed to reduce rates even more than in our prior settlements, while still allowing us to make vital infrastructure investments to meet existing and future customer needs," said Bowman. "Our duty is to protect reliability at the lowest possible cost, and we believe this agreement achieves that balance."
What's next: NCUC will consider the agreements and make the final decision – if approved, new rates will go into effect Jan. 1, 2027.
Duke Energy Carolinas serves about 2.3 million households and businesses in central and western North Carolina, including Charlotte, Durham and the Triad, while Duke Energy Progress serves about 1.6 million customers in central and eastern North Carolina and in the Asheville region.
Duke Energy Carolinas
Duke Energy Carolinas, a subsidiary of Duke Energy, owns 20,800 megawatts of energy capacity, supplying electricity to 3 million residential, commercial and industrial customers across a 24,000-square-mile service area in North Carolina and South Carolina.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
, /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.085 per share, an increase of $0.02. This dividend is payable on September 16, 2026, to shareholders of record at the close of business on August 14, 2026.
The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on September 16, 2026, to shareholders of record at the close of business on August 14, 2026. This is equivalent to $0.359375 per depositary share.
Duke Energy has paid a cash dividend on its common stock for 100 consecutive years.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
Media Contact: Gillian Moore
24-hour: 800.559.3853
Analyst Contact: Mike Switzer
Office: 704.382.6473
Duke Energy v poslední seanci vzrostla o 1,1 % na 126,86 USD, zatímco S&P 500 klesl o 0,79 %. Investoři sledují výsledky, které firma zveřejní 4. srpna 2026.
In the latest close session, Duke Energy (DUK - Free Report) was up +1.1% at $126.86. This move outpaced the S&P 500's daily loss of 0.79%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 1.55%.
Prior to today's trading, shares of the electric utility had gained 0.41% lagged the Utilities sector's gain of 2.4% and the S&P 500's gain of 4.28%.
Investors will be eagerly watching for the performance of Duke Energy in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. In that report, analysts expect Duke Energy to post earnings of $1.3 per share. This would mark year-over-year growth of 4%. At the same time, our most recent consensus estimate is projecting a revenue of $7.7 billion, reflecting a 2.59% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.71 per share and a revenue of $33.66 billion, indicating changes of +6.34% and +4.43%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Duke Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.08% upward. Duke Energy presently features a Zacks Rank of #2 (Buy).
From a valuation perspective, Duke Energy is currently exchanging hands at a Forward P/E ratio of 18.7. This indicates a premium in contrast to its industry's Forward P/E of 18.25.
The Utility - Electric Power industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 160, which puts it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Duke Energy Florida v roce 2027 přinese zákazníkům úsporu 50 milionů USD díky rychlejšímu vrácení daňových kreditů. Tím se vyhne 2% navýšení základní sazby v dohodě na roky 2025–2027.
, /PRNewswire/ -- Duke Energy Florida is delivering $50 million in customer savings in 2027. The company is implementing an innovative strategy to accelerate the return of tax credits over one year rather than the standard 15-year lifespan of its Powerline Battery Energy Storage System. This will avoid the 2% base rate increase outlined in its multiyear (2025-2027) rate agreement and help keep costs as low as possible for customers.
Our view
"Our customers count on us to continually look for ways to keep our costs in check and help ease their overall financial burden – especially as prices continue to rise in seemingly every aspect of our daily lives," said Melissa Seixas, Duke Energy Florida state president. "By finding a way to return these tax credits faster, we're able to put millions of dollars to work for our customers sooner, while also building the modern energy infrastructure Florida's rapidly growing communities need."
Better reliability, more savings
Over the next 10 years, Duke Energy Florida plans to build 1.4 gigawatts of battery storage, which will result in more than $500 million in investment tax credits that the company will pass on directly to customers. Batteries play an important role in Duke Energy Florida's "all-of-the-above" approach to power generation, storing electricity when demand is low and making it available when customers need it most. The company currently has six sites located throughout the state; the Powerline Battery Energy Storage System in Citrus County will be the seventh site when it is completed next year. The more batteries Duke Energy Florida adds to its portfolio, the more useful solar energy sites become, as customers can benefit from the stored energy even when it is cloudy or the sun has gone down. The company is working to establish 12 new solar energy sites by the end of 2028, saving customers a total of approximately $3 billion in displaced fuel costs throughout their service lifetimes. In 2025, the company passed on approximately $65 million in production tax credits from solar energy sites to customers – an amount that will grow as more sites are completed – reducing residential rates by at least $2.50 per 1,000 kilowatt-hours of electricity used. Need help now?
While Duke Energy Florida lowered residential customers' rates three times in 2026 and continues to look for new, creative ways to provide relief, the company understands energy use – and bills – may be surging as temperatures rise this summer. Customers are encouraged to take advantage of the many energy efficiency and financial assistance programs available to them, from free assessments of their home's energy use to flexible payment plans. For more information, please visit duke-energy.com/SummerSolutions.
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
Contact: Aly Raschid
24-Hour: 800.559.3853
X: @DE_AlyRaschid
Duke Energy v roce 2025 utratila téměř 1 miliardu USD u dodavatelů se sídlem v Severní Karolíně. Více než 97 % jejích ročních nákupů za 17,2 miliardy USD míří na americké dodavatele.
More than 97% of Duke Energy's $17.2 billion in annual sourcing supports U.S.-based suppliers Investments support critical grid equipment, American jobs and long-term reliability , /PRNewswire/ -- As the nation approaches Independence Day, Duke Energy is investing in American suppliers to help power local economies, support customer value and build the energy infrastructure needed to serve growing communities.
By the numbers: Duke Energy spent nearly $1 billion with North Carolina-based suppliers in 2025, helping local businesses grow while securing the equipment and services needed to keep energy reliable for customers.
Looking ahead, Duke Energy's continued investment in North Carolina suppliers could total nearly $5 billion over five years – supporting jobs, strengthening local economies and helping meet growing energy needs.
Why it matters: More than 97% of Duke Energy's $17.2 billion in annual sourcing supports U.S.-based suppliers, helping sustain domestic manufacturing, reduce supply chain risk and keep critical equipment closer to home. These investments ready the grid for rising energy demand and bolster reliability.
Go deeper: Duke Energy's supplier investments include transformers from GE Vernova in Goldsboro, N.C., gas turbines from Siemens Energy in Charlotte, N.C. and others.
What they're saying: "Powering America's future starts with investing in the people, businesses and communities building it," said Katie Aittola, senior vice president of supply chain, real estate and chief procurement officer for Duke Energy. "By working with American suppliers, Duke Energy is helping deliver reliable service and value for customers while reinvesting customer dollars in the local economies we serve. These investments help ensure our teams have the equipment and materials they need, support American companies and skilled workers, and create a ripple effect that strengthens manufacturing, jobs and long-term growth in our communities."
"North Carolina's business community is strongest when companies invest in one another," said N.C. Chamber President and CEO Gary Salamido. "Duke Energy continues to lead by example, directing nearly $1 billion to North Carolina-based suppliers in 2025 alone. Investments like these strengthen communities, support local businesses and reinforce the supply chains and partnerships that power North Carolina's growth."
"We are proud to provide the critical transformers and other electrification equipment that enables Duke Energy to help the people of North Carolina thrive," said Troy Kabrich, GE Vernova Goldsboro site director. "Supporting the communities we live and work in is an honor and a privilege we take seriously."
"We have a robust, decades-long foundation in North Carolina, supported through strong collaborations like that with Duke Energy and a dedicated workforce. The equipment we produce here is helping meet our nation's unprecedented growth in energy," said Matt Neal, Siemens Energy's President of North America.
The impact: As energy demand grows across North Carolina and beyond, Duke Energy's work with U.S.-based suppliers helps strengthen America's supply chain, keep critical grid equipment available and support the reliable infrastructure customers, businesses and communities need to grow.
About Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, North Carolina, is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky. The company employs approximately 26,400 people.
Duke Energy is executing an ambitious energy transition, keeping customer reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.
More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook.
Duke Energy ukončí svůj nájem pro offshore větrnou elektrárnu v oblasti Carolina Long Bay v rámci dohody s americkým ministerstvem vnitra. Firma zároveň znovu investuje téměř 129 milionů USD do nové výrobní kapacity elektřiny v Carolinách.
Duke Energy’s Oconee Nuclear Station in Seneca, South Carolina, U.S., October 12, 2025. REUTERS/Liz Hampton/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - Duke Energy (DUK.N), opens new tab will end its offshore wind lease in the Carolina Long Bay area as part of a settlement agreement with the U.S. Department of the Interior, the department said on Monday, in the latest move by U.S. President Donald Trump to shift investments away from the renewable power source.
President Donald Trump's administration has reached deals with multiple power companies this year to terminate offshore wind leases in exchange for pledged investments in fossil fuel-fired electricity.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
Under the latest agreement, Duke will reinvest nearly $129 million in additional electric power capacity in the Carolinas. Duke, in the same statement, said it is considering investments in nuclear power, which is virtually emissions-free, and power from natural gas, a fossil fuel, along with grid investments.
Reporting by Pooja Menon in Bengaluru and Laila Kearney in New York
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Duke Energy plánuje v letech 2026–2030 investovat zhruba 103 mld. USD a čeká 5–7% růst upraveného EPS do roku 2030. Pro rok 2026 potvrdila výhled upraveného EPS na 6,55–6,80 USD.
Key Takeaways Duke Energy plans to invest about $103B from 2026-2030 to expand and modernize regulated utilities.DUK reaffirmed 2026 EPS guidance and expects 5-7% adjusted EPS growth through 2030.Duke Energy sees rising demand from data centers, manufacturing and economic development projects. Duke Energy (DUK - Free Report) is entering one of the largest capital investment cycles in its history, positioning itself to benefit from rising electricity demand while maintaining relatively predictable cash flows.
Duke Energy plans to invest approximately $103 billion between 2026 and 2030 to modernize its regulated electric and gas utilities, expand generation capacity, strengthen grid reliability and meet accelerating electricity demand. Management reaffirmed its 2026 adjusted earnings per share (EPS) guidance of $6.55-$6.80 and a 5-7% adjusted EPS growth rate projection through 2030, with confidence to earn in the top half of the range beginning in 2028. The company reaffirmed its 2026 capital expenditure outlook of approximately $17.75 billion, with year-to-date spending totaling $4.19 billion as of March 31, 2026.
Duke Energy continues to see increasing demand from large commercial and industrial customers, particularly data centers, advanced manufacturing facilities and economic development projects across North Carolina, South Carolina, Florida, Indiana and other service territories. Management expects these trends to remain an important driver of load growth over the coming decade.
DUK is simultaneously executing a balanced energy transition strategy. Rather than relying on a single technology, the company is expanding renewable generation, investing in battery storage, upgrading natural gas assets and exploring advanced nuclear technologies.
Although regulatory approvals and interest rates remain important factors to monitor, Duke Energy's predominantly regulated business model provides unusually strong earnings visibility. As capital investments are placed into service and incorporated into the regulated asset base, they create opportunities for steady earnings growth while supporting the company's long-standing commitment to dividend increases.
Utilities With Multi-Billion-Dollar Capital Investment PlansAlong with Duke Energy, several other utilities are also pursuing similar long-term investment strategies, as discussed below:
NextEra Energy, Inc. (NEE - Free Report) aims to invest nearly $94.2 billion in the 2026-2030 period. Its unit, Florida Power & Light Company, plans to invest nearly $57.38 billion during 2026-2030 to develop new generation units, add new transmission and distribution units, and strengthen existing operations.
Dominion Energy, Inc. (D - Free Report) has a well-chalked-out long-term capital expenditure plan to strengthen and expand its infrastructure. The company plans to invest $11.4 billion in 2026 and nearly $65 billion during the 2026-2030 period to further strengthen its operations.
DUK’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 EPS indicates an increase of 6.34% and 6.49%, respectively, year over year.
Image Source: Zacks Investment Research
DUK Stock Trading at a PremiumDUK is trading at a premium relative to the industry, with a forward 12-month price-to-earnings of 18.56X compared with the industry average of 16.29X.
Image Source: Zacks Investment Research
DUK Stock Price PerformanceIn the past six months, the company’s shares have risen 9.3% compared with the industry’s 10.7% growth.
Image Source: Zacks Investment Research
DUK’s Zacks RankThe company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
