Track market-moving stories before they get noisy

Duke Energy (DUK - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this electric utility have returned -1.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Utility - Electric Power industry, to which Duke Energy belongs, has lost 2.8% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Duke Energy is expected to post earnings of $1.89 per share for the current quarter, representing a year-over-year change of +4.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.4%.

The consensus earnings estimate of $6.72 for the current fiscal year indicates a year-over-year change of +6.5%. This estimate has changed +0.1% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $7.15 indicates a change of +6.4% from what Duke Energy is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Duke Energy is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Duke Energy, the consensus sales estimate of $8.87 billion for the current quarter points to a year-over-year change of +3.9%. The $33.78 billion and $35.62 billion estimates for the current and next fiscal years indicate changes of +4.8% and +5.4%, respectively.

Last Reported Results and Surprise HistoryDuke Energy reported revenues of $7.59 billion in the last reported quarter, representing a year-over-year change of +1.1%. EPS of $1.43 for the same period compares with $1.25 a year ago.

Compared to the Zacks Consensus Estimate of $7.71 billion, the reported revenues represent a surprise of -1.59%. The EPS surprise was +10.85%.

Over the last four quarters, Duke Energy surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Duke Energy is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Duke Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

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.

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.

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.

National Weather Service forecasts temperatures about 10 degrees above normal for early September, with highs in the mid-to-upper 90s across much of the Carolinas Air conditioners run longer and use more energy in hot weather – even if the thermostat never moves Tools, programs and flexible billing options can help customers better understand usage and manage costs , /PRNewswire/ -- Hot weather is returning to the Carolinas this week. The National Weather Service is forecasting highs in the mid-to-upper 90s, with conditions expected to feel as hot as 100 to 105 degrees in some areas and temperatures running about 10 degrees above normal for early September.

As temperatures rise, air conditioners work harder and use more energy to maintain the same indoor temperature. Duke Energy is sharing information, tools and resources to help customers better understand how weather affects energy use, manage costs and learn about available assistance options.

Why energy use increases when temperatures rise

One of the most common questions customers ask is why energy use can increase even when they haven't changed their thermostat setting.

The reason is simple: when it's hotter outside, your air conditioner has to work harder to cool your home.

For example, if it's 82 degrees outside and your thermostat is set to 72 degrees, your system is working to close a 10-degree gap. When temperatures climb into the upper 90s, that gap can grow to 25 degrees or more, causing the air conditioner to run longer and use more energy to maintain the same indoor temperature.

That's why customers may see higher energy use during periods of above-normal heat, even when thermostat settings and daily routines stay the same.

Understand what's driving your bill

Duke Energy offers free tools that can help customers better understand their energy use and monthly bill:

Bill Insights, available in the Duke Energy app, provides a personalized explanation of the factors influencing a customer's bill, including weather-related impacts. Usage Alerts provide a mid-cycle update on energy use, current costs and projected billing cycle costs, helping customers avoid surprises. My Home Energy Report provides personalized insights and analysis of your home's energy use, helping you save energy and money. Simple ways to improve energy efficiency

Set your thermostat to the highest comfortable setting. Even a small adjustment can help improve energy efficiency. Run ceiling fans counterclockwise to circulate cooler air and help rooms feel cooler. Close blinds and curtains on sunny windows during the hottest part of the day to help keep indoor temperatures lower. Programs that can help customers save

A free home energy assessment from an energy expert provides personalized recommendations and free energy efficiency products. Customers can earn up to $246 in bill credits by enrolling eligible devices in Power Manager® or EnergyWise® Home. Time-of-use and other time-based rate options may help customers lower costs by shifting some energy use to times when electricity demand is lower. Flexible billing and assistance options

Customers who need additional flexibility have several options available:

Annual Budget Billing helps make monthly bills more predictable by spreading seasonal highs and lows across the year. Pick Your Due Date allows customers to choose a billing due date that better aligns with their schedule. Payment Assistance Finder connects customers with local assistance resources through a simple ZIP code search. "Summer weather can have a significant impact on how much energy a household uses," said Kendal Bowman, Duke Energy's North Carolina president. "We're helping customers stay informed with tools that explain how weather and other factors can affect energy use, while also connecting customers with assistance resources when they need support."

Customers can learn more about energy-saving programs, billing options and assistance resources at duke-energy.com/SummerSolutions.

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. 

24-Hour: 800.559.3853

SOURCE Duke Energy

Duke Energy offers a compelling growth profile, investing heavily in its network despite trading at 18x this year's earnings. DUK's recently issued 2029 equity units (DUKU) provide higher yield via a 2.90% contract adjustment, totaling $3.875 per unit annually until conversion. DUKU units convert to common shares in August 2029, with conversion ratios exposing holders to potential capital gains or losses based on share price.

Customers can access tools to track energy use and find assistance resources, /PRNewswire/ -- As high temperatures continue across much of North Carolina and South Carolina, Duke Energy is reminding customers about tools that can help them stay informed about their energy use and connect them with assistance programs if they need help.

The reminder comes as federal climate data shows July 2026 was the hottest month ever recorded across the contiguous United States, according to NOAA.

"Summer weather can have a significant impact on how much energy a household uses," said Kendal Bowman, Duke Energy's North Carolina president. "We're helping customers stay informed with tools that explain how weather and other factors can affect energy use, while also connecting customers with assistance resources when they need support."

Tools that help customers stay informed

Duke Energy offers several tools that can help customers monitor and better understand their energy use.

Bill Insights in the Duke Energy app helps explain factors that may be affecting energy use and monthly bills, including weather and other changes that can influence energy use.

Usage Alerts help customers track energy use during their billing cycle and provide projected energy use and estimated bill information before the bill arrives. This gives customers time to make adjustments to help reduce energy use before the bill arrives.

Home Energy Reports compare a home's energy use with similar homes and offer tips that can help customers better understand energy use at home.

Help is available

Customers who need help paying their bill are encouraged to contact Duke Energy to learn about payment arrangements and assistance programs.

Resources include:

Payment Assistance Finder, an online tool that helps customers find local agencies and nonprofit organizations that may be able to help. Through partnerships with community organizations across North Carolina, programs such as Share the Light Fund® and Share the Warmth have distributed more than $31 million over the past decade to support customers facing financial hardship.

Share the Light Fund®, which provides bill-payment assistance for eligible customers experiencing financial hardship.

Payment arrangements and installment plans for eligible customers who need additional flexibility.

Customers can learn more about tools, assistance programs and other resources on Duke Energy's Summer Energy Solutions webpage.

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.

24-Hour: 800.559.3853

View original content to download multimedia:https://www.prnewswire.com/news-releases/noaa-confirms-hottest-month-on-record-across-the-contiguous-us-302855364.html

SOURCE Duke Energy

Effort will help strengthen vital downtown areas and bring new energy to community gathering spaces , /PRNewswire/ -- The Duke Energy Foundation is investing $175,000 in South Carolina communities through its Main Street Revitalization grant program to support projects that enhance downtown districts, neighborhood centers and commercial corridors across the state.

"Main Street can be the heart of thriving communities," said Tim Pearson, Duke Energy's South Carolina state president. "This grant program will invest in local ideas that enhance quality of life and can help create opportunities for future growth, particularly in rural communities across the state."

How it works: South Carolina government entities and qualified nonprofit organizations can apply for grants of up to $10,000 to invest in projects that create vibrant places to live, work and gather while supporting long-term economic growth and development. Eligible projects may include:

Facade improvements Streetscape enhancements Public gathering spaces Wayfinding signage tied to an existing master plan Blighted building renovations Landscaping and beautification efforts Downtown greenway connections Small business incentive programs or microgrants Organizations can apply now through Aug. 31. Organizations interested in applying can learn more and access application materials here.

Duke Energy Foundation
Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

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: Catherine Ramirez

24-Hour: 800.559.3853

SOURCE Duke Energy

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.

Media Contact: Ryan Mosier

24-Hour: 800.559.3853

SOURCE Duke Energy

Funding will help local organizations provide critical assistance and resources to communities impacted by recent storms , /PRNewswire/ -- In response to the severe storms that swept across Ohio and Kentucky, causing widespread damage, power outages, and fallen trees, the Duke Energy Foundation is providing emergency grant funding to local nonprofit organizations supporting relief and recovery efforts.

The rapid response grants will support community efforts to meet immediate needs in impacted areas, including:

Freestore Foodbank– $75,000 to provide food, water and other necessities to communities impacted by the storm. American Red Cross – $15,000 to support shelter operations and disaster recovery efforts for impacted residents. Matthew 25: Ministries – $10,000 to distribute disaster relief supplies, hygiene kits, cleaning products and other recovery materials. Why It Matters

"Our employees and contractors are working around the clock to restore power, but recovery doesn't end when the lights come back on," said Amy Spiller, Duke Energy Ohio and Kentucky president. "These grants will help local organizations provide critical support to families and communities impacted by this storm, and we're proud to stand alongside our nonprofit partners during this recovery effort."

At the peak of the storm, more than 180,000 Duke Energy customers in Ohio and Kentucky experienced power outages. The severe weather brought damaging winds and downed trees throughout the region, impacting homes, businesses and community infrastructure.

"When severe weather strikes, local nonprofit organizations are often among the first to respond and the last to leave," said Loree Elswick, president of the Duke Energy Foundation. "These emergency grants will help our community partners meet immediate needs, provide support to vulnerable residents and help communities begin the recovery process. By working through trusted local organizations, we can help ensure assistance reaches people quickly and effectively."

Duke Energy crews continue to work to safely restore service to customers affected by the storm. The Foundation's investment complements those efforts by helping address community needs that extend beyond power restoration.

Duke Energy Foundation

The Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

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: Gina DiPietro
24-hour: 800.559.3853

SOURCE Duke Energy

Twenty nonprofits will provide microgrants and business support to hundreds of local entrepreneurs across the state
  
Grants are a continuation of North Carolina small businesses support, with over $3 million since 2020

, /PRNewswire/ -- The Duke Energy Foundation is providing $500,000 in grants to North Carolina organizations that help small businesses start, grow and thrive.

Our view: "Small businesses are woven into the fabric of our communities. They're the restaurants where neighbors gather, the childcare centers that help parents stay in the workforce and the downtown storefronts that give a town its identity," said Kendal Bowman, Duke Energy's North Carolina president. "By working through trusted partners, we're helping entrepreneurs access the resources they need to grow, create jobs and continue serving the people who depend on them every day."

Where the money goes: $25,000 grants have been awarded to 20 nonprofits that will provide microgrants to individual small businesses from the mountains to the coast. Funded projects will reflect the unique needs of local communities, such as supporting downtown revitalization and storefront improvements, helping businesses invest in equipment, technology and e-commerce capabilities or providing mentorship, technical assistance or business training.

Arts Davidson County (Davidson)
  
Clayton Chamber Foundation (Johnston)
  
Davidson-Davie Community College Foundation (Davidson, Davie)
  
Downtown North Wilkesboro Partnership (Wilkes)
  
Elevents (Henderson)
  
Greater Fayetteville Chamber Foundation (Cumberland, Harnett, Hoke and surrounding counties)
  
Jacksonville Onslow Economic Development Partnership (Onslow)
  
Partners for Children & Families (Moore)
  
Reidsville Downtown Corporation (Rockingham)
  
Town of Magnolia (Duplin)

Asheville Downtown Association Foundation (Buncombe)
  
Davidson College (Mecklenburg, Iredell, Cabarrus, Gaston, Lincoln)
  
Downtown Asheboro (Randolph)
  
Dunn Area Chamber Foundation (Harnett)
  
Forever Bonded (Edgecombe, Wilson, Johnston, Pitt, Nash, Cumberland, New Hanover, Wake)
  
The Foundation of the Home Builders Association of Durham Orange & Chatham Counties (Chatham, Durham, Orange)
  
Montcross Tomorrow Chamber Foundation (Gaston)
  
Region A Foundation (Graham, Jackson, Macon, Swain and portions of Cherokee)
  
The Surry County Economic Development Foundation (Surry)
  
Western Sampson Commerce Group (Sampson)

Duke Energy Foundation
Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

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: Madison McDonald
24-Hour: 800.559.3853

SOURCE Duke Energy

More than 160,000 Duke Energy customers in Ohio and Kentucky remain without power as second round of storms is expected PR Newswi

Duke Energy and Piedmont Natural Gas urge everyone to call 811 before digging PR Newswire CHARLOTTE, N.C., Aug. 11

, /PRNewswire/ -- Duke Energy Corporation (NYSE: DUK) announced the pricing of its public offering of 35 million Equity Units. 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, a 1/40 undivided beneficial ownership interest in Duke Energy's 4.85% Remarketable Senior Notes due 2032 having a principal amount of $1,000 and a 1/40 undivided beneficial ownership interest in Duke Energy's 4.85% Remarketable Senior Notes due 2036 having a principal amount of $1,000. Each series of Remarketable Senior Notes is subject to remarketing, subject to certain conditions and during certain periods. The offering is expected to close on August 13, 2026, subject to customary closing conditions.

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).

Total distributions on the Corporate Units will be at the rate of 7.75% per year, consisting of interest payments on the Remarketable Senior Notes due 2032, interest payments on the Remarketable Senior Notes due 2036 and contract adjustment payments under the related stock purchase contracts. Under the purchase contracts, holders are required to purchase a variable number of shares of Duke Energy common stock no later than August 1, 2029. The reference price for the purchase contracts is $121.1827 per share, which is approximately equal to the closing price of Duke Energy common stock on The New York Stock Exchange on August 10, 2026. The minimum settlement rate under the purchase contracts is 0.3301 shares of Duke Energy common stock, which is approximately equal to the $50 stated amount per Equity Unit divided by the threshold appreciation price of $151.4693 per share, which represents a premium of approximately 25.00% over the reference price. The maximum settlement rate under the purchase contracts is 0.4126 shares of Duke Energy common stock, which is approximately equal to the $50 stated amount per Equity Unit divided by the reference price. Each of the settlement rates is subject to adjustment in certain circumstances.

Duke Energy has granted the underwriters an option to purchase within the 13-day period beginning on, and including, the initial issuance date of the Equity Units up to 5 million additional Corporate Units (an additional $250 million aggregate stated amount), solely for the purpose of covering over-allotments.

Duke Energy expects to use the net proceeds from the offering, which are expected to be approximately $1,719 million (or $1,965 million if the over-allotment option is exercised in full), after deducting the underwriting discounts and commissions but before deducting estimated offering expenses, (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 is being 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

SOURCE Duke Energy

National Weather Service calls for high heat and humidity across parts of North Carolina next week. Duke Energy offers bill management tools and financial assistance resources to help support customers. , /PRNewswire/ -- With hotter weather expected across North Carolina next week, Duke Energy is helping customers manage energy use, better understand their bills and access assistance if needed.

"As temperatures climb again next week, we want customers to understand what's driving their energy use and know where to turn for support," said Kendal Bowman, Duke Energy's North Carolina president. "From bill management tools to financial assistance resources, we're here to help."

Prepare for next week's heat

Looking ahead to next week's heat, customers can take simple steps to reduce cooling costs and improve home energy efficiency:

Set thermostats to the highest comfortable setting. Keep blinds and curtains closed during the hottest part of the day. Avoid using ovens, dryers and other heat-producing appliances during peak afternoon hours. Understanding what's driving your bill

Duke Energy offers tools that help customers better understand and manage their energy use. New this summer, Bill Insights in the Duke Energy app helps explain how weather, seasonal energy use and other factors may be affecting a customer's bill. Additionally, Usage Alerts provide projected energy use and bill information before a bill arrives, while Home Energy Reports offer personalized insights and recommendations to help customers save energy and money.

Why bills may be higher this summer

Cooling demand across North Carolina was 43% above normal by July 4 following multiple periods of extreme heat, according to federal weather data. For many customers, increased air-conditioning use is the primary reason energy use and bills may be higher than normal.

Help is available

Customers who need help paying their bill are encouraged to contact Duke Energy to discuss payment arrangements and available assistance options.

Payment Assistance Finder can help locate local financial assistance. Share the Light Fund® can help eligible customers facing financial hardship. Income-qualified weatherization programs can help lower energy use and costs. What we're doing to keep future costs down

While helping customers manage today's energy bills, Duke Energy is focused on delivering reliable service at the lowest possible cost.

Returning savings to customers: Up to $3.1 billion in tax credits for customer benefit, subject to regulatory approval. Leveraging outside funding: $96 million in Department of Energy grant funding for reliability and refurbishment projects. Creating long-term efficiencies: $2.3 billion in net customer savings through 2040 from combining the Carolinas utilities. Customers can learn more about available tools, assistance programs and energy-saving resources by visiting Duke Energy's Summer Energy Solutions webpage.

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.

24-Hour: 800.559.3853

SOURCE Duke Energy

HomeEarnings AnalysisUtilities 

SummaryIn this update, I'll review Duke Energy's Q2 2026 earnings report, which was published on Tuesday, August 4.I'll review how Duke Energy has been managing its debt and capital expenditures amid ongoing power generation and grid investments.In addition, I'll break down the key financial health metrics, including interest coverage and leverage ratios, to see if the company has been taking on undue risks.I'll also put the company's slowing dividend growth rate into context and share my longer-term view on the investment from an income perspective.Finally, I'll share why DUK stock made it back to my "weekly buy" list. Crovik Media/iStock via Getty Images

Introduction Major regulated utility Duke Energy Corp. (DUK) reported its earnings for the second quarter of 2026 on Tuesday. I first wrote about this—what I considered one of the best-positioned—utilities

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of DUK, SO, WEC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered investment and/or tax advice. I am a private investor from Europe and share my investing journey here on Seeking Alpha. I am neither a licensed investment advisor nor a licensed tax advisor. Furthermore, I am not an expert on taxes and related laws—neither in relation to the U.S. nor other geographies/jurisdictions. It is not my intention to give financial and/or tax advice, and I am in no way qualified to do so. Although I do my best to make sure that what I write is accurate and well-researched, I cannot be held responsible and accept no liability whatsoever for any errors, omissions, or consequences resulting from the enclosed information. The writing reflects my personal opinion at the time of writing. If you intend to invest in the stocks or other investment vehicles mentioned in this article—or in any investment vehicle generally—please consult your licensed investment advisor. If uncertain about tax-related implications, please consult your licensed tax advisor.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

, /PRNewswire/ -- Recent summers have been 10% to 15% hotter than the long-term average, and August is historically when temperatures peak in Florida. As humidity also rises across the state, AC systems are working harder and using more energy to keep up. In fact, roughly 30% of a single unit's output can go toward removing moisture.

With the hottest month of the year underway, Duke Energy Florida is offering important reminders about what it takes to keep the power flowing, as well as energy efficiency resources to help its more than 2 million customers save money.

Reliable lineworkers, reliable power

Lineworkers show up every single day. These men and women brave the extreme heat to maintain and strengthen the electric grid, powering customers' lives – and helping keep AC systems running – when they need it most. Safety is their top priority as they work to keep customers cool and comfortable. They follow strict protocols, including rotating crew members during strenuous tasks, working during cooler hours of the day, if possible, and taking mandatory hydration breaks. Tips and tools to take control

There are simple, low- or no-cost solutions to lower energy use. These include adjusting the thermostat to the highest comfortable setting, keeping air filters clean and running a ceiling fan counterclockwise to push cool air down. Mid-month reports make it easy to monitor progress. Usage Alert emails show how much energy has been used so far, as well as projected usage for the rest of month and an estimated payment amount, allowing adjustments to be made before the bill arrives. Energy efficiency programs can create even more savings. From free Home Energy Checks (associated with up to $3,800 in rebates on home improvement projects) to the EnergyWise Home program, which offers monthly bill credits, there are several options available.  Download B-roll of energy efficiency resources, including a Home Energy Check, here and here.

Our view

"Many of our customers are already feeling the impact of the extreme summer heat," said Melissa Seixas, Duke Energy Florida state president. "We want them to know we're committed to supporting them. Whether that's by providing service they can consistently count on, or through our many programs intended to give them control of their energy use and keep their costs as low as possible – we're here to help."

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: Laitin Sterling
24-Hour: 800.559.3853

SOURCE Duke Energy

NextEra’s Dominion Deal Could Put It at the Center of the AI Power RaceDuke Energy NYSE: DUK reported second-quarter 2026 adjusted earnings of $1.43 per share, up from $1.25 per share a year earlier, as customer growth and infrastructure investment at its electric utilities supported results. Reported earnings were $1.38 per share, compared with $1.25 per share in the prior-year quarter.

President and CEO Harry Sideris said the company remains on track to meet its 2026 adjusted earnings guidance of $6.55 to $6.80 per share. Duke also reaffirmed its long-term earnings-per-share growth target of 5% to 7% through 2030 and said it expects to deliver results in the top half of that range beginning in 2028, when contracted large-load projects are expected to begin contributing more meaningfully.

Get Duke Energy alerts:

Electric Utilities Drive Quarterly Growth 3 Blue-Chip Stocks Built for a Rotating MarketExecutive Vice President and CFO Brian Savoy said the electric utilities and infrastructure segment contributed $0.15 of year-over-year earnings growth, supported by customer expansion and investments intended to serve growing demand. Those benefits were partly offset by higher depreciation expense tied to Duke’s expanding asset base and higher interest expense.

The gas utilities and infrastructure segment was largely flat from the prior year, which Savoy described as consistent with expectations for a shoulder-season quarter. The company’s other segment rose $0.03 year over year, primarily reflecting lower interest expense after proceeds from its Tennessee and Florida transactions reduced holding-company financing needs, along with higher market returns.

From a Dividend King to FinTech, These 3 Large Caps Just ReportedSavoy also said weather supported results through the first half, with a colder-than-normal first quarter followed by a hot second quarter. Duke’s generating assets performed well during high-demand periods. He added that the company could reinvest some weather-related benefits into generating facilities during the second half to support their performance.

Large-Load Pipeline and Capital Opportunity Duke said it has secured 7.8 gigawatts of electric service agreements with data-center customers. The company expects the rest of its 15.4-gigawatt late-stage large-load pipeline to convert into service agreements by the first half of 2027.

Customers are expected to begin taking electricity as early as the second half of 2027 and into 2028, with demand ramping toward full contracted levels through the early 2030s. Savoy said the agreements include minimum-take provisions that underpin Duke’s revenue-growth projections.

The company said additional agreements could create $5 billion to $10 billion of upside to its current five-year capital plan, particularly for generation and transmission investments in Indiana and Florida. Savoy said that estimate applies within the current five-year planning period and would be triggered as agreements are signed and the related infrastructure needs are determined.

Sideris said most of the company’s late-stage large-load pipeline is in Florida and Indiana, though Duke also sees additional opportunities in the Carolinas, Ohio and Kentucky. Beyond data centers, the company cited interest from life-sciences and advanced-manufacturing customers. During the first half, Duke said it secured economic-development wins representing $5 billion in investment and more than 9,000 jobs across its service territories.

Regulatory and Customer-Affordability Measures Duke reached a comprehensive settlement with North Carolina Public Staff and other interveners in its Duke Energy Carolinas rate case. The agreement includes a 9.8% return on equity, a 53% equity capital structure, continuation of a multiyear rate-plan framework, and an earnings-sharing mechanism allowing Duke to earn up to 50 basis points above the authorized return on equity, or up to 10.3%.

The company is also pursuing a substantially similar framework for its Duke Energy Progress rate case, with discussions continuing ahead of an Aug. 11 hearing. Duke expects commission orders in both cases by mid-November and said customer rates would remain below the national average if the proposals are approved.

Sideris highlighted several actions intended to manage customer costs, including accelerating the flow-back of tax credits from a Florida battery project scheduled to begin operating next year. Duke said recognizing those credits in one year rather than over the project’s life will offset a base-rate increase for customers in 2027. The company also applied for Department of Energy loans in May that it said could provide billions of dollars in customer savings through lower interest costs on eligible projects.

Duke introduced its Customer Protection Plus commitment in July, describing it as a framework intended to ensure large energy users pay the costs associated with serving their facilities while creating benefits for existing customers over time.

Generation Buildout and Nuclear Planning The company said it is on track to add 15 gigawatts of generating capacity by 2031, including additions outlined in its latest 10-year Florida site plan. Its gas portfolio includes about 5 gigawatts under construction and another 2.5 gigawatts in development.

Duke increased the number of gas turbines available through its GE Vernova framework agreement to 26. The first turbine for its Person County combined-cycle project was delivered in July, with a second delivery expected later this year. Sideris said Duke has secured sufficient gas supply through the early 2030s and is working with suppliers on needs beyond that period.

On nuclear power, Duke said it continues to pursue uprates totaling about 300 megawatts at its current units and is working to extend plant operating lives to 80 years. It has received subsequent license renewals for two plants and expects to file an application for Brunswick Nuclear Plant by year-end.

Sideris said Duke is evaluating both small modular reactors and AP1000 units for potential new nuclear generation, but will not proceed until it has a plan to address financial, first-of-a-kind and supply-chain risks for customers and investors. He said the AP1000 appears to be leading due to its size and Duke’s generation needs, though no decision or timeline has been set.

On financing, Savoy said Duke remains on track to reach a 14.5% funds-from-operations-to-debt ratio this year and expects to reach 15% as additional proceeds from its DEF minority-interest investment are received. The company has priced $600 million through its at-the-market equity program this year, with settlement expected at the end of 2027. Duke also increased its quarterly dividend by 2% in July, extending its record of more than 20 consecutive years of annual dividend increases.

About Duke Energy (NYSE:DUK)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 Corporation (DUK) Q2 2026 Earnings Call Transcript

Duke Energy Corp (DUK) released its 8-K filing on August 4, 2026, detailing its financial results for the second quarter of 2026. The company continues to demon

, /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its second-quarter 2026 financial results in a news release available on the company's website at the following link: duke-energy.com/investors.

Harry Sideris, president and chief executive officer, and Brian Savoy, executive vice president and chief financial officer, will discuss the company's financial results and other business and financial updates during an investor presentation at 10 a.m. ET today.

The call can be accessed via the investors' section (duke-energy.com/investors) of Duke Energy's website or by dialing 585.542.9983 in the U.S. or 833.461.5787 outside the U.S. The confirmation code is 485914666. Please call in 10 to 15 minutes prior to the scheduled start time.

A recording of the webcast will be available on the investors' section of the company's website on Aug. 5.

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

SOURCE Duke Energy

Posted by Defense World Staff on Jul 31st, 2026

Arkadios Wealth Advisors raised its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 53.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 63,447 shares of the utilities provider’s stock after acquiring an additional 22,191 shares during the period. Arkadios Wealth Advisors’ holdings in Duke Energy were worth $8,308,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Basso Capital Management L.P. bought a new position in shares of Duke Energy in the 4th quarter worth $25,000. Dorato Capital Management bought a new stake in Duke Energy during the 4th quarter valued at $26,000. Evolution Wealth Management Inc. raised its holdings in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after buying an additional 200 shares during the last quarter. Triumph Capital Management raised its holdings in Duke Energy by 68.6% during the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock worth $27,000 after buying an additional 94 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new position in shares of Duke Energy in the fourth quarter valued at $28,000. 65.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Duke Energy In other news, CEO Harry K. Sideris sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $124.37, for a total value of $2,487,400.00. Following the transaction, the chief executive officer owned 96,102 shares in the company, valued at $11,952,205.74. The trade was a 17.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the completion of the transaction, the chief executive officer directly owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by company insiders.

Wall Street Analyst Weigh In Several equities research analysts have recently commented on the stock. BMO Capital Markets decreased their target price on shares of Duke Energy from $138.00 to $134.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. UBS Group dropped their price target on shares of Duke Energy from $137.00 to $135.00 in a research report on Monday, May 11th. Barclays cut their price target on Duke Energy from $143.00 to $134.00 and set an “overweight” rating for the company in a research note on Thursday, June 18th. BTIG Research reissued a “buy” rating on shares of Duke Energy in a report on Thursday, July 23rd. Finally, Capitol Sec Mgt downgraded Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and a consensus price target of $138.62.

Read Our Latest Stock Report on DUK

Duke Energy News Summary Here are the key news stories impacting Duke Energy this week:

Positive Sentiment: Duke Energy is expected to report year-over-year second-quarter EPS growth, supported by ongoing grid investment, rising electricity demand and recent infrastructure milestones. The earnings preview may reinforce the company’s long-term growth narrative ahead of its results. Duke Energy to Release Q2 Earnings: What’s in Store for the Stock? Positive Sentiment: The company plans to employ about 1,000 workers on multibillion-dollar electricity and natural-gas projects in North Carolina. The projects could expand Duke’s regulated asset base and position it to benefit from increasing regional power demand, although they also require substantial capital spending. Duke Energy to employ 1,000 to build multibillion-dollar power projects Positive Sentiment: Installation of underground power lines on Horatio Avenue should improve grid resilience and reliability, though the immediate financial impact is likely limited. Duke Energy starts installing underground power lines on Horatio Avenue Neutral Sentiment: Recent earnings results from other utilities, including WEC Energy, Exelon, NorthWestern and FirstEnergy, highlight continued benefits from rate-base growth, transmission investment and data-center demand. These reports offer a constructive sector backdrop but do not directly change Duke Energy’s earnings outlook. Neutral Sentiment: The Duke Energy Foundation announced $300,000 in grants for more than 30 organizations serving older South Carolinians. The initiative supports community relations but is unlikely to materially affect earnings or valuation. Duke Energy Foundation provides $300,000 in grants Negative Sentiment: North Carolina regulators reportedly reduced a proposed Duke Energy rate increase nearly by half, although customer bills would still rise. The lower approved increase could constrain near-term revenue and earnings growth relative to Duke’s request. North Carolina Duke Energy rate hike is cut nearly in half Negative Sentiment: DUK declined while the market gained, indicating investors may be taking profits or reducing exposure before the Q2 earnings release. The stock’s move appears more tied to positioning and rate-case concerns than to a new earnings miss. Duke Energy Stock Performance NYSE DUK opened at $126.29 on Friday. Duke Energy Corporation has a 1 year low of $113.89 and a 1 year high of $134.49. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44. The firm has a market cap of $98.46 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 2.84 and a beta of 0.38. The company has a fifty day moving average price of $125.65 and a 200-day moving average price of $126.17.

Duke Energy (NYSE:DUK – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The company had revenue of $9.18 billion for the quarter, compared to analyst estimates of $8.44 billion. During the same period last year, the firm earned $1.76 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. As a group, equities research analysts predict that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be given a dividend of $1.085 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. Duke Energy’s payout ratio is 65.24%.

About Duke Energy (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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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 (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.

$1 million in grants will support over 50 North Carolina organizations expanding food access, housing stability, senior services and utility assistance for families, seniors and vulnerable residents More than $34.6 million to support community needs and $31 million in utility-bill assistance through Share the Light Fund® and Share the Warmth since 2016 , /PRNewswire/ -- The Duke Energy Foundation is investing $1 million in nonprofit organizations across North Carolina that help families, seniors and vulnerable residents access essentials such as food, housing, health care, utility assistance and other critical services. The grants will support front line organizations working to support community needs while helping them build the capacity to serve even more people.

Where the money goes: The $1 million investment supports two complementary efforts: helping nonprofits build long-term capacity while expanding services for North Carolina's growing senior population.

Capacity Building: $500,000 will help strengthen 27 community organizations that deliver critical community services, including housing and utility assistance, food access, health care and more. Funding will help modernize technology, expand food distribution networks, improve case management systems, coordinate volunteers and enhance fundraising and service delivery capabilities. Senior Vibrancy: $500,000 will support 22 community organizations serving older North Carolinians through home repairs, meal programs, transportation assistance, benefits navigation, emergency financial support and other services that help seniors live independently, safely and with dignity. Why it matters: "Duke Energy Foundation's work is rooted in a simple belief: when our customers and communities need support, we must show up in meaningful, practical ways," said Kendal Bowman, Duke Energy's North Carolina president. "We know families and seniors across our state are making careful decisions about household expenses, especially during summer when energy use can increase. These grants help trusted nonprofits meet people where they are – with food, housing support, home repairs, health resources and the local care that keeps communities strong." 

Positive response:

Ashley McCumber, executive director of Meals on Wheels of Wake County: "We're honored to partner with the Duke Energy Foundation in supporting older adults across Wake County. This generous grant strengthens our ability to combat senior hunger and social isolation – two challenges that often go hand in hand. By investing in Meals on Wheels and our 10 Friendship Cafes across the county, Duke Energy Foundation is helping older adults stay healthy, connected and independently living in their own home while building a stronger, more compassionate community for every generation." Cindy Stubblefield, director of philanthropy for Habitat for Humanity of Forsyth County: "Thanks to Duke Energy's support of our Home Repair Program, Habitat for Humanity of Forsyth County will be able to make much needed repairs and improvements for senior adults who otherwise could not afford to make them. Improvements such as the replacement of aging roofs and HVAC systems, and aging-in-place modifications like walk-in showers and grab bars, make all the difference in whether seniors are able to remain safely and comfortably in their own homes." Jordyn Appel-Hughes, executive director of Feast Down East: "Through our Mobile Farmers' Market program, we see that many of the seniors living in our community across the region struggle to access healthy foods at affordable prices. With the money from the Duke Energy Foundation, we will be able to further support our senior communities through our Senior Mobile Market Voucher Program, which will reduce the cost burden that many seniors face when food shopping." A decade of investment: Connecting customers with resources that help ease financial pressure and improve quality of life has been a longstanding priority for Duke Energy. Since 2016, Duke Energy and its Foundation have invested:

More than $34.6 million to support nonprofit programs that help North Carolinians meet essential needs, including food access, housing stability, health services, transportation, senior support and emergency financial assistance More than $31 million in Share the Light Fund and Share the Warmth agencies, helping customers facing financial hardship pay energy bills and maintain utility service One step further: Financial support is paired with hands-on service. Duke Energy employees are rolling up their sleeves with organizations like Crisis Assistance Ministry and Oak City Cares to help expand the reach and impact of programs that serve their communities.

Since 2016, Duke Energy employees have volunteered more than 37,300 hours in North Carolina with organizations addressing community needs. Tools to manage energy use and pay your way: In addition to financial assistance, Duke Energy offers more than a dozen tools and resources to help customers manage energy use during the summer months when cooling systems work harder, including:

Usage Alerts to track electricity use and cost before the bill arrives Free home energy assessments, where professionals provide an energy efficiency kit, customized energy usage report and expert recommendations to save energy and money Payment plans and due date extensions for customers needing flexibility To learn more about these programs, visit duke-energy.com/SummerSolutions.

How you can help: Join Duke Energy in supporting neighbors in need through Share the Light Fund. Customers can make one-time or recurring donations – including through monthly bill round-up programs – with contributions matched by Duke Energy and the Duke Energy Foundation.

Duke Energy Foundation

The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.  

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 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. 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.

Contact: Madison McDonald
24-Hour: 800.559.3853

SOURCE Duke Energy