Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.
Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve approximately 7.7 million retail electric customers in six states - North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to more than 1.6 million customers in five states - North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.
Duke Energy was named to Fortune's 2020 'World's Most Admired Companies' list, and Forbes' 2019 'America's Best Employers' list.
Company profile
Ticker
DUK, DUK-PA, DUKB
Exchange
Website
CEO
Lynn Good
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Deer Holding Corp., Duke Energy Holding Corp.
SEC CIK
Corporate docs
Subsidiaries
2018 ESA Project Company, LLC • 226HC 8me LLC • Advance SC LLC • Baker House Apartments LLC • Bethel Price Solar, LLC • Bison Insurance Company Limited • Black Mountain Solar, LLC • Blue Rose Wind Holdings, LLC • Blue Rose Wind, LLC • Broad River Solar, LLC ...
IRS number
202777218
DUK stock data
Analyst ratings and price targets
Latest filings (excl ownership)
424B3
Prospectus supplement
15 May 23
8-K
Departure of Directors or Certain Officers
9 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Duke Energy reports first-quarter 2023 financial results
8 May 23
424B3
Prospectus supplement
8 May 23
S-8
Registration of securities for employees
5 May 23
8-K
Regulation FD Disclosure
28 Apr 23
424B3
Prospectus supplement
10 Apr 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
6 Apr 23
8-K
Duke Energy prices offering of $1.5 billion of 4.125% convertible senior notes due 2026
4 Apr 23
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 624.00 mm | 624.00 mm | 624.00 mm | 624.00 mm | 624.00 mm | 624.00 mm |
| Cash burn (monthly) | (no burn) | 33.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 73.66 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 550.34 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 16.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2022
47.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 550 |
| Opened positions | 75 |
| Closed positions | 79 |
| Increased positions | 197 |
| Reduced positions | 188 |
| 13F shares | Current |
|---|---|
| Total value | 20.00 bn |
| Total shares | 363.87 mm |
| Total puts | 19.20 k |
| Total calls | 70.40 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 62.60 mm | $3.44 bn |
| CNS Cohen & Steers | 46.85 mm | $2.57 bn |
| BLK Blackrock | 37.24 mm | $2.05 bn |
| STT State Street | 25.49 mm | $1.40 bn |
| FMR | 11.34 mm | $623.02 mm |
| DSECF Daiwa Securities | 10.58 mm | $581.30 mm |
| Geode Capital Management | 8.42 mm | $461.85 mm |
| JPM JPMorgan Chase & Co. | 7.68 mm | $422.13 mm |
| IVZ Invesco | 7.48 mm | $410.81 mm |
| Dimensional Fund Advisors | 6.45 mm | $354.41 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 May 23 | Ronald R Reising | Common Stock | Payment of exercise | Dispose F | No | No | 91.97 | 158 | 14.53 k | 9,376 |
| 5 May 23 | Louis E. Renjel | Common Stock | Payment of exercise | Dispose F | No | No | 99.36 | 100 | 9.94 k | 13,523 |
| 5 May 23 | Robert Alexander Glenn | Common Stock | Payment of exercise | Dispose F | No | No | 99.36 | 86 | 8.54 k | 15,680 |
| 4 May 23 | Craver Theodore F JR | Common Stock | Grant | Acquire A | No | No | 98.11 | 1,783.712 | 175.00 k | 1,784 |
| 4 May 23 | Michael J. Pacilio | RSU Common Stock | Grant | Acquire A | No | No | 98.11 | 1,783.712 | 175.00 k | 3,374 |
News
Morgan Stanley Maintains Equal-Weight on Duke Energy, Lowers Price Target to $104
22 May 23
How Is The Market Feeling About Duke Energy?
18 May 23
Duke Energy Posts Mixed Q1 Earnings, Unfavorable Weather & Lower Volumes Curb Performance
9 May 23
Duke Energy Reaffirms FY23 Adj. EPS Outlook $5.55 - $5.75 Vs. $5.63 Estimate
9 May 23
Duke Energy Q1 Adj. EPS $1.20 Misses $1.26 Estimate, Sales $7.28B Beat $6.56B Estimate
9 May 23
Press releases
Duke Energy supports first responders with $500,000 in grants for emergency preparedness in South Carolina
1 Jun 23
Duke Energy urges customers to plan for 2023 hurricane season
30 May 23
Duke Energy's grid improvements avoid outages, speed restoration for Florida customers ahead of hurricane season
26 May 23
Feasibility study: Advanced nuclear technology is a potential option to achieve zero carbon emissions for Purdue University
10 May 23
Duke Energy reports first-quarter 2023 financial results
9 May 23