Company Reports

Duke Energy is one of the largest utilities in the United States. It has significant regulatory clarity across its numerous subsidiaries, with the majority of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

Duke Energy reported second-quarter operating earnings per share of $1.43, up from $1.25 in the year-ago quarter, putting the company on track to meet our and management's full-year expectations.

Duke Energy reported first-quarter operating earnings per share of $1.93, up from $1.76 in the same year-ago quarter, putting the company on track to meet our and management's expectations.

Duke Energy's Carolina utilities recently filed their Spring 2026 Large Load Report, highlighting the increasing demand from data centers in Duke Energy's largest and most important service territory.

Duke Energy is one of the largest utilities in the United States. It has significant regulatory clarity across its numerous subsidiaries, with the majority of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

Duke Energy reported full-year 2025 operating earnings per share of $6.31, up from $5.90 in 2024.

Duke Energy is one of the largest regulated utilities in the United States. It has significant regulatory clarity across its numerous subsidiaries, with the majority of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

Duke Energy reported third-quarter operating earnings per share of $1.81, up from $1.60 in the year-ago quarter, putting the company on track to meet our full-year expectations.

Duke Energy is one of the largest regulated utilities in the United States. It has significant regulatory clarity across its numerous subsidiaries, with over 90% of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

Duke Energy reported second-quarter operating earnings per share of $1.25, up from $1.18 in the same year-ago quarter, putting the company on track to meet our and management's full-year expectations.

Duke Energy is one of the largest regulated utilities in the United States. Duke has significant regulatory clarity across its numerous subsidiaries, with over 90% of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

Duke Energy announced the sale of the Piedmont Natural Gas Tennessee local distribution company to Spire for $2.48 billion in cash.

Duke Energy's Carolinas subsidiary filed a rate case with the Public Service Commission of South Carolina requesting a $151 million annual revenue increase.

Duke Energy's first-quarter operating earnings per share of $1.76, up from $1.44 in the same year-ago quarter, is putting the company on track to meet our and management's full-year expectations.

Utilities have limited direct exposure to the tariffs announced by the Trump administration, but falling energy demand or regulatory pushback to utilities' investment plans could slow earnings growth if economic conditions deteriorate.

Duke Energy is one of the largest regulated utilities in the United States. Duke has significant regulatory clarity across its numerous subsidiaries, with over 90% of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

Although US utilities have continued to rally this year and are now 8% overvalued based on our fair value estimates, we still think there are a few utilities with attractive valuations. Our top sector picks are Eversource Energy, Evergy, and Duke Energy.

Duke Energy reported 2024 operating earnings per share of $5.90, up from $5.56 in 2023. This was slightly lower than our estimate and at the low end of management's $5.85-$6.10 guidance range.

Duke Energy is one of the largest regulated utilities in the United States. Duke has significant regulatory clarity across its numerous subsidiaries, with over 90% of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.

We are maintaining our $114 per share fair value estimate for narrow-moat Duke Energy after the company reported third-quarter adjusted earnings of $1.62 per share, down from $1.94 in the same year-ago quarter.