Duke Energy Corporation (Holdin (DUK) Stock Forecasts

Summary

Duke Energy, the largest electric power holding company in the U.S., has a market cap of approximately $79 billion and total plant and equipment assets of more than $174 billion. After the sale of its commercial renewables business in 2023, it has become a fully regulated utility company. It serves approximately 8.2 million electric customers in six states in the Southeast and Midwest and 1.6 million natural gas customers. Duke also has the largest regulated nuclear fleet in the U.S., with six nuclear generators in North and South Carolina. Regulated electric accounted for about 92% of total 2023 revenue. Consolidated generating capacity is about 50,000 megawatts. Duke is focusing expansion on its regulated service territories. It