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Duke Energy Corp DUK Stock Quote

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Morningstar‘s Stock Analysis DUK

Valuation
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Is it the right time to buy or sell?
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Raising U.S. Electricity Demand Growth Outlook, Reaffirming Utilities Fair Value Estimates

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are reaffirming our fair value estimates for U.S. utilities after raising our 10-year annual U.S. electricity demand growth forecast to 1.4%, up from 1.2% in our previous forecast two years ago. We also are reaffirming our economic moat and moat trend ratings for all U.S. utilities.

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Key Statistics DUK

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Company Profile DUK

Business Description

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to nearly 8 million customers. Its natural gas utilities serve more than 1.5 million customers. Duke operates in three major segments: electric utilities and infrastructure; gas utilities and infrastructure; and commercial renewables.

Contact
550 South Tryon Street
Charlotte, NC, 28202-1803
T +1 704 382-3853
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2019
Employees 27,605

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