Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in Ohio and Kentucky; and transports and sells natural gas in Southwestern Ohio and Northern Kentucky. This segment owns approximately 50,000 megawatts of generation capacity; and uses coal, oil, hydroelectric, natural gas, and nuclear fuel to generate electricity. It serves approximately 7.2 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States with a service area covering approximately 104,000 square miles; approximately 500,000 retail natural gas customers in southwestern Ohio and northern Kentucky. This segment is also involved in the wholesale of electricity to incorporated municipalities, electric cooperative utilities, and other load-serving entities. The International Energy segment operates and manages power generation facilities; and markets and sells electric power, natural gas, and natural gas liquids. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial and commercial companies. The Commercial Power segment owns, operates, and manages power plants, as well as is involved in the wholesale marketing and procurement of electric power, fuel, and emission allowances related to plants. It also retails electricity; and operates and develops transmission projects. This segment generates electricity through coal, natural gas, and renewable energy sources. Duke Energy Corporation was founded in 1916 and is headquartered in Charlotte, North Carolina.
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Duke Energy Progress to purchase NCEMPA generation assets28 Jul 2014, 7:00 amRALEIGH, N.C., July 28, 2014 /PRNewswire/ -- Duke Energy Progress and the North Carolina Eastern Municipal Power Agency (NCEMPA) announced today that both companies' boards of directors have approved an ...
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Duke Energy launches mobile app for investors22 Jul 2014, 8:41 amCHARLOTTE, N.C., July 22, 2014 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced the release of an investor app for iPhone, iPad and Android mobile devices. The app is free and available in Apple's ...
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Daily Dividend Report: DUK, WSO, RPM, AFG, EME1 Jul 2014, 2:43 pmDuke Energy declared a quarterly cash dividend on its common stock of $0.795 per share, an increase of $0.015 per share or about 2 percent. The dividend is payable on Sept. 16, 2014, to shareholders of record at the close of business Aug. 15, 2014.
How Will Duke Energy (DUK) Stock Respond To Dividend Increase?1 Jul 2014, 8:33 amNEW YORK (TheStreet) -- Shares of Duke Energy Corp. are down -0.75% to $73.63 after the company today declared a quarterly cash dividend on its common stock of 79.5 cents per share, an increase of 1.5 cents per share or about 2%. This increase is the same as in 2013, the first full year of Duke Energy's merger with Progress Energy. Must Read: Warren Buffett's 25 Favorite Growth Stocks STOCKS TO ...