DUK Stock Recent News

Agreement supports company's efforts to increase system diversity, reliability and enhance the customer experience GREENVILLE, S.C. , May 17, 2024 /PRNewswire/ -- Duke Energy Carolinas has reached a settlement agreement with almost all parties, including certain consumer, environmental and industrial groups in South Carolina, for its rate review request filed in January of this year – the first such request by the company since 2018.

Duke: Valuation Gets Lofty For Quality Utility

Duke Energy is pursuing electricity supply contract terms with data centers that include take-or-pay and up-front infrastructure build out payments to guard against volatility in the energy-intensive computing industry, its chief financial officer told Reuters on Tuesday.

Duke Energy's (DUK) first-quarter revenues lag estimates. The company's 2024 EPS outlook remains unchanged.

Duke Energy (DUK) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.20 per share a year ago.

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.

Duke Energy's (DUK) Q1 results are likely to reflect the benefits of strong customer growth and rate-based growth amid higher interest expenses.

Duke Energy (DUK) closed the most recent trading day at $98.73, moving +1.04% from the previous trading session.

In practically any market environment, utility stocks make sense. As I've said countless times before, bad things happen when people flip the switch and light fails to emerge.

One standout player in the exchange-traded funds (ETFs) world has been making waves for its recent relative strength: the Utilities Select Sector SPDR Fund NYSE: XLU. It's been holding its ground well this year, clocking in gains of almost 5% so far.