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Is Trending Stock Duke Energy Corporation (DUK) a Buy Now?
ZACKS· 2024-06-05 22:01
Duke Energy (DUK) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this electric utility have returned +2.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Utility - Electric Power industry, to which Duke Energy belongs, has gained 2.6% over this period. Now the key question is: Where could the stock be headed in the near term? Although media ...
Duke Energy strengthens the grid, increases resiliency ahead of the 2024 hurricane season
Prnewswire· 2024-06-05 20:30
ST. PETERSBURG, Fla., June 5, 2024 /PRNewswire/ -- Resiliency is the ability to recover quickly from a disruption, and Duke Energy Florida has been preparing ahead of the start of hurricane season to respond quickly and restore power faster when the next storm strikes. The National Oceanic and Atmospheric Administration predicts an above-normal hurricane season with 17 to 25 named storms this season, including 8 to 13 hurricanes, and 4 to 7 of those becoming major hurricanes. This year's forecast predicts a ...
Duke Energy Foundation to award $700,000 in natural disaster preparedness grants to North Carolina nonprofits: application now open
Prnewswire· 2024-06-04 22:55
Eligible nonprofits may apply for a $25,000 grant now through July 12 CHARLOTTE, N.C., June 4, 2024 /PRNewswire/ -- The Duke Energy Foundation is accepting grant applications to award $700,000 in total funding to help North Carolina communities increase their resiliency against major weather events and other natural disasters. The application process is open now through July 12. "We're proud to partner with emergency management teams, first responders and nonprofits to strengthen local communities in a way ...
Duke Energy Florida and Florida Council on Aging announce $70,000 storm recovery donation for Jefferson Senior Citizens Center
Prnewswire· 2024-06-04 20:30
Storm damage forced senior center to close, displacing clients who rely on critical services ST. PETERSBURG, Fla., June 4, 2024 /PRNewswire/ -- Duke Energy Florida, in collaboration with the Florida Council on Aging, today announced a $70,000 donation to the Jefferson Senior Citizens Center in Monticello, Fla. After severe storms blew through north Florida this spring, the facility sustained severe damage, displacing seniors who rely on its critical services. "During a heavy rain on April 10, water came fro ...
Duke Energy supports first responders with $500,000 in grants for emergency preparedness in South Carolina
Prnewswire· 2024-06-03 22:31
Funding will support 33 nonprofits and government agencies Grants will pay for training, life-saving equipment and new technology to aid in disaster planning and recovery operations GREENVILLE, S.C., June 3, 2024 /PRNewswire/ -- As hurricane season begins, emergency managers and first responders turn their eyes to the tropics as they continue to prepare their communities for the possibility of impacts from severe weather. Duke Energy is preparing as well and stands in support of these communities across Sou ...
Duke Energy: AI Upside In A Solid Utility
Seeking Alpha· 2024-05-31 08:53
pidjoe Duke Energy (NYSE:DUK) has recently signed deals with some of the world's largest tech giants. After Goldman Sachs projected a huge demand for electricity due to artificial intelligence, Duke can see its outlook supercharged. Duke Energy signs clean energy deals with tech giants Seeking Alpha reported Wednesday that Duke Energy had signed agreements with Amazon (AMZN), Google (GOOG), and Microsoft (MSFT) to develop new power contract terms for carbon-free energy generation investments in North Caroli ...
Responding to growing demand, Duke Energy, Amazon, Google, Microsoft and Nucor execute agreements to accelerate clean energy options
Prnewswire· 2024-05-29 23:00
CHARLOTTE, N.C., May 29, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK), Amazon, Google, Microsoft and Nucor today announced agreements to explore new and innovative approaches to support carbon-free energy generation and help utilities serve the future energy needs of large businesses in North Carolina and South Carolina. The announcement was made at the White House Summit on Domestic Nuclear Deployment. In memorandums of understanding (MOUs) signed this month, the companies proposed developing new rate stru ...
Is Most-Watched Stock Duke Energy Corporation (DUK) Worth Betting on Now?
zacks.com· 2024-05-23 22:02
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of it ...
Majority of parties reach proposed agreement in Duke Energy Carolinas rate review request in South Carolina
prnewswire.com· 2024-05-17 22:14
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. If the agreement is approved by the Public Service Commission of South Caro ...
Duke Energy funds $100,000 in upgrades to the American Red Cross Emergency app, helping increase accessibility among diverse audiences
Prnewswire· 2024-05-14 23:15
文章核心观点 - 该公司推出了全新升级的应急app,旨在帮助不同语言、地理位置和能力的用户获取关键的防灾信息和工具 [1][2][3] - 该app免费提供英语和西语版本,内容易读易懂,并增加了互动游戏等功能 [3] - 该公司将为每次app下载向红十字会捐赠1美元,最高20,000美元,以支持红十字会的灾害准备和救援工作 [4] 公司概况 - 该公司是美国最大的能源控股公司之一,在北卡罗来纳、南卡罗来纳、佛罗里达、印第安纳、俄亥俄和肯塔基州为8.4百万客户提供电力服务 [7] - 该公司的天然气业务为170万客户提供服务 [7] - 该公司正在积极推进清洁能源转型,到2030年实现天然气业务的甲烷零排放,到2050年实现电力业务的碳中和 [8] 公司慈善活动 - 过去8年,该公司及其基金会向美国红十字会捐赠近2.7百万美元,用于支持灾害救援 [4] - 该公司基金会每年向公司运营所在社区提供超过3,000万美元的慈善捐赠 [6]