Duke Energy Corp.

Duke Energy Corp.

Duke Energy Corp.

Overview
Date Founded

1904

Headquarters

550 South Tryon Street,Suite 180,Charlotte, NC 28202-1803

Type of Company

Public

Employees (Worldwide)

27.5K

Industries

Power & Utilities
Alternative Energy
Appliances & Electronics
Computer Software
Oil & Gas

Company Description

Duke Energy Corp. engages in the distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure; and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations in Duke Energy's regulated electric utilities in the Carolinas, Florida and the Midwest. The Gas Utilities and Infrastructure segment focuses on Piedmont, Duke Energy's natural gas local distribution companies in Ohio and Kentucky, and Duke Energy's natural gas storage and midstream pipeline investments. The Commercial Renewables segment acquires, develops, builds, operates, and owns wind and solar renewable generation throughout the continental United States. The company was founded on April 30, 1904 and is headquartered in Charlotte, NC.

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Executives & Employees

Chair, President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Executive Vice President & Chief Operating Officer

Executive Vice President & Chief Executive Officer, Duke Energy Carolinas

Senior Vice President & Chief Executive Officer, Duke Energy Florida & Midwest

Chief Ethics & Compliance Officer

Vice President & Chief Ethics & Compliance Officer

Senior Vice President & CIO

Chief Information Officer

Chief Diversity & Inclusion Officer

Board of Directors

Former President & Chief Executive Officer at Edison International

Vice Chairman at Indianapolis Convention and Visitors Association Inc.

Former Chief Financial Officer & Senior Vice President at Gilead Sciences, Inc.

Vice Chairman at Charlotte Sports Foundation

President, Chief Executive Officer & Director at Merck & Co., Inc.

Former Chief Financial Officer at E.I. du Pont de Nemours & Co.

Chief Executive Officer & President Schneider Electric North America at Schneider Electric SE

Executive Vice President & Chief Operating Officer at Exelon Generation Co. LLC

Former Executive Vice President-Industry Strategy at Institute of Nuclear Power Operations, Inc.

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Duke Energy Corp.
Owners & Shareholders
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MFS Investment Management employs a variety of methods to evaluate securities, including fundamental analysis and quantitative analysis. The firm offers fundamental, active and research-driven equity strategies that strive for less volatility relative to benchmarks and greater value through changing markets. Fixed income strategy offers total return focused and credit-oriented approach. Multi-Asset strategy is goal-oriented, diversified and disciplined investment approach that combines broad diversification across multiple asset classes, active asset allocation, and bottom-up security selection. MFS' retirement solutions are designed with a goal of maximizing growth and supporting income over a lifetime by focusing on long-term returns. MFS Blended Research is an approach to active equity management that combines the firm’s fundamental research expertise with highly systematic quantitative research.

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Franklin Advisers provides advisory services to a range of products and separate accounts which utilize various investment strategies including: equity, fixed income, core, hybrid, and multi-asset strategies. The accounts advised by the firm accommodate a variety of investment goals and risk tolerance – from capital appreciation (with more growth-oriented strategies) to capital preservation (with fixed income strategies). Each portfolio emphasizes different strategies and invests in different types of securities.

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HOOPP’s Plan is tailored to Ontario’s hospital and community-based healthcare sector and offers their members retirement income for life. They manage all aspects of the pension plan for healthcare workers and also invest member and employer contributions into the HOOPP Fund to ensure that pensions can be paid now and into the future. Their in-house team of investment professionals uses a Liability Driven Investing (LDI) approach, pioneered by the firm, to help keep the Plan fully funded.

Recent Transactions
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GIC Pte Ltd. (United States) purchases Duke Energy Indiana LLC from Duke Energy Corp.

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Duke Energy Corp. issued USD Common Stock

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Manulife Capital (Private Equity) purchases Duke Energy Renewables, Inc. /Solar Wind Plant from Duke Energy Corp.

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onDuke Energy Corp. purchases Progress Energy, Inc.

Legal Advisor

Advised onLS Power Equity Partners LP, LS Power Development LLC purchase Duke Energy Corp. /North Americas Power Generation Assets from Duke Energy Corp.

Investment Advisor

Advised onDuke Energy Corp. purchases Piedmont Natural Gas Co.

Legal Advisor

Advised onDuke Energy Corp. issued USD Common Stock

Legal Advisor

Advised onDuke Energy Corp. issued USD Common Stock

Legal Advisor

Advised onDuke Energy Corp. issued USD Common Stock

Advisors & Consultants
Legal Advisor

Managing Partner at Sidley Austin LLP

Legal Advisor

Partner at Schulte Roth & Zabel LLP

Legal Advisor

Partner at Sidley Austin LLP

Clients

Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.

AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following segments: Communications, WarnerMedia, and Latin America. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S.. The company was founded in 1983 and is headquartered in Dallas, TX.

Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989. Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (now known as Corelle Brands) to Borden, but still holds an interest of about 8 percent.

Key Stats and Financials As of 2020
Market Capitalization
$80.4B
Total Enterprise Value
$135B
Earnings Per Share
$1.72
Revenue
$23.9B
EBITDAMargin
42.87%
Total Equity
$49.2B
EBITDA
$10.2B
Net Profit
$1.38B
Three Year Compounded Annual Growth Rate Of Revenue
0.43%
Enterprise Value / Sales
5.64x
Enterprise Value EBITDAOperating
13x
TEVNet Income
97.71x
Debt TEV
0.48x
Total Debt
$64.3B
Non-Profit Donations & Grants
$100K +
2019
$100K - $250K
2019
Non-Profit Donations & Grants Received
$135
12/31/2015
Political Donations
$1,000
2012
$4,000
2012
$1,000
2012
Investments
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Clean Power Finance, Inc. provides financial services and software to the solar industry and capital markets. It provides solar professionals, including marketers, installers, manufacturers and distributors, with access to a variety of third-party owned, non-exclusive, white-label residential finance products and an easy-to-use solar sales quoting and design tool. The company was founded in 2006 by Adam Marsh and Gary Alan Kremen and is headquartered in San Francisco, CA.

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DukeNet Communications LLC develops and manages fiber optic communications network systems for wireless and wire line telecom companies and ISPs. It provides data and high-capacity bandwidth services, such as point-to-point local, long-haul connectivity, incumbent local exchange carrier, central office access, collocation services to wireless carrier, data center, government and enterprise customers. The company was founded in 1994 and is headquartered in Raleigh, NC.

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PT Holding Co. LLC provides wireless tower services. The company was founded on April 6, 2006 and is headquartered in St. Petersburg, FL.

Suppliers
Goldfield Corp. Holding Companies | Melbourne, FL

Goldfield Corp. engages in the construction of electrical infrastructure for the utility industry and industrial customers. Its activities include construction of transmission lines, concrete foundations, distribution systems, fiber optic splicing, substations and other electrical services. The firm operates through the following segments: Electrical Construction and Real Estate Development. Goldfield Corp was founded by George Wingfield in 1906 and is headquartered in Melbourne, FL.

Hallador Energy Co. Power & Utilities | Denver, CO

Hallador Energy Co. engages in business through its subsidiary, Sunrise Coal, LLC, which produces coal in the Illinois Basin for the electric power generation industry. It also owns summit terminal, a transport facility on the Ohio River. The company was founded by David C. Hardie in 1951 and is headquartered in Terre Haute, IN.

Ambient Corp. Appliances & Electronics | Newton, Massachusetts

Ambient Corp. engaged in the design, development and marketing of smart grid communications technologies, and equipment. The company was founded by Jacob Davidson and Elie C. Wurtman on June 26, 1996 and was headquartered in Newton, MA.

Competitors
American Electric Power Co., Inc. Power & Utilities - Columbus, OH

American Electric Power Co., Inc. engages in the business of generation, transmission and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco and Generation & Marketing. The Vertically Integrated Utilities segment engages in the generation, transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. The Transmission & Distribution Utilities segment engages in the business of transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. The AEP Transmission Holdco segment engages in the development, construction and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation & Marketing segment engages in non-regulated generation and marketing, risk management and retail activities. The company was founded on December 20, 1906 and is headquartered in Columbus, OH.

Xcel Energy, Inc. Power & Utilities - Minneapolis,

Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity. It operates through the following three segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others. The Regulated Electric Utility segment generates, transmits and distributes electricity primarily in portions of generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. It also includes commodity trading operations. The Regulated Natural Gas Utility segment transports, stores, and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado. The All Others segment engages in steam, appliance repair services, nonutility real estate activities, processing solid waste into refuse-derived fuel and investments in rental housing projects that qualify for low-income housing tax credits. The company was founded in 1909 and is headquartered in Minneapolis, MN.

DTE Energy Co. Power & Utilities - Detroit, MICHIGAN

DTE Energy Co. operates as a diversified energy company, which engages in the provision of electricity and natural gas sales, distribution and storage services. It operates through the following segments: Electric, Gas, Non-Utility Operations, and Corporate & Other. The Electric segment engages in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in south-eastern Michigan. The Gas segment engages in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan and the sale of storage and transportation capacity. The Non-Utility Operations segment engages in gas storage and pipelines, power and industrial projects, and energy trading. The Corporate & Other includes various holding company activities, holds certain non-utility debt, and holds energy-related investments. The company was founded in January 1995 and is headquartered in Detroit, MI.

Awards & Honors
Rank #115
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #115
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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