(DUK) Duke Energy - Ratings and Ratios

Duke Energy Corporation is a comprehensive energy company operating in the United States, with a diverse range of activities that encompass the generation, transmission, distribution, and sale of electricity, as well as the distribution of natural gas. The company's operations are structured into two primary segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I), each focusing on distinct aspects of the energy value chain. The EU&I segment is responsible for the production of electricity from various sources, including coal, hydroelectric, natural gas, oil, solar, wind, and nuclear fuel, thereby ensuring a balanced energy mix. This segment also engages in the wholesale of electricity to a variety of customers, such as municipalities, electric cooperative utilities, and load-serving entities, playing a critical role in the regional energy market.

The EU&I segment's operations are geographically focused on the Carolinas, Florida, and the Midwest, regions with significant energy demand driven by industrial, commercial, and residential sectors. By leveraging a diverse portfolio of energy sources, Duke Energy Corporation is able to mitigate risks associated with fuel price volatility and ensure a reliable supply of electricity to its customers. Furthermore, the company's commitment to renewable energy sources, such as solar and wind power, underscores its strategy to reduce its environmental footprint and comply with evolving regulatory requirements aimed at promoting sustainable energy practices.

In contrast, the Gas Utilities and Infrastructure (GU&I) segment is dedicated to the distribution of natural gas to a broad customer base, encompassing residential, commercial, industrial, and power generation sectors. This segment also invests in strategic projects, including pipeline transmission initiatives, renewable natural gas ventures, and natural gas storage facilities, aimed at enhancing the efficiency, reliability, and sustainability of its gas distribution network. By diversifying its investments across the gas value chain, Duke Energy Corporation seeks to capitalize on emerging opportunities in the natural gas sector, driven by trends such as the increasing demand for cleaner-burning fuels and the need for enhanced energy infrastructure.

With a history dating back to 1904, Duke Energy Corporation has evolved significantly over the years, adapting to changes in the energy landscape and regulatory environment. The company's name change from Duke Energy Holding Corp. to Duke Energy Corporation in April 2006 reflects its transformation into a more integrated and streamlined energy entity. Headquartered in Charlotte, North Carolina, Duke Energy Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol DUK and is classified under the GICS Sub Industry category of Electric Utilities, with its common stock traded under the ISIN code US26441C2044. Additional information about the company can be found on its website at https://www.duke-energy.com.