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Duke Energy Corporation (NYSE: DUK)

Duke Energy is based in Charlotte, North Carolina. Its electric utilities serve 8.2 million customers in the south and Midwest, from Florida to Ohio. It also provides natural gas services to 1.6 million clients. The company employs 28,000 people.

Income Investor

The company recently released strong first quarter results. Operating revenue for the three months to March 31 was $7.87 billion, up from $7.28 billion in the same quarter of 2023. Net income applicable to shareholders was $1.1 billion ($1.44 a share) compared with $765 million ($1.01 per share) a year ago. .- Gordon Pape

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DUK was first recommended here on October 16, 2022