DUKE ENERGY (DUK) Stocks
ABOUT DUKE ENERGY
📊 Duke Energy Corporation, an American electric power holding company, was founded in 1904 and has its headquarters in Charlotte, North Carolina, in the United States. The company also has assets in Canada.
📊 The company’s history can be traced back to 1900 to the Catawba Power Company when Dr. Walker Gill Wylie and his brother financed the construction of a hydroelectric power station at India Hook Shoals along the Catawba River near India Hook, South Carolina.
📊 Duke Energy Corporation’s service territory is approximately 104 000 square miles, with 250 200 miles of distribution lines in the U.S. Most of the company’s Midwest power generation comes from coal, natural gas or oil, while 50% of Carolina’s generation comes from its nuclear power plants.
📊 Duke Energy’s subsidiary, Duke Energy Renewable Services (DERS), focuses on the development, ownership and operation of several generation facilities throughout the U.S. This segment operates 1 700 megawatt of generation, and is also involved in wind generation.
📊 Duke Energy Corporation is dedicated to enhancing its customers’ experience, modernizing the energy grid, generating cleaner energy and developing the country’s natural gas infrastructure to create a better energy future for its clientele.
📊 Today, the company employs approximately 30 000 people across its various operations.
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OVERVIEW OF DUKE ENERGY
- Duke Energy Corporation operates through three divisions: Electric Utilities and Infrastructure, Gas Utilities and Infrastructures, and Commercial Renewables. It functions in the U.S through its direct and indirect subsidiaries.
- The company’s subsidiaries comprise Duke Energy Carolinas, LLC (Duke Energy Carolinas), Progress Energy, Inc. (Progress Energy), Duke Energy Progress, LLC (Duke Energy Progress), Duke Energy Florida, LLC, Duke Energy Ohio, Inc., Duke Energy Indiana, LLC, and Piedmont Natural Gas Company, Inc.
- The company’s Electric Utilities and Infrastructure division provides retail electric service through the generation, distribution and sale of electricity to more than 7.5 million customers the Southeast and Midwest regions of the U.S. This segment owns approximately 49,300 megawatts (MW) of generation capacity.
- Gas Utilities and Infrastructure is involved in natural gas operations, mainly through public utilities Piedmont and Duke Energy Ohio. It serves about 1.5 million residential, commercial, industrial and power-generation natural gas customers who purchase the company’s product in North Carolina, South Carolina and Tennessee, and another 529 000 clients in southwestern Ohio and northern Kentucky.
- This segment also owns, operates and invests in a number of pipeline and natural gas storage facilities. Commercial Renewables focuses on the acquiring, development and operation of wind- and solar renewable generation in the U.S. It owns wind and solar generation assets totalling 2,900 MW in 14 states. These comprise 21 wind farms and 63 commercial solar farms. It sells its power through long-term contracts to utilities, municipalities and commercials and
VALUES OF DUKE ENERGY
- Although the company operates in a controversial market, Duke Energy Corporation is steadfast in its mission to create cleaner energy solutions that enhance its customers’ quality of life and add value to its stakeholders.
- The company’s business ethos is founded on a set of key values that defines all of its operations. It regards integrity and openness as paramount, as it fosters a culture of trust among its customer base. The company is accountable for all its actions and continuously strives to be a good environmental steward in all of the regions in which it operates.
- It views its workforce as an investment and the foundation of its success, and offers employees a work environment in which they enjoy inclusion, diversity and access to development opportunities.
MARKET PERFORMANCE OF DUKE ENERGY
- Duke Energy Corporation trades on the New York Stock Exchange (NYSE) under the stock symbol “DUK”.
- The company enjoys a steady performance on the market which affords shareholders the confidence to buy or sell shares in the expectation of good returns and dividends.
- For example, in 2016 it recorded revenue of US$22.74 billion, total equity of US$41.04 billion, and total assets valued at US$132.76 billion.
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LATEST NEWS DUKE ENERGY
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy DUKE ENERGY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN DUKE ENERGY STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE DUKE ENERGY STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of DUKE ENERGY stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy DUKE ENERGY stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?
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