Live nieuws • May 23
Duke Energy Gains Attention on Data Center Demand and Federal Loan Pursuits Duke Energy was added to Goldman Sachs’ U.S. Conviction List with a Buy rating, citing regulatory progress and partnerships that expand generation capacity.
The company has signed electric service agreements covering 7.6 gigawatts of new data center demand since 2024, tying its growth more closely to power needs from data centers and industrial customers.
Duke Energy has applied for Department of Energy loans to help fund grid and capacity investments, with the goal of potentially lowering financing costs for customers.
This combination of rising contracted demand from data centers and access to federal loan programs points to a larger capital investment cycle focused on grid and generation buildout.
Investors may want to watch how regulators treat cost recovery for these projects and whether data center customers remain committed to long-duration power agreements. Recent Insider Transactions • May 13
President recently sold US$2.5m worth of stock On the 8th of May, Harry Sideris sold around 20k shares on-market at roughly US$124 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Harry's only on-market trade for the last 12 months. Declared Dividend • May 11
First quarter dividend of US$1.07 announced Shareholders will receive a dividend of US$1.07. Ex-date: 15th May 2026 Payment date: 16th June 2026 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 09
Duke Energy Corporation announces Quarterly dividend, payable on June 16, 2026 Duke Energy Corporation announced Quarterly dividend of USD 1.0650 per share payable on June 16, 2026, ex-date on May 15, 2026 and record date on May 15, 2026. Reported Earnings • May 06
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$1.96 (up from US$1.76 in 1Q 2025). Revenue: US$9.18b (up 11% from 1Q 2025). Net income: US$1.52b (up 12% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Aankondiging • Apr 08
Duke Energy Corporation to Report Q1, 2026 Results on May 05, 2026 Duke Energy Corporation announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 05, 2026 Aankondiging • Mar 27
Duke Energy Announces Approval for New Natural Gas Generation Facility in Anderson County Duke Energy received approval from the Public Service Commission of South Carolina to construct new natural gas generation in Anderson County, a project that will help support the energy needs of a growing region while significantly contributing to the community's economic success in the years ahead. The approval comes after a thorough and very public process that included a public hearing in Anderson before the PSCSC. In addition, Duke Energy invited members of the community to participate in two open house events where company experts shared details of the project, answered questions and collected feedback. Why it matters:South Carolina is one of the fastest growing states in the nation. As populations grow and businesses relocate to or expand in the state, new and diverse sources of energy are needed to power that growth. That's why state leaders enacted the Energy Security Act in 2025, to provide a comprehensive path forward for energy policy that will guide South Carolina's continued success for many years to come. Committing to building this modern energy facility in Anderson County is a critical piece of that strong energy future for the region. According to a survey by Ernst & Young, the project is expected to support more than 2,200 jobs annually during the multi-year construction period, with 746 construction jobs located in Anderson County. Once operational, the facility is projected to have an annual $84 million impact statewide, supporting 125 jobs and $10 million in annual labor income. The project will be one of the most efficient natural gas plants on Duke Energy's system and will include environmental control technologies to minimize plant emissions. The facility will use 90% less water than traditional wet cooling technology, will not have a vapor plume, will eliminate the need to treat water chemically, and will have a longer life span than prior natural gas technology. Central Electric Power Cooperative and North Carolina Electric Membership Corporation will own 95 megawatts (MW) and 100 MW, respectively, of the combined cycle's approximate 1,365 MW nominal capacity. Construction is anticipated to begin in summer 2027 and the facility would serve customers by early 2031. Aankondiging • Mar 09
Duke Energy Corporation, Annual General Meeting, May 07, 2026 Duke Energy Corporation, Annual General Meeting, May 07, 2026. Aankondiging • Mar 07
Duke Energy Corporation has filed a Follow-on Equity Offering in the amount of $6 billion. Duke Energy Corporation has filed a Follow-on Equity Offering in the amount of $6 billion.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Recent Insider Transactions Derivative • Mar 03
Executive VP notifies of intention to sell stock Kodwo Ghartey-Tagoe intends to sell 18k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of March. If the sale is conducted around the recent share price of US$132, it would amount to US$2.4m. Since March 2025, Kodwo's direct individual holding has increased from 35.54k shares to 54.04k. Company insiders have collectively sold US$5.6m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 25
Executive VP & CFO recently sold US$1.5m worth of stock On the 23rd of February, Brian Savoy sold around 12k shares on-market at roughly US$128 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brian's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Feb 24
Executive VP & CFO notifies of intention to sell stock Brian Savoy intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of February. If the sale is conducted around the recent share price of US$127, it would amount to US$1.5m. Since March 2025, Brian's direct individual holding has increased from 41.70k shares to 69.21k. Company insiders have collectively sold US$5.7m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Feb 10
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: US$6.32 (up from US$5.69 in FY 2024). Revenue: US$32.2b (up 7.7% from FY 2024). Net income: US$4.91b (up 12% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Upcoming Dividend • Feb 06
Upcoming dividend of US$1.07 per share Eligible shareholders must have bought the stock before 13 February 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of American dividend payers (4.1%). Higher than average of industry peers (2.8%). Declared Dividend • Jan 09
Third quarter dividend of US$1.07 announced Shareholders will receive a dividend of US$1.07. Ex-date: 13th February 2026 Payment date: 16th March 2026 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 08
Duke Energy Corporation to Report Q4, 2025 Results on Feb 10, 2026 Duke Energy Corporation announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 10, 2026 Aankondiging • Jan 07
Duke Energy Declares A Quarterly Cash Dividend, Payable on March 16, 2026 Duke Energy declared a quarterly cash dividend on its common stock of $1.065 per share. This dividend is payable on March 16, 2026, to shareholders of record at the close of business on February 13, 2026. Aankondiging • Dec 12
Duke Energy Corporation Announces Executive Changes Duke Energy announced Cindy Lee, senior vice president, chief accounting officer and controller, will retire following 24 distinguished years with the company. Lee will step down from the role on March 1, 2026, and transition into a strategic advisor role until her retirement on December 31. Abby Motsinger, currently vice president, investor relations, will succeed Lee as senior vice president, chief accounting officer and controller, effective March 1. As Duke Energy invests in the industry's largest regulated capital plan to meet unprecedented demand across its territories while maintaining exceptional reliability at a reasonable price, the company announced several further leadership appointments within its Finance organization to continue to drive value for customers, stakeholders and shareholders. New Leadership Appointments – Effective January 1, 2026: Mike Callahanwill assume the role of senior vice president, financial planning & analysis. Callahan is currently senior vice president, treasurer. Before assuming his current position in November 2024, Callahan, who has been at the company for more than 20 years, served in various roles, including South Carolina state president, vice president of investor relations and director of regulated utilities forecasting. Nick Giaimowill become senior vice president, treasurer and chief risk officer. Giaimo is currently senior vice president, financial planning & analysis. Before assuming his current role in May 2021, Giaimo served in numerous roles in financial planning & analysis and as director of investor relations and assistant treasurer for Piedmont Natural Gas. New Leadership Appointments – Effective March 1, 2026: Mike Switzerwill succeed Motsinger as vice president, investor relations and retain his current leadership of the corporate development organization. Previously, he also served in several corporate development roles, as well as director of investor relations, over his 18-year tenure with the company. Motsinger, Callahan, Giaimo and Switzer will continue to report to Savoy. Recent Insider Transactions • Nov 21
Executive VP & Chief Legal Officer recently sold US$1.0m worth of stock On the 19th of November, Alexander Glenn sold around 8k shares on-market at roughly US$124 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.4m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 20
Executive VP & Chief Legal Officer notifies of intention to sell stock Alexander Glenn intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of November. If the sale is conducted around the recent share price of US$124, it would amount to US$1.0m. Since March 2025, Alexander's direct individual holding has increased from 24.70k shares to 24.97k. Company insiders have collectively sold US$4.4m more than they bought, via options and on-market transactions in the last 12 months. Aankondiging • Nov 20
Duke Energy Corporation Announces Executive Changes Duke Energy Corporation announced that Katie Aittola will become senior vice president, supply chain and real estate, and chief procurement officer, effective Jan. 1. She succeeds Dwight Jacobs, who has announced his intention to retire at the end of the year after 23 years of service. Aittola will lead sourcing and supply chain functions for the enterprise. She will also oversee the company's real estate function, responsible for strategic planning, transactions and facilities management in support of energy delivery across Duke Energy's service territory. Under Jacobs, Duke Energy's supply chain operations have been recognized as industry leading as the team has navigated a dynamic and unprecedented operating environment. Aittola currently serves as senior vice president, enterprise strategy and insurance, and chief risk officer. Since assuming the combined roles of risk and strategy, she has led transformative initiatives that have reshaped her organization's risk posture and strategic direction. She joined Duke Energy in 2009 and has served in various roles in the finance organization, including corporate development and financial planning and analysis. She also previously led risk, governance and business support functions within the company's supply chain function. Aittola lives in Davidson, N.C., with her husband, Henrik, and two daughters. As she lives out Duke Energy's value of service, Aittola is a volunteer with Scouting America and a member of the YMCA of Greater Charlotte board. Reported Earnings • Nov 09
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$1.81 (up from US$1.57 in 3Q 2024). Revenue: US$8.54b (up 4.8% from 3Q 2024). Net income: US$1.41b (up 16% from 3Q 2024). Profit margin: 17% (up from 15% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Upcoming Dividend • Nov 07
Upcoming dividend of US$1.07 per share Eligible shareholders must have bought the stock before 14 November 2025. Payment date: 16 December 2025. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.7%). Aankondiging • Oct 15
Duke Energy Declares Quarterly Cash Dividend, Payable on December 16, 2025 Duke Energy Corporation declared a quarterly cash dividend on its common stock of $1.065 per share. This dividend is payable on December 16, 2025, to shareholders of record at the close of business on November 14, 2025. Aankondiging • Oct 07
Duke Energy Corporation to Report Q3, 2025 Results on Nov 07, 2025 Duke Energy Corporation announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 07, 2025 Aankondiging • Sep 25
Duke Energy Selects Three Properties in Southwest Ohio and Kentucky for Inclusion in Its 2025 Site Readiness Program Duke Energy selected three properties in Southwest Ohio and Northern Kentucky for inclusion in its 2025 Site Readiness Program, which prepares high-potential business and industrial sites for economic development investments and markets them nationwide to companies looking to start, expand or relocate their operations. Bringing investment and jobs to Ohio and Kentucky: Since 2010, Duke Energy's Site Readiness Program has evaluated 42 sites in Ohio and Kentucky. Twenty companies have selected and committed to growing on sites that have been through the program. Those companies are bringing over $2 billion capital investments and 5,400 new jobs for Ohio and Kentucky. Examples of companies include Coca-Cola, Carvana, Shape Corp. and Niagara Bottling. Aankondiging • Sep 12
Duke Energy Board Appoints Jeffrey Guldner as Board Member, A Member of the Compensation and People Development Committee and Finance and Risk Management Committe, Effective September 15, 2025 Duke Energy's board of directors announced the appointment of Jeffrey Guldner as a new board member, effective September 15, 2025. Guldner has also been appointed to be a member of the Compensation and People Development Committee and Finance and Risk Management Committee. Guldner retired as chairman of the board, president and CEO of Pinnacle West Capital Corporation and its primary subsidiary, APS, on March 31, 2025, after five years of leading the company. He remains employed by Pinnacle West in a non-executive advisory capacity and will continue to serve in that role until March 2026. During Jeff's tenure as CEO, Arizona experienced unprecedented economic growth. Combining a clear vision with strong leadership, Jeff helped APS meet record energy demands while maintaining the affordability and reliability APS customers have depended on over its century of service. Above all, Jeff demonstrated an unwavering commitment to ensuring every customer and employee was treated with profound respect. He serves on the board of directors of the Smart Electric Power Alliance and the McCain Institute. Prior to his career at APS, Guldner was a partner in the Phoenix office of Snell & Wilmer LLP, where he practiced public utility, telecommunications and energy law. Guldner also served as a surface warfare officer in the United States Navy and was an assistant professor of naval science at the University of Washington. He earned a Bachelor of Arts degree from the University of Iowa and graduated magna cum laude from the Arizona State University College of Law. Aankondiging • Aug 16
Duke Energy Seeks to Extend Operations for Another 50 Years At Bad Creek, Supporting Unprecedented Growth in the Carolinas Duke Energy has announced its submission of the final license application to the Federal Energy Regulatory Commission (FERC) for the Bad Creek Pumped Storage Hydroelectric Station, located near Salem, S.C. The application, if approved, would extend the plant's operations for an additional 50 years. A flexible, dynamic, efficient and emission-free way to store and deliver large quantities of energy, pumped storage hydro plants store and generate energy by moving water between two reservoirs at different elevations. Located in Oconee County, S.C., Bad Creek is designed to produce significant amounts of energy when customers need it most, performing a vital role as the largest "battery" on the company's system since 1991.Duke Energy recently completed upgrades to the four units at the Bad Creek pumped storage facility in Salem, S.C. The upgrades add a total of 320 megawatts of carbon-free energy to the company's system, increasing the total capacity of the station to 1,680 megawatts. This commitment to relicense the Bad Creek facility reflects the investments the company is making to maintain and enhance generating fleet and serve a growing customer base. Next steps: The current operating license for the project expires in July 2027 and Duke Energy consulted with more than 70 stakeholders to propose a new license that would run for another 50 years. Duke Energy expects a decision on operating license application from FERC in 2027, before the original license expires. Upcoming Dividend • Aug 08
Upcoming dividend of US$1.07 per share Eligible shareholders must have bought the stock before 15 August 2025. Payment date: 16 September 2025. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.8%). Aankondiging • Aug 07
Brookfield Super-Core Infrastructure Partners L.P., managed by Brookfield Corporation (TSX:BN) entered into a definitive agreement to acquire 19.70% stake in Duke Energy Florida, LLC from Duke Energy Corporation (NYSE:DUK) for $6 billion. Brookfield Super-Core Infrastructure Partners L.P., managed by Brookfield Corporation (TSX:BN) entered into a definitive agreement to acquire 19.70% stake in Duke Energy Florida, LLC from Duke Energy Corporation (NYSE:DUK) for $6 billion on August 4, 2025. Duke Energy will retain an 80.3% interest in the business and will continue to operate Duke Energy Florida with its best-in-class workforce.
The transaction is subject to customary closing conditions, including regulatory approval from the Federal Energy Regulatory Commission and completion of review by the Committee on Foreign Investment in the United States as well as approval, or a determination that the transaction does not require approval, by the Nuclear Regulatory Commission.
Brookfield will acquire its equity interest in Duke Energy Florida in phases, with Florida Progress receiving $2.8 billion at the first closing expected to occur in early 2026 and another $200 million by the end of 2026. An additional $2 billion will be received in 2027 and the remaining $1 billion will be received in June 30, 2028. Brookfield has the option to fund the total $6 billion investment sooner.
$2 billion of the proceeds from the transaction will fund Duke Energy's increased $87 billion, five-year capital plan and $4 billion will be used to displace holding company debt.
J.P. Morgan Securities LLC acted as financial advisor for Duke Energy Corporation. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for Duke Energy Corporation. RBC Capital Markets, LLC acted as financial advisor for Brookfield Corporation. Kirkland & Ellis LLP acted as legal advisor for Brookfield Corporation. Reported Earnings • Aug 05
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: US$1.25 (up from US$1.14 in 2Q 2024). Revenue: US$7.51b (up 4.7% from 2Q 2024). Net income: US$972.0m (up 10% from 2Q 2024). Profit margin: 13% (in line with 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Declared Dividend • Jul 18
First quarter dividend increased to US$1.07 Dividend of US$1.07 is 1.9% higher than last year. Ex-date: 15th August 2025 Payment date: 16th September 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 16
Duke Energy Declares Quarterly Cash Dividend, Payable on September 16, 2025 Duke Energy declared a quarterly cash dividend on its common stock of $1.065 per share, an increase of $0.02. This dividend is payable on September 16, 2025, to shareholders of record at the close of business on August 15, 2025. Aankondiging • Jul 08
Duke Energy Corporation to Report Q2, 2025 Results on Aug 05, 2025 Duke Energy Corporation announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 05, 2025 Reported Earnings • May 07
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$1.76 (up from US$1.44 in 1Q 2024). Revenue: US$8.25b (up 7.5% from 1Q 2024). Net income: US$1.37b (up 23% from 1Q 2024). Profit margin: 17% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Declared Dividend • May 05
Fourth quarter dividend of US$1.05 announced Shareholders will receive a dividend of US$1.05. Ex-date: 16th May 2025 Payment date: 16th June 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 67x free cash flows). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 01
The U.S. Nuclear Regulatory Commission Renews the Operating Licenses for Duke Energy's Oconee Nuclear Station for an Additional 20 Years The U.S. Nuclear Regulatory Commission renewed the operating licenses for Duke Energy's Oconee Nuclear Station for an additional 20 years. The approval of its subsequent, or second, renewed licenses enables Oconee, located in Seneca, S.C., to operate through 2053 and 2054, supporting the company's "all of the above" strategy to deliver a path to cleaner energy while protecting reliability and affordability for customers as regional electricity demand continues to grow. Nuclear generation is a vital part of Duke Energy's generation portfolio and is the only clean energy source that is always on and available 24 hours a day. Maintaining safe and reliable operations is Duke Energy's primary focus, and the company invests heavily in maintenance and upgrades at its nuclear facilities to ensure they can operate through midcentury. At Oconee, the company has replaced its reactor vessel heads, steam generators, turbines, transformers, pumps, valves and other equipment to support longevity. In 2024, Oconee added a combined 45 megawatts by implementing power uprate improvement projects on all three units. Nuclear energy has safely and reliably provided electricity to Duke Energy's Carolinas customers for more than 50 years. In 2024, its six plants provided more than 50% of Carolinas customers' electricity and more than 96% of the company's clean energy. Duke Energy's nuclear sites benefit customers and communities by reliably generating large amounts of electricity with low operating costs, while also providing thousands of well-paying jobs and producing economic and tax benefits for local communities. The federal nuclear production tax credit incentivizes the existing plants, like Oconee, to operate as cost-efficiently as possible, further lowering the cost of nuclear energy for the customers. Nuclear energy has and will continue to play an essential role in meeting Duke Energy's customers' rapidly growing and evolving energy demands. The company's expertise in and commitment to the continued safe and reliable operation of its existing nuclear plants are foundational to Duke Energy's energy transition. Aankondiging • Mar 18
Duke Energy Corporation, Annual General Meeting, May 01, 2025 Duke Energy Corporation, Annual General Meeting, May 01, 2025. Recent Insider Transactions • Mar 02
Insider recently sold US$1.2m worth of stock On the 26th of February, Julia Janson sold around 10k shares on-market at roughly US$116 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.8m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Feb 27
Insider notifies of intention to sell stock Julia Janson intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of February. If the sale is conducted around the recent share price of US$116, it would amount to US$1.2m. Since March 2024, Julia's direct individual holding has decreased from 63.50k shares to 57.60k. Company insiders have collectively sold US$4.6m more than they bought, via options and on-market transactions in the last 12 months. Aankondiging • Feb 19
Duke Energy Announces Executive Changes Duke Energy announced it has appointed Katherine Neebe, senior vice president and chief sustainability officer, as chief communications officer (CCO), effective February 24, 2025. Neebe succeeds Oscar Suris, senior vice president and CCO, who will become a senior advisor. Duke Energy also announced Amy Strecker will lead Neebe's former organization in the interim, in addition to her current role as Duke Energy Foundation president. Neebe is senior vice president and chief communications officer at Duke Energy. She is a recognized leader at the nexus of corporate strategy, stakeholder engagement and global responsibility with a proven track record of aligning programs to deliver business growth and address societal challenges. With leadership initiatives at Fortune 100+ companies – including Duke Energy and Walmart as well as the World Wildlife Fund – she has consistently driven enterprise-defining programs that resonate with a wide array of stakeholders. Previously, Neebe served as senior vice president and chief sustainability officer at Duke Energy, where she directed enterprisewide sustainability and policy initiatives while overseeing the Duke Energy Foundation's more than $30 million annual philanthropic investments. In this capacity, she led Duke Energy's strategic engagement efforts to develop solutions to meet customer needs for continued reliable and affordable energy – while balancing environmental and social outcomes. A North Carolina native, Neebe is a First Movers fellow through the Aspen Institute, received her Master of Business Administration from the Darden School of Business at the University of Virginia and holds a Bachelor of Arts in English from Colorado College. Reported Earnings • Feb 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$5.69 (up from US$5.43 in FY 2023). Revenue: US$30.4b (up 6.1% from FY 2023). Net income: US$4.39b (up 5.0% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Upcoming Dividend • Feb 07
Upcoming dividend of US$1.05 per share Eligible shareholders must have bought the stock before 14 February 2025. Payment date: 17 March 2025. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.0%). Declared Dividend • Jan 13
Third quarter dividend of US$1.05 announced Shareholders will receive a dividend of US$1.05. Ex-date: 14th February 2025 Payment date: 17th March 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 10
Duke Energy Corporation Declares Quarterly Cash Dividend, Payable on March 17, 2025 Duke Energy declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on March 17, 2025, to shareholders of record at the close of business on February 14, 2025. Reported Earnings • Nov 08
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: US$1.56 (down from US$1.78 in 3Q 2023). Revenue: US$8.15b (up 2.0% from 3Q 2023). Net income: US$1.20b (down 13% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Nov 08
Upcoming dividend of US$1.05 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.0%). Aankondiging • Oct 16
Duke Energy Announces Board Changes Duke Energy announced that Tim Pearson will become South Carolina state president, effective Nov. 1, 2024. He will succeed Mike Callahan, who has been promoted to senior vice president of the company following the retirement of Karl Newlin. Pearson, 42, will manage state and local regulatory and government relations in South Carolina. He will work closely with the corporate and regulatory strategy team to advance legislative, rate and regulatory initiatives in the state. His team also leads community relations and infrastructure engagement for Duke Energy across the Palmetto State. Pearson, who was a valuable part of the Duke Energy team first as an advisor and consultant, joined the company full time as vice president of government affairs in 2023. In that expanded role, Pearson has been integral in advancing the conversation around energy policy that is taking place in South Carolina. A resident of Columbia, Pearson lives with his wife Ashton, daughter Myers and son Wills. He has more than a decade of experience in government and policy in South Carolina. Before joining Duke Energy, Pearson served as an advisor to multiple governors in the state, most recently as general consultant for Henry McMaster's successful campaigns in 2018 and 2022. He served as chief of staff for Nikki Haley during her tenure as governor, and as executive director of her transition team. He also served as Mark Sanford's senior communications advisor. Callahan, 49, will return to the financial side of the corporation after leading the company's efforts in South Carolina for the past five years as state president. Prior to that, he was vice president of investor relations, overseeing Duke Energy's investor relations and shareholder services organizations. He also served as director of regulated utilities forecasting for Duke Energy, where he was responsible for preparing and consolidating regulated utility forecasts to support financial planning and strategic decision-making activities. Callahan joined Duke Energy in 2002. Tigerron "Tiger" Wells, 45, currently state government affairs director, will succeed Pearson as vice president of government affairs and will manage the company's legislative strategy in South Carolina. A South Carolina lawyer and former partner with the law firm of Haynsworth Sinkler Boyd, Tiger was a litigator for a decade before branching out to the Municipal Association of South Carolina government affairs team. For the past five years, Tiger has played a critical role in the company's lobbying efforts at the State House and has advanced the legislative and regulatory interests of Duke Energy before various South Carolina governmental bodies. Also reporting to Pearson will be Heather Shirley Smith, vice president of regulatory and policy who will continue to focus on regulatory matters and policy enactment and Rick Jiran, vice president of government and community relations and infrastructure engagement, who will continue his role focused on local government relations, community relations and new infrastructure stakeholder engagement. Declared Dividend • Oct 10
Second quarter dividend of US$1.05 announced Shareholders will receive a dividend of US$1.05. Ex-date: 15th November 2024 Payment date: 16th December 2024 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Aug 28
Insider recently sold US$1.1m worth of stock On the 23rd of August, Julia Janson sold around 10k shares on-market at roughly US$113 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.6m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Aug 26
Insider notifies of intention to sell stock Julia Janson intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of August. If the sale is conducted around the recent share price of US$113, it would amount to US$1.1m. Since March 2024, Julia's direct individual holding has decreased from 63.50k shares to 53.54k. Company insiders have collectively sold US$3.4m more than they bought, via options and on-market transactions in the last 12 months. 
