Recent Insider Transactions • May 15
President recently sold €2.1m worth of stock On the 8th of May, Harry Sideris sold around 20k shares on-market at roughly €106 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. Buy Or Sell Opportunity • May 11
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to €106. The fair value is estimated to be €87.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period. Duyuru • 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 released: EPS: US$1.96 (vs US$1.76 in 1Q 2025) 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 is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe. Duyuru • 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 Duyuru • 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. Duyuru • Mar 09
Duke Energy Corporation, Annual General Meeting, May 07, 2026 Duke Energy Corporation, Annual General Meeting, May 07, 2026. Duyuru • 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 • Feb 25
Executive VP & CFO recently sold €1.3m worth of stock On the 23rd of February, Brian Savoy sold around 12k shares on-market at roughly €108 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. New Risk • Feb 15
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Significant insider selling over the past 3 months (€1.7m sold). Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: US$6.32 (vs US$5.69 in FY 2024) 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 is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Electric Utilities industry in Europe. Upcoming Dividend • Feb 05
Upcoming dividend of US$2.13 per share Eligible shareholders must have bought the stock before 12 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 Italian dividend payers (4.7%). In line with average of industry peers (3.8%). Declared Dividend • Jan 09
Dividend of US$2.13 announced Shareholders will receive a dividend of US$2.13. Ex-date: 12th February 2026 Payment date: 16th March 2026 Dividend yield will be 4.0%, which is lower than the industry average of 4.3%. 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 released: EPS: US$1.81 (vs US$1.57 in 3Q 2024) 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 is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Electric Utilities industry in Europe. Declared Dividend • Oct 31
Dividend of US$1.07 announced Shareholders will receive a dividend of US$1.07. Ex-date: 13th November 2025 Payment date: 16th December 2025 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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 released: EPS: US$1.25 (vs US$1.14 in 2Q 2024) 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 is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Electric Utilities industry in Europe. Duyuru • 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. Duyuru • 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 Upcoming Dividend • May 08
Upcoming dividend of US$1.05 per share Eligible shareholders must have bought the stock before 15 May 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Italian dividend payers (5.6%). Lower than average of industry peers (4.6%). Reported Earnings • May 07
First quarter 2025 earnings released: EPS: US$1.76 (vs US$1.44 in 1Q 2024) 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 is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Electric Utilities industry in Europe. 
