Duke Energy reports second-quarter 2024 financial results

Rhea-AI Summary

Duke Energy (NYSE: DUK) has released its second-quarter 2024 financial results. The company will host an investor presentation on August 6, 2024, at 10 a.m. ET to discuss the results and provide business updates. Interested parties can access the call via Duke Energy's website or by dialing in. A recording will be available on August 7.

Duke Energy, a Fortune 150 company, serves 8.4 million electric customers and 1.7 million natural gas customers across multiple states. The company is pursuing an ambitious clean energy transition, aiming for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. Duke Energy is investing in grid upgrades and cleaner generation technologies, including energy storage, renewables, natural gas, and nuclear.

Positive

• Released second-quarter 2024 financial results
• Serves 8.4 million electric customers and 1.7 million natural gas customers
• Executing ambitious clean energy transition plan
• Investing in grid upgrades and cleaner generation technologies

Negative

• None.

CHARLOTTE, N.C., Aug. 6, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its second-quarter 2024 financial results in a news release available on the company's website at the following link: duke-energy.com/investors.

Lynn Good, chair and chief executive officer, Harry Sideris, president, and Brian Savoy, executive vice president and chief financial officer, will discuss the company's financial results and other business and financial updates during an investor presentation at 10 a.m. ET today.

The call can be accessed via the investors' section (duke-energy.com/investors) of Duke Energy's website or by dialing 833.470.1428 in the U.S. or 929.526.1599 outside the U.S. The confirmation code is 187230. Please call in 10 to 15 minutes prior to the scheduled start time.

A recording of the webcast will be available on the investors' section of the company's website on August 7.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Media Contact: Gillian Moore
24-Hour: 800.559.3853

Analysts Contact: Abby Motsinger
Office: 704.382.7624

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SOURCE Duke Energy

FAQ

What are Duke Energy's (DUK) clean energy goals?

Duke Energy aims to achieve net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050.

When did Duke Energy (DUK) release its Q2 2024 financial results?

Duke Energy released its second-quarter 2024 financial results on August 6, 2024.

How many customers does Duke Energy (DUK) serve?

Duke Energy serves 8.4 million electric customers and 1.7 million natural gas customers across multiple states.

What technologies is Duke Energy (DUK) investing in for cleaner generation?

Duke Energy is investing in energy storage, renewables, natural gas, and nuclear technologies for cleaner energy generation.