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Duke Energy restores power to more than 180,000 customers, after severe storms hit the Carolinas
Prnewswire· 2024-05-09 23:47
CHARLOTTE, N.C., May 9, 2024 /PRNewswire/ -- As of 9 a.m., Duke Energy has restored power to more than 180,000 customers impacted by severe storms that occurred Wednesday evening and Thursday morning. The majority of customers are expected to be restored by tonight, with some customers in the hardest-hit areas experiencing power outages into Friday. "We are committed to working as quickly and safely as possible to get the lights back on for our customers," said Jason Hollifield, Duke Energy's Carolinas stor ...
Duke: Valuation Gets Lofty For Quality Utility
Seeking Alpha· 2024-05-09 17:02
Sunset sky with Duke Energy building in Charlotte, NC Takako Hatayama-Phillips Duke Energy Corporation (NYSE:DUK) has both energy utilities and infrastructure business as well as the gas utilities & infrastructure business. Primarily regulated, this duo forms the two main reporting segments for this company, with the balance of activities falling under the all encompassing "other". Its energy utilities & infrastructure operations comprise generation, transmission, distribution, and sale of electricity. This ...
Duke Energy(DUK) - 2024 Q1 - Earnings Call Presentation
2024-05-08 00:34
Q1 / 2024 Earnings Review and Business Update Lynn Good / Chair and CEO Harry Sideris / President Brian Savoy / Executive Vice President and CFO May 7, 2024 // 1 Safe Harbor statement This presentation includes forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward- ...
Duke Energy(DUK) - 2024 Q1 - Earnings Call Transcript
2024-05-08 00:33
财务数据和关键指标变化 - 公司公布2024年第一季度调整后每股收益为1.44美元,同比增长0.24美元,主要得益于各管辖区域的费率活动增长、零售量增强以及天气状况改善 [1] - 公司维持2024年每股收益指引区间5.85美元至6.10美元,并维持2028年前5%至7%的长期每股收益增长率 [1] 各条业务线数据和关键指标变化 - 电力事业部门业绩同比增长0.29美元,主要由于费率上调、销量增加和天气状况改善所致,部分被利息费用和折旧增加所抵消 [1][2] - 天然气事业部门业绩与去年持平 [1] - 其他业务部门业绩同比下降0.05美元,主要由于利息费用增加 [1] 各个市场数据和关键指标变化 - 客户增长强劲,卡罗来纳州和佛罗里达州均增长2.4% [1][2] - 商业和工业用电量同比增长1%以上,主要受商业领域强劲支撑 [2] - 公司密切关注经济趋势,并与最大客户保持定期沟通,客户普遍预期下半年用电需求将加速增长 [2] 公司战略和发展方向及行业竞争 - 公司致力于通过"全方位"策略满足客户不断增长的需求,同时保持可负担性和可靠性,并推进脱碳进程 [1][2] - 2024年标志着公司电力资产转型的重要阶段,从规划阶段进入项目执行阶段 [1] - 在佛罗里达州,公司计划在2024年底前建成1,500兆瓦的公用事业太阳能发电;在卡罗来纳州,公司计划每年新增约1,500兆瓦太阳能发电 [2] - 在卡罗来纳州,公司已提交建设2吉瓦新型天然气发电机组的申请,以替代退役的燃煤机组 [2] - 公司认为天然气在实现净零排放目标的过程中必须发挥重要作用,以应对人工智能数据中心、芯片制造等行业的前所未有的需求增长 [2] 管理层对经营环境和未来前景的评论 - 公司所在管辖区域正经历前所未有的增长,公司致力于通过"全方位"策略满足不断增长的客户需求 [1][2] - 公司有信心实现2024年每股收益指引和5%至7%的长期每股收益增长率,得益于所在最具吸引力和增长最快的地区,以及73亿美元的5年资本计划、高效的收费机制和良好的监管环境 [1][2][3] - 公司将继续与监管机构、政策制定者和其他利益相关方合作,在各管辖区域取得重大进展 [2][3] 问答环节重要的提问和回答 问题1 **Shar Pourreza 提问** 公司维持1.5%至2%的负荷增长假设,但同时也大幅增加了经济发展活动,这是否意味着公司将在未来上调负荷增长预测,并且这种增长是否可能提高公司的每股收益增长指引? [2][3] **Brian Savoy 回答** 公司持续看好经济发展机会,每次更新负荷预测时都会看到更多机会。公司通常会在2月份更新全面的财务计划,届时会考虑更新负荷预测和相应的资本支出计划。公司有信心5%至7%的每股收益增长目标,随着计划的推进,有望达到增长率区间的上限。[2][3] 问题2 **David Arcaro 提问** 新的EPA规则如何影响公司正在进行的综合资源规划? [6][7] **Lynn Good 回答** 公司正在仔细研究新规则,并评估如何在可靠性和可负担性的前提下满足服务区域不断增长的需求,同时继续推进脱碳进程。公司将在北卡罗来纳州的CPCN审批过程中,以及即将开展的印第安纳州综合资源规划中,详细阐述满足需求增长的方案。公司也在评估是否对该规则提起诉讼。[6][7] 问题3 **Durgesh Chopra 提问** CPCN申请是否已包含在公司现有的资本支出计划中? [6][7] **Lynn Good 回答** CPCN申请中提到的投资已包含在公司的资本支出计划中。IRP是公司未来几年发电资源的整体规划,CPCN则是对具体发电资产的单独审批。两者是相互补充的。[6][7]
Duke Energy (DUK) Q1 Earnings Up Y/Y, Revenues Miss Estimates
Zacks Investment Research· 2024-05-08 00:01
Duke Energy Corporation (DUK) reported first-quarter 2024 earnings per share (EPS) of $1.44 per share, which increased 42.6% from the year-ago quarter’s level of $1.01. The Zacks Consensus Estimate for first- quarter earnings was pegged at $1.39. Total Revenues Total operating revenues came in at $7.67 billion, which rose 5.4% from $7.28 billion in the year-ago period. However, the top line lagged the Zacks Consensus Estimate of $7.71 billion by 0.5%. The Regulated electric unit’s operating revenues were $6 ...
Duke Energy(DUK) - 2024 Q1 - Quarterly Report
2024-05-07 23:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to_________ Registrant, State of Incorporation or Organization, IRS Employer Identification Commission File Number Address of Principal Executive Off ...
Duke Energy Florida receives approval to lower rates for a second time this year
Prnewswire· 2024-05-07 22:27
New rates effective in June 2024; a typical residential customer bill will decrease by almost $6 per month Savings adds to more than $11 monthly reduction that went into effect in January 2024 ST. PETERSBURG, Fla., May 7, 2024 /PRNewswire/ -- Duke Energy's Florida customers will see lower electric bills following the Florida Public Service Commission's approval of the company's request to reduce fuel charges on customer bills. As of result, a typical residential 1,000-kWh monthly customer bill will be reduc ...
Duke Energy (DUK) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-05-07 20:16
Duke Energy (DUK) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.60%. A quarter ago, it was expected that this electric utility would post earnings of $1.54 per share when it actually produced earnings of $1.51, delivering a surprise of -1.95%. Over the last four quarters, the com ...
Duke Energy(DUK) - 2024 Q1 - Quarterly Results
2024-05-07 06:00
电力公用事业和基础设施分部业绩 - 电力公用事业和基础设施分部收益增加,主要由于天气改善、有利的费率案影响以及来自附加费和其他零售利润的增长[8][2] - 电力公用事业和基础设施分部营业收入为68.03亿美元,同比增长6.3%[46] - 电力公用事业和基础设施分部净利润为10.21亿美元,同比增长[2] - 电力公用事业和基础设施分部资产总额为1,566.06亿美元[2][3][4] - 电力公用事业和基础设施分部负债和权益总额为1,566.06亿美元[4][5] - 电力公用事业和基础设施分部资本开支为102.2亿美元[2][3][4] 天然气公用事业和基础设施分部业绩 - 天然气公用事业和基础设施分部收益持平,主要由于来自附加费和其他零售利润的增长被利息费用和折旧增加所抵消[9] - 天然气公用事业和基础设施分部营业收入为9.02亿美元,同比下降1%[46] - 天然气公用事业和基础设施分部净利润为2.84亿美元,同比增长[6] - 天然气公用事业和基础设施分部资产总额为174.64亿美元[6] - 天然气公用事业和基础设施分部负债和权益总额为174.64亿美元[6] - 天然气公用事业和基础设施分部资本开支为17.5亿美元[6] 公司整体业绩 - 公司2024年第一季度总收入为76.71亿美元,同比增长5.4%[43] - 公司2024年第一季度净利润为11.54亿美元,同比增长19.0%[43] - 公司2024年第一季度每股收益为1.44美元,同比增长20.0%[40] - 公司2024年第一季度营业费用为57.20亿美元,同比增加2.0%[43] - 公司2024年第一季度有效税率为13.7%,同比下降0.5个百分点[39] - 公司2024年第一季度来自持续经营的税前利润为13.32亿美元,同比增长18.4%[39] - 公司2024年第一季度来自已终止业务的亏损为300万美元[34] - 公司总资产为175.09亿美元[57][58] 公司业务数据 - 电力销售总量为60,610 GWh,同比增长4.1%[59] - 电力客户总数为8,436,951户,同比增长1.9%[59] - 发电总量为64,129 GWh,同比增长4.7%[59] - 卡罗来纳州电力销售量为22,388 GWh,同比增长7.0%[60] - 卡罗来纳州电力客户总数为2,884,276户,同比增长2.1%[60] - 进度能源电力销售量为16,128 GWh,同比增长5.1%[61] - 进度能源电力客户总数为1,740,066户,同比增长2.1%[61] - 卡罗来纳州核电机组容量因子为100%[60] - 进度能源核电机组容量因子为92%[61] - 公司总体电力销售量同比下降1.7%[62] - 公司总体客户数同比增加2.2%[62] - 公司天然气业务总销量同比增加1.1%[65] - 公司天然气客户总数同比增加1.5%[65] - 公司煤电发电量同比增加16.7%[62] - 公司天然气和可再生能源发电量同比增加1.2%和22.1%[62] - 公司电力批发和其他销售量同比增加15.3%[63] - 公司电力购电和净调度量同比下降1.0%[63] - 公司电力线损和其他同比增加24.1%[63] - 公司电力客户数中工业客户同比下降5.3%[62]
Duke Energy (DUK) to Post Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-05-02 23:31
Duke Energy Corporation (DUK) is scheduled to release its first-quarter 2024 results on May 7 before market open. The company delivered a negative earnings surprise of 1.95% in the last reported quarter. Moreover, Duke Energy holds a negative four-quarter average earnings surprise of 3.76%. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors at Play The majority of DUK’s service territories witnessed mixed weather patterns during the January-March 2024 quarte ...