Duke Energy Corp
DUK: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$489.00 | Krbrqlg | Sbsqvstbn |
Duke Energy On Path to Being a Premium Utility
Business Strategy and Outlook
Duke Energy is one of the largest regulated utilities in the United States. Florida is Duke's most constructive and attractive jurisdiction, with higher-than-average load growth and best-in-class regulation that allows for higher-than-average returns on equity, forward-looking rates, and automatic base-rate adjustments. The utility is installing 300 megawatts of solar annually with additional infrastructure investment opportunities.