Headquartered in Charlotte, North Carolina, Duke Energy Corporation (DUK) is an energy holding company with a significant presence in the U.S. utility sector. With a market cap of $86.4 billion, Duke Energy specializes in generating, transmitting, and distributing electricity, as well as natural gas infrastructure, serving millions of customers across several states.
Shares of this leading energy company have underperformed the broader market over the last year. The stock has gained 27.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.7%. In 2024, DUK stock is up 14.7%, compared to the SPX, which is up 25.5% on a YTD basis.
