Based in Charlotte, North Carolina, Duke Energy Corporation (DUK) is an electric power and natural gas holding company. Valued at a market cap of $90.3 billion, the company operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I) and also operates a growing renewable energy portfolio.
Companies worth more than $10 billion or more are generally described as “large-cap stocks,” and Duke Energy fits right into that. DUK distinguishes itself as one of the largest energy holding companies in the United States, serving 8.2 million electricity customers and 1.6 million natural gas customers. It collectively owns approximately 54,800 megawatts of energy capacity.
