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Barchart
Sohini Mondal

Is Duke Energy Stock Outperforming the Dow?

With a market cap of $94.8 billion, Duke Energy Corporation (DUK) is one of the largest energy holding companies in the United States. The company operates through two main segments: Electric Utilities and Infrastructure, serving about 8.6 million customers, and Gas Utilities and Infrastructure, providing natural gas to roughly 1.7 million customers. 

Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Duke Energy fits this criterion perfectly. With a diverse energy portfolio spanning coal, natural gas, oil, hydroelectric, nuclear, and renewables, Duke Energy also invests in pipeline projects, renewable natural gas, and storage facilities.

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