Charlotte, North Carolina-based Duke Energy Corporation (DUK) operates as an energy company in the United States. Valued at a market cap of $95.7 billion, the company operates through two segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I) and generates, transmits, distributes, and sells electricity to customers in the Southeast and Midwest regions.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” DUK fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regulated electric utilities industry.