PPL Corporation (PPL) has been operating in the energy and utility business since 1920 and today serves approximately 3.6 million customers through its electricity and natural gas operations. The company’s activities cover the full electricity value chain, including generation, transmission, and distribution, alongside natural gas distribution.
The Allentown, Pennsylvania-based firm maintains a diversified generation portfolio spanning coal, natural gas, hydroelectric power, and solar. Its substantial customer base and broad operating footprint have helped the company build a market cap of nearly $25 billion, placing it above the $10 billion threshold associated with large-cap stocks.