
With a market cap of $28.9 billion, PPL Corporation (PPL) provides electricity and natural gas to about 3.6 million customers across several states. The company operates through three regulated segments: Kentucky, Pennsylvania, and Rhode Island.
Companies valued at $10 billion or more are generally considered "large-cap" stocks, and PPL fits this criterion perfectly. It generates and distributes electricity from sources such as coal, natural gas, hydro, and solar power while also supplying natural gas in selected regions.