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MarketScreener Homepage  >  Equities  >  Nyse  >  Duke Energy Corporation    DUK

DUKE ENERGY CORPORATION

(DUK)
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Duke Energy Says Hurricane Dorian Could Cause 700,000 Power Outages in the Carolinas

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09/04/2019 | 04:48pm EDT

By Stephen Nakrosis

Duke Energy Corp. (DUK) on Wednesday said Hurricane Dorian could be responsible for more than 700,000 power outages in the eastern regions of the Carolinas.

Duke warned outages are likely to occur Thursday and Friday, with some possibly lasting several days. Areas most at risk include North Carolina's Triangle area, the Pee Dee region in South Carolina and the coastal areas of both states.

Some of the outages could last for several days, the company said.

Duke said more than 4,000 repair workers would be coming to the area from across the U.S. and Canada to augment the 5,000 lineworkers and tree personnel already based in the Carolinas.

"Hurricane Dorian is a historic storm headed straight up the Carolina coastline," said Duke Energy meteorology director Nick Keener. "This slow-moving, powerful storm will bring hurricane- and tropical-storm-force winds, and rain, over a large area of our coastal, Pee Dee and Triangle regions."

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
DUKE ENERGY CORPORATION 0.98% 82.47 Delayed Quote.-9.58%
LINE CORPORATION 0.19% 5370 End-of-day quote.0.37%
THE EASTERN COMPANY -3.42% 19.51 Delayed Quote.-36.10%
WTI -0.39% 39.939 Delayed Quote.-34.31%
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Financials (USD)
Sales 2020 25 514 M - -
Net income 2020 3 365 M - -
Net Debt 2020 62 987 M - -
P/E ratio 2020 16,3x
Yield 2020 4,69%
Capitalization 60 651 M 60 651 M -
EV / Sales 2020 4,85x
EV / Sales 2021 4,81x
Nbr of Employees 28 793
Free-Float 94,7%
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Technical analysis trends DUKE ENERGY CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 91,80 $
Last Close Price 82,47 $
Spread / Highest target 28,5%
Spread / Average Target 11,3%
Spread / Lowest Target 3,07%
EPS Revisions
Managers
NameTitle
Lynn J. Good Chairman, President & Chief Executive Officer
Dhiaa M. Jamil Chief Operating Officer & Executive Vice President
Steven K. Young Chief Financial Officer & Executive Vice President
Bonnie Titone Chief Information Officer
Michael G. Browning Lead Independent Director
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