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MarketScreener Homepage  >  Equities  >  Nyse  >  PPL Corporation    PPL

PPL CORPORATION

(PPL)
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PPL Corporation : - Kentucky Utilities Company earns top honors in segment for electric business study

11/23/2020 | 10:29am EST

For the second year in a row, business customers of Kentucky Utilities Company have rated the utility first in electric business customer satisfaction among its peers in the Midwest mid-size segment.

The honor was awarded by global leader in consumer insights, advisory services and data and analytics company J.D. Power following the company's recently released 2020 Electric Utility Business Customer Satisfaction Study.

Now in its 22nd year, the study measures business customer satisfaction with electric utility companies by examining six factors: power quality and reliability; price; billing and payment; corporate citizenship; communications and customer contact. Satisfaction is calculated on a 1,000-point scale. In the Midwest mid-size segment, KU scored highest in every factor in this year's study.

'Throughout 2020, our customers and the communities we serve have faced extraordinary challenges that our company and employees have worked each day to help them overcome,' said Eileen Saunders, LG&E and KU vice president-Customer Services. 'We appreciate our business customers' recognition in a year that has been so difficult, and we're committed to continuing to assist them with flexible options that are tailored to their specific circumstances.'

Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 329,000 natural gas and 418,000 electric customers in Louisville and 16 surrounding counties. KU serves 558,000 customers in 77 Kentucky counties and five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.

Contact:

Tel: 502-627-4999

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 7 957 M - -
Net income 2020 1 749 M - -
Net Debt 2020 23 499 M - -
P/E ratio 2020 -
Yield 2020 5,97%
Capitalization 21 343 M 21 343 M -
EV / Sales 2020 5,64x
EV / Sales 2021 5,69x
Nbr of Employees 12 280
Free-Float 99,9%
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 30,19 $
Last Close Price 27,76 $
Spread / Highest target 15,3%
Spread / Average Target 8,76%
Spread / Lowest Target 0,86%
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Managers and Directors
NameTitle
Vincent Sorgi President, Chief Executive Officer & Director
William Harold Spence Non-Executive Chairman
Joseph P. Bergstein Chief Financial Officer & Senior Vice President
John W. Conway Lead Independent Director
Craig A. Rogerson Independent Director
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