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Duke Energy reports first-quarter 2022 financial results

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Duke Energy (NYSE: DUK) announced its first-quarter 2022 financial results on May 9, 2022. The company serves 8.2 million electric customers across multiple states and aims for significant clean energy goals, including net-zero carbon emissions by 2050. Duke Energy is also investing in grid enhancements and zero-emission technologies. The financial updates will be discussed in an investor presentation at 10 a.m. ET, accessible via their website. A recording will be available the following day.

Positive
  • Ambitious clean energy goals including net-zero carbon by 2050.
  • Investment in electric grid enhancements and energy storage.
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  • None.

CHARLOTTE, N.C., May 9, 2022 /PRNewswire/ -- Duke Energy (NYSE: DUK) today posted its first-quarter 2022 financial results in a news release available on the company's website at the following link: duke-energy.com/investors.

Lynn Good, chair, president and chief executive officer, and Steve Young, executive vice president and chief financial officer, will discuss the company's financial results and other business and financial updates during an investor presentation at 10 a.m. ET today.

The call can be accessed via the investors' section (duke-energy.com/investors) of Duke Energy's website or by dialing 833.927.1758 in the U.S. or 929.526.1599 outside the U.S. The confirmation code is 527418. Please call 10 to 15 minutes prior to the scheduled start time.

A recording of the webcast with a transcript will be available on the investor's section of the company's website by May 10.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky. The company employs 28,000 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2022 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on TwitterLinkedInInstagram and Facebook

Media contact: Jennifer Garber
800.559.3853

Analysts contact: Jack Sullivan
980.373.3564

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-reports-first-quarter-2022-financial-results-301542450.html

SOURCE Duke Energy

FAQ

What were Duke Energy's first-quarter 2022 financial results?

Duke Energy reported its first-quarter financial results on May 9, 2022, available on their investor relations website.

What are Duke Energy's future plans for clean energy?

Duke Energy aims for net-zero carbon emissions by 2050 and a 50% reduction in carbon from electric generation by 2030.

When will Duke Energy discuss its financial results?

Duke Energy will discuss its financial results during an investor presentation at 10 a.m. ET on May 9, 2022.

Where can I access Duke Energy's investor presentation?

The investor presentation can be accessed via the investors' section of Duke Energy's website.

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