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Duke Energy reports second-quarter 2021 financial results

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Duke Energy (NYSE: DUK) has announced its second-quarter 2021 financial results, which are now available online. The company serves 7.9 million electric customers across several states and is focusing on a clean energy strategy aimed at reducing carbon emissions by 50% by 2030 and achieving net-zero emissions by 2050. With a goal of 16,000 megawatts of renewable energy capacity by 2025, Duke Energy is also investing in grid upgrades and exploring advanced technologies. The results will be discussed in an investor presentation at 10 a.m. ET today.

Positive
  • Investing in grid upgrades and expanded battery storage.
  • On track to own or purchase 16,000 megawatts of renewable energy capacity by 2025.
  • Aggressive clean energy strategy with a goal of 50% carbon reduction by 2030.
Negative
  • None.

CHARLOTTE, N.C., Aug. 5, 2021 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its second-quarter 2021 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 800-458-4121 in the U.S. or 323-794-2093 outside the U.S. The confirmation code is 3383817. Please call 10 to 15 minutes prior to the scheduled start time.

A replay of the conference call will be available until 1 p.m. ET, Aug. 15, 2021, by calling 888-203-1112 in the U.S. or 719-457-0820 outside the U.S., and using the code 3383817. An audio replay and transcript will also be available by accessing the investors' section of the company's website.

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 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 51,000 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 27,500 people.

Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with goals of at least a 50 percent carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to own or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2021 "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 Twitter, LinkedIn, Instagram and Facebook.

Media contact: Meredith Archie
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-second-quarter-2021-financial-results-301349208.html

SOURCE Duke Energy

FAQ

What are the recent financial results for Duke Energy DUK in Q2 2021?

Duke Energy has posted its second-quarter 2021 financial results, which are available on their investor website.

What is Duke Energy's strategy for clean energy?

Duke Energy aims for at least a 50% carbon reduction by 2030 and net-zero carbon emissions by 2050.

How many customers does Duke Energy serve?

Duke Energy serves approximately 7.9 million electric customers across several states.

When will the investor presentation on Duke Energy's financial results take place?

The investor presentation will be held at 10 a.m. ET today.

What are Duke Energy's renewable energy goals?

Duke Energy is on track to achieve 16,000 megawatts of renewable energy capacity by 2025.

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