Duke Energy reports third-quarter 2022 financial results

Rhea-AI Summary

Duke Energy (NYSE: DUK) released its third-quarter 2022 financial results on Nov. 4, 2022. The company serves 8.2 million electric customers across seven states and aims for net-zero carbon emissions by 2050. The financial results are available on their investors' section. Duke Energy's presentation includes insights from CEO Lynn Good and CFO Brian Savoy. The company is recognized in Fortune's "World's Most Admired Companies" and Forbes' "World's Best Employers" lists.

CHARLOTTE, N.C., Nov. 4, 2022 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its third-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 Brian Savoy, 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 9 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 714151. Please call in 10 to 15 minutes prior to the scheduled start time.

A recording of the webcast will be available on the investors' section of the company's website on Nov. 4.

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 by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. 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' "World'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: Jennifer Garber
800.559.3853

Analysts contact: Jack Sullivan
980.373.3564

 

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SOURCE Duke Energy

FAQ

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

Duke Energy announced its third-quarter 2022 financial results on Nov. 4, 2022.

What is Duke Energy's net-zero target?

Duke Energy aims for net-zero carbon emissions from electricity generation by 2050.

Where can I find Duke Energy's investor presentation?

The investor presentation can be found on Duke Energy's website.