Welcome to our dedicated page for PPL news (Ticker: PPL), a resource for investors and traders seeking the latest updates and insights on PPL stock.
Overview of PPL Corporation
PPL Corporation (NYSE: PPL) is a significant U.S. energy company recognized for its regulated utility operations that deliver electricity and natural gas safely, reliably, and affordably to millions of customers across multiple states. Operating within the energy sector, PPL combines decades of expertise in managing essential energy infrastructure with forward-thinking research and development initiatives aimed at grid modernization and sustainable technology solutions. Key industry terms such as electricity delivery, regulated utilities, and energy infrastructure underline the company’s commitment to operational excellence and innovation.
Regulated Utility Operations
PPL Corporation functions as a holding company for multiple regulated utilities strategically located in Pennsylvania, Kentucky, and Rhode Island. Each segment plays a pivotal role in providing essential energy services:
- Pennsylvania Regulated Segment: Focuses on the reliable distribution and transmission of electricity in central and eastern regions, ensuring consistent service quality and infrastructure resilience.
- Kentucky Regulated Segment: Comprising integrated operations from Louisville Gas and Electric and Kentucky Utilities, this segment manages electricity generation, transmission, and delivery, while also providing natural gas services to a diverse customer base.
- Rhode Island Regulated Segment: Offers comprehensive electric and gas services, supporting the local communities with a focus on reliability and customer-centric operations.
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PPL Corporation to release third-quarter 2023 earnings results
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PPL Electric Utilities employees receive Innovation Award for improving safety, reliability, and affordability of electricity.
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Rhode Island Energy issues RFP for 1200 MW of offshore wind to power the state's energy needs.
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PPL subsidiary Rhode Island Energy receives regulatory approval for advanced metering functionality statewide, investing up to $153 million. PPL plans to invest over $12 billion through 2026 to strengthen grid reliability and resiliency and replace aging coal generation.
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PPL Corporation publishes three years of audited financial statements for Rhode Island Energy (RIE) subsidiary.
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PPL Corporation names Christine M. Martin as interim PPL Electric Utilities president, succeeding Stephanie R. Raymond.
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PPL Corporation declares quarterly dividend of $0.24 per share
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PPL Corporation (NYSE: PPL) reported second-quarter 2023 earnings (GAAP) per share of $0.15 and ongoing earnings per share of $0.29, reaffirming its 2023 ongoing earnings forecast of $1.50 to $1.65 per share. This comes despite mild weather and increased storm activity impacting financial results. The company also projects annual earnings per share and dividend growth of 6% to 8% through at least 2026.
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PPL Corporation (NYSE: PPL) will release its second-quarter 2023 earnings results on August 4. The company's president and CEO, Vincent Sorgi, along with other executives, will discuss the results and the general business outlook during a conference call with financial analysts. The call will be webcasted live and interested individuals can access the webcast link at www.pplweb.com/investors. A replay with slides will be available for 90 days after the call.
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FAQ
What is the current stock price of PPL (PPL)?
The current stock price of PPL (PPL) is $35.72 as of April 18, 2025.
What is the market cap of PPL (PPL)?
The market cap of PPL (PPL) is approximately 25.7B.
What core services does PPL Corporation provide?
PPL Corporation provides essential energy services, including electricity and natural gas distribution, via its regulated utility subsidiaries across Pennsylvania, Kentucky, and Rhode Island.
How does PPL Corporation generate its revenue?
The company earns revenue primarily through regulated utility operations, which are designed to offer reliable energy services under established rate structures within its service territories.
What are the main business segments of PPL Corporation?
PPL Corporation's operations are divided into key segments: the Pennsylvania Regulated Segment, the Kentucky Regulated Segment led by Louisville Gas and Electric and Kentucky Utilities, and the Rhode Island Regulated Segment.
How is PPL Corporation positioned within the energy industry?
As a holding company for regulated utilities, PPL Corporation is a major player in ensuring safe and reliable energy delivery, while continuously investing in infrastructure improvements and advanced technological research.
What initiatives has PPL Corporation undertaken to modernize its grid?
PPL has invested considerably in smart grid technologies, grid hardening, and other infrastructure enhancements to improve resilience and operational efficiency across its utility networks.
How does PPL address customer service and community engagement?
The company is known for its commitment to high service standards, reliable energy delivery, and active community engagement that includes support for local initiatives and charitable programs.
What role does innovation play in PPL Corporation's strategy?
Innovation is central to the company’s strategy, demonstrated by its investment in research and development projects such as carbon capture research and nuclear feasibility studies to enhance sustainability and reliability.
How does PPL manage regulatory and market challenges?
PPL Corporation navigates regulatory and market challenges by leveraging its regulated business model, ensuring compliance with industry standards, and continuously adapting its infrastructure to meet evolving energy demands.
PPL
NYSE:PPL
PPL Rankings
PPL Stock Data
25.67B
738.05M
0.09%
79.68%
2.85%
Utilities - Regulated Electric
Electric Services
United States
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