Company Profile For Duke Energy Corporation

Duke Energy Corporation (DUK.N) (New York Stock Exchange)

sector: Utilities · industry: Utilities - Multiline ·

As of 25 Nov 2009

16.75USD

Price Change

+0.19

Percent Change

+1.15%

Analyst Recommendations

Overview

Duke Energy Corporation (Duke Energy) is an energy company that provides its services through three business segments. The Company’s business segments are U.S. Franchised Electric and Gas, Commercial Power and International Energy. During the year ended December 31, 2008, Crescent was a reportable business segment of Duke Energy. However, in 2008, the Company included the operations of Crescent Other business segment. In September 2008, the Company acquired Catamount Energy Corporation from Diamond Castle Partners. In June 2009, the Company's affiliate acquired Aguaytia Energy, LLC from The Maple Gas Development Corporation, a partially owned subsidiary of Maple Energy plc.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Duke Energy Corporation's revenues decreased 4% to $9.62B. Net income from continuing operations decreased 28% to $729M. Revenues reflect lower income from U.S Franchised Electric & Gas and a decrease in revenue from International Energy. Net income also reflects a decrease in gross profit margin, higher operating expenses of Commercial Paper and a decrease in gain on sales of other assets & other, net.