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Fortune 500 - Spot Number 86
Company Information
Name: Duke Energy Corporation
Industry: Electric Utilities
Description: Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses -- generating revenues of more than $59 billion in 2001.
Financial Summary: Duke Energy Corporation is an integrated energy company and a leading domestic gatherer and processor of natural gas and develops, constructs and operates energy facilities worldwide. For the 6 months ended 6/30/05, revenues rose 4% to $11.4B. Net income from cont. ops. and applicable to Common totalled $1.17B, up from $466M. Revenues reflect increased customer growth. Earnings also benefited from improved margins and a gain on asset sales.
Business Summary: Duke Energy Corporation is an energy company located in the Americas with an affiliated real estate subsidiary. The Company's Field Services business gathers, compresses, treats, processes, transports, trades, markets and stores natural gas; and produces, transports, trades, markets and stores natural gas liquids (NGLs). Duke Energy North America (DENA) operates and manages merchant power generation facilities, and engages in commodity sales and services. International Energy develops, operates and manages power generation facilities and engages in sales and marketing of electric power and natural gas. Crescent Resources, LLC (Crescent) develops and manages commercial, residential and multi-family real estate projects. The remainder of Duke Energy's operations is presented as Other.
Misc Details
Symbol: DUK
City: Charlotte
State: NC
ZIP Code: 28202
Address: 526 South Church St
Phone: 704-594-6200
Fax: 704-382-4964
Website: http://www.duke-energy.com
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