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An activist investor may urge Duke Energy to ‘get back to basics’

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A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, November 29, 2018.

Chris Keane | Reuters

Company: Duke Energy Corp. (DUK)

Business: Duke operates as an energy company in the United States that is the product of a merger with Cinergy in 2006; a merger with Progress Energy in 2012; and the acquisition of Piedmont Natural Gas in 2016. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil,…



Source cnbc.com

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