$DUK

On October 5, 2026, POWER Magazine awarded three GE Vernova-powered projects for energy efficiency and decarbonization. Vietnam’s Nhon Trach 3&4 plant won Plant of the Year and Top Gas Plant, Duke Energy’s DeBary facility earned the Hydrogen Award, and Dominion Energy’s Parr Station received the Reinvention Award. GE Vernova's technology was recognized for its role in advancing LNG-fired generation, hydrogen combustion, and power plant modernization.

Duke Energy (DUK) and Consolidated Edison (ED) both offer dividends around 3.8% and 3.5%, respectively, with recent annual raises of about 2%. Duke has higher debt but is investing in data centers, while ED focuses on New York's electrification. Both expect EPS growth and manageable payout ratios.

Duke Energy's report shows data center projects with contracts now outnumber tentative deals in the Carolinas, supporting its earlier forecast of increased energy demand. This may lead to grid overhauls and new natural gas generators, according to the company.

Edison International (EIX) and Duke Energy (DUK) both exceeded Q2 EPS estimates and confirmed 5-7% long-term growth. Edison raised its quarterly dividend to $0.8775, while Duke increased to $1.085. Edison's growth was driven by wildfire cleanup and rate case decisions, while Duke benefited from data center demand. Edison offers a higher yield (6.3%) but faces litigation risks, while Duke has a lower yield (3.7%) but steadier growth prospects.

Duke Energy (DUK) declared a $1.085 quarterly dividend, up 1.9% from last year, with a forward yield of 3.6%. The company's $103B capital plan, approved by regulators, drives earnings growth. Duke's cash flow lags capital spending, requiring external financing. Management expects 5-7% EPS growth through 2030, but dividend raises may slow due to rising interest costs.

Duke Energy plans to negotiate a clean transition tariff in early 2027, allowing large customers like Google, Meta, Microsoft, and Amazon to pay for 24/7 carbon-free electricity. The tariff aims to address growing energy demand from data centers and protect consumers from fossil fuel infrastructure costs. Advocates urge regulators to ensure the tariff's implementation.

U.S. Sen. Thom Tillis criticized federal energy policies, warning of potential GOP losses. North Carolina debates data center costs, with Duke Energy proposing customer protections. Attorney General Jeff Jackson and Gov. Josh Stein argue the proposal leaves gaps. Duke Energy's plan requires approval from the North Carolina Utilities Commission.

The Southern Environmental Law Center (SELC) is challenging air permits issued to Amazon and Duke Energy for an Amazon Data Center project in Hamlet, North Carolina. The permits allow for 588 backup engines and 57 temporary engines, which SELC argues evade Clean Air Act requirements. Amazon's CEO Matt Garman defended data centers' environmental impact, citing low water use and minimal generator operation. The case is pending litigation, with DEQ declining to comment.

Goldman Sachs lowered its price target for Duke Energy from $147 to $143. KeyBanc Capital also reduced its target from $139 to $128. Both moves may impact investor sentiment and trading activity for the company.

State Street Utilities Select Sector SPDR ETF (XLU) reported a net outflow of $175.8 million on Tuesday, selling stocks but buying none. XLU decreased all 31 of its positions, with the largest sales being NEE ($21.8 million), SO ($13.6 million), and CEG ($13.0 million). The fund's assets under management stood at $24.13 billion.