$17.27
0.02 (+0.12%)
Duke Energy Corp (DUK)
CAPS Rating:
An energy company with an integrated network of energy assets. The company manages a portfolio of natural gas and electric supply, delivery and trading businesses.
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Duke Energy (DUK) - Anyone who reads my blog knows that I like electric utilities. Duke Energy is a power company that is based in the Southeastern U.S. It has operations there, in the Midwest, and even in Latin America.
I don't like the fact that Duke has a ton of coal plants, but at least it has nuclear assets as well. One major plus about the company is it has a reasonable debt load for a utility, only 41% of its total capital. Plus, here's my favorite part...Duke pays a solid 6.6% dividend. Any cap and trade or other sort of carbon tax would likely be a net negative for DUK, but at 0.9 times book value and 11 times earnings the company is so cheap at this point that it's worth a look.
Deej
I invest in it for 2 not-so-great reasons: I'm a customer and I figure if prices rise, at least I'll get something back.....and because they are a DRIPS stock so one avoids the broker fee. Anyway, I find they are good to their customers and good to their stockholders. May the future be revealed to us, if we can take it!