Duke Energy Corp. – Key Developments and Financial Context (2026‑01‑07)
1. Green Hydrogen Demonstration at DeBary, Florida
On January 7, 2026 Duke Energy Florida announced the launch of the DeBary Hydrogen Production Storage System, the first U.S. demonstration capable of producing, storing and combusting 100 % green hydrogen end‑to‑end.
- The system utilizes the existing DeBary solar facility to power two electrolyzers that split water; oxygen is released while hydrogen is stored in reinforced containers.
- The stored hydrogen can feed an upgraded combustion turbine (GE Vernova technology) that operates on a blend of natural gas and hydrogen or on 100 % hydrogen to meet peak demand.
- Duke Energy Florida’s portfolio includes 12,300 MW of capacity that serves 2 million customers. Duke Energy as a whole operates 54,800 MW and serves 8.4 million electric customers.
The announcement was accompanied by a 0.8 % increase in the share price, indicating a modest positive market reaction.
2. Dividend Declaration
On January 6, 2026 Duke Energy (NYSE: DUK) declared a quarterly cash dividend on its common stock of $1.065 per share and a dividend on its Series A preferred stock of $359.375 per share (equivalent to $0.359375 per depositary share).
- The dividend will be payable on March 16, 2026 to shareholders of record at the close of business on February 13, 2026.
- The company has a track record of 100 consecutive years of common‑stock dividend payments.
- The dividend declaration reaffirms Duke Energy’s service to 8.6 million electric customers and 1.7 million natural‑gas customers, and its ownership of 55,100 MW of energy capacity.
3. UBS Price Objective Revision
On January 5, 2026 UBS reduced its price objective for Duke Energy Corporation (DUK). The new target reflects updated expectations for the company’s financial performance and market conditions, though the specific revised figure is not disclosed in the available source.
4. Market and Fundamental Snapshot
| Item | Value |
|---|---|
| Exchange | New York Stock Exchange |
| Currency | USD |
| Close Price (2026‑01‑05) | $117.74 |
| 52‑Week High (2025‑10‑21) | $130.03 |
| 52‑Week Low (2025‑01‑12) | $105.20 |
| Market Cap | $91,561,836,544 |
| Price‑to‑Earnings Ratio | 18.57 |
| Sector | Utilities |
| Industry | Electric Utilities |
The company’s assets and operations are concentrated primarily in the Americas, with an integrated network that includes natural‑gas supply, electric delivery, and trading activities in the United States and Latin America.
This article consolidates publicly disclosed events and financial data regarding Duke Energy Corporation as of early January 2026, presenting the information in a structured and factual manner.
