Duke Energy Reports Five-fold Jump in Profit

Reuters

Feb 18 (Reuters) – Duke Energy Corp reported a five-fold rise in quarterly profit, helped by higher income from its regulated utilities and a return to profit in its international business.

Net income attributable to the company rose to $477 million, or 69 cents per share, in the fourth quarter ended Dec. 31, from $97 million, or 14 cents, a year earlier.

(Reporting by Amrutha Gayathri and Anet Josline Pinto in Bengaluru; Editing by Ted Kerr)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
FP&A Analyst
Expertise: Accounting|Financial Analyst
Location: Houston, TX
 
Project Manager - Manufacturing
Expertise: Manufacturing Engineering|Project Management
Location: Chesapeake, VA
 
Project Manager
Expertise: Project Management
Location: Clear Lake City, TX
 
search for more jobs

Brent Crude Oil : $52.1/BBL 0.96%
Light Crude Oil : $49.56/BBL 0.67%
Natural Gas : $3.04/MMBtu 0.97%
Updated in last 24 hours