News Releases

Piedmont Natural Gas, a subsidiary of Duke Energy, today issued its annual winter bills forecast for the upcoming winter period.

Piedmont Natural Gas today advised customers that Piedmont crews will be canvassing neighborhoods in flood impacted areas to inspect natural gas meters for signs of submersion from flooding caused by Hurricane Matthew. Any meter believed to have been submerged will be removed and natural gas service to the home or business will be turned off.

Duke Energy has completed its acquisition of Piedmont Natural Gas, closing the transaction effective today. Piedmont will retain its name and operate as a business unit of Duke Energy.

The North Carolina Utilities Commission has approved Duke Energy's acquisition of Piedmont Natural Gas. Today's order is the final regulatory approval needed to close the transaction. The transaction is expected to close Monday, Oct. 3.

Duke Energy today announced second quarter 2016 reported diluted earnings per share (EPS), prepared in accordance with Generally Accepted Accounting Principles (GAAP) of $0.74, compared to $0.78 for second quarter 2015. Second quarter 2016 adjusted diluted EPS was $1.07, compared to $0.95 for second quarter 2015.

Duke Energy's proposed acquisition of Piedmont Natural Gas gained important support today as the North Carolina Public Staff reached agreement with Duke Energy and Piedmont on certain stipulations and conditions for approval of the transaction.

CHARLOTTE, N.C., March 7, 2016 /PRNewswire/ -- Duke Energy Corporation (NYSE: DUK) ("Duke") announced today the closing of its underwritten public offering of 10,637,500 shares of its common stock in connection with the forward sale agreement (as ...

Duke Energy Corporation announced today the pricing of a public offering of approximately 9.25 million shares of its common stock at $72.00 per share in connection with the forward sale agreement described below. The expected net proceeds from the offering are to be used to finance a portion of the costs of Duke's pending acquisition of Piedmont Natural Gas Company, Inc.

Duke Energy today announced 2015 full-year adjusted diluted EPS of $4.54 compared to $4.55 in 2014. Duke Energy's full-year 2015 reported diluted EPS was $4.05, compared to $2.66 in 2014.

Duke Energy (NYSE: DUK) and Piedmont Natural Gas (NYSE: PNY) today filed their application with the North Carolina Utilities Commission seeking regulatory approval of Duke Energy's proposed acquisition of Piedmont announced Oct. 26, 2015.