Duke Energy Reports 24,864 Outages Due to Winter Storm Fern
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 25 2026
0mins
Should l Buy DUK?
Source: PRnewswire
- Outage Update: As of 4 PM on January 25, Winter Storm Fern has caused a total of 24,864 outages across North and South Carolina, with 23,258 in North Carolina and 1,606 in South Carolina, highlighting the severe impact on power infrastructure.
- Customer Impact Analysis: Of the 24,864 outages, 14,802 customers in North Carolina and 3,214 in South Carolina remain without power, reflecting the storm's direct disruption to customer lives and the challenges faced by Duke Energy in restoring service.
- Service Coverage: Duke Energy serves approximately 4.7 million electric customers in the Carolinas, with about 3.8 million in North Carolina and nearly 860,000 in South Carolina, demonstrating the company's extensive reach and responsibility in the region.
- Energy Transition Strategy: Duke Energy is executing significant electric grid upgrades and investing in cleaner energy sources, aiming to enhance customer reliability and value, and despite facing extreme weather challenges, the company remains committed to building a smarter energy future.
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Analyst Views on DUK
Wall Street analysts forecast DUK stock price to rise
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 130.900
Low
115.00
Averages
132.09
High
146.00
Current: 130.900
Low
115.00
Averages
132.09
High
146.00
About DUK
Duke Energy Corporation is an energy holding company. The Company operates through two segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. EU&I provides retail electric service through the generation, transmission, distribution, and sale of electricity to customers within the Southeast and Midwest regions of the United States. The GU&I segment conducts natural gas operations primarily through the regulated public utilities of Piedmont, Duke Energy Ohio, and Duke Energy Kentucky. GU&I serves residential, commercial, industrial, and power generation natural gas customers, including customers served by municipalities who are wholesale customers. It also purchases a diverse portfolio of transportation and storage services from interstate pipelines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Capital Plan Support: The remaining $1.5 billion in proceeds will help fund the industry's largest regulated capital plan of $103 billion, aimed at meeting increasing energy demands while keeping customer costs low.
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See More
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- Capital Investment Strategy: The acquisition is projected to represent approximately 20% of Spire's capital investment plan over the next five years, supporting a long-term adjusted earnings per share growth target of 5-7%, indicating a strong commitment to sustained growth.
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See More
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- Debt Repayment: Approximately $800 million of the proceeds will be allocated to pay down debt at Piedmont Natural Gas, thereby maintaining its capital structure and ensuring financial stability for future investments.
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- Market Expansion: This transaction enables Spire to expand its core utility business, adding nearly 3,800 miles of pipeline network serving over 200,000 customers, further solidifying its position in the natural gas market.
See More
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- Long-term Growth Outlook: Spire Tennessee is expected to represent 20% of Spire's capital investment plan, supporting an adjusted earnings per share growth of 5-7% annually, indicating strong confidence in future business expansion.
- Regional Market Advantage: Tennessee's favorable regulatory environment encourages capital investment, allowing Spire to enhance its market position in the rapidly growing Nashville area, addressing the increasing energy demands of the community.
See More
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See More
