Southern Company Making More Progress Than Duke Energy

Zacks.com submits: We reiterate our Neutral rating on Progress Energy Inc. (PGN) as the company continues to face challenges in Florida.

David Hunkar submits: Charlotte-NC, based Duke Energy (DUK) has announced a deal to buy Progress Energy Inc (PGN) for $13.7 billion in an all-stock transaction. The combined company to be called Duke Energy Corp would be the largest utility in the U.S.

By Sneha Shah:When we started analyzing Duke Energy (DUK), we thought it was a safe bet during volatile times. However, as we went deeper into the company's business model and performance, we found that DUK has some big risks as well. Introduction

ByJon Parepoynt:With the merger of Progress Energy now complete, Duke Energy (DUK) is the largest multi-state holding company of regulated electric and gas utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity and gas to about 7.1 million customers.

ByNick Chiu:3 Utilities Stocks in the regulated electric sector with a low beta will be presented in this article, including Duke Energy Corp (DUK), The Southern Company (SO), and American Electric Power Company, Inc. (AEP).

By Peter Pham:The chief of Duke Energy (DUK), Jim Rogers conveyed his congratulations to Pat McCrory on becoming the governor elect of North Carolina, as the latter not only served at Duke for 28 years but was also the mayor of Charlotte, Duke's hometown, between 1995 and 2009.

By Saibus Research:In June, we analyzed and evaluated Wisconsin Energy (WEC) versus the utility sector powerhouse (no pun intended) Southern Company (SO) in the wake of the Wisconsin gubernatorial recall.

By Qineqt:We are bullish on Duke Energy (DUK) as it is a low risk, high return story. It has an attractive dividend yield of 5.1% and a beta of 0.15. The company also has cheap valuations, reflected in its low forward P/E of 13.75x.