Sizzling Mover Update: Duke Energy Corporation (NYSE:DUK)

On Friday, Duke Energy Corporation (NYSE:DUK) shares price traded between $94.32 and $95.44 during the last trading session upbeat/downbeat with +0.83% at $95.27. Over the one year trading period, the stock has a peak price of $95.70 and its down is recorded at $78.00.

Duke Energy (DUK) recently reported that AT&T has signed a 15-year, 160-megawatt (MW) virtual power purchase contract (VPPA) for Frontier Windpower II. Duke Energy Renewable is building the 350-MW Frontier II in Kay County, Okla.

Ball Corporation before reported its commitment to Frontier II with a 15-year VPPA for 161 MW of the project.

The project is an expansion of Frontier Windpower, which has been operational since 2016. Once complete, Frontier I and II will generate a total of 550 MW of wind energy – enough to power about 193,000 homes.

“Frontier II will deliver clean energy for Oklahoma and important economic benefits to the area,” stated Rob Caldwell, president of Duke Energy Renewable. “We’re happy to be working with AT&T and Ball Corporation on the Fro

DUK return on assets ratio of the Company was 2.20% and return on equity ratio was 7.50% while its return on investment ratio was 4.20%. The stock price switched up 2.17% 20-Days Simple Moving Average added 5.22% from 50-Days Simple Moving Average and rose 7.18% from 200 Days Simple Moving Average.

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