BNET Industries

Progress Energy Inc.

(PGN) is in the Energy Industry

Market Cap:$10.8B
Last Fiscal Year Sales:$9.1B
  • Public
  • US
Dow Jones Description

Progress Energy, headquartered in Raleigh, N.C., is a Fortune 250 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. The company is observing its 100th anniversary in 2008. Progress Energy includes two major utilities that serve 3.1 million customers in the Carolinas and Florida. The company is the 2006 recipient of the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence. The company also is the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. Progress Energy serves two growing areas of the country, and the company is pursuing a balanced strategy for a secure energy future. That balance includes aggressive energy efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system.

Number of Employees 11,000
Contact Information

410 South Wilmington Street

Raleigh, North Carolina 27601

www.progress-en...

(919) 546-6111

NAICS Code Electric Bulk Power Transmission and Control: 221121

Recent Events

  • East Shore Partners Inc. maintains Progress Energy at 'buy'

    11/24/09 - Bond / Stock Rating - View Story

  • Progress Energy Gets Help with Electric Efforts

    10/31/09 - Licensing / Contract - View Story

  • Progress, Duke win energy grants

    10/28/09 - New Investment - View Story

  • Progress Energy Q3 net earnings down

    11/05/09 - Financial Announcement - View Story

  • Piedmont Natural Gas Announces Plans to Provide Natural Gas Service to Progress Energy...

    10/22/09 - Licensing / Contract - View Story

  • Duke's Electric Vehicle Future

    10/21/09 - Joint Venture / Alliance - View Story

  • BRIEF-Blackmont Capital starts coverage of five Intermediate Oil and Gas Producers

    9/28/09 - Bond / Stock Rating - View Story

  • Areva signs nuclear-services deal with Progress Energy

    9/25/09 - Joint Venture / Alliance - View Story

  • Council decreasesWEU’s power rates

    9/23/09 - Stock Split / Dividend - View Story

  • Progress Energy elects Patriot CEO Baker to board

    9/17/09 - Board Member - Entering - View Story

  • Progress Energy Elects John Baker To Board - Quick Facts

    9/17/09 - Mgmt. Change Entering - Other - View Story

  • Two PSC staffers resign as nuclear plant weighed

    9/10/09 - Bond / Stock Rating - View Story

  • ABB Instrument Transformers to Support Progress Energy Smart Grid Project

    9/08/09 - Licensing / Contract - View Story

  • The Rating Game

    8/15/09 - Merger / Acquisition - View Story

  • Progress Energy Carolinas, MP2 Capital to build solar array in North Carolina

    8/13/09 - Joint Venture / Alliance - View Story

  • Solar Power Plant Proposed for Laurinburg

    8/11/09 - Licensing / Contract - View Story

  • It's been a long time coming: Growth state is shrinking

    8/11/09 - Financial Announcement - View Story

  • Progress Energy Florida names new president and CEO

    6/24/09 - Mgmt. Change Entering - Other - View Story

News & Analysis

call transcript and progress energy inc. - All News and Analysis

advertisement
     PGN $38.80 -0.51 (-1.30% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,777,460
Shares Outstanding 279.00M
Market Cap 10.8B
Year High 40.85
Year Low 31.35
Earnings Per Share 2.96
P/E Ratio 13.11
Dividend 2.48
Yield 6.39
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement