BNET Industries
Market Cap:$11.6B
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
(919) 546-6111
Peer Companies
NAICS Code Electric Bulk Power Transmission and Control: 221121
Recent Events
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New Bern Solar Project Will Harness The Sun's Energy From Warehouse Rooftop
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Progress to buy New Bern solar power
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Progress Energy holds firm on dividend
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East Shore Partners Inc. maintains Progress Energy at 'buy'
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Progress Energy Gets Help with Electric Efforts
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Progress, Duke win energy grants
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Progress Energy Q3 net earnings down
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Piedmont Natural Gas Announces Plans to Provide Natural Gas Service to Progress Energy...
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Duke's Electric Vehicle Future
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BRIEF-Blackmont Capital starts coverage of five Intermediate Oil and Gas Producers
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Areva signs nuclear-services deal with Progress Energy
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Council decreasesWEU’s power rates
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Progress Energy elects Patriot CEO Baker to board
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Progress Energy Elects John Baker To Board - Quick Facts
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The Rating Game
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Progress Energy Carolinas, MP2 Capital to build solar array in North Carolina
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Solar Power Plant Proposed for Laurinburg
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It's been a long time coming: Growth state is shrinking
News & Analysis
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progress energy inc. and seeking alpha - All News and Analysis
Progress Energy, Inc. 3Q09 (Qtr End 9/30/09) Earnings Call Transcript
Seeking Alpha
- 2009-10-30
Question-and-Answer SessionOperator Operator Instructions We’ll go first to Ashar Khan with Incremental Capital. Ashar Khan – Incremental Capital Good morning, how are you doing? William Bill D. Johnson Good morning, Ashar. Mark F. Mulhern Good morning. Ashar Khan – Incremental Capital The way I heard...
Progress Energy, Inc. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-04
Question-and-Answer SessionOperator Thank you. The question-and-answer session will be conducted electronically. Operator instructions We will take our first question from Michael Worm with BMO brokerage. Please go ahead. Michael Worm - BMO Capital Markets Good morning everyone. Bill Johnson Good morning Michael. Michael Worm - BMO Capital Markets Just...
Progress Energy Inc. Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-05-05
Question-and-Answer SessionOperator Operator Instructions. Our first question will come from Jonathan Arnold with Merrill Lynch. Jonathan Arnold - Merrill Lynch Quick question now. Can you just give us a sense of how you would rate the prospects of potentially settling the Florida case? And what timeline that might be...
Progress Energy Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-02-12
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from Jonathan Arnold - Merrill Lynch. Jonathan Arnold - Merrill Lynch Just a quick question. I must apologize if I missed this but could you be a little more specific about what you’ve assumed in your guidance...
Progress Energy Inc. Q3 2008 Earnings Conference Call Transcript
Seeking Alpha
- 2008-10-31
Question-and-Answer SessionThank you. The question-and-answer session will be conducted electronically today. [Operator Instructions]. And we'll take our first question from Dan Eggers from Credit Suisse. Daniel Eggers - Credit Suisse Hey, good morning. Bill I guess I know that guidance won't come into January, but if we were to...
Board and Executive Compensation in S&P 500
Seeking Alpha
- 2008-08-06
Richard Shaw QVM Group submits: Executive compensation and board largess with high paid executives is a hot topic recently. That spurred us to look comprehensively at some factual comparative data on the total cost of boards of directors and top executive teams among the S&P 500 companies (proxy SPY...
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Glass Door
Progress Energy
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