BNET Industries
Market Cap:$10.7B
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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Former Calyon analyst joins East Shore Partners, launches utility platform
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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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Two PSC staffers resign as nuclear plant weighed
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ABB Instrument Transformers to Support Progress Energy Smart Grid Project
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ABB Instrument Transformers To Support Progress Energy Smart...
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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. - 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 to Replace Coal Units
Seeking Alpha
- 2009-10-08
Zacks.com submits: On October 1, 2009, the North California Utilities Commission (NCUC) approved Progress Energy Carolinas' plan to build new a natural gas-fueled power generation plant in Wayne County. The commission approved a certificate of public convenience and necessity for Progress Energy Carolinas' proposed 950-megawatt MW combined-cycle power...
More Smart Grid Stimulus Applications: Progress Energy, NV Energy, Tacoma Power
Seeking Alpha
- 2009-08-14
Greentech Media submits: By Jeff St. John Just because the deadline for applying for Department of Energy smart grid stimulus funds has passed doesn't mean utilities seeking the funds can't announce they've done so after the fact. by Greentech Media
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. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-04
Progress Energy, Inc. PGN Q2 2009 Earnings Call Transcript August 4, 2009 11:00 am ET
Stocks Going Ex-Dividend in July
Seeking Alpha
- 2009-07-05
Stockerblog submits: If you want to try the stock trading technique called 'Buying Dividends,' which is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend, there are...
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: Dividend Concerns
Seeking Alpha
- 2009-04-13
Dividends4Life submits: This article originally appeared on The DIV-Net April 6, 2009. Linked here is a detailed quantitative analysis of Progress Energy, Inc. PGN. Below are some highlights from the above linked analysis: by Dividends4Life
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...
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