Duke Energy said it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash.

Duke Energy has reported $985 million in profits in its Q2 2025 financial report, driven by rate increases and development ...

Duke Energy announced this morning that it is selling Piedmont Natural Gas to Spire Inc. (Spire) for nearly $2.5 billion.

The acquisition, pending regulatory approvals, will result in the creation of a new business unit, Spire Tennessee.

Duke Energy announced big profits during this week’s quarterly earnings call. The presentation comes on the heels of new ...

U.S. power company Duke Energy will boost its infrastructure investments to $87 billion to meet soaring electricity demand, ...

Duke Energy agreed to sell its Tennessee Piedmont Natural Gas business to Spire Inc. for $2.5 billion. The agreement includes nearly 3,800 miles of distribution and transmission pipelines and a ...

Duke Energy agreed to sell its Piedmont Natural Gas Tennessee local distribution company business to Spire for $2.48B in cash ...

DUK Price Action: At the time of writing, Duke shares are trading 1.38% higher at $125.88, according to data from Benzinga ...

Duke Energy (NYSE: DUK) today announced it reached an agreement to sell its Piedmont Natural Gas Tennessee local distribution company business for $2.48 billion in cash to Spire Inc. ("Spire") – one ...

Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect ...

Spire Inc. (NYSE: SR) today announced it has entered into an agreement with Piedmont Natural Gas, a wholly-owned subsidiary of Duke Energy (NYSE: DUK), to acquire its Tennessee local distribution ...