Duke Energy Corporation (Holding Company) · NYSE:DUK
Duke Energy Corporation (Holding Company) — Investor Presentation (May 2017)
15 slides from Duke Energy Corporation (Holding Company)'s investor presentation, May 19, 2017
Slide 1: Spring 2017 Retail Investor Presentation
SPRING 2017 RETAIL INVESTOR PRESENTATION
Slide 2: Safe Harbor statement and Regulation G disclosure
Safe Harbor statement This presentation includes forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed at the end of the presentati
Slide 3: Our investor proposition
Our investor proposition A SOLID LONG-TERM HOLDING 4.1% ~8-10% 4 -6% DIVIDEND YIELD(1) zzz ATTRACTIVE HIGHLY WITH DIVIDEND RISK-ADJUSTED ACHIEVABLE GROWTH TOTAL SHAREHOLDER EPS GROWTH COMMITMENT(2) RETURN(3) THROUGH 2021(4) SUPPORTED BY THE STRENGTH OF OUR BALANCE SHEET (1) As of May 18, 2017 (2) 4-
Slide 4: A large scale, highly regulated energy infrastructure company
Duke Energy – A large scale, highly regulated energy infrastructure company HEADQUARTERED IN ELECTRIC UTILITIES CHARLOTTE, NC & INFRASTRUCTURE Operating in six constructive jurisdictions, with attractive allowed ROE’s, serving 7.5 million retail customers Below average customer rates (1) Balan
Slide 5: Complementary businesses with strong growth opportunities
Complementary businesses with strong growth opportunities ELECTRIC UTILITIES 2017 ADJUSTED 2017-2021 2017 – 2021 & INFRASTRUCTURE EPS CONTRIBUTION(1) GROWTH CAPITAL ADJUSTED EPS CAGR(1) Consolidated 4-6% 89% $30 B 8-12% 10-12% GAS UTILITIES & INFRASTRUCTURE 8% $6 B 4-5% COMMERCIAL RENEWABLES 3% $1 B
Slide 6: Advancing our strategic vision
Advancing our strategic vision TRANSFORM THE CUSTOMER EXPERIENCE MODERNIZE THE GENERATE EXPAND NATURAL GAS ENERGY GRID CLEANER ENERGY INFRASTRUCTURE STAKEHOLDER ENGAGEMENT SPRING 2017 - RETAIL INVESTOR PRESENTATION 6
Slide 7: Building a smarter energy future
Building a smarter energy future TARGETED UNDERGROUNDING MODERNIZE THE ENERGY GRID SELF- TRANSMISSION OPTIMIZATION IMPROVEMENTS $10 B OF GRID INVESTMENTS OVER 5 YEARS DISTRIBUTION ENTERPRISE HARDENING & SYSTEM UPGRADES RESILIENCY #1 DUKE’S T&D SYSTEM IS LARGEST IN THE U.S. WITH OVER 300K LINE MILES
Slide 8: Our generation investments result in significantly reduced emissions
Our generation investments result in significantly reduced emissions FUEL DIVERSITY (MWh OUTPUT) GENERATE 28% CLEANER ENERGY 34% 61% 28% 35% 40% CO2 REDUCTION 5% BY 2030(1) FROM 2005 LEVELS 34% 28% 32% 2% 4% 9% 2005(2) 2016(2) 2026(3) Coal / Oil Natural Gas Nuclear Hydro, Wind & Solar (1) 2030 carbo
Slide 9: Scale and expertise from a decade of commercial renewables growth
Scale and expertise from a decade of commercial renewables growth BUILDING SCALE SINCE ENTERING COMMERCIAL RENEWABLES SPACE IN 2007… Invested more than $5 billion over Wind MW the past 10 years 2,893 Solar MW 2,350 Long-term power purchase agreements with creditworthy 1,575 1,601 1,671 GENERATE
Slide 10: Expanding natural gas infrastructure with LDCs and midstream growth
Expanding natural gas infrastructure with LDCs and midstream growth LOW VOLUMETRIC ATLANTIC COAST PIPELINE EXPOSURE DUE TO MOSTLY TO BRING SIGNIFICANT GAS FIXED MARGINS… SUPPLY TO UNDERSERVED 8% EASTERN CAROLINAS 14% Additional power generation potential LDC expansion for Piedmont Natural EXPAND
Slide 11: Dividend growth and payout
91 years of consecutive quarterly cash dividends paid 70 - 75% DUK ANNUALIZED DIVIDEND PER SHARE(2) EXPECTED PAYOUT RATIO THROUGH 2021(1) 4 - 6% ANNUAL DIVIDEND GROWTH $2.88 $2.94 $3.00 $3.06 $3.12 $3.18 $3.30 $3.42 ~75% 2009 2010 2011 2012 2013 2014 2015 2016 2017E (3) OF TSR ACHIEVED THROUGH DIVID
Slide 12: Our investor proposition
Our investor proposition A SOLID LONG-TERM HOLDING 4.1% ~8-10% 4 -6% DIVIDEND YIELD(1) zzz ATTRACTIVE HIGHLY WITH DIVIDEND RISK-ADJUSTED ACHIEVABLE GROWTH TOTAL SHAREHOLDER EPS GROWTH COMMITMENT(2) RETURN(3) THROUGH 2021(4) SUPPORTED BY THE STRENGTH OF OUR BALANCE SHEET (1) As of May 18, 2017 (2) 4-
Slide 13: For additional information on Duke Energy
For additional information on Duke Energy, please visit: www.duke-energy.com/investors 13
Slide 14: Safe Harbor statement
Safe Harbor statement Safe Harbor statement This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on management’s beliefs and assumptions and can o
Slide 15: Non-GAAP Reconciliations
Duke Energy Corporation Non-GAAP Reconciliations Spring 2017 Retail Investor Presentation May 19, 2017 Adjusted Diluted EPS Outlook The materials for Duke Energy Corporation’s (Duke Energy) Spring 2017 Retail Investor Presentation on May 19, 2017, include a reference to the forecasted 2017 adjusted