Progress Energy, Inc.

Progress Energy, Inc. is among the world’s largest Electric Utilities sector businesses in the world. Progress Energy, Inc.’s employees generate $801.0M in profits on $9.681B of revenue. Global output in the Electric Utilities business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Progress Energy, Inc. is determined to remain a market leader. Sectoral leadership in the Electric Utilities segment takes dedication and consistency, but management seeks out-sized growth.

Progress Energy, Inc.’s ticker symbol PGN has recently been trading near $46.05 a share. The Progress Energy, Inc. corporate headquarters in Raleigh NC predicts Electric Utilities profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $11.874B ensures sufficient liquidity. With a beta of 0.56, the company is less volatile than the market as a whole. When the average equity moves lower, Progress Energy, Inc. moves less aggressively.