5 Biggest Energy Companies in the US

In this piece, we will take a look at the five biggest energy companies in the U.S. For more companies, head on over to 17 Biggest Energy Companies in the U.S.

5. Duke Energy Corporation (NYSE:DUK)

Market Capitalization as of December 23, 2022: $79.3 billion

Duke Energy Corporation (NYSE:DUK) is an electricity, gas, and renewable energy company that is headquartered in Charlotte, North Carolina. The firm has more than 50,000 megawatts of electricity generation capacity – which is one of the largest in the U.S.

Duke Energy Corporation (NYSE:DUK) is expanding its renewable energy production capacities, and the firm announced in November 2022 that it is building a wind power plant in Mississippi that will be able to generate 100 megawatts of electricity. The project is expected to be commercialized in 2023.

Insider Monkey scanned 920 hedge fund portfolios to discover that 33 had bought Duke Energy Corporation (NYSE:DUK)’s shares in Q3 2022.

Duke Energy Corporation (NYSE:DUK)’s largest investor is Jim Simons’ Renaissance Technologies which owns 790,812 shares that are worth $73 million.