PPL Corporation (PPL)
PPL Corporation operates in the Regulated Electric industry of the Utilities sector, headquartered in Allentown, PA, US. The stock last traded at $34.13, down 0.91% on the session, giving a market capitalisation of $25.68B. On trailing twelve-month figures it carries a trailing P/E of 27.03, a net margin of 13.5%. Its beta of 0.59 implies it has historically moved less than the broad market.
PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company engages in the transmission and distribution of electricity in eastern and central Pennsylvania; generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island; distribution and sale of natural gas in Kentucky and Rhode Island; sale of wholesale electricity in Kentucky; and generation of electricity from power plants in Kentucky. It generates electricity from coal, gas, hydro, and solar sources. The company was formerly known as PP&L Resources, Inc. and changed its name to PPL Corporation in 2000. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
PPL Corporation is most often compared with the following Utilities names: