PPL Corporation (PPLC)
PPL Corporation operates in the Regulated Electric industry of the Utilities sector, headquartered in Allentown, PA, US. The stock last traded at $47.06, up 0.53% on the session, giving a market capitalisation of $34.95B. On trailing twelve-month figures it carries a trailing P/E of 27.68, a net margin of 13.5%. Its beta of 0.59 implies it has historically moved less than the broad market.
PPL Corp. engages in the generation, transmission and distribution of electricity. It operates through the following segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The Kentucky Regulated segment consists of LKE's regulated electricity generation, transmission and distribution operations of Louisville Gas and Electric Company and Kentucky Utilities Company as well as regulated distribution and sale of natural gas of Louisville Gas and Electric Company. The Rhode Island Regulated segment primarily consists of regulated electricity transmission and distribution operations and regulated distribution and sale of natural gas conducted by RIE. The Pennsylvania Regulated segment consists of the regulated electricity transmission and distribution operations of PPL Electric Utilities Corporation. The company was founded on June 4, 1920 and is headquartered in Allentown, PA.