PPL Corporation Corporate Unit (PPLC) Research

PPL Corporation, an energy firm, is actively involved in the generation, transmission, and distribution of electricity. Its operations are structured into three distinct regulated divisions: Kentucky, Pennsylvania, and Rhode Island. The Kentucky Regulated division encompasses the regulated power generation, transmission, and delivery activities of Louisville Gas and Electric Company and Kentucky Utilities Company (collectively known as LKE). Additionally, this segment manages the regulated supply and distribution of natural gas for Louisville Gas and Electric Company. In Rhode Island, the regulated segment, overseen by RIE, primarily focuses on the transmission and distribution of electricity, alongside the regulated distribution and sale of natural gas. Conversely, the Pennsylvania Regulated segment, operating through PPL Electric Utilities Corporation, specifically handles the regulated transmission and distribution of electricity. Established on June 4, 1920, the company maintains its corporate headquarters in Allentown, Pennsylvania.

Market snapshot

Symbol
PPLC
Price
$47.94
Day change
-0.50%
Market cap
$35.6B
P/E ratio
29.56x
52-week range
46.99-52.57
Sector
Utilities
Industry
Regulated Electric
Next earnings
in 1 month

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