Energy Companies Announce Quarterly Financial Results and Revised Agreements - Research Report on NextEra Energy, Duke Energy,

Energy Companies Announce Quarterly Financial Results and Revised Agreements -
Research Report on NextEra Energy, Duke Energy, PPL, American Electric Power,
                               and FirstEnergy

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, August 23, 2013

NEW YORK, August 23, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting NextEra
Energy, Inc. (NYSE: NEE), Duke Energy Corporation (NYSE: DUK), PPL Corporation
(NYSE: PPL), American Electric Power Co., Inc. (NYSE: AEP), and FirstEnergy
Corp. (NYSE: FE). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

NextEra Energy, Inc. Research Report

On July 30, 2013, NextEra Energy, Inc. (NextEra) reported Q2 2013. Net income
on a GAAP basis was $610 million, or $1.44 per share, in Q2 2013, compared
with $607 million, or $1.45 per share, in Q2 2012. On an adjusted basis,
NextEra's earnings totaled $620 million, or $1.46 per share, in Q2 2013,
compared with $527 million, or $1.26 per share, in Q2 2012. Commenting on the
results, NextEra's President and CEO, Jim Robo said, "NextEra Energy delivered
strong results during the second quarter of 2013 with both of our major
businesses performing well. At Florida Power & Light Company, earnings growth
was driven by increased investment in the business that enhances an already
excellent value proposition for our customers. I am especially pleased that we
completed the modernization of our Cape Canaveral plant under budget and ahead
of schedule." The Full Research Report on NextEra Energy, Inc. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-02/NEE ]

--

Duke Energy Corporation Research Report

On August 1, 2013, Duke Energy Corporation's (Duke Energy) subsidiary, Duke
Energy Florida (Duke Florida) announced that it has filed a modified
settlement agreement with the Florida Public Service Commission (FPSC) that
facilitates long-term clarity for Florida customers, the Company and other key
stakeholders. The revised settlement was developed in collaboration with the
Office of Public Counsel and other consumer advocates, and contains provisions
related to the Crystal River 3 nuclear plant (CR3), the proposed Levy nuclear
project, the Crystal River 1 and 2 coal units, and future generation needs in
Florida. Alex Glenn, Duke Energy State President of Florida, said, "The
revised agreement represents an effective balance between moderating rate
impacts to customers, providing clarity on recovery of past investments and
allowing us to move forward with planning for Florida's energy future." The
Company also reported that the revised settlement agreement is subject to
review and approval of the FPSC, which is expected by the end of 2013. The
Full Research Report on Duke Energy Corporation - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.InvestorsReports.com/report/2013-08-02/DUK ]

--

PPL Corporation Research Report

On August 1, 2013, PPL Corporation (PPL) reported its Q2 2013 and H1 2013
financial results. During the quarter, the Company posted total operating
revenue of $3.5 billion, up 35.3% YoY. Net income attributable to PPL
shareowners was $405 million, or $0.63 per diluted share, in Q2 2013, compared
with $271 million, or $0.46 per diluted share, in Q2 2012. During H1 2013,
PPL's reported a decline of 11.3% in total operating revenues of $5.9 billion;
while earnings came in slightly higher at $818 million, or $1.28 per diluted
share, compared with $812 million, or $1.39 per diluted share, in H1 2012.
Commenting on the results, William H. Spence, PPL's Chairman, President and
CEO said, "We continue to see solid earnings growth from our three regulated
business segments, and our competitive energy supply business is managing its
operations effectively. Our strong performance through the first two quarters
and our expectations for the balance of the year give us confidence to
increase our 2013 earnings forecast." The Full Research Report on PPL
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-02/PPL ]

--

American Electric Power Co., Inc. Research Report

On July 25, 2013, American Electric Power Co., Inc. (AEP) reported Q2 2013
GAAP earnings of $338 million or $0.69 per share, compared with $362 million
or $0.75 per share, in Q2 2012. Non-GAAP operating earnings totaled $357
million or $0.73 per share, in Q2 2013, compared to $370 million or $0.77 per
share, in Q2 2012.

Nicholas K. Akins, President and CEO of AEP commented, "We are executing well
on our earnings growth strategy. We continue to successfully direct
significant investments to our regulated infrastructure for the benefit of our
customers. The strong results from our regulated businesses, including
transmission, are offsetting some of the negative earnings impacts from the
transition to competition in Ohio." The Full Research Report on American
Electric Power Co., Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-02/AEP ]

--

FirstEnergy Corp. Research Report

On August 6, 2013, FirstEnergy Corp. (FirstEnergy) announced its Q2 2013
financial results. FirstEnergy reported a 6.3% YoY decline in revenues to $3.5
billion during the quarter. On a GAAP basis, the Company reported net loss of
$164 million, or $0.39 per basic and diluted share, compared with net income
of $188 million, or $0.45 per basic and diluted share during Q2 2012.
Commenting on the quarterly performance and the future outlook of the Company,
Anthony J. Alexander, FirstEnergy President and CEO said, "These solid second
quarter results are in line with our expectations, and we are reaffirming our
2013 non-GAAP earnings guidance range of $2.85 to $3.15 per share." The Full
Research Report on FirstEnergy Corp. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.InvestorsReports.com/report/2013-08-02/FE]

----

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