PPL Corp - Company Profile
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PPL Corp (PPL) is an energy holding company. Through its subsidiaries, LG&E, Kentucky Utilities, and KU Energy, the company generates, transmits, distributes, and sells electricity, and distributes and sells natural gas. The company produces electricity using coal, natural gas, oil, hydro, and solar sources; and procures natural gas from the spot market. PPL also promotes energy-efficiency through energy analysis, rebates, and device installations; and invests in new infrastructure and energy-efficient technology solutions. It serves residential, commercial, industrial, and other customers in the US. PPL has electricity generation plants in Kentucky, the US. PPL is headquartered in Allentown, Pennsylvania, the US.
Headquarters
United States of America
Address
Two N Ninth St, Allentown, Pennsylvania, 18101-1179
Website
www.pplweb.com
Telephone
1 610 7745151
No of Employees
6,629
Industry
Power
Ticker Symbol & Exchange
PPL (NYSE)
Revenue (2022)
$8.3B
5.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-2.1%
(2022 vs 2021)
Market Cap*
$19.6B
Net Profit Margin (2022)
XYZ
-7.0%
(2022 vs 2021)
* As of and is in US$
PPL Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Transmission and Distribution |
| Natural Gas | Natural Gas Distribution and Sales |
| Energy Efficiency | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Regulatory Approval | In April, Rhode Island Energy secured approval from the Rhode Island Public Utilities Commission to enhance the safety of electric and gas networks. |
| 2024 | Contracts/Agreements | In March, PPL Electric Utilities entered into a US$9 million agreement to sell its 2 North Ninth St. Tower Building and office complex to D&D Realty Group. |
| 2024 | Contracts/Agreements | In February, the company and its research partners were selected by the U.S. Department of Energy Office of Clean Energy Demonstrations for US$72 million research grant for a carbon dioxide capture research and development project. |
Competitor Comparison
| Key Parameters | PPL Corp | American Electric Power Co Inc | Consolidated Edison Inc | Dominion Energy Inc | Xcel Energy Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Allentown | Columbus | New York | Richmond | Minneapolis |
| State/Province | Pennsylvania | Ohio | New York | Virginia | Minnesota |
| No. of Employees | 6,629 | 17,250 | 14,592 | 17,700 | 12,100 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Craig A. Rogerson | Chairman | Executive Board | 2021 | 66 |
| Vincent Sorgi | Director; Chief Executive Officer; President | Executive Board | 2020 | 51 |
| Joseph P. Bergstein, Jr. | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 52 |
| Francis X. Sullivan | Executive Vice President; Chief Operating Officer | Senior Management | 2023 | - |
| Wendy E. Stark | Executive Vice President; Chief Legal Officer; General Counsel; Secretary | Senior Management | 2021 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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