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PROGRESS ENERGY (Stock Symbol: PGN)

PGN- Stock Profile


     
Company Name:PROGRESS ENERGY
Stock Ticker (Symbol):PGN
Traded Exchange:New York Stock Exchange
Average Traded Price:$5.60
Average Daily Traded Volume:2,689,300
Started to Trade on:Friday, July 01, 2011

PROGRESS ENERGY Profile

Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power to generate electricity. The company also engages in various alternative energy projects to generate electricity from swine waste and other plant or animal sources, biomass, solar, hydrogen, and landfill-gas technologies. Progress Energy serves various industries, including chemicals, textiles, paper, food, metals, wood products, rubber and plastics, and stone products, as well as phosphate rock mining and processing, electronics design and manufacturing, and citrus and other food processing. It has approximately 22,000 megawatts of regulated electric generation capacity and serves approximately 3.1 million retail electric customers, as well as other load-serving entities. The company was formerly known as CP&L Energy, Inc. Progress Energy, Inc. was founded in 1925 and is headquartered in Raleigh, North Carolina.

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