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Progress Energy, Inc., together with its subsidiaries, 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 resources, as well as various alternative energy resources, including swine waste and other plant or animal sources, solar, hydrogen, biomass, and landfill-gas technologies. The company serves textile, chemical, metal, paper, food, rubber and plastics, wood products, and electronic machinery and equipment sectors, as well as phosphate rock mining and processing, electronics design and manufacturing, and citrus and other food processing sectors. As of December 31, 2008, it had approximately 21,000 megawatts of regulated electric generation capacity and served approximately 3.1 million retail electric customers, as well as other load-serving entities. Progress Energy, Inc. was formerly known as CP&L Energy, Inc. The company was founded in 1925 and is headquartered in Raleigh, North Carolina.

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Key Statistics

Closing Price	53.63
Volume	(mio) 1.03
Volume Avg	(mio) 1.53
52 Week High	56.39
52 Week Low	42.05
PE	27.92
PE (group average)	24
EPS Year	1.94
EPS change Q/Q	44.19%
EPS change Q/Q Yr ago	-7.46%
EPS change Q/Q next Q est	-8.82%
EPS change Y/Y	-6.21%
REV change Q/Q	0%
REV change Q/Q Yr ago	0%
EPS next Q est	0.68
EPS next Y est	3.30
Divident Annual	2.48
Dividend Yield	4.62%