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Progress Energy, Inc. Business Reports

Progress Energy, Inc. Overview

Address

410 S. Wilmington St. Raleigh, 
NC 27601 United States
Phone: 919-546-6111
Fax:919-546-2920

Progress Energy, Inc. Rankings

#240 in FORTUNE 500 (May 2011) 
#S&P 500 
#240 in FORTUNE 1000 (May 2011)

Company Description

Without progress, millions of people would be without energy. Progress Energy provides electricity to 3.1 million customers. It serves customers in North and South Carolina, through utility Carolina Power & Light (dba Progress Energy Carolinas), and in Florida, through Florida Power (or Progress Energy Florida). The company generates most of its energy from nuclear and fossil-fueled plants and has a total capacity of more than 22,000 MW. Progress Energy has been seeking to improve its operational efficiency while expanding its alternative energy power sources in order to reduce its greenhouse gas emissions. In 2011 the company agreed to be acquired by Duke Energy for $13.7 billion.

Progress Energy, Inc. Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.
  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.
  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up tp speed on a company's history.
  • Key People

    Uncover the roles and responsiblities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Electric Power Generation Industry Report
  • Professional Services Sector Industry Report
  • Solar Power Generation Industry Report
  • Business Services Sector Industry Report
  • Electric Power Transmission, Distribution & Marketing Industry Report
  • Engineering Services Industry Report

Electric Power Generation Industry Report

Purchase Report
 
$129

Overview

The US electric power generation industry consists of about 480 companies with combined annual revenue of about $120 billion. Major companies include American Electric Power, AES, Dominion Resources, Duke Energy, and Exelon. The industry is highly concentrated: the 50 largest companies account for about 85 percent of revenue.

SIC: 4911

NAICS: 221119, 221113, 221112, 221111

 

Sample Questions & Answers

How do fuel price fluctuations affect the company's revenue?

Many power companies use natural gas, which is subject to significant price swings, to generate much of their power. To minimize the volatility of natural gas prices, utilities try to negotiate long-term contracts. Coal prices are relatively stable,...

 

How is climate change legislation affecting the company's operations?

Possible climate change legislation has become a deciding factor in the type of fuel that new power plants will use. Coal and natural gas will continue to be the fuels of choice in the short term, but other fuels will gain popularity. More than half...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.
    • Trends & Opportunies

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
    • Call Preparation Questions

      Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
    • Industry Forecast

      Identify growth and integrate projections in your own business planing.
    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.
    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Electric Power Generation Industry Report

    Purchase Report
     
    $129

    Professional Services Sector Industry Report

    Purchase Report
     
    $129

    Overview

    The US professional services industry includes about 770,000 firms with combined annual revenue of more than $1 trillion. Major firms include Booz Allen Hamilton, Computer Sciences Corporation (CSC), Gensler, IBM, Jacobs Engineering Group, Omnicom, PricewaterhouseCoopers, and Skadden, Arps, Slate, Meagher & Flom. The industry is highly fragmented: the 50 largest firms account for less than 20 percent of revenue.

    SIC: 8743, 8999, 0781, 0741, 7335, 4731, 5199, 6541, 7221, 7291, 7311, 7312, 7313, 7319, 7331, 8742, 7336, 7361, 7371, 7373, 7376, 7379, 7389, 7819, 8111, 8711, 8712, 8713, 8721, 8731, 8732, 8734, 8741

    NAICS: 541940, 541990, 541110, 541120, 541191, 541199, 541211, 541213, 541214, 541219, 541310, 541430, 541490, 541511, 541512, 541513, 541519, 541611, 541612, 541613, 541614, 541618, 541620, 541690, 541711, 541712, 541720, 541810, 541820, 541830, 541840, 541850, 541860, 541870, 541890, 541910, 541921, 541922, 541930, 541320, 541330, 541340, 541350, 541360, 541370, 541380, 541410, 541420

     

    Sample Questions & Answers

    How does the firm adapt to lower demand during economic slowdowns?

    Many corporate customers cut outside expenses or delay major projects when profits are low. The revenue of many professional firms dropped during the late 2000s recession; particularly hard-hit were advertising, engineering, and IT services firms.

     

    How does the firm mitigate the risk that customers will sue?

    Because of the greater involvement of professional firms in the operations of corporate customers, firms face greater risk of blame or liability if their advice proves faulty. Customers are quicker to blame advisers, and regulators are more likely to...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.
      • Trends & Opportunies

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
      • Call Preparation Questions

        Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
      • Industry Forecast

        Identify growth and integrate projections in your own business planing.
      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.
      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Professional Services Sector Industry Report

      Purchase Report
       
      $129

      Solar Power Generation Industry Report

      Purchase Report
       
      $129

      Overview

      The US solar power generation industry includes about 230 companies that provide a small but growing amount of the nation's electricity. Major companies include independent producers NextEra Energy Resources and NRG Energy, as well as utilities such as Pacific Gas and Electric and Florida Power & Light (a subsidiary of NextEra Energy). The industry is highly concentrated: the top 10 utilities involved in solar power generation accounted for about 70 percent of the solar utility market in 2010, according to the Solar Electric Power Association (SEPA). Overall, solar energy accounts for less than 1 percent of the energy consumed in the US today.

      SIC: 4911

      NAICS: 221119

       

      Sample Questions & Answers

      What technologies will allow solar electricity generation to become cost-competitive with fossil fuels?

      Despite increased funding and rapidly evolving technology, solar energy accounts for less than 1 percent of the energy consumed in the US today. Fossil fuels, by contrast, account for about 80 percent of US energy consumption. Even among renewable...

       

      How do government subsidies impact the company's projects?

      As with other forms of alternative energy, the health of the solar industry depends on government subsidies. Currently, the investment tax credit (ITC), state renewable portfolio standards (RPS), and a combination of residential and commercial tax...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.
        • Trends & Opportunies

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
        • Call Preparation Questions

          Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
        • Industry Forecast

          Identify growth and integrate projections in your own business planing.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.
        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Solar Power Generation Industry Report

        Purchase Report
         
        $129

        Business Services Sector Industry Report

        Purchase Report
         
        $129

        Overview

        The US business services sector consists of about 340,000 companies with combined annual sales of about $580 billion. Major companies include staffing services providers Manpower and Kelly Services; facilities service companies ABM Industries and Rollins Inc; and solid waste handlers Waste Management and Republic Services. Other major companies in the sector include office administrative service firms such as Automatic Data Processing and Iron Mountain; ADT Security Services, and the travel division of American Express. The business services sector is highly fragmented: the 50 largest companies account for less than 25 percent of sector revenue.

        SIC: 0782, 7359, 1799, 4212, 4581, 4724, 4725, 7363, 7381, 7389, 7699, 8741, 8744, 9223, 1731, 7338, 7334, 7323, 7322, 7217, 4959, 4953, 4729

        NAICS: 561599, 561611, 561612, 561613, 561621, 561622, 561710, 561720, 561730, 561740, 561790, 561910, 561920, 561990, 562111, 562112, 562119, 323114, 323115, 561110, 561210, 561311, 561312, 561320, 561330, 561410, 561421, 561422, 561431, 561439, 561440, 561450, 561491, 561492, 561499, 561510, 561520, 561591, 562211, 562212, 562213, 562219, 562910, 562920, 562991, 562998, 922140

         

        Sample Questions & Answers

        What is the company's key driver of demand?

        Most providers of business services are dependent on corporate spending. Some business services suppliers can experience dramatic drops in demand during economic recessions when many businesses are struggling. Because businesses can cut back on...

         

        How does the company differentiate itself from the competition?

        For many types of business services the amount of capital investment required for startup is relatively low, resulting in intense competition among small companies. With a small investment, an individual can offer landscaping, pest control, travel,...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.
          • Trends & Opportunies

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
          • Call Preparation Questions

            Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
          • Industry Forecast

            Identify growth and integrate projections in your own business planing.
          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.
          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Business Services Sector Industry Report

          Purchase Report
           
          $129

          Electric Power Transmission, Distribution & Marketing Industry Report

          Purchase Report
           
          $129

          Overview

          The US electric power transmission and distribution (electric energy distribution) industry includes about 1,200 companies with combined annual revenue of about $450 billion. Major companies include American Electric Power, Exelon, NextEra Energy, Pacific Gas & Electric, and Southern Company. The industry is highly concentrated: the 50 largest companies account for more than 80 percent of revenue.

          SIC: 4911

          NAICS: 221122, 221121

           

          Sample Questions & Answers

          How do economic shifts in the company's service area impact energy demand?

          Although some portions of electricity demand, such as for residential and commercial use, tend to increase steadily, US industrial use varies with the level of economic activity. However, in the recession of the late 2000s, even though residential...

           

          How are changes in regulation impacting the company?

          In most markets, the rates electricity distributors can charge are regulated by state public utility commissions (PUCs). Rates are usually set to enable the distributor to earn an appropriate ROI, but winning rate increases to reflect higher costs...

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.
            • Trends & Opportunies

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
            • Call Preparation Questions

              Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
            • Industry Forecast

              Identify growth and integrate projections in your own business planing.
            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.
            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Electric Power Transmission, Distribution & Marketing Industry Report

            Purchase Report
             
            $129

            Engineering Services Industry Report

            Purchase Report
             
            $129

            Overview

            The US engineering services industry includes about 60,000 companies with combined annual revenue of about $255 billion. Major companies include URS, Jacobs Engineering, and the engineering divisions of large construction companies such as Fluor and Bechtel. The industry is highly fragmented: the 50 largest firms account for about 35 percent of industry revenue.

            SIC: 7389, 8711

            NAICS: 541330, 541340, 541712

             

            Sample Questions & Answers

            How does the firm adapt to cyclical demand?

            Demand in major engineering fields such as construction and industrial process design depends heavily on the health of the US economy. During economic slowdowns, engineering firms are disproportionately hurt. For example, during the late 2000s...

             

            How accurately does the firm estimate costs?

            Project cost overruns are a primary cause of financial distress for engineering companies. Some firms have incurred heavy losses from underestimating costs, forcing them to divest business units or file for bankruptcy. In addition to paying for cost...

             

            To read this full Call Prep Question and others, purchase the full report.

             

            General Report Description

            Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

             

            Sections Included in Report

            • Industry Overview
            • Quarterly Industry Update
            • Business Challenges
            • Trends and Opportunities
            • Call Preparation Questions
            • Financial Information
            • Industry Forecast
            • Website and Media Links
            • Glossary of Acronyms

              Industry Report Highlights:

              • Recent Developments

                Stay up to date on crucial industry news that may affect your strategy.
              • Trends & Opportunies

                Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
              • Call Preparation Questions

                Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
              • Industry Forecast

                Identify growth and integrate projections in your own business planing.
              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
              • Executive Insight

                Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
              • Financial Information

                Increase your credibility and support your presentations by adding verifiable industry metrics.
              • Web Links & Acronyms

                Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

              Engineering Services Industry Report

              Purchase Report
               
              $129

              Progress Energy, Inc.  Overview

              Top 3 Competitiors

              Company: Alliance for Cooperative Energy Services Power Marketing LLC
              Location: Carmel, IN

              Company: American Electric Power Company, Inc.
              Location: Columbus, OH

              Company: ALLETE, Inc.
              Location: Duluth, MN

              Industries where Progress Energy, Inc. Competes

              Electric Utilities
              Read More

              Business Services Sector
              Read More

              Architectural & Engineering Services
              Read More

              Alternative Power Generation
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              Electric Power Distribution
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              Electric Power Transmission
              Read More

              Competitive Landscape Brief

              Demand depends heavily on the health of the US economy, including corporate profits and local government budgets. The profitability of individual companies depends on accurate project bids and efficient operations. Large companies have advantages in their ability to engage in multiple projects simultaneously and in many types of construction. Small companies can compete effectively by specializing, working in a limited geography, or serving as subcontractors on larger projects. The industry is capital-intensive: average annual revenue per worker is more than $350,000. The commercial construction industry is intensely competitive, with companies ranging from small private firms to multi-billion dollar companies. Barriers to entry are low, since large upfront capital expenditures are not necessary. Most companies work locally, but large firms work nationally and some, internationally. The largest firms can have up to 75 percent of their projects outside the US, and must therefore establish offices in countries where demand or regulations require a business presence.

              Progress Energy, Inc. Competitive Landscape

              Purchase Report
               
              $69

              Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

               

              Sections Included in Report

              • Key Numbers
              • Profitability
              • Valuation
              • Operations
              • Financial Ratios
              • Per Share Data ($)
              • Growth Statistics
              • *Data provided for 3 to 30 competitors

                Company Landscape Report Highlights

                • Competitors List

                  Identify specific primary and secondary competitors, allowing you evaluate the chances of sucessfully introducing new products.
                • Competive Landscape

                  Acess detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

                Competitive Landscape Report

                Purchase Report
                 
                $69

                Progress Energy, Inc. Overview

                Address

                410 S. Wilmington St. Raleigh, 
                NC 27601 United States
                Phone: 919-546-6111
                Fax:919-546-2920

                Progress Energy, Inc. Rankings

                #240 in FORTUNE 500 (May 2011) 
                #S&P 500 
                #240 in FORTUNE 1000 (May 2011)

                Company Description

                Without progress, millions of people would be without energy. Progress Energy provides electricity to 3.1 million customers. It serves customers in North and South Carolina, through utility Carolina Power & Light (dba Progress Energy Carolinas), and in Florida, through Florida Power (or Progress Energy Florida). The company generates most of its energy from nuclear and fossil-fueled plants and has a total capacity of more than 22,000 MW. Progress Energy has been seeking to improve its operational efficiency while expanding its alternative energy power sources in order to reduce its greenhouse gas emissions. In 2011 the company agreed to be acquired by Duke Energy for $13.7 billion.

                Progress Energy, Inc. Spotlight on IT

                Purchase Report
                 
                $300

                Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

                 

                Sections Included in Report

                • Company Overview
                • IT Strategy
                • IT Highlights
                • IT Executives
                • IT Contacts
                • Recent News and Activity
                • Conversation Starters
                • Industry Data
                • Major Subsidiaries and Locations

                  Information Technology Report Highlights

                  • Company Overview

                    Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.
                  • IT Highlights

                    Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.
                  • IT Contacts

                    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't wast time talking to the wrong contact.
                  • Conversation Starters

                    Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparatiion question (with answers).
                  • Major Subsidiaries & Locations

                    Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.
                  • Business Challenges

                    Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
                  • IT Strategy

                    Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.
                  • IT Executives

                    Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.
                  • Recent News & Activity

                    Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.
                  • Industry Data

                    Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.