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Dominion Energy, Inc - D STOCK NEWS

Welcome to our dedicated page for Dominion Energy news (Ticker: D), a resource for investors and traders seeking the latest updates and insights on Dominion Energy stock.

Dominion Energy, Inc. (NYSE: D), headquartered in Richmond, VA, is a leading provider of electricity and natural gas, servicing approximately 7 million customers across 13 states. The company's mission is to deliver sustainable, reliable, affordable, and safe energy.

Dominion Energy is committed to achieving net zero emissions of carbon dioxide and methane from its power generation and gas infrastructure operations by 2050. One of the company's most significant recent achievements includes the launch of Charybdis, the United States' first Jones Act-compliant offshore wind turbine installation vessel. This vessel marks a crucial step in the company's Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind farm under construction in the U.S., aimed to generate enough renewable energy to power 660,000 homes by 2026.

Financially, Dominion Energy recently reported a net income of $674 million for the first quarter of 2024. The company continues to provide robust financial guidance, affirming its full-year 2024 operating earnings range of $2.62 to $2.87 per share. Dominion Energy also conducted a tender offer for its 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, reflecting its strategic financial maneuvers to optimize its capital structure.

The company is actively involved in various partnerships and community engagements. It has more than 800 Virginia-based workers engaged in the CVOW project, creating significant local job opportunities and driving economic development.

For the latest updates and detailed information about Dominion Energy, please visit DominionEnergy.com.

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Dominion Energy is offering $1.5 million in environmental grants through its Charitable Foundation, encouraging nonprofits and educational organizations to apply. Since 2003, the foundation has donated nearly $37 million to various environmental projects. Eligible organizations from states like Virginia and North Carolina can seek funding for short-term projects focused on environmental education and habitat preservation. This initiative aims to foster environmental stewardship and improve community resources.

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Dominion Energy (NYSE: D) has announced the redemption of its 2016 Series A 5.25% Enhanced Junior Subordinated Notes due 2076, totaling $800 million in outstanding principal. The redemption is set for August 31, 2021, with a price of 100% of the principal plus accrued interest of $0.109375 per $25. The decision aligns with the company's strategy to optimize its fixed income obligations. The Paying Agent for this transaction is Deutsche Bank Trust Company Americas.

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Dominion Energy Ohio emphasizes the importance of calling 811 before any digging project, in recognition of National 811 Day on August 11. This law mandates notifying Ohio811 to mark underground utility lines, significantly enhancing safety and preventing service interruptions. The service is free and should be used by both professionals and DIYers. Notably, striking utility lines can lead to hazardous situations and expensive repairs, underscoring the need for this precautionary step. Dominion Energy is committed to providing reliable and safe energy to its customers.

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Dominion Energy (NYSE: D) announced significant carbon-reduction goals for its fleet of over 8,600 vehicles as part of its Green Fleet initiative. By 2030, the company aims for 75% of passenger vehicles and 50% of work vehicles to be powered by electricity or cleaner alternatives. All new vehicle purchases will be electric or alternative fuel after 2030. Additionally, Dominion Energy is expanding EV charging infrastructure, enhancing its commitment to sustainability and net zero emissions by 2050.

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Dominion Energy (NYSE: D) reported a net income of $285 million ($0.33 per share) for Q2 2021, a notable recovery from a net loss of $1.2 billion ($1.52 per share) in Q2 2020. Operating earnings stood at $628 million ($0.76 per share), slightly down from $630 million ($0.73 per share) a year earlier. The company reaffirmed its Q3 2021 operating earnings guidance of $0.95 to $1.10 per share and a full-year guidance range of $3.70 to $4.00 per share. Additionally, Dominion plans to discuss detailed financial results in an earnings call today at 10 a.m. ET.

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Dominion Energy's board has declared a quarterly dividend of 63 cents per share, payable on September 20, 2021, to shareholders of record by September 3, 2021. This marks the company's 374th consecutive dividend payment, illustrating its strong commitment to shareholder returns. The previous dividend was announced on May 5, 2021.

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North American Crane Bureau Group (NACB), a subsidiary of ProBility Media Corp (OTCPK: PBYA), has launched a multi-phase contract with Dominion Energy (NYSE: D) and Westlake Petrochemical (NYSE: WLK). Starting in August, the Westlake program focuses on crane operator training, ensuring participants are prepared for NCCER certification, crucial for OSHA compliance. Additionally, the Dominion contract includes various rigging programs at their Columbia, SC facility, preparing participants for NCCER rigger certifications. NACB boasts over 400 safety programs annually and holds significant industry credentials.

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FAQ

What is the current stock price of Dominion Energy (D)?

The current stock price of Dominion Energy (D) is $53.66 as of December 20, 2024.

What is the market cap of Dominion Energy (D)?

The market cap of Dominion Energy (D) is approximately 44.5B.

What is Dominion Energy's primary business?

Dominion Energy provides electricity and natural gas to approximately 7 million customers in 13 states.

Where is Dominion Energy headquartered?

Dominion Energy is headquartered in Richmond, VA.

What are Dominion Energy's sustainability goals?

Dominion Energy aims to achieve net zero carbon dioxide and methane emissions from its operations by 2050.

What recent projects has Dominion Energy undertaken?

Dominion Energy launched the Charybdis offshore wind turbine installation vessel and is working on the Coastal Virginia Offshore Wind (CVOW) project.

How did Dominion Energy perform financially in Q1 2024?

Dominion Energy reported a net income of $674 million for the first quarter of 2024.

What is the Coastal Virginia Offshore Wind (CVOW) project?

The CVOW project is the largest offshore wind farm under construction in the U.S., expected to power up to 660,000 homes once completed.

How many employees are engaged in the CVOW project?

Over 800 Virginia-based workers are engaged in the CVOW project.

Where can I find more information about Dominion Energy?

For more information, visit Dominion Energy's website at DominionEnergy.com.

When will Dominion Energy achieve net zero emissions?

Dominion Energy aims to achieve net zero emissions by 2050.

What is Dominion Energy's stock symbol?

Dominion Energy's stock symbol is D.

Dominion Energy, Inc

NYSE:D

D Rankings

D Stock Data

44.54B
838.90M
0.12%
77.52%
1.82%
Utilities - Regulated Electric
Electric Services
Link
United States of America
RICHMOND