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) is a leading integrated energy provider delivering electricity and natural gas to millions through regulated utilities and renewable infrastructure. This news hub offers investors and stakeholders centralized access to official updates and market-moving developments.
Track critical announcements including quarterly earnings results, regulatory filings, offshore wind project milestones, and grid modernization initiatives. Our curated collection ensures timely access to operational updates, leadership changes, and strategic partnerships that shape Dominion Energy's position in the evolving energy sector.
Key coverage areas include rate case decisions, nuclear facility updates, renewable energy expansions, and infrastructure investment plans. Bookmark this page for efficient monitoring of D's operational performance and regulatory engagements across its East Coast service territories.
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.
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.
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.
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.
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.
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.
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.
Dominion Energy (NYSE: D) and Berkshire Hathaway Energy announced the termination of the planned sale of Questar Pipelines due to uncertainties with Federal Trade Commission clearance. This decision, effective July 9, 2021, does not affect the previous sale of gas transmission assets completed in November 2020. Dominion is initiating a competitive sale process for Questar Pipelines, aiming for completion by year-end 2021. The company will account for the pipelines as discontinued operations and plans to secure a 364-day loan to repay a $1.3 billion deposit to Berkshire Hathaway Energy.
Dominion Energy (NYSE: D) will hold its Q2 2021 earnings call on Aug. 6, 2021, at 10 a.m. ET. Management will discuss recent financial results and key topics of interest for stakeholders. The earnings call will be accessible via webcast and telephone. Domestic callers can join by dialing 1-800-341-6228, while international participants can call 1-334-777-6993. A replay will be available shortly after the call. Dominion, serving over 7 million customers across 16 states, focuses on sustainable energy and aims for net zero emissions by 2050.
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