Dominion Energy, Inc. - D STOCK NEWS

Dominion Energy is mobilizing resources for a significant restoration effort in Virginia as a second winter storm impacts the region. The storm, characterized by ice and freezing rain, has affected approximately 1,200 customers without power as of 6 p.m. on February 18, 2021. The company has deployed crews and equipment in anticipation of further outages. Dominion Energy emphasizes the importance of customer preparedness and advises reporting any power outages through their app or hotline.

Dominion Energy Virginia is preparing for a second ice storm expected to cause significant power outages, following a recent storm that affected over 290,000 customers. Restoration efforts are ongoing, with nearly 99% of outages addressed. The company has mobilized over 6,000 workers from multiple regions to tackle the aftermath. Customers are advised to prepare for potential long-term outages, as the new storm could exacerbate conditions. Dominion calls for patience and emphasizes the need for safety precautions during storm-related power outages.

Dominion Energy Virginia is actively restoring power following the devastating ice storm of February 2021 that left over 290,000 customers without service. As of Tuesday evening, nearly 95% of outages have been resolved, with fewer than 17,000 still affected. More than 6,000 workers from various states and Canada are involved in restoration efforts. The company is monitoring forecasts for additional ice and urges customers to prepare for potential outages. Safety guidelines emphasize reporting downed lines and proper generator use.

Dominion Energy Virginia is actively restoring power after a severe ice storm affected Central and Southern Virginia. Over 290,000 customers lost electricity since Saturday morning, with over 85% already restored as of Monday afternoon. The restoration efforts involve more than 6,000 workers and 800 trucks, with nearly 7,000 damaged locations identified. The majority of customers are expected to have power restored by Tuesday. The company emphasizes safety and efficiency in its restoration process, prioritizing critical facilities and customer reporting of outages.

Dominion Energy is actively restoring power following a widespread ice storm that impacted over 290,000 customers in Central and Southern Virginia. As of Sunday afternoon, over 175,000 customers have had their service restored by more than 5,700 workers and 600 bucket trucks. The storm, noted as the worst since January 2000, caused significant damage including broken poles and downed power lines. Restoration efforts are prioritized for essential public services and aimed at returning power to the largest number of customers.

Dominion Energy Virginia is actively restoring power to over 145,000 customers affected by an ice storm that began on February 13, 2021. The storm caused significant damage, with more than 220,000 customers losing power due to downed lines and broken poles. Crews are working around the clock to restore services, prioritizing critical facilities first. Customers are advised to report outages via the Dominion Energy app or hotline. The company emphasizes safety precautions around downed lines and generator use. Dominion Energy serves over 7 million customers across 16 states.

Dominion Energy (NYSE: D) reported a net income of $682 million ($0.82 per share) for Q4 2020, down from $1.0 billion ($1.21 per share) in Q4 2019. The company faced a net loss of $401 million ($0.57 per share) for the full year, compared to a gain of $1.4 billion ($1.62 per share) in 2019. Operating earnings fell to $672 million ($0.81 per share) in Q4, while full-year operating earnings rose slightly to $3.0 billion ($3.54 per share). The guidance for 2021 suggests operating earnings between $3.70 and $4.00 per share.

On January 26, 2021, Dominion Energy honored five nonprofit arts organizations across Virginia with the 2021 Dominion Energy ArtStars awards, recognizing their contributions to creative education. Each organization, with annual budgets under $1 million, received a $10,000 grant to support arts programs. The recipients include Arts for Learning, Art for the Journey, Fairfax Symphony Orchestra, Halestone Foundation, and The Origin Project. Dominion Energy aims to support community causes, having contributed over $58 million in 2020.

Dominion Energy's board has declared a quarterly dividend of 63 cents per share, set to be paid on March 20, 2021. This dividend will benefit shareholders of record as of March 5, 2021. The announcement marks the 372nd consecutive dividend paid by Dominion Energy and its predecessor company, underscoring the company's commitment to returning income to shareholders. The previous dividend was declared on November 4, 2020.