STOCK TITAN

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.

Rhea-AI Summary
Dominion Energy (D) finalizes the sale of East Ohio Gas Company to Enbridge Inc. for $6.6 billion, marking a significant strategic move in the energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags
none
-
Rhea-AI Summary
Dominion Energy, Inc. (D) will host an investor meeting to discuss its strategy and financial guidance. The company plans to engage with investors and stakeholders through a comprehensive program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.36%
Tags
none
-
Rhea-AI Summary
Dominion Energy Charitable Foundation and the Library of Virginia honor African American leaders in Virginia's history, recognizing their significant contributions to the state. The 2024 Strong Men & Women in Virginia History honorees include a Navy Commanding Officer, NASA Project Director, Sheriff, and Dentist, with four high school student finalists also acknowledged for their creative expressions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
Tags
none
Rhea-AI Summary
Stonepeak acquires 50% interest in Dominion Energy's Coastal Virginia Offshore Wind project, set to be one of the largest offshore wind farms in the U.S. and globally. The 2.6 gigawatt project aims to serve 660,000 homes, with construction starting in spring 2023 and completion expected by 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
-
Rhea-AI Summary
Dominion Energy, Inc. (NYSE: D) reported fourth-quarter 2023 GAAP net income of $0.30 per share and operating earnings of $0.29 per share. Full-year 2023 GAAP net income was $2.29 per share, with operating earnings at $1.99 per share. The company affirmed business review commitments, announced a noncontrolling equity partnership interest sale in CVOW, provided project updates, and scheduled an investor meeting. Dominion Energy also agreed to sell a 50% interest in CVOW to Stonepeak, retaining operational control. The CVOW project remains on time and on budget, set to be the largest U.S. offshore wind farm by 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
-
Rhea-AI Summary
Dominion Energy (D) announced a partnership with Stonepeak to fund 50% of the Coastal Virginia Offshore Wind project, improving business risk profile and attracting $3 billion investment. The transaction is expected to close by the end of 2024, enhancing financials and reducing financing needs during construction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
none
Rhea-AI Summary
Dominion Energy Charitable Foundation awards over $1.3 million to nonprofits for environmental stewardship across eight states, including South Carolina. Grants focus on nature trails, waterways, parks, small animal migratory patterns, tree planting, forest protection, hydroponic gardens, and farm-to-school programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
none
-
Rhea-AI Summary
Dominion Energy Charitable Foundation awards $1.3 million in environmental grants to 114 organizations across 8 states, including $182,500 to 12 organizations in Utah. Grants focus on environmental education, stewardship, park beautification, waterway restoration, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
none
-
Rhea-AI Summary
Dominion Energy has received final approvals from the Bureau of Ocean Energy Management and the Army Corps of Engineers to begin construction of the 2.6-gigawatt Coastal Virginia Offshore Wind project. Once fully constructed in late 2026, the wind farm is expected to generate enough clean, renewable energy to power up to 660,000 homes. The project remains on budget and on schedule, creating significant economic development and job opportunities in the Hampton Roads region and the Commonwealth of Virginia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
Rhea-AI Summary
Dominion Energy (D) has declared a quarterly dividend of 66.75 cents per share of common stock, payable on March 20, 2024. This marks the 384th consecutive dividend paid to shareholders, showcasing the company's commitment to rewarding investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
dividends

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