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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.

News

Dominion Energy and the Library of Virginia Honor Four Leaders as 'Strong Men & Women in Virginia History'

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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.
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Stonepeak to Acquire 50% Interest in Dominion Energy’s Coastal Virginia Offshore Wind Project

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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.
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Dominion Energy Announces Fourth-Quarter and Full-Year 2023 Earnings, Provides Key Updates on Coastal Virginia Offshore Wind, and Schedules Investor Meeting to Conclude Business Review

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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.
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Dominion Energy Successfully Concludes Noncontrolling Equity Partner Process for Coastal Virginia Offshore Wind Commercial Project; Announces Highly Credit-Positive Transaction Featuring Robust Cost- and Risk-Sharing With High-Quality and Well-Capitalized Partner, Stonepeak

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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.
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Dominion Energy Charitable Foundation Donates More than $251,000 in Environmental Grants to South Carolina Nonprofits

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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.
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Dominion Energy Charitable Foundation Donates $1.3 Million to Environmental Nonprofits

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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.
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Final Federal Approvals for Dominion Energy's Coastal Virginia Offshore Wind Represent Another Major Milestone Towards Successful Project Completion

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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.
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Dominion Energy Declares Quarterly Dividend of 66.75 Cents

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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.
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Dominion Energy Schedules Fourth-Quarter 2023 Earnings Call

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Dominion Energy (D) will host its fourth-quarter 2023 earnings call on February 22, 2024, to discuss recent financial results and matters of interest to stakeholders. The live webcast and telephonic options will be available for participants.
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Dominion Energy expands battery storage fleet in Virginia

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Dominion Energy Virginia (D) expands its renewable fleet with the operational launch of the largest battery storage facility in Chesterfield County, capable of storing up to 20 megawatts of electricity, enough to power 5,000 homes for up to four hours.
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FAQ

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

The current stock price of Dominion Energy (D) is $57.63 as of November 15, 2024.

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

The market cap of Dominion Energy (D) is approximately 46.6B.

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.

Stock D logo
Dominion Energy, Inc.

NYSE:D

D Rankings

#291 Ranked by Market Cap
#626 Ranked by Dividends

D Stock Data

46.62B
751.89M
0.12%
76.99%
1.82%
Utilities - Regulated Electric
Electric Services
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United States of America
RICHMOND