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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 partners with Virginia State University on cutting-edge battery storage project

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Dominion Energy Virginia partners with Virginia State University to develop a battery storage project providing backup power to the VSU Multi-Purpose Center. The project will test alternatives to lithium-ion batteries with longer discharge durations, including EnerVenue's Energy Storage Vessels using metal-hydrogen technology. Dominion Energy also plans to test two other pioneering battery storage technologies in Henrico County, aiming to store energy from renewables for longer periods to meet customer demand.
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Dominion Energy Shares Signs of Utility Scams, Urges Customers to Stay Safe As Holidays Approach

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Dominion Energy (D) - National Utility Scam Awareness Day is Nov.15. Dominion Energy warns customers about the increase in scam activity during the holiday season. They remind customers of warning signs of utility scams and provide tips on what to do if receiving a suspicious call.
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Dominion Energy Virginia, State Corporation Commission Staff, Office of the Attorney General, and Other Parties File Comprehensive Settlement of Biennial Rate Case

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Dominion Energy, Inc. (NYSE: D) and other parties submit a comprehensive settlement to the State Corporation Commission of Virginia, resolving the ongoing biennial rate case. The settlement includes no change to base rates for the 2024-2025 period, customer rates remaining 16% below national and 22% below regional averages, authorized return on common equity of 9.70%, and $15 million in one-time credits to customer bills by Sept. 30, 2024.
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Dominion Energy offers energy saving tips and bill payment assistance options as winter approaches

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Dominion Energy Virginia Offers Energy-Saving Tips and Bill Payment Assistance as Winter Approaches
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Fate of Millions of Veterans' Educational Benefits Lies With Supreme Court

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Troutman Pepper, Dominion Energy: Oral arguments in Rudisill v. McDonough case concluded, awaiting decision from U.S. Supreme Court. Case involves expanded educational benefits for veterans under the Post-9/11 GI Bill. Pro bono legal team led by Troutman Pepper and Dominion Energy seeks resolution for millions of veterans.
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Dominion Energy Continues to Advance Business Review; Announces Third-Quarter 2023 Earnings

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Dominion Energy provides an update on its business review and announces third-quarter 2023 earnings. The company remains committed to its priorities and commitments, including the current dividend. The Coastal Virginia Offshore Wind (CVOW) project is on track and the company is in the process of finding a noncontrolling equity financing partner. Cove Point and gas utilities are accounted for as discontinued operations. Third-quarter 2023 GAAP net income is $0.17 per share, and operating earnings (non-GAAP) is $0.77 per share. Fourth-quarter 2023 operating earnings guidance is $0.35 per share.
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Dominion Energy Announces Retirements of Two Directors, Election of Two New Independent Directors as Part of Continuing Board Refreshment

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Dominion Energy announces retirement of Ronald W. Jibson and Michael E. Szymanczyk from the board of directors, and the election of Vanessa L. Allen Sutherland and Paul M. Dabbar as new independent directors. The company is committed to strong corporate governance and board refreshment. The addition of Sutherland and Dabbar brings leadership, industry expertise, and diverse backgrounds to the board.
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Dominion Energy Declares Quarterly Dividend of 66.75 Cents

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Dominion Energy (NYSE: D) has declared a quarterly dividend of 66.75 cents per share of common stock. This is the 383rd consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock.
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Dominion Energy's Coastal Virginia Offshore Wind Project Achieves Another Major and On-time Milestone

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Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project has received a favorable Record of Decision from the Bureau of Ocean Energy Management (BOEM). Onshore construction will start later this year, and offshore construction is scheduled for early 2024. The 2.6-gigawatt CVOW project aims to generate enough clean energy to power up to 660,000 homes once fully constructed in late 2026. It is expected to generate fuel savings of $3 billion for customers during the project's first 10 years of operation.
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Dominion Energy Announces Promotions of Steven Ridge and Corynne Arnett To Executive Vice President

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Dominion Energy announces the promotion of Steven Ridge to executive vice president and chief financial officer, and Corynne Arnett to executive vice president of Regulatory and Customer Experience. The changes will be effective from Jan. 1, 2024.
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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