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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.

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Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project remains on budget and on schedule. The first eight monopile foundations have been safely offloaded at Portsmouth Marine Terminal, marking another step towards construction. The project is expected to generate enough electricity to power 660,000 homes and save customers $3 billion in fuel costs during the first 10 years of operation.
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Dominion Energy to host Q3 2023 earnings call on Nov. 3
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Dominion Energy Virginia proposes more than a dozen new solar projects, totaling 772 MW of carbon-free electricity, enough to power nearly 200,000 Virginia homes. Construction will support over 1,600 jobs and generate $570 million in economic benefits.
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Dominion Energy announces retirement of Carter M. Reid and promotion of Carlos M. Brown, positive for stock price.
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Dominion Energy receives unsolicited mini-tender offer from TRC Capital to purchase up to 2 million shares at $44.00 per share, 4.47% below closing price on Sept. 26, 2023. Dominion Energy does not endorse the offer and recommends shareholders not to tender their shares. Mini-tender offers lack investor protections. Shareholders can withdraw tendered shares before Oct. 27, 2023. Dominion Energy urges market participants to review SEC's letter on mini-tender offer dissemination and disclosure.
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Bureau of Ocean Energy Management completes environmental analysis for Dominion Energy's Coastal Virginia Offshore Wind project
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Dominion Energy proposes battery storage pilot project with longer-duration batteries that could significantly increase discharge time to the grid. Technologies from Form Energy and Eos Energy Enterprises offer potential energy discharge for up to 100 hours. Project aligns with company's clean energy initiatives. Construction to begin by late 2024 if approved.
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Dominion Energy has announced the sale of its three natural gas distribution companies to Enbridge for $14.0 billion. The transactions will be completed by the end of 2024, pending regulatory approvals. The company expects to use 100% of the after-tax proceeds to retire debt. Dominion Energy plans to conclude its business review and announce a repositioned outlook in Q4 2023.
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Dominion Energy has announced the closure of the sale of its 50% noncontrolling limited partnership interest in Cove Point LNG, LP, to Berkshire Hathaway Energy for $3.3 billion. Dominion Energy will also receive proceeds of $0.2 billion from the settlement of related interest rate derivatives.
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Deadline to apply for environmental grants is Sept. 30, 2023, at 5 p.m. ET. Dominion Energy has donated nearly $40 million to projects that protect and improve the environment since 2003. Grants up to $50,000 available for specific projects, and up to $5,000 for environmental education programs in eligible regions.
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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.

Dominion Energy, Inc.

NYSE:D

D Rankings

D Stock Data

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