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) is a leading integrated energy provider delivering electricity and natural gas to millions through regulated utilities and renewable infrastructure. This news hub offers investors and stakeholders centralized access to official updates and market-moving developments.
Track critical announcements including quarterly earnings results, regulatory filings, offshore wind project milestones, and grid modernization initiatives. Our curated collection ensures timely access to operational updates, leadership changes, and strategic partnerships that shape Dominion Energy's position in the evolving energy sector.
Key coverage areas include rate case decisions, nuclear facility updates, renewable energy expansions, and infrastructure investment plans. Bookmark this page for efficient monitoring of D's operational performance and regulatory engagements across its East Coast service territories.
On June 3, 2024, Dominion Energy (NYSE: D) announced the completion of the sale of Questar Gas Company and Wexpro Company to Enbridge Inc. (TSX: ENB, NYSE: ENB) for approximately $4.3 billion, which includes assumed debt and adjustments for customary closing items. The transaction, initially announced on September 5, 2023, involves Questar Gas, a natural gas utility serving 1.2 million customer accounts across Utah, Wyoming, and Idaho, and Wexpro, which supplies natural gas under a cost-of-service agreement.
Dominion Energy also revealed plans to finalize the sale of its gas distribution company in Gastonia, N.C., to Enbridge later this year. Dominion Energy serves over 4.5 million customers in 13 states and aims for Net Zero emissions by 2050.
Dominion Energy announced the installation of the first monopile foundation for the Coastal Virginia Offshore Wind (CVOW) project. The 2.6-gigawatt wind farm, expected to be completed by late 2026, aims to provide clean energy to 660,000 homes and generate $3 billion in fuel savings over the first decade. The installation was carried out by DEME Group's Orion vessel, which employs advanced Vibro Hammer technology. The project has engaged over 800 Virginia-based workers and will create over 1,000 jobs for ongoing operations. Environmental precautions include seasonal installation pauses and bubble curtains to protect marine life.
Dominion Energy (NYSE: D) has declared a quarterly dividend of 66.75 cents per share of common stock, payable on June 20, 2024, to shareholders of record as of May 31, 2024. This marks the 385th consecutive dividend payment to common stockholders. The company's last quarterly dividend was declared on Jan. 26, 2024.
Dominion Energy, Inc. has announced a tender offer to purchase any and all of its outstanding 4.65% Series B Preferred Stock at a purchase price of $997.50 per share. The company plans to use the proceeds from a recent junior subordinated notes offering to fund the tender offer. The offer expires on June 4, 2024, with the Settlement Date expected to be on June 6, 2024.
Dominion Energy, Inc. announced first-quarter 2024 GAAP net income of $0.78 per share and operating earnings of $0.55 per share. The company affirms its full-year 2024 and 2025 operating earnings guidance. Dominion Energy will host a webcast to discuss recent financial results.
Dominion Energy, Inc. refutes claims of delay in the Coastal Virginia Offshore Wind (CVOW) project, stating they are false and misrepresentative. The company asserts that the project remains on track and within budget, dismissing the plaintiffs' petition as lacking merit.
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