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Dominion Energy(D) - 2024 Q1 - Earnings Call Transcript
2024-05-02 17:31
Dominion Energy, Inc. (NYSE:D) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants David McFarland - VP, IR Steven Ridge - EVP & CFO Robert Blue - President, CEO & Chairman Diane Leopold - EVP & COO Conference Call Participants Shahriar Pourreza - Guggenheim Securities Nicholas Campanella - Barclays Bank Steven Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Chase & Co. William Appicelli - UBS Operator Ladies and gentlemen, welcome to the Dominion Energy First Quarter Earnings C ...
Dominion Energy(D) - 2024 Q1 - Quarterly Report
2024-05-02 14:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 1 FORM 10-Q (Mark one) COMBINED INDEX | | | Page Number | | --- | --- | --- | | | Glossary of Terms | 3 | | | PART I. Financial Information | | | Item 1. | Financial Statements | 8 | | Item 2. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 58 | | Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 74 | | Item 4. | Controls and Procedures | 75 | | | PART II. Other Information ...
Dominion Energy(D) - 2024 Q1 - Quarterly Results
2024-05-02 11:33
Exhibit 99 NEWS RELEASE A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com. For individuals who prefer to join via telephone, domestic callers should dial 1- 800-723-6494 and international callers should dial 1- 785-424-1631. The passcode for the telephonic earnings call is 66318. Participants should dial in 10 to 15 minutes prior to the scheduled start time. May 2, 2024 Dom ...
Construction of Dominion Energy's Coastal Virginia Offshore Wind (CVOW) Project Has Not Been Delayed
Prnewswire· 2024-05-01 22:34
CVOW construction has not been delayed or stayed, and any representation to the contrary is false Erroneous news releases blatantly and grossly misrepresent the facts The company strongly believes that the plaintiffs' petition is without merit CVOW remains on schedule and on budget consistent with previously disclosed timelines and costs RICHMOND, Va., May 1, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has be ...
Dominion Energy (D) to Post Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-05-01 17:31
Dominion Energy Inc. (D) is scheduled to release first-quarter 2024 earnings on May 2, before market open. In the last reported quarter, the utility delivered a negative earnings surprise of 27.5%.Let us see how things have shaped up before the upcoming earnings announcement.Factors to NoteDominion Energy’s first-quarter earnings are likely to have benefited from regulated investments, higher sales volume and efficient cost management. Economic development, population growth in Virginia and South Carolina, ...
Dominion Energy (D) Advances But Underperforms Market: Key Facts
Zacks Investment Research· 2024-04-23 23:20
The most recent trading session ended with Dominion Energy (D) standing at $50.67, reflecting a +0.08% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.2%. Elsewhere, the Dow saw an upswing of 0.69%, while the tech-heavy Nasdaq appreciated by 1.59%.Prior to today's trading, shares of the energy company had gained 4.93% over the past month. This has outpaced the Utilities sector's loss of 5.83% and the S&P 500's loss of 4.16% in that time.The i ...
Dominion Energy Reaches Major Milestone in Construction of Charybdis, the First Jones Act-Compliant Offshore Wind Turbine Installation Vessel
Prnewswire· 2024-04-15 14:00
Charybdis successfully launched to water at Seatrium AmFELS shipyard in Brownsville, Texas consistent with project expectations No change to the vessel's timeline which supports the current Coastal Virginia Offshore Wind (CVOW) construction schedule CVOW receives final federal permit; expects to begin monopile installation in coming weeks RICHMOND, Va., April 15, 2024 /PRNewswire/ -- Dominion Energy announced today that Charybdis, the United States' first Jones Act-compliant offshore wind turbine install ...
Dominion Energy: Powering The Data Center Capital Of The World
Seeking Alpha· 2024-04-05 23:37
justocker The Dominion Buy Thesis There is a tremendous spread between the sentiment on Dominion Energy, Inc. (NYSE:D) and its fundamental forward outlook. The market is approaching D with apprehension and trading it at low multiples while the fundamentals look strongly positive given the rapid growth in energy needs in Northern Virginia (NOVA) with D as the only major player positioned to provide that energy. The buildout of sufficient power to fuel the data center boom in NOVA can fuel steady growth for D ...
Dominion Energy Urges Customers to Stay Safe, Contact 811 Before Digging
Prnewswire· 2024-04-03 15:30
April is National Safe Digging Month RICHMOND, Va., April 3, 2024 /PRNewswire/ -- As warmer weather brings an increase in outdoor home improvement projects, Dominion Energy is reminding the public to stay safe and contact 811 to have their underground utility lines marked before any digging project begins.  Landscaping, irrigation and fence installations are among the projects that routinely cause damage to underground utility lines. According to the Common Ground Alliance, a utility line is damaged every s ...
A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This April
The Motley Fool· 2024-04-02 08:26
Enbridge (ENB -0.97%) has been an exceptional investment over the decades. The Canadian pipeline and utility operator has delivered more than an 11% compound annual total return over the past 20 years. That has outpaced the S&P 500 and its nearly 10% annualized total return, and its peers in the utilities and midstream sectors, with about 8% average annual total returns. The energy infrastructure company could produce even higher total returns in the coming years. One factor fueling that view is its ability ...