Dominion Energy(D)

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Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn
CNBC· 2024-06-30 10:54
"This is a different urgency coming. They need this load to drive the next iteration of growth," Skantze told the Reuters Global Energy Transition conference in New York City this week. "They're showing up now at the utility and they're banging on the door and they're saying I need to put this resource on the grid," the executive said. D SO NEE The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. Fallon | Afp | Getty Images The largest utility companies in ...
Reasons to Add Dominion Energy (D) to Your Portfolio Now
ZACKS· 2024-06-28 13:40
Let's focus on the factors that make this Zacks Rank #2 (Buy) company a good investment pick at the moment. Demand From Data Centers Other Key Picks Long-Term Growth and Dividend Yield Current ratio of the company at the end of the first quarter of 2024 was 1.05, indicating the company's ability to meet its short-term obligations, which are due within a year. Dominion Energy Inc.'s (D) earnings estimates have been revised upward, reflecting analysts' optimism surrounding the stock. The Zacks Consensus Estim ...
US Fears Above-Average Hurricane Season: Are Utilities Prepared?
ZACKS· 2024-06-28 13:12
Utilities upgrade and strengthen electric infrastructure work throughout the year to improve their quality of service and provide service even during difficult weather conditions. FirstEnergy (FE) is also regularly making investments to strengthen its transmission and distribution network. The company is also using helicopters to inspect the transmission lines. The purpose of the inspections is to search for equipment issues that are not apparent from the ground and faults that are not visible from the grou ...
Dominion Energy (D) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-06-27 17:00
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Therefore, the Zacks rating upgrade for Dominion Energy basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. For Dominion Energy, rising earnings estimates and the consequent rating upgrade ...
Dominion Energy (D) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-25 23:21
The most recent trading session ended with Dominion Energy (D) standing at $49.19, reflecting a -1.42% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.09%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq added 0.16%. The energy company's stock has dropped by 5.47% in the past month, falling short of the Utilities sector's loss of 2.12% and the S&P 500's gain of 2.83%. The upcoming earnings release of Dominion Energy will be of great ...
5 Dividend Stocks Yielding at Least 5% to Buy Right Now for Passive Income
The Motley Fool· 2024-06-25 10:28
These companies pay well above average dividends. Generating lots of income More growth ahead Enbridge expects these catalysts to grow its cash flow per share by 3% annually through 2026, and by 5% per year after that. Its growing cash flow should enable it to continue increasing its dividend, which Enbridge has done for 29 straight years. Realty Income should be able to continue increasing its dividend. It expects to grow its cash flow per share by 4% to 5% annually, driven by rent growth and additional pr ...
Dominion Energy Charitable Foundation Donates More Than $4.2 Million to Non-profit Organizations
Prnewswire· 2024-06-18 14:00
$113,000 awarded to 13 nonprofits in North Carolina "Every day, nonprofit organizations make an outsized impact on our communities," said Hunter A. Applewhite, President of the Dominion Energy Charitable Foundation. "We are proud to support them with grants that will strengthen their efforts. That's just one more way Dominion Energy demonstrates its commitment to the communities we serve." ELIZABETH CITY, N.C., June 18, 2024 /PRNewswire/ -- The Dominion Energy Charitable Foundation recently awarded more tha ...
Dominion Energy (D) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-06-10 23:06
Dominion Energy (D) ended the recent trading session at $51.46, demonstrating a +0.04% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%. Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company is expected to report EPS of $0.59, up 11.32% from the prior-year quarter. Simultaneously ...
Dominion Energy Announces Expiration and Final Results of Cash Tender Offer to Purchase Any and All of Its Outstanding Series B Preferred Stock
Prnewswire· 2024-06-05 11:35
About Dominion Energy More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from the company (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more. RICHMOND, Va., June 5, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced the expiration and final results ...
Dominion (D) Fortifies Infrastructure Before Hurricane Season
ZACKS· 2024-06-04 17:15
Dominion Energy (D) announced that its unit Dominion Energy Virginia has completed burying 2,000 miles of overhead power lines, which is part of the company's Strategic Underground Program. The shifting of power lines underground will lower storm-related outages and reduce the time for restoration of power in outage-prone areas during the hurricane season. The above-average hurricane seasons means that the utilities will have to be more vigilant and take prompt action to counter the impact of storms. Apart ...