Simplified bill design features smarter organization, usage details and easy ways to pay RICHMOND, Va., Oct. 8, 2024 /PRNewswire/ -- Starting this week, Dominion Energy residential customers in Virginia and North Carolina will begin receiving simplified electric bills to improve their experience, provide more information to manage their energy use, and offer easy ways to pay their balance. Based on extensive customer feedback, Dominion Energy has reorganized the layout of the bill, added color, and introduc ...

RICHMOND, Va., Oct. 3, 2024 /PRNewswire/ -- Dominion Energy (NYSE: D) will host its third-quarter 2024 earnings call at 10 a.m. ET on Friday, Nov. 1, 2024. Management will discuss matters of interest to financial and other stakeholders including recent financial results. 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, dom ...

Core Viewpoint - The article highlights the potential for income-focused investors to find opportunities in high-yield dividend stocks as interest rates are expected to decline, making these stocks more attractive [1][2]. Group 1: Interest Rate Impact - The Federal Reserve has announced a 50 basis point cut to the federal funds rate, with additional cuts likely in the coming year [1]. - Falling interest rates may drive investors towards the stock market, particularly dividend stocks, as they seek income [2]. Group 2: Recommended Dividend Stocks - **Enbridge**: - Current dividend yield is 6.5%, supported by a diversified business model in North America, including a pipeline network and renewable energy projects [4]. - The company has raised its dividend for 28 consecutive years, with a payout ratio of 65% of forecasted 2024 cash earnings, and expects dividend growth of 3% to 5% annually [5]. - **AT&T**: - Current dividend yield is 5%, with the company focusing on wireless communications after divesting from media assets [6]. - Anticipates $18 billion in free cash flow this year, with a dividend payout ratio of just over 40%, and potential for earnings growth of nearly 3% annually over the next three to five years [7]. - **Dominion Energy**: - Current dividend yield is 4.7%, with a focus on regulated electric utility operations and significant capital investments planned [8]. - The dividend currently represents 81% of guided 2025 earnings, with management waiting for the payout ratio to improve before raising it [9]. - The demand for electricity, particularly from data centers, could enhance growth prospects beyond current expectations [10].

In the latest trading session, Dominion Energy (D) closed at $58.36, marking a +0.21% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.01%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.08%. Coming into today, shares of the energy company had gained 2.66% in the past month. In that same time, the Utilities sector gained 4.9%, while the S&P 500 gained 1.21%. The investment community will be paying close attention to the earnings per ...

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Core Insights - Dominion Energy has successfully completed the sale of its natural gas utility in Gastonia, North Carolina, to Enbridge for approximately $3.2 billion, marking the final transaction in a series of sales announced in September 2023 [1][2] - The total enterprise value of the three gas utility sales, including assumed debt, amounts to approximately $14 billion, with previous transactions closing in March and May [2] - The sale is part of a broader business review that has led to $18 billion in debt reduction, enhancing the company's balance sheet to support future projects [4] Company Overview - Dominion Energy provides regulated electricity service to 3.6 million customers in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 400,000 customers in South Carolina [5] - The company is recognized as a leading developer and operator of offshore wind and solar power, and it is the largest producer of carbon-free electricity in New England [5] Employee and Regulatory Aspects - The company negotiated significant employee protections for nearly 3,500 workers who have transitioned to Enbridge, emphasizing industry reliability and community engagement [3] - The successful closure of the transactions involved collaboration with regulators across five states [3]

Boy, does time fly. The older I get, the more that statement seems true. It feels like it was just a few months ago that I last wrote about utility giant Dominion Energy ( Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the ...

Company Performance - Dominion Energy's stock closed at $57.93, reflecting a +0.78% change from the previous trading day, outperforming the S&P 500's loss of 0.19% [1] - Over the last month, Dominion Energy's shares increased by 1.84%, lagging behind the Utilities sector's gain of 3.59% and the S&P 500's gain of 2.06% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.94, representing a 22.08% increase from the same quarter last year [2] - Revenue is forecasted to be $4.12 billion, indicating an 8.23% growth compared to the prior year [2] Full Year Projections - For the full year, earnings are projected at $2.75 per share, reflecting a +38.19% change from the previous year, while revenue is expected to be $15.63 billion, showing a -4.66% change [3] Analyst Estimates - Recent changes in analyst estimates suggest a favorable outlook on Dominion Energy's business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Dominion Energy as 3 (Hold) [6] Valuation Metrics - Dominion Energy has a Forward P/E ratio of 20.89, which is a premium compared to its industry's Forward P/E of 17.55 [6] - The company holds a PEG ratio of 1.54, while the average PEG ratio for the Utility - Electric Power industry is 2.75 [7] Industry Context - The Utility - Electric Power industry is ranked 35 in the Zacks Industry Rank, placing it in the top 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

When rates go down, these stocks should go up. Four-plus years passed without an interest-rate cut from the Federal Reserve. That changed Wednesday when the Fed lowered rates by an unexpectedly large 0.5%. Investors' initial reactions were muted. However, the stock market soared on Thursday as they digested the impact of the big rate cut. Even better, the Federal Open Market Committee indicated that interest rates could be reduced by another 0.5% by the end of the year. The Fed's move could be just the tick ...

RICHMOND, Va., Sept. 19, 2024 /PRNewswire/ -- Dominion Energy Virginia today announced the launch of the Residential Charger Program, a new turnkey solution for customers interested in a Level 2 home charging system for their electric vehicle (EV). The program reduces upfront costs by allowing participating customers to pay for charging equipment and installation over time on their monthly bills. It also reduces barriers to installation by offering turnkey implementation services from certified and licensed ...