Dominion Energy(D)

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Why Dominion Energy Stock Zoomed 5% Higher Today
The Motley Fool· 2024-02-23 22:29
Dominion Energy (D 4.96%) finished off the trading week in style, with its stock price popping by 5% on Friday. The electricity producer and supplier benefited from a pair of analyst price target raises, which came on the heels of the company's latest set of quarterly results and the announcement of an asset sale. Dominion's Friday surge easily topped the performance of the S&P 500 index, which essentially closed flat on the day.Matching analyst price target raisesInterestingly, the two raises matched perfe ...
S&P 500 Gains and Losses Today: Dominion Energy Boosted by Wind Project Partnership
Investopedia· 2024-02-23 22:25
Key TakeawaysThe S&P 500 inched higher by less than 0.1% on Friday, Feb. 23, 2024, as the previous day's tech-led rally lost some of its momentum.Dominion Energy shares jumped following reports that the electric utility would sell a noncontrolling stake in an offshore wind energy project near Virginia Beach.Shares of Booking Holdings dropped after the travel platform warned that the conflict in the Middle East and currency fluctuations could affect its business.Major U.S. equities indexes were mixed on the ...
Dominion Energy (D) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-23 20:31
For the quarter ended December 2023, Dominion Energy (D) reported revenue of $3.53 billion, down 28.1% over the same period last year. EPS came in at $0.29, compared to $1.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.81 billion, representing a surprise of -7.14%. The company delivered an EPS surprise of -27.50%, with the consensus EPS estimate being $0.40.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Dominion Energy(D) - 2023 Q4 - Annual Report
2024-02-23 12:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact name of registrants as specified in their charters I.R.S. Employer Identification Number 001-08489 DOMINION ENERGY, INC. 54-1229715 ...
Dominion Energy(D) - 2023 Q4 - Earnings Call Presentation
2024-02-23 05:20
● @ 2015 2019 D Ranking: 2nd T ય 25 Residential Commercial Industrial Govt/Other Total Regulated electric sales trends ✓ Industrial load accounts for < 10% of regulated sales 26 ¹ DEV and DESC combined DE Virginia 2.8M 69% DE South Carolina 1.2M 31% 4.0M state utility customers¹ Weather Actual 1,153 1,346 2,830 3,555 Actual 58 30 1,643 1,765 Actual 434 512 917 1,294 Actual 2 0 725 767 Actual 434 512 917 1,294 Degree days Note: Figures may not sum due to rounding After-tax impacts ($M) 29 | --- | --- | --- | ...
Dominion Energy(D) - 2023 Q4 - Earnings Call Transcript
2024-02-22 19:55
Dominion Energy, Inc. (NYSE:D) Q4 2023 Earnings Conference Call February 22, 2024 10:00 AM ET Company Participants David McFarland - Vice President of Investor Relations Bob Blue - President, Chairman & Chief Executive Officer Steven Ridge - Senior Vice President & Chief Financial Officer Diane Leopold - Executive Vice President & Chief Operating Officer Conference Call Participants Shahriar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan Steve Fleishman - Wolfe Research Ro ...
Dominion Energy (D) Q4 Earnings and Revenues Lag Estimates
Zacks Investment Research· 2024-02-22 18:26
Dominion Energy Inc. (D) delivered fourth-quarter 2023 operating earnings of 29 cents per share, which lagged the Zacks Consensus Estimate of 40 cents by 27.5%. Quarterly earnings were lower than the company’s guidance of 35 cents for the quarter. Operating earnings were $1.06 in the year-ago quarter.The GAAP earnings for the fourth quarter were 30 cents compared with 39 cents in the year-ago quarter.Operating earnings of $1.99 for 2023 were down 34.9% year over year from $3.06 in 2022.RevenuesDominion Ener ...
Dominion Energy (D) Q4 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-02-22 14:45
Dominion Energy (D) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.50%. A quarter ago, it was expected that this energy company would post earnings of $0.78 per share when it actually produced earnings of $0.77, delivering a surprise of -1.28%.Over the last four quarters, the com ...
Stonepeak to Acquire 50% Interest in Dominion Energy's Coastal Virginia Offshore Wind Project
Businesswire· 2024-02-22 12:30
NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has reached an agreement with Dominion Energy (NYSE: D) to acquire a 50% interest in its Coastal Virginia Offshore Wind project (“CVOW” or “the Project”) through the formation of an offshore wind partnership. The Project is expected to be the largest offshore wind farm in the U.S. and one of the largest offshore wind farms globally upon completion. CVOW is a 2. ...
Dominion Energy(D) - 2023 Q4 - Annual Results
2024-02-21 16:00
Exhibit 99 NEWS RELEASE February 22, 2024 Dominion Energy Announces Fourth-Quarter and Full-Year 2023 Earnings, Provides Key Updates on Coastal Virginia Offshore Wind, and Schedules Investor Meeting to Conclude Business Review RICHMOND, Va. – Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended Dec. 31, 2023, of $273 million ($0.30 per share) compared with net incom ...