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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 ...
New solar projects approved for Dominion Energy Virginia customers
Prnewswire· 2024-04-01 14:00
Projects total more than 750 megawatts, enough to power nearly 200,000 Virginia homes  Construction will support more than 1,600 jobs and $570 million in economic benefits RICHMOND, Va., April 1, 2024 /PRNewswire/ -- The Virginia State Corporation Commission (SCC) approved on Friday more than a dozen new solar projects that will significantly expand Dominion Energy Virginia's growing clean energy fleet. The projects will generate 764 megawatts (MW) of electricity, enough to power nearly 200,000 homes at p ...
The king of insider trading is back with multiple suspicious trades
Finbold· 2024-04-01 11:31
Thomas Carper, renowned for his bets against the US economy, has returned to the trading scene after nearly a month-long hiatus. He’s back in action with a substantial volume of trades made over the past few days.Notably, he allocated up to $100,000 towards the iShares Global Clean Energy ETF (NASDAQ: ICLN), aligning with his role as Chairman of the Senate Committee on Environment, and acquired multiple lithium stocks. Further, he purchased stock in Dominion Energy (NYSE: D), coinciding with his involvement ...
Dominion Energy (D) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-03-22 23:21
Dominion Energy (D) closed the most recent trading day at $48.32, moving -0.37% from the previous trading session. This move lagged the S&P 500's daily loss of 0.14%. On the other hand, the Dow registered a loss of 0.77%, and the technology-centric Nasdaq increased by 0.17%.Heading into today, shares of the energy company had gained 6.36% over the past month, outpacing the Utilities sector's gain of 1.85% and the S&P 500's gain of 5.34% in that time.Analysts and investors alike will be keeping a close eye o ...
Dominion Energy: Why One Of The Most Disliked Stocks May Be 33% Undervalued
Seeking Alpha· 2024-03-15 21:34
Pla2na/iStock via Getty Images Introduction I have written two articles on Dominion Energy, Inc. (NYSE:D) on Seeking Alpha. The most recent article was written on December 24, when I went with the title "Dominion Energy: I'm Turning Bullish On This 5.6%-Yielding Turnaround Play." As the title gave away, I became bullish back then. Since then, the stock has returned 4.2%. While this is lower than the market's 8.5% return, we are seeing the signs of a bottom, as it seems that the company is finally on a p ...
Dominion Energy (D) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-03-12 23:21
Dominion Energy (D) closed the latest trading day at $46.98, indicating a -1.39% change from the previous session's end. This change lagged the S&P 500's daily gain of 1.12%. On the other hand, the Dow registered a gain of 0.61%, and the technology-centric Nasdaq increased by 1.54%.Heading into today, shares of the energy company had gained 5.35% over the past month, outpacing the Utilities sector's gain of 4.68% and the S&P 500's gain of 2.06% in that time.Investors will be eagerly watching for the perform ...
Dominion Energy Charitable Foundation Spring Grant Cycle Now Open to Nonprofit Organizations
Prnewswire· 2024-03-07 15:00
Grants support human needs, environmental stewardship, education, and community vitality Starting in 2024, applications will be accepted online during two annual grant cycles Deadline to apply for spring grant cycle is April 2, 2024 at 5 p.m. EST RICHMOND, Va., March 7, 2024 /PRNewswire/ -- Nonprofit and educational organizations within Dominion Energy's service areas are encouraged to apply for grants from the Dominion Energy Charitable Foundation. Starting this year, the foundation has adopted a new app ...
Dominion Energy Announces Closing of Sale of Ohio Natural Gas Distribution Company
Prnewswire· 2024-03-07 12:30
RICHMOND, Va., March 7, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced closure of the sale of its Ohio natural gas utility – The East Ohio Gas Company – to Enbridge Inc. (TSX: ENB) (NYSE: ENB) for approximately $6.6 billion, including assumed indebtedness and adjusted for customary closing items. This transaction was previously announced on Sept. 5, 2023. The East Ohio Gas Company is a Cleveland-based gas utility employing about 1,500 people and serving 1.2 million Ohio homes and busi ...