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Dream Office: 50% Stealth Distribution Cut Is Too Little And Perhaps Too Late
Seeking Alpha· 2024-02-20 22:05
Bloomberg/Bloomberg via Getty ImagesNote: All amounts discussed are in Canadian Dollars On our last coverage of Dream Office (OTC:DRETF) (TSX:D.UN:CA), we did not buy into the cheap assets theory and stayed on the sideline. Our rationale was that you were getting office properties for 40% off, but you would do best to wait for an 80% off sale. We also felt the distribution policy being pursued was just plain wrong and a cut was needed to better align capital plans. Dream Office now has a "High" level o ...
Dominion Energy Charitable Foundation Donates $1.3 Million to Environmental Nonprofits
Prnewswire· 2024-02-20 14:00
20 Ohio organizations receive $190,000 from the Foundation Environmental grants awarded to 114 organizations across 8 states Grants focus on environmental education and stewardship initiatives CLEVELAND, Ohio, Feb. 20, 2024 /PRNewswire/ -- The Dominion Energy Charitable Foundation has awarded $1.3 million in environmental grants to 114 organizations across eight states, including $190,000 to 20 organizations in Ohio. This year's recipients will beautify local parks, improve accessibility to nature parks ...
Dominion Energy (D) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-19 18:16
Dominion Energy Inc. (D) is scheduled to release fourth-quarter 2023 earnings on Feb 22, before market open. In the last reported quarter, the utility delivered a negative earnings surprise of 1.28%.Let’s see how things have shaped up before the upcoming earnings announcement.Factors to NoteDominion Energy’s fourth-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 ...
PPL to Release Q4 Earnings: Here's What You Need to Know
Zacks Investment Research· 2024-02-14 14:16
PPL Corporation (PPL) is scheduled to release fourth-quarter 2023 results on Feb 16, before market open. The company delivered a negative earnings surprise of 4.4% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderPPL’s fourth-quarter earnings are likely to have gained from the use of the Dynamic Line Rating technology, which was initiated during the third quarter. This helps in increasing the reliability of its electr ...
Why the Market Dipped But Dominion Energy (D) Gained Today
Zacks Investment Research· 2024-02-13 00:21
Dominion Energy (D) ended the recent trading session at $45.22, demonstrating a +1.16% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.1%. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.3%. Prior to today's trading, shares of the energy company had lost 5.56% over the past month. This has was narrower than the Utilities sector's loss of 5.77% and lagged the S&P 500's gain of 5.78% in that time. Analyst ...
This 7.9%-Yielding Dividend Stock Is a Top Choice for Income Investors
The Motley Fool· 2024-02-12 11:25
Enbridge (ENB -0.35%) is a well-oiled machine. The Canadian energy infrastructure giant recently closed the books on 2023. It was another solid year for the pipeline and utility company. Enbridge achieved its financial guidance for its 18th straight year. On top of that, it made excellent progress on its strategic priorities. The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to CEO Greg Ebel. Here's a look at why income-focused invest ...
Why Dominion Energy (D) Outpaced the Stock Market Today
Zacks Investment Research· 2024-02-07 00:16
Dominion Energy (D) closed the most recent trading day at $45.09, moving +0.9% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.23%. Meanwhile, the Dow experienced a rise of 0.37%, and the technology-dominated Nasdaq saw an increase of 0.07%.Heading into today, shares of the energy company had lost 8.81% over the past month, lagging the Utilities sector's loss of 5.83% and the S&P 500's gain of 5.3% in that time.The investment community will be paying close a ...
Dominion Energy Is A Hold Until The Restructuring Dust Settles
Seeking Alpha· 2024-02-02 21:08
imaginima Introduction With its slow evolution, the utility sector presents an interesting investment area for more conservative investors. We see a shift in the segment as the world pivots towards sustainable energy. Utility companies face the dual challenge of meeting growing energy demands while transitioning to greener sources. This period of transformation and uncertainty in the energy market opens up intriguing opportunities for certain companies while staying a regulated monopoly. Dominion Energy ...
Dominion (D) Gets Nod to Develop 2.6 GW Offshore Wind Project
Zacks Investment Research· 2024-02-01 15:41
Dominion Energy (D) announced that it received the last two major federal approvals essential to begin the construction of its 2.6-gigawatt (GW) Coastal Virginia Offshore Wind (“CVOW”).  Once fully functional in late 2026, this massive wind project will be able to provide clean electricity to 660,000 homes.The project will consist of 176 turbines and three offshore substations in a nearly 113,000-acre lease area off the coast of Virginia Beach. The CVOW project is currently on time and on budget.Transition ...
Dominion Energy (D) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-31 00:21
The latest trading session saw Dominion Energy (D) ending at $45.74, denoting a +0.68% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.06%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.76%.The energy company's shares have seen a decrease of 3.34% over the last month, surpassing the Utilities sector's loss of 6.36% and falling behind the S&P 500's gain of 3.36%.The upcoming earnings release of Dominion Energy will be ...