Nearly two years after the advent of ChatGPT, some investors especially those favoring value or looking for predictable returns over the longer term rather than quick gains may be wondering how to play the AI game. This thesis aims to As a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT world as the Direc ...

Power demand is surging in the United States, and so are the share prices of electric utilities. Demand growth forecasts have doubled as artificial intelligence AI as well as industrial demand is booming. Long-Term Focussed In-Depth Fundamental Analysis.Former Associate at a $10 billion hedge fund, with 15 years of professional experience in equity markets. Holds a First-Class Honours degree in Financial Economics from the University of London and is a CFA Level III candidate.An avid reader and a Berkshire ...

Core Viewpoint - Dominion Energy is focused on expanding its infrastructure and achieving net-zero carbon and methane emissions by 2050 through systematic investments and operational management [1][2][3]. Investment Plans - Dominion Energy plans to invest $9.8 billion in 2024 and $43 billion from 2025 to 2029 to enhance its operations [2]. - The company aims to add 24 GW of renewable energy capacity, including battery storage, solar, hydro, and wind projects by 2036, targeting an average annual increase of over 15% in renewable energy capacity over the next 15 years [2]. Emission Reduction Goals - Dominion aims to reduce emissions by 70-80% by 2035 compared to 2005 levels, with a goal for zero and low-emitting resources to account for 99% of its electric generation by 2035 [3]. - The company is actively working on offshore wind, battery storage, and hydropower projects to achieve these emission reduction targets [3]. Infrastructure Upgrades - Dominion Energy is upgrading its electric infrastructure by installing smart meters and grid devices, and enhancing customer services through a customer information platform [4]. - The company is undertaking a strategic undergrounding project for 4,000 miles of distribution lines, having already completed nearly 2,000 miles of undergrounding outage-prone overhead lines in Virginia [4]. Industry Context - Other utilities, such as NextEra Energy, Duke Energy, and Entergy Corporation, are also investing significantly to strengthen their systems and provide stable services amid extreme weather conditions, focusing on grid modernization and infrastructure hardening [5]. Operational Risks - Dominion's financial performance is contingent on effectively managing its transmission and distribution operations, which face risks from aging infrastructure, equipment breakdowns, accidents, and labor disputes [6][7].

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 ...