Final of three gas utility closings as part of Enbridge transactions announced in September 2023 Another major milestone in successful conclusion of company's top-to-bottom business review RICHMOND, Va., Oct. 1, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced closure of the sale of its Gastonia, N.C.-based natural gas utility, Public Service Company of North Carolina, Incorporated, to Enbridge Inc. (TSX: ENB) (NYSE: ENB) for approximately $3.2 billion, including assumed indebtedness an ...

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 ...

The most recent trading session ended with Dominion Energy (D) standing at $57.93, reflecting a +0.78% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.36%. The energy company's shares have seen an increase of 1.84% over the last month, not keeping up with the Utilities sector's gain of 3.59% and the S&P 500's gain of 2.06%. The investment community will be close ...

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 ...

RICHMOND, Va., Sept. 18, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), announced today that it will redeem for cash all of its outstanding 2014 Series A Enhanced Junior Subordinated Notes due 2054 (the Notes) on Oct. 8, 2024 (the Redemption Date), at a price of 100% of the principal amount of the Notes, plus accrued and unpaid interest through, but not including, the Redemption Date. The total principal amount of the Notes outstanding is $685 million. As previously announced, in May 2024, Dominion E ...

In the latest trading session, Dominion Energy (D) closed at $58.53, marking a +0.64% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.13%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%. Shares of the energy company witnessed a gain of 3.84% over the previous month, trailing the performance of the Utilities sector with its gain of 5.44% and outperforming the S&P 500's gain of 3.67%. Market participants will be close ...

The time is right to buy all three of these high-yield dividend stocks. Income investors can't always be too picky about when they buy stocks. They sometimes need to put their money to work regardless of what's happening in the stock market or if there's uncertainty about upcoming elections. However, income investors can always be picky about which stocks they buy. The good news is that there are several great options right now. Here are three high-yield dividend stocks to buy hand over fist in September. 1 ...

skegbydave/E+ via Getty Images Introduction I have a somewhat complicated relationship with utilities. Although I appreciate their anti-cyclical business models and the low-risk income they provide for investors, they are rather boring and prone to a number of headwinds, including sticky inflation, elevated rates, and billions in spending on renewable energy and infrastructure improvements. Especially the mix of aggressive capital spending and elevated rates has pressured utility stocks in the past. That sa ...

Dominion Energy (D) touched a new 52-week high of $58.13 on Sept. 5. It closed the trading session at $57.34, up 3.4% from that recorded on Aug. 28. This increase was fueled by the approval of Dominion Energy Virginia's application to extend North Anna Power Station's operating licenses for an additional 20 years. D stock has gained 21.7% in the past six months, outperforming the Zacks Utility- Electric Power industry's growth of 20.4%, the Zacks Utilities sector rally of 16.8% and the Zacks S&P 500 composi ...