Berkshire Hathaway’s cash hoard soared to a record in the third quarter as the company's operating earnings also grew. https://t.co/7Icj0yEGcF ...

Core Insights - Dominion Energy reported a third-quarter 2025 net income of $1.0 billion ($1.16 per share), an increase from $934 million ($1.09 per share) in the same period of 2024 [1][9] - Operating earnings for the same period were $921 million ($1.06 per share), up from $836 million ($0.98 per share) in 2024 [2][9] - The company narrowed its 2025 operating earnings guidance to a range of $3.33 to $3.48 per share, maintaining the midpoint at $3.40 per share [4][9] Financial Performance - The operating revenue for Q3 2025 was $4.527 billion, compared to $3.941 billion in Q3 2024, reflecting a significant increase [13] - Total operating expenses rose to $3.188 billion in Q3 2025 from $2.723 billion in Q3 2024, leading to an income from operations of $1.339 billion, up from $1.218 billion [13] - The net income attributable to Dominion Energy for Q3 2025 was $1.006 billion, compared to $934 million in Q3 2024 [13][24] Guidance and Future Outlook - The company expects to meet or exceed the midpoint of its operating earnings guidance range, assuming normal weather conditions for the remainder of the year [4] - Dominion Energy reaffirmed its long-term operating earnings per share growth guidance of 5% to 7% through 2029, based on the 2025 operating earnings per share midpoint of $3.30 [4] Earnings Call Information - Dominion Energy will host its third-quarter 2025 earnings call on October 31, 2025, at 11 a.m. ET, where management will discuss financial results and other matters of interest [5][6]

Core Insights - DT Midstream, Inc. reported a net income of $115 million for Q3 2025, equating to $1.13 per diluted share, with Operating Earnings also at $115 million and Adjusted EBITDA at $288 million [1][2][18] Financial Performance - The company declared a dividend of $0.82 per share, payable on January 15, 2026, to stockholders of record by December 15, 2025 [2] - Year-to-date results are ahead of plan, prompting an increase in Adjusted EBITDA guidance for 2025 to a range of $1,115 million to $1,145 million [2][9] Business Updates - Significant progress was made in both commercial and construction activities during the quarter [2] - The company reached a final investment decision on the Guardian Pipeline "G3" expansion, increasing pipeline capacity by approximately 537 million cubic feet per day (MMcf/d), a 40% increase [6] - The LEAP Phase 4 expansion project was placed in-service ahead of schedule and on budget [6] Company Overview - DT Midstream operates natural gas interstate and intrastate pipelines, storage, and gathering systems, serving utilities, power plants, and large industrial customers across the U.S. and Canada [3] - The company aims to achieve net zero greenhouse gas emissions by 2050, with a target of 30% carbon emissions reduction by 2030 [3] Financial Metrics - Adjusted EBITDA is defined as GAAP net income before interest, taxes, depreciation, and amortization, adjusted for non-routine items [5][8] - Distributable Cash Flow (DCF) is calculated by adjusting net income for various expenses and is considered a key measure of the company's ability to generate cash earnings [8][22]