Workflow
Electric Utilities
icon
Search documents
Dominion Energy (D) Q4 2025 Earnings Transcript
Yahoo Finance· 2026-02-23 17:40
Before turning it over to Bob, let me hit on a few final related topics from our long-term financial outlook. First, electric demand growth, which for Virginia is illustrated on slide seven. Bob will cover specific drivers in his prepared remarks, including the differentiated high quality and low risk nature of our data center pipeline. We are continuing to observe tangible data points that underscore the real-time nature of this accelerating demand trend. For instance, in 2025, weather-normal sales in the ...
Dominion Energy, Inc. Q4 2025 Earnings Call Summary
Yahoo Finance· 2026-02-23 17:32
Management attributed 2025 outperformance to high-quality earnings and robust credit results, achieving the highest CFO pre-working-capital to debt metric since 2012. The 30% increase in the five-year capital plan to $65 billion is driven primarily by Dominion Energy Virginia, home to the world's largest data center market. Data center demand is characterized as 'high quality' and 'low risk' because forecasts are based on 20-plus gigawatts of signed Electrical Service Agreements (ESAs) rather than prelimina ...
Dominion Energy Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2026-02-23 17:20
Key Takeaways Dominion Energy's Q4 EPS rose 17.2% to 68 cents, surpassing estimates by 6.3%.D's Q4 revenue of $4.09B topped estimates by 14.9%, up 20.4% YoY.Dominion Energy connected 11 new data centers in Virginia in 2025, with 13 planned for 2026.Dominion Energy Inc. (D) delivered fourth-quarter 2025 operating earnings of 68 cents per share, which beat the Zacks Consensus Estimate of 64 cents by 6.3%. The bottom line increased 17.2% from the year-ago quarter's level. GAAP earnings were 65 cents per share ...
IDACORP Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-23 17:07
On taxes, management said 2025 results included about $40 million of additional tax credit amortization, compared with “almost $30 million ” in 2024. Buckham said Idaho Power amortized $40.3 million under Idaho’s mechanism to reach a 9.12% lower level of Idaho return on year-end equity. He also cited a $20.4 million decrease in income tax expense (excluding additional ADITC amortization), driven primarily by state tax return adjustments and standard plant-related flow-through items.Non-operating expense ros ...
Dominion Energy(D) - 2025 Q4 - Earnings Call Transcript
2026-02-23 17:02
Financial Data and Key Metrics Changes - Dominion Energy reported full year 2025 operating earnings of $3.42 per share, exceeding the midpoint of guidance, with GAAP earnings at $3.45 per share [6][8] - The company expects 2026 operating earnings per share, excluding RNG 45Z credit income, to be between $3.40 and $3.60, representing a 6.1% increase from the 2025 guidance midpoint of $3.30 [9][14] - The estimated CFO pre-working capital to debt ratio is nearly 100 basis points above the downgrade threshold, marking the highest result since 2012 [8] Business Line Data and Key Metrics Changes - The Coastal Virginia Offshore Wind project is over 70% complete, with first power expected by the end of March 2026 [20][21] - The project budget stands at $11.5 billion, including a contingency of $155 million [22] - The data center pipeline has grown to over 48 GW, an increase of approximately 1.4 GW or 3% since September 2025 [30] Market Data and Key Metrics Changes - Weather-normal sales in Dominion Energy Virginia increased by 5.4% in 2025, with all top 20 peak demand days occurring in the last 14 months [10] - Customer rates at Dominion Energy Virginia and South Carolina remain lower than the national average, with expected increases of around 2.6% and 2.8% respectively [26] Company Strategy and Development Direction - The company is focused on three principal priorities: achieving financial commitments, major construction milestones for the Coastal Virginia Offshore Wind project, and constructive regulatory outcomes [5] - A significant increase in the 5-year capital investment forecast from $50 billion to approximately $65 billion, primarily at Dominion Energy Virginia, is aimed at meeting growing customer demand [11][12] - The company aims for a long-term operating earnings per share growth rate of 5%-7% annually, with a bias towards the upper half of that range starting in 2028 [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the execution of their plan, despite facing both tailwinds and headwinds [17] - The company is committed to maintaining competitive rates while improving operational efficiency and customer service [28] - Management highlighted the importance of regulatory and construction execution, stable financing markets, and customer affordability in achieving future growth [16] Other Important Information - The company achieved record-setting safety performance in 2025, with an OSHA recordable rate of 0.26 [20] - The Virginia State Corporation Commission approved the Certificate of Public Convenience and Necessity for the Chesterfield Energy Reliability Center, expected to cost approximately $1.5 billion [35] Q&A Session Summary Question: EPS growth and CapEx increase - Management noted that the EPS growth guidance reflects a conservative approach, with adjustments made for Section 45Z credits and the impact of Millstone's pricing post-PPA expiration [44][47] Question: Data center ramp and CapEx outlook - Management confirmed that data center expectations are based on historical performance and existing contracts, with a focus on deploying capital to support long-term financial performance [50][53] Question: CVOW turbine installation cadence - Management indicated that the majority of turbine installations are expected in 2026, with a target of approximately 2.25 days per installation [63] Question: Utility capital plan and PJM transmission - Management confirmed that the PJM transmission projects are included in the capital plan, with a portfolio approach extending beyond 2030 [72][76] Question: Dividend payout considerations - Management acknowledged the trend of peers reducing payout ratios and indicated that this will be considered when making future decisions on dividend growth [77] Question: New nuclear technology evaluation - Management is still evaluating new nuclear technology and does not currently have capital allocated for small modular reactors in the 5-year plan [78]
Dominion Energy(D) - 2025 Q4 - Earnings Call Presentation
2026-02-23 16:00
Q4 2025 earnings call February 23, 2026 Important note for investors This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding Dominion Energy. The statements relate to, among other things, expectations, estimates and projections concerning the business and operations of Dominion Energy. We have used the words "path", "anticipate", "believe", "forecast", "could", "estimate", "expect", "intend", "may", "plan", "outlook", ...
Here's Why Consolidated Edison (ED) is a Strong Value Stock
ZACKS· 2026-02-23 15:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...
Vistra to Release Q4 Earnings: How Will the Stock Perform This Season?
ZACKS· 2026-02-23 15:21
Key Takeaways VST is set to report Q4 results with revenues up 32% and EPS up 120% year over year.Vistra's clean power demand, hedging strategy and share buybacks likely supported Q4 performance.VST trades at a premium valuation, despite strong 64.04% ROE and expanding nuclear capacity.Vistra Corp. (VST) is expected to deliver an improvement in both top and bottom lines when it reports fourth-quarter 2025 results on Feb. 26, before market open. The Zacks Consensus Estimate for VST’s fourth-quarter revenues ...
Dean Capital Adds Portland General Electric Shares
Yahoo Finance· 2026-02-23 13:01
Core Insights - Dean Capital Management has initiated a new stake in Portland General Electric by purchasing 79,207 shares valued at $3.8 million as of quarter-end [1][5] - The company has a diversified generation portfolio and extensive transmission infrastructure, serving nearly a million customers in the Pacific Northwest [4][8] - Portland General Electric's stock has performed well, gaining 18.2% over the last year, with a total return of 24% including dividends, outperforming the S&P 500 index [6] Company Overview - Revenue for Portland General Electric is reported at $3.4 billion, with a net income of $306 million and a dividend yield of 4.0% [3] - The company's stock price was $52.44 as of market close on February 20 [3] - The company operates thermal, wind, and hydroelectric facilities across Oregon, generating revenue primarily through regulated retail and wholesale sales of electricity [8] Recent Developments - Dean Capital's new position in Portland General Electric is now the sixth-largest among its 118 holdings, representing 1.6% of its $234.7 million assets under management [5] - The company's adjusted earnings per share decreased from $3.14 to $3.05 last year, but it anticipates growth due to high demand in areas influenced by generative artificial intelligence [9] - Portland General Electric has agreed to acquire certain operations from PacifiCorp for $1.9 billion, expanding its market presence [9]
South Korean farmers sue utility giant KEPCO over climate damage to crops
UPI· 2026-02-23 11:52
1 of 6 | Farmer Ma Yong-un, seen here in his apple orchard in November, is one of five plaintiffs in a landmark civil suit against state-owned utility KEPCO for climate-related agricultural damages. Photo by Thomas Maresca/UPI HAMYANG, South Korea, Feb. 23 (UPI) -- As harvest season approached last November, farmer Ma Yong-un walked through his apple orchard in southern South Korea with a growing sense of dread. The Fuji apples hanging from the trees were pale, lacking the deep red color that signals sweetn ...