RICHMOND, Va., Nov. 13, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), announced today that it will redeem for cash all outstanding shares of its 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, without par value (the Series B Preferred Stock), effective Dec. 15, 2024 (the Redemption Date), at a price of $1,000 per share, which is equal to the per-share liquidation preference of the Series B Preferred Stock. Because the Redemption Date is not a business day, the redemption will be processed on Dec. 16, 2024. There are 360,410 shares of Series B Preferred Stock outstanding with an aggregate liquidation preference of approximately $360 million.

Exceeded initial objectives with 78 monopile foundations and 4 offshore substation foundations safely installed since May 22Second installation season begins May 2025CVOW is fully permitted by state and federal authorities, remains on-budget and on schedule to complete construction in late 2026RICHMOND, Va., Nov. 1, 2024 /PRNewswire/ -- Dominion Energy announced today that 78 monopile foundations and 4 offshore substation foundations were installed for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) project during the first installation season, achieving the company's initial objectives of at least 70 monopiles set into the sea floor 27 miles off the coast of Virginia Beach.

Third-quarter 2024 GAAP net income of $1.12 per share; operating earnings (non-GAAP) of $0.98 per shareCompany narrows its full-year 2024 operating earnings guidance range to $2.68 to $2.83 per share, preserves original midpoint of $2.75 per shareRICHMOND, Va., Nov. 1, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP or reported earnings) for the three months ended Sept. 30, 2024, of $954 million ($1.12 per share) compared with net income of $157 million ($0.16 per share) for the same period in 2023. Operating earnings (non-GAAP) for the three months ended Sept. 30, 2024, we

RICHMOND, Va., Oct. 31, 2024 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE:D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on Dec. 20, 2024, to shareholders of record at the close of business Nov. 29, 2024. This is the 387th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared July 31, 2024. View original content:https://www.prnewswire.com/news-releases/dominion-energy-declares-quarterly-dividend-of-66-75-cents-302293301.html SOURCE Dominion Energy

Improves Dominion Energy's quantitative & qualitative business risk profile via highly credit-positive partnershipStonepeak to fund 50% of project construction costs with meaningful protection from any unforeseen increases in the current project construction budgetSuccessfully concludes ~$21 billion debt reduction initiatives associated with Dominion Energy's business reviewRICHMOND, Va. and NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), today announced that it has closed on a transaction to sell a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. Dominion Energy will retain full operational control of the const

SMR development could play a pivotal role in an 'all-of-the-above' energy solution to meet robust electricity demand growthAgreement will explore innovative commercial and financing structures to advance a potential projectDominion Energy committed to the credit and risk profile objectives of the recently concluded business reviewRICHMOND, Va., Oct. 16, 2024 /PRNewswire/ -- Dominion Energy Virginia and Amazon have entered into a Memorandum of Understanding (MOU) to explore innovative new development structures that would help advance potential Small Modular Reactor (SMR) nuclear development in Virginia.

"All-of-the-above" approach includes more power generation from every source, historic grid upgrades and energy efficiency programs to maintain grid reliability while meeting unprecedented growth in power demandNearly 80% of incremental power generation in the plan is carbon-free, including more solar, more storage, more offshore wind, and more nuclear resourcesRICHMOND, Va., Oct. 15, 2024 /PRNewswire/ -- In its 2024 Integrated Resource Plan (IRP) filed today with the Virginia State Corporation Commission (SCC) and the North Carolina Utilities Commission (NCUC), Dominion Energy Virginia laid out multiple portfolio options to meet rising power demand through significant investments in new pow

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 introduced several new features, including: Smart organization: The new layout

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning processCollaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliabilityRICHMOND, Va., Oct. 7, 2024 /PRNewswire/ -- Dominion Energy Virginia, American Electric Power and FirstEnergy Corp. have entered into an innovative joint planning agreement to propose several new regional electric transmission projects across multiple states within the PJM footprint.  The innovative c

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability AKRON, Ohio, Oct. 7, 2024 /PRNewswire/ -- FirstEnergy Corp., Dominion Energy Virginia and American Electric Power have entered into an innovative joint planning agreement to propose several new regional electric transmission projects across multiple states within the PJM footprint. The innovative collaboration comes at a time when efficient and cost-effective regional transmission development is essential and e

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RICHMOND, Va., Nov. 13, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), announced today that it will redeem for cash all outstanding shares of its 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, without par value (the Series B Preferred Stock), effective Dec. 15, 2024 (the Redemption Date), at a price of $1,000 per share, which is equal to the per-share liquidation preference of the Series B Preferred Stock. Because the Redemption Date is not a business day, the redemption will be processed on Dec. 16, 2024. There are 360,410 shares of Series B Preferred Stock outstanding with an aggregate liquidation preference of approximately $360 million.

Third-quarter 2024 GAAP net income of $1.12 per share; operating earnings (non-GAAP) of $0.98 per shareCompany narrows its full-year 2024 operating earnings guidance range to $2.68 to $2.83 per share, preserves original midpoint of $2.75 per shareRICHMOND, Va., Nov. 1, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP or reported earnings) for the three months ended Sept. 30, 2024, of $954 million ($1.12 per share) compared with net income of $157 million ($0.16 per share) for the same period in 2023. Operating earnings (non-GAAP) for the three months ended Sept. 30, 2024, we

RICHMOND, Va., Oct. 31, 2024 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE:D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on Dec. 20, 2024, to shareholders of record at the close of business Nov. 29, 2024. This is the 387th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared July 31, 2024. View original content:https://www.prnewswire.com/news-releases/dominion-energy-declares-quarterly-dividend-of-66-75-cents-302293301.html SOURCE Dominion Energy

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability AKRON, Ohio, Oct. 7, 2024 /PRNewswire/ -- FirstEnergy Corp., Dominion Energy Virginia and American Electric Power have entered into an innovative joint planning agreement to propose several new regional electric transmission projects across multiple states within the PJM footprint. The innovative collaboration comes at a time when efficient and cost-effective regional transmission development is essential and e

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, domestic callers should dial 1-800-267-6316 and international callers should dial 1-785-424-1789. The conference ID for the telephonic earnings call is DOMINION. Participants should dial in 1

Second-quarter 2024 GAAP net income of $0.65 per share; operating earnings (non-GAAP) of $0.65 per shareCompany reaffirms all financial guidance provided at its March 1, 2024, investor meeting, including guidance related to earnings, credit, and dividendRICHMOND, Va., Aug. 1, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended June 30, 2024, of $572 million ($0.65 per share) compared with net income of $583 million ($0.67 per share) for the same period in 2023. Operating earnings (non-GAAP) for the three months ended June 30, 20

RICHMOND, Va., July 31, 2024 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE:D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on Sept. 20, 2024, to shareholders of record at the close of business Aug. 30, 2024. This is the 386th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 7, 2024. View original content to download multimedia:https://www.prnewswire.com/news-releases/dominion-energy-declares-q

RICHMOND, Va., July 5, 2024 /PRNewswire/ -- Dominion Energy (NYSE:D) will host its second-quarter 2024 earnings call at 10 a.m. ET on Thursday, Aug. 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, domestic callers should dial 1-800-343-1703 and international callers should dial 1-785-424-1116. The passcode for the telephonic earnings call is 40578. Participants should dial in 10

RICHMOND, Va., June 5, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE:D), today announced the expiration and final results of its previously announced tender offer (the Offer) to purchase for cash any and all of its outstanding 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, without par value, with a $1,000 liquidation preference per share (Series B Preferred Shares), at a purchase price of $997.50 per share, plus Accrued Dividends (as defined below). The Offer expired one minute after 11:59 P.M., New York City time, on June 4, 2024 (such tim

RICHMOND, Va., May 7, 2024 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE:D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on June 20, 2024, to shareholders of record at the close of business May 31, 2024. This is the 385th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Jan. 26, 2024.   View original content to download multimedia:https://www.prnewswire.com/news-releases/dominion-energy-declares-q

RICHMOND, Va., Oct. 2, 2023 /PRNewswire/ -- Dominion Energy (NYSE:D) today announced the retirement of Carter M. Reid, executive vice president, chief of staff & corporate secretary of Dominion Energy and president-Dominion Energy Services, who will step down from her roles on Jan. 1, 2024. The company also announced that it is promoting Carlos M. Brown, senior vice president, chief legal officer, and general counsel, to president-Dominion Energy Services and executive vice president, chief legal officer, and corporate secretary of Dominion Energy. Those changes are also effective Jan. 1, 2024. Brown will continue reporting to Robert M. Blue, chair, president and chief executive officer.

RICHMOND, Va., April 12, 2023 /PRNewswire/ -- Dominion Energy (NYSE:D) today announced that Daniel G. Stoddard, senior vice president & chief nuclear officer and president-Contracted Assets, will retire, effective Aug. 1, 2023. The company also announced that it has hired Eric S. Carr, president and chief nuclear officer of PSEG Nuclear. Carr will begin his tenure at Dominion Energy on June 5, 2023, as president-Nuclear Operations and will add the chief nuclear officer title on July 1, 2023. Said Robert M. Blue, chair, president and chief executive officer: "Dan Stoddard has h

MCLEAN, Va., Oct. 8, 2021 /PRNewswire-PRWeb/ -- Northern Virginia Technology Council (NVTC), the trade association representing the national capital region's technology community; InterGlobix LLC, a global solutions company focused on the convergence of data centers, terrestrial fiber and subsea fiber; and Dominion Energy, providing reliable, affordable, clean energy to nearly seven million customers in 16 states, today announce the appointment of InterGlobix's President Vinay Nagpal as the chair and Dominion Energy Director of Customer Solutions and Strategic Partnerships Stan Blackwell as vice chair of NVTC's Data Center and Cloud Community effective October 1, 2021. As one of the nation'

Seasoned business leader brings operational and DEI expertise to fuel next phase of corporate growth PROS Holdings, Inc. (NYSE:PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced the appointment of Leland T. "Lee" Jourdan to its board of directors effective June 1, 2021. Jourdan joins the board as an independent director. Jourdan is a seasoned business development and diversity, equity and inclusion (DEI) leader within the Oil & Gas industry. Recently retired from Chevron (NYSE:CVX), he spent the past 18 years in senior management roles including Chief Diversity and Inclusion Officer, Senior Management Sponsor, and Vice President, Commerc

Compared to rates at time of original request in March and offset by fuel cost reduction and other factors, settlement's rate request would represent net 1% increase for residential customer's electric rateSignificant proposed customer benefits include bill credit, additional energy efficiency fundsNo change to Dominion Energy's existing financial guidanceCAYCE, S.C., July 12, 2024 /PRNewswire/ -- Dominion Energy South Carolina, Inc. (DESC), a wholly owned subsidiary of Dominion Energy, Inc. (NYSE:D), together with other parties of record, today submitted a comprehensive settlement agreement in DESC's pending general electric rate case for approval by the Public Service Commission of South C

On Wednesday, Dominion Energy, Inc. (NYSE:D) issued a Request for Proposals to assess the feasibility of developing a smaller modular reactor (SMR) at its North Anna site in Virginia. Notably, SMRs offer the same reliability and environmental advantages as traditional nuclear power but with a considerably smaller footprint and reduced upfront capital costs. The RFP represents an initial step in evaluating SMR technology and the North Anna site’s potential to meet Dominion Energy customers’ future energy needs, aligning with the company’s latest Integrated Resource Plan. The company further stated its intention to file for rider recovery of SMR development expenses with the Virginia

9 analysts have shared their evaluations of Dominion Energy (NYSE:D) during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 7 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 5 1 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $50.78, a high estimate of $55.00, and a low estimate of $43.00. This upward trend is evident, with

BMO Capital analyst James Thalacker maintains Dominion Energy (NYSE:D) with a Market Perform and lowers the price target from $52 to $51.

Dominion Energy, Inc.‘s (NYSE:D) subsidiary Virginia Electric and Power Company agreed to acquire the Kitty Hawk North Wind offshore wind lease and associated developments (known as CVOW-South) from Avangrid, Inc. (NYSE:AGR) for $160 million. The transaction value comprises $117 million for the lease acquisition and $43 million for related development cost reimbursement to Avangrid. Notably, the acquisition includes a payment of approximately $3,000 per acre for the nearly 40,000-acre lease. CVOW-South is projected to generate 800 MW of offshore wind generation capacity by the 2030s, providing electricity for 200,000 homes and businesses. Virginia Electric and Power Company is co

Big Tech’s race toward developing artificial intelligence (AI) has devastating, although possibly preventable, effects on the environment. For example, Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) unveiling of Google AI Overviews. The automatically enabled feature eats up an estimated three watt-hours of electricity per search. That’s 10 times the power consumption of a traditional Google search. Additionally, AI facilities and data centers use substantial water to cool their servers and could consume 25% of U.S. power by 2030. Demand for data center power is projected to more than double by 2030, largely due to AI. Although demand is substantial, energy providers are having diff

Dominion Energy's (NYSE:D) short percent of float has risen 18.09% since its last report. The company recently reported that it has 18.61 million shares sold short, which is 2.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.49 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

Wisconsin-based retailer Kohls Corp (NYSE:KSS) recently said it would not sponsor the Milwaukee-hosted Republican National Convention, July 15-18. Other companies will still sponsor the event; the convention comes just days after former President Donald Trump‘s New York trial sentencing. Kohl’s Backs Out: CNBC reported on Thursday that Kohl’s would not sponsor the event. "Kohl's is not a political organization nor donor and is not sponsoring nor engaging in any specific RNC events," a spokeswoman told CNBC. "We support the business community through the Metropolitan Milwaukee Association of Commerce.” The Metropolitan Milwaukee Association of Commerce (MMAC) disperses some funds to