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Dominion Energy Inc (D.N)

D.N on New York Stock Exchange

80.29USD
24 May 2017
Change (% chg)

$0.58 (+0.73%)
Prev Close
$79.71
Open
$79.82
Day's High
$80.34
Day's Low
$79.71
Volume
422,241
Avg. Vol
782,959
52-wk High
$80.36
52-wk Low
$69.51

Latest Key Developments (Source: Significant Developments)

Dominion energy announces remarketing of 2014 series a 1.50 pct remarketable subordinated notes due 2020
Monday, 15 May 2017 04:42pm EDT 

May 15 (Reuters) - Dominion Energy Inc :Dominion Energy announces remarketing of 2014 series a 1.50 pct remarketable subordinated notes due 2020.Notes will bear interest at 2.579 pct per year and be redesignated as dominion energy's "2.579 pct junior subordinated notes due 2020.Remarketing is expected to close on May 18, 2017.Dominion Energy will not directly receive any proceeds from remarketing of notes.  Full Article

Dominion to acquire large-scale solar facility under construction in North Carolina
Thursday, 4 May 2017 02:00pm EDT 

May 4 (Reuters) - Dominion Resources Inc :Dominion to acquire large-scale solar facility under construction in North Carolina.Dominion Resources -plans to purchase a 79-megawatt solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables.Dominion Resources inc says a power purchase agreement is in place for offtake from solar facility.  Full Article

Dominion resources Q1 operating earnings per share $0.97
Thursday, 4 May 2017 07:30am EDT 

May 4 (Reuters) - Dominion Resources Inc :Dominion announces first-quarter earnings.Reaffirms fy 2017 operating earnings per share view $3.40 to $3.90.Q1 operating earnings per share $0.97.Q1 earnings per share $1.01.Fy2017 earnings per share view $3.65 -- Thomson Reuters I/B/E/S.Sees q2 2017 operating earnings per share $0.60 to $0.70.Q1 earnings per share view $0.96 -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.Qtrly operating revenue $ 3,384 million versus $ 2,921 million.Q1 revenue view $3.53 billion -- Thomson Reuters I/B/E/S.Dominion resources - greensville county power station project is now about 30 percent complete and expected to achieve commercial operations in late 2018.Dominion resources inc- atlantic coast pipeline project is expected to begin construction in second-half of 2017.Dominion resources - expects negative drivers for q2 to include lower earnings from cove point due to roll-off of one of the import contracts.Dominion resources - expects negative drivers for q2 to also include lower hedged power prices at millstone, step down in solar investment tax credits.  Full Article

Dominion Resources CEO Thomas Farrell's FY 2016 total compensation $13.3 mln vs $9.7 mln in FY 2015
Monday, 20 Mar 2017 04:22pm EDT 

Dominion Resources Inc : CEO Thomas Farrell's FY 2016 total compensation $13.3 million versus $9.7 million in FY 2015 - sec filing .CFO Mark Mcgettrick's FY 2016 total compensation $5.0 million versus $3.2 million in FY 2015.  Full Article

Dominion announces 2 solar energy projects in South Carolina
Monday, 20 Mar 2017 01:00pm EDT 

Dominion Resources Inc : Announces two large-scale solar energy projects in South Carolina . Two large-scale solar energy projects in South Carolina- Jasper County projects expected to be completed in 2017 .Developments announced today would expand co's operating solar fleet to 9 states and over 1,500 megawatts by end of this year.  Full Article

Dominion Midstream Partners reports qtrly net income per unit $0.38
Wednesday, 1 Feb 2017 07:31am EST 

Dominion Midstream Partners LP : Dominion Midstream Partners announces fourth-quarter 2016 earnings . Dominion Midstream Partners LP - management affirms targeted 22 pct annual distribution growth through 2020 . Qtrly net income per unit $0.38 . Qtrly operating revenue $177.5 million versus $82.7 million .Q4 earnings per share view $0.32, revenue view $93.6 million -- Thomson Reuters I/B/E/S.  Full Article

Dominion reports Q4 operating EPS $0.99
Wednesday, 1 Feb 2017 07:30am EST 

Dominion Resources Inc : Dominion announces fourth-quarter and full-year 2016 earnings . Sees Q1 2017 operating earnings per share $0.90 to $1.10 . Sees FY 2017 operating earnings per share $3.40 to $3.90 . Q4 operating earnings per share $0.99 . Expects at least 10 pct growth in operating earnings in 2018 and compound average growth of 6-8 pct through 2020 . Expects full-year 2017 operating earnings in range of $3.40-$3.90 per share . Qtrly operating revenue $3.08 billion versus $2.56 billion . Expects a 6 to 8 percent compound average growth rate in earnings through 2020 from a 2017 base . FY2017 earnings per share view $3.78 -- Thomson Reuters I/B/E/S . Q1 earnings per share view $1.07 -- Thomson Reuters I/B/E/S . Q4 revenue view $3.83 billion -- Thomson Reuters I/B/E/S ."we anticipate being able to increase dividend at greater than 8 percent beginning in 2018".  Full Article

Dominion Resources says entered underwriting agreement for sale of $400 million aggregate principal amount of co's 2017 series a 1.875% senior notes due 2019
Thursday, 12 Jan 2017 09:19am EST 

Dominion Resources Inc : Dominion Resources says entered underwriting agreement for sale of $400 million aggregate principal amount of co's 2017 series a 1.875% senior notes due 2019 .Dominion Resources says entered underwriting agreement for sale of $400 million aggregate principal amount of co's 2017 series b 2.75% senior notes due 2022.  Full Article

Dominion Resources files for potential senior notes offering, size not disclosed
Monday, 9 Jan 2017 08:49am EST 

Dominion Resources Inc :Files for potential senior notes offering, size not disclosed - SEC filing.  Full Article

Dominion Midstream to acquire Questar Pipeline
Monday, 31 Oct 2016 06:19am EDT 

Dominion Midstream Partners Lp : Dominion Midstream Partners lP - deal for consideration of approximately $1.725 billion . Dominion -commitments received from group of institutional investors led by stonepeak infrastructure for $137.5 million of common limited partner units . Dominion - commitments received from a group of institutional investors for up to $600 million of convertible preferred units . Dominion - upon closing, the acquisition of questar pipeline, will be immediately accretive to dominion midstream's distributable cash flow . Dominion -$300 million term loan provided by a group of banks, allowing dominion midstream to repay existing term loan currently provided by dominion . Deal is also expected to more than double dominion midstream's existing adjusted EBITDA . Dominion - Dominion plans to use proceeds from questar pipeline dropdown into dominion midstream to retire outstanding debt. . Dominion - intends to finance deal partly through equity offerings, commitments received from group of institutional investors .Dominion - also intends to finance deal from common, preferred units to be issued to dominion, $300 million term loan.  Full Article

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BRIEF-Dominion to acquire large-scale solar facility under construction in North Carolina

* Dominion to acquire large-scale solar facility under construction in North Carolina