In addition to Momentum, Estimate Revisions and Quality, A+ Investor also provides grades for Value and Growth. The stock current value is $58.57.Recently in News on Feb Given that backdrop, it makes sense that Dominion Energy's stock has lagged its peers. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. Vi, Yahoo, r en del av Yahoos varumrkesfamilj. Dominion Energy (D) reportedly is considering the sale of its multi-billion dollar stake in the Cove Point LNG facility. The long-term goal has been to create more stable top- and bottom-line performance so that investors can be more sure of what to expect from the company over time. View institutional ownership trends. Domino's delivery problems aren't over. This is certainly the case in relation to the earnings power, free cash flow generation and amidst rapidly rising interest rates. The stocks price range for the 52-week period managed to maintain the performance between $57.18 and $88.78. What should investors think after the latest earnings update? In fact, now that it has ripped the Band-Aid off, Dominion believes that it will be able to grow its earnings at around 6.5% a year for the foreseeable future. Dominion Energy's revenue for the quarter was up 26.6% on a year-over-year basis. PUBLISHED Jun 18, 2022, 2:25:38 PM SHARE. What is the Difference Between Energy and Utility Stocks? Dow Jones & Company is considered one of the world's largest business and financial news companies. In that light, the divestment was equal to just 10% of the valuation, while a much larger percentage in terms of earnings power was leaving the door. Dominion Energy is expected to generate $4.20/share in 2019. Ever since, it has been continued stagnation, as a built-up in leverage and higher interest rates do not make that I see great appeal here, in fact the contrary. Their D share price forecasts range from $58.00 to $92.00. . Why Do Utilities Have a High Debt-to-Equity Ratio? Dominion Stock Buy Hold or Sell Recommendation. These 2 key factors, when combined with the above, provide a holistic view into a stock. That update was less than inspiring. Dominion Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "D.". Presently, Dominion Energy Inc. shares are logging -34.03% during the 52-week period from high price, and 2.43% higher than the lowest price point for the same timeframe. How were Dominion Energy's earnings last quarter? Western countries are now scrambling for stable, renewable energy. But the recently announced dividend cut appears to contradict that messagingor does it? Macroaxis provides Dominion Energy buy-hold-or-sell recommendation only in the context of selected investment . . A Monday filing in Dominion Voting Systems' $1.6 billion lawsuit . It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks. Several Wall Street firms, like JPMorgan and UBS, downgraded the stock . Dominion Energy Inc currently has a 4.8% dividend yield. Finding value that gets unlocked in M&A, IPOs and other corporate events. However, it has also been acquiring utilities, most recently SCANA, to build up its regulated utility operations. So you dont need to get worried over the question of the why is Dominion Energy Stock dropping. Overview: After modest US equity gains yesterday, the weaker yen and Beijings approval of 60 new video games helped lift most of the large markets in the Asia Pacific region. Dominion Energy continues to struggle as a result of a non-consistent long-term strategy. Stranger Things About the Netflix Stock Drop in 2022. The board of directors of Dominion Energy (NYSE: D) has approved a 2023 dividend rate of $2.67, subject to quarterly determination and declaration by the board. The main exception in Asia Pacific was India, where the market rose by about 0.75%. The companys shares, operating in the sector of Utilities managed to top a trading volume set approximately around 2213856 for the day, which was evidently lower, when compared to the average daily volumes of the shares. He buys up valuable assets when they are very cheap. The Quality Score is used to assess the underlying quality of a particular stock. So, we will try our best to provide you with the best analysis on this energy stock in the backdrop of heightened inflation and a free fall of stock prices. Therefore, its a great opportunity for investors to earn a higher and steady income flow. AAII has helped over 2 million individuals Pull that out, and there's no way it could afford to keep paying its dividend at the same level as before. To wit, the Dominion Energy, Inc. share price is 10% higher than it was a year ago, much better than the market decline of around 14% (not including dividends) in the same period. View which stocks are hot on social media with MarketBeat's trending stocks report. The Smart Score is a quantitative, data-driven rating system and does not include human intervention. Taking into account the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Dominion Energy is 'Buy'. The consensus among Wall Street equities research analysts is that investors should "hold" D shares. One day, whilst hunting, he filled a goblet with water dropping from a rock. Mainly, the company will "re-base" its dividend from an annualized rate of $3.76 per share to $2.50, effective in Q4. *Average returns of all recommendations since inception. A test of your investing Philosophy!! Near a 10-Year Low, Could This High-Yield Dividend Stock Turn Around? Save my name, email, and website in this browser for the next time I comment. Oil & Gas 360 c/o EnerCom, Inc. 410 17th Street Suite 250 Denver, CO 80202 360support@enercominc.com 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243 Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Whether or not you should buy Dominion Energy Inc stock will ultimately depend on your individual goals, risk tolerance and allocation. March 01, 2023. It is currently valued at $1.02. Dominion Energy (NYSE:D) closed -6% in Monday's trading to its lowest in nine years, capping a 26% YTD drubbing, after suffering several downgrades from Wall Street analysts since announcing a "top-to-bottom" business review on November 4. A+ Investor adds to its qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions, find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs and understand your portfolio at a more detailed level. Dominion Energy has only been increasing its dividend for 1 years. Dominion Energy continues to struggle as a result of a non-consistent long-term strategy. Currently, the stock surpasses all other competitors in the market capitalization, amounting to 61.95B, only to be followed by Sempra with a market capitalization of 46.25B the second highest in the utility sector. Currently, Dominion Energy has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. Dominion Energy is a leading dividend payer. Dominion Energy Inc's trailing 12-month revenue is $17.2 billion with a 5.2% profit margin. AAII can help you figure these out and identify which investments align with what works best for you. Edison International Stock Price - A Stock To Hold In Recession, What Happened to Netflix Stock? Although the stock is fairly priced with a P/B ratio of 3.2, its price is closest to the 52 weeks low which was $70.37. What should investors think after the latest earnings update? View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. PEG Ratios above 1 indicate that a company could be overvalued. This suggests a possible upside of 20.5% from the stock's current price. And . Credit Suisse cut Dominion (D) to Neutral from Outperform, saying the review will remain an overhang for the shares until the review's completion; J.P. Morgan and Wolfe Research issued similar downgrades. 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dominion Energy in the last twelve months. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! You are wondering about the question why is dominion energy stock dropping but currently there is no answer, so let kienthuctudonghoa.com summarize and list the top articles with the question. For fourth-quarter 2020, Dominion expects operating earnings within 73-87 cents per share. Dominion Energy has a P/B Ratio of 1.76. report analyzing the tech stocks In the past three months, Dominion Energy insiders have not sold or bought any company stock. answer the question why is dominion energy stock dropping, which will help you get the most accurate answer. The following companies are subsidiares of Dominion Energy: 96WI 8me LLC, Align RNG Arizona LLC, Align RNG Arizona-Snowflake LLC, Align RNG California LLC, Align RNG California-Corcoran LLC, Align RNG Grady Road LLC, Align RNG LLC, Align RNG Magnolia LLC, Align RNG North Carolina LLC, Align RNG North Carolina-Bowdens LLC, Align RNG Utah LLC, Align RNG Utah-Milford LLC, Align RNG Utah-Minersville LLC, Align RNG Virginia LLC, Align RNG Virginia-Waverly LLC, Alpaca Holdings LLC, Angus Holdings LLC, Aster Holdings LLC, Atlantic Coast Pipeline LLC, BOE Holdings Inc., Bantam Holdings LLC, Bellflower Holdings LLC, Birdseye Holdings LLC, Birdseye Projects LLC, Birdseye Renewable Energy LLC, Blackville Solar Farm LLC, Blue Ocean Energy Marine LLC, BrightSuite Home LLC, BrightSuite Home Solar Inc., BrightSuite Inc., BrightSuite Solar CT Inc., BrightSuite Solar Development LLC, BrightSuite Solar SC Inc., BrightSuite Solar VA Inc., Brown Swiss Holdings II LLC, Buckingham Solar I LLC, CEA Americus LLC, CEA CO-Fort Morgan LLC, CEA Clovis LLC, CEA Dairy RNG Colorado LLC, CEA Dairy RNG Georgia LLC, CEA Dairy RNG Idaho LLC, CEA Dairy RNG Kansas LLC, CEA Dairy RNG Nevada LLC, CEA Dairy RNG New Mexico LLC, CEA Dairy RNG Texas LLC, CEA Greely LLC, CEA Mason LLC, CEA TX-Dimmitt LLC, CNG Coal Company, CNG Power Services Corporation, Canola Holdings LLC, Carolina Gas Transmission Corporation, Charolais Holdings LLC, Chester White Holdings LLC, Chicory Holdings LLC, Clean Energy Asset USA LLC, Clean Energy Enterprises Inc., Clipperton Holdings LLC, Collard Holdings LLC, Consolidated Natural Gas Company, Correctional Solar LLC, Cotswold Holdings LLC, Cove Point LNG Limited, Currant Holdings LLC, DE 700 Canal Place LLC, DE Arlington Solar LLC, DE Fluvanna Solar LLC, DE Hanover Solar LLC, DE Henrico Solar LLC, DE King William Solar LLC, DE Louisa Solar LLC, DE Newport News Solar LLC, DE Powhatan Solar LLC, DE Virginia Beach Solar LLC, DECP Holdings Inc., DEO Alternative Fuel LLC, Dairy RNG Holdings LLC, Denmark Solar LLC, Devon Holdings LLC, Dexter Holdings LLC, Dill Holdings LLC, Dillon RE Holdings LLC, Dominion ACP Holding Inc., Dominion Alternative Energy Holdings Inc., Dominion Atlantic Coast Pipeline LLC, Dominion Capital Inc., Dominion Cogen WV Inc., Dominion Energy Birdseye Holdings Inc., Dominion Energy Fuel Services Inc., Dominion Energy Gas Distribution LLC, Dominion Energy Generation Marketing Inc., Dominion Energy Inc., Dominion Energy Kewaunee Inc., Dominion Energy Marketplace LLC, Dominion Energy Nuclear Connecticut Inc., Dominion Energy Payroll Company Inc., Dominion Energy Questar Corporation, Dominion Energy RNG Holdings II Inc., Dominion Energy RNG Holdings Inc., Dominion Energy Services Inc., Dominion Energy Solar CA LLC, Dominion Energy South Carolina Inc., Dominion Energy Southeast Services Inc., Dominion Energy Technical Solutions Inc., Dominion Energy Technologies II Inc., Dominion Energy Technologies Inc., Dominion Energy Terminal Company Inc., Dominion Energy Wexpro Services Company, Dominion Equipment III Inc., Dominion Equipment Inc., Dominion Fairless Hills Inc., Dominion Fowler Ridge Wind LLC, Dominion Gas Projects Company LLC, Dominion Generation Inc., Dominion Greenbrier Inc., Dominion High Voltage Holdings Inc., Dominion High Voltage MidAtlantic Inc., Dominion Investments Inc., Dominion Keystone Pipeline Holdings Inc., Dominion Keystone Pipeline LLC, Dominion MLP Holding Company III Inc., Dominion Mt. What are the Dividend Policies of the Top Utility Stocks, All You Need to Know about Reinvesting and Dividends of Fractional Shares. Gas Distribution : Net income from this segment was $251 million, up 12.1% on a year-over-year basis. Read the latest stock experts ratings for Toronto Dominion (TD). See Full D Report. I see no real appeal at these levels, despite a soft share price performance, on the back of structural underperformance here. The truth is, this decision might actually be good for long-term investors. Is BBY A Buy or Sell? Read on to find out how (D) grades on certain investment factors and determine whether it meets your investment needs. Since the summer of 2020, about two and a half years ago by now, shares of Dominion have mostly traded in a $60-$90 range, and by now are actually trading near the very lower limit of the range, at $61 per share. Risk analysis. And, to make matters worse, the review is still ongoing and dependent on the outcome of regulatory matters in one of Dominion's most important markets. Click to get this free reportDominion Energy Inc. (D) : Free Stock Analysis ReportTo read this article on Zacks.com click here. Will the recent negative trend continue leading up to its next earnings release, or is Dominion Energy due for a breakout? (NYSE: D) Dominion Energy's current Earnings Per Share (EPS) is $1.09. Overall, Dominion Energy Inc stock has a Quality Grade of D, Momentum Grade of D Earnings Estimate Revisions Grade of C. Further, by joining A+ Investor you can see whether Dominion Energy Incs stock passes any of our 60+ stock screens that have outperformed the market since their creation. The utilities provider reported $1.06 EPS for the quarter, beating the consensus estimate of $1.03 by $0.03. In the last year 1 stock analyst on Stockchase covered Dominion Energy. 166 employees have rated Dominion Energy Chief Executive Officer Thomas F. Farrell II on Glassdoor.com. In the last 20 days, the companys Stochastic %K was 15.69% and its Stochastic %D was recorded 20.00%. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures. This A Test! It is offering a nearly 4.6% dividend yield, higher than some of its closest peers. Why is Dominion Energy stock dropping? $69.7 (22.28% upside) Analyst Consensus: Buy. The cut in profitability and dividend was huge in response to a deal which came in just below the $10 billion mark, as Dominion commanded a $70 billion equity valuation at $82 per share, all while net debt approached the $40 billion mark, for a sky high enterprise valuation of around $110 billion. The utilities provider can be reached via phone at (804) 819-2000, via email at investor.relations@dominionenergy.com, or via fax at 804-775-5819. 0:55. The dividend payout ratio is 244.95%. A Look at Five Leading Alternative Investment Platforms, O'Shaughnessy: Growth Market Leaders Screen. We forecast Dominion Energy stock performance using neural networks based on historical data on Dominion Energy stocks. . Over the last decade, it has worked to simplify its business. 15 analysts have issued 1-year price objectives for Dominion Energy's stock. Thomas F. Farrell II has an approval rating of 95% among the company's employees. The Earnings Estimate Revisions Score considers the magnitude of a companys earnings surprise in its last two reported fiscal quarters. It wasn't the only company facing material pushback, however, as the entire pipeline industry was seeing the same kind of trouble. In the case of Dominion, this dividend cut is likely going to make it an even more attractive dividend stock in the long term. Dividends are typically paid on the 20th day of March, June, September and December. Utility Stocks in a Recession- Are Utility Stocks a Good Buy Now? Does Dominion Energy have any subsidiaries? That's not a desirable outcome and compounds the concern over management having to go back to the drawing board on its long-term plans so soon after a big company overhaul. It is a Chinese company. However, it pays to think about why a dividend is being reduced before simply dumping a stock on such news. 326 E 8th St #105, Sioux Falls, SD 57103 Amidst aggressive reconciliation of reported earnings, a high dividend payout and large capital spending requirements of the business, net debt rose to roughly $43 billion here, a huge amount. I am not receiving compensation for it (other than from Seeking Alpha). Capture a web page as it appears now for use as a trusted citation in the future. Common stock shares were lifted by -6.09% during last recorded quarter. Which Dollar Store, If Any, is Worth Your Investment Dollars? Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. I have no business relationship with any company whose stock is mentioned in this article. Europe's Stoxx 600 is lower for the third consecutive session and is now down on the week. Year-over-year quarterly sales growth most recently was 26.6%. Identify stocks that meet your criteria using seven unique stock screeners. 2021 was another year of a mixed bag as revenues were largely stable around $14 billion on which net earnings of $3.3 billion, or $3.98 per share were reported, or $3.19 per share if we account for discontinued operations as the company continues to be highly indebted. Dominion's (D) strategic review could result in asset sales, but Goldman is not convinced such sales would materially impact the company's long-term earnings power, and that the review itself implies uncertainty ahead for the core businesses. The stock current value is $58.57.Recently in News on February 8, 2023, Dominion Energys Board of Directors Sets 2023 Dividend Rate; Declares Quarterly Dividend of 66.75 Cents. The company's goal is to support the dividend through whatever transition plans come out of the business review, but it may end up with its dividend payout ratio going above targeted levels in the 60% area. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The (capital allocation) strategy sees continued movement, as the alterations do not help in making a consistent strategy, while the resulting capital allocation decisions at times prove to be quite costly. Real-time analyst ratings, insider transactions, earnings data, and more. Payout ratios above 75% are not desirable because they may not be sustainable. Should I buy or sell Dominion Energy stock right now? Read Also: IS VISA Stock A BUY? Total operating expenses increased 33.7% year over year to $3,580 million due to an increase in operating and maintenance costs.Interest and related charges for the reported quarter were $306 million, down 17.3% from the year-ago period.Adjusted net income for the reported quarter was $916 million, down from $946 million in the year-ago quarter.Dominion has registered 1.4% and 2.1% increase in electric customers in Virginia and South Carolina, respectively, year to date. Stranger Things About the Netflix Stock Drop in 2022 and Why is Apple Dividend So Low? Is Best Buy still the Best Buy For Investors? Dominion Energy Inc. reported third-quarter 2020 operating earnings of $1.08 per share, which beat the Zacks Consensus Estimate by 8%. As you can observe the dividends were slashed in 2020 due to the Berkshire Hathaway deal. How Have Estimates Been Moving Since Then? D has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Boiling and ready to burst as Cingulate Inc. (CING) last month performance was 88.32%, Village Farms International Inc. (VFF): Dont disregard this ominous signal, Braemar Hotels & Resorts Inc. (BHR): Dont ignore this Blaring Warning Signal. On average, they predict the company's share price to reach $67.00 in the next year. Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement. Royal Bank of Canada ( TSX:RY ), Enbridge ( TSX:ENB ), and . The quarterly earnings were above the guidance range of 85 cents to $1.05 per share.GAAP earnings were 41 cents per share compared with $1.17 in the year-ago quarter. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Operating earnings, however, decreased 6.1% year over year. What can we learn from todays youth about investing? Learn More. As of February 28, 2023, Dominion Energy Inc had a $47.0 billion market capitalization, putting it in the 97th percentile of companies in the Utilities - Electric industry. 15 Wall Street research analysts have issued 12 month price targets for Dominion Energy's shares. Its operations also include a regulated interstate natural gas transmission pipeline and underground storage system. Moody's commented that the pipeline cancellation limits Dominion's remaining obligation to around $1 billion. Even as the shares of peers like Southern Company and Duke Energy have rebounded of late It means to say, the energy-producing organization is committed to meeting the demands of the upcoming market and thus, it is able to meet upcoming energy challenges, eventually increasing its dividend in the future. So the company still isn't providing much in the way of guidance beyond holding the line on the dividend and maintaining a strong balance sheet. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity The total Debt to Equity ratio for D is recording 1.64 at the time of this writing. particularly convince me. You can read further details here. Dominion Energy Inc has a Momentum Score of 30, which is Weak. At the end of the latest market close, Snowflake Inc. (SNOW) was valued at $154.65. Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Why is Dominion Energy stock dropping? According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 63.50, with a change in the price was noted -21.36. The Motley Fool has positions in and recommends Berkshire Hathaway. As a Dominion shareholder, I stuck around because of that outlook. The utilities provider earned $4.91 billion during the quarter, compared to analyst estimates of $4.21 billion. Dominion Energy's shares have nosedived, falling behind peers. The company provided EPS guidance of $0.97-1.12 for the period, compared to the consensus EPS estimate of $1.20. And it couldnt be more wrong! So we wouldn't blame long term Dominion Energy, Inc. shareholders for doubting their decision to hold, with the stock down 26% over a half decade.The share price has dropped 26% in three months. Historical Stock Quote. CNN media analyst Sara Fischer who is allowed to cover the case for her network says some network executives believe they will lose the case because there "was a discrepancy between what the hosts were saying, what . From To You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor. Price Target. However, the stock was allocated a grade of D on the value side, putting it in . But why invest in Middlesex Water Company? Pour Salt Down Your Drain At Night, Here's Why, Dominion Energy Inc. (D) : Free Stock Analysis Report. Dominion's higher yield comes with company-specific risks that may not be worth taking. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Finally, dominion energy stock is one of the stable stocks providing a stream of income or passive income that will be helpful for the recession when you had to cut back your finances. Dividend growth may disappoint given the high payout ratio, unless the company manages to grow its earnings per share." See who is leading new copper discoveries and how. Dominion Energy Virginia: Net income from this segment was $434 million, up 1.2% year over year. Based on earnings estimates, D will have a dividend payout ratio of 65.60% next year. The 1-year high price for the companys stock is recorded $63.94 on 01/04/23, with the lowest value was $57.71 for the same time period, recorded on 02/09/23. The inflation has reached as high as 8.6%, the first time in the forty years. Piedmont Natural Gas, Dominion propose small bill cuts for customers in the Carolinas, Fossil fuel profits are vital for green energy projects Dems routinely tout, Analysts Offer Insights on Utilities Companies: Devon Energy (DVN) and Exelon (EXC), Eversource Energy (ES) Q4 Earnings Miss Estimates, Sales Beat, Dominion CEO's Non-Salary Pay Is Now 100% Performance-Based, Suspects Cut Fence, Attempt Burglary at Dominion Energy Property in Loudoun County, Men arrested for allegedly cutting fence at Dominion Energy property in Loudoun County, Dominion Energy (NYSE:D) Has Announced A Dividend Of $0.6675, Dominion Energy, Inc. (NYSE:D) Q4 2022 Earnings Call Transcript, Duke Energy (DUK) Q4 Earnings Top Estimates, Revenues Rise Y/Y, Dominion Energy "on track" with 2.6 gigawatt offshore wind project - execs, UPDATE 2-Dominion 'on track' with $9.8 bln Virginia offshore wind farm, Dominion Energy (D) Q4 2022 Earnings Call Transcript, Dominion Energy Announces Fourth-Quarter and Full-Year 2022 Earnings, view top-rated stocks among Wall Street analysts. Reveals Which Markets Influence Others? Today, you can download 7 Best Stocks for the Next 30 Days. The bad news is that Dominion's midstream segment was expected to account for around a quarter of its earnings in 2020. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Sie knnen Ihre Einstellungen jederzeit ndern. What is the future of Dominion Energy stock? For the first nine months of 2020, cash provided from operating activities was $4,810 million, up 29.7% from $3,709 million in the comparable year-ago period. Therefore, it is high time to buy this cheap stock to compensate for the inflation and to save your finances during a more likely recession. U.S. utility giant Dominion Energy (D -1.69%) saw its share prices drop roughly 25% over the past year. The difference between GAAP and operating earnings was primarily attributable to the recognition of a customer credit reinvestment offset for the benefit of customers in Virginia, charges associated with long-term contracted renewable portfolio outside the company's core service areas, along with net gains on nuclear decommissioning trust funds. Companies similar to Dominion Energy Inc in the Utilities - Electric industry.
