The Atlantic Hurricane season spans from Jun 1 to Nov 30 and brings severe storms, which impact the electric supply infrastructure of the utility companies. Nature’s fury is unpredictable and to reduce the impact of severe weather conditions, utilities have invested millions of dollars in fortifying their infrastructure. For 2024, the National Oceanic and Atmospheric Administration has predicted an 85% chance of an above- normal hurricane season, with 17-25 named storms and eight to 13 hurricanes, including ...

Investors might want to bet on Dominion Energy (D) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a cha ...

The most recent trading session ended with Dominion Energy (D) standing at $49.19, reflecting a -1.42% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.09%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq added 0.16%. The energy company's stock has dropped by 5.47% in the past month, falling short of the Utilities sector's loss of 2.12% and the S&P 500's gain of 2.83%. The upcoming earnings release of Dominion Energy will be of great ...

These companies pay well above average dividends. Investing in dividend stocks is a great way to start collecting passive income. Many companies pay dividends, with some offering very attractive payouts. Several high-quality dividend stocks currently yield over 5%, significantly above the S&P 500's average of around 1.3%. Here are five great higher-yielding dividend stocks to buy right now for passive income. Generating lots of income Dominion Energy (D 1.40%) currently has a dividend yield of around 5.5%. ...

$113,000 awarded to 13 nonprofits in North Carolina Grants awarded to 373 organizations across seven states Funding supports human needs, environmental stewardship, education, and community vitality ELIZABETH CITY, N.C., June 18, 2024 /PRNewswire/ -- The Dominion Energy Charitable Foundation recently awarded more than $4.2 million in grants to nonprofit organizations across seven states. These recipients will expand nutritious options in communities facing food insecurity, increase mental health services, i ...

patpitchaya Introduction It's time to talk about Dominion Energy, Inc. (NYSE:D), the struggling utility company with a horrible long-term total return in a sector that also failed to perform well. Over the past decade, the Utilities Select Sector ETF (XLU) has returned just 127%, lagging the S&P 500 (SP500) by more than 100 points. Even worse, Dominion Energy returned just 12%. All of these numbers include reinvested dividends. Data by YCharts The good news is that weakness can provide opportunities. Althou ...

Dominion Energy (D) ended the recent trading session at $51.46, demonstrating a +0.04% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%. Heading into today, shares of the energy company had lost 3.07% over the past month, lagging the Utilities sector's loss of 1.53% and the S&P 500's gain of 3.25% in that time. Analysts and investors alike will be keeping a close eye ...

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 on ...

Dominion Energy (D) announced that its unit Dominion Energy Virginia has completed burying 2,000 miles of overhead power lines, which is part of the company’s Strategic Underground Program. The shifting of power lines underground will lower storm-related outages and reduce the time for restoration of power in outage-prone areas during the hurricane season. The Atlantic hurricane season began on Jun 1 and will run through Nov 30. The hurricane season brings in severe storms, which impact the electric supply ...

Milestone marks significant progress in the company's Strategic Underground Program Program reduces outages and restoration time by burying lines in most outage-prone areas Company reminds customers how to prepare for hurricane season RICHMOND, Va., June 3, 2024 /PRNewswire/ -- Just ahead of the Atlantic hurricane season, Dominion Energy Virginia has finished burying 2,000 miles of previously-overhead power lines as part of its Strategic Underground Program. Launched in 2014 to reduce storm-related power ou ...