Dominion Energy, Inc. (D) Bundle
A Brief History of Dominion Energy, Inc. (D)
Company Overview
Dominion Energy, Inc. is headquartered in Richmond, Virginia. As of 2024, the company operates in multiple states with significant energy infrastructure.
| Financial Metric | 2023 Value |
|---|---|
| Market Capitalization | $68.4 billion |
| Annual Revenue | $19.6 billion |
| Total Assets | $137.8 billion |
Energy Generation Portfolio
- Total electricity generation capacity: 29,500 megawatts
- Power generation mix:
- Natural Gas: 62%
- Nuclear: 18%
- Renewable Energy: 15%
- Coal: 5%
Service Territories
Dominion Energy provides services in:
- Virginia
- North Carolina
- South Carolina
- West Virginia
- Ohio
| State | Customers Served |
|---|---|
| Virginia | 2.7 million |
| North Carolina | 1.1 million |
Renewable Energy Investments
As of 2024, Dominion Energy has committed $8.2 billion to renewable energy projects, with a target of 9,500 megawatts of renewable generation by 2030.
Key Financial Performance
| Metric | 2023 Performance |
|---|---|
| Net Income | $3.4 billion |
| Dividend Yield | 4.2% |
| Stock Price (as of January 2024) | $62.75 |
Who Owns Dominion Energy, Inc. (D)
Institutional Ownership
As of Q4 2023, Dominion Energy's institutional ownership breakdown includes:
| Institutional Investor | Percentage of Ownership |
|---|---|
| Vanguard Group Inc | 9.32% |
| BlackRock Inc | 7.84% |
| State Street Corporation | 4.93% |
| Capital Research Global Investors | 3.71% |
Top Institutional Shareholders
- Vanguard Total Stock Market Index Fund: 2.94%
- Vanguard Institutional Index Fund: 1.75%
- SPDR S&P 500 ETF Trust: 1.22%
- Invesco QQQ Trust: 0.63%
Insider Ownership
As of December 2023, insider ownership stands at 0.10% of total shares.
Public Float
Total public float: 98.8% of outstanding shares.
Dominion Energy, Inc. (D) Mission Statement
Corporate Mission Overview
Dominion Energy's mission focuses on delivering reliable, safe, and sustainable energy solutions to customers across multiple states.
Financial Performance Metrics
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $18.4 billion |
| Net Income | $3.2 billion |
| Market Capitalization | $63.5 billion |
| Total Assets | $126.8 billion |
Strategic Focus Areas
- Clean energy generation and transition
- Electric grid modernization
- Carbon emission reduction
- Renewable energy infrastructure development
Energy Generation Portfolio
| Energy Source | Percentage |
|---|---|
| Natural Gas | 52% |
| Nuclear | 18% |
| Renewable Energy | 30% |
Operational Footprint
Serves 7 million customers across 16 states with 30,000 miles of transmission lines.
Environmental Commitment
- Target of zero carbon emissions by 2050
- $72 billion planned investment in clean energy infrastructure
- 50% carbon emission reduction by 2035
How Dominion Energy, Inc. (D) Works
Company Overview
Dominion Energy, Inc. is headquartered in Richmond, Virginia, with a market capitalization of $64.75 billion as of January 2024. The company operates in 16 states with approximately 7.5 million customers.
Business Segments
| Segment | Annual Revenue | Key Operations |
|---|---|---|
| Electric Power Generation | $14.2 billion | Nuclear, solar, wind, and natural gas facilities |
| Natural Gas Distribution | $5.6 billion | Serving customers in multiple states |
| Transmission Infrastructure | $3.8 billion | High-voltage transmission lines and grid management |
Energy Generation Mix
- Nuclear Power: 39%
- Natural Gas: 32%
- Renewable Energy: 20%
- Coal: 9%
Financial Performance
2023 Financial Highlights:
- Total Revenue: $24.1 billion
- Net Income: $3.2 billion
- Earnings Per Share: $4.12
- Dividend Yield: 4.7%
Renewable Energy Investments
Planned renewable energy capacity by 2030:
- Solar Projects: 16,000 MW
- Offshore Wind: 5,200 MW
- Total Green Energy Investment: $32 billion
Geographic Presence
| Region | States Served | Customer Base |
|---|---|---|
| Southeast | Virginia, North Carolina | 3.2 million customers |
| Midwest | Ohio, West Virginia | 1.5 million customers |
Workforce and Operations
Total Employees: 16,300
Power Generation Facilities: 82
How Dominion Energy, Inc. (D) Makes Money
Revenue Segments
Dominion Energy generates revenue through multiple business segments:
| Segment | 2023 Revenue |
|---|---|
| Virginia Power | $10.9 billion |
| South Carolina Power | $2.3 billion |
| Natural Gas Infrastructure | $3.7 billion |
| Clean Energy Generation | $1.6 billion |
Electricity Generation Sources
- Nuclear: 39%
- Natural Gas: 32%
- Coal: 15%
- Renewable Energy: 14%
Customer Base
Dominion Energy serves 7.5 million customers across multiple states.
| State | Number of Customers |
|---|---|
| Virginia | 2.6 million |
| South Carolina | 1.1 million |
| North Carolina | 1.4 million |
| Other States | 2.4 million |
Financial Performance
2023 Financial Metrics:
- Total Revenue: $18.5 billion
- Net Income: $3.2 billion
- Operating Cash Flow: $5.6 billion
- Capital Investments: $4.9 billion
Dominion Energy, Inc. (D) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.