See Graham's ranking
4.0
Dominion Energy Inc. is a U.S.-based company operating in the utilities sector, primarily within the electric and natural gas industries.
The company is one of the largest energy providers in the country, with operations that include power generation, transmission, and distribution, as well as natural gas distribution and infrastructure.
Its products and services include electricity generation from thermal, nuclear, wind, and solar sources, along with natural gas distribution and energy transmission. Among its key subsidiaries is Dominion Energy Virginia, which is responsible for electricity and gas distribution in the state of Virginia.
Dominion Energy serves approximately 6 million customers across states such as Virginia, North Carolina, South Carolina, Ohio, Utah, and other regional markets in the United States. The company also holds significant assets in natural gas infrastructure, including pipelines and storage facilities.
The highly regulated market in which it operates is influenced by energy and environmental policies. In response to the ongoing energy transition, Dominion Energy has invested significantly in renewable energy, including wind and solar projects, as well as initiatives aimed at reducing carbon emissions.
The operational structure includes power generation facilities, transmission and distribution networks, and natural gas infrastructure. Dominion Energy employs approximately 17,100 people and maintains a strong position in the U.S. utilities sector.
The company is listed on the New York Stock Exchange (NYSE) under the ticker D.
History and when Dominion Energy was founded
Dominion Energy traces its origins back to 1909 with the founding of the Virginia Electric and Power Company (VEPCO). In 1983, the company adopted the name Dominion Resources, positioning itself as a major player in the U.S. energy sector.
In 2017, the company was renamed Dominion Energy Inc., reflecting its strategy of modernization and expansion. In its early decades, the company focused on expanding infrastructure and increasing its customer base.
Dominion Energy expanded through key acquisitions, including the purchase of East Ohio Gas Company in 2000, which increased its presence in the natural gas sector; and the acquisition of Questar Corporation in 2016, strengthening its operations in the western United States.
Sustainability became a strategic priority for the company. In 2020, Dominion Energy announced plans to reduce carbon emissions by 80% by 2050, driving investments in renewable energy and clean technologies.
In the same year, the company sold a large portion of its natural gas transmission and storage assets to Berkshire Hathaway Energy in a US$ 9.7 billion transaction, allowing Dominion Energy to focus primarily on electricity and clean energy initiatives.
Between 2020 and 2024, Dominion Energy continued to expand renewable energy projects, solidifying its position as a key player in the U.S. clean energy transition.
Additional Information
The Company Dominion Energy Inc. (United States), is listed on NYSE with a market value of $ 50.59 Billions, having an equity of $ 31.73 Billions.
With a total of 17.100 employees, the company is listed in the sector of Utilities and categorized in industry of Varied Infrastructure.
In the last 12 months the Company had a revenue of $ 15.81 Billions, which generated a profit in the amount of $ 2.34 Billions.
As for its main indicators, the Company has a P/E ratio of 21.66, a P/BV ratio of 1.59 and in the last 12 months the dividend yield of D was at 4.51%.
The Company is traded internationally through the ticker D.
