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D Stock - Dominion Resources Inc.


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Dominion Energy, Inc., headquartered in Richmond, Virginia, is a prominent producer and distributor of energy across the United States. Established in 1983 and formerly known as Dominion Resources, Inc., the company operates through four key segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets.

The Dominion Energy Virginia segment focuses on regulated electricity generation, transmission, and distribution to approximately 2.7 million customers in Virginia and North Carolina. This segment plays a crucial role in providing reliable energy services to residential, commercial, industrial, and governmental customers.

In the Gas Distribution segment, Dominion Energy engages in regulated natural gas operations across Ohio, West Virginia, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho. Serving about 3.1 million customers, this segment oversees natural gas sales, transportation, gathering, storage, and distribution. Additionally, it operates nonregulated renewable natural gas facilities, contributing to sustainable energy solutions.

Dominion Energy South Carolina operates in the central, southern, and southwestern parts of South Carolina, providing electricity to approximately 772,000 customers and distributing natural gas to around 419,000 residential, commercial, and industrial customers. This segment plays a vital role in meeting the energy needs of communities across the region.

The Contracted Assets segment focuses on nonregulated operations, including long-term contracted renewable electric generation, solar facility development, and gas transportation. It also manages LNG import and storage operations, along with liquefaction facilities, contributing to the company's diversified energy portfolio.

Dominion Energy boasts a subbstantial asset base, including approximately 30.2 gigawatts of electric generating capacity, 10,700 miles of electric transmission lines, 78,000 miles of electric distribution lines, and 95,700 miles of gas distribution mains and related service facilities. The company's expansive infrastructure underscores its commitment to providing efficient energy solutions and supporting economic growth across its operational footprint.

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Stock Sector: Utilities: Electric Utilities

 

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