|Bid||0.00 x 2200|
|Ask||0.00 x 1000|
|Day's Range||70.05 - 71.07|
|52 Week Range||61.53 - 85.30|
|PE Ratio (TTM)||15.69|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||3.34 (4.65%)|
|1y Target Est||73.36|
The groups contend two federal agencies made rushed and inadequate findings in actions that cleared the way for construction to resume on the $6.5 billion Atlantic Coast Pipeline.
The utility is the latest energy company to take its master limited partnership private after a government policy change cut into its cash flow.
Dominion Energy's (D) proposal to acquire all outstanding units of Dominion Energy Midstream Partners can address the negative impact of changes in FERC tax policy.
Dominion Energy said on Wednesday it had offered to buy the rest of Dominion Energy Midstream Partners in an all-stock deal, valuing the company at about $2.2 billion. Dominion Energy, which owns a stake of about 15 percent in the company, offered 0.2468 of its shares per Dominion Energy Midstream common unit, valuing each unit at $17.75 based on closing prices as of Sept. 18, the company said. The offer represented a discount of nearly 2 percent to Dominion Energy Midstream's Wednesday close of $18.05, but was at a premium of 8.2 percent based on the 30-day volume-weighted average unit price.
RICHMOND, Va., Sept. 19, 2018 /PRNewswire/ -- Dominion Energy (NYSE:D) today announced that it has made an offer to Dominion Energy Midstream Partners (DM) to acquire all outstanding common units not owned by Dominion Energy in exchange for Dominion Energy common shares. The fixed exchange ratio offer of 0.2468 Dominion Energy common shares per Dominion Energy Midstream common unit equates to a per-unit valuation of $17.75, based on closing prices as of Sept. 18, 2018. This represents an 8.2 percent premium to the 30-day volume-weighted average unit price. The transaction is expected to be approximately neutral to Dominion Energy's earnings guidance and credit profile.
As the trade war between Beijing and Washington escalates, fewer vessels carrying U.S. liquefied natural gas (LNG) have been going to China. China, which purchased about 15 percent of all U.S. LNG shipped in 2017, has taken delivery from just four vessels since June versus 17 during the first five months of the year. Prior to the slowdown, China was on track to import 141.6 billion cubic feet (bcf) of U.S. LNG in 2018, up from 103.4 bcf in 2017 and 17.2 bcf in 2016.
Another escalation in the U.S.-China trade war has been overshadowed by bullish news from Saudi Arabia, with oil prices rising despite the trade war threat
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Dominion Energy (D) have what it takes? Let's find out.
Dominion Energy resumed construction on the $6.5 billion Atlantic Coast Pipeline on Monday as environmental groups pondered legal action to halt the project again.
NextEra Energy (NEE), the biggest component of the Utilities ETF (XLU), is trading at an EV-to-EBITDA multiple of ~16x—higher than its five-year average valuation. Duke Energy (DUK) is trading at an EV-to-EBITDA multiple of 11.0x. Southern Company (SO) stock is trading at an EV-to-EBITDA multiple of 10.8x—lower than its five-year average.
More than a month after being handed a “stop work order” from the feds, the $6.5 billion Atlantic Coast Pipeline has a green light to resume construction on its planned natural gas pipeline.
Currently, Southern Company (SO) stock offers an upside potential of ~4.0% from its current level of ~$44.19. Analysts gave Southern Company a median target price of $45.92.
RICHMOND, Va. (AP) — Dominion Energy's discharge of arsenic from a coal ash storage site through groundwater into surrounding waters does not violate the U.S. Clean Water Act, a federal appeals court ruled Wednesday.
Hurricane Florence, growing in size despite its weakening winds, churned ever closer to the U.S. East Coast on Wednesday as evacuations expanded south from the Carolinas into Georgia to counter the threat of deadly high seas and calamitous floods. The center of Florence, a slow-moving Category 3 hurricane on the five-step Saffir-Simpson scale, is expected to strike North Carolina late Thursday or early Friday and could drift southwest along the coast before turning inland, according to the National Hurricane Center in Miami. The storm's maximum sustained winds were clocked at 120 miles per hour (193 km per hour), down from a peak of 140 mph a day earlier before Florence was downgraded from a Category 4.
Hurricane Florence, on track to become the first Category 4 storm to make a direct hit on North Carolina in six decades, howled closer to shore on Wednesday, threatening to unleash pounding surf, days of torrential rain and severe flooding. Packing maximum sustained winds of 140 miles per hour (225 km per hour), Florence's trajectory showed its center most likely to strike the southern coast of North Carolina by Friday, the National Hurricane Center said. The storm is expected to bring tropical storm-force winds, life-threatening storm surges of seawater and 35 inches (89 cm) of rain to parts of the Carolinas and Virginia, where intense inland flooding was expected, the center said.
Hurricane Florence, on track to become the first Category 4 storm to make a direct hit on North Carolina in six decades, howled closer to shore on Tuesday, threatening to unleash deadly pounding surf, days of torrential rain and severe flooding. Fierce winds and massive waves are expected to lash the coasts of North and South Carolina and Virginia even before Florence makes landfall by early Friday, bringing a storm surge as much as 13 feet (4 meters), the National Hurricane Center in Miami warned.
The Utilities Select Sector SPDR ETF (XLU) is currently trading at $54.37, almost 2% and 6% higher than its 50-day and 200-day moving averages of $53.10 and $51.26, respectively. The ETF’s fair premium to both these support levels indicates its strength. These moving averages are expected to act as supports for XLU in the near future.
- Company positioning people, equipment and supplies - Customers should plan and prepare for a major hurricane RICHMOND, Va. , Sept. 10, 2018 /PRNewswire/ -- Dominion Energy is tracking Hurricane Florence's ...
Among the top utilities, Southern Company (SO) stock offers the highest potential upside of more than 5% for the next 12 months. Wall Street analysts have given it a median price target of $45.97 against its current market price of $43.90.
NextEra Energy (NEE), the most rallied stock among the top utilities, continues to look strong based on its moving averages. It’s currently trading at $170, which is marginally above its 50-day moving average and 6% above its 200-day moving average. Its 200-day moving average of $160.60 could act as a support for the stock going forward. Its RSI (relative strength index) seems stable at 36.
Renewables titan NextEra Energy (NEE), the largest constituent of the Utilities Select Sector SPDR ETF (XLU), is currently trading at a PE multiple of ~14x. That’s much lower than its five-year average valuation. It thus appears to be trading at a discounted valuation. NextEra Energy is the top rallied stock among the top utilities so far this year. The second-largest utility by market cap, Duke Energy (DUK), is trading at a PE multiple of 21.0x, which is higher than its historical average.
On September 4, the Utilities Select Sector SPDR ETF (XLU) had an implied volatility of 12%, which is close to its 15-day average. The SPDR S&P 500’s implied volatility was 9%. The implied volatility represents investors’ anxiety. An increase in volatility is generally related to a fall in stock prices. The implied volatility of Southern Company (SO) and Dominion Energy (D) was ~14%. Duke Energy (DUK) and NextEra Energy (NEE) displayed a volatility close to those levels.
I am writing today to help inform people who are new to the stock market and want to begin learning the link between company’s fundamentals and stock market performance. DominionRead More...
Among the utility giants, Southern Company (SO) offers the highest dividend yield of 5.4% against the peer average of 3.3%. The largest of them all, NextEra Energy (NEE), yields 2.6%, the lowest among the S&P 500 Utilities (XLU). Duke Energy (DUK) and Dominion Energy (D) yield 4.6% each.