|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||71.10 - 72.09|
|52 Week Range||61.53 - 85.30|
|PE Ratio (TTM)||15.94|
|Earnings Date||Aug 1, 2018|
|Forward Dividend & Yield||3.34 (4.77%)|
|1y Target Est||72.58|
In March, regulators reversed a key tax rule that had made gas pipeline MLPs viable. The final policy announced Wednesday gives those businesses a way to adapt.
The ruling sets up a direct confrontation between the utility and its detractors in the legislature who contend it must not be allowed to charge customers for the cost of the abandoned nuclear plant.
As the trade war between China and the United States escalates, fewer vessels carrying U.S. liquefied natural gas have gone to China over the past two months. China, which purchased 14 percent of all U.S. LNG shipped between February 2016-April 2018, has taken delivery from just one vessel that left the United States in May and none in June compared with 14 during the first four months of the year.
China, which purchased 14 percent of all U.S. LNG shipped between February 2016-April 2018, has taken delivery from just one vessel that left the United States in May and none in June compared with 14 during the first four months of the year. To be sure, one vessel that left the United States in July is on its way to China.
NextEra Energy (NEE), the biggest utility holding company by market cap, is currently trading at an EV-to-EBITDA (enterprise value-to-EBITDA) valuation multiple of ~15x, higher than its five-year average of ~12x. Peer Duke Energy (DUK) is trading at a valuation multiple of 10.6x, close to its historical average.
The second-quarter earnings season just started in the U.S., and while the initial reads have shown strong growth for both profits and revenue, such results may not be enough to power the market out of the range it has been stuck in for months.
The merger of Dominion Energy (D) and SCANA Corporation (SCG) moved a step closer toward completion with the approval from FERC.
Investors were spooked by forecasts of cooler-than-normal weather that could lead to decrease in natural gas demand for air-conditioning.
RICHMOND, Va. and CAYCE, S.C., July 13, 2018 /PRNewswire/ -- The proposed merger of Dominion Energy, Inc. (NYSE:D) and SCANA Corporation (SCG) has achieved another significant milestone with the approval of the Federal Energy Regulatory Commission (FERC). "We are pleased by the FERC's considered and timely action," said Thomas F. Farrell, II, Dominion Energy chairman, president and CEO. "It brings us closer to providing a brighter energy future for customers, communities and others served by the SCANA companies.
DALLAS , July 12, 2018 /PRNewswire/ -- Alerian announced that as of the close of business on Monday, July 23, 2018 , the following companies will be added to the Alerian Midstream Energy Select Index (AMEI): ...
CAYCE, S.C. , July 12, 2018 /PRNewswire/ -- SCANA Corporation (NYSE:SCG) will release its second quarter 2018 earnings on Thursday, August 2, 2018 , before the market opens. Due to the pending combination ...
Domestic callers should dial (877) 410-5657. International callers should dial (334) 323-9872. The passcode for the conference call is "Dominion." Participants should dial in 10 to 15 minutes prior to the scheduled start time. Members of the media also are invited to listen. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com and dominionenergymidstream.com/investors. A replay of the conference call will be available beginning about 1 p.m. ET Aug. 1 and lasting until 11 p.m. ET Aug. 8. Domestic callers may access the recording by dialing (877) 919-4059. International callers should dial (334) 323-0140. The PIN for the replay is 54257608. Additionally, a replay of the webcast will be available on the investor information pages by the end of the day Aug. 1.
Utilities’ (XLU) leverage is a vital metric for comparing companies, especially as interest rates are steadily increasing. While the top three utilities’ leverage has largely been stable, Southern Company’s (SO) leverage rose significantly after Q3 2016 to fund its AGL Resources purchase.
Moody's Investors Service has assigned a Aaa rating to Calvert County, MD's $26.6 million Consolidated Public Improvement Bonds, 2018 Series. Moody's maintains the Aaa rating on approximately $105.6 million ...
Utilities became expensive last month. The biggest of them all, NextEra Energy (NEE), is currently trading at an EV1-to-EBITDA valuation multiple of ~15x, notably higher than its five-year average of ~12x.
With the closure of the Chesapeake Energy Center and the influx of new renewable generation, the Dominion Energy team was faced with maintaining voltage quality and stability. "Maintaining a strong, reliable grid is the driving force behind what we do every day," said Scott Miller, vice president-electric transmission, Dominion Energy.
Utilities in the U.S. Northeast expect to have enough power to keep the lights on as homes and businesses crank up air conditioners to escape a heat wave, the region's power grid operators said on Tuesday. Temperatures in the biggest U.S. Northeast cities were all expected to reach the 90s Fahrenheit (32 Celsius) this week, the highest so far this summer. "We expect to have sufficient capacity through the heat wave but we will continue to closely monitor regional electricity supplies," said Marcia Blomberg, a spokeswoman at ISO New England, which operates the grid for the six New England states.
Dominion Energy (D) is currently trading at a dividend yield of 5%. In this series, we’re looking at the top-yielding utility stocks (VPU). Dominion Energy has a strong dividend payment history. It’s been paying quarterly cash dividends for the last 90 years.
Moody's Investors Service (Moody's) confirmed the ratings of SCANA Corporation (SCANA, Ba1) and its subsidiaries, South Carolina Electric & Gas Company (SCE&G, Baa3), and Public Service Company of North Carolina, Inc. (PSNC, A3), concluding the review for downgrade that began in February. The rating outlook for SCANA, SCE&G and PSNC is negative.
Energy company SCANA Corporation (NYSE: SCG) announced a deal in January to be acquired by Dominion Energy Inc (NYSE: D), structured in the form of an all-stock transaction. Scana represents a good value proposition given the likelihood of significant upside to the extent the company is successful in a court challenge to the rate cut announced by the South Carolina legislature, Fremont said in a Friday note.
CLEVELAND, June 28, 2018 /PRNewswire/ -- Dominion Energy Ohio reminds customers that available government energy assistance programs and company payment plans can help them maintain vital natural gas service through the entire year. Customers who know they will not be able to maintain regular payments are urged to contact Dominion Energy Ohio immediately to inquire about payment plans and energy assistance programs. One key assistance program is Percentage of Income Payment Plan Plus (PIPP Plus).
RICHMOND, Va., June 27, 2018 /PRNewswire/ -- "The South Carolina Legislature is playing a high-stakes game where they are gambling with the money of customers and taxpayers. Legislators are risking cash payments to SCE&G's electric customers of $1.3 billion – equal to $1,000 for the typical residential customer – and a permanent rate reduction of 7 percent. All of this for a few headlines and a temporary rate reduction that has good odds of being overturned in court.