|Bid||79.07 x 800|
|Ask||79.07 x 1100|
|Day's Range||78.53 - 79.43|
|52 Week Range||67.41 - 79.47|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||66.13|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||3.67 (4.68%)|
|1y Target Est||81.40|
Among the top utilities, Southern Company's 4.2% dividend yield beats the peer average of 3%. However, PPL's yield is 5.6% and Dominion Energy yields 4.8%.
RICHMOND, Va., Sept. 12, 2019 /PRNewswire/ -- Dominion Energy South Carolina, Inc. (DESC), a wholly owned subsidiary of Dominion Energy, Inc. (NYSE:D), today announced the pricing of its previously announced offer to purchase for cash up to $552,334,000 aggregate principal amount (the Offer Cap) of its 4.250% First Mortgage Bonds due 2028, 4.350% First Mortgage Bonds due 2042 and 4.600% First Mortgage Bonds due 2043 (collectively, the Bonds) (such offer, the Offer), subject to the acceptance priority levels set forth in the table below (the Acceptance Priority Levels), the Early Tender Priority and proration, as applicable.
RICHMOND, Va., Sept. 12, 2019 /PRNewswire/ -- Dominion Energy South Carolina, Inc. (DESC), a wholly owned subsidiary of Dominion Energy, Inc. (NYSE:D), today announced the early results of its previously announced offer to purchase for cash up to $400,000,000 aggregate principal amount of its 4.250% First Mortgage Bonds due 2028, 4.350% First Mortgage Bonds due 2042 and 4.600% First Mortgage Bonds due 2043 (collectively, the Bonds) (such offer, the Offer), subject to the acceptance priority levels set forth in the table below (the Acceptance Priority Levels), the Early Tender Priority and proration, as applicable. DESC also announced today an increase in the maximum aggregate principal amount of Bonds to be purchased pursuant to the Offer from $400,000,000 to $552,334,000 (as so increased, the Offer Cap), which will result in all Bonds in Acceptance Priority Levels 1 and 2 validly tendered and not properly withdrawn at or prior to 5:00 p.m., New York City time, on Sept. 11, 2019 (the Early Tender Deadline), being accepted for purchase and none of the Bonds in Acceptance Priority Level 3 validly tendered and not properly withdrawn at or prior to the Early Tender Deadline being accepted for purchase.
FuelCell Energy's (FCEL) third-quarter fiscal 2019 revenues increase on a year-over-year basis owing to license agreement with ExxonMobil.
RICHMOND, Va., Sept. 9, 2019 /PRNewswire/ -- The Dominion Energy Charitable Foundation is donating $250,000 to the American Red Cross to aid in relief and recovery efforts for regions in South Carolina, North Carolina and Virginia that were impacted by Hurricane Dorian. "The customers and communities we serve are resilient, but this was a powerful and deadly storm," said Dominion Energy Chairman, President and CEO Thomas F. Farrell, II. "Dominion Energy has a long-standing and successful partnership with the Red Cross.
RICHMOND, Va., Sept. 7, 2019 /PRNewswire/ -- Dominion Energy crews have restored power to 92 percent of the customers in South Carolina, North Carolina and Virginia impacted by Hurricane Dorian, as of mid-afternoon Saturday. In South Carolina, crews are expected to restore power to nearly all customers by Sunday night. As of Saturday afternoon, 10,600 of 274,000 customers impacted in South Carolina remain without power.
RICHMOND, Va., Sept. 5, 2019 /PRNewswire/ -- Dominion Energy customers in northeast North Carolina and Virginia could experience outages that last for multiple days because of Hurricane Dorian. Crews and resources are already activating in advance of the storm to ensure a safe, speedy response. This powerful, slow-moving hurricane is expected to move through the Carolinas and parts of Virginia, bringing dangerous conditions and widespread outages, including high winds and flooding.
RICHMOND, Va., Sept. 4, 2019 /PRNewswire/ -- Dominion Energy is prepared for significant impacts to customers from Hurricane Dorian, beginning in South Carolina and spreading into North Carolina and Virginia.
Dorian is expected to hamper the smooth flow of electricity in Florida. Utilities like Duke Energy (DUK) and NextEra (NEE) are doing their best to restore power in the event of an outage.
The ruling came in response to a petition by watchdog groups that took aim at Duke Energy, arguing that the company's political and philanthropic contributions were “influence expenditures” improperly affecting government decisions.
RICHMOND, Va., Aug. 29, 2019 /PRNewswire/ -- Dominion Energy Virginia announced plans for the nation's largest electric school bus deployment to reduce emissions, provide cost savings to school districts and enhance grid reliability. Dominion Energy is committed to reducing its carbon footprint and helping its customers do the same. As part of this commitment, the company plans to reduce carbon emissions by 80 percent by 2050 and plans to have 3000 megawatts of solar and wind in operation or under development by 2022.
RICHMOND, Va. , Aug. 28, 2019 /PRNewswire/ -- Dominion Energy South Carolina, Inc. (DESC), a wholly owned subsidiary of Dominion Energy, Inc. (NYSE: D), today announced the commencement of an offer to ...
RICHMOND, Va., Aug. 27, 2019 /PRNewswire/ -- Dominion Energy (NYSE:D) today announced that Paul D. Koonce, executive vice president and president and chief executive officer-Power Generation Group, will retire on Feb. 1, 2020, after a 38-year career in the energy industry, the past 20 of which he has spent at Dominion Energy. Effective Dec. 1, 2019, Koonce will step down as head of the company's generation operating segment to become executive vice president and strategic advisor, reporting to Thomas F. Farrell, II, chairman, president and chief executive officer.
RICHMOND, Va., Aug. 22, 2019 /PRNewswire/ -- Dominion Energy is launching a refrigerator recycling program that offers a no-cost appliance removal service for Virginia customers. The program is the first of a set of new energy-efficiency and demand response programs being introduced to help customers lower their energy usage and save money on their electric bills. The appliance recycling program pays customers $20 for old refrigerator or freezer units that are in working order, but use more electricity than newer, more efficient models.
The slow-moving utilities sector has outperformed the S&P; 500 Index in the last five years. Utilities should grow 4%–6% per year in the foreseeable future.
Just over halfway through 2019, utilities continue to impress, with good growth prospects, secure dividends, and sound balance sheets. Finally, PPL's PPL struggles in the United Kingdom will probably result in no dividend growth and could lead to a dividend cut after the RIIO-ED2 regulatory outcome.