| Market Capitalization (Millions $) |
46,711 |
| Shares
Outstanding (Millions) |
870 |
| Employees |
16,000 |
| Revenues (TTM) (Millions $) |
14,459 |
| Net Income (TTM) (Millions $) |
2,071 |
| Cash Flow (TTM) (Millions $) |
64 |
| Capital Exp. (TTM) (Millions $) |
9,760 |
Dominion Energy Inc
Company Profile: Dominion Energy, Inc.
Overview:
Dominion Energy, Inc. is a leading integrated gas and electric utility company headquartered in Richmond, Virginia. Incorporated in 1983, Dominion Energy is a registered public utility holding company under the Public Utility Holding Company Act of 1935. The company plays a vital role in the energy sector by providing electricity and natural gas to millions of customers in the United States.
Business Segments:
Dominion Energy operates through several key segments:
1. Dominion Delivery:
- Manages the electric and gas distribution systems and customer service operations.
- Oversees retail energy marketing operations, facilitating the sale of energy directly to customers.
2. Dominion Energy:
- Responsible for electric and gas transmission operations.
- Engages in natural gas production, storage operations, and energy trading, including marketing, hedging, and arbitrage activities.
3. Dominion Exploration & Production:
- Focuses on the exploration, development, and production of natural gas and oil assets.
4. Dominion Generation:
- Manages the generation operations of the companys electric utility and merchant fleet.
- Operates generating facilities across several states including Connecticut, Indiana, Illinois, North Carolina, Ohio, Pennsylvania, Virginia, and West Virginia, and handles power purchase agreements.
Key Subsidiaries:
- Virginia Electric and Power Company (Virginia Power): A regulated public utility that generates, transmits, and distributes electricity primarily in Virginia and northeastern North Carolina.
- Consolidated Natural Gas Company (CNG): Engages in the production, transportation, distribution, and retail marketing of natural gas, serving customers in multiple states including Pennsylvania, Ohio, and West Virginia.
- Dominion Energy, Inc. (DEI): Focuses on merchant generation, energy trading and marketing, as well as natural gas and oil exploration and production in the U.S. and Canada.
Market Dynamics:
Dominion Energy operates in a highly competitive environment influenced by deregulation and restructuring in the electric and gas industries. The company continuously adapts to market changes, vying against other energy providers to offer innovative energy solutions and services to a diverse customer base.
Sustainability and Innovation:
Dominion Energy is committed to advancing sustainable energy sources and technologies, focusing on reducing emissions and transitioning to cleaner energy priorities. This includes investments in renewable energy, infrastructure modernization, and the exploration of new energy solutions to meet the evolving needs of customers.
Conclusion:
As a major player in the energy industry, Dominion Energy, Inc. is dedicated to delivering reliable electric and gas services while also focusing on sustainable practices and innovative solutions to meet future challenges and market opportunities.
Company Address: 600 EAST CANAL STREET RICHMOND 23219 VA
Company Phone Number: 819-2284 Stock Exchange / Ticker: NYSE D
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