Company
Dominion Energy, Inc.
Headquarters: Richmond, VA, United States
Founded: Virginia, U.S. 1983
Employees: 17,100
CEO: Mr. Robert M. Blue
Market Cap
$40.53 Billion
USD as of Jan. 1, 2024
Dominion Energy, Inc. Categories
United States Utilities Utilities—DiversifiedUnited States Utilities United States Utilities—Diversified
Company Description
Dominion Energy, Inc., also more simply known as Dominion, is an electric and natural gas utility company. It operates in power generation with a number of nuclear, natural gas, coal-fired and hydroelectric plants, and solar farms, transmission and delivery of natural gas in Utah, Wyoming, and Idaho, and electricity to 2.6 million customers in Virginia and North Carolina.
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Industry: Utilities—Diversified
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Detailed Description
Dominion Energy, Inc. produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment engages in the regulated natural gas gathering, storage, transportation, distribution, and sales activities, as well as distributes nonregulated renewable natural gas. This segment serves residential, commercial, and industrial customers. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity and natural gas to residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the energy marketing and price risk activities. As of December 31, 2021, the company's portfolio of assets included approximately 30.2 gigawatt 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. It serves approximately 7 million customers. The company sells electricity at wholesale prices to rural electric cooperatives and municipalities, as well as into wholesale electricity markets. The company was formerly known as Dominion Resources, Inc. and changed its name to Dominion Energy, Inc. in May 2017. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
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Stocks & Indices
Dominion Energy, Inc. has the following listings and related stock indices.
Stock: NYSE: D wb_incandescent
Stock: Bovespa: D1OM34 wb_incandescent
Stock: XETR: DOD wb_incandescent
Product & Services
ElectricityNatural gas
Key People
Robert Blue (CEO and Chairman) James R. Chapman (CFO)
Financials
Revenue: US$ 16.572 billion (2019) US$ 13.366 billion (2018)
Operating income: US$ 2.514 billion (2019) US$ 3.601 billion (2018)
Net income: US$ 1.376 billion (2019) US$ 2.549 billion (2018)
Total assets: US$ 103.823 billion (2019) US$ 77.914 billion (2018)
Total equity: US$ 34.033 billion (2019) US$ 22.048 billion (2018)