Dominion Energy Inc
Latest Dominion Energy Inc News and Updates
What Investors Should Know about Dominion Energy’s Dividends
Dominion Energy’s (D) payout ratio (the percentage of profit that it gave away in the form of dividends) was 81% in 2016, which is higher than the industry average and slightly on the lower side of its five-year payout average of 85%.
Analyzing Dominion Energy Stock before Its 2Q17 Earnings
Currently, Dominion Energy (D) stock is trading at a 1% discount and a 1% premium to its 50-day and 200-day moving averages, respectively.
Dominion Resources’ Higher Debt Confirms Its Stretched Financials
Dominion Resources (D) depends upon both internal and external sources of financing for its capital expenses and dividend payments.
How Top Utility Stocks Fared in the First Half of 2018
The utility sector, among the most vulnerable to interest rate hikes, seems strong despite the rate hike in mid-June.
How Dominion Energy’s Dividend Profile Compares to Peers
Dominion Energy (D), the third-largest utility, declared a per share dividend of $0.84 per share for 1Q18 last month.
Consumer Spending Edges up in February 2015
Consumer spending remained subdued in February. The harsh weather kept consumers indoors. Individuals used the gains from lower gasoline prices to boost their savings.
Dominion Energy and NextEra Energy: Impact on Dividends
Dominion Energy (D) and NextEra Energy (NEE) are both offering double-digit dividend growth for the next few years.
Utility Sector: Will Investors Continue Their Defensive Positions?
The Utilities Select Sector SPDR ETF (XLU), which tracks the performance of the utility sector, rose 2.7% in November 2017.
Top Utilities’ Total Returns in the Past Year
NextEra Energy (NEE) leads the pack with total returns of 21% in the past year. NextEra Energy increased its dividend per share 13%.
These US Utilities Are Trading at Towering Valuations
Dominion Energy’s (D) five-year average valuation multiple is around 14x, while the industry average is near 10x.
Why NextEra Energy Seems Attractive Right Now
According to Wall Street analysts, the top constituent of the S&P 500 Utilities Index, NextEra Energy (NEE), has a price target of $149.08 against its current market price of $141.07.
Utilities Debt: A Growth Driver or a Risk Alert?
Utilities borrowed heavily in the post-financial crisis in order to take advantage of the near-zero interest rates. As a result, the leverage of utilities increased significantly
An Overview of US LNG Production and Exports
Investors may be seeing a lot of reports about rising US LNG (liquefied natural gas) exports. Let’s review the basics of LNG.
How Do Analysts View Dominion Resources’s Dim Outlook for 2017?
Analysts expect a 9.2% rise in Dominion Resources (D) over the next year.
What’s in Store for Dominion Energy Stock?
Dominion Energy (D), one of the laggards among top utilities this year, seemed strong lately and is currently trading close to an eight-month high.
How Analysts See Dominion Resources ahead of Its 4Q16 Earnings
Of the 21 analysts tracking Dominion Resources on January 20, 2017, four recommended it as a “strong buy,” while three recommended it as a “buy.”
Dominion Energy’s Target Prices and Growth Outlook
Dominion Energy (D) has a target price of $79.31—compared to its current market price of $77.86, which implies an estimated gain of 2%.
A Look at Dominion Resources’s Price Targets and Growth Outlook
Of the 22 analysts tracking Dominion Resources on February 23, 2017, four recommended it as a “strong buy,” while four recommended it as a “buy.”
Southern Company Stock Surges after Its 2Q17 Earnings
At 4.8%, Southern Company is currently the highest-yielding utility among the top utilities in the sector.
Dominion Energy or Sempra Energy: Which Could Be Stronger?
Dominion Energy (D) announced its agreement to buy SCANA (SCG) on January 3, 2017. The deal is expected to accelerate Dominion Energy’s earnings growth.
Which Utility Will Pay Higher Dividends in 2017?
NextEra Energy (NEE) paid annual dividends of $3.48 per share in 2016, while Southern Company (SO) paid $2.22 per share last year.
Why Duke Energy is the largest electric utility in the US
Duke Energy Corporation (DUK) is a heavyweight in the U.S. electric utilities industry. It mainly operates in the U.S. and Latin America. In 2013, its operations had $24.6 billion in revenue.
These S&P 500 Utility Stocks Offer the Most Potential Upside
NRG Energy (NRG), the leading merchant power player stock and one of the smallest components of the S&P 500 Utilities Index (XLU), has a mean price target of $36.50 against its current market price of $31.20.
NEE, DUK, SO, and D: Comparing Top Utilities’ Total Returns
NextEra Energy (NEE) beat its peers in terms of returns in the last few years. NextEra Energy returned 14% in 2018.
D, DUK, NEE, and SO: Top Utilities’ Dividends
Dominion Resources (D) paid annual dividends of $2.80 in 2016. Duke Energy (DUK) paid dividends of $3.36 per share last year.
Top Utilities’ Historical Dividend Growth
On average, utilities increased their dividend per share ~4% compounded annually in the last five years.
How Dominion Energy Stock Is Valued versus Peers
Dominion Energy (D) stock currently looks attractively valued. It’s trading at a forward PE of 17.5x against its five-year historical average PE of 24x.
Dominion Resources’ 4Q16 Revenues Rose 20% but Stock Fell 6%
Dominion Resources (D) reported its 4Q16 and fiscal 2016 results on February 1, 2017. The Virginia-based power and energy company reported ~$3.1 billion in revenues, ~20% higher than its 4Q15 revenues.
Must-know: US power sector and its indicators
The power sector is the backbone of any economy. All of the other industries depend on it. In the U.S., the power utilities business is characterized by steady dividends and stable earnings.
Analysts Turned Positive on Southern Company Stock
According to Wall Street analysts’ consensus, Southern Company (SO) stock has a target price of $51.41—compared to its current price of $48.94.
What Moved Utilities Last Week?
Rate cut expectations continued to drive broader markets last week. The utilities sector fell 0.4%, while SPY fell 1.2% for the week ending July 19.
Analyzing Dominion Energy’s Valuation and Dividends
Currently, Dominion Energy stock is trading at an EV-to-EBITDA valuation multiple of 14.5x, while utilities at large have a valuation multiple near 10.0x.
How Returns Impact Utility Stocks’ Implied Volatility
NRG Energy (NRG) rose 5.1% on a YTD (year-to-date) basis. It has the highest implied volatility of all the utility companies that make up XLU.
Returns of Utilities with High and Low Implied Volatilities
NextEra Energy (NEE) has the lowest implied volatility of all the utility companies that are part of XLU. Its YTD returns are 20.5%.
Analyzing Top Utilities’ Free Cash Flow Trends
The top four utilities have failed to generate positive free cash flows in the last few years.
Not All Utility Stocks Are Overpriced
Utility stocks seem overvalued. Utilities have reached record levels. They have been trading at inflated valuations for months.
Analyzing Dominion Energy’s Dividend Profile
Dominion Energy (D) stock has been on a notable downtrend in the last few months. It has corrected more than 12% year to date.
Must-know: Duke Energy’s operating segments
Duke Energy (DUK) operates in three business segments—Regulated Utilities, Commercial Power, and International Energy. Regulated utilities are responsible for most of Duke Energy’s retail sales.
NextEra or Dominion: Which Has a Better Dividend Profile?
NextEra Energy is looking at an estimated gain of 6% through next year. It has a mean price $137.67—compared to its current market price of $129.89.
FE, D, EXC, or ETR: Which Utility Stock Stung Investors?
Exelon (EXC) stock has corrected nearly 2% in the last year. Including dividends, its returns have come in at ~3%.
Why NRG Energy’s Implied Volatility Is Elevated
On January 18, 2017, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
What Are Top Utilities’ Current Valuations?
Currently, broader utilities are trading at an EV-to-EBITDA valuation multiple of 10.7x. Their five-year historical average valuation is ~9x.
Does Dominion Energy’s Deal with SCANA Look Uncertain?
Dominion Energy agreed to buy troubled SCANA for $7.9 billion in a stock-for-stock deal in January this year.
Analyzing Utilities’ Recent Dividends and Expected Increases
Xcel Energy (XEL) paid total dividends of $1.36 per share in 2016. It was more than a 6% increase compared to its dividends in 2015.
Looking at Xcel Energy’s Future Dividend Growth
Expected dividend growth As discussed in the previous part, in the last five years, Xcel Energy (XEL) has increased its per-share dividends more than the industry has. It aims for similar dividend growth going forward, targeting annual ~6% per-share dividend growth for the next few years. Regulated utilities Duke Energy (DUK) and Southern Company (SO) are […]
How Do Analysts View SCANA Stock in April 2018?
According to Wall Street analysts’ estimates, SCANA (SCG) stock is expected to rise approximately 9% over the next 12 months.
Analyzing Dominion Resources’s Current Valuations
Dominion Resources (D) seems to be trading at a premium compared to the industry average and its historical average. It’s currently trading at an EV-to-EBITDA multiple of 15x.
Utilities’ Premium Dividend Yield
Investors usually prefer utilities due to their ability to pay higher dividends. Currently, utilities are trading at an average dividend yield of 3.5%.
What’s Next for Dominion Resources Stock?
Dominion Resources (D) gained 12% in 2016, while the Utilities Select Sector SPDR (XLU) also managed to gain by about the same levels.
Why Wall Street Looks Positive about NextEra Energy Stock
Among the total 17 Wall Street analysts currently covering NextEra Energy (NEE), five recommend the stock as a “strong buy” while ten recommend it as a “buy.”
Exelon Offers a Decent Potential Upside from Here
The stock of Exelon Corporation (EXC), the largest hybrid utility and the largest utility by revenue, has a mean price target of $43.2.
Utilities’ Total Returns: Your Key Update
Dominion Energy has returned 18% in the past year, while the Utilities Select Sector SPDR ETF (XLU) has returned 14% during the same period.
Southern Company and Duke Energy: A Dividend Yield Showdown?
Utility giants SO and DUK have healthy dividend profiles and premium yields. But to know which one is superior, we have to compare dividend profiles.
Utility Stocks: Analyzing Returns and Implied Volatilities
PPL rose the least in the past year among the list of low implied volatility utility stocks. It announced its 4Q16 financial results on February 1.
MLPs’ Rating Updates during the Week Ending November 3
Dominion Energy Midstream Partners, the midstream MLP subsidiary of Dominion Energy, was downgraded last week by Mizuho and RBC Capital Markets.
SCANA Cut Dividends 80%, Stock Rose 5%
For the second quarter, SCANA will pay a dividend of $0.124 per share to shareholders of record on July 10.
Must-know: Duke’s top institutional owners
Duke Energy (DUK) is one of the most popular stocks for institutional investors in the utilities industry. Duke’s strong yields and stable business model have attracted institutional investors.
Will NiSource Beat Revenue Estimates in 2Q16?
NiSource will report its 2Q16 results on August 2, 2016. According to estimates, NiSource is expected to report revenue of $1 billion for the quarter.
SO, NEE, and D: Comparing US Utilities’ Total Returns
Let’s have a look at US utilities’ total returns for the last year. Southern Company (SO), one of the largest utilities in the United States, has returned 8%.
Westmoreland Coal Company’s 3Q 2014 cost performance
With coal prices plummeting, WLB took a $24 million non-cash charge on derivative contracts. The company also reported interest expenses of $21.3 million in 3Q 2014 compared to $9.9 million in 3Q 2013.
SO, DUK, and D: A Look at Top-Yielding Utilities
Broader utilities are currently trading at a dividend yield of 4.2%—a significant premium to ten-year Treasuries yielding ~2.80%.
NextEra Energy Has Highest Dividend Growth among Utility Giants
NextEra Energy (NEE), the biggest utility by market cap, expects its per-share dividends to grow 12%–14% per year, at least through 2020.
Are These Top Utilities Trading at Discounted Valuations?
Many utility stocks have corrected in the last six months after peaking in November 2017.
The US Labor Market: No Longer the Poster Child?
The US labor market has been the poster child of economic indicators for monetary policymakers. The FOMC was gung-ho about the labor market until its March report.
Top Utility Stocks: Analysts’ Recommendations
The biggest constituent of the S&P 500 Utilities Index, NextEra Energy (NEE) stock has a potential upside of 3.7% going forward.
George Soros Places His New Buy in Utilities: Will You?
George Soros has made some changes to his firm’s portfolio in the first quarter. Soros Fund Management LLC bought some new securities.
Where Utility Stocks Could Go amid Valuation Concerns
Utility stocks have been rallying for the last two years amid broader market volatility. The rally in these stocks steepened last year.
Comparing NextEra Energy and Dominion Energy’s Dividends
Currently, utility stocks on average offer a yield of 3%. Dominion Energy offers a dividend yield of 4.5%, while NextEra Energy offers a yield of 2.1%.
Analysts’ Ratings on Top Utility Stocks for 2020
Utility stocks rose more than 22% in 2019. Can they continue their climb in 2020? And how do Wall Street analysts look at them right now?
Dividend Faceoff: Southern Company vs Duke Energy
Dividend yields of Southern Company (SO) and Duke Energy (DUK) currently stand at multi-year lows because utility stocks had a solid run this year.
Top Dividend Stocks from Utilities to Combat Recession
Recession fears have been hovering over the market throughout this year. However, defensives such as utilities are trading at record highs.
DUK: Analyzing Duke Energy’s Dividend Profile
Top regulated utility Duke Energy (DUK) declared a quarterly dividend of $0.945 per share in October. The dividend is set to be paid on December 16.
Analyzing the Dividend Profiles of Top Utility Stocks
Among the top utility stocks, NextEra Energy offers a yield of 2.1%, the lowest among its peers. Regulated utility Southern Company (SO) yields 4%.
What Sets AEP’s Dividends Apart?
American Electric Power Company (AEP) declared a quarterly dividend of $0.70 per share in October. These dividends will be paid on December 12.
Are Utility Stocks Losing Sheen after a Steep Run in 2019?
Top utility stocks Southern Company (SO) and NextEra Energy (NEE) continued to rise and hit a new all-time high last week.
Utility Stocks: Is There Any Steam Left in These Defensives?
The Utilities Select Sector SPDR ETF (XLU), which represents the top utility stocks, has been trading in a very narrow range for the last two weeks.
Two Top-Yielding Utility Stocks for Uncertain Markets
Generally, investors prefer utility stocks due to their stable dividend-paying capabilities. Currently, they offer an average dividend yield of 3%.
SO: Analyzing Southern Company’s Key Indicators
Southern Company (SO) stock has continued to trade close to all-time highs. The stock has gained more than 42% this year, notably outperforming peers.
Utilities company overview: NextEra Energy
NextEra Energy (NEE) is the second-largest power company in the US after Duke Energy (DUK) in terms of market capitalization.
Regulated business is Southern Company’s strength
Southern Company manages its regulated utility business through the following four subsidiary companies: Alabama Power, Georgia Power, Gulf Power, and Mississippi Power. These subsidiaries have a combined power generation capacity of 37,000 megawatts (or MW).
Cost structure sets Southern Company above its competitors
Fuel costs per kWh can be used to evaluate the efficiency of a power producer to produce electricity. Southern Company’s fuel cost per kWh is lower than its competitors’ in the regulated utility business.
Must-know: Who owns Dominion?
Institutional investors hold most of Dominion Resources’ (D) outstanding shares. As of June 30, 2014, a total of 351.2 million shares were held by 1,069 institutions.
Why electricity demand is linked to GDP
Electricity is the backbone of a nation’s progress. All of the industries need electricity to operate—directly or indirectly. When a business flourishes, the electricity consumption increases.
Southern Company: Clues Suggest an End to Its Rally
Southern Company (SO) stock has rallied almost 45% this year and is currently trading close to its all-time high. Could its rally soon end?
A closer look at the difference between ETFs and mutual funds
Before moving to inverse and leveraged ETFs in the next part of this series, we’d like to quickly discuss the differences between ETFs and mutual funds.
US Utilities Paint a Grim Picture of Power Generation Mix
Many top utilities rely on coal and other fossil fuels for power generation. They are still far behind their zero-carbon-emission targets.
NextEra Energy plays in regulated and unregulated utility markets
NextEra Energy is a Florida-based power company. Its subsidiaries are Florida Light & Power and NextEra Energy Resources.
NextEra Energy or Dominion Energy: How They Stack Up
The biggest utility stock by market capitalization, NextEra, has soared almost 30% year-to-date, while the third-biggest, Dominion, has risen only 11%.
Utility Stocks: How These Defensives Fared Last Week
Top utility stocks trended lower and lost 1.3% last week. Broader markets were positive but cautious on trade talk optimism, gaining 0.7% last week.
Why Utilities Could Keep Smashing in the Fourth Quarter
Despite valuation concerns, utility stocks seem relatively well placed at the moment, especially going into October, compared to broader markets.
How Top Utilities Look: Price Targets and Analysts’ Views
Last week, the top four utility stocks by market cap—NextEra Energy, Duke Energy, Southern Company, and Dominion Energy—touched new 52-week highs on Friday.
Two Top Utilities that Beat Southern Company’s Yield
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%.
Utilities Shine Bright amid Broader Market Weakness
Utilities stayed strong as broader markets closed sharply down yesterday. The Utilities Select Sector SPDR ETF soared as investors turned to defensives.
Why Utility Stocks’ Upside Looks Capped from Here
While the S&P 500 has fallen more than 5% from its peak last month, utility stocks have continued to make all-time highs.
Finding the Top Dividend Stock among Utilities
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.
Utilities: How Analysts Currently Look at these Defensives
Geopolitical tensions and falling Treasury yields hint at an upcoming recession and the utilities sector has outperformed broader markets.
Utilities Are Back in Focus as the Trade War Escalates
Investors turned to defensive utilities intensified yesterday after President Trump announced 10% tariffs on another $300.0 billion worth of Chinese goods.
Utilities Recap: The Big Gains and Losses Last Week
The Utilities Select Sector SPDR ETF (XLU), which represents the top US utility stocks, marginally rose while the S&P 500 rose ~0.5% last week.
Top Utility Stocks Might Rise, Rate Cut Hopes Grow
The top utility stocks might continue to rise if the Fed delivers its interest rate cut this week. Utilities are usually seen as bond substitutes.
Utility Stocks: What to Expect in the Future
Utility stocks have outperformed broader markets. Over the past 12 months, utilities (XLU) have returned 19% including dividends, while the S&P 500 has returned 9%.