Southwest Gas Holdings, Inc. announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 , as amended, expired at 11:59 p.m. EST on November 15, 2021 in connection with the Company's pending acquisition of Dominion Energy Questar Pipeline, LLC, its subsidiaries and certain associated affiliates, including Overthrust Pipeline, White River Hub and Questar Field Services from [...]
- Dominion Energy urges customers to remain vigilant about utility scams Each year, utility customers experience a surge in scam phone calls, especially around the holidays. This Utility Scam Awareness Week , Dominion Energy is reminding customers of the telltale signs of utility scams and what to do to stay safe. "An immediate red flag is when someone calls you claiming to be a utility representative and threatens to [...]
- Establishes Virginia as the national leader in this rapidly growing new industry - Jump starts dramatic economic development potential - Advances largest U.S. offshore wind project that will create enough clean, renewable energy to power up to 660,000 Dominion Energy Virginia customers' homes Dominion Energy continues to advance the largest offshore wind project in the United States by filing plans later today with the [...]
- Third-quarter 2021 GAAP net income of $0.79 per share; operating earnings of $1.11 per share - Company initiates fourth-quarter 2021 operating earnings guidance of $0.85 to $0.95 per share; narrows 2021 operating earnings guidance range to $3.80 to $3.90 per share - Company affirms long-term earnings and dividend growth guidance Dominion Energy today announced an unaudited net income determined in accordance with [...]
-- Raikes to retire, effective Jan. 1, 2022 -- Blevins to replace Raikes as president-Gas Distribution -- Kissam to succeed Blevins as president-Dominion Energy South Carolina RICHMOND, Va., Nov. 4, 2021 /PRNewswire/ -- Dominion Energy today announced changes affecting the leadership at two of its operating segments: Gas Distribution and Dominion Energy South Carolina. Effective Jan. 1, 2022, Donald R. "Don" Raikes will [...]
The board of directors of Dominion Energy has declared a quarterly dividend of 63 cents per share of common stock. Dividends are payable on Dec. 20, 2021, to shareholders of record at the close of business Dec. 3, 2021. This is the 375th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Aug. 4, 2021. View original [...]
Dominion Energy is aware of a fraudulent news release circulating this morning regarding the company's earnings. The company has previously announced its third-quarter 2021 earnings call will take place at 10 a.m. ET on Friday, Nov. 5, 2021. Management will discuss matters of interest to financial and other stakeholders, including recent financial results, at that time. In connection with our call on Friday, Nov. 5 [...]
- Proposed agreement in 4-year rate case balances stakeholder interests and provides customers with continued reliable, affordable, and increasingly clean energy. - If approved, significant customer benefits include one-time refunds, rate reduction and application of available revenue to offset offshore wind and grid transformation investments. - Customer-focused utility regulatory framework allows Dominion Energy to make [...]
Acquisition Diversifies Earnings Mix and Strengthens Company Financial Profile Expands Southwest Gas Holdings' Regulated Business with Strong Cash Flow-Generating Assets Transaction Expected to be Accretive to Earnings per Share in 2022 Southwest Gas Holdings, Inc. announced today that it has entered into a definitive agreement to acquire Dominion Energy Questar Pipeline, LLC, its subsidiaries and certain associated [...]
- All-cash transaction valued at $1.975 billion, including assumption of Questar Pipelines debt - Cash proceeds to reduce parent-level debt, support robust regulated capital plan - Sale expected to close in fourth quarter of 2021, subject to regulatory approvals - Successfully completes sale process announced earlier this year - No change to Dominion Energy's existing financial guidance Dominion Energy announced today [...]
- Agreement to cooperate and collaborate on tripartite discussions with Coastal Virginia Offshore Wind suppliers to transition U.S. union construction workers into the offshore wind industry in collaboration with the leadership of the fourteen NABTU affiliates and the United Brotherhood of Carpenters. - Agreement builds upon longstanding relationship between Dominion Energy, trade unions Dominion Energy Virginia, the [...]
- Proposed projects exceed 1,000 megawatts, enough to power more than 250,000 homes - Projects advance goals of Virginia Clean Economy Act and net zero emissions - Affordable and reliable service remains priority as renewables increase In its second annual clean energy filing with the Virginia State Corporation Commission , Dominion Energy Virginia has proposed the largest group yet of new solar and energy storage [...]