Dominion revenue rises, costs even faster

Dominion revenue rises, costs even faster

Booming demand for electricity meant Dominion Energy's Virginia utility revenue rose 30.5% in the first half of the year, but the price it paid for the fuel and imported electricity to supply customers rose twice as fast, the company's latest…

Dominion Pockets Profits During Proposed Sale

Dominion Energy announced last week that its second-quarter revenue rose to $4.48 billion, up substantially from the $3.81 billion in revenue it earned in the same period last year. Those earnings far surpassed analysts’ estimates. Overall, Dominion posted adjusted earnings of 79 cents per share, again easily topping expectations. The profits are driven, in part,...

Dominion Energy Sees YoY Increase in Adjusted Profit

The increase was driven by the power and gas utility's Virginia business.