Dominion Resources (D)
Frequently Asked Questions About Dominion Resources (D)
Has Dominion Resources faced any controversies?
Like many large corporations, Dominion Resources has faced its share of controversies, primarily related to environmental concerns, regulatory challenges, and opposition to some of its energy projects. Critics have raised issues regarding the environmental impacts of certain projects, particularly in relation to fossil fuel extraction and infrastructure development. The company strives to address these criticisms by improving its environmental practices and engaging in open dialogue with stakeholders.
How can investors learn more about Dominion Resources?
Investors can learn more about Dominion Resources by visiting the company's official website, where they can access financial reports, investor presentations, and news releases. The investor relations section offers detailed information about stock performance, dividend history, and upcoming events. Additionally, Dominion participates in investor conferences and provides regular updates on its business strategy and performance, making it easy for investors to stay informed.
How does Dominion Resources balance energy production and environmental responsibility?
Dominion Resources strives to balance energy production with environmental responsibility by investing in cleaner energy technologies and reducing greenhouse gas emissions. The company has set ambitious goals for decarbonization and aims to achieve net-zero carbon emissions by 2050. To accomplish this, Dominion is transitioning away from coal-fired power plants, enhancing energy efficiency programs, and expanding its investment in renewable energy sources.
How does Dominion Resources engage with its customers?
Dominion Resources engages with its customers through various channels, including customer support services, online account management tools, and community outreach initiatives. The company emphasizes transparency and communication, providing customers with information about their energy usage, billing options, and energy-saving programs. Dominion also actively participates in customer education efforts regarding renewable energy options and energy efficiency programs.
How does Dominion Resources ensure safety in its operations?
Dominion Resources places a high priority on safety and has developed comprehensive safety programs to ensure the well-being of its employees, customers, and the communities it serves. The company conducts regular safety training, adheres to strict regulatory standards, and continuously evaluates its operational processes for potential hazards. By fostering a culture of safety, Dominion aims to minimize risks and prevent accidents throughout its energy operations.
Is Dominion Resources involved in renewable energy?
Yes, Dominion Resources is heavily involved in renewable energy initiatives. The company has made substantial investments in solar and wind energy projects, as part of its mission to reduce its carbon footprint and increase its renewable energy capacity. Dominion aims to achieve a significant percentage of its energy generation from renewable sources by participating in various state and regional renewable energy programs.
What are Dominion Resources' main business segments?
Dominion Resources operates through several main business segments, including Dominion Energy Virginia, which provides electricity and natural gas services, Dominion Energy South Carolina, which serves natural gas customers, and the Dominion Energy Gas segment, which focuses on natural gas distribution and storage. Additionally, the company’s renewable energy segment emphasizes the development and management of solar and wind energy projects.
What does Dominion Resources do?
Dominion Resources, known by its ticker symbol D on the New York Stock Exchange, is an American utility company that provides electricity and natural gas to millions of customers across several states in the U.S. The company operates a diverse portfolio that includes power generation facilities, natural gas storage and transmission systems, and renewable energy projects. Dominion is committed to meeting the energy needs of its customers while also focusing on environmentally responsible practices and investing in sustainable energy sources.
What is Dominion Resources' approach to energy efficiency?
Dominion Resources takes energy efficiency seriously and has implemented numerous programs designed to help customers reduce their energy consumption. These programs include incentives for energy-efficient appliances, home energy audits, and educational resources that promote energy-saving practices. The company aims to lower overall energy demand, decrease utility bills for customers, and contribute to a more sustainable energy future.
What is Dominion Resources' commitment to community involvement?
Dominion Resources is dedicated to community involvement and actively participates in various social responsibility initiatives. The company contributes to local economies through job creation, charitable giving, and support for education, environmental conservation, and community development projects. By engaging with local communities and supporting meaningful causes, Dominion seeks to foster positive relationships and enhance its corporate social responsibility efforts.
What is the company's dividend policy?
Dominion Resources has a history of paying dividends to its shareholders and is regarded as a dividend growth company. The company has consistently aimed to provide steady and sustainable dividends, with a target of increasing the dividends annually. Dominion's commitment to this policy reflects its ongoing focus on enhancing shareholder value and its confidence in generating stable cash flows from its diverse energy operations.
What major projects is Dominion Resources currently working on?
Dominion Resources is currently involved in several significant projects aimed at enhancing its energy infrastructure and expanding its renewable energy capacity. One notable project includes the Coastal Virginia Offshore Wind project, which aims to generate a significant amount of renewable energy from offshore wind farms. Additionally, the company is focused on modernizing its electric grid systems and expanding natural gas pipeline infrastructures to boost reliability and efficiency.
What objectives does Dominion Resources have for the future?
Dominion Resources has set ambitious objectives for the future, focusing on achieving net-zero carbon emissions by 2050, significantly increasing its renewable energy generation capacity, and modernizing its energy infrastructure. The company aims to lead the energy transition by investing heavily in solar and wind projects, enhancing energy efficiency, and embracing innovative technologies. Through these objectives, Dominion seeks to create a sustainable energy system that benefits its customers and the environment.
What partnerships does Dominion Resources have in the energy sector?
Dominion Resources engages in various partnerships and collaborations with other companies and organizations in the energy sector to enhance its service offerings and expand its renewable energy portfolio. These partnerships often involve joint ventures in developing renewable energy projects, sharing best practices, and collaborating on research and technology advancements. Such collaborations help Dominion to innovate and accelerate its transition to sustainable energy solutions.
What states does Dominion Resources serve?
Dominion Resources primarily serves customers in Virginia and Northeastern North Carolina. The company also has operations in a few other states, including Maryland and West Virginia, through its various business segments, including natural gas and power generation. Dominion's extensive infrastructure allows it to effectively deliver energy services to millions of residential and commercial customers.
What technological advancements is Dominion Resources pursuing?
Dominion Resources is actively pursuing technological advancements to enhance its energy production and distribution capabilities. The company invests in smart grid technologies, renewable energy innovations, and energy storage solutions to improve operational efficiency and reliability. By integrating modern technologies into its infrastructure, Dominion aims to provide more resilient energy services and facilitate the transition to a cleaner energy future.
What types of energy does Dominion Resources supply?
Dominion Resources supplies a mix of energy sources, including electricity generated from natural gas, coal, nuclear, and renewable resources. The company has made significant investments in renewable energy, focusing on solar, wind, and hydroelectric power to diversify its energy portfolio and reduce carbon emissions. This commitment to cleaner energy reflects Dominion's strategic goal to transition towards more sustainable energy solutions.
When was Dominion Resources founded?
Dominion Resources was founded in 1983 through the merger of several companies, including Virginia Electric and Power Company (VEPCO). However, its origins can be traced back to the late 1800s with the establishment of various regional utilities. Over the years, Dominion has expanded through both organic growth and strategic acquisitions, evolving into one of the largest energy companies in the United States.
Where is Dominion Resources headquartered?
Dominion Resources is headquartered in Richmond, Virginia. The company has a long history in the region, with its roots tracing back to the late 19th century. The Richmond headquarters serves as the central office for its operations and management, overseeing the company's energy production, distribution, and customer services across various states.
What is the current price of Dominion Resources?
The current price of Dominion Resources is 52.73
When was Dominion Resources last traded?
The last trade of Dominion Resources was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Dominion Resources?
The market capitalization of Dominion Resources is 44.29B
How many shares of Dominion Resources are outstanding?
Dominion Resources has 840.00M shares outstanding.