D 📈 Dominion Energy - Overview

Dominion Energy Inc, a prominent player in the US energy landscape, operates through a diversified portfolio of assets and businesses. The company's operations are segmented into three key areas: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. This structure enables the company to cater to a wide range of customers across various regions, including residential, commercial, industrial, and governmental entities. Notably, Dominion Energy Virginia serves approximately 2.8 million customers in Virginia and North Carolina, while Dominion Energy South Carolina provides electricity to around 0.8 million customers and natural gas to about 0.4 million customers in South Carolina.

The company's Contracted Energy segment focuses on non-regulated, long-term contracted renewable electric generation and renewable natural gas facilities. This strategic focus underscores Dominion Energy's commitment to embracing sustainable energy solutions and reducing its environmental footprint. As of December 2023, the company's extensive portfolio comprises around 29.5 gigawatts of electric generating capacity, 10,600 miles of electric transmission lines, 79,300 miles of electric distribution lines, and 94,800 miles of gas distribution mains and related service facilities. This impressive infrastructure underscores the company's significant presence in the US energy market.

With a history dating back to 1983, Dominion Energy Inc has evolved significantly over the years, adapting to changing market dynamics and regulatory requirements. Formerly known as Dominion Resources, Inc, the company has undergone transformations to emerge as a leading multi-utility company. Headquartered in Richmond, Virginia, Dominion Energy Inc is listed on the New York Stock Exchange (NYSE) under the ticker symbol D, with its common stock classified under the GICS Sub Industry of Multi-Utilities. The company's web presence can be accessed at https://www.dominionenergy.com, and its ISIN is US25746U1097.