5 Best Dividend Stocks To Invest In 2015: Dominion Resources Inc. (D)
Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The DVP segment includes regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. This segment also involves in non regulated retail energy marketing of electricity and natural gas. The Dominion Generation segment includes the electricity generation through coal, nuclear, gas, oil, and renewables; and related energy supply operations. It also comprises generation operations of the company?s merchant fleet and energy marketing, and price risk management activities for these assets. The Dominion Energy segment includes the company?s Ohio and West Virginia regulated natural gas distribution companies, regulated gas transmission pipeline and storage operations, natural gas gathering and by-products extraction activities, and regulated LNG import and storage operations. It also provides producer services, which aggregates natural gas supply; engages in natural gas trading and marketing activities; and involves in natural gas supply management. The company?s portfolio of assets includes approximately 27,615 MW of generation; 6,100 miles of electric transmission lines; 56,800 miles of electric distribution lines; 11,000 miles of natural gas transmission, gathering, and storage pipeline; and 21,800 miles of gas distribution pipeline. Dominion Resources, Inc. also owns approximately 947 bcf of storage capacity of natural gas and serves retail energy customers in 14 states. In addition, it sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. The company was founded ! in 1909 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Richard Stavros]
SCANA Corp (NYSE: SCG), Southern Co (NYSE: SO), Dominion Resources Inc (NYSE: D), AES Corp (NYSR: AES) and Entergy Corp (NYSE: ETR) ranked at the bottom, with renewable energy sales accounting for less than 1 percent of each of their total retail electricity sales.
- [By Shauna O'Brien]
Before Wednesday’s opening bell, Dominion Resources, Inc. (D) reported lower second quarter earnings, but matched analysts’ estimates.
D’s Earnings in Brief
The company reported second quarter earnings of $159 million, or 27 cents per share, down from $202 million, or 35 cents per share, a year ago. Operating earnings remained flat at 62 cents per share, matching analysts’ view of 62 cents per share. Looking forward, D expects to see third quarter earnings between 90 cents and $1.05 per share. Analysts expect to see Q3 earnings of $1.00.CEO Commentary
Thomas Farrell II, chairman, president and CEO commented: “Our second-quarter results came in the upper half of our guidance range of $0.55 to $0.65 per share. Excluding the two cents per share impact of milder than normal weather, second quarter earnings would have been at the top of our range.”
D’s Dividend
The company paid its last 60 cent quarterly dividend on June 20. We expect D to declare its next dividend in August.
Stock Performance
Dominion Resources shares were mostly flat during pre-market trading Wednesday. The stock is up 8.1% YTD.
D Dividend SnapshotAs of market close on July 29, 2014
Click here to see the complete history of D dividends.
source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-dividend-stocks-to-invest-in-2015.html
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