Analyst Report: Dominion Energy Inc

Argus

•

Mar 25, 2025

Summary

Dominion Energy has regulated electrical and earthy state inferior operations successful 13 states. The institution generates, transmits, and distributes electricity, and has retail and wholesale operations. Dominion's portfolio consists of 40 GW of procreation capacity, 85,600 miles of electrical organisation lines, and 10,600 miles of electrical transmission lines. Currently, electrical work is provided to 3.6 cardinal customers successful Virginia, North Carolina, and South Carolina. Natural state is provided to 500,000 customers successful South Carolina.

Revenues successful 2024 reached astir $14.5 cardinal and operating net were astir $2.4 billion. Of 2024 operating earnings, astir 84% was from Dominion Energy Virginia. The institution operates 5 atomic procreation sites and Dominion's substance premix is 42% nuclear, though procreation inactive comes from gas, coal, and oil. To alteration this mix, Dominion is processing renewable sources including star power. However, it does not expect to execute net-zero emissions until 2050, successful enactment with peers heavy reliant connected coal.

The institution has undergone a concern rev