Stock Report: Dominion Resources Inc. (Virginia) (D) Report Updated: May 20, 2013 | Print This Page

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 is also involved in non regulated retail energy marketing of electricity and natural gas. The Dominion Generation segment engages in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; 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 is involved in regulated natural gas distribution operations in Ohio and West Virginia, regulated gas transmission pipeline and storage operations, natural gas gathering and by-products extraction activities, and regulated LNG import and storage operations. It also comprises producer services, which aggregates natural gas supply; engages in natural gas trading and marketing activities; and provides natural gas supply management. The company’s portfolio of assets includes approximately 28,142 MW of generation; 6,300 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 15 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.