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Blue Chip Growth

Stock Report: Dominion Energy Inc (D) Report Updated: Sep 24, 2017 | Print This Page

Dominion Energy Inc© quotemedia

Company Profile

Dominion Resources, Inc. is a privately owned investment manager. Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved 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, as well as non-regulated retail energy marketing operations. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. The company’s portfolio of assets includes approximately 24,600 megawatts of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering, and storage pipelines; and 21,900 miles of gas distribution pipeline. As of December 31, 2014, it served approximately 5 million utility and retail energy customers in 10 states; and operated underground natural gas storage systems with approximately 947 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.