- Operating Revenue: Dominion Energy reported $3.49 billion in revenue for Q2, an 8.1% decrease year-over-year. Analysts had estimated $3.7 billion.
- Operating Expenses: The company’s expenses were $2.68 billion for Q2, down 13% year-over-year. The estimate was $2.57 billion.
- Full-Year Guidance: Dominion Energy reaffirms its operating earnings guidance range for the full year 2025, which is $3.25 to $3.54 per share.
- Other Financial Guidance: The company reiterated the financial guidance related to earnings, credit, and dividend that was provided at the March 1, 2024 investor meeting.
- Analyst Ratings: The stock has 3 buy ratings, 14 hold ratings, and 0 sell ratings.
Dominion Energy Inc on Smartkarma
On Smartkarma, independent investment research analysts like Baptista Research are providing coverage on Dominion Energy Inc. Baptista Research recently published a report titled “Dominion Energy: Initiation of Coverage – A Deep Dive Into Its Core Business Strategy? – Major Drivers.” The report highlights Dominion Energy’s performance in the first quarter of 2024, noting a mix of resilience and areas for improvement. Despite challenges from adverse weather conditions impacting earnings, the company saw financial relief from the sale of East Ohio Gas Company and effective operational management.
The report by Baptista Research gives insight into Dominion Energy’s strategic direction and key drivers influencing its future financial and operational goals. With a bullish sentiment, the analysts delve deep into the company’s core business strategies, providing valuable perspectives for investors looking to understand the opportunities and challenges facing Dominion Energy in the current market landscape.
A look at Dominion Energy Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Dominion Energy Inc, the company shows promising signs for long-term growth. With a strong Dividend score of 5, investors can expect consistent and reliable dividends from the company. Additionally, Dominion Energy Inc also scores well in Growth and Momentum, with scores of 4, indicating a positive outlook for expansion and market performance. Despite a lower Resilience score of 2, the overall outlook remains positive due to the company’s strengths in other areas.
Domestic Energy, Inc focuses on producing and transporting energy products, specializing in natural gas and electric energy transmission, gathering, and storage solutions. Serving customers in the United States, the company’s Smartkarma Smart Scores highlight its potential for value, dividends, growth, and momentum, positioning Dominion Energy Inc favorably for long-term investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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