Dominion Energy Gambles $175 Million on a Supreme Court Decision [The Motley Fool]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Source: The Motley Fool
Dominion Energy Gambles $175 Million on a Supreme Court Decision Dominion just increased its stake in a giant pipeline project that is being looked at by the U.S. Supreme Court. Was that a good move? Investing requires balancing risk with reward, which is just as true for individual investors as it is for the companies they own. Giant U.S. utility Dominion Energy ( NYSE:D ) is a prime example of this today, as it works to complete a large natural gas project that has faced material environmental pushback. In fact, despite a case being heard by the U.S. Supreme Court about the Atlantic Coast Pipeline, Dominion just increased its ownership stake in the project. Here's what you need to know about this deal and the project. The Atlantic Coast Pipeline is intended to bring natural gas from West Virginia to Virginia and South Carolina. It is an underground pipeline that Dominion says is needed because current natural gas capacity won't be enough to satisfy growing demand in the regions it
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News
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D
Earnings
- 11/1/24 - Beat
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Sec Filings
- 11/18/24 - Form 8-K
- 11/18/24 - Form 424B3
- 11/15/24 - Form 424B2
- D's page on the SEC website