D changes
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- Price
- $66.62 → $68.06(+2.2%)
- Recent events
- added: Nov 3, 2026: Dominion and NextEra filed rebuttal testimony with the Virginia State Corporation Commission. Of the 117 conditions that the Commission staff and the Consumer Counsel of the Attorney General proposed, the companies accepted 101 as proposed and 13 with changes. The companies kept their offer of four years of residential bill credits that shareholders pay for. Nov 2, 2026: Dominion sold $1.2 billion of senior notes: $600 million of 5.25% notes due 2029 and $600 million of 5.95% notes due 2037. It plans to use the money for general corporate purposes and to repay short-term debt, including commercial paper. Oct 30, 2026: Dominion reported Q3 2026 results. GAAP net income was $1.30 per share, and operating earnings rose to $1.28 per share from $1.06. Dominion said that it expects 2026 operating earnings in the top half of its guidance of $3.45 to $3.69 per share, and it reaffirmed its credit, dividend and long-term growth guidance. Its Q3 2026 Form 10-Q says that Dominion and NextEra filed for clearance under the HSR antitrust law in October 2026 and that the estimated cost of the CVOW project stays at about $11.7 billion. Oct 21, 2026: In its Q3 2026 release, NextEra Energy said that the Virginia and South Carolina commissions set hearings for November and December 2026, and that the companies expect final orders from both in January 2027. The North Carolina Utilities Commission set expert witness hearings that start in February 2027. NextEra kept its 2026 adjusted EPS guidance of $3.92 to $4.02 and targets the high end. Oct 19, 2026: The staff of the Virginia State Corporation Commission filed testimony that the merger, as proposed, fails the Utility Transfers Act. Staff recommended rejection unless the companies accept 57 binding conditions, 25 of which the companies already proposed. The new conditions include a bankruptcy-remote entity to ring-fence Dominion Energy Virginia and four board members not related to NextEra. Governor Spanberger also asked for rejection unless the companies meet 10 commitments, including a six-year freeze of residential base rates. The companies said they will answer through the SCC process. The evidentiary hearing starts on November 17, 2026, and the SCC must decide by January 11, 2027. Sep 14, 2026: NextEra Energy and Dominion announced a larger Virginia benefits package for the merger. It doubles residential bill credits from two years to four years, adds $100 million to the EnergyShare bill assistance program through 2038 and promises 1,000 new direct jobs in Virginia. All new commitments need approval from the Virginia State Corporation Commission. Sep 3, 2026: Dominion shareholders approved the merger with NextEra Energy. About 671 million votes were for the merger and about 8.6 million were against it. Aug 25, 2026: Dominion said that it received demand letters and that two shareholder lawsuits were filed in New York about the merger proxy statement. Dominion said that the claims have no merit, but it added more disclosures to avoid a delay of the merger. Jul 31, 2026: Dominion reported Q2 2026 results. GAAP net income was $0.37 per share and operating earnings were $0.79 per share, up from $0.75. GAAP income included impairment charges on some nonregulated solar and renewable natural gas facilities. Dominion reaffirmed its 2026 operating earnings guidance of $3.45 to $3.69 per share. Jun 8, 2026: Dominion sold $1.5 billion of junior subordinated notes due 2056. On June 3, 2026, it also sold $825 million of 5.35% senior notes due 2036. May 18, 2026: NextEra Energy and Dominion announced an all-stock merger. Dominion shareholders will receive 0.8138 NextEra shares for each share, plus a share of a $360 million cash payment at closing. The companies proposed $2.25 billion of bill credits for Dominion's customers and expect to close in 12 to 18 months.