Dominion Announces Third-Quarter Earnings
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October 31, 2016 6:17 AM EDT
Dominion Resources (NYSE: D) reported Q3 EPS of $1.14, $0.07 better than the analyst estimate of $1.07. Revenue for the quarter came in at $3.13 billion versus the consensus estimate of $3.26 billion.
For earnings history and earnings-related data on Dominion Resources (D) click here.
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October 31, 2016 6:09 AM EDT
Dominion Midstream Partners, LP (NYSE: DM) and Dominion Resources, Inc. (NYSE: D) announced an agreement in which Dominion Midstream will acquire Questar Pipeline, LLC, from Dominion for consideration of approximately $1.725 billion, including indebtedness of Questar Pipeline as part of the transaction value. The acquisition has an anticipated effective date of Dec. 1, 2016. The board of directors of Dominion and the board of directors and Conflicts Committee of Dominion Midstream GP, LLC, the general partner of Dominion Midstream, have approved the transaction.
Dominion Midstream intends to finance the acquisition through the following... More
