Dominion Energy (D) Continues to Advance Business Review, Reports Q3
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Dominion Energy Continues to Advance Business Review; Announces Third-Quarter 2023 Earnings
November 3, 2023 7:30 AM EDTPriorities & commitments of ongoing business review are unchanged including commitment to current dividendFully regulated Coastal Virginia Offshore Wind (CVOW) project on time and on budget; company in advanced stages of process to assume a noncontrolling equity financing partner final strategic step outstanding in business reviewCompany to conclude review upon completion of CVOW partnership decision; expected by year-end 2023 or early 2024Cove Point and gas utilities accounted for as discontinued operations; removed from operating earningsThird-quarter 2023 GAAP net income of $0.17 per share; operating earnings (non-GAAP) of $0.77 per... More
