NYSE:D

Stock Analysis Report

Executive Summary

Dominion Energy, Inc. produces and transports energy.


Snowflake Analysis

Established dividend payer with questionable track record.


Similar Companies

Share Price & News

How has Dominion Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: D has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.2%

D

-0.3%

US Integrated Utilities

-1.0%

US Market


1 Year Return

19.1%

D

16.7%

US Integrated Utilities

18.0%

US Market

Return vs Industry: D exceeded the US Integrated Utilities industry which returned 16.7% over the past year.

Return vs Market: D exceeded the US Market which returned 18% over the past year.


Shareholder returns

DIndustryMarket
7 Day2.2%-0.3%-1.0%
30 Day6.3%1.7%0.6%
90 Day7.4%8.1%7.9%
1 Year24.8%19.1%20.8%16.7%20.4%18.0%
3 Year32.5%16.1%45.5%30.9%48.0%38.5%
5 Year51.2%24.0%78.6%43.3%72.2%53.3%

Price Volatility Vs. Market

How volatile is Dominion Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dominion Energy undervalued compared to its fair value and its price relative to the market?

1.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: D ($89.38) is trading below our estimate of fair value ($90.89)

Significantly Below Fair Value: D is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: D is poor value based on its PE Ratio (49.9x) compared to the Integrated Utilities industry average (21.4x).

PE vs Market: D is poor value based on its PE Ratio (49.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: D is poor value based on its PEG Ratio (3.3x)


Price to Book Ratio

PB vs Industry: D is overvalued based on its PB Ratio (2.7x) compared to the US Integrated Utilities industry average (2.2x).


Next Steps

Future Growth

How is Dominion Energy forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

15.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: D's forecast earnings growth (15.3% per year) is above the savings rate (1.7%).

Earnings vs Market: D's earnings (15.3% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: D's earnings are forecast to grow, but not significantly.

Revenue vs Market: D's revenue (5.5% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: D's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: D's Return on Equity is forecast to be low in 3 years time (12.6%).


Next Steps

Past Performance

How has Dominion Energy performed over the past 5 years?

1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: D has high quality earnings.

Growing Profit Margin: D's current net profit margins (8.7%) are lower than last year (18.3%).


Past Earnings Growth Analysis

Earnings Trend: D's earnings have grown by 1.1% per year over the past 5 years.

Accelerating Growth: D's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: D had negative earnings growth (-40.8%) over the past year, making it difficult to compare to the Integrated Utilities industry average (3.5%).


Return on Equity

High ROE: D's Return on Equity (4.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Dominion Energy's financial position?


Financial Position Analysis

Short Term Liabilities: D's short term assets ($6.3B) do not cover its short term liabilities ($12.2B).

Long Term Liabilities: D's short term assets ($6.3B) do not cover its long term liabilities ($60.2B).


Debt to Equity History and Analysis

Debt Level: D's debt to equity ratio (138.8%) is considered high.

Reducing Debt: D's debt to equity ratio has reduced from 218.7% to 138.8% over the past 5 years.

Debt Coverage: D's debt is not well covered by operating cash flow (11.5%).

Interest Coverage: D's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet

Inventory Level: D has a high level of physical assets or inventory.

Debt Coverage by Assets: D's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Dominion Energy's current dividend yield, its reliability and sustainability?

4.21%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Dominion Energy before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company4.2%marketbottom25%1.4%markettop25%3.7%industryaverage3.2%forecastin3Years4.4%

Current dividend yield vs market & industry

Notable Dividend: D's dividend (4.21%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: D's dividend (4.21%) is in the top 25% of dividend payers in the US market (3.73%)


Stability and Growth of Payments

Stable Dividend: D's dividends per share have been stable in the past 10 years.

Growing Dividend: D's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (205%), D's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: D's dividends in 3 years are forecast to be covered by earnings (83.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Tom Farrell (65yo)

14.1yrs

Tenure

US$14,956,442

Compensation

Mr. Thomas F. Farrell II, also known as Tom, has been the Chairman of Dominion Energy since April 27, 2007 and its Chief Executive Officer and President since April 2007. Mr. Farrell has been Chairman at S ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD14.96M) is above average for companies of similar size in the US market ($USD10.79M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Farrell
Chairman14.1yrsUS$14.96m0.14% $102.3m
James Chapman
Executive VP1.3yrsUS$3.27m0.0052% $3.8m
Robert Blue
Co-COO & Executive VP0.2yrsUS$2.93m0.0091% $6.7m
Diane Leopold
Co-COO & Executive VP0.2yrsUS$3.12m0.010% $7.7m
Michele Cardiff
VP, Controller & Chief Accounting Officer5.8yrsno data0.0027% $2.0m
Carter Reid
Executive VP6.1yrsno datano data
Thomas Hamlin
Vice President of Investor Relations & Financial Planning9yrsno datano data
Carlos Brown
Senior VP & General Counsel3.1yrsno data0.0017% $1.2m
William Murray
Senior Vice President of Corporate Affairs & Communications1yrsno data0.0012% $910.9k
Thomas Wohlfarth
Senior Vice President of Regulatory Affairs15.1yrsno datano data

4.5yrs

Average Tenure

51yo

Average Age

Experienced Management: D's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Farrell
Chairman14.1yrsUS$14.96m0.14% $102.3m
Mark Kington
Independent Director14.8yrsUS$289.97k0.017% $12.8m
Michael Szymanczyk
Independent Director7.3yrsUS$264.97k0.0080% $5.9m
Robert Spilman
Independent Director10.2yrsUS$289.97k0.0032% $2.3m
John Harris
Lead Director6.1yrsUS$443.25k0.0024% $1.7m
Joseph Rigby
Independent Director3.1yrsUS$264.97k0.00065% $477.5k
Ronald Jibson
Independent Director3.4yrsUS$264.97k0.0015% $1.1m
James Ellis
Independent Director6.8yrsUS$264.97k0.00077% $565.7k
Helen Dragas
Director9.2yrsUS$276.64k0.0042% $3.1m
Pamela Royal
Independent Director6.9yrsUS$269.97k0.0010% $756.6k

7.1yrs

Average Tenure

64yo

Average Age

Experienced Board: D's board of directors are considered experienced (7.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.6%.


Top Shareholders

Company Information

Dominion Energy, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dominion Energy, Inc.
  • Ticker: D
  • Exchange: NYSE
  • Founded: 1909
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: US$73.461b
  • Shares outstanding: 823.09m
  • Website: https://www.dominionenergy.com

Number of Employees


Location

  • Dominion Energy, Inc.
  • 120 Tredegar Street
  • Richmond
  • Virginia
  • 23219
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 1983
DODDB (Deutsche Boerse AG)YesCommon StockDEEURMay 1983
0IC9LSE (London Stock Exchange)YesCommon StockGBUSDMay 1983
DODBRSE (Berne Stock Exchange)YesCommon StockCHCHFMay 1983
DODETLX (Eurotlx)YesCommon StockITEURMay 1983
DOENWBAG (Wiener Boerse AG)YesCommon StockATEURMay 1983
DCUENYSE (New York Stock Exchange)CORP UNITSUSUSDJun 2019
D1OM34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 2 COM NPVBRBRLDec 2019

Biography

Dominion Energy, Inc. produces and transports energy. The company’s Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. Its Power Generation segment is involved in the electricity generation activities. It also comprises generation operations of the company’s merchant fleet and energy marketing, and price risk management activities for its assets. The company’s Gas Infrastructure segment engages in the regulated natural gas distribution, gas transmission pipeline and storage, liquefied natural gas, and nonregulated retail natural gas marketing operations, as well as natural gas gathering and processing activities. This segment serves residential, commercial, and industrial customers. The company’s Southeast Energy segment generates, transmits, distributes, and markets electricity and natural gas through South Carolina Electric & Gas Company and Public Service Company of North Carolina. As of December 31, 2018, the company’s portfolio of assets included approximately 26,000 megawatts of generating capacity; 6,700 miles of electric transmission lines; 58,300 miles of electric distribution lines; 14,800 miles of natural gas transmission, gathering, and storage pipelines; and 52,300 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers; and operated underground natural gas storage systems with approximately 1 trillion cubic feet of storage capacity. The company sells electricity at wholesale prices to rural electric cooperatives and municipalities, as well as into wholesale electricity markets. The company was formerly known as Dominion Resources, Inc. and changed its name to Dominion Energy, Inc. in May 2017. Dominion Energy, Inc. was founded in 1909 and is headquartered in Richmond, Virginia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 00:27
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.