January 22, 2017 1:24 AM ET

Electric Utilities

Company Overview of Dominion Generation Corporation

Company Overview

Dominion Generation Corporation engages in electric generation. The company generates electricity using fossil fuels and other renewable sources of energy. The company is based in Richmond, Vermont. Dominion Generation Corporation operates as a subsidiary of Virginia Power Services, LLC.

120 Tredegar Street

Richmond, VT 23219

United States

Founded in 2001

Phone:

804-819-2000

Fax:

804-771-4295

Key Executives for Dominion Generation Corporation

Chief Executive Officer
Age: 61
Compensation as of Fiscal Year 2016.

Dominion Generation Corporation Key Developments

Dominion Generation Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Dominion Generation announced unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported earnings was $391 million against $326 million a year ago. Earnings per share were $0.66 against $0.10 a year ago. The company produced EBITDA of $796 million, which is in the upper half of its guidance range. Lower operating expenses and higher merchant generation margins were contributing factors to the strong results. For the nine months, the company reported earnings was $923 million against $794 million a year ago. Earnings per share were $1.56 against $1.36 a year ago.

Dominion Generation Announces Unaudited Preliminary Earnings Results for the second quarter and six months ended June 30, 2015

Dominion Generation announced unaudited preliminary earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported earnings of $250 million or $0.42 per share compared to $159 million or $0.27 per share a year ago. EBITDA was $546 million, which was also in the middle of its guidance range. Favorable weather and utility generation and lower operating expenses and merchant generation were the contributing factors to the strong results. for the six months ended June 30, 2015, the company reported earnings of $532 million or $0.90 per share compared to $468 million or $0.80 per share a year ago.

Similar Private Companies By Industry

Company Name Region
3 Phases Renewables, LLC United States
Abacus Resources Energy, LLC United States
Access Energy, LLC United States
Adams Electric Cooperative, Inc. United States
Adams-Columbia Electric Cooperative United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Dominion Generation Corporation, please visit www.dom.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.