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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Dominion Energy Inc | NYSE:D | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.17% | 53.31 | 53.5601 | 53.19 | 53.31 | 2,709,512 | 00:26:53 |
From May 2022 to May 2024
By Will Feuer
Dominion Energy Inc. is initiating a review of its business, Chief Executive Bob Blue said, citing disappointing performance of the company's stock.
The Richmond, Va.-based energy company plans to review alternatives to its current mix of business and capital allocation, Mr. Blue said, and assess regulatory options to assist its customers with managing costs.
"We plan to review value-maximizing strategic business actions," Mr. Blue said. The company hopes to also "provide greater predictability to our long-term, state-regulated utility value proposition," Mr. Blue said.
Shares of Dominion are down about 12% so far this year, outperforming the S&P 500, which has fallen some 22% in 2022.
Dominion stock, which closed Thursday at $69.23 a share, is roughly at the same price as it was in 2014.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
November 04, 2022 08:08 ET (12:08 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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