Dominion Resources Stock: A Dive into the Numbers

Dominion Energy Overview

Dominion Energy, a Fortune 500 company headquartered in Richmond, Virginia, is a leading energy company with a diverse portfolio of regulated and competitive energy assets. The company serves customers in 15 states across the United States, primarily in the Southeast and Midwest.

With operations spanning electric generation, natural gas distribution, gas storage, and energy transportation, Dominion Energy plays a crucial role in providing reliable, affordable, and sustainable energy to its customers.

Key Figures

• Revenue: $14.1 billion in 2021
• Net income: $3.8 billion in 2021
• Total assets: $106.7 billion as of December 2021
• Employees: 15,100 as of December 2021

Dominion Resources Stock Performance

Dominion Energy's stock (NYSE: D) has consistently outperformed the broader market in recent years.

Historical Performance

• 1-year return: 15.2%
• 5-year return: 87.4%
• 10-year return: 172.6%

Valuation Metrics

• Price-to-earnings (P/E) ratio: 18.2
• Price-to-book (P/B) ratio: 1.6
• Dividend yield: 3.3%

Growth Prospects

Dominion Energy's growth prospects are driven by several key factors:

• Increased demand for energy: The growing population and economy are expected to increase demand for energy, particularly in the regions where Dominion Energy operates.
• Investment in renewable energy: Dominion Energy is investing heavily in renewable energy projects, including solar, wind, and offshore wind.
• Expansion of natural gas infrastructure: The company is expanding its natural gas infrastructure to meet the growing demand for clean and affordable transportation fuel.

Risks and Challenges

Like any investment, Dominion Resources stock is not without risks and challenges:

• Regulatory uncertainties: The energy industry is heavily regulated, and changes in regulations could impact Dominion Energy's operations and financial performance.
• Competition from alternative energy sources: The growing adoption of renewable energy sources and distributed generation could pose competition to Dominion Energy's traditional business model.
• Weather-related events: Extreme weather events, such as hurricanes and ice storms, can disrupt Dominion Energy's operations and lead to financial losses.

Analyst Recommendations

Analysts are generally bullish on Dominion Resources stock, with many recommending a buy or hold rating. Here are some recent analyst recommendations:

• Goldman Sachs: Buy, target price $110
• Morgan Stanley: Overweight, target price $105
• Citigroup: Buy, target price $108

Investor Considerations

When considering investing in Dominion Resources stock, investors should carefully evaluate the company's financial performance, growth prospects, and risks.

Questions to Ask

• Is the dividend yield attractive relative to other income-generating investments?
• How does Dominion Energy's valuation compare to peers in the energy sector?
• What are the potential risks and challenges that could impact the company's stock performance?

Pros and Cons

Pros:

• Strong financial performance and consistent dividend payments
• Diversified energy portfolio with exposure to growing markets
• Investment in renewable energy and sustainable energy initiatives

Cons:

• Exposure to regulatory uncertainties
• Competition from alternative energy sources
• Weather-related risks

Conclusion

Dominion Resources stock offers investors a compelling combination of growth potential, dividend income, and stability. While the stock is not without risks, its solid fundamentals and promising outlook make it an attractive investment for long-term income investors.

Tables

Table 1: Dominion Energy Financial Highlights

Table 2: Dominion Energy Stock Performance

Table 3: Dominion Energy Valuation Metrics

Table 4: Analyst Recommendations for Dominion Resources Stock