Dominion Energy Announces Third-Quarter 2021 Earnings

    Author Mining News DailyPosted on Categories Latest News, Production Gold CompaniesTags , ,

    <br /> Dominion Energy Announces Third-Quarter 2021 Earnings<br />

    – Third-quarter 2021 GAAP net income of $0.79 per share; operating earnings of $1.11 per share

    – Company initiates fourth-quarter 2021 operating earnings guidance of $0.85 to $0.95 per share; narrows 2021 operating earnings guidance range to $3.80 to $3.90 per share

    – Company affirms long-term earnings and dividend growth guidance

    PR Newswire


    RICHMOND, Va.

    ,

    Nov. 5, 2021

    /PRNewswire/ — Dominion Energy (NYSE: D) today announced an unaudited net income determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended

    Sept. 30, 2021

    , of

    $654 million

    (

    $0.79

    per share) compared with a net income of

    $356 million

    (

    $0.41

    per share) for the same period in 2020.

    Operating earnings for the three months ended

    Sept. 30, 2021

    , were

    $918 million

    (

    $1.11

    per share), compared to operating earnings of

    $916 million

    (

    $1.08

    per share) for the same period in 2020.

    GAAP earnings for the three months ended

    Sept. 30, 2021

    , relative to operating earnings reflect the mark-to-market impact of economic hedging activities, regulated asset retirements and other charges, the contribution from Questar Pipelines, which has been accounted for as discontinued operations until divested, and other adjustments.

    Operating earnings are defined as reported earnings adjusted for certain items.  Details of operating earnings as compared to prior periods, business segment results and detailed descriptions of items included in reported earnings but excluded from operating earnings can be found on Schedules 1, 2, 3 and 4 of this release.


    Guidance


    Fourth-quarter 2021 operating earnings are expected to be in the range of

    $0.85

    to

    $0.95

    per share.

    The company has narrowed its full-year 2021 operating earnings guidance range to

    $3.80

    to

    $3.90

    per share. Assuming normal weather for the remainder of the year, the company expects operating earnings per share for 2021 to be above the midpoint of this narrowed guidance range. The company also affirmed its long-term earnings and dividend growth guidance.


    Webcast today


    The company will host its third-quarter 2021 earnings call at

    10 a.m. ET on Friday

    , Nov. 5, 2021.  Management will discuss matters of interest to financial and other stakeholders including recent financial results.

    A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at

    investors.dominionenergy.com

    .

    For individuals who prefer to join via telephone, domestic callers should dial 1-800-341-6228 and international callers should dial 1-334-777-6993.  The passcode for the telephonic earnings call is 26658770#.  Participants should dial in 10 to 15 minutes prior to the scheduled start time.

    A replay of the webcast will be available on the investor information pages at

    investors.dominionenergy.com

    by the end of the day Nov. 5.  A telephonic replay of the earnings call will be available beginning at about

    1 p.m. ET

    on Nov. 5.  Domestic callers may access the recording by dialing 1-877-919-4059.  International callers should dial 1-334-323-0140.  The PIN for the replay is 81282128.


    Important note to investors regarding operating, reported earnings


    Dominion Energy uses operating earnings as the primary performance measurement of its earnings guidance and results for public communications with analysts and investors.  Dominion Energy also uses operating earnings internally for budgeting, for reporting to the Board of Directors, for the company’s incentive compensation plans and for its targeted dividend payouts and other purposes. Dominion Energy management believes operating earnings provide a more meaningful representation of the company’s fundamental earnings power.

    In providing its operating earnings guidance, the company notes that there could be differences between expected reported earnings and estimated operating earnings for matters such as, but not limited to, acquisitions, divestitures or extreme weather events and other natural disasters.  Dominion Energy management is not able to estimate the aggregate impact of these items on future period reported earnings.


    About Dominion Energy


    More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit

    DominionEnergy.com

    to learn more.


    This release contains certain forward-looking statements, including forecasted operating earnings fourth-quarter and full-year 2021 and beyond which are subject to various risks and uncertainties. Factors that could cause actual results to differ include, but are not limited to: unusual weather conditions and their effect on energy sales to customers and energy commodity prices; extreme weather events and other natural disasters; extraordinary external events, such as the current pandemic health event resulting from COVID-19; federal, state and local legislative and regulatory developments; changes to regulated rates collected by Dominion Energy; timing and receipt of regulatory approvals necessary for planned construction or expansion projects and compliance with conditions associated with such regulatory approvals; the inability to complete planned construction projects within time frames initially anticipated; risks and uncertainties that may impact the ability to develop and construct the CVOW Commercial Project within the currently proposed timeline, or at all, and consistent with current cost estimates along with the ability to recover such costs from customers; changes to federal, state and local environmental laws and regulations, including those related to climate change; cost of environmental compliance; changes in implementation and enforcement practices of regulators relating to environmental standards and litigation exposure for remedial activities; changes in operating, maintenance and construction costs; additional competition in Dominion Energy’s industries; changes in demand for Dominion Energy’s services; receipt of approvals for, and timing of, closing dates for acquisitions and divestitures; impacts of acquisitions, divestitures, transfers of assets by Dominion Energy to joint ventures, and retirements of assets based on asset portfolio reviews; the expected timing and likelihood of the sale of Dominion Energy Questar Pipeline and the sale of Kewaunee, including the ability to obtain the requisite regulatory approvals and the terms and conditions of such regulatory approvals; adverse outcomes in litigation matters or regulatory proceedings; fluctuations in interest rates; fluctuations in currency exchange rates of the Euro or Danish Krone associated with the CVOW Commercial Project; changes in rating agency requirements or credit ratings and their effect on availability and cost of capital; and capital market conditions, including the availability of credit and the ability to obtain financing on reasonable terms.  Other risk factors are detailed from time to time in Dominion Energy’s quarterly reports on Form 10-Q and most recent annual report on Form 10-K filed with the Securities and Exchange Commission.



    Dominion Energy, Inc.



    Consolidated Statements of Income *



    Unaudited (GAAP Based)



    (millions, except per share amounts)



    Three Months Ended



    Nine Months Ended




    September 30,




    September 30,




    2021



    2020




    2021



    2020



    Operating Revenue




    $     3,176



    $      3,607




    $   10,084



    $    10,651



    Operating Expenses


    Electric fuel and other energy-related purchases



    703


    594



    1,740


    1,758


    Purchased electric capacity



    26


    23



    62


    36


    Purchased gas



    60


    37



    665


    561


    Other operations and maintenance

    1



    702


    2,128



    3,000


    4,683


    Depreciation, depletion and amortization



    621


    595



    1,833


    1,751


    Other taxes




    223



    203




    702



    663


    Total operating expenses




    2,335



    3,580




    8,002



    9,452


    Income from operations




    841



    27




    2,082



    1,199


    Other income

    2



    202


    281



    946


    327


    Interest and related charges




    407



    306




    978



    1,136


    Income from continuing operations including noncontrolling


    interests before income tax expense (benefit)



    636


    2



    2,050


    390


    Income tax expense (benefit)




    35



    (110)




    200



    (123)


    Net Income from continuing operations including noncontrolling interests




    601



    112




    1,850



    513


    Net Income (Loss) from discontinued operations including noncontrolling

    interests




    65



    19




    119



    (1,753)



    Net Income (loss) including noncontrolling interests



    $        666


    $         131



    $     1,969


    $    (1,240)


    Noncontrolling interests




    12



    (225)




    22



    (157)



    Net Income (loss) attributable to Dominion Energy




    $        654



    $         356




    $     1,947



    $    (1,083)


    Reported Income per common share from continuing operations – diluted



    $       0.71


    $        0.42



    $       2.20


    $        0.83


    Reported Income (Loss) per common share from discontinued operations –

    diluted



    0.08


    (0.01)



    0.15


    (2.21)



    Reported Income (loss) per common share – diluted



    $       0.79


    $        0.41



    $       2.35


    $      (1.38)


    Average shares outstanding, diluted



    810.0


    833.8



    807.6


    837.1



    1)

    Includes impairment of assets and other charges.



    2)

    Includes earnings (loss) from equity method investees.


    * The notes contained in Dominion Energy’s most recent quarterly report on Form 10-Q or annual report on Form 10-K are


    an integral part of the Consolidated Financial Statements.



    Schedule 1 – Segment Reported and Operating Earnings



    Unaudited



    (millions, except per share amounts)



    Three months ended September 30,




    2021




    2020




    Change



    REPORTED EARNINGS


    1



    $          654



    $          356



    $          298


    Pre-tax loss (income)

    2


    413


    859


    (446)


    Income tax

    2


    (149)


    (299)


    150


    Adjustments to reported earnings


    264


    560


    (296)



    OPERATING EARNINGS



    $          918



    $          916



    $              2



    By segment:


    Dominion Energy Virginia


    599


    613


    (14)


    Gas Distribution


    69


    64


    5


    Dominion Energy South Carolina


    151


    157


    (6)


    Contracted Assets


    119


    112


    7


    Corporate and Other


    (20)


    (30)


    10



    $          918



    $          916



    $              2



    Earnings Per Share (EPS):


    3



    REPORTED EARNINGS


    1



    $         0.79



    $         0.41



    $         0.38


    Adjustments to reported earnings (after tax)


    0.32


    0.67


    (0.35)



    OPERATING EARNINGS



    $         1.11



    $         1.08



    $         0.03



    By segment:


    Dominion Energy Virginia


    0.74


    0.74


    –


    Gas Distribution


    0.08


    0.08


    –


    Dominion Energy South Carolina


    0.19


    0.19


    –


    Contracted Assets


    0.15


    0.13


    0.02


    Corporate and Other


    (0.05)


    (0.06)


    0.01



    $         1.11



    $         1.08



    $         0.03



    Common Shares Outstanding (average, diluted)


    810.0


    833.8



    (millions, except earnings per share)



    Nine months ended September 30,




    2021




    2020




    Change



    REPORTED EARNINGS


    1



    $       1,947



    $      (1,083)



    $       3,030


    Pre-tax loss (income)

    2


    735


    4,572


    (3,837)


    Income tax

    2


    (243)


    (1,155)


    912


    Adjustments to reported earnings


    492


    3,417


    (2,925)



    OPERATING EARNINGS



    $       2,439



    $       2,334



    $          105



    By segment:


    Dominion Energy Virginia


    1,464


    1,479


    (15)


    Gas Distribution


    415


    375


    40


    Dominion Energy South Carolina


    337


    326


    11


    Contracted Assets


    373


    295


    78


    Corporate and Other


    (150)


    (141)


    (9)



    $       2,439



    $       2,334



    $          105



    Earnings Per Share (EPS):


    3



    REPORTED EARNINGS


    1



    $         2.35



    $        (1.38)



    $         3.73


    Adjustments to reported earnings (after tax)


    0.61


    4.11


    (3.50)



    OPERATING EARNINGS



    $         2.96



    $         2.73



    $         0.23



    By segment:


    Dominion Energy Virginia


    1.81


    1.77


    0.04


    Gas Distribution


    0.52


    0.45


    0.07


    Dominion Energy South Carolina


    0.42


    0.39


    0.03


    Contracted Assets


    0.46


    0.35


    0.11


    Corporate and Other


    (0.25)


    (0.23)


    (0.02)



    $         2.96



    $         2.73



    $         0.23



    Common Shares Outstanding (average, diluted)


    807.6


    837.1



    1)


    Determined in accordance with Generally Accepted Accounting Principles (GAAP).



    2)


    Adjustments to reported earnings are included in Corporate and Other segment reported GAAP earnings.  Refer to Schedules 2 and 3 for details, or find “GAAP


    Reconciliation” in the Earnings Release Kit on Dominion Energy’s website at


    investors.dominionenergy.com


    .



    3)


    The calculation of operating earnings per share excludes the impact, if any, of fair value adjustments related to the Company’s convertible preferred securities entered in June 2019. Such fair value adjustments, if any, are required for the calculation of diluted reported earnings per share. No adjustments were necessary for the three months and nine months ended September 30, 2021. No adjustment was necessary for the three months ended September 30, 2020. For the nine months ended September 30, 2020, the fair value adjustment required for diluted reported earnings per share was $28 million. During each quarter, the calculation of reported and operating earnings per share includes the impact of preferred dividends of $7 million associated with the Series A preferred stock equity units entered in June 2019 and $9 million associated with the Series B preferred stock equity units entered in December 2019. See Forms 10-Q and 10-K for additional information.


    Schedule 2 – Reconciliation of 2021 Reported Earnings to Operating Earnings


    2021 Earnings (Nine months ended

    September 30, 2021

    )

    The

    $735 million

    pre-tax net effect of the adjustments included in 2021 reported earnings, but excluded from operating earnings, is primarily related to the following items:


    • $12 million

      net market benefit associated with

      $309 million

      from the nuclear decommissioning trusts offset by

      $297 million

      in economic hedging activities.

    • $124 million

      of net income from discontinued operations.

    • $497 million

      of regulated asset retirements and other charges, including

      $266 million

      associated with the settlement of the

      South Carolina

      electric rate case, primarily for the write-off of regulatory assets for debt repurchased in 2019,

      $119 million

      associated with the proposed settlement of

      Virginia Power’s

      2021 triennial review, and

      $77 million

      for forgiveness of Virginia customer accounts in arrears pursuant to Virginia’s 2021 budget process.

    • $127 million

      of merger and integration-related costs associated with the SCANA Combination, primarily for litigation charges.

    • $88 million

      of charges associated with workplace realignment primarily related to a corporate office lease termination.

    • $68 million

      of storm damage and restoration costs associated with ice storms in

      Virginia Power’s

      service territory.




    (millions, except per share amounts)



    1Q21



    2Q21



    3Q21



    4Q21



    YTD 2021



    3



    Reported earnings


    $1,008


    $285


    $654


    $                  –


    $1,947


    Adjustments to reported earnings

    1

    :


    Pre-tax loss (income)


    (152)


    474


    413


    –


    735


    Income tax


    37


    (131)


    (149)


    –


    (243)


    (115)


    343


    264


    –


    492


    Operating earnings


    $893


    $628


    $918


    $                  –


    $2,439



    Common shares outstanding (average, diluted)


    805.9


    806.6


    810.0


    –


    807.6



    Reported earnings per share


    2


    $1.23


    $0.33


    $0.79


    $                  –


    $2.35


    Adjustments to reported earnings per share

    2


    (0.14)


    0.43


    0.32


    –


    0.61



    Operating earnings per share


    2


    $1.09


    $0.76


    $1.11


    $                  –


    $2.96



    1) Adjustments to reported earnings are reflected in the following table:



    1Q21



    2Q21



    3Q21



    4Q21



    YTD 2021



    Pre-tax loss (income):


    Net loss (gain) on NDT funds


    (134)


    (194)


    19


    –


    (309)


    Mark-to-market impact of economic hedging activities


    (278)


    291


    284


    –


    297


    Discontinued operations – Gas Transmission & Storage segment


    (35)


    (30)


    (59)


    –


    (124)


    Regulated asset retirements and other charges


    100


    278


    119


    –


    497


    Merger litigation and integration charges


    71


    48


    8


    –


    127


    Workplace realignment


    71


    0


    17


    –


    88


    Storm damage and restoration costs


    51


    17


    0


    –


    68


    Kewaunee decommissioning revision


    0


    44


    0


    –


    44


    Other


    2


    20


    25


    –


    47


    ($152)


    $474


    $413


    $                  –


    $735



    Income tax expense (benefit):


    Tax effect of above adjustments to reported earnings *


    37


    (131)


    (111)


    –


    (205)


    Other


    0


    0


    (38)


    –


    (38)


    $37


    ($131)


    ($149)


    $                  –


    ($243)


    *


    Income taxes for individual pre-tax items include current and deferred taxes using a transactional effective tax rate. For interim reporting purposes,


    such amounts may be adjusted in connection with the calculation of the Company’s year-to-date income tax provision based on its estimated


    annual effective tax rate.



    2)


    The calculation of operating earnings per share excludes the impact, if any, of fair value adjustments related to the Company’s convertible preferred


    securities entered in June 2019. Such fair value adjustments, if any, are required for the calculation of diluted reported earnings per share. No adjustments


    were necessary for the three months ended March 31 or June 30 or for the three and nine months ended September 30. During each quarter of 2021, the


    calculation of reported and operating earnings per share includes the impact of preferred dividends of $7 million associated with the Series A preferred stock


    equity units and $9 million associated with the Series B preferred stock equity units. See Forms 10-Q and 10-K for additional information.



    3)


    YTD EPS may not equal sum of quarters due to share count difference and fair value adjustment associated with the convertible preferred


    securities.


    Schedule 3 – Reconciliation of 2020 Reported Earnings to Operating Earnings


    2020 Earnings (Twelve months ended

    December 31, 2020

    )

    The

    $4.1 billion

    pre-tax net effect of the adjustments included in 2020 reported earnings, but excluded from operating earnings, is primarily related to the following items:


    • $2.4 billion

      net loss from discontinued operations associated with the sale of the Gas Transmission & Storage segment as well as the cancellation of the Atlantic Coast Pipeline project.

    • $840 million

      of charges primarily relating to the planned early retirement of electric generation facilities in

      Virginia

      and

      $257 million

      of charges for expected customer credit reinvestment offset and customer arrears forgiveness for Virginia utility customers.

    • $626 million

      for an impairment charge attributable to Dominion Energy’s interests in certain merchant solar generation facilities and a contract termination charge in connection with the sale of Fowler Ridge.

    • $238 million

      of merger and integration-related costs associated with the SCANA Combination, including

      $117 million

      associated with litigation.




    (millions, except per share amounts)



    1Q20



    2Q20



    3Q20



    4Q20



    YTD 2020



    Reported earnings (loss)


    ($270)


    ($1,169)


    $356


    $682


    ($401)


    Adjustments to reported earnings

    1

    :


    Pre-tax loss (income)


    1,265


    2,448


    859


    (452)


    4,120


    Income tax


    (207)


    (649)


    (299)


    442


    (713)


    1,058


    1,799


    560


    (10)


    3,407


    Operating earnings


    $788


    $630


    $916


    $672


    $3,006



    Common shares outstanding (average, diluted)


    838.2


    839.4


    833.8


    812.8


    831.0



    Reported earnings (loss) per share


    2


    ($0.34)


    ($1.52)


    $0.41


    $0.82


    ($0.57)


    Adjustments to reported earnings per share

    2


    1.26


    2.25


    0.67


    (0.01)


    4.11



    Operating earnings per share


    2


    $0.92


    $0.73


    $1.08


    $0.81


    $3.54



    1) Adjustments to reported earnings are reflected in the following table:



    1Q20



    2Q20



    3Q20



    4Q20



    YTD 2020



    Pre-tax loss (income):


    Discontinued operations – Gas Transmission & Storage segment *


    (161)


    2,691


    90


    (217)


    2,403


    Regulated asset retirements and other charges


    768


    44


    200


    96


    1,108


    Charges associated with interests in merchant renewable generation facilities


    0


    0


    626


    0


    626


    Merger and integration-related costs


    51


    22


    77


    88


    238


    Net (gain) loss on NDT funds


    538


    (393)


    (190)


    (290)


    (335)


    Liability management and financing


    31


    18


    13


    0


    62


    Mark-to-market impact of economic hedging activities


    37


    32


    (46)


    (140)


    (117)


    Other **


    1


    34


    89


    11


    135


    $1,265


    $2,448


    $859


    ($452)


    $4,120



    Income tax expense (benefit):


    Tax effect of above adjustments to reported earnings ***


    (224)


    (649)


    (230)


    442


    (661)


    Other


    17


    0


    (69)


    0


    (52)


    ($207)


    ($649)


    ($299)


    $442


    ($713)


    *


    Amount excludes the 50% interest in Cove Point retained by the Company.


    **


    Includes social justice commitments and Tropical Storm Isaias.


    ***


    Income taxes for individual pre-tax items include current and deferred taxes using a transactional effective tax rate. For interim reporting purposes,


    such amounts may be adjusted in connection with the calculation of the Company’s year-to-date income tax provision based on its estimated


    annual effective tax rate.



    2)


    The calculation of operating earnings per share excludes the impact, if any, of fair value adjustments related to the Company’s convertible preferred


    securities entered in June 2019. Such fair value adjustments, if any, are required for the calculation of diluted reported earnings per share. No adjustments


    were necessary for the three months ended March 31, September 30 or December 31. For the three months ended June 30, the fair value adjustment


    required for diluted reported earnings per share calculation was $92 million. For the twelve months ended December 31, the fair value adjustment required


    for diluted reported earnings per share calculation was $11 million. In each quarter of 2020, the calculation of reported and operating earnings per share


    includes the impact of preferred dividends of $7 million associated with the Series A preferred stock equity units entered in June 2019 and $9 million


    associated with the Series B preferred stock equity units entered in December 2019. See Forms 10-Q and 10-K for additional information.



    3)


    YTD EPS may not equal sum of quarters due to share count difference and fair value adjustment associated with the convertible preferred


    securities.



    Schedule 4 – Reconciliation of 3Q21 Earnings to 3Q20



    Preliminary, Unaudited



    Three Months Ended



    Nine Months Ended




    (millions, except EPS)



    September 30,



    September 30,



    2021 vs. 2020



    2021 vs. 2020



    Increase / (Decrease)



    Increase / (Decrease)




    Reconciling Items




    Amount




    EPS




    Amount




    EPS



    Change in reported earnings (GAAP)



    $298



    $0.38



    $3,030



    $3.73


    Change in Pre-tax loss (income)

    1


    (446)


    (3,837)


    Change in Income tax

    1


    150


    912



    Adjustments to reported earnings



    ($296)



    ($0.35)



    ($2,925)



    ($3.50)



    Change in consolidated operating earnings



    $2



    $0.03



    $105



    $0.23




    Dominion Energy Virginia


    Regulated electric sales:


    Weather


    ($19)


    ($0.02)


    $46


    $0.05


    Other


    22


    0.03


    (18)


    (0.02)


    Rider equity return


    16


    0.02


    26


    0.03


    Electric capacity


    (8)


    (0.01)


    (21)


    (0.03)


    Planned outage costs


    1


    0.00


    (13)


    (0.02)


    Depreciation & amortization


    (12)


    (0.01)


    (23)


    (0.03)


    Renewable energy investment tax credits


    (5)


    (0.01)


    (1)


    0.00


    Other


    (9)


    (0.02)


    (11)


    (0.01)


    Share accretion


    0.02


    0.07



    Change in contribution to operating earnings



    ($14)



    $0.00



    ($15)



    $0.04




    Gas Distribution


    Regulated gas sales:


    Weather


    ($1)


    $0.00


    $2


    $0.00


    Other


    8


    0.01


    15


    0.02


    Rider equity return


    8


    0.01


    29


    0.03


    Interest expense, net


    (2)


    0.00


    14


    0.02


    Other


    (8)


    (0.02)


    (20)


    (0.02)


    Share accretion


    0.00


    0.02



    Change in contribution to operating earnings



    $5



    $0.00



    $40



    $0.07




    Dominion Energy South Carolina


    Regulated electric sales:


    Weather


    ($13)


    ($0.02)


    $2


    $0.00


    Other


    19


    0.02


    31


    0.04


    Regulated gas sales


    1


    0.00


    6


    0.01


    Interest expense, net


    1


    0.00


    7


    0.01


    Other


    (14)


    (0.01)


    (35)


    (0.04)


    Share accretion


    0.01


    0.01



    Change in contribution to operating earnings



    ($6)



    $0.00



    $11



    $0.03




    Contracted Assets


    Margin


    ($2)


    $0.00


    $19


    $0.02


    Planned outage costs


    3


    0.00


    28


    0.03


    Renewable energy investment tax credits


    0


    0.00


    23


    0.03


    Other


    6


    0.02


    8


    0.01


    Share accretion


    0.00


    0.02



    Change in contribution to operating earnings



    $7



    $0.02



    $78



    $0.11




    Corporate and Other


    Share accretion and other


    $10


    $0.01


    ($9)


    ($0.02)



    Change in contribution to operating earnings



    $10



    $0.01



    ($9)



    ($0.02)




    Change in consolidated operating earnings



    $2



    $0.03



    $105



    $0.23



    Change in adjustments included in reported earnings


    1


    $296


    $0.35


    $2,925


    $3.50




    Change in consolidated reported earnings



    $298



    $0.38



    $3,030



    $3.73



    1)


    Adjustments to reported earnings are included in Corporate and Other segment reported GAAP earnings. Refer to Schedules 2 and 3 for details, or find “GAAP Reconciliation” in the Earnings Release Kit on Dominion Energy’s website at investors.dominionenergy.com.


    Note: Figures may not sum due to rounding

    Cision
    View original content:

    https://www.prnewswire.com/news-releases/dominion-energy-announces-third-quarter-2021-earnings-301417356.html

    SOURCE Dominion Energy

    PR Newswire
    November 5, 2021 – 4:30 AM PDT