If You'd Invested $10,000 in Dominion Energy Stock 10 Years Ago, Here's How Much You'd Have Today
Dominion Energy (NYSE: D) has undergone a major transformation over the past decade. The energy company has invested heavily in expanding its regulated utility operations to capitalize on growing power demand across the Southeast. Meanwhile, it has sold off several other energy businesses to help pay for these investments. Here's a look at how much value the company's investment strategy has generated for shareholders over the past decade.Ten years ago, Dominion Energy was one of the largest producers and transporters of energy. It had a diversified portfolio of power generation assets, natural gas infrastructure, and utilities. The company invested heavily in expanding its businesses, positioning it to grow its earnings and dividends at healthy rates for a utility. Continue reading
Dominion Energy (NYSE: D) has undergone a major transformation over the past decade. The energy company has invested heavily in expanding its regulated utility operations to capitalize on growing power demand across the Southeast. Meanwhile, it has sold off several other energy businesses to help pay for these investments.
Here's a look at how much value the company's investment strategy has generated for shareholders over the past decade.
Ten years ago, Dominion Energy was one of the largest producers and transporters of energy. It had a diversified portfolio of power generation assets, natural gas infrastructure, and utilities. The company invested heavily in expanding its businesses, positioning it to grow its earnings and dividends at healthy rates for a utility.
