Dominion Energy Q4 GAAP EPS $0.30 vs $0.39 YoY; sells 50% stake in CVOW to Stonepeak

DOMINION ENERGY, INC

2023-FY EPS reported $2.29 revenue$14,393,000,000

Q4 2023 GAAP net income $0.30 per share; operating earnings $0.29 per share vs $0.76 in Q4 2022.
Full-year 2023 GAAP EPS $2.29; operating EPS $1.99 vs $3.06 in 2022.
Agreed to sell 50% noncontrolling interest in CVOW offshore wind farm to Stonepeak; close expected by year-end 2024.
CVOW project affirmed on time and on budget; 2.6 GW, 176 turbines, scheduled for late 2026.
Business review investor meeting scheduled for March 1, 2024 to conclude strategic and financial outlook.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DOMINION ENERGY, INC reported the 12 months ended December 31, 2023 results: net income $2.0 billion ($2.29 per share), EPS $2.29 per share.

Period: the 12 months ended December 31, 2023
Net income: $2.0 billion ($2.29 per share)
EPS: $2.29 per share
Result: preliminary results

Exact text from the filing

net income of $2.0 billion ($2.29 per share) for the 12 months ended Dec. 31, 2023, compared with net income of $1.3 billion ($1.49 per share) for the same period in 2022

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DOMINION ENERGY, INC reported the three months ended December 31, 2023 results: net income $273 million ($0.30 per share), EPS $0.30 per share.

Period: the three months ended December 31, 2023
Net income: $273 million ($0.30 per share)
EPS: $0.30 per share
Result: preliminary results

Exact text from the filing

Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended Dec. 31, 2023, of $273 million ($0.30 per share)

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Source: SEC EDGAR

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