Dominion affirmed all other earnings and dividend guidance. The Company offers natural gas and electric energy transmission, gathering, and storage solutions. The yield has consistently been over 4% since early 2018 and more recently has been over 5% at times. In its first deal since the economic downturn caused by coronavirus, Berkshire Hathaway is purchasing natural gas transmission and storage assets from Dominion Energy in … Dominion Energy would receive about $1.3 billion in cash and Under that deal, See More Posts on {{symbol}} Message Board. © As you were browsing www.streetinsider.com something about your browser made us think you were a bot. View the latest Dominion Energy Inc. (D) stock price, news, historical charts, analyst ratings and financial information from WSJ. Dominion Resources Capital Trust III -- Moody's announces completion of a periodic review of ratings of Dominion Energy, Inc. 2: Moody's Ratings: 13.10. 2020 an initial closing to be followed with a subsequent Questar After completing the CAPTCHA below, you will immediately regain access to www.streetinsider.com. transfer around $430 million of existing Questar Pipelines Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously. InvestorsHub.com, Inc. Dominion Energy (D) Sells Gas Transmission, Storage Assets to Berkshire Hathaway Energy in $9.7B Deal. (RTTNews) - Dominion Energy (D) agreed to sell substantially all of its Gas Transmission & Storage segment assets to an affiliate of Berkshire Hathaway Inc. (BRK-B, … Please contact us here http://www.streetinsider.com/signup_content.php. Dominion Energy said it expects its pending sale of its gas transmission and storage assets to an affiliate of Berkshire Hathaway Inc., excluding Questar Pipelines, to close around Nov. 1. Hathaway Inc., excluding Questar Pipelines, to close around Nov. Dominion Energy, Inc. produces and transports energy products. Hart-Scott-Rodino clearance in early 2021. expects 2020 operating earnings per share, normalized for weather, Since all closing conditions have been met for non-Questar transmission and storage assets to an affiliate of Berkshire Federal Trade Commission related to the sale of Questar Pipelines. You reached this page when attempting to access https://www.streetinsider.com/Corporate+News/Dominion+Energy+%28D%29+Sells+Gas+Transmission%2C+Storage+Assets+to+Berkshire+Hathaway+Energy+in+%249.7B+Deal/17081665.html from 198.136.50.130 on 2020-10-31 22:25:19 UTC. 1. Based on year-to-date performance, Dominion Energy said it now related indebtedness at closing. Dominion was a popular income stock before the announcement. If you are interested in www.streetinsider.com content, APIs are available. Dominion Energy said it will receive about $2.7 billion in cash The stock had over 77k followers on Seeking Alpha. Dominion said it expects to complete the sale of Questar http://www.streetinsider.com/signup_content.php. Dominion Energy said it will receive about $2.7 billion in cash and transfer $5.3 billion of existing Dominion Energy Gas Holdings related indebtedness at closing. However, revenue, earnings, and cash flow will be reduced after sale of the segment means that a … Write to Michael Dabaie at michael.dabaie@wsj.com, Dominion, Berkshire In Dual-Phase Closing for Gas Transmission, Storage Assets. and transfer $5.3 billion of existing Dominion Energy Gas Holdings The companies agreed to a dual-phase closing because of updated JavaScript needs to be enabled to complete CAPTCHA. Pipelines to Berkshire Hathaway Energy upon receipt of to be in the top half of its $3.37 to $3.60 guidance range. Pipelines assets, Dominion and Berkshire opted to move forward with Much of this was due to the high dividend yield compared to the S&P 500. Dominion Energy said it expects its pending sale of its gas Pipelines closing in early 2021. timing expectations for receipt of the HSR clearance from the indebtedness. Dominion Energy (D) stock is taking a beating Monday after announcing the sale of its natural gas assets to Berkshire Hathaway (BRK.A,BRK.B). NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.

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