A new SEC filing reveals that Paul Dabbar, Board Member at Dominion Energy (NYSE:D), made a notable insider purchase on December 4,.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Dabbar increased their investment in Dominion Energy by purchasing 1,539 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $69,778.
Dominion Energy shares are trading down 0.52% at $45.89 at the time of this writing on Tuesday morning.
All You Need to Know About Dominion Energy
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
Financial Insights: Dominion Energy
Negative Revenue Trend: Examining Dominion Energy's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -3.86% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among ...