A notable insider purchase on May 8, was reported by SUSAN STORY, Director at Dominion Energy (NYSE:D), based on the most recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled that STORY made a notable purchase of 6,906 shares of Dominion Energy, valuing at $355,037.
During Thursday's morning session, Dominion Energy shares up by 1.19%, currently priced at $52.77.
Unveiling the Story Behind 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.
Dominion Energy's Financial Performance
Revenue Growth: Dominion Energy's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -6.46%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers ...