Worth Watching Stock for Traders: Dominion Energy (NYSE:D)

Dominion Energy (NYSE:D) stock identified change of 21.20% away from 52-week low price and recently located move of 0.33% off 52-week high price. It has market worth of $65564.25M and dividend yield of 4.49%. D stock has been recorded 5.39% away from 50 day moving average and 8.17% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.73% off 20-day moving average.

On Oct. 2, 2019, Dominion Energy (NYSE:D) disclosed organizational changes tied to a new financial and operating reporting structure that will take effect on Dec. 1, 2019. The changes are aimed at improving the company’s operating efficiency, customer experience and transparency of its financial disclosures.

The company named two executives to the new position of co-chief operating officer (co-COO).

Robert M. Blue, currently executive vice president (EVP) and president and chief executive officer-Power Delivery Group, and Diane Leopold, currently EVP and president and chief executive officer-Gas Infrastructure Group, were each named EVP and co-COO-Dominion Energy, effective as of December 1.

Two of the company’s five new operating segments will report to Blue: Dominion Energy Virginia, the vertically integrated electric utility in Virginia and North Carolina; and Contracted Generation, which includes Millstone Power Station and more than 50 long-term contracted solar facilities.

Leopold will have responsibility for three operating segments – Gas Transmission & Storage, consisting of 14,800 miles of natural gas transmission, gathering and storage pipelines, gas storage operations and the Cove Point LNG facility; Gas Distribution, which has four gas local distribution companies in Idaho, North Carolina, Ohio, Utah, West Virginia and Wyoming; and Dominion Energy South Carolina, a natural gas and electric utility in the Palmetto State.

Also effective on December 1, Carter M. Reid, currently EVP and chief administrative and compliance officer, will become EVP and chief of staff for Dominion Energy, and president of Dominion Energy Services.

 The Utilities sector company, Dominion Energy noticed change of 2.61% to $81.7 along volume of 4608574 shares in recent session compared to an average volume of 3718.97K. The stock observed return of 0.88% in 5 days trading activity. The stock was at 5.51% over one month performance. D’s shares are at 4.53% for the quarter and driving a 16.23% return over the course of the past year and is now at 14.33% since this point in 2018. 

 The average volatility for the week at 1.47% and for month was at 1.32%. There are 802.5M shares outstanding and 800.93M shares are floated in market. Right now the stock beta is 0.22. 

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