Madam Chairman - We Have a Quorum
We are reaffirming our fair value estimates for Dominion Energy ($85), Duke Energy ($86) and The Southern Company ($50) after the U.S. Senate confirmed Neil Chatterjee and Robert Powelson to fill two of the four vacancies on the Federal Energy Regulatory Commission, or FERC. The two Republicans join acting Chairman Cheryl LaFleur, a Democrat, bringing a quorum to FERC that was lacking one since the departure of Norman Bay in February.We now believe it is likely that the Final Order approving th...
Dominion Energy is a holding company. Through its subsidiaries , the company is engaged in producing and transporting energy. The company's operations are conducted through its subsidiaries: Virginia Electric and Power Company, which is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina; and Dominion Energy Gas Holdings, LLC, which serves as the intermediate parent company for the company's Federal Energy Regulatory Commission-regulated interstate natural gas transmission pipeline and underground storage systems in the eastern and Rocky Mountain regions, as well as for the liquefied natural gas import/export and storage facility.
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