Dominion Energy said earlier in its earnings report that the $3.1B pre-tax net loss of the adjustments included in its 2022 reported earnings, but excluded from operating earnings, includes a $1.5B charge associated with the impairment of certain nonregulated solar generation facilities. Shares of Dominion are down 4% to $59.09 in afternoon trading.
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Read More on D:
- Dominion Energy’s Board of Directors Sets 2023 Dividend Rate; Declares Quarterly Dividend of 66.75 Cents
- Dominion Energy Announces Fourth-Quarter and Full-Year 2022 Earnings
- Dominion reports Q4 operating EPS $1.06, consensus $1.04
- Dominion price target lowered to $62 from $65 at Mizuho
- Dominion price target lowered to $65 from $76 at Morgan Stanley