Skip to main content Q2 2011 Earnings Call – Dominion Resources, Inc. Investor Presentation | Shale Experts
Loading...
Pm

Q2 2011 Earnings Call – Dominion Resources, Inc.

Dominion Resources, Inc. · Jul 28, 2011 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 1
    Dominion Resources, Inc. 2nd Quarter 2011 Earnings Conference Call July y 28,, 2011 Visit us online at: www.dom.com/investors Dominions common stock trades under ticker D:NYSE
  2. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 2
    2Q11 Earnings Summary Strong earnings at top of guidance range 2Q11 Operating Earnings: 0.59 per share Guidance Range: 0.50 - 0.60 per share 2Q11 Reported Earnings*: 0.58 per share Primary items excluded from Operating Earnings…
  3. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 3
    2Q11 Business Unit EBIT* Operating results met or exceeded guidance 2Q11 Guidance Range 2Q11 Operating EBIT* in millions Low High Actual** Dominion Virginia Power 200 - 230 227 + Strong transmission revenues + Strong Dominion Retail…
  4. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 4
    Cash Flow/Financing Activities 600 million in shares repurchased through 2Q Debt Pl Planned dddebt bt iissuance off 1.2 1 2 billion billi tot 1.5 1 5 billi billion during d i th the remainder of the year Hedged 600 million of…
  5. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 5
    Operating Earnings Guidance Affirming 2011 guidance range 2011 operating earnings guidance Unchanged at 3.00 3 00 - 3.30* 3 30* per share Expect 5% to 6% annual growth beginning in 2012 3Q operating earnings guidance of 0.90 to…
  6. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 6
    Hedged Power Update Capturing uplift in New England power prices Description 4/28/11 7/28/11* Increase 2011 Millstone 91% 94% 3% Dominion New England Coal (Power) 62% 78% 16% 2012 Millstone 70% 70% -- Dominion New England Coal…
  7. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 7
    Hedging in NEPOOL Encouraging trend in prices supports growth target 80 79 86 79.86 65 67.88 /MWh 57.44 54.44 54.30 50 51.31 51.07 51.84 52.44 49.98 47.23 41 54 41.54 35 20 2009 2010 2011 2012 2013 2014 2015…
  8. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 8
    Growth Strategy Forward progress on long- long-term plan Investments provide foundation for earnings and dividend growth Many projects in operation or nearing completion and well into development p on next round Potential for…
  9. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 9
    Select Generation Growth Projects 660 MW of capacity added in 2Q Current Projects Update In-service May 2011 Bear Garden Generating Station - 580 MW On time, on budget Expected to be completed mid 2012 Virginia g aC City y Hybrid…
  10. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 10
    Environmental EPA Cross-State Air Pollution Rule Brayton Point Power Station in Massachusetts and Manchester Street Power Station in Rhode Island excluded Evaluating g compliance p options p for Virginia g fleet Plan to discuss…
  11. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 11
    Select Transmission Growth Projects Major 500 kV additions energized in 2Q Current Projects Update Meadow Brook to Loudon Transmission Line In-service April 2011 Carson to Suffolk Transmission Line In-service June 2011 Planned…
  12. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 12
    Select Energy Growth Projects Near term focus on gathering and processing infrastructure Current Projects Update G th i E Gathering Enhancement h t Project P j t Li htb Lightburn E t ti Plant Extraction Pl t portion ti iin-service…
  13. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 13
    Operational Performance Safety and operational excellence Safety performance at natural gas businesses Gas Transmission matched best ever Dominion East Ohio recorded best in over a decade Cove C P Point i t recognized i d US…
  14. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 14
    Virginia Power Highlights Economic growth continues to drive results Projected demand growth in our service territory is highest in PJM Virginias 6% unemployment rate continues to be well below the national average of over 9% Set…
  15. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 15
    Key Regulatory Updates Active calendar for 2011 Virginia Status Intervenor testimony filed July 21 2011 Biennial Review Staff testimony due August 15 Public hearing on Sept. 20 Staff testimony due Nov. 8 Warren County CPCN/Rider W…
  16. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 16
    Strong Quarter, Growth Plan on Track Earnings at the high end of guidance range Completed 600 million in share repurchases through first half of year Affi Affirming i 2011 operating ti earnings i guidance id range off 3.00 to…
  17. Q2 2011 Earnings Call – Dominion Resources, Inc. – slide 17
    Visit our website at: www.dom.com/investors

From the store

Browse maps, data & reports in the Shale Experts store