Operating Earnings Summary Second Quarter 2016 Versus Guidance 0.75 0.71 2nd Quarter Drivers Lower operating expenses 0.65 Mild weather Major storm restoration Guidance Actual Range Operating EPS* *See page 30 of the…
Operating EBITDA Summary Second Quarter 2016 Versus Guidance (in millions) Operating Guidance Actual Drivers Segment EBITDA EBITDA Lower operating expenses Dominion Virginia 355 - 390 363 Mild weather Power Major storm…
Dominion Midstream Partners (DM) Second Quarter 2016 Earnings and Distribution Financial Results in line with Management expectations Net Income 22.5 million Adjusted EBITDA 27.2 million* Distributable Cash Flow 23.8 million*…
Cash Flow and Financing Activities Second Quarter 2016 Cash Flow & Liquidity 2.0 billion in funds from operations for first half of 2016 5.5 billion of credit facilities 2.8 billion of liquidity Recent Financing Activities Equity…
Operating Earnings Guidance Third Quarter 2016 1.10 3rd Quarter Drivers 1.03 0.95 Growth projects Lower capacity expense Absence of a farmout agreement Share dilution 3Q 2015 3Q 2016 EPS* Guidance* *See page 36 and 37 of…
Hedged Power Update Millstone Hedge Position 95% Hedged 8% Hedged* 56.97 51.51 42.40 37.95 29.25 25.65 2015 2016 2017 NEPOOL Baseload Avg Hedge Position NEPOOL ATC Power Price *For 2017, we have hedged only off-peak…
Dominion Generation Growth Project Update Brunswick 1,358 MW Brunswick County Power Station 3-on-1 gas fired combined cycle Charlottesville Began commercial operations in April Richmond Completed construction ahead of schedule…
Dominion Generation Growth Project Update Greensville 1,588 MW plant in Greensville County, VA 3-on-1 gas fired combined cycle Duct burners, inlet air chillers, gas only Charlottesville Richmond Estimated Costs of 1.3 billion…
Dominion Generation Growth Project Update Solar Utah long-term contracted solar projects expected in- service this Fall Four Brothers 50% ownership in 320 MW facility Three Cedars 50% ownership in 210 MW facility Virginia solar…
Dominion Energy Growth Project Update Cove Point Liquefaction Construction is On-time & On-budget Engineering is 99% complete Procurement of engineered equipment is 99% complete 1,800 construction workers on-site Project is…
Dominion Energy Growth Project Update ACP, Supply Header, Other Energy Atlantic Coast Pipeline & Supply Header (1.5 Bcf/day each) Filed FERC Applications September 2015 Amendment filed in March with an updated route Notice of Intent…
Key Takeaways Second Quarter 2016 Highlights Executing the growth plan and delivering on guidance Dominion Operating earnings of 0.71 per share in the upper half of the second quarter guidance range* Strong operating and safety…
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