Dominion earns USD 159 million in Q2

Dominion earns USD 159 million in Q2

Dominion reported earnings for the three months ended June 30 of $159 million, compared with earnings of $202 million for the same period in 2013.

Operating earnings for the three months ended June 30 amounted to $361 million, compared to operating earnings of $355 million for the same period in 2013.

Thomas F. Farrell II, chairman, president and chief executive officer, said: “During the quarter, we continued to move forward with our infrastructure growth plan. We received the environmental assessment from FERC for our Cove Point Liquefaction project and we anticipate receiving FERC approval for the project in the next few weeks. We are also in negotiations with multiple parties on the Southeast Reliability Pipeline and hope to secure firm contracts in the near future.”

 

Press Release, July 30, 2014; Image: Dominion

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