|
07-14-2018, 11:49 AM
|
#1
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
|
Dominion Energy
Going long on D to replace Washington Gas (WGL) that was acquired for cash. Fortunately I held it in an IRA. It was a near 3 bagger for me despite having purchased it just for the divvy which I did not drip. Same thing happened to me with Potomac Electric (POM) and I bought Southern Co (SO). Divvy on D is ~4.75 and I do expect some price appreciation. These utility stocks just don’t sit and payout dividends like they did when everything was regulated.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
07-14-2018, 12:15 PM
|
#2
|
Thinks s/he gets paid by the post
Join Date: Mar 2017
Posts: 1,635
|
My long-term concern with Dominion is whether it will be dragged down by its exposures to coal and nuclear electricity supply. I don't think either is in danger of getting regulated out of existence, whoever controls the government.
But natural gas and wind are placing cost pressures on both, solar may get there, and the beginnings of electricity storage could push out high-cost electricity production.
It may still be a good stock in the short-to-intermediate term, and their mix of production could change.
|
|
|
07-15-2018, 04:47 AM
|
#3
|
Full time employment: Posting here.
Join Date: Mar 2016
Location: An island off the coast of Florida. (Ok - if you really need to know it's Vero Beach)
Posts: 633
|
Quote:
Originally Posted by Out of Steam
My long-term concern with Dominion is whether it will be dragged down by its exposures to coal and nuclear electricity supply. I don't think either is in danger of getting regulated out of existence, whoever controls the government.
But natural gas and wind are placing cost pressures on both, solar may get there, and the beginnings of electricity storage could push out high-cost electricity production.
It may still be a good stock in the short-to-intermediate term, and their mix of production could change.
|
+1
|
|
|
07-16-2018, 07:43 PM
|
#4
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
|
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
07-16-2018, 07:49 PM
|
#5
|
Full time employment: Posting here.
Join Date: Mar 2004
Posts: 526
|
Dominion might be the only single stock I own - all the rest is in Vanguard. I inherited it and it’s been very good to me with all the DRIPping over the years. Maybe I should look at the annual report! Are they working to diversify into more environmentally friendly energy?
|
|
|
07-17-2018, 04:08 PM
|
#6
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
|
Dominion Energy
They do have some solar acquisitions but I haven’t come across the details. They’re currently acquiring SCN and I’m not sure how that affects the mix. I think they have the only LPG export facility in North America.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
07-17-2018, 09:05 PM
|
#7
|
Full time employment: Posting here.
Join Date: Mar 2004
Posts: 526
|
Their investor page is half filled with a photo of a solar farm, and their materials emphasize growth in solar and other non-fossil-fuel electricity production. They certainly talk a good game, although it's still a tiny part of its capacity.
I'm an index investor, and have been pleasantly surprised over the years how much it has grown while I've ignored it. It could be time to pay attention, but I don't know how I'd go about it. Just turned 65, and I've been decreasing equities and increasing fixed-income to carry me through the beginning stages of retirement in case of a bear market. I'll have to give this some thought. I'm glad you brought it up!
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|