The utility reaffirms full-year guidance after Q2 earnings of $0.79 per share, including $0.03 from RNG credits.
Dominion Energy raised its cost estimate for the Coastal Virginia Offshore Wind project to $11.65 billion and targeted final turbine installation by the end of 2027. The update follows a Q2 2026 operating earnings report of $0.79 per share, which included $0.03 from renewable natural gas credits.
The company reaffirmed all financial guidance provided earlier, maintaining its outlook despite the revised project budget. Q2 earnings matched expectations, with RNG credits contributing a modest boost to the quarterly result.
Shares showed limited movement in after-hours trading as investors digested the cost revision and timeline extension.