Dominion Resources Inc reports 6% growth outlook

Wed. October 01, 2008; Posted: 05:32 AM

Oct 01, 2008 (M2 EQUITYBITES via COMTEX) -- D | Quote | Chart | News | PowerRating -- Dominion Resources Inc (NYSE:D) reported a growth outlook of 6% and USD13.1bn in active projects at the Merrill Lynch Power & Gas Leaders Conference.

The company's president, chairman and CEO, Thomas Farrell II, announced a total of USD3.7bn in capital (USD2.2bn) and maintenance (USD1.5bn) spending planned for 2008. The majority, or 90%, of the spending will be directed towards regulated businesses, according to Industrial Info Resources.

Comments on this story may be sent to admin@m2.com

For full details on Dominion Resources Inc (D) click here. Dominion Resources Inc (D) has Short Term PowerRatings of 4. Details on Dominion Resources Inc (D) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.