Dominion Resource (D) Offering Possible 17.65% Return Over the Next 22 Calendar Days

Dominion Resource's most recent trend suggests a bullish bias. One trading opportunity on Dominion Resource is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 17.65% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $62.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Dominion Resource is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Dominion Resource is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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LATEST NEWS for Dominion Resource

Dominion Energy Publicly Launches New Debt Program
Mon, 25 Jun 2018 20:20:00 +0000
RICHMOND, Va., June 25, 2018 /PRNewswire/ — Dominion Energy, Inc. (NYSE:D), today announced the public launch of a new financing program, Dominion Energy Reliability Investment, allowing qualified investors the opportunity to invest directly in new debt that will be issued by the company. Dominion Energy Reliability Investment will pay a floating rate of interest competitive with other short-term cash investments. Under the program, Dominion Energy will use the net proceeds of the sale of the notes to finance capital expenditures and future acquisitions and to retire or redeem debt securities issued by the company and for other general corporate purposes, which may include the repayment of short-term debt.

Caterpillar and Red Hat Are Among 19 Big-Name Stocks Ready to Change Direction
Mon, 25 Jun 2018 19:11:00 +0000
Below is a list of names for those charts we believe are showing technical characteristics of either bullish or bearish reversal patterns that occurred over the past week. Bullish reversals imply institutional accumulation and the potential for higher prices.

Free Pre-Market Technical Recap on Dominion Energy and Three Additional Electric Utilities Stocks
Wed, 20 Jun 2018 11:45:00 +0000
In today's lineup are these four equities: Dominion Energy Inc. (NYSE: D), DTE Energy Co. (NYSE: DTE), Duke Energy Corp. (NYSE: DUK), and Edison International (NYSE: EIX). Richmond, Virginia headquartered Dominion Energy Inc.'s shares climbed 1.42%, finishing Tuesday's trading session at $66.94.

Blue Racer Midstream, LLC — Moody's upgrades Blue Racer's senior notes to B2, rates new notes
Thu, 14 Jun 2018 15:06:07 +0000
Moody's Investors Service (“Moody's”) upgraded Blue Racer Midstream, LLC's (BRM) senior unsecured notes to B2 from B3 and simultaneously assigned a B2 rating to the company's proposed $300 million senior unsecured notes, due 2026. Net proceeds from the new notes will be used to repay borrowings outstanding under the company's revolving credit facility and for general corporate purposes. “The new notes will increase BRM's gross debt by about $30 million, but they will also provide an equal amount of cash that should minimize the need to draw on the revolver, said Sajjad Alam, Moody's Senior Analyst.

Dominion Energy's Atlantic Coast Pipeline Suffers Setback
Thu, 14 Jun 2018 13:32:01 +0000
Dominion Energy's (D) Atlantic Coast Pipeline is likely to transport 1.5 billion cubic feet (Bcf) of natural gas per day to North Carolina and Virginia.

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