Dominion Resource's most recent trend suggests a bullish bias. One trading opportunity on Dominion Resource is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 5.26% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $70.00 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 at 54.28 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Dominion Resource
Q1 Earnings Preview For Dominion Resources
Thu, 02 May 2019 18:29:07 +0000
On Friday, May 3, Dominion Resources (NYSE: D ) will release its latest earnings report. Benzinga's outlook for Dominion Resources is included in the following report. Earnings and Revenue Wall Street …
Dominion Energy Expected to Earn $1.12 a Share
Thu, 02 May 2019 18:27:00 +0000
is expected to report quarterly earnings of $1.12 a share on sales of $4.8 billion before the market opens on Friday, based on a FactSet survey of 13 analysts. Dominion Energy is currently trading at a price-to-forward-earnings ratio of 18.1 based on the 12-month estimates of 17 analysts surveyed by FactSet. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
Southern Stock Is a Bit Too Risky for a Utility Play
Thu, 02 May 2019 15:33:18 +0000
By any conventional measure Southern (NYSE:SO) is a hot utility stock. SO stock is up 20% since the start of the year, against a 16.5% gain for the average stock in the S&P 500. Yet the 60 cent per share dividend, which is covered by earnings, still yields a fat 4.7%.Source: Shutterstock While Pacific Gas & Electric (NYSE:PCG), which tied its future to renewable energy, has gone into bankruptcy, Southern continues to stand tall.What could possibly go wrong? To put it simply, the rise of wind and solar power.InvestorPlace – Stock Market News, Stock Advice & Trading Tips Southern's Nuclear StrategySouthern is one of the largest operators of nuclear power plants in the country, with six in all. It's building two more, an expansion of its Plant Vogtle on the Savannah River. * The 10 Best Stocks to Buy for May Assuming the plants come on stream by 2022, Southern will have an additional 2.4 Million megawatt hours of capacity to sell, over 10% of the region's demand.Of course, that's a big if. A similar nuclear expansion across the river, in South Carolina, cost $9 billion, resulted in 9 rate hikes, and was eventually abandoned. The utility company behind it was sold to Dominion Energy (NYSE:D) for $13.4 billion in cash and assumed debt.For now Vogtle is the only nuclear power going up that qualifies under the Republican plans for "green energy," and the project is being showered with largesse in the form of federal loan guarantees that now total $12 billion. The expansion, originally slated to cost $14 billion, now has a budget of $28 billion. Changing WindsAs costs for solar and wind energy continue to fall — they're now cheaper than maintaining coal-fired power plants — the long-term fate of nuclear energy is increasingly precarious.Southern directors see which way the wind is blowing. They recently tied CEO Tom Fanning's pay to cuts in SO stock's carbon footprint. But those plans are highly dependent on finishing Vogtle and getting that energy into the grid. The riskiest operating periods for a nuclear plant are when it's new, as the Vogtle plants will be, or when it's past its useful life.These are the long-term risks SO stock, and the southeastern U.S. economy, are running as construction on the plants continues. SO Stock EarningsSouthern reported earnings May 1. Earnings per share were in line with estimates at 70 cents. Meanwhile, revenue came in a bit low at $5.4 billion instead of the expected $5.8 billion. This isn't great, as revenues generally peak in the first quarter, which covers the winter, and the third quarter, which covers the summer.SO stock fell about 1.7% on the news.Analysts don't seem to know what to think of the risk-reward balance for so, with 13 of 21 just saying hold, against 2 buyers and 5 sellers. We'll see how that changes in light of Q1 earnings, however.The dividend is one of the highest in the utility sector, but most stock buyers today want risk and utilities, by their nature, are not risky investments.The red light flashing on Southern remains the debt, used to finance the nuclear power plants. It totaled $40.5 billion at the end of 2018. That debt load must be matched against the company's equity value, $54.3 billion. Its bonds currently yield about 4.6%, close to the stock's yield. The Bottom LineA recent analyst report on Southern said it offered "short-term gain and long-term pain." That's about right.Southern stock has been the best-performing among the big southeastern utilities this year, outpacing NextEra Energy (NYSE:NEE), Dominion and Duke Energy (NYSE:DUK). But the debt load is huge, and Southern has already sold $12 billion in assets to keep the bonds afloat, including its solar energy portfolio and Gulf Power, which serves Florida.For Southern stock and debt to pay off, the nuclear plants not only have to go online, but operate profitably, over decades, in an environment where solar and wind costs are continuing to decline. * 5 Stocks to Sell in May Before Investors Go Away That's not a good bet for a risk-off investment.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. Compare Brokers The post Southern Stock Is a Bit Too Risky for a Utility Play appeared first on InvestorPlace.
7 Dividend Stocks That Are Worth Your Money
Wed, 01 May 2019 19:25:47 +0000
Editor's note: This story was previously published in November 2018. While it has been edited and republished, some nonessential information may no longer be current.No matter where we are in the investing cycle, dividend stocks never go out of style. However, it's during times of unpredictability that investors seek out dividend aristocrats. But despite, there are other dividend stocks out there that are still worth checking out despite not being in this exclusive club.Regardless of the dividend stock's status, investors must consider the following when looking at good income stocks to buy: Investors should select a company that has a history of steady increases in dividend distributions, has growing cash flow every year and is still trading a discount or up to fair value.InvestorPlace – Stock Market News, Stock Advice & Trading Tips * 7 Reasons to Buy Alphabet Stock Despite Its Earnings Miss With that in mind, here are the seven dividend stocks that are worth your money: Ford (F)Source: Shutterstock Starting with one of the most cyclical but most dependable in dividend income on this list, Ford (NYSE:F) offers a dividend yielding 5.8%.The selling pressure F stock saw near the tail-end of 2018 was replaced by a bit more optimism in 2019, as F stock slowly accelerated throughout 2018 as markets fretted over a U.S.-led trade war that hurt car sales. Selling finally capitulated in late-October, with Ford stock falling to below $8.17 before rebounding.But the company's quarterly earnings report offered no evidence that business was so bad the stock deserved to fall. Instead, Ford reported a solid earnings-per-share and revenue beat of 29 cents (non-GAAP) and $37.67 billion, respectively.The economic cycle may hurt auto sales, but Ford is ready to take on the challenging environment. It benefited from a strong product mix in North America, driving revenue up 3% year-over-year. Cash of $23.7 billion and cash liquidity of $23.7 billion suggests Ford will not cut the dividend any time soon. It may even issue a special dividend if truck and SUV sales exceed estimates in 2019. Philip Morris International (PM)Source: Shutterstock Philip Morris International (NYSE:PM) has a dividend yielding 5.8%.Rumors that the U.S. Food and Drug Administration plans to impose restrictions on e-cigarette sales hurt PM's stock price slightly. Still, the stock is holding up better than other cigarette suppliers.Philip Morris is adapting to the change in smoking habits. It continues to invest in its IQOS device, which has helped the company significantly in the longer term. In Q3, the margin impact of lower IQOS device sales lifted operating income by 7.6%. IQOS 2 launched at the end of 2018 in Japan with notable success. By offering an alternative to cigarette smoking as consumers embrace the heated tobacco system, this company will bring in revenue growth quarter-after-quarter. * The 10 Best Stocks to Buy for May And with that trend playing out, management may reward its loyal investors by increasing its dividends in the years ahead. Dominion Energy (D)Source: Shutterstock Dominion Energy (NYSE:D) has a dividend yield of 4.8%, which is down since June and for a good reason: The stock rallied from $61.53 and closed recently around $77.12.The company's stock has started to rise out of its 2019 range, but it still has some legroom to run. Dominion Energy earned $1.15 a share and $3.16 so far for the nine months of the year. Power generation, power delivery and gas infrastructure revenue all came within the guidance range midpoint.For the full-year 2018, Dominion Energy expects EPS in the range of $3.95 – $4.10. Its 2017-2020 operating EPS CAGR will be 6% – 8%.Income investors may look forward to the completion of the SCANA merger later this year, as Dominion's business plan includes a diverse growth capital investment program that will spread its business risks.Ultimately, this dividend stock is worth considering when you consider that it is starting a variety of businesses, has an improved risk profile, strong earnings results. Chevron (CVX)Source: swong95765 via Flickr (Modified)Chevron (NYSE:CVX) is a major integrated oil and gas firm with a dividend yield of 4%.Chevron's upstream operations found a boost at the end of 2018 going into 2019, earning 828 million — a vast improvement from a loss of $26 million last year. The unit benefited from crude oil prices moving higher, while the company increased production. * 3 Marijuana Stocks to Buy After the Midterms Meanwhile, CapEx levels are trending slightly higher at 5% above expectations. YTD, it is $600 million above its plan. The company expects cost trends to level out and savings to be realized over time, all of which bodes well for CVX in the future. Iron Mountain (IRM)Source: Shutterstock At 7.5%, Iron Mountain Incorporated (NYSE:IRM) offers one of the highest dividend yields on this list of dividend stocks to buy.The company recently reported impressive third-quarter results, which were supported by internal storage rental revenue and margin expansion.In Q3, revenue rose 12%, while adjusted EBITDA jumped 15%. These results allowed the company to declare a 4% increase in its Q4 dividend payout. Iron Mountain benefited from rental revenue growing 2.6% so far this year. Internal service revenue growth of 5.2% is due to grow in the shred business, digitization and special projects.Markets often question the sustainability of Iron Mountain's dividend, but the NOI CAGR of 3.1% for Physical Storage, plus its expansion in emerging markets and data center, suggest the company will grow EBITDA through the end of 2020. If business keeps up at this strong pace, the share price will go up, lowering the dividend yield. But management may just hike the dividend in the future to keep its yield attractive while rewarding its shareholders.The takeaway here is that Iron Mountain is in the process of shifting its business into new segments. It has time to make the conversion because its borrowing was at a fixed-rate, averaging 4.8%. Even as rates move higher, Iron Mountain's interest rate costs will not go up enough to hurt the dividend payout. BCE Inc (BCE)Source: BCE, Inc. Telecom giant BCE Inc (NYSE:BCE) is a Canadian firm whose dividend yields 5.6%.It is this high because the stock fell steadily throughout 2017, down 16.6% from a 52-week high. Bell allayed fears of any business weakness when it reported a good third-quarter report. It added 266,000 wireless, internet and IPTV customers, an increase of 78,000 or 41.5% from last year. In the more important wireless division, Bell added 178,000 wireless customers — the best ever for a Q3 period. This added 5.9% in revenue growth and 4.5% higher adjusted EBITDA.Q3 is seasonally the weakest period for Bell, but the firm reported a 1.1% increase in revenue.In 2019, BCE will cut 4% of its management staff (700 positions). The capital intensity ratio will fall along with total cash pension funding. In effect, the cost controls will keep profit margins strong while the firm continues to pay out a dividend to shareholders. * 6 Pharmaceutical Stocks to Buy After the Midterms Sure, investors could consider AT&T (NYSE:T) as an alternative, especially given that the dividend is 6.5%. But since BCE is a pure play in wireless and internet markets, with little exposure to content other than its CTV unit, it has a distinct advantage depending on your investment approach. And for that reason, I chose BCE instead. BP (BP)Source: Shutterstock BP (NYSE:BP) is a major integrated oil and gas firm whose stock pulled back 14.55% from yearly highs. The dividend yields 6.1%, which is elevated because oil prices fell recently and took BP stock down with it.However, markets are quick to forget BP's solid third-quarter beating consensus estimates. The firm reported profits of $3.8 billion, more than double that of last year's level. Revenue grew a staggering 32% from last year to $79.5 billion. After dropping from $47.83 to below $41, the market is signaling that it does not believe the company will report profit growth with oil prices lower.BP is well-prepared for an even bigger drop in oil prices. Over the years, it shed non-core assets, strengthened its balance sheet and continued paying a dividend despite the fluctuations in oil prices. Its underlying cash flow inflow is balanced with the outflow of organic capital expenditure and dividends. Should cash flow fall due to lower oil prices, BP may sustain its dividend but lower spending.To keep growing in the future, BP has five major projects currently in operation: Thunder Horse Northwest Expansion, Western Flank B, Atoll, Taas Expansion and Shah Deniz 2.BP's outlook is bright. It is shedding over $3 billion in assets and spending ~ $15 billion in capital expenditure in 2018. In the upcoming fourth quarter, it forecasts higher production from upstream. Downstream will benefit from higher levels of a turnaround thanks to its Whiting refinery in the U.S.Will oil prices keep falling? No one knows, but BP is prepared. It forecast EPS growth through to 2021 on ~ 50/bbl in 2018 and just $35 – $40/bbl by 2021. In short, if oil prices hold $60 -$65 for the next few years, investors get a dividend and BP stock will keep going up.As of this writing, Chris Lau owned shares of F and BP. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 Stocks That Are Soaring This Earnings Season * 5 Biotech Stocks for a Long-Lived Portfolio * 10 Times Apple's Hardware Failed Consumers — And Hurt Its Business Compare Brokers The post 7 Dividend Stocks That Are Worth Your Money appeared first on InvestorPlace.
EQM says ‘unlikely' to complete Mountain Valley natgas pipe in 2019
Tue, 30 Apr 2019 18:09:00 +0000
EQM Midstream Partners LP said Tuesday it was “unlikely” to complete the long-delayed $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia during 2019 due to ongoing legal and regulatory challenges. EQM Chief Executive Thomas Karam told analysts on a call that the project was about 80 percent complete and the company remained confident it would get the pipeline built. When EQM started construction in February 2018, it estimated Mountain Valley would cost about $3.5 billion and be completed by the end of 2018.
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