The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Fri., May. 22, 7:26 AM

Slide #6. Dominion Resources, Inc. Secondary Offering

Company: Dominion Resources, Inc. (NYSE:D)
Date announced: 5/20/2015
Shares Offered: 2,800,000
Secondary Offering Details: Dominion Resources, Inc. (NYSE: D), today announced the sale of an aggregate of 2,800,000 shares of its common stock through a registered underwritten public offering to UBS Securities LLC, as the sole underwriter for this offering. The net proceeds from the offering will be used for general corporate purposes, to finance capital expenditures and to repay short term debt including commercial paper. The offering is expected to close on May 27, 2015, subject to customary closing conditions.

Dominion Resources is a producer and transporter of energy. Co.'s operations include Virginia Power, a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina, a regulated interstate natural gas transmission pipeline and underground storage system in the Northeast, mid-Atlantic and Midwest states, an LNG import, transport and storage facility in Maryland and regulated gas transportation and distribution operations in Ohio and West Virginia. Co.'s nonregulated operations include merchant generation, energy marketing and retail energy marketing operations. As of Dec 31 2013, Co. served nearly 6.0 million customers in 15 states.
Open the D Page at The Online Investor »

Company Name:  Dominion Resources Inc
Sector:  Electric Utilities
Number of ETFs Holding D:  74
Total Market Value Held by ETFs:  $1.88B
Total Market Capitalization:  $42.54B
% of Market Cap. Held by ETFs:  4.41%

Open the D Page at The Online Investor (in a new window) »

May 22, 2015    7:26 AM Eastern
Quotes delayed 20 minutes

Buy (3.25 out of 4)
59th percentile
(ranked higher than approx. 59% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2015, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.