Rochester, NY 8/20/2009 9:00:20 PM
News / Finance

Dominion Resources, Inc., D - Dominion Resources Shares Jump on Second Quarter

Dominion Resources, Inc.

Dominion Resources, a US-based power and gas utility company has reported earnings of $454 million, or $0.76 per share, for the second quarter ended June 30, 2009, compared to $298 million, or $0.51 per share, for the same period of 2008. The company also reported operating revenue of $3.45 billion for the second quarter ended June 30, 2009, compared to $3.39 billion for the same quarter of 2008.

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Thomas Farrell II, chairman, president and CEO of Dominion Resources, said: "This quarter we continued our emphasis on meeting the growing infrastructure needs of customers in the energy markets we serve.On the regulatory front, we successfully completed our case for the Virginia electric transmission rate adjustment clause. The resolution of this case ensures recovery of our electric transmission costs in a timely manner and allows for recovery of our electric transmission investments."

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