Summary
This 8-K filing from Dominion Energy, Inc. (D) primarily serves to provide updated and restated financial information for the quarter ended June 30, 2019. The core of this update relates to a significant restructuring completed by Dominion Energy Gas Holdings, LLC (Dominion Energy Gas). This restructuring involved the acquisition of Dominion Cove Point, LLC and Dominion MLP Holding Company II, LLC, and the disposition of The East Ohio Gas Company and Dominion Gathering and Processing, Inc. Investors should note that the provided unaudited consolidated financial statements and accompanying Management's Discussion and Analysis (MD&A) for Dominion Energy, Inc., Virginia Electric and Power Company, and Dominion Energy Gas have been restated retrospectively to reflect this restructuring as if it occurred at the beginning of the presented period. This filing is supplementary to Dominion Energy's 2019 Second Quarter Form 10-Q and offers a more current view of the combined entity's financial position post-restructuring.
Key Highlights
- 1Dominion Energy Gas Holdings, LLC completed a significant restructuring involving asset acquisitions and dispositions.
- 2The restructuring includes the acquisition of Dominion Cove Point, LLC and Dominion MLP Holding Company II, LLC.
- 3The restructuring also includes the disposition of The East Ohio Gas Company and Dominion Gathering and Processing, Inc.
- 4Updated unaudited consolidated financial statements for the quarter ended June 30, 2019, are provided.
- 5The updated financial statements and MD&A give retrospective effect to the restructuring.
- 6This filing supplements the company's previously filed 2019 Second Quarter Form 10-Q.
- 7Exhibit 99.1 and 99.2 contain the updated financial statements and MD&A, respectively.