Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

A summary of the Companies’ quarterly results of operations for the years ended December 31, 2020 and 2019 follows. Amounts reflect all adjustments necessary in the opinion of management for a fair statement of the results for the interim periods. Results for interim periods may fluctuate as a result of weather conditions, changes in rates and other factors. In addition, Dominion Energy’s results have been recast reflecting the presentation of operations included in the GT&S Transaction, Q-Pipe Transaction and investment in Atlantic Coast Pipeline as discontinued operations. See Notes 3 and 9 for more information.

Dominion Energy

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
(millions)
2020
Operating revenue	$	3,938		$	3,106		$	3,607		$	3,521
Income from continuing operations		368			804			27			856
Net income (loss) from continuing operations including noncontrolling interests		(468	)		869			112			815
Net income (loss) from discontinued operations including noncontrolling interest		229			(2,001	)		19			(125	)
Net income (loss) including noncontrolling interests		(239	)		(1,132	)		131			690
Net income (loss) attributable to Dominion Energy		(270	)		(1,169	)		356			682
Basic EPS:
Net income (loss) from continuing operations		(0.57	)		1.01			0.42			0.98
Net income (loss) from discontinued operations		0.23			(2.42	)		(0.01	)		(0.16	)
Net income (loss) attributable to Dominion Energy		(0.34	)		(1.41	)		0.41			0.82
Diluted EPS:
Net income (loss) from continuing operations		(0.57	)		0.90			0.42			0.98
Net income (loss) from discontinued operations		0.23			(2.42	)		(0.01	)		(0.16	)
Net income (loss) attributable to Dominion Energy		(0.34	)		(1.52	)		0.41			0.82
Dividends declared per preferred share (Series A)		4.375			4.375			4.375			4.375
Dividends declared per preferred share (Series B)		11.625			11.625			11.625			11.625
Dividends declared per common share		0.9400			0.9400			0.9400			0.6300
2019
Operating revenue	$	3,281		$	3,443		$	3,782		$	3,895
Income (loss) from continuing operations		(744	)		248			1,104			936
Net income (loss) from continuing operations including noncontrolling interests		(908	)		(199	)		947			820
Net income (loss) from discontinued operations including noncontrolling interest		231			257			38			190
Net income (loss) including noncontrolling interests		(677	)		58			985			1,010
Net income (loss) attributable to Dominion Energy		(680	)		54			975			1,009
Basic EPS:
Net income (loss) from continuing operations		(1.14	)		(0.25	)		1.14			0.99
Net income from discontinued operations		0.28			0.32			0.05			0.22
Net income (loss) attributable to Dominion Energy		(0.86	)		0.07			1.19			1.21
Diluted EPS:
Net income (loss) continuing operations		(1.14	)		(0.25	)		1.12			0.99
Net income from discontinued operations		0.28			0.32			0.05			0.22
Net income (loss) attributable to Dominion Energy		(0.86	)		0.07			1.17			1.21
Dividends per share (Series A Preferred Stock)		—			0.729			4.375			4.375
Dividends per share (Series B Preferred Stock)		—			—			—			1.9375
Dividends declared per common share		0.9175			0.9175			0.9175			0.9175

Virginia Electric and Power Company

Quarterly Financial Data

Virginia Power’s quarterly results of operations were as follows:

	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
(millions)
2020
Operating revenue	$	1,930		$	1,805	$	2,248	$	1,780
Income (loss) from operations		(133	)		635		687		497
Net income (loss)		(280	)		490		475		336
2019
Operating revenue	$	1,965		$	1,938	$	2,264	$	1,941
Income from operations		122			238		820		659
Net income		20			100		602		427